NOT LISTED FOR SALE

502 N Oak St O Fallon, IL 62269

Estimated Value: $189,218 - $285,000

3 Beds
1.5 Baths
1,792 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $250,000 $140 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,414/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Covered patio or porch
  • Schaefer Elementary School Rated A-
  • Corner Lot
  • Formal Dining Room

About This Home

As of June 2023

This turn of the century home has been well loved. From the moment you pull up to the home you will be reminded of gentler times when your neighbors joined you on the front porch for lemonade. Invite them over, there is even a swing! You will be awed by the beauty of the original woodwork including stair case, window trim & transoms. Pay attention to the dining room wood flooring! There is a main floor 1/2 bath & a dine in kitchen with updated cabinets, appliances & a vintage hutch that will remain. The upper level includes all BRs, a full bath that has been updated & a sitting room at the top of the stairs. You will love the corner lot with one bedroom facing the morning sun to the east. At the end of the day you can gather on the back porch to watch the flowers grow! There is a full basement with access from the dining room & with an outside access door. There is a workbench located here & the washer & dryer remain. Convenient to Scott AFB. Reviewing any offers Monday at 5PM.

Last Agent to Sell the Property

Angie Zahn

Strano & Associates License #471001726 Listed on: 05/17/2023

Last Buyer's Agent

Karen Sheesley

RE/MAX Preferred License #471001504

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,996

Year Built

  • Built in 1907

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off Alley Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Historic or Period Millwork
  • Ceiling Fan
  • Tilt-In Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Sump Pump
  • Basement Lookout

Outdoor Features

  • Covered patio or porch

Schools

  • Ofallon Dist 90 Elementary And Middle School
  • Ofallon High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Home Protection Policy
  • Assessor Parcel Number 04-30.0-214-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,996

Year Built

Built in 1907

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 2 Story
  • Cross Street: W Madison
  • Special Areas: Entry Foyer, Living Room
  • Special Description: Homestead Senior, Owner Occupied
  • Age: 116
  • Ownership: Private
  • Year Built: 1907
  • Directions: N Lincoln to W Madison to right onto N Oak. Corner of N Oak and W Madison.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Concrete Block, Full, Lookout, Sump Pit/Pump, Unfinished, Walk-Up
  • Dining Room: Kitchen/Dining Combo, Separate Dining
  • Interior Amenities: Historic/Period Mlwk, Some Carpeting, Special Millwork, Some Window Treatmnt, Some Wood Floors
  • Kitchen: Eat-In Kitchen
  • Main Half Bathrooms: 1
  • Misc Features: Home Protection Plcy, Porch-Covered
  • Total Living Area: 1792.00
  • Windows/Doors: Some Tilt-In Windows
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven-Electric, Refrigerator, Washer
  • Bathrooms: 2.00
  • Bedrooms: 3.00
  • Room Cnt: 9
  • Square Footage: 1792
  • Total Full Baths: 1
  • Total Half Baths: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Vinyl Siding

Garage/Parking

  • Garage Size: 12 x 18
  • Garage Spaces: 1
  • Parking: Alley Access, Detached, Garage Door Opener

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Ceiling Fan, Central-Electric
  • Heating: Radiator(s)

Schools

  • School District: O Fallon DIST 90
  • Elementary School: OFALLON DIST 90
  • Middle School: OFALLON DIST 90
  • High School: OFallon
  • Elementary School: OFALLON DIST 90
  • Junior High School: OFALLON DIST 90
  • School District: O Fallon DIST 90
  • Senior High School: OFallon

Lot Info

  • Lot Description: Corner Lot, Level Lot, Sidewalks, Streetlights
  • Lot Dimensions: 100 x 150
  • Lot Number: Lots 29 & 30
  • Lot Sq Ft: 14810
  • Acres: 0.3400

Tax Info

  • Taxes Paid: 2972
  • Taxes Paid Year: 2021
  • Assessor Parcel Number: 04-30.0-214-016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 9, 2023
Sold by
Britt Sandra S
Bought by
Layfield J David J and Layfield Betsy Hart
Seller's Agent
Angie Zahn
Strano & Associates
Buyer's Agent
Karen Sheesley
RE/MAX Preferred
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%
Total Days on Market
21
Views
98
Current Estimated Value
$219,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,695
Avg. Annual Appreciation
-6.40%
Original Mortgage
$200,000
Outstanding Balance
$195,788
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$23,517

Purchase Details

Closed on
May 1, 2020
Sold by
Britt Robert O and Britt Sandra S
Bought by
Britt Sandra S
Source: Public Records

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Range of Values:

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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
Layfield J David J $250,000 Professional Title & Escrow Co
Britt Sandra S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layfield J David J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $250,000 +11.1% $140 / Sq Ft
05/17/2023 05/17/23 For Sale $225,000 -- $126 / Sq Ft
Source: MARIS MLS

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
2023 $2,996 $50,544 $4,058 $46,486
2022 $2,764 $46,469 $3,731 $42,738
2021 $2,676 $44,704 $3,743 $40,961
2020 $2,639 $42,316 $3,543 $38,773
2019 $2,553 $42,316 $3,543 $38,773
2018 $2,461 $41,087 $3,440 $37,647
2017 $1,179 $38,530 $3,588 $34,942
2016 $2,329 $37,630 $3,504 $34,126
2014 $1,063 $37,194 $3,463 $33,731
2013 $1,507 $37,887 $3,409 $34,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23025234

MARIS MLS

APN: 04-30.0-214-016