NOT LISTED FOR SALE

505 E Johnson Ave Decatur, IL 62526

Martin Luther King Neighborhood

Estimated Value: $39,000 - $80,000

2 Beds
1 Bath
884 Sq Ft
$61/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2024

Last sale price $17,500 $20 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $358 / mo

12 Days on Market

Highlights

  • 2 Car Detached Garage
  • Heating System Uses Gas
  • 1-Story Property
  • Central Air

About This Home

As of May 2024

Value-Add Single Family Home. 2 bedroom, 1 bathroom home on a full basement. Roof is tarped, an active leak inside in living room. House offers a good sized lot & detached 2 car garage. Cash offers only! Being sold As Is!

Last Agent to Sell the Property

Austin Deaton

Brinkoetter REALTORS® License #475198953 Listed on: 04/26/2024

Last Buyer's Agent

Non Member

Central Illinois Board of REALTORS License ##N/A

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned MUN

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04-12-11-106-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$691

Year Built

Built in 1925

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 884.0
  • Directions: Martin Luther King Jr Dr. to E Johnson
  • Lot Size Acres: 0.16
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Year Built: 1925
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 884.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Refrigerator
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Main Level Primary
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Aluminum Siding
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Decatur Dist 61

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 04-12-11-106-007
  • Zoning: MUN
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 691.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Bought by
Current Estimated Value
$53,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,248
Outstanding Balance
$206,335
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$152,668

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 22, 2024
Sold by
Bought by
Seller's Agent
Austin Deaton
Brinkoetter REALTORS®
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$23,000
Sold Price
$17,500
Premium/Discount to List
-$5,500
-23.91%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.20%

Purchase Details

Listed on
Apr 26, 2024
Closed on
Apr 18, 2024
Sold by
Bought by
Seller's Agent
Austin Deaton
Brinkoetter REALTORS®
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$23,000
Sold Price
$17,500
Premium/Discount to List
-$5,500
-23.91%
Views
50
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Martin Luther King, IL

  • Renee Sommer Real Estate Agent - County Line Realty

    Renee Sommer

    County Line Realty

    (217) 859-8732

    145 Total Sales

    2 in Martin Luther King

    $7,500 Price Range

    Renee Sommer
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  • The Key Team . Real Estate Agent - Brinkoetter & Associates

    The Key Team .

    Brinkoetter & Associates

    (855) 768-6562

    633 Total Sales

    1 in Martin Luther King

    $50,000 Price

    The Key Team .
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  • Tonya Feller Real Estate Agent - Glenda Williamson Realty

    Tonya Feller

    Responds Quickly

    Glenda Williamson Realty

    (217) 859-8058

    168 Total Sales

    1 in Martin Luther King

    $12,035 Price

    Tonya Feller
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  • Jim Cleveland Real Estate Agent - RE/MAX Executives Plus

    Jim Cleveland

    Responds Quickly

    RE/MAX Executives Plus

    (217) 859-8516

    457 Total Sales

    1 in Martin Luther King

    $23,104 Price

    Jim Cleveland
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  • Jillian Williams Real Estate Agent - Main Place Real Estate

    Jillian Williams

    Main Place Real Estate

    (217) 615-5822

    157 Total Sales

    5 in Martin Luther King

    $8K - $132K Price Range

    Jillian Williams
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  • Amanda Good Real Estate Agent - Mtz Realty Services

    Amanda Good

    Mtz Realty Services

    (217) 859-8110

    236 Total Sales

    5 in Martin Luther King

    $9K - $625K Price Range

    Amanda Good
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$17,500 None Listed On Document
$7,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $211,248
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $17,500 -23.9% $20 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $23,000 -- $26 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $753 $8,073 $425 $7,648
2024 $729 $7,526 $396 $7,130
2023 $723 $7,260 $382 $6,878
2022 $691 $6,754 $390 $6,364
2021 $649 $6,309 $365 $5,944
2020 $640 $6,017 $349 $5,668
2019 $640 $6,017 $349 $5,668
2018 $685 $6,518 $199 $6,319
2017 $701 $6,692 $204 $6,488
2016 $714 $6,760 $206 $6,554
2015 $679 $6,640 $202 $6,438
2014 $630 $6,574 $200 $6,374
2013 $651 $6,820 $207 $6,613
Source: Public Records

Agents Affiliated with this Home

  • Austin Deaton Real Estate Agent - Brinkoetter REALTORS®

    Seller's Agent in 2024

    Austin Deaton

    Brinkoetter REALTORS®

    (217) 620-1843

    2 in this area

    224 Total Sales

    Austin Deaton
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Central Illinois Board of REALTORS

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6241365

APN: 04-12-11-106-007

Illinois Macon County Decatur 62526 Martin Luther King

505 E Johnson Ave, Decatur, IL

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