NOT LISTED FOR SALE

505 E Wabash Ave Rantoul, IL 61866

Estimated Value: $106,000 - $151,000

3 Beds
2 Baths
1,227 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $37,000 $30 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $923/month

Highlights

  • Fenced Yard
  • Patio
  • Bathroom on Main Level
  • 1.5 Car Detached Garage
  • Living Room
  • 1-Story Property

About This Home

As of September 2022

Add it to your investment portfolio or make it your own! With over 1200 square feet, this 3 bedroom, 2 bathroom home has tons of potential! You'll find great space and plenty of natural light in the living room as well as the separate family room with access to the backyard. The three spacious bedrooms each offer great closet space. You'll enjoy the opportunities outside in the partially fenced backyard featuring several mature shade trees! With good bones and endless possibilities, this one is just waiting for you to make it your own! Convenient location by Wabash Park. Sold as is.

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 08/16/2022

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 08/16/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 50x160
  • Fenced Yard

Parking

  • 1.5 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,227 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Crawl Space
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Rantoul Elementary School
  • Rantoul Junior High School
  • Rantoul Twp High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1947
  • Age: 71-80 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: LOT 10 BLOCK 40 SMITH'S, W.R., ADD - PT. VACATED -
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1227
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1227
  • Assessed Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Total Sq Ft: 1227
  • Basement Sq Ft: 0
  • Total Sq Ft: 1227
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1227
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 29900
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • 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
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rantoul Elementary School
  • High School: Rantoul Twp Hs
  • Middle/Junior School: Rantoul Junior High School
  • Middle/Junior School District: 137

Lot Info

  • Lot Dimensions: 50X160
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2416.76
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2007
Sold by
Burlew Ruth H
Bought by
Thomas Brandon W and Pruitt Rhonda L
Current Estimated Value
$126,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Outstanding Balance
$35,796
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$92,994
Source: Public Records

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
Thomas Brandon W $57,000 Allied
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Brandon W $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $37,000 +23.7% $30 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $29,900 -- $24 / 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 $2,816 $38,070 $5,160 $32,910
2023 $2,816 $33,960 $4,600 $29,360
2022 $2,568 $30,320 $4,110 $26,210
2021 $2,417 $28,310 $3,840 $24,470
2020 $2,218 $27,350 $3,710 $23,640
2019 $2,102 $26,270 $3,560 $22,710
2018 $2,199 $24,930 $3,380 $21,550
2017 $2,187 $24,220 $3,280 $20,940
2016 $2,144 $24,220 $3,280 $20,940
2015 $2,132 $24,220 $3,280 $20,940
2014 $2,097 $24,220 $3,280 $20,940
2013 $2,099 $24,760 $3,350 $21,410
Source: Public Records

Agents Affiliated with this Home

  • Ryan Dallas

    Seller's Agent in 2022

    Ryan Dallas

    RYAN DALLAS REAL ESTATE

    (217) 712-3853

    2,379 Total Sales

    Ryan Dallas
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11489270

Midwest Real Estate Data (MRED)

APN: 20-09-02-176-018

Illinois Champaign County Rantoul 61866

505 E Wabash Ave, Rantoul, IL

This home is located at 505 E Wabash Ave, Rantoul, IL 61866 since 16 August 2022 and is currently estimated at $126,333, approximately $102 per square foot. This property was built in 1947. 505 E Wabash Ave is a home located in Champaign County with nearby schools including Northview Elementary School, J.W. Eater Junior High School, and Rantoul Township High School.

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