$159,000
SOLD MAY 10, 2013

505 N Fairground Way Elmwood, IL 61529

6 Beds
4 Baths
3,188 Sq Ft
0.57 Acres

Recently Sold

$50 Per Sq Ft

26% Below List Price

177 Days on Market

Highlights

  • Porch
  • Patio
  • Garage

About This Home

As of September 2024

This property subject to First Look Initiative until 10/11/12. Beautiful 6 bedroom 2 story home with 4 full baths and 2 half baths. Two walk-in closets and laundry on main and upper. Finished basement with family room, den, bedroom, possible 2nd kitchen and 1 1/2 baths. New vinyl in basement and freshly painted. Large yard, patio and 2 car garage. "Sold As Is"

Last Agent to Sell the Property

Renee Lewis

Jim Maloof Realty, Inc. License #475143087 Listed on: 09/25/2012

Last Buyer's Agent

Michaeline Harrison

Jim Maloof Realty, Inc. License #475083736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,850

Year Built

  • Built in 2005

Parking

  • Garage

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,850

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: NW 1/4 SEC 8-9N-5E LOT 28
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Gas Logs, Living Room
  • Interior Amenities: Cable Tv Available
  • Number Fireplaces: 1
  • Total Bathrooms: 6
  • Total Full Baths: 4
  • Number of Full Bathrooms in the Basement: 1
  • Total Half Baths: 2
  • Number of Half Bathrooms in the Basement: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 6
  • Master Bedroom: Dimensions: 13x16, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Finished, Full
  • Master Bedroom Egress Window: Yes
  • Bedroom 2: Dimensions: 12x13, On Level: Upper, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 10x11, On Level: Upper, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 11x13, On Level: Upper, Flooring: Carpet
  • Bedroom 4 Egress Window: Yes
  • Bedroom 5: Dimensions: 11x13, On Level: Upper, Flooring: Carpet
  • Bedroom 5 Egress Window: Yes
  • Den: Dimensions: 6x11, On Level: Basement, Flooring: Vinyl
  • Family Room: Dimensions: 19x12, On Level: Basement, Flooring: Vinyl
  • Formal Dining Room: Dimensions: 11x13, On Level: Main, Flooring: Carpet
  • Informal Dining Room: Dimensions: 12x13, On Level: Main, Flooring: Vinyl
  • Kitchen: Dimensions: 11x3, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Breakfast Bar, Dining Formal, Dining Informal
  • Laundry: Dimensions: 8x6, On Level: Upper, Flooring: Vinyl
  • Living Room: Dimensions: 13x16, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 844
  • Total Basement Sq Ft: 884
  • Additional Room 1: Dimensions: 11x12, On Level: Basement, Flooring: Vinyl
  • Additional Room 2: Dimensions: 9x12, On Level: Basement, Flooring: Vinyl
  • Price Per Sq Ft: 67.83
  • Finished Sq Ft: 3188
  • Total Sq Ft: 2344
  • Finished Main Level Sq Ft: 884
  • Upper Level Finished Sq Ft: 1460

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Patio, Porch
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer

Schools

  • High School: Elmwood

Lot Info

  • Estimated Lot Size: .57
  • Estimated Number of Acres: 0.57
  • Lot Description: Corner, Level
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 5849.78
  • Parcel Id Number Tax Id: 11-08-131-008
  • Tax Year: 2011

MLS Schools

  • High School School District: Elmwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2024
Closed on
Sep 13, 2024
Sold by
Stroemer Dane Allen and Stroemer Danielle
Bought by
Moss Tyler J
Seller's Agent
Alexander Alvey
eXp Realty
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$219,900
Sold Price
$202,000
Premium/Discount to List
-$17,900
-8.14%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$161,600
Outstanding Balance
$140,851
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$79,764

Purchase Details

Listed on
Sep 25, 2012
Closed on
Mar 28, 2013
Bought by
Stromer Dane A and Stroemer Danielle
Seller's Agent
Renee Lewis
Jim Maloof Realty, Inc.
Buyer's Agent
Michaeline Harrison
Jim Maloof Realty, Inc.
List Price
$215,100
Sold Price
$159,000
Premium/Discount to List
-$56,100
-26.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $202,000 None Listed On Document
Deed $159,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $161,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $289,900 -3.3% $114 / Sq Ft
07/14/2025 07/14/25 For Sale $299,900 +48.5% $118 / Sq Ft
09/13/2024 09/13/24 Sold $202,000 -6.0% $63 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $214,900 -2.3% $67 / Sq Ft
07/21/2024 07/21/24 For Sale $219,900 +38.3% $68 / Sq Ft
05/10/2013 05/10/13 Sold $159,000 -26.1% $50 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
09/25/2012 09/25/12 For Sale $215,100 -- $67 / Sq Ft
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 $6,419 $75,600 $11,960 $63,640
2023 $6,001 $71,320 $11,280 $60,040
2022 $5,633 $66,660 $10,510 $56,150
2021 $5,624 $66,000 $10,410 $55,590
2020 $5,904 $68,040 $10,730 $57,310
2019 $5,785 $66,710 $10,520 $56,190
2018 $6,429 $73,660 $11,180 $62,480
2017 $6,160 $70,150 $10,650 $59,500
2016 $5,754 $68,110 $10,340 $57,770
2015 $5,561 $68,790 $10,440 $58,350
2014 $5,460 $67,690 $10,180 $57,510
2013 -- $66,040 $9,930 $56,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1138924

RMLS Alliance

APN: 11-08-131-008