NOT LISTED FOR SALE

507 W Madison St Metamora, IL 61548

Estimated Value: $181,000 - $202,000

2 Beds
1.5 Baths
1,488 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $175,000 $118 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,161/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Porch
  • Metamora Grade School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of May 2023

You will feel so at home in this beautiful, 2 BR spacious brick ranch! The welcoming living room warmly greets you complete with huge front window, newer carpet, and gas log fireplace. Hardwood floors adorn the dining area and all Kitchen appliances remain for new owners. Huge laundry room off of 2 stall garage doubles as mudroom & allows for extra pantry space/storage and includes conveniently located half bath. Primary BR boasts lots of daylight with great walk-in closet. Lovely hallway built-in’s & full bath was nicely updated in ‘20. Generous sized backyard with landscaping galore (just wait a few weeks!) featuring 100’s of bulb plants, hostas, ornamental grasses, and shrubs/trees selected and planted with tremendous care; plus a deck perfect for enjoying the outdoors. Driveway resurfaced ‘21, new dishwasher ‘21, water heater ‘17, newer gutter guards. Radiator in garage currently turned off but works. Don’t miss your opportunity for this meticulously maintained Metamora home!

Last Agent to Sell the Property

Ryan Blackorby

Jim Maloof Realty, Inc. License #471009786 Listed on: 03/23/2023

Jim Maloof Realty, Inc.

Last Buyer's Agent

Holly LaHood

RE/MAX Traders Unlimited License #475140916

RE/MAX Traders Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,732

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Metamora High School

Utilities

  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ben Schierer Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 09-17-302-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,732

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1954
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 117.61
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Hood/Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Garage Door Opener(s)
  • Living Area: 1488
  • TotalBasementSqFt: 0
  • KitchenDining: Dining Informal

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Brick
  • Exterior Features: Deck, Porch, Shed(s)
  • Roof: Shingle
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Gas, Hot Water, Central Air
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 2
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No
  • CondoProject: N/A

Schools

  • High School: Metamora

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 100x150
  • Additional Parcels Description: N/A
  • Parcel #: 09-17-302-003
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3732.3
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 5, 2023
Sold by
Winkler Matthew and Winkler Paula
Bought by
Adams Robert and Adams Donna
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Holly LaHood
RE/MAX Traders Unlimited
List Price
$164,000
Sold Price
$175,000
Premium/Discount to List
$11,000
6.71%
Views
19
Current Estimated Value
$192,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,677
Avg. Annual Appreciation
4.51%
Original Mortgage
$171,000
Outstanding Balance
$167,143
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
$26,523
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
Adams Robert $180,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Robert $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $175,000 +6.7% $118 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $164,000 +19.1% $110 / Sq Ft
09/20/2016 09/20/16 Sold $137,655 -5.0% $85 / Sq Ft
08/21/2016 08/21/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $144,900 -- $89 / 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 -- $54,006 $9,653 $44,353
2023 $1,342 $49,652 $8,875 $40,777
2022 $3,732 $46,047 $8,231 $37,816
2021 $3,667 $45,358 $8,108 $37,250
2020 $3,612 $44,954 $8,036 $36,918
2019 $3,603 $46,440 $8,302 $38,138
2018 $3,644 $46,163 $8,252 $37,911
2017 $3,626 $46,163 $8,252 $37,911
2016 $3,629 $45,706 $8,170 $37,536
2015 $1,730 $44,289 $7,917 $36,372
2014 $1,730 $43,104 $7,705 $35,399
2013 $1,730 $43,412 $7,760 $35,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1241192

RMLS Alliance

APN: 09-17-302-003