NOT LISTED FOR SALE

502 Ridge Ln Eureka, IL 61530

Estimated Value: $201,000 - $223,000

3 Beds
2.5 Baths
1,396 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $142,000 $102 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,476/month

14 Days on Market

Highlights

  • Fireplace in Kitchen
  • Ranch Style House
  • 2 Car Attached Garage
  • Eureka High School Rated A-
  • Bonus Room
  • Central Air

About This Home

As of June 2021

Ranch style home with spacious rooms, fireplace in eat-in kitchen with built-in oven and cooktop, sliding glass doors to deck, main floor laundry, cedar closets in bedrooms. Family room, kitchenette & 3/4 bath in basement. Shingles are approximately 5 years old. Direct access to park through city owned property behind house.

Last Listed By

Bryan Betts

Mahaffey/Betts Realty License #471004737 Listed on: 05/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,572

Year Built

  • Built in 1975

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 91x125x71x131

HOA Fees

  • $1 per month

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Ranch Style House

Interior Spaces

  • 1,396 Sq Ft Home
  • Gas Log Fireplace
  • Bonus Room
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Eureka Elementary School
  • Eureka Jr High Middle School
  • Eureka High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,572

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Not Applicable
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1044
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 1396
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 2440
  • Assessed Sq Ft: 1396
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1396
  • Basement Sq Ft: 1396
  • Fireplace Location: Kitchen
  • Total Sq Ft: 2792
  • Unfinished Basement Sq Ft: 352
  • Main Level Sq Ft: 1396

Exterior Features

  • List Price: 149900
  • Waterfront: No
  • Exterior Building Type: Brick,Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 10
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Eureka Elementary
  • High School: Eureka High School
  • Middle/Junior School: Eureka Jr High
  • Middle/Junior School District: 140

Lot Info

  • Lot Size Acres: 0.253
  • Lot Dimensions: 91X125X71X131
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: U
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 2572.36
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 29, 2021
Sold by
Bill Verda J
Bought by
Franklin Elizabeth K and Anderson Lonnie
Seller's Agent
Bryan Betts
Mahaffey/Betts Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$159,900
Sold Price
$142,000
Premium/Discount to List
-$17,900
-11.19%
Total Days on Market
14
Current Estimated Value
$207,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,766
Avg. Annual Appreciation
9.48%
Original Mortgage
$134,900
Outstanding Balance
$124,405
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$77,176

Range of Values:

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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

Date Buyer Sale Price Title Company
Franklin Elizabeth K $148,000 Woodford County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Elizabeth K $134,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $142,000 -5.3% $102 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/23/2021 05/23/21 Price Changed $149,900 -6.3% $107 / Sq Ft
05/14/2021 05/14/21 For Sale $159,900 -- $115 / 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
2023 $4,479 $64,745 $9,165 $55,580
2022 $4,239 $58,512 $8,538 $49,974
2021 $4,120 $55,252 $8,062 $47,190
2020 $2,572 $56,809 $8,062 $48,747
2019 $2,575 $57,187 $8,116 $49,071
2018 $2,555 $57,170 $8,114 $49,056
2017 $2,577 $56,604 $8,034 $48,570
2016 $3,820 $56,604 $8,034 $48,570
2015 $2,179 $55,191 $7,833 $47,358
2014 $2,179 $53,766 $7,631 $46,135
2013 $2,179 $53,766 $7,631 $46,135
Source: Public Records

Agents Affiliated with this Home

  • Bryan Betts

    Seller's Agent in 2021

    Bryan Betts

    Mahaffey/Betts Realty

    (309) 275-3641

    149 Total Sales

    Bryan Betts
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11088104

Midwest Real Estate Data (MRED)

APN: 13-13-221-011

Illinois Woodford County Eureka 61530

502 Ridge Ln, Eureka, IL

Homes for Sale in Eureka, IL

This home is located at 502 Ridge Ln, Eureka, IL 61530 since 14 May 2021 and is currently estimated at $207,766, approximately $148 per square foot. This property was built in 1975. 502 Ridge Ln is a home located in Woodford County with nearby schools including Eureka High School and Countryside Private School.

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