NOT LISTED FOR SALE

422 5th St Lacon, IL 61540

Estimated Value: $68,170 - $101,000

3 Beds
-- Bath
1,700 Sq Ft
$49/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $15,000 $9 Per Sq Ft

Est. 458% increase in value since last sale

Current estimated payment $529/month

6 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Formal Dining Room
  • Porch
  • Level Lot

About This Home

As of September 2023

START FROM SCRATCH AND MAKE THIS A CHARMING HOME. THIS PROPERTY HAS BEEN COMPLETELY GUTTED AND IS UNFINSHED. ROOF NEEDS TO REPLACED SOME NEW WIRING HAS BEEN INSTALLED. THIS PROPERTY IS BEING SOLD AS IS BY AN REO COMPANY.

Last Agent to Sell the Property

Scarlett Palm

Jim Maloof Realty, Inc. Brokerage Phone: 309-361-2095 License #471.010509 Listed on: 08/24/2023

Last Buyer's Agent

Scarlett Palm

Jim Maloof Realty, Inc. Brokerage Phone: 309-361-2095 License #471.010509 Listed on: 08/24/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 55x66
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Alley Access
  • Gravel Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Bedrooms
  • 1,700 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Porch

Schools

  • Midland High School

Utilities

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

Community Details

  • No Home Owners Association
  • Original Town Lacon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-25-359-005

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Architectural Style: One and Half Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: Pref: 309-361-2095
  • Special Features: None

Interior Features

  • Appliances: None
  • Basement: Partial, Unfinished, Walk Out
  • Total Bedrooms: 3
  • Living Area: 1700
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Alley, Other, Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Alley Access, Detached, Gravel

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central Air
  • Water Source: Public Sewer
  • UtilitiesOnYN: No

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Midland

Lot Info

  • Lot Size: 55X66
  • Parcel #: 04-25-359-005
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 996.34
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2012
Closed on
Jan 4, 2013
Sold by
Osborne Shirley E and Osborn Shirley E
Bought by
Boyer Paul M and Boyer Margaret B
Seller's Agent
Dawn Meierkord
Century 21 Lincoln National Realty
Buyer's Agent
Dawn Purple
RE/MAX Traders Unlimited
List Price
$86,000
Sold Price
$71,000
Premium/Discount to List
-$15,000
-17.44%
Current Estimated Value
$83,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,723
Avg. Annual Appreciation
1.28%
Original Mortgage
$53,250
Outstanding Balance
$36,921
Interest Rate
3.31%
Estimated Equity
$46,802
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Boyer Paul M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyer Paul M $53,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $15,000 -16.7% $9 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $18,000 -74.6% $11 / Sq Ft
01/04/2013 01/04/13 Sold $71,000 -17.4% $60 / Sq Ft View Prior Sale
11/13/2012 11/13/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $86,000 -- $72 / 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 $1,102 $13,122 $1,105 $12,017
2023 $1,102 $12,050 $1,015 $11,035
2022 $1,041 $10,906 $919 $9,987
2021 $945 $10,108 $852 $9,256
2020 $940 $9,756 $822 $8,934
2019 $969 $9,636 $812 $8,824
2018 $978 $9,636 $812 $8,824
2017 $1,020 $9,833 $829 $9,004
2016 $1,020 $10,047 $847 $9,200
2014 -- $21,634 $843 $20,791
2013 -- $21,253 $828 $20,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1244978

RMLS Alliance

APN: 04-25-359-005