NOT LISTED FOR SALE

426 S Polk St Sullivan, IL 61951

Estimated Value: $124,000 - $173,000

3 Beds
1 Bath
1,432 Sq Ft
$97/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $35,000 $24 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $960/month

8 Days on Market

Highlights

  • Deck
  • Bungalow
  • Forced Air Heating and Cooling System
  • Front Porch
  • Shed
  • 1-Story Property

About This Home

As of June 2020

Sullivan: short drive to Lake Shelbyville Marina and all the lake activities. This would be a great second home for lake goers or those wanting to enjoy living in Sullivan. It's a great town with a lot to offer. The Moultrie County seat with it's own "Little Theater on the Square." Nice amenities for a small town and now you can be a part of it all when you buy this 3 bedroom home with contemporary décor, small grill deck off the kitchen, dining room, and many updates. Garage has been converted to the ultimate man cave but could be converted back. Large, very large yard. Case # 132-292205 HUD owned property. Selling AS IS. See www.HUDHomestore.com for bidding timelines and special addenda. www.chronossolutions.com

Last Agent to Sell the Property

Renee Sommer

County Line Realty License #471004125 Listed on: 04/12/2020

Last Buyer's Agent

Bill Mundy

The Real Estate Shoppe - Sullivan License #471002636

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1910

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x180
  • Dirt Road

Home Design

  • Bungalow
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,432 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Dishwasher
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08-08-01-318-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1432.0
  • Directions: W. Jackson St. to S. Polk St., between E. Water St. and Wagoner St.
  • Lot Size Acres: 0.41
  • Lot Size: 100x180
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Dirt
  • Building Stories: 1
  • Year Built: 1910
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Main Level Master
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Shed
  • Roof: Asphalt, Shingle
  • Waterfront: No
  • Foundation Details: Crawlspace
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Front Porch

Utilities

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

Schools

  • Junior High Dist: Sullivan Dist. 300

Lot Info

  • Lot Size Sq Ft: 18000.0
  • Parcel #: 08-08-01-318-002
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1502.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2020
Closed on
May 29, 2020
Sold by
Hud
Bought by
Linville Bill
Seller's Agent
Renee Sommer
County Line Realty
Buyer's Agent
Bill Mundy
The Real Estate Shoppe - Sullivan
List Price
$36,500
Sold Price
$35,000
Premium/Discount to List
-$1,500
-4.11%
Current Estimated Value
$139,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,098
Avg. Annual Appreciation
28.74%
Original Mortgage
$100,000
Outstanding Balance
$92,149
Interest Rate
5.25%
Mortgage Type
Commercial
Estimated Equity
$40,378

Purchase Details

Closed on
Feb 18, 2020
Sold by
Lakeview Loan Servicing Llc
Bought by
Hud

Purchase Details

Closed on
Dec 27, 2019
Sold by
Moultrie County Sheriff
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Oct 28, 2013
Sold by
Snyder Joseph A and Snyder Mary K
Bought by
Pratt Justin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,768
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2008
Sold by
Linville Bill
Bought by
Snyder Joseph A and Snyder Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,075
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2008
Sold by
Wells Fargo Bank Na
Bought by
Linville Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,200
Interest Rate
5.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 14, 2007
Sold by
Reed Eva M
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,200
Interest Rate
5.9%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Linville Bill -- None Available
Hud -- None Available
Lakeview Loan Servicing Llc -- Premier Title
Pratt Justin L $68,000 None Available
Snyder Joseph A $68,500 None Available
Linville Bill $85,500 None Available
Wells Fargo Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linville Bill $100,000
Previous Owner Pratt Justin L $66,768
Previous Owner Snyder Joseph A $65,075
Previous Owner Linville Bill $28,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Sold $35,000 -4.1% $24 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
04/12/2020 04/12/20 For Sale $36,500 -- $25 / 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 $2,494 $35,933 $5,214 $30,719
2023 $2,285 $33,736 $4,895 $28,841
2022 $1,940 $30,129 $6,710 $23,419
2021 $1,861 $28,646 $6,380 $22,266
2020 $2,336 $24,707 $6,126 $18,581
2019 $1,708 $24,272 $6,018 $18,254
2018 $1,502 $22,015 $3,432 $18,583
2017 $1,508 $21,930 $3,419 $18,511
2016 $1,582 $21,979 $3,427 $18,552
2015 $1,544 $21,550 $3,360 $18,190
2014 -- $20,770 $3,440 $17,330
2013 -- $20,770 $3,440 $17,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6201202

APN: 08-08-01-318-002