NOT LISTED FOR SALE

503 Spruce St Chenoa, IL 61726

Estimated Value: $145,000 - $166,000

3 Beds
1 Bath
2,288 Sq Ft
$68/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $111,000 $49 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,023/month

Highlights

  • Traditional Architecture
  • Enclosed patio or porch
  • Wood Siding
  • Detached Garage
  • Senior Tax Exemptions

About This Home

As of January 2021

Very affordable well kept home on a double lot. Wonderful screened in porch with a pass through window at the kitchen. Perfect for entertaining! Conveniently located. Sellers are having carpet installed on the 2nd floor and will provide a credit at closing for exterior paint. You must get inside to see all this home has to offer.

Last Listed By

Crystal Semmerling

Coldwell Banker Real Estate Group License #475187582 Listed on: 12/02/2020

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,856

Year Built

  • 1864

Lot Details

  • 0.46

Parking

  • Detached Garage
  • Parking Available
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Wood Siding
  • Aluminum Siding

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas

Additional Features

  • Partial Basement
  • Enclosed patio or porch

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,856

Year Built

1864

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1864

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X25, On Level: Main Level, Flooring: Carpet
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X6, On Level: Main Level
  • Dining Room: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X16, On Level: Main Level
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 11X17, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 18X12, On Level: Main Level
  • Bedroom 2: Dimensions: 8X17, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X17, On Level: 2nd Level
  • Estimated Sq Ft: 2288

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Wood Siding
  • Acreage: 0.46

Garage/Parking

  • Number of Cars: 5
  • Parking: Garage, Space/s
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 8
  • Elementary School: Chenoa Elementary
  • Middle School: Prairie Central Jr High
  • High School: Prairie Central High School
  • Junior High Dist: 8

Lot Info

  • Lot Dimensions: 0.46
  • Parcel Identification Number: 0311229013
  • BNAR Zoning: R1
  • Zero Lot Line: No

Tax Info

  • Taxes: 2145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Jan 21, 2021
Sold by
Piercy Richard F and Piercy Carol L
Bought by
Fosdick Jared
Seller's Agent
Crystal Semmerling
Coldwell Banker Real Estate Group
Buyer's Agent
Crystal Semmerling
Coldwell Banker Real Estate Group
List Price
$118,900
Sold Price
$111,000
Premium/Discount to List
-$7,900
-6.64%
Total Days on Market
0
Current Estimated Value
$155,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,689
Avg. Annual Appreciation
8.23%
Original Mortgage
$88,000
Outstanding Balance
$80,156
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$75,533

Purchase Details

Closed on
Jun 21, 2018
Sold by
Piercy Carol
Bought by
Piercy Richard and Piercy Carol

Purchase Details

Closed on
Nov 29, 2006
Sold by
Grant Gleneta L
Bought by
Piercy Richard

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
Fosdick Jared $111,000 Ftc
Piercy Richard $9,000 None Available
Piercy Richard $15,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fosdick Jared $88,000
Previous Owner Piercy Richard F $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $111,000 -6.6% $49 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $118,900 -- $52 / 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
2022 $2,856 $35,624 $6,715 $28,909
2021 $3,304 $34,809 $6,561 $28,248
2020 $2,089 $32,365 $6,100 $26,265
2019 $2,145 $32,365 $6,100 $26,265
2018 $2,267 $32,048 $6,040 $26,008
2017 $2,029 $32,048 $6,040 $26,008
2016 $1,922 $32,048 $6,040 $26,008
2015 $1,908 $32,883 $6,197 $26,686
2014 $1,233 $32,883 $6,197 $26,686
2013 -- $33,242 $6,265 $26,977
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10941013

Midwest Real Estate Data (MRED)

APN: 03-11-229-013