NOT LISTED FOR SALE

506 E Locust St Normal, IL 61761

Innovation District Neighborhood

Estimated Value: $243,000 - $358,000

1 Bed
-- Bath
600 Sq Ft
$484/Sq Ft Est. Value

About This Home

This home is located at 506 E Locust St, Normal, IL 61761 and is currently estimated at $290,279, approximately $483 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Bought by
Current Estimated Value
$290,279

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
Interest Rate
5.99%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 2, 2021
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 2011
Sold by
Bought by

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
Bought by

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 None Listed On Document
-- None Listed On Document
$165,000 None Available
$146,667 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $240,000
Previous Owner $115,000
Previous Owner $101,500
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,991 $80,535 $18,361 $62,174
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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.