503 N Walnut Ave Forreston, IL 61030
3
Beds
1.5
Baths
1,600
Sq Ft
0.61
Acres
Highlights
- 0.61 Acre Lot
- 2 Car Detached Garage
- Laundry Room
- Ranch Style House
- Living Room
- Dining Room
About This Home
As of March 2025Charming 3-Bedroom Home on a Spacious Double Lot! Listed Below Appraised Value! Discover this delightful 3-bedroom, 1.5-bathroom home nestled on a large double lot, offering ample space and endless potential. Recently appraised at one hundred and sixty three thousand, this property is a fantastic value with an asking price below appraisal! Home features: An open-concept kitchen flows seamlessly into the dining area and large living room, perfect for entertaining or everyday family living. The master bedroom is conveniently located off the half bathroom, and the main floor laundry room adds practicality to your daily routine. The expansive yard is adorned with a variety of fruit trees, offering both beauty and bounty. The lot's alley access provides additional parking opportunities. An oversized 2-car garage offers plenty of room for vehicles, hobbies, and storage. A newer roof and gutters ensure peace of mind and low maintenance for years to come. Basement is a poured concrete foundation and is ready to be finished! With its fantastic features and unbeatable value, this home won't last long. Schedule your showing today and make this gem yours!
Last Agent to Sell the Property
RE/MAX of Rock Valley License #471019445 Listed on: 12/20/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,499
Year Built
- Built in 1973
Lot Details
- 0.61 Acre Lot
- Lot Dimensions are 164x160
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,600 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Baseboard Heating
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2024
Closed on
Feb 21, 2025
Sold by
Lindsay Ronda Lynn and Myers Christopher Eugene
Bought by
Chapa Brian R
Seller's Agent
Rebecca Hazzard
RE/MAX of Rock Valley
Buyer's Agent
Erin Spence Paff
Re/Max of Rock Valley
List Price
$139,000
Sold Price
$145,000
Premium/Discount to List
$6,000
4.32%
Total Days on Market
35
Views
73
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,442
Avg. Annual Appreciation
7.86%
Original Mortgage
$142,373
Outstanding Balance
$142,259
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$6,183
Similar Homes in Forreston, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $145,000 | Rrt |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $142,373 | FHA | |
| Previous Owner | $20,440 | New Conventional | |
| Previous Owner | $51,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $145,000 | +4.3% | $91 / Sq Ft |
| 01/27/2025 01/27/25 | For Sale | $139,000 | 0.0% | $87 / Sq Ft |
| 01/24/2025 01/24/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | Price Changed | $139,000 | -6.7% | $87 / Sq Ft |
| 12/20/2024 12/20/24 | For Sale | $149,000 | -- | $93 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,458 | $39,747 | $6,853 | $32,894 |
| 2023 | $1,500 | $37,074 | $6,392 | $30,682 |
| 2022 | $1,554 | $33,923 | $5,849 | $28,074 |
| 2021 | $1,563 | $33,076 | $5,703 | $27,373 |
| 2020 | $1,555 | $32,491 | $5,602 | $26,889 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Hazzard
Seller's Agent in 2025
Rebecca Hazzard
RE/MAX
(815) 509-8432
4 in this area
479 Total Sales
-
Erin Spence Paff
Buyer's Agent in 2025
Erin Spence Paff
Re/Max of Rock Valley
(815) 262-5555
5 in this area
150 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12258228
APN: 02-28-331-006
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