NOT LISTED FOR SALE

505 E Columbia St Danvers, IL 61732

Estimated Value: $141,000 - $168,989

2 Beds
1 Bath
1,152 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $125,000 $109 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,103/month

1 Day on Market

About This Home

As of December 2021

The last owner lived here for several decades! This 2 bedroom home still has lots of memories ready to make. Nice fenced in back yard, with extra large L shaped garage with two garage doors, plenty of room for a he/she cave or great work area. Covered patio ready to sit out and enjoy the weather. Lots of landscaping and beautiful rocks that the owner collected over the years. You just need to make the home yours. Hardwood floors are under the carpet in the bedrooms and closets upstairs!

Last Agent to Sell the Property

Beth Herald

RE/MAX Choice License #475132470 Listed on: 10/16/2021

RE/MAX Choice

Last Buyer's Agent

Brian O'Kraski

eXp Realty, LLC License #475168696

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1962

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • 1,152 Sq Ft Home
  • Split Level Home
  • Aluminum Siding

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Split Level
  • Property Sub Type: Split Level
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Tri-Level
  • Directions: Danvers to East Street, turn left and left on Columbia (just a few houses down from the Elementary school)
  • Lot Size: 60 X 132
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Not Applicable
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1962

Interior Features

  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 1152
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Square Footage Comments: Main Floor 480 sq ft 2nd Floor 416 sq ft Basement 352 sq ft
  • Total Sq Ft: 1248
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Aluminum Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 16
  • Middle Or Junior School: Olympia Jr High School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 769.88
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Dec 1, 2021
Sold by
Mcclure Lynn and Mcclure London Mills
Bought by
Folkens Ronald E and Folkens Anjanel M
Seller's Agent
Beth Herald
RE/MAX Choice
Buyer's Agent
Brian O'Kraski
eXp Realty, LLC
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$158,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,907
Avg. Annual Appreciation
5.80%
Original Mortgage
$65,000
Outstanding Balance
$17,202
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$140,545
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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Purchase History

Date Buyer Sale Price Title Company
Folkens Ronald E $125,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folkens Ronald E $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $125,000 -3.8% $109 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $129,900 -- $113 / 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 $3,265 $40,707 $3,313 $37,394
2022 $3,265 $34,178 $2,782 $31,396
2021 $2,031 $32,147 $2,617 $29,530
2020 $770 $31,226 $2,542 $28,684
2019 $764 $31,049 $2,528 $28,521
2018 $763 $31,049 $2,528 $28,521
2017 $758 $30,876 $2,514 $28,362
2016 $745 $30,876 $2,514 $28,362
2015 $747 $30,088 $2,450 $27,638
2014 $693 $30,088 $2,450 $27,638
2013 -- $30,088 $2,450 $27,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11248376

Midwest Real Estate Data (MRED)

APN: 12-24-102-003