NOT LISTED FOR SALE

505 8th Ave Silvis, IL 61282

Estimated Value: $122,637 - $137,000

3 Beds
1 Bath
1,060 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $109,000 $103 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $956/month

20 Days on Market

Highlights

  • Patio
  • Bungalow
  • Garage

About This Home

As of July 2021

Have a look through this well-maintained 3 BR bungalow located in Silvis! Just from the outside, you'll see a modest front porch, a detached garage with an additional carport that could also serve as a wonderful covered patio, perfect for enjoying rainy or bright days. The home features a large back yard, partially fenced. Inside the home, large doorway arches provide an open concept of the home. The main level features a spacious living room, formal dining area, and a decently-sized and bright kitchen. All 3 bedrooms are found upstairs and there is even a non-conforming bedroom downstairs in the basement. New roof in 2018. New furnace & AC in 2019.

Last Agent to Sell the Property

Kyle Robinson

Epique Realty License #S62397000/475.163000 Listed on: 05/07/2021

Epique Realty

Co-Listed By

Desiree Housby

The Riverview Group - Epique Realty License #475.187699 / S68463000

Last Buyer's Agent

Kyle Robinson

Epique Realty License #S62397000/475.163000 Listed on: 05/07/2021

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1950

Lot Details

  • 7,405

Parking

  • Garage

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Blinds
  • Oven or Range

Additional Features

  • Patio
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,315

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: SUPVR ASST MAP LOT 439-28 SHEET 67
  • Year Built: 1950
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range/Oven
  • Interior Amenities: Blinds, Cable Tv Available
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Half Bathrooms in the Basement: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 11x9, On Level: Main, Flooring: Laminate
  • Basement Foundation: Full, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 10x8, On Level: Main, Flooring: Tile
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 11x8, On Level: Main, Flooring: Laminate
  • Bedroom 3 Egress Window: Yes
  • Den: Dimensions: 14x11, On Level: Basement, Flooring: Other
  • Formal Dining Room: Dimensions: 12x10, On Level: Main, Flooring: Laminate
  • Kitchen: Dimensions: 13x10, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining Formal
  • Laundry: On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 14x13, On Level: Main, Flooring: Laminate
  • Rec Room: Dimensions: 22x9.06, On Level: Basement, Flooring: Other
  • Total Basement Sq Ft: 1016
  • Additional Room 1: Dimensions: 15x10, On Level: Basement, Flooring: Other
  • Price Per Sq Ft: 102.83
  • Finished Sq Ft: 1060
  • Total Sq Ft: 1060
  • Finished Main Level Sq Ft: 1060

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Patio
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Carport, Curbs & Gutters, Detached, On Street Parking
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Central Air
  • Utilities On: Yes
  • Water Sewer: Community Water System, Public Sewer

Lot Info

  • Estimated Lot Size: 56x135
  • Estimated Number of Acres: 0.17
  • Lot Description: Level
  • Zoning: Residential
  • Subdivision: Hampton
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3315.48
  • Parcel Id Number Tax Id: 09-31-413-026
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2019

MLS Schools

  • High School School District: United Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 1, 2021
Sold by
Nicole Laird
Bought by
Murray Nichol
Seller's Agent
Kyle Robinson
Epique Realty
Buyer's Agent
Kyle Robinson
Epique Realty
List Price
$115,000
Sold Price
$109,000
Premium/Discount to List
-$6,000
-5.22%
Current Estimated Value
$129,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,409
Avg. Annual Appreciation
3.85%
Original Mortgage
$103,550
Outstanding Balance
$95,293
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$34,116
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murray Nichol $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Nichol $103,550
Closed Murray Nichol $6,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2021 07/02/21 Sold $109,000 -5.2% $103 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $115,000 +29.9% $108 / Sq Ft
08/23/2017 08/23/17 Sold $88,500 -6.8% $87 / Sq Ft View Prior Sale
07/14/2017 07/14/17 Pending -- -- --
09/13/2016 09/13/16 For Sale $95,000 -- $94 / 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 $3,365 $35,897 $4,853 $31,044
2023 $3,365 $33,643 $4,548 $29,095
2022 $3,434 $35,825 $4,842 $30,983
2021 $3,363 $34,249 $4,629 $29,620
2020 $3,349 $33,810 $4,570 $29,240
2019 $3,315 $33,196 $4,487 $28,709
2018 $3,301 $33,196 $4,487 $28,709
2017 $2,666 $32,577 $4,403 $28,174
2016 $2,664 $32,415 $4,381 $28,034
2015 $2,452 $29,882 $4,039 $25,843
2014 $488 $29,133 $3,938 $25,195
2013 $488 $29,133 $3,938 $25,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4221321

RMLS Alliance

APN: 09-31-413-026