NOT LISTED FOR SALE

507 E Elm St Canton, IL 61520

Estimated Value: $56,000 - $82,000

3 Beds
1 Bath
1,560 Sq Ft
$47/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $40,000 $26 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $552/month

74 Days on Market

Highlights

  • Porch
  • Garage
  • 2-minute walk to Lakeland Park

About This Home

As of November 2021

2 Homes For The Price of 1- Offered For Sale in Great Commercial or Rental Location on the Corner of North 5th Avenue & East Elm Streets! 507 East Elm w/ 17 x 11' Living Room, 15 x 11' Family Rms, 14 x 11' Eat-in Kitchen + 1 Bedroom on the Main Level & 2 Bedrooms + Spacious Landing on the Upper Level; Shingles were new in 2017; 40 Gal Gas Water Heater; Tempstar GFA Furnace; 100 Amp Breaker Box; 11 x 9' Bonus Room in the Back Side of the Home. 17 N 5th Avenue is included in this Package Transaction but is Not Available for Showings at this time until the Home is Vacated; Opportunities are Unlimited in This location as It's Close to Canton Square, Eateries, Shopping, Easy Access to Peoria, Canton Lake Area, Schools & Lewistown! Properties are Sold Strictly "As Is" with No Warranties, Updates, Improvements or Guarantees by the Owners. Sellers are Motivated & Time is Perfect to Consider These 2 Investment Homes!

Last Agent to Sell the Property

Susie McMillen

RE/MAX Traders Unlimited License #471011317 Listed on: 08/26/2021

RE/MAX Traders Unlimited

Last Buyer's Agent

Renee Lewis

Jim Maloof Realty, Inc. License #475143087

Home Details

Home Type

  • Single Family

Lot Details

  • 6,229

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property

Outdoor Features

  • Porch

Schools

  • Canton Elementary School

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: Lot 71 Barnes Jones Addition Ex N 46
  • Lvt Date: 08/26/2021
  • Year Built: 999
  • Conversion: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12.06x11.02, On Level: Main, Flooring: Carpet
  • Basement Foundation: Brick, Full, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11.06x15.03, On Level: Upper, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 12x11.03, On Level: Upper, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Family Room: Dimensions: 15.02x11.04, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 14.11x11.08, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: Dimensions: 18x10.07, On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 17.06x11.01, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 708
  • Additional Room 1: Dimensions: 11.01x6.1, On Level: Upper, Flooring: Carpet
  • Additional Room 2: Dimensions: 11.03x9.03, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 25.64
  • Finished Sq Ft: 1560
  • Total Sq Ft: 1560
  • Finished Main Level Sq Ft: 852
  • Upper Level Finished Sq Ft: 708

Exterior Features

  • Exterior Amenities: Porch
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Curbs & Gutters, Detached, Gravel, On Street Parking
  • Garage Yn: Yes

Utilities

  • Heating Cooling: Water Heater - Gas
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water
  • Utility Companies: Ameren

Schools

  • Elementary School: Canton

Lot Info

  • Estimated Lot Size: 78 x 82 & 79 x 44
  • Lot Description: Corner
  • Subdivision: Barnes & Jones
  • Additional Assessor Parcel Numbers: 09-08-26-312-027
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 2545.9
  • Parcel Id Number Tax Id: 09-08-26-312-028
  • Tax Year: 2020

MLS Schools

  • High School School District: Canton
  • Middle School: Canton

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $40,000 -46.6% $26 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $74,900 -- $48 / 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 $2,031 $20,290 $3,760 $16,530
2023 $2,031 $19,420 $3,600 $15,820
2022 $1,953 $19,420 $3,600 $15,820
2021 $1,953 $18,670 $3,460 $15,210
2020 $1,235 $17,870 $3,310 $14,560
2019 $823 $14,220 $3,360 $10,860
2018 $792 $13,950 $3,300 $10,650
2017 $1,382 $13,950 $3,300 $10,650
2016 $791 $13,740 $3,250 $10,490
2015 $730 $13,240 $3,130 $10,110
2013 -- $12,900 $3,050 $9,850
2012 -- $12,470 $2,950 $9,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1228272

RMLS Alliance

APN: 09-08-263-120-28