NOT LISTED FOR SALE

508 7th St La Salle, IL 61301

Estimated Value: $108,000 - $140,000

2 Beds
2 Baths
1,250 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $118,000 $94 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $785/month

82 Days on Market

About This Home

As of July 2024

Explore the potential of this 2-bedroom, 2-bath home that offers a comfortable living space on a coveted corner lot. Being sold as is, this property is ready for your personal touch and creative vision. Don't miss this unique opportunity - schedule a showing today!

Last Agent to Sell the Property

Tammy Barry

Homesmart Realty Group IL License #475168055 Listed on: 02/29/2024

Homesmart Realty Group IL

Co-Listed By

Esmeralda Avila

Heritage Select Realty License #471022483

Last Buyer's Agent

Cynthia Howe Gajewski

Beyond Properties Realty Group License #475121010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,810

Year Built

  • Built in 1898

Lot Details

  • Lot Dimensions are 60x60

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Schools

  • La Salle-Peru Twp High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,810

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1250
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 4
  • ParkingTotal: 4
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: La Salle-Peru Twp High School

Lot Info

  • Lot Dimensions: 60X60
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2810
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Jul 15, 2024
Sold by
Pasillas Luis Giovanni
Bought by
Mcneal Ronald and Mcneal Ida
Seller's Agent
Tammy Barry
Homesmart Realty Group IL
Buyer's Agent
Cynthia Howe Gajewski
Beyond Properties Realty Group
List Price
$102,900
Sold Price
$118,000
Premium/Discount to List
$15,100
14.67%
Views
454
Current Estimated Value
$125,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,768
Avg. Annual Appreciation
4.49%
Original Mortgage
$94,400
Outstanding Balance
$93,248
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$32,520

Purchase Details

Closed on
Mar 2, 2023
Sold by
Arzaga Alejandro
Bought by
Pasillas Luis Glovanni

Purchase Details

Closed on
Sep 16, 2009
Sold by
Fannie Mae
Bought by
Arzaga Alejandro

Purchase Details

Closed on
May 22, 2009
Sold by
Kunkel Cynthia E
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcneal Ronald $114,000 None Available
Pasillas Luis Glovanni -- None Available
Arzaga Alejandro $32,000 Central Il Title
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcneal Ronald $94,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $118,000 +14.7% $94 / Sq Ft
06/01/2024 06/01/24 For Sale $102,900 0.0% $82 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/18/2024 05/18/24 Price Changed $102,900 -8.9% $82 / Sq Ft
04/25/2024 04/25/24 Price Changed $112,900 -5.9% $90 / Sq Ft
03/12/2024 03/12/24 Price Changed $120,000 -7.7% $96 / Sq Ft
02/29/2024 02/29/24 For Sale $130,000 -- $104 / Sq Ft
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 $3,922 $38,944 $3,069 $35,875
2023 $3,083 $36,163 $2,850 $33,313
2022 $2,810 $33,071 $2,606 $30,465
2021 $2,698 $31,226 $2,461 $28,765
2020 $2,594 $30,083 $4,108 $25,975
2019 $2,574 $29,776 $4,066 $25,710
2018 $2,545 $29,221 $3,990 $25,231
2017 $2,425 $29,248 $3,994 $25,254
2016 $2,386 $28,773 $3,929 $24,844
2015 $2,319 $27,762 $3,791 $23,971
2012 -- $30,784 $4,203 $26,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11989261

Midwest Real Estate Data (MRED)

APN: 18-15-132001