NOT LISTED FOR SALE

507 E Allen Ave Marion, IL 62959

Estimated Value: $42,000 - $49,000

2 Beds
1 Bath
1,576 Sq Ft
$29/Sq Ft Est. Value

Last Sold March 21, 2025

Last sale price $95,000 $60 Per Sq Ft

Current estimated payment $257/month

63 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Laundry Room
  • Washington Elementary School Rated A-
  • Living Room
  • 4-minute walk to Ashley Park

About This Home

As of March 2025

LOWER PRICE! Come take a look at this 2 bedroom, 1 bath home that would make a great starter home, retirement home or investment property. The home is located on two lots with a detached carport and a solid, fully enclosed workshop. It is located in a historic neighborhood just a few blocks from Marion's downtown square. A white picket fence borders the back of the property. Inside you will find the living room and dining room with beautiful hardwood flooring in excellent condition. The fireplace has not been used for the past 30+ years and is capped off. With a little work, the fireplace could be re-furbished to add more cozy charm to this solid, mid-century home. Wood interior plantation-style shutters are highlighted in the living room and master bedroom. The dining room has built in drawers for storage. The large kitchen has solid wood cabinets, appliances are included. There are two bedrooms, both with ample closet space, and one bathroom that includes a tub/shower combo. All doors are hardwood, including a hidden slide-out door for privacy between the common rooms and bedrooms. The closet doors are louvered hardwood. A large family room is at the back of the home which was added in the 1980's for additional space. Off of the family room is a large utility room with ample storage with washer and dryer included, which also supplies access to the attic for additional storage.

Last Agent to Sell the Property

Linda Dillow

House 2 Home Realty Carterville License #475.127547 Listed on: 12/14/2024

Last Buyer's Agent

GARY WOODARD

Farmer & Co. Real Estate License #475163320

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $625

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 100x134.8

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,576 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Basement Window Egress
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Marion High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$625

Year Built

Built in 1958

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: None
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 8 Blk 6 Plt 069 Parish Park Place Lot9 Blk 6 Plt 69 Parish Park Place
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1576
  • Other Equipment: Water Heater-Gas
  • Below Grade Bedrooms: 0
  • Dining Room: Separate

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Natural Gas
  • Water Source: Public

Schools

  • High School: Marion

Lot Info

  • Lot Dimensions: 100x134.8

Rental Info

  • Board Number: 30

Tax Info

  • Tax Annual Amount: 624.92
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Returning Vet,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Mar 18, 2025
Sold by
Tuma Cheryl
Bought by
Bunton Stacy Rebecca
Seller's Agent
Linda Dillow
House 2 Home Realty Carterville
Buyer's Agent
GARY WOODARD
Farmer & Co. Real Estate
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%
Views
107
Current Estimated Value
$45,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,500
Avg. Annual Appreciation
-52.11%
Original Mortgage
$90,250
Outstanding Balance
$89,434
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$43,934

Purchase Details

Closed on
Sep 20, 2018
Sold by
Beard Anita
Bought by
Beard Anita and Tuma Cheryl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bunton Stacy Rebecca $95,000 None Listed On Document
Beard Anita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunton Stacy Rebecca $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Sold $95,000 -20.8% $60 / Sq Ft
02/15/2025 02/15/25 Pending -- -- --
12/14/2024 12/14/24 For Sale $120,000 -- $76 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $218 $2,810 $2,810 $0
2024 $217 $2,810 $2,810 $0
2023 $218 $2,810 $2,810 $0
2022 $173 $2,480 $2,480 $0
2021 $169 $2,390 $2,390 $0
2020 $169 $2,260 $2,260 $0
2019 $172 $2,260 $2,260 $0
2018 $172 $2,260 $2,260 $0
2017 $169 $2,260 $2,260 $0
2015 $163 $2,140 $2,140 $0
2013 $139 $2,140 $2,140 $0
2012 $139 $2,140 $2,140 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4259191

Midwest Real Estate Data (MRED)

APN: 07-19-177-017

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