NOT LISTED FOR SALE

507 E Wood St Colfax, IL 61728

Estimated Value: $210,000 - $261,549

2 Beds
1 Bath
2,052 Sq Ft
$117/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $92,000 $45 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,696/month

215 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Garage
  • Fenced Yard
  • Shed

About This Home

As of June 2019

TRULY UNIQUE PROPERTY! SPACIOUS 2 BEDROOM 2 BATH HOME ON LARGE FENCED LOT. 2 CAR DETACHED GARAGE AND A DETACHED 6 CAR GARAGE!! SO MANY USES FOR THIS PROPERTY! ALSO INCLUDES 2 SMALLER OUTBUILDINGS. This is a Fannie Mae Property All room sizes are approximate and not warranted

Last Agent to Sell the Property

Regina Reed

Century 21 Lincoln National Re License #475135839 Listed on: 09/30/2018

Century 21 Lincoln National Re

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,137

Year Built

  • Built in 1900

Lot Details

  • 0.6

Parking

  • Garage

Home Design

  • Ranch Style House

Outdoor Features

  • Patio
  • Shed
  • Outbuilding

Additional Features

  • 1 Full Bathroom
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,137

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: WOOD'S 1ST ADD TO WOODLAWN LOTS 10,11,12 & 13 BLK
  • Lvt Date: 10/02/2018
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Inoperable, Living Room
  • Number Fireplaces: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 14x12, On Level: Main, Flooring: Other
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 12x11
  • Kitchen: Dimensions: 11x9, On Level: Main, Flooring: Other
  • Kitchen Dining: Dining/Living Combo
  • Living Room: Dimensions: 20x10, On Level: Main
  • Price Per Sq Ft: 44.83
  • Finished Sq Ft: 2052
  • Total Sq Ft: 2052
  • Finished Main Level Sq Ft: 2052

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Fenced Yard, Outbuilding(s), Patio, Shed
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, On Street Parking
  • Garage Yn: Yes
  • Number Cars: 8

Utilities

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

Lot Info

  • Estimated Lot Size: .6
  • Estimated Number of Acres: 0.6
  • Lot Description: Corner, Level
  • Subdivision: Unavailable
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 4137.4
  • Parcel Id Number Tax Id: 17-02-304-013
  • Tax Year: 2017

MLS Schools

  • High School School District: Ridgeview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2018
Closed on
May 21, 2019
Sold by
Federal National Mortgage Association
Bought by
Martin Gary
Seller's Agent
Regina Reed
Century 21 Lincoln National Re
Buyer's Agent
NON MLS
NON-MLS QCAR
List Price
$125,000
Sold Price
$92,000
Premium/Discount to List
-$33,000
-26.4%
Current Estimated Value
$233,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,217
Avg. Annual Appreciation
15.60%
Original Mortgage
$90,333
Outstanding Balance
$79,292
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$159,845

Purchase Details

Closed on
Jun 29, 2018
Sold by
White Shirley L and White John R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 28, 2008
Sold by
White John R
Bought by
White John R and White Shirley L
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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Purchase History

Date Buyer Sale Price Title Company
Martin Gary $92,000 Attorney
Federal National Mortgage Association -- Attorney
White John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Gary $90,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $92,000 -2.1% $45 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $94,000 -6.0% $46 / Sq Ft
02/28/2019 02/28/19 Price Changed $100,000 -13.0% $49 / Sq Ft
02/22/2019 02/22/19 Price Changed $115,000 -4.2% $56 / Sq Ft
12/26/2018 12/26/18 Price Changed $120,000 -4.0% $58 / Sq Ft
09/30/2018 09/30/18 For Sale $125,000 -- $61 / 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 $5,713 $81,674 $2,281 $79,393
2022 $5,713 $66,608 $1,860 $64,748
2021 $5,360 $63,022 $1,760 $61,262
2020 $5,260 $61,659 $1,722 $59,937
2019 $5,830 $61,659 $1,722 $59,937
2018 $4,463 $59,713 $1,668 $58,045
2017 $4,137 $58,256 $1,627 $56,629
2016 $2,585 $57,571 $1,608 $55,963
2015 $4,147 $58,866 $1,644 $57,222
2014 $3,984 $58,434 $1,632 $56,802
2013 -- $61,763 $1,725 $60,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1198803

RMLS Alliance

APN: 17-02-304-013