NOT LISTED FOR SALE

501 NE 5th St Atlanta, IL 61723

Estimated Value: $151,000 - $169,000

3 Beds
2 Baths
1,344 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $146,000 $109 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,066/month

65 Days on Market

Highlights

  • Second Garage
  • Whirlpool Bathtub
  • Community Pool
  • Deck
  • Corner Lot
  • Home Office

About This Home

As of March 2024

Very Nice 3 Bedroom Bungalow on Large Corner Lot, with 2 Full Baths. Above ground pool with extra tall privacy fence. 3 garages with ample space.

Last Agent to Sell the Property

Jared Litwiller

Freedom Realty License #475155972 Listed on: 12/14/2023

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 182 x 192
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Second Garage
  • Multiple Garages
  • Gravel Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Formal Dining Room
  • Home Office
  • Unfinished Attic

Kitchen

  • Range
  • Microwave

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Shed

Schools

  • Olympia Elementary School
  • Olympia Jr High Middle School
  • Olympia High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Power Generator
  • Gas Water Heater

Community Details

  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Not Applicable
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s), Some Carpeting, Some Window Treatment, Drapes/Blinds, Separate Dining Room, Replacement Windows
  • LivingArea: 1344
  • Other Equipment: Ceiling Fan(s), Sump Pump, Generator, Water Heater-Gas
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 1344
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1344
  • Basement Sq Ft: 516
  • Total Sq Ft: 1860
  • Unfinished Basement Sq Ft: 516
  • Upper Level Sq Ft: 0
  • Attic: Unfinished
  • Main Level Sq Ft: 1344
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Block
  • List Price: 147900
  • Lot Features: Corner Lot
  • OtherStructures: Second Garage, Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • OpenParkingSpaces: 3
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 6
  • Driveway: Gravel
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Pool, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Olympia Elementary
  • High School: Olympia High School
  • Middle/Junior School: Olympia Jr High School
  • Middle/Junior School District: 16

Lot Info

  • Lot Size Acres: 0.8
  • Lot Dimensions: 182 X 192
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 1948.8
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Mar 22, 2024
Sold by
Ricconi Dan C
Bought by
Mcdonald Ashley
Seller's Agent
Jared Litwiller
Freedom Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$150,000
Sold Price
$146,000
Premium/Discount to List
-$4,000
-2.67%
Views
131
Current Estimated Value
$159,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,752
Avg. Annual Appreciation
6.50%
Original Mortgage
$131,400
Outstanding Balance
$129,420
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$30,332

Purchase Details

Listed on
May 22, 2023
Closed on
Jul 14, 2023
Sold by
Elmer Kevin and Elmer Karri A
Bought by
Ricconi Dan C
Seller's Agent
Wayne White
IN BETWEEN OFFICES
Buyer's Agent
NON MLS
NON-MLS QCAR
List Price
$140,000
Sold Price
$144,000
Premium/Discount to List
$4,000
2.86%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$133,700
Interest Rate
6.5%
Mortgage Type
New Conventional
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
Mcdonald Ashley $146,000 Alliance Land Title
Ricconi Dan C $144,000 Ptax
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Ashley $131,400
Previous Owner Ricconi Daniel C $133,700
Previous Owner Ricconi Daniel C $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $146,000 -1.3% $109 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $147,900 -1.4% $110 / Sq Ft
12/14/2023 12/14/23 For Sale $150,000 +4.2% $112 / Sq Ft
07/14/2023 07/14/23 Sold $144,000 +2.9% $107 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $140,000 -- $104 / 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 $2,337 $34,730 $8,010 $26,720
2023 $2,096 $31,570 $7,280 $24,290
2022 $1,949 $29,500 $6,800 $22,700
2021 $1,889 $28,730 $6,620 $22,110
2020 $1,906 $28,730 $6,620 $22,110
2019 $1,933 $29,150 $6,720 $22,430
2018 $1,939 $29,150 $6,720 $22,430
2017 $1,860 $28,030 $6,460 $21,570
2016 $1,882 $28,160 $6,490 $21,670
2015 $1,545 $26,950 $6,210 $20,740
2014 $1,545 $26,950 $6,210 $20,740
2013 $1,545 $25,420 $5,860 $19,560
2012 $1,545 $25,340 $5,840 $19,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11904541

Midwest Real Estate Data (MRED)

APN: 05-525-002-00