NOT LISTED FOR SALE

502 E Main St Tolono, IL 61880

Estimated Value: $140,000 - $183,000

2 Beds
1 Bath
949 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2021

Last sale price $130,000 $137 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,096 / mo

Highlights

  • Deck
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Corner Lot
  • 1-Story Property

About This Home

As of July 2021

Charming two-bedroom home situated on a large corner lot. Natural light floods the living room boasting hardwood floors. The spacious kitchen offers a pantry, tile floor and a large eating area. The unfinished basement is just awaiting your finishing touches. Relax and enjoy the shaded front deck thanks to the large mature trees. The large fenced-in backyard is perfect for all your fun in the sun with friends and family.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 06/02/2021

Last Buyer's Agent

Laura Heiser

The Real Estate Group,Inc License #471022766

The Real Estate Group,Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,010

Year Built

  • Built in 1953

Lot Details

  • 11,326 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Interior Spaces

  • 949 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Unity West Elementary School
  • Unity Junior High School
  • Unity High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • Larmons And Marshall Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,010

Year Built

Built in 1953

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Larmons and Marshall
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: SW CORNER BLOCK 16 LARMAN & MARSHALL'S ADD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 949
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 949
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1783

Exterior Features

  • ExteriorFeatures: Deck
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: 1 (Window/Wall Unit)
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Unity West Elementary School
  • High School: Unity High School
  • Middle/Junior School: Unity Junior High School

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 11312
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 2010.02
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 29, 2021
Sold by
Bought by
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Laura Heiser
The Real Estate Group,Inc
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$165,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,890
Avg. Annual Appreciation
5.07%
Original Mortgage
$131,313
Outstanding Balance
$117,770
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$48,121

Purchase Details

Closed on
Oct 26, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,034
Interest Rate
5.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$130,000 None Available
$115,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $131,313
Previous Owner $107,034
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $130,000 +0.1% $137 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $129,900 -- $137 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,456 $48,840 $9,070 $39,770
2024 $2,298 $45,180 $8,390 $36,790
2023 $2,298 $41,950 $7,790 $34,160
2022 $2,156 $38,990 $7,240 $31,750
2021 $2,041 $36,990 $6,870 $30,120
2020 $2,010 $36,160 $6,720 $29,440
2019 $2,142 $35,660 $6,630 $29,030
2018 $2,117 $35,660 $6,630 $29,030
2017 $2,114 $34,120 $6,340 $27,780
2016 $2,040 $32,620 $6,060 $26,560
2015 $1,994 $31,450 $5,840 $25,610
2014 $2,034 $31,960 $5,930 $26,030
2013 $1,987 $31,960 $5,930 $26,030
Source: Public Records

Agents Affiliated with this Home

  • Nick Taylor

    Seller's Agent in 2021

    Nick Taylor

    Taylor Realty Associates

    (217) 377-4353

    668 Total Sales

    Nick Taylor
    Section Image
  • Laura Heiser

    Buyer's Agent in 2021

    Laura Heiser

    The Real Estate Group,Inc

    (217) 898-9204

    222 Total Sales

    Laura Heiser
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Jessica Bryson

    RE/MAX

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11108787

Midwest Real Estate Data (MRED)

APN: 29-26-25-305-005

Illinois Champaign County Tolono 61880

502 E Main St, Tolono, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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