NOT LISTED FOR SALE

506 State Route 26 Lacon, IL 61540

Estimated Value: $358,000 - $400,000

4 Beds
2 Baths
3,252 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $226,000 $69 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,545/month

46 Days on Market

Highlights

  • Deck
  • Wet Bar
  • Garage
  • Ranch Style House

About This Home

As of June 2013

Stunning 3-4 bedroom brick ranch nestled on approximately 5 acres. Beautiful landscaped yard. Fireplace in living room. 2nd kitchen,Wet bar, 4th bedroom,recreation and family rooms in full basement.Home with own sewer system. 30x32 Morton building. New furnace '02, windows '09, A/C '02, water pump '03, sewer system '09, roof and gutters '05. Heated 4 seasons room with walk out to Pergola.

Last Agent to Sell the Property

Dawn Meierkord

Century 21 Lincoln National Realty License #475132116 Listed on: 03/13/2013

Last Buyer's Agent

Janet Rosecrans

Jim Maloof Realty, Inc. License #475123470

Jim Maloof Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,003

Year Built

  • Built in 1977

Lot Details

  • 5

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Wet Bar
  • Wired For Sound

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Well
  • Not Connected to Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,003

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: S12 T29 R3W PT W 1/2 NW 1/4
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Hood/Fan, Microwave Oven, Refrigerator, Range/Oven, Water Softener - Rented
  • Fireplace: Wood Burning, Living Room
  • Interior Amenities: Garage Door Opener(s), Wet Bar, Surround Sound Wiring
  • Number Fireplaces: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 2
  • Total Half Baths: 1
  • Number of Half Bathrooms in the Basement: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 11x13, On Level: Main, Flooring: Carpet
  • Basement Foundation: Full
  • Bedroom 2: Dimensions: 11x10, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x10, On Level: Main, Flooring: Carpet
  • Bedroom 4: Dimensions: 10x12, On Level: Basement, Flooring: Carpet
  • Family Room: Dimensions: 14x13, On Level: Basement, Flooring: Carpet
  • Informal Dining Room: Dimensions: 14x15, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 13x14, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Breakfast Bar, Dining Formal, Island, Pantry
  • Laundry: Dimensions: 13x11, On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 18x13, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 1400
  • Rec Room: Dimensions: 14x13, On Level: Basement, Flooring: Carpet
  • Total Basement Sq Ft: 1600
  • Additional Room 1: Dimensions: 12x21, On Level: Main, Flooring: Carpet
  • Additional Room 2: Dimensions: 14x13, On Level: Basement, Flooring: Carpet
  • Price Per Sq Ft: 122.03
  • Finished Sq Ft: 3252
  • Total Sq Ft: 1852
  • Finished Main Level Sq Ft: 1852

Exterior Features

  • Exterior: Brick
  • Exterior Amenities: Deck, Outbuilding(s)
  • Road Access: Gravel, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, Heated
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

  • Heating Cooling: Propane, Forced Air, Propane Tank - Lease, Central Air, Whole House Fan, Window Unit, Other Mechanics
  • Utilities On: Yes
  • Water Sewer: Private Well, Sewer Not Connected

Schools

  • High School: Midland

Lot Info

  • Estimated Lot Size: 543x390x551x390
  • Estimated Number of Acres: 5
  • Lot Description: Level, Wooded
  • Subdivision: Rural
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 4002.64
  • Parcel Id Number Tax Id: 11-12-101-001
  • Tax Year: 2011

MLS Schools

  • High School School District: Midland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
Jun 14, 2013
Sold by
Cochran Jeffrey L and Cochran Terese A
Bought by
Gross Michael James and Gross Amanda L
Seller's Agent
Dawn Meierkord
Century 21 Lincoln National Realty
Buyer's Agent
Janet Rosecrans
Jim Maloof Realty, Inc.
List Price
$238,000
Sold Price
$226,000
Premium/Discount to List
-$12,000
-5.04%
Current Estimated Value
$362,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,691
Avg. Annual Appreciation
3.93%
Original Mortgage
$180,800
Outstanding Balance
$130,083
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$230,809
Source: Public Records

Range of Values:

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Average Value
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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
Gross Michael James -- --
Gross Michael James $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Michael James $180,800
Closed Gross Michael James $180,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2013 06/14/13 Sold $226,000 -5.0% $69 / Sq Ft
04/28/2013 04/28/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $238,000 -- $73 / Sq Ft
Source: RMLS Alliance

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 $6,501 $96,446 $6,645 $89,801
2023 $6,501 $88,564 $6,102 $82,462
2022 $5,801 $80,156 $5,523 $74,633
2021 $5,390 $74,288 $5,119 $69,169
2020 $5,292 $71,706 $4,941 $66,765
2019 $5,433 $70,821 $4,880 $65,941
2018 $5,485 $70,821 $4,880 $65,941
2017 $5,822 $72,267 $4,980 $67,287
2016 $5,822 $73,839 $5,088 $68,751
2014 -- $73,495 $5,064 $68,431
2013 -- $72,203 $4,975 $67,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1142335

RMLS Alliance

APN: 11-12-101-001