NOT LISTED FOR SALE

501 W Merchant St Byron, IL 61010

Estimated Value: $117,775 - $140,000

2 Beds
1 Bath
800 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $88,000 $110 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $885/month

1 Day on Market

Highlights

  • Attached Garage
  • Mary Morgan Elementary School Rated A
  • Central Air

About This Home

As of July 2020

COZY 2 BEDROOM RANCH ON A CORNER LOT. RELAX ON A LARGE COVERED PORCH. WALK TO SHOPPING. ATTACHED GARAGE. NEW WATER HEATER. WIRES IN THE GROUND FOR ELECTRIC DOG FENCE. FURNACE WILL BE REPLACED BEFORE CLOSING.

Last Agent to Sell the Property

Theresa Herdzina

Dickerson & Nieman Realtors License #475184375 Listed on: 06/12/2020

Dickerson & Nieman Realtors

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,131

Year Built

  • 1938

Lot Details

  • 6,229

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Vinyl Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,131

Year Built

1938

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1938
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 13X11, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 19X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X9, On Level: Main Level
  • Bedroom 2: Dimensions: 10X9, On Level: Main Level
  • Estimated Sq Ft: 800

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 226
  • Junior High Dist: 226

Lot Info

  • Lot Dimensions: 48X125
  • Parcel Identification Number: 05312800090000

Tax Info

  • Taxes: 1752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 10, 2020
Sold by
Hirschey Garrett W
Bought by
Ruch James J
Seller's Agent
Theresa Herdzina
Dickerson & Nieman Realtors
Buyer's Agent
Non Member
NON MEMBER
List Price
$85,900
Sold Price
$88,000
Premium/Discount to List
$2,100
2.44%
Current Estimated Value
$129,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,194
Avg. Annual Appreciation
7.60%
Original Mortgage
$91,168
Outstanding Balance
$81,876
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$45,874

Purchase Details

Listed on
Sep 12, 2013
Closed on
Sep 5, 2014
Sold by
Kittinger Jordon M and Kittinger Allison B
Bought by
Hirschey Garrett W
Seller's Agent
Jerre Woodworth
DICKERSON & NIEMAN
Buyer's Agent
Todd Henry
Whitetail Properties Real Estate LLC
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Feb 9, 2010
Sold by
Digiovanni Sharon
Bought by
Kittinger Jordon M and Kittinger Allison B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,560
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2010
Sold by
Varilek Theresa Lynn
Bought by
Kittinger Jordon M and Kittinger Allison B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,560
Interest Rate
5.11%
Mortgage Type
New Conventional
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
Ruch James J $88,000 None Available
Hirschey Garrett W $37,500 --
Kittinger Jordon M $12,500 None Available
Kittinger Jordon M $12,500 None Available
Kittinger Jordon M $12,500 None Available
Kittinger Jordon M $12,500 None Available
Kittinger Jordon M $12,500 None Available
Kittinger Jordon M $12,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruch James J $91,168
Previous Owner Kittinger Jordon M $79,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $88,000 +2.4% $110 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $85,900 +14.5% $107 / Sq Ft
09/05/2014 09/05/14 Sold $75,000 -16.6% $94 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
09/12/2013 09/12/13 For Sale $89,900 -- $112 / 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 $2,131 $32,898 $6,137 $26,761
2023 $2,131 $31,275 $5,834 $25,441
2022 $1,973 $29,004 $5,410 $23,594
2021 $1,922 $27,766 $5,179 $22,587
2020 $1,763 $27,221 $5,077 $22,144
2019 $1,753 $26,364 $4,917 $21,447
2018 $1,740 $25,683 $4,790 $20,893
2017 $1,722 $25,683 $4,790 $20,893
2016 $1,610 $25,211 $4,702 $20,509
2015 $1,364 $24,406 $4,552 $19,854
2014 $1,353 $22,548 $4,552 $17,996
2013 $1,412 $22,838 $4,611 $18,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10744752

Midwest Real Estate Data (MRED)

APN: 05-31-280-009