NOT LISTED FOR SALE

503 2nd Ave Mendota, IL 61342

Estimated Value: $117,000 - $146,223

2 Beds
1 Bath
1,008 Sq Ft
$130/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $110,000 $109 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $978/month

7 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Central Air
  • 1 Car Attached Garage
  • Laundry Room
  • Ceiling Fan

About This Home

As of March 2023

Own it cheaper than you can you can rent an APPARTMENT!!! Great investment! This is an easy maintaining, efficient, and practical home! Built in 1994 this 2 bedroom, single bath home offers a great opportunity to many! The first home buyer! The downsizers! The minimalist! The home has a great layout with a large eat in kitchen, large living area, modest sized bedrooms, nice yard on a quiet street. The furnace is a 2008 model. The Water Heater is a 2022. There is a very nice, almost new 10' x 12' back yard garden shed with a tilt down door that is perfect for pulling the mower in. Come and check out his home today!

Last Agent to Sell the Property

Nathan Gudmunson

Coldwell Banker Real Estate Group License #475185944 Listed on: 02/28/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Nathan Gudmunson

Coldwell Banker Real Estate Group License #475185944 Listed on: 02/28/2023

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1994

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60 x 160

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Mendota Twp High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,611

Year Built

Built in 1994

Lot Details

0

Parking

1

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
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1008
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1008
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 125000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 2
  • Number of Cars: 3
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • 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

  • High School: Mendota Twp High School
  • Middle/Junior School District: 289

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 60 X 160
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1611.46
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Mar 27, 2023
Sold by
Verda Amy M and Freeland Clarence L
Bought by
Quijas Ernesto
Seller's Agent
Nathan Gudmunson
Coldwell Banker Real Estate Group
Buyer's Agent
Nathan Gudmunson
Coldwell Banker Real Estate Group
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Views
63
Current Estimated Value
$131,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,306
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Aug 24, 2006
Sold by
Sarabia Jose D and Sarabia Cristina M
Bought by
Freeland Clarence L and Freeland Jacqueline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Quijas Ernesto $110,000 Wheatland Title Co
Freeland Clarence L $84,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeland Clarence L $67,000
Previous Owner Freeland Clarence L $67,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $110,000 -12.0% $109 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $125,000 -- $124 / 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
2024 $3,217 $43,340 $5,977 $37,363
2023 $3,046 $40,361 $5,566 $34,795
2022 $1,532 $36,795 $5,074 $31,721
2021 $1,611 $34,671 $4,803 $29,868
2020 $1,606 $32,736 $4,535 $28,201
2019 $1,628 $32,736 $4,535 $28,201
2018 $1,671 $32,019 $4,436 $27,583
2017 $1,714 $31,614 $4,380 $27,234
2016 $1,730 $30,267 $4,193 $26,074
2015 $869 $29,349 $4,066 $25,283
2012 -- $33,614 $4,657 $28,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11726872

Midwest Real Estate Data (MRED)

APN: 01-33-411025