NOT LISTED FOR SALE

498 N Central St El Paso, IL 61738

Estimated Value: $57,942 - $141,000

3 Beds
1 Bath
1,160 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $20,000 $17 Per Sq Ft

Est. 452% increase in value since last sale

Current estimated payment $680/month

25 Days on Market

Highlights

  • Property is near a park
  • Den
  • Porch
  • Corner Lot
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of September 2021

Fantastic Opportunity for Investor or owner with updating skills. Basic 1.5 Story Home on Corner Lot in need of TLC. Three Bedrooms, 1 bath, detached 2 car garage. One block from Jr. High/High School complex and 4 blocks from Jefferson Park Elementary. Have you Experienced El Paso lately?!

Last Agent to Sell the Property

Jeff Reedy

Keller Williams Revolution License #475145557 Listed on: 07/26/2021

Keller Williams Revolution

Co-Listed By

Penny Reedy

Keller Williams Revolution License #475165384

Last Buyer's Agent

Jeff Reedy

Keller Williams Revolution License #475145557 Listed on: 07/26/2021

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80x110
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Parking Space is Owned

Home Design

  • Bungalow
  • Slate

Interior Spaces

  • 1,160 Sq Ft Home
  • 1.5-Story Property
  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near a park

Schools

  • Jefferson Park Elementary School
  • El Paso-Gridley Jr High Middle School
  • El Paso-Gridley High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

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
  • Subdivision Name: Not Applicable
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1160
  • Room Type: Den
  • Estimated Total Finished Sq Ft: 1161
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1161
  • Basement Sq Ft: 703
  • Total Sq Ft: 1864
  • Unfinished Basement Sq Ft: 703
  • Upper Level Sq Ft: 458
  • Main Level Sq Ft: 703
  • Bedroom 2 Flooring: Carpet
  • Kitchen Flooring: Vinyl
  • Living Room Flooring: Carpet
  • MRD_MBB: None
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 11X12
  • Bedroom 3 Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 25000
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Slate

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Jefferson Park Elementary
  • High School: El Paso-Gridley High School
  • Middle/Junior School: El Paso-Gridley Jr High School
  • Middle/Junior School District: 11

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 80X110
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 1195.66
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Bgr Equity Llc
Bought by
Hickok Jackson D and Hickok Mary Jean
Current Estimated Value
$110,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$251,646
Interest Rate
8%
Mortgage Type
Construction
Estimated Equity
-$134,176

Purchase Details

Closed on
Feb 24, 2025
Sold by
Lance Ronald G
Bought by
Bgr Equity Llc

Purchase Details

Closed on
Mar 8, 2024
Sold by
Lance Ronald G and Tarry Lance
Bought by
Lance Ronald G

Purchase Details

Closed on
Feb 8, 2023
Sold by
Lance Ronald G and Lance Tarry L
Bought by
Regal Properties Of Il Llc

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 16, 2021
Sold by
Edwards Cynthia L
Bought by
Lance Ronald G and Lance Tarry
Seller's Agent
Jeff Reedy
Keller Williams Revolution
Buyer's Agent
Jeff Reedy
Keller Williams Revolution
List Price
$44,900
Sold Price
$20,000
Premium/Discount to List
-$24,900
-55.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.85%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Hickok Jackson D $35,000 Woodford County Title
Bgr Equity Llc $15,000 Woodford County Title
Lance Ronald G -- None Listed On Document
Regal Properties Of Il Llc -- --
Lance Ronald G -- Woodford County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickok Jackson D $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $20,000 -55.5% $17 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $44,900 -- $39 / 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 $996 $12,438 $6,233 $6,205
2023 $942 $11,444 $5,668 $5,776
2022 $898 $10,590 $5,245 $5,345
2021 $1,236 $20,412 $4,953 $15,459
2020 $1,196 $19,865 $4,820 $15,045
2019 $1,159 $19,865 $4,820 $15,045
2018 $1,176 $19,688 $4,777 $14,911
2017 $1,165 $19,493 $4,730 $14,763
2016 $1,156 $19,300 $4,683 $14,617
2015 $1,132 $18,752 $4,550 $14,202
2014 $1,132 $18,670 $4,530 $14,140
2013 $1,132 $18,496 $4,488 $14,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11168843

Midwest Real Estate Data (MRED)

APN: 16-05-306-020