NOT LISTED FOR SALE

506 E Locust St Normal, IL 61761

Innovation District Neighborhood

Estimated Value: $229,000 - $295,000

1 Bed
-- Bath
600 Sq Ft
$457/Sq Ft Est. Value

About This Home

This home is located at 506 E Locust St, Normal, IL 61761 and is currently estimated at $274,087, approximately $456 per square foot. 506 E Locust St is a home located in McLean County with nearby schools including Glenn Elementary School, Kingsley Junior High School, and Normal Community West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Sutter Adventura Properties Llc
Bought by
Ryan Marti
Current Estimated Value
$274,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$61,351
Interest Rate
5.99%
Mortgage Type
Construction
Estimated Equity
$212,736

Purchase Details

Closed on
Jan 2, 2021
Sold by
Sutter Dale Bruce and Sutter Carolyn A
Bought by
Sutter Adventura Properties Llc

Purchase Details

Closed on
Jul 21, 2011
Sold by
Johnson Alexander P and Johnson Angela R
Bought by
Sutter Dale B and Sutter Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.52%

Purchase Details

Closed on
May 10, 2007
Sold by
Bugg Todd E
Bought by
Johnson Alexander P and Johnson Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ryan Marti $240,000 None Listed On Document
Sutter Adventura Properties Llc -- None Listed On Document
Sutter Dale B $165,000 None Available
Johnson Alexander P $146,667 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Marti $240,000
Previous Owner Sutter Dale B $115,000
Previous Owner Johnson Alexander P $101,500
Source: Public Records

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 $4,620 $73,790 $16,823 $56,967
2022 $4,620 $51,434 $13,609 $37,825
2021 $4,463 $48,527 $12,840 $35,687
2020 $4,438 $48,023 $12,707 $35,316
2019 $4,288 $47,765 $12,639 $35,126
2018 $4,240 $47,259 $12,505 $34,754
2017 $4,089 $47,259 $12,505 $34,754
2016 $4,045 $47,259 $12,505 $34,754
2015 $3,935 $46,151 $12,212 $33,939
2014 $3,886 $46,151 $12,212 $33,939
2013 -- $46,151 $12,212 $33,939
Source: Public Records

Map

Illinois Mclean County Normal 61761 Innovation District

506 E Locust St, Normal, IL

Not Listed for Sale

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