NOT LISTED FOR SALE

401 W Main St Unit 1 Mechanicsburg, IL 62545

Estimated Value: $185,261 - $205,000

5 Beds
2.5 Baths
2,813 Sq Ft
$70/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $180,000 $64 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,255/month

35 Days on Market

Highlights

  • Spa
  • Corner Lot
  • 2 Car Attached Garage
  • Deck
  • No HOA
  • Patio

About This Home

As of December 2023

Welcome to 401 W Main Street, Mechanicsburg, IL – a timeless piece of history waiting for its next chapter. This 1866 2-story historical charmer exudes character and offers the perfect blend of original details and modern updates, making it a true gem for those who appreciate vintage charm. As you step inside, you'll be captivated by the historical nuances, including 10 ft ceilings on the main floor, intricate trim work, transom windows, bay windows, and original exterior and interior doors. All original woodwork on the main floor has been lovingly preserved upstairs, you'll find a partially finished attic with a pool table and potential for further development. The dry basement provides easy access to the 2 + car garage. The clubhouse, pool, hot tub and pool shed will stay with the property. Recent updates include new windows (except in the attic space), two furnaces (one new in 2014), a new A/C unit (2017), and flooring (2014). The roof on the garage and lower levels was redone approximately three years ago, and a new front porch was added. The seller is generously leaving behind old hardware, doors, extra windows, and siding materials to assist the next owner in making this house their own. Please note that the house has been pre-inspected, and it will be sold "As Is - As Reported." The price reflects the current mid renovation condition of the home. Don't miss this opportunity to own a piece of history while adding your own personal touch to this remarkable property.

Last Listed By

KATHY GARST

The Real Estate Group, Inc. Brokerage Phone: 217-306-6063 License #475121251 Listed on: 10/27/2023

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,946

Year Built

  • Built in 1866

Lot Details

  • Lot Dimensions are 95x105
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Brick Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,813 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Deck
  • Patio

Schools

  • Tri-City District #1 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 16-26.0-185-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,946

Year Built

Built in 1866

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1866
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 63.99
  • Age55PlusDevelopment: No
  • Attribution Contact: Mobl: 217-306-6063
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2813
  • TotalBasementSqFt: 1390
  • KitchenDining: Other Kitchen/Dining

Exterior Features

  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Exterior Features: Deck, Hot Tub, Patio, Pool Above Ground
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Side Load Garage

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Tri-City District #1

Lot Info

  • Lot Size: 95x105
  • Parcel #: 16-26.0-185-005

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1874.52
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jan 2, 2024
Sold by
Tanner Justin M and Tanner Rachel L
Bought by
Cochran Melissa Renea
Seller's Agent
KATHY GARST
The Real Estate Group, Inc.
Buyer's Agent
JAMI WINCHESTER
The Real Estate Group, Inc.
List Price
$219,000
Sold Price
$180,000
Premium/Discount to List
-$39,000
-17.81%
Total Days on Market
35
Views
186
Current Estimated Value
$196,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,065
Avg. Annual Appreciation
5.18%
Original Mortgage
$171,000
Outstanding Balance
$169,499
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$23,200

Purchase Details

Closed on
Dec 19, 2018
Sold by
Lester Joseph G
Bought by
Tanner Justin M and Tanner Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2013

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cochran Melissa Renea $180,000 None Listed On Document
-- $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Melissa Renea $171,000
Closed Cochran Melissa Renea $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $180,000 -2.7% $64 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $185,000 -5.1% $66 / Sq Ft
11/01/2023 11/01/23 Price Changed $195,000 -11.0% $69 / Sq Ft
10/27/2023 10/27/23 For Sale $219,000 -- $78 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

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
2023 $1,946 $35,768 $2,615 $33,153
2022 $1,875 $33,925 $2,595 $31,330
2021 $1,695 $30,569 $2,572 $27,997
2020 $1,801 $30,784 $2,590 $28,194
2019 $1,760 $30,935 $2,771 $28,164
2018 $1,617 $28,935 $2,771 $26,164
2017 $1,587 $28,257 $2,706 $25,551
2016 $1,580 $28,144 $2,695 $25,449
2015 $1,563 $27,649 $2,648 $25,001
2014 $1,534 $27,176 $2,603 $24,573
2013 $1,748 $26,380 $2,527 $23,853
Source: Public Records

Agents Affiliated with this Home

  • KATHY GARST

    Seller's Agent in 2023

    KATHY GARST

    The Real Estate Group, Inc.

    (217) 306-6063

    884 Total Sales

    KATHY GARST
    Section Image
  • JAMI WINCHESTER

    Buyer's Agent in 2023

    JAMI WINCHESTER

    The Real Estate Group, Inc.

    (217) 306-1000

    1,355 Total Sales

    JAMI WINCHESTER
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1025671

RMLS Alliance

APN: 16-26.0-185-005

Illinois Sangamon County Mechanicsburg 62545

401 W Main St Unit 1, Mechanicsburg, IL

Homes for Sale in Mechanicsburg, IL

This home is located at 401 W Main St Unit 1, Mechanicsburg, IL 62545 since 27 October 2023 and is currently estimated at $196,065, approximately $69 per square foot. This property was built in 1866. 401 W Main St Unit 1 is a home located in Sangamon County with nearby schools including Tri-City Elementary School, Tri-City Junior High School, and Tri-City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.