NOT LISTED FOR SALE

408 E Preston St Atlanta, IL 61723

Estimated Value: $154,000 - $172,000

3 Beds
-- Bath
1,624 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $93,100 $57 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $949/month

82 Days on Market

Highlights

  • Deck
  • Pole Barn
  • Patio
  • Ranch Style House
  • Porch
  • Ceiling Fan

About This Home

As of January 2021

Great 3 BR 1 BA 1624 ft Ranch on 120x120 corner lot in Atlanta is conventional construction. It offers easy access to Bloomington or Lincoln. The 2 car detached garage has blacktop driveway. The additional covered parking area behind garage is great for motor home, boat, camper storage etc. Large covered patio between house and garage gives ample space for cookout and gatherings. Home has convenient layout and deep open basement. Fireplace in family room is secured as it is not usable. Chimney has been closed off. Living room does have area prepared for a free standing heater. Ceiling fans in every room and bedrooms have ample closet space. Home being sold AS-IS.

Last Agent to Sell the Property

Sandra Alexander

Coldwell Banker Cornerstone License #471000410 Listed on: 09/25/2020

Co-Listed By

Cheryl clem

Coldwell Banker Cornerstone License #475128376

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,596

Year Built

  • Built in 1956

Lot Details

  • 0.33

Home Design

  • Ranch Style House

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Sump Pump

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Pole Barn
  • Porch

Schools

  • Atlanta Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,596

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 09/25/2020
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Garage Door Opener(s), Ceiling Fan, Window Coverings
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13.2x10.1, On Level: Main, Flooring: Carpet
  • Basement Foundation: Block, Full, Unfinished
  • Bedroom 2: Dimensions: 12x11, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 12.6x11.4, On Level: Main, Flooring: Carpet
  • Family Room: Dimensions: 27.5x13.8, On Level: Main, Flooring: Carpet
  • Formal Dining Room: On Level: Main, Flooring: Carpet
  • Informal Dining Room: Dimensions: 11.1x10.7
  • Kitchen: Dimensions: 10.7x8.11, On Level: Main, Flooring: Carpet
  • Kitchen Dining: Eat-In Kitchen
  • Living Room: Dimensions: 21.6x13.4, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 57.33
  • Finished Sq Ft: 1624
  • Total Sq Ft: 1624
  • Finished Main Level Sq Ft: 1624

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Patio, Pole Barn, Porch
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Sewer, Public Water, Sump Pump

Schools

  • Elementary School: Atlanta
  • Middle School: Olympia
  • High School: Olympia
  • Elementary School: Atlanta

Lot Info

  • Estimated Lot Size: 120 x 120
  • Estimated Number of Acres: 0.33
  • Lot Description: Corner
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2596.42
  • Parcel Id Number Tax Id: 05-577-007-00
  • Tax Year: 2019

MLS Schools

  • High School School District: Olympia
  • Middle School: Olympia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 29, 2020
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Sloan Terry M and Sloan Martha J
Seller's Agent
Sandra Alexander
Coldwell Banker Cornerstone
Buyer's Agent
Seth Goodman
ME Realty
List Price
$98,000
Sold Price
$93,100
Premium/Discount to List
-$4,900
-5%
Current Estimated Value
$162,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,573
Avg. Annual Appreciation
11.37%
Original Mortgage
$88,445
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2020
Sold by
Logan County Sheriff
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Nov 18, 2011
Sold by
Billington Merlin G and Billington Delores A
Bought by
Billington Merlin G and Billington Delores A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
2.74%
Mortgage Type
Stand Alone First
Source: Public Records

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
Sloan Terry M $93,500 Chicago Title Insurance
Wilmington Savings Fund Society Fsb -- None Available
Billington Merlin G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloan Terry M $109,800
Closed Sloan Terry M $88,445
Previous Owner Billington Merlin G $169,500
Previous Owner Billington Merlin G $169,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $93,100 -5.0% $57 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $98,000 -- $60 / 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
2024 $753 $50,140 $6,720 $43,420
2023 $3,035 $45,580 $6,110 $39,470
2022 $3,035 $42,600 $5,710 $36,890
2021 $2,950 $41,490 $5,560 $35,930
2020 $3,480 $41,490 $5,560 $35,930
2019 $2,596 $42,090 $5,640 $36,450
2018 $2,114 $42,090 $5,640 $36,450
2017 $2,131 $40,470 $5,420 $35,050
2016 $2,144 $40,670 $5,450 $35,220
2015 $2,111 $38,740 $5,220 $33,520
2014 $2,111 $38,740 $5,220 $33,520
2013 $2,111 $36,540 $4,920 $31,620
2012 $2,111 $36,420 $4,900 $31,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA20200509

RMLS Alliance

APN: 05-577-007-00