NOT LISTED FOR SALE

506 S Chicago St Milford, IL 60953

Estimated Value: $41,787 - $96,000

1 Bed
1 Bath
594 Sq Ft
$98/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $38,000 $64 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $377/month

3 Days on Market

Highlights

  • Living Room
  • Bungalow
  • Central Air
  • Laundry Room
  • 1-Story Property
  • Dining Room

About This Home

As of September 2023

GREAT HOME FOR ENTRY LEVEL OWNERS, EMPTY NESTERS OR INVESTORS! Very clean with lots of updates. This is a one bedroom home with updated kitchen cabinets, bath and flooring. Full unfinished basement for storage. Laundry area is on back porch on the main level. Updated roof and vinyl siding. Move in ready! Why rent when you can buy this home at an affordable price.

Last Agent to Sell the Property

Tim Drollinger

RE/MAX REALTY ASSOCIATES-CHA License #471007983 Listed on: 07/28/2023

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Tim Drollinger

RE/MAX REALTY ASSOCIATES-CHA License #471007983 Listed on: 07/28/2023

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $285

Lot Details

  • Lot Dimensions are 55x110

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 594 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Milford Comm Consolidated Elementary And Middle School
  • Milford Comm Consolidated High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$285

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 594
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 594
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 594
  • Basement Sq Ft: 594
  • Total Sq Ft: 1188
  • Unfinished Basement Sq Ft: 594
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 594
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Foundation Details: Block
  • List Price: 37000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Gravel
  • Parking: Space/s
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Milford Comm Consolidated
  • High School: Milford Comm Consolidated
  • Middle/Junior School: Milford Comm Consolidated
  • Middle/Junior School District: 124

Lot Info

  • Lot Dimensions: 55X110
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 285
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2013
Sold by
Mann Eleanor M
Bought by
Mann Katharine M
Current Estimated Value
$58,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,800
Outstanding Balance
$5,825
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$36,836

Purchase Details

Closed on
Jul 18, 2013
Sold by
Gerlits Jay Richards
Source: Public Records

Range of Values:

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Average Value
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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
Mann Katharine M $30,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mann Katharine M $20,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $38,000 +2.7% $64 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $37,000 -- $62 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $734 $13,800 $1,210 $12,590
2023 $734 $9,880 $1,110 $8,770
2022 $377 $9,450 $1,060 $8,390
2021 $213 $8,080 $910 $7,170
2020 $215 $7,530 $850 $6,680
2019 $222 $7,280 $820 $6,460
2018 $228 $7,090 $800 $6,290
2017 $232 $6,970 $790 $6,180
2016 $234 $6,970 $790 $6,180
2015 $216 $6,880 $780 $6,100
2014 $216 $6,760 $770 $5,990
2013 $824 $7,050 $800 $6,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11845305

Midwest Real Estate Data (MRED)

APN: 33-15-436-005