$55,000
SOLD MAR 18, 2025

425 E 8th St Gibson City, IL 60936

2 Beds
1 Bath
1,200 Sq Ft
4,400 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

14% Below List Price

17 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Dining Room
  • GCMS High School Rated 9+
  • Bungalow
  • Family Room

About This Home

As of March 2025

Super cute bungalow in a great, easy access part of town. Updated with newer Cabinets, Bathroom and carpet. All appliances stay with the home. Oversized Laundry room for Hanging space, Storage or extra room for small office etc. 2 bedrooms. Vinyl Windows. Updates to the Wiring, Plumbing, Kitchen and bath in 2018. Utilize the expansive Deck for outdoor entertaining, BBQ grilling etc. A great home for the money. Cheap living right here!!

Last Agent to Sell the Property

Eric Porter

The Real Estate Group,Inc License #475126463 Listed on: 01/21/2025

The Real Estate Group,Inc

Last Buyer's Agent

Jarrin Rabe

Coldwell Banker Real Estate Group License #475185843

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $333

Year Built

  • Built in 1892

Lot Details

  • Lot Dimensions are 65 x 67.5

Home Design

  • Bungalow

Interior Spaces

  • 1,200 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Gibson City Elementary School
  • GCMS Middle School
  • Gibson City High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$333

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1892
  • 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1200
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1447
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Driveway: Gravel
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Gibson City Elementary School
  • High School: Gibson City High School
  • Middle/Junior School: Gcms Middle School

Lot Info

  • Lot Dimensions: 65 X 67.5
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 333
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Mar 14, 2025
Sold by
Peyton Kayla M
Bought by
Exhalt Investments Llc
Seller's Agent
Eric Porter
The Real Estate Group,Inc
Buyer's Agent
Jarrin Rabe
Coldwell Banker Real Estate Group
List Price
$63,900
Sold Price
$55,000
Premium/Discount to List
-$8,900
-13.93%
Views
85
Current Estimated Value
$68,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,594
Avg. Annual Appreciation
33.22%
Original Mortgage
$46,750
Outstanding Balance
$42,764
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$25,830

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 29, 2022
Sold by
Stiger Joel R and Stiger Melissa A
Bought by
Peyton Kayla M
Seller's Agent
Rick Bowen
Cornerstone Real Estate
Buyer's Agent
Rick Bowen
Cornerstone Real Estate
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$38,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2018
Closed on
Aug 20, 2018
Sold by
Rudin Ben
Bought by
Stiger Joel R and Stiger Melissa A
Seller's Agent
Ryan Minion
Minion Real Estate
Buyer's Agent
Ryan Minion
Minion Real Estate
List Price
$25,000
Sold Price
$14,000
Premium/Discount to List
-$11,000
-44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.91%

Purchase Details

Listed on
May 11, 2015
Closed on
Sep 17, 2015
Sold by
Lavelle Michael S
Bought by
Rudin Ben
Seller's Agent
Brenda Keith
Brenda Keith Realty INC
Buyer's Agent
Brenda Keith
Brenda Keith Realty INC
List Price
$29,900
Sold Price
$15,000
Premium/Discount to List
-$14,900
-49.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.34%

Purchase Details

Closed on
Jun 2, 2015
Sold by
Adkins Shaun
Bought by
Lavelle Michael S and Rhonda Lynn Lavelle
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,000 Chicago Title
Warranty Deed $40,000 Martensen Sorensen
Warranty Deed $14,000 None Available
Deed $15,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $46,750 New Conventional
Previous Owner $38,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2025 03/18/25 Sold $55,000 -6.8% $46 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $59,000 -7.7% $49 / Sq Ft
01/21/2025 01/21/25 For Sale $63,900 +59.8% $53 / Sq Ft
04/29/2022 04/29/22 Sold $40,000 -19.8% $35 / Sq Ft View Prior Sale
03/29/2022 03/29/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $49,900 +256.4% $43 / Sq Ft
08/20/2018 08/20/18 Sold $14,000 -29.6% $15 / Sq Ft View Prior Sale
08/03/2018 08/03/18 Pending -- -- --
05/18/2018 05/18/18 Price Changed $19,900 -20.4% $22 / Sq Ft
02/20/2018 02/20/18 For Sale $25,000 +66.7% $28 / Sq Ft
09/24/2015 09/24/15 Sold $15,000 -49.8% $13 / Sq Ft View Prior Sale
08/26/2015 08/26/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $29,900 -- $25 / 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
2024 $333 $7,810 $3,720 $4,090
2023 $333 $6,930 $3,300 $3,630
2022 $335 $6,470 $3,080 $3,390
2021 $367 $6,220 $2,960 $3,260
2020 $371 $5,920 $2,820 $3,100
2019 $353 $5,640 $2,690 $2,950
2018 $356 $5,150 $2,690 $2,460
2017 $472 $5,120 $2,670 $2,450
2016 $485 $5,000 $2,610 $2,390
2015 $1,362 $5,000 $2,610 $2,390
2014 $1,362 $14,800 $2,610 $12,190
2013 $20 $12,900 $2,610 $10,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12263820

Midwest Real Estate Data (MRED)

APN: 09-11-11-282-006