NOT LISTED FOR SALE

404 E 7th St Pana, IL 62557

Estimated Value: $73,868 - $140,000

3 Beds
1.5 Baths
1,350 Sq Ft
$70/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $50,900 $38 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $597/month

758 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Asbestos
  • Bungalow
  • 1 Car Garage
  • 3-minute walk to Kitchell Park

About This Home

As of December 2019

PRICE HAS BEEN REDUCED!! Great starter home on a nice street! It has the MAJOR UPDATES DONE such as newer roof, furnace and A/C systems. This 3 bedroom has LOTS OF POTENTIAL. Take a look and make it your own today!! The basement has a toilet, sink, and shower giving it 2.5 total baths for use.

Last Agent to Sell the Property

Nicole Blodgett

Grissom-Schmitz Realty License #475164900 Listed on: 06/05/2017

Last Buyer's Agent

Nicole Blodgett

Grissom-Schmitz Realty License #475164900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1947

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Fenced Yard

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Cement Siding
  • Asbestos

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11252230301400

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Above Grade Finished Sq Ft: 1350.0
  • Directions: in town, Seventh St East off of US Hwy 51, between Maple and Cherry
  • Lot Size Acres: 0.14
  • Lot Size: 50 X 125
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Gravel
  • Year Built: 1947
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1000.0
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Refrigerator
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Stories: 1

Exterior Features

  • Construction Type: Asbestos, Cement Siding
  • Exterior Features: Fence
  • Roof: Shingle
  • Fencing: Yard Fenced
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Pana Dist. 8

Lot Info

  • Lot Size Sq Ft: 6250.0
  • Parcel #: 11252230301400
  • Zoning: R-1

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 970.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Dec 19, 2019
Sold by
Schmitz Caleb J
Bought by
Szudy Christina M
Seller's Agent
Nicole Blodgett
Grissom-Schmitz Realty
Buyer's Agent
Nicole Blodgett
Grissom-Schmitz Realty
List Price
$53,000
Sold Price
$50,900
Premium/Discount to List
-$2,100
-3.96%
Current Estimated Value
$93,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,067
Avg. Annual Appreciation
10.57%
Original Mortgage
$53,939
Outstanding Balance
$47,555
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$46,412

Purchase Details

Closed on
Mar 31, 2011
Sold by
Schmitz Robert J and Schmitz Laura M
Bought by
Schmitz Caleb J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2010
Sold by
Hartlieb Ivan R and Wells Linda M
Bought by
Schmitz Robert J and Schmitz Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,400
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Szudy Christina M $50,900 None Available
Szudy Christina M $50,900 None Available
Schmitz Caleb J $75,750 None Available
Schmitz Robert J $30,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szudy Christina M $53,939
Closed Szudy Christina M $53,939
Previous Owner Schmitz Caleb J $51,000
Previous Owner Schmitz Robert J $24,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $50,900 -4.0% $38 / Sq Ft
07/06/2019 07/06/19 Pending -- -- --
06/07/2017 06/07/17 For Sale $53,000 -- $39 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $1,291 $19,287 $2,226 $17,061
2023 $1,206 $18,223 $2,103 $16,120
2022 $1,190 $17,598 $2,089 $15,509
2021 $1,152 $17,253 $2,048 $15,205
2020 $1,095 $16,521 $1,961 $14,560
2019 $1,709 $16,910 $2,007 $14,903
2018 $1,575 $15,447 $1,964 $13,483
2017 $1,585 $15,762 $2,004 $13,758
2016 $969 $15,718 $1,998 $13,720
2015 $961 $15,535 $1,975 $13,560
2014 $972 $14,450 $1,837 $12,613
2013 $974 $15,595 $1,837 $13,758
2011 $1,115 $15,963 $1,880 $14,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6172693

APN: 11-25-22-303-014-00