NOT LISTED FOR SALE

501 N Main St Unit 1 Loami, IL 62661

Estimated Value: $200,000 - $243,000

3 Beds
2 Baths
1,907 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $199,900 $105 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,315/month

6 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • New Berlin Jr High School Rated 9+
  • Corner Lot
  • Fenced Yard

About This Home

As of August 2023

Fabulous country feels home nestled minutes away from all city amenities! Once inside you’ll find a large open living space looking over 3 bedrooms. The primary bedroom opens onto an attached generous private bath with a walk-in shower. Enjoy your morning coffee and soak up the sun in the new four-season sunroom! Attached is a brand-new custom kitchen with top-of-the-line Kraft Maid Alder slow close cabinetry! Huge laundry room with built in extra storage space and folding area. The custom second bath features a beautiful vessel sink, mosaic tile, and soaking tub/rain fall shower. Outside you’ll find an attached deck looking onto the completely fenced back yard – perfect for the kiddos or pets! The 3-car detached garage features an abundance of space for all those extra toys! It’s also completely insulated, and duct work ran for a furnace and those late-night gatherings. IF that wasn’t enough this home sits on a quiet double corner lot! Feel the peace of mind with the brand-new roof and luxury vinyl siding replaced in 2021 as well as a whole home generator and A/C system! Schedule a showing today to tour 501 N Main, Loami with the agent of your choice! This one won't last long!

Last Agent to Sell the Property

Bradley Libbra

RE/MAX Professionals Brokerage Phone: 217-313-3138 License #475207642 Listed on: 06/20/2023

RE/MAX Professionals

Last Buyer's Agent

Jerry George

The Real Estate Group, Inc. License #475159363

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,494

Year Built

  • Built in 1950

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 198 x 58
  • Fenced Yard
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,907 Sq Ft Home
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Deck

Schools

  • New Berlin District #16 High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 27-11.0-176-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,494

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 104.82
  • Age55PlusDevelopment: No
  • Attribution Contact: Pref: 217-313-3138
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Cable Available, Garden Tub, High Speed Internet
  • Living Area: 1907
  • KitchenDining: Breakfast Bar,Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Extra Lot
  • Construction Type: Composition, Stone, Vinyl Siding
  • Exterior Features: Deck, Fenced Yard
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 3
  • Parking Features: Detached, Guest Parking, Heated, On Street, Oversized

Utilities

  • Heating: Forced Air, Central Air
  • Water Source: Public Sewer

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: New Berlin District #16

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size: 198 x 58
  • Parcel #: 27-11.0-176-029

Green Features

  • Efficiency: High Efficiency Air Cond

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1493.54
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 8, 2023
Sold by
Cohen Billy and Cohen Erin
Bought by
Allen Jarred and Allen Laken
Seller's Agent
Bradley Libbra
RE/MAX Professionals
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$207,500
Sold Price
$199,900
Premium/Discount to List
-$7,600
-3.66%
Views
24
Current Estimated Value
$219,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,765
Avg. Annual Appreciation
4.36%
Original Mortgage
$184,900
Outstanding Balance
$180,640
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$39,025
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
Allen Jarred $200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Jarred $184,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $199,900 -3.7% $105 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $207,500 +224.7% $109 / Sq Ft
10/26/2015 10/26/15 Sold $63,900 -28.2% $44 / Sq Ft View Prior Sale
08/25/2015 08/25/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $89,000 -- $61 / 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 $1,843 $48,680 $4,677 $44,003
2023 $1,661 $28,573 $4,317 $24,256
2022 $1,494 $25,603 $3,868 $21,735
2021 $1,423 $24,540 $3,707 $20,833
2020 $1,078 $19,698 $3,590 $16,108
2019 $1,039 $19,362 $3,529 $15,833
2018 $996 $18,780 $3,423 $15,357
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bradley Libbra

    RE/MAX Professionals

    43 Total Sales

    Bradley Libbra
    Section Image
  • Jerry George

    Buyer's Agent in 2023

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    872 Total Sales

    Jerry George
    Section Image
  • Ronald Duff

    Seller's Agent in 2015

    Ronald Duff

    RE/MAX Professionals

    (217) 652-6025

    131 Total Sales

    Ronald Duff
    Section Image
  • Kyle Killebrew

    Buyer's Agent in 2015

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8146

    2,021 Total Sales

    Kyle Killebrew
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1022951

RMLS Alliance

APN: 27-11.0-176-029

Illinois Sangamon County Loami 62661

501 N Main St Unit 1, Loami, IL

This home is located at 501 N Main St Unit 1, Loami, IL 62661 since 20 June 2023 and is currently estimated at $219,665, approximately $115 per square foot. This property was built in 1950. 501 N Main St Unit 1 is a home located in Sangamon County with nearby schools including New Berlin Elementary School and New Berlin Jr High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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