NOT LISTED FOR SALE

503 E Main St Tolono, IL 61880

Estimated Value: $182,000 - $207,000

3 Beds
2 Baths
1,330 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 18, 2021

Last sale price $131,000 $98 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,263/month

38 Days on Market

Highlights

  • Mature Trees
  • Screened Porch
  • Patio
  • Ranch Style House
  • Detached Garage
  • Bathroom on Main Level

About This Home

As of January 2021

The first thing you will notice about this charming ranch is the expansive yard - almost an acre lot with mature trees and loads of open space. High-grade carpet in the living room greets you into this light, bright home. The kitchen is in solid condition with vinyl plank flooring, lovely cabinetry and offers a newer sink, fixtures and window. The vinyl plank flooring continues into the adjacent family room which also features tasteful, gray wainscotting and overlooks the back yard. All bedrooms are carpeted and the Master bedroom has plenty of room for a king-size bed. The full bath has been completely renovated and even includes a blue-tooth speaker in the fan! Newer roof and the over-sized garage has electric service, gas heat and a screened porch. Seller is offering $1000 allowance at closing for new refrigerator.

Last Agent to Sell the Property

Mark Waldhoff

KELLER WILLIAMS-TREC License #475122749 Listed on: 10/13/2020

KELLER WILLIAMS-TREC

Last Buyer's Agent

Tim Drollinger

RE/MAX REALTY ASSOCIATES-CHA License #471007983

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,575

Year Built

  • 1951

Lot Details

  • 0.82

Parking

  • Detached Garage
  • Heated Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • Screened Porch
  • Laminate Flooring
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Patio
  • Mature Trees

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,575

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1330
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1951
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Total Sq Ft: 1330
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X20, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X8, On Level: Main Level
  • Kitchen Type: Dimensions: 8X12, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1330
  • Estimated Total Finished Sq Ft: 1330
  • Main Level Sq Ft: 1330
  • Dining Room Type: None
  • Family Room: Dimensions: 16X20, On Level: Main Level, Flooring: Vinyl

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Patio, Porch Screened

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 7
  • Elementary School: Unity West Elementary School
  • Middle School: Unity Junior High School
  • High School: Unity High School
  • Junior High Dist: 7

Lot Info

  • Lot Dimensions: 145.6X261.1
  • Lot Description: Mature Trees
  • Parcel Identification Number: 292625312007

Tax Info

  • Taxes: 2408.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 29, 2020
Sold by
Kirby Robert W and Kirby Family Revocable Trust
Bought by
Downen Austen Michael
Seller's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
Buyer's Agent
Tim Drollinger
RE/MAX REALTY ASSOCIATES-CHA
List Price
$139,900
Sold Price
$131,000
Premium/Discount to List
-$8,900
-6.36%
Current Estimated Value
$197,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,804
Avg. Annual Appreciation
9.14%
Original Mortgage
$132,323
Outstanding Balance
$118,182
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$79,622
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
Downen Austen Michael $131,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downen Austen Michael $132,323
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2021 01/18/21 Sold $131,000 -6.4% $98 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $139,900 -- $105 / 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 $2,575 $49,760 $11,530 $38,230
2023 $2,575 $46,210 $10,710 $35,500
2022 $2,419 $42,940 $9,950 $32,990
2021 $2,292 $40,740 $9,440 $31,300
2020 $2,259 $39,830 $9,230 $30,600
2019 $2,408 $39,280 $9,100 $30,180
2018 $412 $39,280 $9,100 $30,180
2017 $434 $37,590 $8,710 $28,880
2016 $442 $35,940 $8,330 $27,610
2015 $452 $34,650 $8,030 $26,620
2014 $468 $35,210 $8,160 $27,050
2013 $441 $35,210 $8,160 $27,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10892627

Midwest Real Estate Data (MRED)

APN: 29-26-25-312-007