NOT LISTED FOR SALE

502 E Water St Litchfield, IL 62056

Litchfield Area

Estimated Value: $70,000 - $111,000

2 Beds
1 Bath
1,412 Sq Ft
$64/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2015

Last sale price $51,500 $36 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $604 / mo

86 Days on Market

Highlights

  • Fenced
  • Litchfield Senior High School Rated 9+
  • Senior Freeze Tax Exemptions

About This Home

As of July 2015

Great older home with many possibilities for your family. Enclosed porch, Living room, Dining room, Kitchen, utility/mudroom, 2 bedroom, 1 flex space, 1 bath home with over 1400 sq ft. finished. Hardwoods believed to be under ALL carpeting, ALL NEWER double pane Anderson windows, NEW water heater in 2014, NEW ceiling fans, ALL APPLIANCES REMAIN WITH THE HOME, LARGE LOT with fenced area for pets and/or children to play safely, concrete pad with basketball hoop, 2 car tandem garage, a 1 year Home Warranty is being provided for the buyer by the seller.

Last Agent to Sell the Property

Katrina Williams

MCR Realty Professionals, Inc License #475.146142 Listed on: 03/16/2015

Last Buyer's Agent

Maria Eliers

MCR Realty Professionals, Inc License #475125871

Home Details

Home Type

  • Single Family

Year Built

  • 1927

Lot Details

  • Lot Dimensions are 77x197
  • Fenced

Parking

  • 1 Car Garage

Interior Spaces

  • 2 Main Level Bedrooms
  • 1,412 Sq Ft Home
  • Laundry on main level

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1927

Lot Details

0.35 Acres

Parking

1

Listing Details

  • Special Areas: Main Floor Laundry
  • Special Description: Homestead Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1927

Interior Features

  • Appliances: Downdraft/Cooktop, Dryer, Range, Refrigerator, Washer
  • Basement: Crawl Space, Partial
  • Main Level Bedrooms: 2
  • Misc Features: Fencing
  • Total Living Area: 1412.00

Exterior Features

  • Roof: Asphalt Shingle
  • Exterior Features: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Heating: Hot Water/Steam
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Dimensions: 77x197

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
Mar 16, 2015
Closed on
Jul 10, 2015
Sold by
Bought by
Seller's Agent
Katrina Williams
MCR Realty Professionals, Inc
Buyer's Agent
Maria Eliers
MCR Realty Professionals, Inc
List Price
$59,900
Sold Price
$51,500
Premium/Discount to List
-$8,400
-14.02%
Current Estimated Value
$90,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,310
Avg. Annual Appreciation
5.26%
Original Mortgage
$50,566
Outstanding Balance
$39,328
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$51,482
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
$51,500 Community Title
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 $50,566
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
07/10/2015 07/10/15 Sold $51,500 -14.0% $36 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $59,900 -- $42 / Sq Ft
Source: MARIS MLS

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 $1,259 $22,310 $1,320 $20,990
2024 $1,148 $20,860 $1,230 $19,630
2023 $1,046 $19,450 $1,150 $18,300
2022 $940 $18,100 $1,070 $17,030
2021 $827 $16,700 $990 $15,710
2020 $759 $16,020 $950 $15,070
2019 $750 $15,690 $930 $14,760
2018 $890 $16,930 $1,000 $15,930
2017 $855 $16,470 $970 $15,500
2016 $842 $16,270 $960 $15,310
2015 $338 $16,270 $960 $15,310
2013 $333 $16,180 $960 $15,220
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Katrina Williams

    MCR Realty Professionals, Inc

    Section Image
  • Maria Eliers

    Buyer's Agent in 2015

    Maria Eliers

    MCR Realty Professionals, Inc

    (217) 259-2218

    131 Total Sales

    Maria Eliers
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS4403369

MARIS MLS

APN: 15-04-401-018

Illinois Montgomery County Litchfield 62056

502 E Water St, Litchfield, 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.

MARIS MLS 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 MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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