NOT LISTED FOR SALE

406 S Elm St Arcola, IL 61910

Estimated Value: $32,800 - $126,000

3 Beds
1 Bath
1,095 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $22,000 $20 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $574/month

Highlights

  • Property is near a park
  • Corner Lot
  • Porch
  • Arcola High School Rated A-
  • Tennis Courts
  • 1-minute walk to Arcola City Park

About This Home

As of April 2022

Home being sold in As-Is condition. Needs work inside including HVAC. Utilities have not been connected for several years. Roof appears to be good condition. Large lot across from city park. This property will not qualify for VA, FHA, Rural Development or any other type of government funding.

Last Listed By

Randy Hastings

Hillard Agency- Tuscola License #471009277 Listed on: 03/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 100 x 145
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,095 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Arcola Elementary School
  • Arcola Junior High School
  • Arcola High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near a park

Community Details

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1920
  • Age: 100+ 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: CHANDLER & BALES ADDITION 100' X 145' E1/2 BLOCK 12
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1095
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1095
  • Assessed Sq Ft: 1095
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1095
  • Basement Sq Ft: 0
  • Total Sq Ft: 1095
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1095
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 30000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Driveway: Gravel
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Arcola Elementary School
  • High School: Arcola High School
  • Middle/Junior School: Arcola Junior High School
  • Middle/Junior School District: 306

Lot Info

  • Lot Dimensions: 100 X 145
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 899.74
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 26, 2022
Sold by
Poindexter Lynn Diann Exec Of
Bought by
Ortiz Paula Dealanis Del P
Seller's Agent
Randy Hastings
Hillard Agency- Tuscola
Buyer's Agent
Randy Hastings
Hillard Agency- Tuscola
List Price
$30,000
Sold Price
$22,000
Premium/Discount to List
-$8,000
-26.67%
Total Days on Market
0
Current Estimated Value
$91,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,200
Avg. Annual Appreciation
43.68%

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
Ortiz Paula Dealanis Del P $22,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $22,000 -26.7% $20 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $30,000 -- $27 / 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
2023 $816 $9,504 $4,452 $5,052
2022 $895 $10,471 $4,836 $5,635
2021 $924 $10,476 $5,113 $5,363
2020 $900 $10,134 $4,946 $5,188
2019 $872 $10,134 $4,946 $5,188
2018 $1,080 $12,379 $5,399 $6,980
2015 $1,027 $11,340 $4,946 $6,394
2014 $1,027 $11,022 $4,946 $6,076
2013 $1,029 $10,485 $3,813 $6,672
2012 $1,029 $11,109 $4,040 $7,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11354740

Midwest Real Estate Data (MRED)

APN: 01-14-09-212-003