$30,000
SOLD FEB 12, 2025

471 E Prospect St Farmington, IL 61531

2 Beds
1 Bath
920 Sq Ft
0.27 Acres

Recently Sold

$33 Per Sq Ft

50% Below List Price

38 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • 1 Car Attached Garage
  • No HOA
  • Porch
  • Eat-In Kitchen

About This Home

As of February 2025

Take a look at this amazing home ready for its next owner 2 bedroom 1 bath ranch style home on a crawl space, fenced in back yard with multipurpose shed. 1 car attached garage, close to highway, fast food, and gas station. Needing tlc to make it ready for you schedule your private showing today!

Last Agent to Sell the Property

Adam Medina

Keller Williams Premier Realty Brokerage Phone: 309-453-2809 License #475183053 Listed on: 12/07/2024

Keller Williams Premier Realty

Last Buyer's Agent

Sherri Delost

Jim Maloof Realty, Inc. License #475131938

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Fenced Yard
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 920 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Schools

  • Farmington High School

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Richard Wake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-04-01-318-014

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: Ranch
  • New Construction: No
  • Attribution Contact: Cell: 309-453-2809
  • Special Features: None

Interior Features

  • Appliances: Disposal, Dryer, Hood/Fan, Range/Oven, Refrigerator, Washer
  • Basement: Crawl Space, None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Cable Available, Ceiling Fan(s), Garage Door Opener(s), High Speed Internet
  • Living Area: 920
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Fenced Yard, Porch, Shed(s)
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Heating: Gas, Baseboard, Radiant, Gas Water Heater, Wall Unit(s)
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Farmington

Lot Info

  • Lot Size: .27 acre
  • Parcel #: 05-04-01-318-014

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1727
  • TaxExemptions: Homestead/Owner Occupied,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2024
Closed on
Feb 11, 2025
Sold by
Reed Barbara J
Bought by
Elliott Brian D
Seller's Agent
Adam Medina
Keller Williams Premier Realty
Buyer's Agent
Sherri Delost
Jim Maloof Realty, Inc.
List Price
$59,900
Sold Price
$30,000
Premium/Discount to List
-$29,900
-49.92%
Views
122
Current Estimated Value
$68,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,004
Avg. Annual Appreciation
158.98%
Original Mortgage
$25,050
Outstanding Balance
$22,172
Interest Rate
0.69%
Mortgage Type
Construction
Estimated Equity
$45,832
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 $30,000 Terrill Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,050 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2025 02/12/25 Sold $30,000 -24.8% $33 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/07/2025 01/07/25 Price Changed $39,900 -20.0% $43 / Sq Ft
12/15/2024 12/15/24 Price Changed $49,900 -16.7% $54 / Sq Ft
12/07/2024 12/07/24 For Sale $59,900 -- $65 / 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 $1,081 $29,010 $3,610 $25,400
2023 $1,081 $27,760 $3,450 $24,310
2022 $1,133 $27,760 $3,450 $24,310
2021 $1,133 $24,600 $3,450 $21,150
2020 $1,156 $23,790 $3,340 $20,450
2019 $1,199 $24,170 $3,390 $20,780
2018 $1,201 $23,710 $3,330 $20,380
2017 $2,495 $23,710 $3,330 $20,380
2016 $1,213 $22,900 $3,220 $19,680
2015 $1,221 $22,900 $3,220 $19,680
2013 -- $22,320 $3,140 $19,180
2012 -- $21,770 $3,060 $18,710
Source: Public Records

Agents Affiliated with this Home

  • Adam Medina

    Seller's Agent in 2025

    Adam Medina

    Keller Williams Premier Realty

    (309) 453-2809

    116 Total Sales

    Adam Medina
    Section Image
  • Sherri Delost

    Buyer's Agent in 2025

    Sherri Delost

    Jim Maloof Realty, Inc.

    (309) 338-6683

    155 Total Sales

    Sherri Delost
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1254945

RMLS Alliance

APN: 05-04-013-180-14

Illinois Fulton County Farmington 61531

471 E Prospect St, Farmington, IL

Sold

Detached

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