NOT LISTED FOR SALE

505 S Main St Fairmount, IL 61841

Estimated Value: $46,000 - $111,000

2 Beds
1 Bath
980 Sq Ft
$71/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $34,000 $35 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $457/month

140 Days on Market

Highlights

  • Deck
  • 2.5 Car Detached Garage
  • Shed
  • Traditional Architecture
  • Front Porch
  • Hot Water Heating System

About This Home

As of July 2020

Cute 2 bedroom home in Fairmount. Large eat in Kitchen, updated bathroom, Beautiful hardwood floors under carpet. There is an oversized 2 1/2 car garage plus a newer 18 x 10 shed. The garage has a wood burning stove that will stay. Full unfinished basement. Large deck between back door and garage.

Last Agent to Sell the Property

Marvin Turner

RE/MAX ULTIMATE License #475125515 Listed on: 02/11/2020

RE/MAX ULTIMATE

Last Buyer's Agent

Marvin Turner

RE/MAX ULTIMATE License #475125515 Listed on: 02/11/2020

RE/MAX ULTIMATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1945

Lot Details

  • 8,618 Sq Ft Lot
  • Lot Dimensions are 69 x 132

Parking

  • 2.5 Car Detached Garage

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

  • Salt Fork South Campus Elementary School
  • Salt Fork Jr High - South Middle School
  • Salt Fork High School - North

Utilities

  • No Cooling
  • Hot Water Heating System
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 26-04-412-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Year Built

Built in 1945

Lot Details

8,618 Sq Ft Lot

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 980.0
  • Directions: Take Catlin Tilton Road to Fairmount, Turn South on Main to home..
  • Lot Size Acres: 0.2
  • Lot Size: 69 x 132
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Gravel
  • Building Stories: 1
  • Year Built: 1945
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Construction Type: Masonite
  • Exterior Features: Deck, Shed
  • Roof: Asphalt
  • Waterfront: No
  • Foundation Details: Basement
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch, Deck

Garage/Parking

  • Garage Spaces: 2.5
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Elementary School: Salt Fork South Campus
  • High School: Salt Fork High School - North
  • Middle Or Junior School: Salt Fork Jr High - South
  • Junior High Dist: Salt Fork CUSD 512

Lot Info

  • Lot Size Sq Ft: 8618.0
  • Parcel #: 26-04-412-012
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1298.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Jul 23, 2020
Sold by
Joseph Puzey
Bought by
Gates Matthew and Gates Lori K
Seller's Agent
Marvin Turner
RE/MAX ULTIMATE
Buyer's Agent
Marvin Turner
RE/MAX Ultimate
List Price
$39,900
Sold Price
$34,000
Premium/Discount to List
-$5,900
-14.79%
Current Estimated Value
$69,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,660
Avg. Annual Appreciation
13.61%
Original Mortgage
$27,200
Outstanding Balance
$24,713
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$44,947
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Gates Matthew $34,000 Acton & Snyder Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gates Matthew $27,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $34,000 -14.8% $35 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $39,900 -- $41 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $1,183 $18,739 $2,639 $16,100
2023 $1,183 $16,874 $2,376 $14,498
2022 $959 $15,199 $2,140 $13,059
2021 $933 $14,742 $2,076 $12,666
2020 $1,420 $14,742 $2,076 $12,666
2019 $1,367 $14,030 $1,976 $12,054
2018 $1,298 $13,292 $1,872 $11,420
2015 $524 $12,388 $1,745 $10,643
2014 $524 $11,970 $1,803 $10,167
2013 $524 $11,970 $1,803 $10,167
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marvin Turner

    RE/MAX

    233 Total Sales

    Marvin Turner
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6199277

APN: 26-04-412-012

Illinois Vermilion County Fairmount 61841

505 S Main St, Fairmount, IL

Not Listed for Sale

Detached

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