NOT LISTED FOR SALE

502 E Marshall St Tolono, IL 61880

Estimated Value: $254,000 - $281,000

3 Beds
3 Baths
2,240 Sq Ft
$118/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $185,000 $83 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,777/month

1 Day on Market

Highlights

  • Sun or Florida Room
  • Attached Garage
  • Kitchen Island
  • Corner Lot
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Tons of space in this three-bedroom ranch situated on a corner lot with a fenced-in backyard. The large living room boasts a vaulted ceiling, floor to ceiling brick front fireplace and access to the back patio. An abundance of cabinets in the kitchen plus a pantry and island. The formal dining room is the perfect space to entertain. More living or entertaining space in the family room with a wood stove and a wall of built-ins. The 1.5 detached garage provides great storage space for your lawn care needs. Relax from your day in the sunroom overlooking the backyard. HVAC 10 years old

Last Agent to Sell the Property

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 08/06/2020

Last Buyer's Agent

Carrie Johnston

Taylor Realty Associates License #475169758

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,115

Year Built

  • 1967

Lot Details

  • 0.26

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Additional Features

  • Patio
  • Corner Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,115

Year Built

1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2240
  • Type Detached: 1 Story
  • Estimated Year Built: 1967
  • Tax Exemptions: Homeowner, Senior
  • Total Sq Ft: 2240
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 21X17, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 18X9, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 18X12, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Island
  • Additional Rooms: Sun/Florida Room
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Sunroom, Dimensions: 15X11, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 2240
  • Estimated Total Finished Sq Ft: 2240
  • Main Level Sq Ft: 2240
  • Dining Room Type: Separate
  • Family Room: Dimensions: 24X15, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Patio
  • Acreage: 0.26

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 7
  • Elementary School: Unity West Elementary School
  • Middle School: Unity Junior High School
  • High School: Unity High School
  • Junior High Dist: 7

Lot Info

  • Lot Dimensions: 80X142
  • Lot Description: Corner
  • Parcel Identification Number: 292625361003

Tax Info

  • Taxes: 3520.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Oct 2, 2020
Sold by
Mccormick Cecil A and Mccormick Mary F
Bought by
Drake Joshua and Drake Mary Ashley
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Carrie Johnston
Taylor Realty Associates
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$265,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,191
Avg. Annual Appreciation
6.70%
Original Mortgage
$148,000
Outstanding Balance
$132,232
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$122,634
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
Drake Joshua $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Joshua $148,000
Previous Owner Mccormick Cecil A $50,000
Previous Owner Mccormick Cecil A $15,200
Previous Owner Mccormick Cecil $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $185,000 0.0% $83 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $185,000 -- $83 / 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 $4,115 $75,780 $8,060 $67,720
2023 $4,115 $70,360 $7,480 $62,880
2022 $3,882 $65,390 $6,950 $58,440
2021 $3,690 $62,040 $6,590 $55,450
2020 $3,642 $60,640 $6,440 $54,200
2019 $3,525 $59,800 $6,350 $53,450
2018 $3,484 $59,800 $6,350 $53,450
2017 $3,477 $57,230 $6,080 $51,150
2016 $3,350 $54,710 $5,810 $48,900
2015 $3,422 $52,750 $5,600 $47,150
2014 $3,492 $55,550 $5,690 $49,860
2013 $3,794 $55,550 $5,690 $49,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10804606

Midwest Real Estate Data (MRED)

APN: 29-26-25-361-003