NOT LISTED FOR SALE

506 N Franklin St Danville, IL 61832

Estimated Value: $53,000 - $64,232

3 Beds
1 Bath
1,143 Sq Ft
$49/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $8,000 $7 Per Sq Ft

Est. 607% increase in value since last sale

Current estimated payment $370/month

26 Days on Market

Highlights

  • Forced Air Heating System
  • Asbestos
  • 1-Story Property

About This Home

As of July 2017

Attention Investors! Priced to sell. Newer furnace. Age of home, sq ft and room dimensions are approximate. Elementary School is East Park.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 10,019

Home Design

  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 1,143 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • S View 5-6 N Ridge 7-8 Middle School
  • Danville High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1143.0
  • Business Type: Other
  • Directions: Crossroad=W Williams,W Williams to Franklin, turn north to 506 on west side of Rd.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Other
  • Building Stories: 1
  • Year Built: 1930
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Stories: 1

Exterior Features

  • Construction Type: Asbestos
  • Roof: Asphalt
  • Waterfront: No
  • Foundation Details: Crawlspace

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • High School: Danville
  • Middle Or Junior School: S View 5-6 N Ridge 7-8
  • Junior High Dist: Other

Lot Info

  • Zoning: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 551.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jul 12, 2017
Sold by
Cindy Johnson
Bought by
Reincom Llc
List Price
$12,500
Sold Price
$8,000
Premium/Discount to List
-$4,500
-36%
Current Estimated Value
$56,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,558
Avg. Annual Appreciation
27.54%
Original Mortgage
$31,945
Outstanding Balance
$9,012
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$48,806
Source: Public Records

Range of Values:

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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
Reincom Llc $8,000 Barney Edwin C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reincom Llc $31,945
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $8,000 -36.0% $7 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $12,500 -- $11 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $744 $8,230 $2,492 $5,738
2023 $744 $7,068 $2,140 $4,928
2022 $666 $6,258 $1,895 $4,363
2021 $635 $5,795 $1,755 $4,040
2020 $619 $5,599 $1,696 $3,903
2019 $630 $5,599 $1,696 $3,903
2018 $612 $5,572 $1,688 $3,884
2015 $598 $4,949 $1,499 $3,450
2014 $598 $4,949 $1,499 $3,450
2013 $598 $4,949 $1,499 $3,450
Source: Public Records

Map

Source: Central Illinois Board of REALTORS®

MLS Number: D204278

APN: 23-05-317-011

Illinois Vermilion County Danville 61832

506 N Franklin St, Danville, IL

This home is located at 506 N Franklin St, Danville, IL 61832 since 02 June 2017 and is currently estimated at $56,558, approximately $49 per square foot. This property was built in 1930. 506 N Franklin St is a home located in Vermilion County with nearby schools including Mark Denman Elementary School, South View Upper Elementary School, and Danville High School.

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