NOT LISTED FOR SALE

503 N Prospect St Cambridge, IL 61238

Estimated Value: $130,487 - $137,000

2 Beds
1.5 Baths
1,200 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 09, 2025

Last sale price $135,500 $113 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $913/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Patio
  • Cambridge Community Grade School Rated A-
  • Porch
  • Shed

About This Home

As of May 2025

Charming 2-Bedroom Ranch with Stylish Updates and Entertainer’s Dream Yard! Step into this beautifully maintained 2-bedroom, 1.5-bath ranch home featuring a spacious living room with a striking stone fireplace—perfect for cozy nights in. Just off the living room, a 9x8 flex space makes an ideal home office or reading nook. The kitchen boasts tile floors, a stylish tile backsplash, and flows into an informal dining room with a large pantry—great for storage and functionality. Enjoy the comfort of a fully remodeled bathroom (2025) and a convenient new combination half-bath/laundry room, also added in 2025. Both bedrooms offer comfort and charm, with updated flooring installed in 2019. The primary bedroom includes a walk-in closet for added convenience. Step outside and get ready to entertain! The backyard features a remodeled (2019) party/bar house complete with concrete countertops, tile floors, a keg fridge, a mini fridge, and a mini split installed in 2024 for year-round comfort. Enjoy relaxing evenings in the hot tub or around the firepit. Additional updates include: Front porch (2025) Metal roof (2020) Pella windows throughout (2016) New siding and gutters (2016) This home blends comfort, style, and entertainment—don’t miss your chance to make it yours!

Last Agent to Sell the Property

Tammy Hamerlinck

NextHome QC Realty Brokerage Phone: 309-236-1582 License #475.130095/S60620000 Listed on: 04/07/2025

NextHome QC Realty

Last Buyer's Agent

Christine Taylor

KW 1Advantage License #471.020431/B60056000

KW 1Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,309

Year Built

  • Built in 1973

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100
  • Level Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Cambridge Comm Elementary And Middle School
  • Cambridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Snodgrass Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 18-07-204-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,309

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1973
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 112.92
  • Attribution Contact: Cell: 309-236-1582
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s), High Speed Internet
  • Living Area: 1200
  • KitchenDining: Dining Informal,Pantry

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Shed(s)
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch
  • Roof: Metal
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Cambridge Comm
  • High School: Cambridge
  • Middle Or Junior School: Cambridge Comm

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size: 75x100
  • Parcel #: 18-07-204-007

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2308.68
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2025
Closed on
May 9, 2025
Sold by
Palmer Amber and Palmer Mark L
Bought by
Tolley Andrew
Seller's Agent
Tammy Hamerlinck
NextHome QC Realty
Buyer's Agent
Christine Taylor
KW 1Advantage
List Price
$135,000
Sold Price
$135,500
Premium/Discount to List
$500
0.37%
Views
18
Current Estimated Value
$134,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,128
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Aug 28, 2008
Sold by
Palmer Mark L and Palmer Clyde W
Bought by
Palmer Mark L and Moore Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,086
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2007
Sold by
Devlin Frances T and Champion Margaret M
Bought by
Palmer Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,514
Interest Rate
6.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Tolley Andrew $135,500 None Listed On Document
Palmer Mark L -- None Available
Palmer Mark L $47,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Mark L $92,452
Previous Owner Palmer Mark L $91,086
Previous Owner Palmer Mark L $46,514
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $135,500 +0.4% $113 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $135,000 -- $113 / Sq Ft
Source: RMLS Alliance

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 $2,359 $32,605 $3,508 $29,097
2023 $2,309 $32,123 $3,456 $28,667
2022 $2,157 $29,579 $3,182 $26,397
2021 $1,932 $27,388 $2,946 $24,442
2020 $1,893 $26,652 $2,867 $23,785
2019 $1,868 $26,254 $2,824 $23,430
2018 $2,358 $25,490 $2,742 $22,748
2017 $1,776 $24,820 $2,670 $22,150
2016 $1,772 $24,697 $2,657 $22,040
2015 $1,715 $24,697 $2,657 $22,040
2013 $1,715 $24,947 $2,684 $22,263
Source: Public Records

Agents Affiliated with this Home

  • Tammy Hamerlinck

    Seller's Agent in 2025

    Tammy Hamerlinck

    NextHome QC Realty

    (309) 236-1582

    84 Total Sales

    Tammy Hamerlinck
    Section Image
  • Christine Taylor

    Buyer's Agent in 2025

    Christine Taylor

    KW 1Advantage

    (309) 314-7350

    225 Total Sales

    Christine Taylor
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4262026

RMLS Alliance

APN: 18-07-204-007

Illinois Henry County Cambridge 61238

503 N Prospect St, Cambridge, IL

This home is located at 503 N Prospect St, Cambridge, IL 61238 since 07 April 2025 and is currently estimated at $134,372, approximately $111 per square foot. This property was built in 1973. 503 N Prospect St is a home located in Henry County with nearby schools including Cambridge Community Grade School and Cambridge Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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