$40,000
SOLD JAN 6, 2025

403 N Phillips St Thomasboro, IL 61878

4 Beds
1 Bath
1,568 Sq Ft
5,924 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

43% Below List Price

60 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Room
  • Family Room
  • Living Room
  • Dining Room

About This Home

As of January 2025

Investor Special! This 4 Bedroom, 1-bath home is a prime opportunity for investors or DIY enthusiasts looking to bring their vision to life. Situated on a desirable corner lot, this property offers ample outdoor space and great potential for enhancement. The home features a well-designed floor plan that can be easily updated to maximize space and comfort. The oversized 2.5 car detached garage is perfect for vehicles, storage, or a workshop. With some cleanup and repairs, this home can be transformed into a stunning residence or rental property. Located in the heart of Thomasboro, this home is just minutes from local amenities, schools, and parks, making it an ideal spot. Don't miss your chance to invest in this hidden gem! Being sold in as-is condition.

Last Agent to Sell the Property

Brock Collins

eXp Realty-Champaign License #475188603 Listed on: 10/10/2024

eXp Realty-Champaign

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 82 x 66

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Thomasboro Elementary School
  • Thomasboro Junior High School
  • Rantoul Township High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT PT 1 BLOCK 6 THOMASBORO - DR BK. 26 PG. 621
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 1568
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1568
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1568
  • Basement Sq Ft: 0
  • Total Sq Ft: 1568
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 700
  • Main Level Sq Ft: 868
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 49900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Thomasboro Elementary School
  • High School: Rantoul Township High School
  • Middle/Junior School: Thomasboro Junior High School
  • Middle/Junior School District: 130

Lot Info

  • Lot Dimensions: 82 X 66
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 2384.53
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Dec 17, 2024
Sold by
Redeed Llc
Bought by
Corado Jose Perez
Seller's Agent
Brock Collins
eXp Realty-Champaign
Buyer's Agent
Non Member
NON MEMBER
List Price
$69,900
Sold Price
$40,000
Premium/Discount to List
-$29,900
-42.78%
Views
163
Current Estimated Value
$73,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,333
Avg. Annual Appreciation
253.52%

Purchase Details

Closed on
Aug 27, 2024
Sold by
County Of Champaign
Bought by
Redeed Llc

Purchase Details

Closed on
Oct 19, 2005
Sold by
Wood Carolyn L Bailey and Wood Carolyn L
Bought by
Wood Carolyn L and Wood Richard L
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $40,000 Proper Title
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Listed On Document
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $40,000 -19.8% $26 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $49,900 -16.7% $32 / Sq Ft
10/31/2024 10/31/24 Price Changed $59,900 -14.3% $38 / Sq Ft
10/10/2024 10/10/24 For Sale $69,900 -- $45 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2024 $2,298 $39,880 $3,060 $36,820
2023 $2,298 $35,580 $2,730 $32,850
2022 $2,102 $31,770 $2,440 $29,330
2021 $1,966 $29,670 $2,280 $27,390
2020 $1,934 $28,660 $2,200 $26,460
2019 $1,855 $27,530 $2,110 $25,420
2018 $1,816 $26,120 $2,000 $24,120
2017 $1,833 $25,380 $1,940 $23,440
2016 $1,827 $25,380 $1,940 $23,440
2015 $1,829 $25,380 $1,940 $23,440
2014 $1,736 $25,380 $1,940 $23,440
2013 $1,758 $25,950 $1,980 $23,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12185395

Midwest Real Estate Data (MRED)

APN: 20-09-28-378-004