NOT LISTED FOR SALE

507 Forrest St Danville, IL 61832

Estimated Value: $59,000 - $76,000

2 Beds
1 Bath
1,058 Sq Ft
$62/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $27,000 $26 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $391/month

11 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Front Porch
  • Breakfast Area or Nook
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom

About This Home

As of February 2021

Don't overlook this cute ranch in south Danville conveniently located close to restaurants and the interstate! This economical 2 bedroom home has some kitchen updates, including laminate flooring, a fenced in yard, and 2-car garage. Sold as-is.

Last Agent to Sell the Property

Nate Byram

Coldwell Banker Real Estate Group License #471000476 Listed on: 12/17/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Nate Byram

Coldwell Banker Real Estate Group License #471000476 Listed on: 12/17/2020

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $889

Year Built

  • Built in 1971

Lot Details

  • 7,425 Sq Ft Lot
  • Lot Dimensions are 74.25x100
  • Fenced Yard
  • Fenced
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Masonite

Interior Spaces

  • 1,058 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Southwest Elementary School
  • Northridge/Southview Middle School
  • Danville High School

Utilities

  • Central Air
  • Heating Available
  • Gas Water Heater

Community Details

  • Russell Stewart & Gilberts Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-17-103-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$889

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 1058.0
  • Directions: From 74, Gilbert St. North exit, North on Gilbert for .8 mile, Left on 4th St, Right on Forrest
  • Lot Size Acres: 0.17
  • Lot Size: 74.25x100
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Gravel
  • Building Stories: 1
  • Subdivision Name: Russell Stewart & Gilberts Add
  • Year Built: 1971
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Area, Bath in Master Bedroom, Main Level Master
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Masonite
  • Exterior Features: Fence
  • Roof: Composition
  • Fencing: Yard Fenced
  • Waterfront: No
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Electric, Other
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Southwest
  • High School: Danville
  • Middle Or Junior School: Northridge/Southview
  • Junior High Dist: Danville District #118

Lot Info

  • Lot Size Sq Ft: 7425.0
  • Parcel #: 23-17-103-015
  • Zoning: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 889.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Vaughn Richard A
Bought by
Vaughn Properties Llc-Series Dt Properties
Current Estimated Value
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$274,084
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
-$213,751

Purchase Details

Listed on
Dec 17, 2020
Closed on
Feb 4, 2021
Sold by
First Financial Bank Na
Bought by
Vaughn Richard A
Seller's Agent
Nate Byram
Coldwell Banker Real Estate Group
Buyer's Agent
Nate Byram
Coldwell Banker Real Estate Group
List Price
$42,000
Sold Price
$27,000
Premium/Discount to List
-$15,000
-35.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.56%

Purchase Details

Closed on
Nov 13, 2020
Sold by
Biage Wendy Jo
Bought by
First Financial Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vaughn Properties Llc-Series Dt Properties -- --
Vaughn Richard A $27,000 --
First Financial Bank Na -- Evans Froehlich Beth & Chamley
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Properties Llc-Series D $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $27,000 -35.7% $26 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $42,000 -- $40 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $1,847 $20,429 $682 $19,747
2023 $1,847 $17,545 $586 $16,959
2022 $1,652 $15,535 $519 $15,016
2021 $1,577 $14,385 $481 $13,904
2020 $873 $13,899 $465 $13,434
2019 $889 $13,899 $465 $13,434
2018 $640 $13,830 $463 $13,367
2015 $887 $12,283 $411 $11,872
2014 $887 $12,283 $411 $11,872
2013 $887 $12,283 $411 $11,872
Source: Public Records

Agents Affiliated with this Home

  • Nate Byram

    Seller's Agent in 2021

    Nate Byram

    Coldwell Banker Real Estate Group

    (217) 474-0858

    11 in this area

    216 Total Sales

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6207271

APN: 23-17-103-015

Illinois Vermilion County Danville 61832

507 Forrest St, Danville, IL

This home is located at 507 Forrest St, Danville, IL 61832 since 17 December 2020 and is currently estimated at $65,333, approximately $61 per square foot. This property was built in 1971. 507 Forrest St is a home located in Vermilion County with nearby schools including Southwest Elementary School, South View Upper Elementary School, and Danville High School.

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