NOT LISTED FOR SALE

505 E Scott St Tuscola, IL 61953

Estimated Value: $74,122 - $136,000

2 Beds
2 Baths
751 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $48,500 $65 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $822/month

1 Day on Market

Highlights

  • Property is near a park
  • Community Pool
  • Formal Dining Room
  • Screened Porch
  • Tennis Courts
  • 1 Car Detached Garage

About This Home

As of August 2022

Nice starter home, investment property or retirement home on one of Tuscola's premier streets. Main level features large living room with gas log fireplace. Kitchen is leads to screened in patio in back. Two bedrooms and a full bath complete. The basement provides great additional living space and/or storage. Kitchenette and full bath located in basement with second family space. Deep back yard is home to detached garage. Many updates include roof and windows 2014, HVAC 2010 and water heater 2016.

Last Listed By

Randy Hastings

Hillard Agency- Tuscola License #471009277 Listed on: 07/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 74 x 148
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 751 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Range with Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Location

  • Property is near a park

Schools

  • Tuscola Elementary School
  • Tuscola Junior High School
  • Tuscola High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Tennis Courts
  • Community Pool

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$932

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1935
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: WAMSLEY & CANNONS ADDITION W1/2 NE & E 10' NW BLOCK 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 751
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 751
  • Assessed Sq Ft: 751
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 751
  • Basement Sq Ft: 751
  • Fireplace Location: Living Room
  • Total Sq Ft: 1502
  • Unfinished Basement Sq Ft: 751
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 751
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch Screened
  • List Price: 65000
  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Tuscola Elementary School
  • High School: Tuscola High School
  • Middle/Junior School: Tuscola Junior High School
  • Middle/Junior School District: 301

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 74 X 148
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 931.98
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Aug 24, 2022
Sold by
Kramer Earl L
Bought by
Shipley Paul L and Shipley Chaley E
Seller's Agent
Randy Hastings
Hillard Agency- Tuscola
Buyer's Agent
Randy Hastings
Hillard Agency- Tuscola
List Price
$65,000
Sold Price
$48,500
Premium/Discount to List
-$16,500
-25.38%
Total Days on Market
1
Current Estimated Value
$113,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,281
Avg. Annual Appreciation
38.28%

Range of Values:

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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
Shipley Paul L $47,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $48,500 -25.4% $65 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $65,000 -- $87 / 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
2023 $2,259 $35,863 $5,938 $29,925
2022 $815 $26,570 $5,864 $20,706
2021 $932 $25,089 $5,537 $19,552
2020 $876 $23,917 $5,278 $18,639
2019 $868 $23,917 $5,278 $18,639
2018 $905 $24,527 $5,627 $18,900
2015 $681 $20,789 $5,278 $15,511
2014 $681 $21,336 $5,278 $16,058
2013 $1,517 $27,255 $4,066 $23,189
2012 $1,517 $27,255 $4,066 $23,189
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11467667

Midwest Real Estate Data (MRED)

APN: 09-02-34-428-002