NOT LISTED FOR SALE

504 E North Ave Flora, IL 62839

Estimated Value: $52,654

-- Bed
0.5 Bath
2,496 Sq Ft
$21/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $37,000 $15 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $381/month

45 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 2-minute walk to Charley Brown Park

About This Home

As of September 2020

Great Location, Great Condition, Amazing Price. Priced at only $43,000 there is NO WAY you could ever build this 2496 SQ FT building for this price. If you are looking for a high traffic location with front door parking that is set up and ready to go then give us a call. This building was constructed for retail and has always been used for retail but is zoned residential. Buyer would have to get a special use variance before you open. The main structure is 1536 sq ft and has finished walls and ceiling, updated central heat and air, large display window, and large overhead door for additional easy access. The back area is a 960 sq ft warehouse area with a gravel drive to the 2nd large overhead door for easy access. The back of the building has a large covered patio area for additional storage. The front has a concrete parking lot with parking stops, handicap access area. and a large display sign to market your business and privacy fence. Have an IDEA? Let's make it happen! Call Today

Last Agent to Sell the Property

Phil Wiley

WILEY REALTY GROUP License #471019822 Listed on: 06/26/2020

Last Buyer's Agent

Phil Wiley

WILEY REALTY GROUP License #471019822 Listed on: 06/26/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 60x204
  • Level Lot

Parking

  • Parking Lot

Home Design

  • 2,496 Sq Ft Home

Bedrooms and Bathrooms

  • 0.5 Bathroom

Schools

  • Flora Elementary And Middle School
  • Flora High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,222

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • ArchitecturalStyle: Other
  • New Construction: No
  • Subdivision Name: None
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 4 NA Eddy Addition
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Half Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 2496
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Frame
  • Lot Features: Level

Garage/Parking

  • Parking Features: Gravel, No Garage, Parking Lot

Utilities

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

Schools

  • Elementary School: Flora
  • High School: Flora HS
  • Middle/Junior School: Flora

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 60x204

Rental Info

  • Board Number: 29

Tax Info

  • Tax Annual Amount: 1222.39
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 18, 2020
Sold by
Wilson Johnathon and Wilson Cynthia
Bought by
Richards Bruce E and Richards Nannette J
Seller's Agent
Phil Wiley
WILEY REALTY GROUP
Buyer's Agent
Phil Wiley
WILEY REALTY GROUP
List Price
$43,000
Sold Price
$37,000
Premium/Discount to List
-$6,000
-13.95%
Current Estimated Value
$52,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,654
Avg. Annual Appreciation
6.88%
Original Mortgage
$33,656
Outstanding Balance
$20,827
Interest Rate
2.9%
Estimated Equity
$31,827

Purchase Details

Listed on
Feb 27, 2016
Closed on
Mar 18, 2016
Sold by
Mceilliams Gene A
Bought by
Wilson Jonathan and Wilson Cynthia
Seller's Agent
AMY BAILEY
Griffitts Appraisal Service
Buyer's Agent
AMY BAILEY
Griffitts Appraisal Service
List Price
$38,000
Sold Price
$38,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.59%

Purchase Details

Closed on
Mar 24, 2015
Sold by
Wallance Billy J
Bought by
Mcwilliams Gene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6%
Mortgage Type
Commercial
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
Richards Bruce E $37,000 None Available
Wilson Jonathan $38,000 --
Mcwilliams Gene A $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Bruce E $33,656
Previous Owner Mcwilliams Gene A $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $37,000 -14.0% $15 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $43,000 +13.2% $17 / Sq Ft
03/18/2016 03/18/16 Sold $38,000 0.0% $15 / Sq Ft View Prior Sale
03/02/2016 03/02/16 Pending -- -- --
02/27/2016 02/27/16 For Sale $38,000 -- $15 / 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 $1,269 $15,599 $2,967 $12,632
2023 $1,316 $15,599 $2,967 $12,632
2022 $1,352 $14,198 $2,704 $11,494
2021 $1,259 $14,198 $2,704 $11,494
2020 $1,214 $13,626 $2,595 $11,031
2019 $1,222 $13,626 $2,595 $11,031
2018 $1,195 $13,126 $2,500 $10,626
2017 $1,217 $13,126 $2,500 $10,626
2016 $906 $9,699 $2,500 $7,199
2015 $929 $9,699 $2,500 $7,199
2013 $1,199 $13,015 $2,500 $10,515
2012 $1,129 $12,512 $2,403 $10,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB434905

Midwest Real Estate Data (MRED)

APN: 10-25-312-036