NOT LISTED FOR SALE

505 E Main St Rochester, IL 62563

Estimated Value: $298,000 - $363,000

0.25 Acre
$1,339,759 Price per Acre
10,846 Sq Ft Lot

Last Sold September 20, 2018

Last sale price $60,000

Est. 456% increase in value since last sale

Current estimated payment $2,068/month

160 Days on Market

About This Lot

As of September 2018

Build your home on Main Street USA in the Heart of Rochester. There are 4 lots (66' x 165' each). May be purchased separately or together.

Last Agent to Sell the Property

Ronald Duff

RE/MAX Professionals License #471001747 Listed on: 03/14/2018

RE/MAX Professionals

Last Buyer's Agent

KATHY GARST

The Real Estate Group, Inc. License #475121251

The Real Estate Group, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $219

Lot Details

Schools

  • Rochester District #3A High School

Property Details

Property Type

Land

Est. Annual Taxes

$219

Lot Details

0

Listing Details

  • Class: Lots/Acres/Farms
  • Type: Lots
  • Legal Description: L 9 MAIN STREET ROCHESTER ORIGINAL TOWN
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Access: Paved

Utilities

  • Water Sewer: Public Sewer, Public Water
  • Utilities Available: Electricity/Lot Line, Natural Gas/Lot Line

Schools

  • High School: Rochester District #3A

Lot Info

  • Estimated Lot Size: 66' x 165'
  • Lot Description: Level, Timber/Full
  • Zoning: Residential
  • Total Number Of Lots: 1
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 219
  • Parcel Id Number Tax Id: 23150327002
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Masson Alfonso and Masson Karla I
Bought by
Arras Saul
Current Estimated Value
$333,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,297
Outstanding Balance
$277,211
Interest Rate
5.75%
Mortgage Type
VA
Estimated Equity
$56,389

Purchase Details

Listed on
Mar 14, 2018
Closed on
Sep 18, 2018
Sold by
Weistart James R
Bought by
Fuhrmann Gina
Seller's Agent
Ronald Duff
RE/MAX Professionals
Buyer's Agent
KATHY GARST
The Real Estate Group, Inc.
List Price
$28,000
Sold Price
$60,000
Premium/Discount to List
$32,000
114.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.29%

Purchase Details

Closed on
Jan 28, 2008

Purchase Details

Closed on
Jun 18, 1999
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
Arras Saul $288,500 --
Fuhrmann Gina $60,000 Fernandes David A
-- $10,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arras Saul $288,297
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $60,000 +114.3% --
08/21/2018 08/21/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $28,000 -- --
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 -- $106,845 $8,602 $98,243
2023 $1,131 $101,487 $8,171 $93,316
2022 $5,066 $73,860 $7,737 $66,123
2021 $5,303 $70,910 $7,428 $63,482
2020 $3,931 $52,831 $7,483 $45,348
2019 $1,542 $21,250 $7,532 $13,718
2018 $542 $7,411 $7,411 $0
2017 $219 $3,002 $3,002 $0
2016 $212 $2,904 $2,904 $0
2015 $211 $2,878 $2,878 $0
2014 $210 $2,857 $2,857 $0
2013 $207 $2,824 $2,824 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ronald Duff

    RE/MAX Professionals

    Ronald Duff
    Section Image
  • KATHY GARST

    Buyer's Agent in 2018

    KATHY GARST

    The Real Estate Group, Inc.

    (217) 306-6063

    79 in this area

    767 Total Sales

    KATHY GARST
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA181490

RMLS Alliance

APN: 23-15.0-327-002

Illinois Sangamon County Rochester 62563

505 E Main St, Rochester, IL

Not Listed for Sale

Lots

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