NOT LISTED FOR SALE

502 S Virginia Ave Marion, IL 62959

Estimated Value: $123,000 - $163,414

4 Beds
2 Baths
2,000 Sq Ft
$67/Sq Ft Est. Value

Last Sold January 23, 2025

Last sale price $120,000 $60 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $887/month

63 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Car Detached Garage
  • Washington Elementary School Rated A-
  • Corner Lot
  • Porch

About This Home

As of January 2025

Tucked away in a quiet neighborhood this charming bungalow, built in 1920, features four bedrooms and two full bathrooms. This house has been updated to fit in with the new modern look with spacious living areas and plenty of natural light, making it an ideal home for families. This property also includes a two car garage.

Last Agent to Sell the Property

Linda Ruehmkorff

COLDWELL BANKER J D THOMPSON License #475125241 Listed on: 11/01/2024

COLDWELL BANKER J D THOMPSON

Last Buyer's Agent

TAYLOR JOHNSTON

RIVER 2 RIVER REALTY, INC. License #475194091

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,248

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 55.5x165
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Gravel Driveway
  • Guest Parking

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Basement Window Egress

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Outdoor Features

  • Deck
  • Porch

Schools

  • Marion Elementary And Middle School
  • Marion High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,248

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Subdivision Name: None
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 001 BLK 005 PLT 082 - Thorne Place Addition
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Basement: Unfinished, Egress Window
  • Accessibility Features: Door Width 32 Inches or More, Hall Width 36 Inches or More
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Interior Amenities: Vaulted Ceiling(s)
  • LivingArea: 2000
  • Other Equipment: Sump Pump, Water Heater-Gas
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Vinyl Siding, Frame
  • Foundation Details: Block
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Porch, Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Gravel, Yes, Detached, Guest, Garage
  • ParkingTotal: 2

Utilities

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

Schools

  • Elementary School: Marion
  • High School: Marion
  • Middle/Junior School: Marion

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 55.5X165
  • Zoning: Resid

Rental Info

  • Board Number: 29

Tax Info

  • Tax Annual Amount: 2248.46
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Jan 17, 2025
Sold by
Moorman William and Equity Trust Company
Bought by
Dawkins Kenneth and Dawkins Rachel
Seller's Agent
Linda Ruehmkorff
COLDWELL BANKER J D THOMPSON
Buyer's Agent
TAYLOR JOHNSTON
RIVER 2 RIVER REALTY, INC.
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%
Views
225
Current Estimated Value
$134,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,854
Avg. Annual Appreciation
11.52%
Original Mortgage
$108,000
Outstanding Balance
$105,099
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$29,755
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dawkins Kenneth $120,000 Jsl Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawkins Kenneth $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2025 01/23/25 Sold $120,000 -7.0% $60 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
11/01/2024 11/01/24 For Sale $129,000 +174.5% $65 / Sq Ft
02/16/2016 02/16/16 Sold $47,000 -10.5% $25 / Sq Ft View Prior Sale
01/12/2016 01/12/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $52,500 -- $28 / 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
2025 $2,248 $29,010 $4,560 $24,450
2024 $2,244 $29,010 $4,560 $24,450
2023 $2,248 $29,010 $4,560 $24,450
2022 $1,786 $25,560 $4,020 $21,540
2021 $1,741 $24,630 $3,870 $20,760
2020 $1,741 $23,270 $3,660 $19,610
2019 $1,766 $23,270 $3,660 $19,610
2018 $1,766 $23,270 $3,660 $19,610
2017 $1,735 $23,270 $3,660 $19,610
2015 $1,682 $22,050 $3,470 $18,580
2013 $1,428 $22,050 $3,470 $18,580
2012 $1,428 $22,050 $3,470 $18,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB455728

Midwest Real Estate Data (MRED)

APN: 07-19-132-013