NOT LISTED FOR SALE

501 N Wood St Gibson City, IL 60936

Estimated Value: $117,000 - $149,000

3 Beds
1 Bath
908 Sq Ft
$149/Sq Ft Est. Value

About This Home

This home is located at 501 N Wood St, Gibson City, IL 60936 and is currently estimated at $135,460, approximately $149 per square foot. 501 N Wood St is a home located in Ford County with nearby schools including GCMS Elementary School, GCMS Middle School, and GCMS High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2022
Sold by
Sandsmark Michael A and Sandsmark Kelsey S
Bought by
Michael A Sandsmark Revocable Living Trust and Kelsey S Sandsmark Revocable Living Trust
Current Estimated Value
$135,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Outstanding Balance
$90,712
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$46,767

Purchase Details

Closed on
Mar 21, 2022
Sold by
Sandsmark Michael A and Sandsmark Kelsey S
Bought by
Michael A Sandsmark Revocable Living Trust and Kelsey S Sandsmark Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Outstanding Balance
$90,712
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$46,767

Purchase Details

Closed on
Mar 25, 2016
Sold by
Kollross Chadwick J
Bought by
Royal Ty Robert and Royal Kara Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2010
Sold by
Farmer Michael and Farmer Kaci
Bought by
Kollross Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.3%

Purchase Details

Closed on
Feb 20, 2007
Sold by
Burns Fern
Bought by
Farmer Michael and Farmer Kaci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,795
Interest Rate
6.28%

Purchase Details

Closed on
Jan 17, 2007
Sold by
Karr Ronald F and Karr Leanne
Bought by
Burns Fern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,795
Interest Rate
6.28%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Michael A Sandsmark Revocable Living Trust -- None Listed On Document
Sandsmark Michael A -- None Listed On Document
Michael A Sandsmark Revocable Living Trust -- None Listed On Document
Sandsmark Michael A $118,000 None Listed On Document
Michael A Sandsmark Revocable Living Trust -- None Listed On Document
Royal Ty Robert $85,000 --
Kollross Dennis $84,000 --
Farmer Michael $82,500 --
Burns Fern -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandsmark Michael A $95,200
Previous Owner Michael A Sandsmark Revocable Living Trust $95,200
Previous Owner Royal Ty Robert $50,000
Previous Owner Kollross Dennis $35,000
Previous Owner Farmer Michael $82,795
Source: Public Records

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 $2,882 $39,140 $4,400 $34,740
2023 $2,882 $34,760 $3,910 $30,850
2022 $2,150 $32,480 $3,650 $28,830
2021 $2,367 $31,230 $3,510 $27,720
2020 $2,690 $29,740 $3,340 $26,400
2019 $2,617 $28,320 $3,180 $25,140
2018 $2,573 $28,320 $3,180 $25,140
2017 $2,596 $28,150 $3,160 $24,990
2016 $2,585 $27,500 $3,090 $24,410
2015 $1,518 $27,500 $3,090 $24,410
2014 $1,518 $27,500 $3,090 $24,410
2013 $20 $27,500 $3,090 $24,410
Source: Public Records

Map

Illinois Ford County Gibson City 60936

501 N Wood St, Gibson City, IL

This home is located at 501 N Wood St, Gibson City, IL 60936 and is currently estimated at $135,460, approximately $149 per square foot. 501 N Wood St is a home located in Ford County with nearby schools including GCMS Elementary School, GCMS Middle School, and GCMS High School.

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