NOT LISTED FOR SALE

416 S Railroad St Lovington, IL 61937

Estimated Value: $54,000 - $74,000

2 Beds
1 Bath
1,042 Sq Ft
$63/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $48,000 $46 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $439/month

50 Days on Market

Highlights

  • Patio
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2023

Cute little bungalow in a small town is perfect for a Starter Home or Investment Property. Huge backyard provides ample opportunity to add onto the home, build a garage, install a pool, plant a nice garden...the possibilities are endless! Two nice size bedrooms, eat-in kitchen and an enclosed front porch and enclosed utility room off the kitchen. Full, unfinished basement offers plenty of extra storage. All appliances stay - including washer & dryer! Call today to check this home out!

Last Agent to Sell the Property

Kristy Frost

Main Place Real Estate License #475200529 Listed on: 06/27/2023

Last Buyer's Agent

Kristy Frost

Main Place Real Estate License #475200529 Listed on: 06/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $983

Year Built

  • Built in 1918

Lot Details

  • 10,350

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,042 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • 10,350 Sq Ft Lot

Community Details

  • N Hostetlers Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-27-430-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$983

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1042.0
  • Lot Size Acres: 0.24
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: None
  • Building Stories: 1
  • Subdivision Name: N Hostetlers Add
  • Year Built: 1918
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Main Level Master
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Aluminum Siding
  • Roof: Asphalt, Shingle
  • Waterfront: No
  • Foundation Details: Basement
  • Patio And Porch Features: Patio

Utilities

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

Schools

  • Junior High Dist: Lovington Dist. 303

Lot Info

  • Lot Size Sq Ft: 10350.0
  • Parcel #: 02-02-27-430-002
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 983.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Sep 28, 2023
Sold by
Lambright Joseph V
Bought by
Herschberger Matthew J and Herschberger Monica Sue
Seller's Agent
Kristy Frost
Main Place Real Estate
Buyer's Agent
Kristy Frost
Glenda Williamson Realty
List Price
$58,000
Sold Price
$48,000
Premium/Discount to List
-$10,000
-17.24%
Views
4
Current Estimated Value
$65,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,712
Avg. Annual Appreciation
21.20%
Original Mortgage
$38,400
Outstanding Balance
$37,298
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$33,351

Purchase Details

Closed on
Oct 19, 2021
Sold by
Lambdin Shirley A
Bought by
Lambright Joseph L

Purchase Details

Closed on
Apr 1, 2019
Sold by
Lambdin Clyde R and Lambdin Harvey Byron
Bought by
Lambdin Clyde R and Lambdin Shirley A
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
Herschberger Matthew J $48,000 None Listed On Document
Lambright Joseph L $28,000 Allied Capital Title
Lambdin Clyde R $23,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herschberger Matthew J $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $48,000 -17.2% $46 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $58,000 0.0% $56 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $58,000 -- $56 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $1,096 $15,053 $2,173 $12,880
2023 $1,059 $14,133 $2,040 $12,093
2022 $983 $13,427 $2,657 $10,770
2021 $1,110 $13,965 $2,526 $11,439
2020 $1,097 $13,410 $2,426 $10,984
2019 $1,074 $13,174 $2,383 $10,791
2018 $1,165 $14,405 $1,696 $12,709
2017 $1,165 $14,349 $1,689 $12,660
2016 $1,192 $14,381 $1,693 $12,688
2015 $1,177 $14,100 $1,660 $12,440
2014 -- $13,830 $1,680 $12,150
2013 -- $13,830 $1,680 $12,150
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kristy Frost

    Main Place Real Estate

    (217) 671-7530

    162 Total Sales

    Kristy Frost
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6227951

APN: 02-02-27-430-002

Illinois Moultrie County Lovington 61937

416 S Railroad St, Lovington, IL

This home is located at 416 S Railroad St, Lovington, IL 61937 since 27 June 2023 and is currently estimated at $65,712, approximately $63 per square foot. This property was built in 1918. 416 S Railroad St is a home located in Moultrie County with nearby schools including Lovington Grade School and Arthur Lovington Atwood Hammond High School.

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