NOT LISTED FOR SALE

501 N 2nd Ave Chenoa, IL 61726

Estimated Value: $85,081 - $139,000

2 Beds
1 Bath
848 Sq Ft
$120/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $61,500 $73 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $667/month

4 Days on Market

About This Home

As of October 2021

This cute 2 bedroom, 1 bath ranch has an eat in kitchen, office/3rd bedroom, a 18x20 brick patio with firepit. 2 car garage and an extra lot! Updated electrical in '02, new siding/windows/gutters in '98, new furnace in '02 & water heater in 2017. Enclosed back porch/utility room has separate gas heater. Large 2 car 20 x 24 garage built '01. Charming home in a charming town, affordable, adorable, who could ask for more! Taxes for both lots are $1329.78. Being sold AS-IS. All inspections are for informational purposes only.

Last Listed By

Stacey Jewett

Keller Williams Revolution License #475136881 Listed on: 09/16/2021

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,387

Year Built

  • 1942

Lot Details

  • 0.36

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 848 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,387

Year Built

1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Traditional
  • Co List Office Mls Id: MRD97105
  • Co List Office Phone: (309) 340-1000
  • Directions: From I 55 go East on Rt. 24. Turn north onto S 2nd Ave. Cross RR tracks, cont' approx 5 blocks.
  • Lot Size: 100X157
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Not Applicable
  • Special Features: None
  • Year Built: 1942

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 848
  • Assessed Sq Ft: 780
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 848
  • Basement Sq Ft: 848
  • Total Sq Ft: 1696
  • Unfinished Basement Sq Ft: 848
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 848
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Bonus Room

Exterior Features

  • Exterior Features: Patio
  • Exterior Building Type: Vinyl Siding
  • Lot Features: Mature Trees
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Chenoa Elementary
  • High School: Prairie Central High School
  • Junior High Dist: 8
  • Middle Or Junior School: Prairie Central Jr High

Lot Info

  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: U
  • Zero Lot Line: No
  • Additional Parcels: Yes

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 1329.78
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 29, 2021
Sold by
Moss Jolene and Moss Michael
Bought by
Nink Mary
Seller's Agent
Stacey Jewett
Keller Williams Revolution
Buyer's Agent
Amy Eppel
Eppel Realty
List Price
$59,900
Sold Price
$61,500
Premium/Discount to List
$1,600
2.67%
Total Days on Market
4
Current Estimated Value
$101,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,270
Avg. Annual Appreciation
13.49%
Original Mortgage
$49,200
Outstanding Balance
$39,842
Interest Rate
2.15%
Mortgage Type
New Conventional
Estimated Equity
$56,164

Purchase Details

Closed on
Sep 10, 2015
Sold by
Moss Michael E and Moss Jolene
Bought by
Moss Jolene

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
Nink Mary $61,500 Alliance Land Tite
Moss Jolene -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nink Mary $49,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $61,500 +2.7% $73 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $59,900 -- $71 / 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
2022 $1,387 $20,388 $5,253 $15,135
2021 $1,322 $19,922 $5,133 $14,789
2020 $1,225 $18,524 $4,773 $13,751
2019 $1,258 $18,524 $4,773 $13,751
2018 $1,329 $18,342 $4,726 $13,616
2017 $1,190 $18,342 $4,726 $13,616
2016 $564 $18,342 $4,726 $13,616
2015 $943 $18,820 $4,849 $13,971
2014 $765 $16,820 $4,849 $11,971
2013 -- $17,004 $4,902 $12,102
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11220922

Midwest Real Estate Data (MRED)

APN: 03-01-154-003