NOT LISTED FOR SALE

508 N Prospect St Cambridge, IL 61238

Estimated Value: $42,000 - $50,031

1 Bed
2 Baths
490 Sq Ft
$94/Sq Ft Est. Value

Last Sold September 04, 2024

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

Est. 2% increase in value since last sale

Current estimated payment $304/month

11 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Forced Air Heating System
  • Cambridge Community Grade School Rated A-
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of September 2024

Back on the market due to buyer being unable to obtain financing. This little ranch home may be small, but it has everything you need inside and it is very clean and cozy. It was also updated after the last tenant moved out prior to the sellers purchasing the home. There is a large full bathroom with a brand new walk in shower to the left of the front door, and a stackable washer/dryer which is only 6 months old in a closet directly inside of the front door. The kitchen and living room are one large room in the center of the home and there is a back door that walks out to the 10 x 16 wood deck which was built on footings suitable for use as a future 3-4 season room. The bedroom is on the end of the home and has a large walk in closet. The basement has exterior access at the rear of the home and has a full bathroom and a set of stairs that could be used from an access panel (not yet cut) in the bedroom closet floor. The over 1/2 acre lot has a concrete pad poured next to the home all ready for a garage to be built on, and there is plenty of room for an adddition if desired. Don't miss your opportunity to view this home and make it yours!

Last Agent to Sell the Property

Chris Thompson

Mel Foster Co. Geneseo Brokerage Phone: 309-945-3103 License #475.179965 Listed on: 06/17/2024

Mel Foster Co. Geneseo

Co-Listed By

Tobi Thompson

Mel Foster Co. Geneseo Brokerage Phone: 309-945-3103 License #475208663

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $595

Year Built

  • Built in 2005

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 108 x 220
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 490 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck

Schools

  • Cambridge High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Village Of Cambridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-07-203-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$595

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 91.84
  • Attribution Contact: Cell: 309-945-3103
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Hood/Fan, Range/Oven, Refrigerator, Washer
  • Basement: Crawl Space, Partial
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s)
  • Living Area: 490
  • TotalBasementSqFt: 300
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Parking Pad

Utilities

  • Heating: Gas, Baseboard, Forced Air, Gas Water Heater, No Cooling
  • Water Source: Public Sewer, Public, Sump Pump
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Cambridge

Lot Info

  • Lot Size Acres: 0.55
  • Lot Size: 108 x 220
  • Parcel #: 18-07-203-003

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 595
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Sep 4, 2024
Sold by
Cooper Jonathan and Cooper Patricia
Bought by
Hoffman Alicia and Hoffman Erik
Seller's Agent
Chris Thompson
Mel Foster Co. Geneseo
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%
Views
53
Current Estimated Value
$46,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,008
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Jul 13, 2020
Sold by
Lhirsch Karen L
Bought by
Sloat Jacob L

Purchase Details

Closed on
May 4, 2005
Sold by
Downey John H and Downey John N
Bought by
Wheatley Boyd L
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
Hoffman Alicia $45,000 None Listed On Document
Sloat Jacob L $19,000 Attorney
Wheatley Boyd L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $45,000 -10.0% $92 / Sq Ft
07/12/2024 07/12/24 For Sale $50,000 0.0% $102 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $50,000 -- $102 / 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 $716 $8,070 $5,952 $2,118
2023 $595 $6,730 $5,864 $866
2022 $567 $6,197 $5,400 $797
2021 $518 $5,738 $5,000 $738
2020 $512 $5,584 $4,866 $718
2019 $507 $5,500 $4,793 $707
2018 $494 $5,339 $4,653 $686
2017 $491 $5,199 $4,531 $668
2016 $490 $5,706 $4,508 $1,198
2015 $523 $5,706 $4,508 $1,198
2013 $523 $5,764 $4,554 $1,210
Source: Public Records

Agents Affiliated with this Home

  • Chris Thompson

    Seller's Agent in 2024

    Chris Thompson

    [Mel Foster Brand]

    (309) 945-3103

    95 Total Sales

    Chris Thompson
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Tobi Thompson

    [Mel Foster Brand]

    9 Total Sales

    Tobi Thompson
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member Agent RMLSA

    Non-MLS

See All Agents

Map

Source: RMLS Alliance

MLS Number: QC4253676

RMLS Alliance

APN: 18-07-203-003

Illinois Henry County Cambridge 61238

508 N Prospect St, Cambridge, IL

This home is located at 508 N Prospect St, Cambridge, IL 61238 since 17 June 2024 and is currently estimated at $46,008, approximately $93 per square foot. This property was built in 2005. 508 N Prospect St is a home located in Henry County with nearby schools including Cambridge Community Grade School and Cambridge Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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