C
Seller's Agent in 2025
Chad Lange
RE/MAX
(217) 714-1171
118 Total Sales
401 E Wood St Colfax, IL 61728
1
Bed
1
Bath
792
Sq Ft
6,970
Sq Ft Lot
Highlights
- Ranch Style House
- Formal Dining Room
- Paneling
- Corner Lot
- Enclosed patio or porch
- Living Room
About This Home
As of May 2025Opportunity awaits in the peaceful village of Colfax. Perched on this wonderful corner lot this one bedroom gem cash flows like wine. Currently a rental property with FULL intention of protecting the tenants residency under an active two year lease that MUST carry with the sale. Squeaky clean little home with low maintenance vinyl flooring throughout. Flat roof and furnace is less than two years old. Tenant pays 500/mon and is responsible for all utilities. Build your income producing profile and seize the moment of this once in a lifetime opportunity to own your own cash cow. Property sold as-is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,237
Year Built
- Built in 1894
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x140
- Corner Lot
Home Design
- Ranch Style House
- Brick Foundation
- Block Foundation
- Asphalt Roof
- Rubber Roof
Interior Spaces
- 792 Sq Ft Home
- Paneling
- Ceiling Fan
- Family Room
- Living Room
- Formal Dining Room
- Vinyl Flooring
- Sump Pump
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Bathroom on Main Level
- 1 Full Bathroom
Parking
- 4 Parking Spaces
- Driveway
- Off-Street Parking
- Parking Included in Price
Schools
- Ridgeview Elementary School
- Ridgeview Jr High Middle School
- Ridgeview High School
Additional Features
- Enclosed patio or porch
- Forced Air Heating System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2025
Closed on
May 1, 2025
Sold by
Givens Tim and Givens Dawn
Bought by
August Moon Properties Llc
Seller's Agent
Chad Lange
RE/MAX Rising
Buyer's Agent
Chad Lange
RE/MAX Rising
List Price
$35,000
Sold Price
$35,500
Premium/Discount to List
$500
1.43%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115546.50%
Original Mortgage
$28,000
Outstanding Balance
$28,000
Interest Rate
6.68%
Mortgage Type
New Conventional
Estimated Equity
$43,869
Purchase Details
Closed on
Jul 20, 2016
Sold by
Trembley John and Trembley Sheila
Bought by
Givens Tim and Givens Dawn
Purchase Details
Closed on
Jul 16, 2011
Sold by
Trembley John and Trembley Sheilla
Bought by
Givens Tim and Givens Dawn
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $35,500 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $33,058 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $28,000 | New Conventional | |
| Previous Owner | $15,983 | Stand Alone First | |
| Previous Owner | $85,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $25,554 | Unknown | |
| Closed | $0 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Sold | $35,500 | +1.4% | $45 / Sq Ft |
| 04/24/2025 04/24/25 | Pending | -- | -- | -- |
| 04/23/2025 04/23/25 | For Sale | $35,000 | -- | $44 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,135 | $14,761 | $3,080 | $11,681 |
| 2022 | $1,135 | $12,038 | $2,512 | $9,526 |
| 2021 | $1,071 | $11,390 | $2,377 | $9,013 |
| 2020 | $1,053 | $11,144 | $2,326 | $8,818 |
| 2019 | $1,054 | $11,144 | $2,326 | $8,818 |
| 2018 | $989 | $10,793 | $2,253 | $8,540 |
| 2017 | $922 | $10,530 | $2,198 | $8,332 |
| 2016 | $904 | $10,406 | $2,172 | $8,234 |
| 2015 | $922 | $10,640 | $2,221 | $8,419 |
| 2014 | $887 | $10,562 | $2,205 | $8,357 |
| 2013 | -- | $11,164 | $2,331 | $8,833 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Lange
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12345946
APN: 17-02-303-006
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