NOT LISTED FOR SALE

507 E Vorey St Heyworth, IL 61745

Estimated Value: $128,000 - $154,000

5 Beds
3 Baths
-- Sq Ft
0.53 Acres

Last Sold August 31, 2023

Last sale price $120,000

Est. 20% increase in value since last sale

Current estimated payment $994/month

5 Days on Market

Highlights

  • Stream or River on Lot
  • Porch
  • Shed
  • Traditional Architecture
  • Patio
  • Forced Air Heating System

About This Home

As of August 2023

This is a great opportunity to an investment in Heyworth! Whether you would rent both units out or keep one for yourself. The upstairs unit has three bedrooms and one full bathroom, and a large living room with a sliding glass door. There is also the main entrance which would make a great dining room and the kitchen. Enjoy grilling out or enjoying your morning coffee on the fully wrap around porch. In the lower unit there are two bedrooms and a full bathroom. The laundry room as has a half bathroom. The living room also has a sliding glass door in this unit. There are two storage sheds on the property for each tenant as well as two separate driveways. The yard is enormous and backs up to a creek. There is a large garden as well. There are so many possibilities, make it your own today!

Last Agent to Sell the Property

McKenzie Sylvester

RE/MAX Rising License #475169463 Listed on: 08/04/2023

RE/MAX Rising

Last Buyer's Agent

Mike Hutson

RE/MAX Rising License #471020499

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 1967

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 112x240x130x176
  • Irregular Lot

Home Design

  • Traditional Architecture
  • Converted Dwelling
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms
  • Dual Sinks

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Stream or River on Lot
  • Patio
  • Shed
  • Porch

Schools

  • Heyworth Elementary School
  • Heyworth Jr High Middle School
  • Heyworth High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,420

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Block
  • List Price: 120000
  • Lot Features: Irregular Lot, Stream(s)
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Conversion YN: Y

Schools

  • Elementary School: Heyworth Elementary
  • High School: Heyworth High School
  • Middle/Junior School: Heyworth Jr High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.53
  • Lot Dimensions: 112X240X130X176
  • Zoning: SINGL
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 2420.14
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Aug 31, 2023
Sold by
Swearingen Margaret F Snow and Brensberger Nancy
Bought by
Dailey Heather R
Seller's Agent
McKenzie Sylvester
RE/MAX Rising
Buyer's Agent
Mike Hutson
RE/MAX Rising
List Price
$120,000
Sold Price
$120,000
Views
18
Current Estimated Value
$144,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,598
Avg. Annual Appreciation
7.26%
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
Dailey Heather R $120,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $120,000 0.0% --
08/10/2023 08/10/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $120,000 -- --
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 $2,420 $35,080 $5,378 $29,702
2022 $2,420 $27,552 $2,671 $24,881
2021 $2,372 $26,429 $2,562 $23,867
2020 $2,367 $26,071 $2,527 $23,544
2019 $2,348 $25,885 $2,509 $23,376
2018 $2,354 $25,885 $2,509 $23,376
2017 $2,317 $25,682 $2,489 $23,193
2016 $2,304 $25,682 $2,489 $23,193
2015 $2,251 $24,886 $2,412 $22,474
2014 $2,227 $24,886 $2,412 $22,474
2013 -- $24,886 $2,412 $22,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11850814

Midwest Real Estate Data (MRED)

APN: 28-34-328-016