NOT LISTED FOR SALE

502 S Ridge St Shannon, IL 61078

Estimated Value: $149,000 - $243,000

2 Beds
2 Baths
1,750 Sq Ft
$101/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $135,000 $77 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,228/month

6 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Shed
  • Eastland Elementary School Rated A-
  • 2 Fireplaces
  • Central Air

About This Home

As of September 2023

Desirable home for sale on a corner lot in Eastland School District! This inviting home encompasses the ease of main floor living. The spacious eat-in kitchen opens to the living room and to the sprawling deck for all of your grilling and entertainment needs. Downstairs you will find more finished space that could be used as a family room, office, playroom, or gym. Access the laundry room straight from the heated garage. Outside you will find a large garden shed to house more of your items instead of overcrowding the garage. The abundance of storage throughout this home is appealing. A/C unit is only 2 years old. This property is within walking distance to the elementary school and parks and ready for your viewing!

Last Agent to Sell the Property

Ashley Patterson

Re/Max of Rock Valley License #475162718 Listed on: 08/02/2023

Re/Max of Rock Valley

Last Buyer's Agent

Margaret Rominski

BARNES REALTY, INC. License #475179241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1968

Lot Details

  • 0.33 Acre Lot

Home Design

  • Ranch Style House
  • Shingle Roof
  • Siding

Interior Spaces

  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Radiant Heating System
  • Water Filtration System
  • Electric Water Heater
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,498

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Water Filteration System, Window Treatments
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Microwave, Refrigerator, Stove/Cooktop, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1340
  • Estimated Below Grade Finished Sq Ft: 410
  • Exemptions: Owner
  • Front: 110
  • General Features: Deck, Garden Shed, Laundry 2nd Floor, L.L. Finished Space, Main Floor Master
  • Grid: 29
  • Legal Description: Per Title
  • Lot Acreage: 0.33
  • Lvt Date: 08/02/2023
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Rear: 110
  • Side 1: 131
  • Side 2: 131
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 110002
  • Egress: Yes
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 1750
  • Garage Type Driveway: Attached, Concrete
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Desirable home for sale on a corner lot in Eastland School District! This inviting home encompasses the ease of main floor living. The spacious eat-in kitchen opens to the living room and to the sprawling deck for all of your grilling and entertainment needs. Downstairs you will find more finished space that could be used as a family room, office, playroom, or gym. Access the laundry room straight from the heated garage. Outside you will find a large garden shed to house more of your items instead of overcrowding the garage. The abundance of storage throughout this home is appealing. A/C unit is only 2 years old. This property is within walking distance to the elementary school and parks and ready for your viewing!
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1340
  • L O1 Brokerage Number: 478026891
  • S O1 Brokerage Number: 478025685
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: Dimensions: 11.5x11.1, On Level: Main
  • Fireplace Type: Wood
  • Basement: Finished
  • Bedroom 2: Dimensions: 11.6x10.7, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 8.5x17.2
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 12.1x24.25
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 77.14
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Hot Water/Steam, Radiant
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Schools

  • School District: Eastland
  • Elementary School: Eastland
  • Middle School: Eastland
  • High School: Eastland

Building Info

  • Year Built: 1968

Tax Info

  • Year: 2022
  • Taxes: 2498

MLS Schools

  • HighSchool: Eastland
  • School District: Eastland
  • Middle School: Eastland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 21, 2023
Sold by
Dehahn Christopher and Dehahn Sarah
Bought by
Santacruz Renee
Seller's Agent
Ashley Patterson
Re/Max of Rock Valley
Buyer's Agent
Margaret Rominski
BARNES REALTY, INC.
List Price
$135,000
Sold Price
$135,000
Views
34
Current Estimated Value
$177,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,619
Avg. Annual Appreciation
5.16%
Original Mortgage
$132,554
Outstanding Balance
$129,771
Interest Rate
6.25%
Mortgage Type
Construction
Estimated Equity
$19,149

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 9, 2016
Sold by
Duane Lutz and Duane Teresa
Bought by
Dehahn Christopher and Dehahn Sarah
Seller's Agent
Thomas Miller
Fawn Ridge Real Estate Co.
Buyer's Agent
Julie Willson
WELCOME HOME NW ILLINOIS, INC.
List Price
$109,900
Sold Price
$107,000
Premium/Discount to List
-$2,900
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$104,990
Interest Rate
4.4%
Mortgage Type
FHA
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
Santacruz Renee $135,000 --
Dehahn Christopher $104,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santacruz Renee $132,554
Previous Owner Dehahn Christopher $104,990
Closed Santacruz Renee $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $135,000 0.0% $77 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $135,000 +26.2% $77 / Sq Ft
06/09/2016 06/09/16 Sold $107,000 -2.6% $58 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $109,900 -- $60 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $3,142 $50,506 $5,149 $45,357
2023 $3,142 $43,542 $4,531 $39,011
2022 $2,499 $37,699 $3,923 $33,776
2021 $2,805 $33,362 $3,472 $29,890
2020 $2,726 $32,234 $3,355 $28,879
2019 $2,902 $34,034 $3,550 $30,484
2018 $2,864 $34,034 $3,550 $30,484
2017 $2,581 $34,034 $3,550 $30,484
2016 $2,314 $34,034 $3,550 $30,484
2015 $1,468 $25,521 $3,622 $21,899
2014 $1,883 $26,609 $3,776 $22,833
2013 $1,883 $25,834 $3,666 $22,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202304357

NorthWest Illinois Alliance of REALTORS®

APN: 01-06-19-107-001