NOT LISTED FOR SALE

503 N 2nd St Fairbury, IL 61739

Estimated Value: $185,000 - $213,000

3 Beds
1 Bath
1,344 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $190,000 $141 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,464/month

17 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Dining Room
  • Living Room
  • Central Air
  • Family Room

About This Home

As of June 2024

Step into this updated brick ranch sitting on a large corner lot with mature trees! Fantastic north side location near the swimming pool, walking trail, and pickle ball courts. Newer dine in kitchen boasts vinyl plank flooring and granite countertops. new stainless steel appliances. New roof in 2019 and many new windows. Updated bathroom; formal dining room with crown molding; arched doorways; huge 15 x 20 living room with lots of natural lighting; versatile full basement for added living space or potential family room; whole house generator; newer wood deck perfect for grilling and entertaining; private back yard; utility shed for mower and tool storage; Super property that has been well maintained. Make the appointment today to view this beautiful home!

Last Agent to Sell the Property

Judy Somers

Palen Real Estate License #475125301 Listed on: 04/22/2024

Last Buyer's Agent

Jeff McMillan

Ray Froelich Real Estate LLC License #475137594

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,847

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 127 x 75

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Prairie Central Upper Elementary School
  • Prairie Central Jr High Middle School
  • Prairie Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,847

Year Built

Built in 1950

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
  • Subdivision Name: Not Applicable
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1344
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Attached, Garage
  • ParkingTotal: 1

Utilities

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

  • Elementary School: Prairie Central Upper Elementary
  • High School: Prairie Central High School
  • Middle/Junior School: Prairie Central Jr High

Lot Info

  • Lot Dimensions: 127 X 75
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 1847
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 29, 2018
Sold by
Capasso John C
Bought by
Cochran Roman Donna and Donna Cochran Roman Living Tru
Seller's Agent
Joe Keeley
Keeley Real Estate
Buyer's Agent
Gina Manker
CLASSIC APPRAISALS
List Price
$127,500
Sold Price
$95,000
Premium/Discount to List
-$32,500
-25.49%
Current Estimated Value
$203,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,272
Avg. Annual Appreciation
11.09%
Original Mortgage
$80,750
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cochran Roman Donna $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cochran Roman Donna $80,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2024 06/26/24 Sold $190,000 -2.3% $141 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $194,500 +104.7% $145 / Sq Ft
10/29/2018 10/29/18 Sold $95,000 -25.5% $71 / Sq Ft View Prior Sale
10/03/2018 10/03/18 Pending -- -- --
09/13/2017 09/13/17 For Sale $127,500 -- $95 / 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 $4,944 $64,735 $6,562 $58,173
2023 $1,843 $35,117 $5,933 $29,184
2022 $1,847 $35,281 $5,993 $29,288
2021 $1,875 $33,097 $5,622 $27,475
2020 $1,894 $31,824 $5,406 $26,418
2019 $1,921 $30,533 $5,187 $25,346
2018 $2,891 $36,107 $5,309 $30,798
2017 $3,012 $36,882 $5,423 $31,459
2016 $2,992 $36,882 $5,423 $31,459
2015 $2,884 $35,808 $5,265 $30,543
2013 $3,327 $39,796 $5,440 $34,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12029049

Midwest Real Estate Data (MRED)

APN: 25-25-03-258-005