NOT LISTED FOR SALE

507 Main St Ruma, IL 62278

Estimated Value: $96,746 - $203,000

Studio
-- Bath
-- Sq Ft
54,886 Sq Ft Lot

About This Home

This home is located at 507 Main St, Ruma, IL 62278 and is currently estimated at $168,187. 507 Main St is a home located in Randolph County with nearby schools including Red Bud Elementary School, Red Bud High School, and St. Johns Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Stobbs John D
Bought by
Wallace Joseph E and Wallace Misty M
Current Estimated Value
$168,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$43,095
Interest Rate
7.95%
Mortgage Type
New Conventional
Estimated Equity
$125,092

Purchase Details

Closed on
May 3, 2022
Sold by
Stobbs John D
Bought by
Stobbs John D

Purchase Details

Closed on
Jan 11, 2018
Sold by
Wright Trust
Bought by
Stobbs John David and Stobbs Chynna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,300
Interest Rate
5.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wallace Joseph E $80,000 None Listed On Document
Stobbs John D -- Cooper Gilbreth & Doyle Law Of
Stobbs John David $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Joseph E $72,000
Previous Owner Stobbs John David $42,300
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 $1,238 $28,625 $3,840 $24,785
2022 $1,021 $24,980 $3,350 $21,630
2021 $980 $23,915 $3,205 $20,710
2020 $1,006 $24,497 $3,283 $21,214
2019 $1,008 $22,240 $2,980 $19,260
2018 $1,316 $24,519 $3,285 $21,234
2017 $1,217 $21,285 $2,850 $18,435
2016 $1,136 $20,640 $2,765 $17,875
2015 $1,137 $20,335 $2,725 $17,610
2014 $1,137 $20,790 $2,785 $18,005
2013 $1,118 $20,790 $2,785 $18,005
Source: Public Records

Map

Illinois Randolph County Ruma 62278

507 Main St, Ruma, IL

Not Listed for Sale

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