$78,000
SOLD OCT 18, 2024

503 S Elm St Centralia, IL 62801

2 Beds
1 Bath
1,440 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Screened Patio
  • No HOA
  • 1 Car Attached Garage
  • 1-minute walk to Rotary Park

About This Home

As of October 2024

This corner location is very convenient to highways, commercial, rail and even the Seller's fave taco spot! A 2 bedroom, 1 bath, Bungalow-style home that keeps yard maintenance at a minimum. Through the front door and into the Living Room you instantly take notice of the gas log fireplace with stylish surround and hearth. One bedroom is adjacent to the Living Room and has a cool bonus feature with an attached enclosed porch. Perfect as an office, art studio, yoga studio or whatever your use, it benefits from an exterior door in case you need to run your at-home business from here. Past the Living Room is the formal Dining Room and the full bath with warm colors. The second bedroom sits just off the Dining Room and offers a degree of privacy from the rest of the home. A gas range and the refrigerator are included in the Kitchen, which has a nice, built-in informal dining nook with bench seats. A real bonus in this property is the spacious basement that could be finished our or just furnished for lots of extra room. The tanning bed works and will stay with the property. Lots of storage on both levels give plenty of areas to tuck things away for later. A one-car garage is practical for a small vehicle and outdoor equipment.

Last Agent to Sell the Property

Brian Wood

Cross Davidson Real Estate Brokerage Phone: 618-201-9509 License #471017028 Listed on: 08/31/2024

Last Buyer's Agent

Bert Griffin

Coldwell Banker Allen & Geary License #475121873

Coldwell Banker Allen & Geary

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $559

Year Built

  • Built in 1929

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 80'x40'x80'x40'
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Centralia Elementary And Middle School
  • Centralia High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 1400054695

Home Details

Home Type

Single Family

Est. Annual Taxes

$559

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1929
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 65
  • Attribution Contact: Pref: 618-201-9509
  • Special Features: None

Interior Features

  • Appliances: Hood/Fan, Range/Oven, Refrigerator
  • Basement: Full, Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Blinds, Cable Available, Ceiling Fan(s), High Speed Internet, Security System
  • Living Area: 1440
  • TotalBasementSqFt: 1000
  • KitchenDining: Dining Formal,Dining Informal,Eat-In Kitchen,Pantry

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch, Screened Patio
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central Air
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 0

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Centralia
  • High School: Centralia
  • Middle Or Junior School: Centralia

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size: 80'x40'x80'x40'
  • Parcel #: 1400054695

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 559
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Oct 18, 2024
Sold by
Ingram Clinton B and Roper Sarah E
Bought by
Beasley Joshua and Beasley Crystal
Seller's Agent
Brian Wood
Cross Davidson Real Estate
Buyer's Agent
Bert Griffin
Coldwell Banker Allen & Geary
List Price
$79,500
Sold Price
$78,000
Premium/Discount to List
-$1,500
-1.89%
Views
17
Current Estimated Value
$211,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,202
Avg. Annual Appreciation
361.44%
Original Mortgage
$71,428
Outstanding Balance
$71,094
Interest Rate
6.38%
Mortgage Type
FHA
Estimated Equity
$152,952

Purchase Details

Listed on
Oct 14, 2022
Closed on
Dec 1, 2022
Sold by
Bruce Samantha G
Bought by
Roper Sarah E and Ingram Clint
Seller's Agent
Ryan Gambill
SOMER REAL ESTATE
Buyer's Agent
Daniel Harshbarger
KELLER WILLIAMS PINNACLE
List Price
$65,000
Sold Price
$68,000
Premium/Discount to List
$3,000
4.62%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$65,960
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2005
Sold by
Hutchison Mary E
Bought by
Bruce Samantha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,578
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $578,000 None Listed On Document
Warranty Deed $68,000 --
Warranty Deed $15,000 Mchaney Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,428 FHA
Previous Owner $65,960 New Conventional
Previous Owner $10,000 New Conventional
Previous Owner $24,578 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $78,000 -1.9% $54 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
08/31/2024 08/31/24 For Sale $79,500 +16.9% $55 / Sq Ft
12/01/2022 12/01/22 Sold $68,000 +4.6% $57 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $65,000 -- $54 / 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
2023 $559 $12,500 $1,250 $11,250
2022 $1,053 $11,370 $1,140 $10,230
2021 $1,045 $10,630 $1,070 $9,560
2020 $1,099 $10,990 $1,720 $9,270
2019 $1,122 $11,030 $870 $10,160
2018 $1,142 $11,030 $870 $10,160
2017 $506 $10,810 $850 $9,960
2016 $495 $10,400 $820 $9,580
2015 $5 $10,400 $820 $9,580
2012 $8 $13,160 $1,350 $11,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB454957

RMLS Alliance

APN: 1400054695