NOT LISTED FOR SALE

502 Johnson St Cornell, IL 61319

Estimated Value: $60,000 - $171,000

5 Beds
2 Baths
2,764 Sq Ft
$45/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $37,000 $13 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $761/month

100 Days on Market

Highlights

  • Mature Trees
  • Main Floor Bedroom
  • Home Office
  • Traditional Architecture
  • Corner Lot
  • Formal Dining Room

About This Home

As of July 2024

Massive 2-Story on a .33 Acre, Corner Lot in Cornell Offers 5 BR's, 2 BA, Large Entry Foyer, Living Room, Spacious Dining Room, Kitchen, & Main Floor Laundry. Per County Records, a 24 X 32 Detached Garage Was Built in 1999. A 24 X 28 Addition Was Then Put on in 2006, For a Total of 1,440 sq. ft. of Garage Space. Per Seller, Main Floor of Home was Occupied by Previous Owner When Purchased in 2019. Main Floor Bath is Shower Only. 2nd Floor Bath is Tub Only. Heat is Electric Baseboard Heat, but Gas Lines Do Exist in the Home. Room Marked as "Office" on 2nd Floor Could be 6th BR or Nursery, But has no Closet. Electric is on in Home, But Water is Not Due to Plumbing Damage on 2nd Floor. Home Needs Extensive Rehab & is Being Sold "As Is." Cash or Conventional Buyers Only.

Last Agent to Sell the Property

David Wayman

R.E. Dynamics License #475121801 Listed on: 03/01/2024

Last Buyer's Agent

David Wayman

R.E. Dynamics License #475121801 Listed on: 03/01/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 1910

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120 x 120
  • Corner Lot
  • Mature Trees

Parking

  • 3 Car Detached Garage
  • 6 Open Parking Spaces
  • Tandem Garage
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,764 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Cornell Elementary School
  • Flanagan-Cornell High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,956

Year Built

Built in 1910

Lot Details

0.33 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Not Applicable
  • Year Built: 1910
  • 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2764
  • Room Type: Bedroom 5, Foyer, Office
  • Estimated Total Finished Sq Ft: 2764
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 4146
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Brick/Mortar
  • Lot Features: Corner Lot, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • OpenParkingSpaces: 6
  • Parking Features: Driveway
  • ParkingTotal: 9
  • Driveway: Gravel
  • Garage Details: Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Cooling: None
  • Heating: Natural Gas, Electric
  • 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: Cornell Elementary School
  • High School: Flanagan-Cornell High School
  • Middle/Junior School: Cornell Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.33
  • Lot Dimensions: 120 X 120
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 1955.82
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2019
Sold by
Klingerman Robert J and Klingerman Debra K
Bought by
Dl Stokes Real Estate Llc
Current Estimated Value
$124,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Dl Stokes Real Estate Llc $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dl Stokes Real Estate Llc $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $37,000 -25.9% $13 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $49,900 -16.7% $18 / Sq Ft
03/01/2024 03/01/24 For Sale $59,900 -- $22 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,465 $18,472 $1,865 $16,607
2023 $2,149 $25,185 $1,695 $23,490
2022 $1,956 $22,512 $1,695 $20,817
2021 $1,901 $21,158 $1,593 $19,565
2020 $1,883 $19,961 $1,503 $18,458
2019 $1,888 $19,474 $1,466 $18,008
2017 $1,645 $21,613 $1,382 $20,231
2016 $1,655 $21,613 $1,382 $20,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11993647

Midwest Real Estate Data (MRED)

APN: 080811384002

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