NOT LISTED FOR SALE

508 Park Ave Gillespie, IL 62033

Estimated Value: $92,000 - $134,000

2 Beds
2 Baths
1,208 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $12,000 $10 Per Sq Ft

Est. 890% increase in value since last sale

Current estimated payment $774/month

35 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Formal Dining Room
  • Ben-Gil Elementary School Rated 9+
  • Covered Patio or Porch
  • Separate Outdoor Workshop

About This Home

As of January 2024

Pull up your sleeves and reap the rewards on this one! This home has split level living. 2 bedrooms and 2 bathrooms. Open floor plan. Full basement that is partially finished. Covered porch. Detached workshop. Buyer to verify all MLS data prior to purchasing.

Last Agent to Sell the Property

John Blasingame

Keller Williams Marquee License #471.012922 Listed on: 11/22/2023

Keller Williams Marquee

Last Buyer's Agent

Maria Eliers

MCR Realty Professionals, Inc License #475125871

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 7,501

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,208 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Gillespie Dist 7 Elementary And Middle School
  • Gillespie Community High Schoo

Additional Features

  • 7,501 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10-002-548-00

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Level
  • Style Description: Bi-Level
  • Special Areas: Living Room
  • Age: 44
  • Ownership: Bank
  • Year Built: 1980
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Dining Room: Separate Dining
  • Interior Amenities: Open Floor Plan
  • Lower Level Bedrooms: 2
  • Lower Full Bathrooms: 1
  • Misc Features: Porch-Covered
  • Total Living Area: 1208.00
  • Bathrooms: 2.00
  • Bedrooms: 2.00
  • Room Cnt: 7
  • Square Footage: 1208
  • Total Full Baths: 2

Exterior Features

  • Architecture: Traditional
  • Construction: Frame, Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: GILLESPIE DIST 7
  • Junior High School: GILLESPIE DIST 7
  • School District: GILLESPIE DIST 7
  • Senior High School: Gillespie Community High Schoo

Lot Info

  • Lot Dimensions: 8712
  • Lot Sq Ft: 7501
  • Acres: 0.1722

Building Info

  • Buildings: Workshop

Tax Info

  • Taxes Paid: 1771
  • Taxes Paid Year: 2022
  • Assessor Parcel Number: 10-002-548-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Jan 11, 2024
Sold by
Cascade Funding Mortgage Trust
Bought by
Quantum Lending Corp
Seller's Agent
John Blasingame
Keller Williams Marquee
Buyer's Agent
Maria Eliers
MCR Realty Professionals, Inc
List Price
$18,050
Sold Price
$12,000
Premium/Discount to List
-$6,050
-33.52%
Views
115
Current Estimated Value
$118,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,765
Avg. Annual Appreciation
216.41%

Purchase Details

Closed on
Apr 18, 2023
Sold by
Hb2 Alternative Holdings Llc
Bought by
Cascade Funding Mortgage Trust

Purchase Details

Closed on
Sep 29, 2022
Sold by
Sheriff Of Macoupin County
Bought by
Hb2 Alternative Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quantum Lending Corp $12,000 None Listed On Document
Cascade Funding Mortgage Trust -- None Listed On Document
Hb2 Alternative Holdings Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $12,000 -29.8% $10 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
11/28/2023 11/28/23 Price Changed $17,100 -5.3% $14 / Sq Ft
11/22/2023 11/22/23 For Sale $18,050 -- $15 / Sq Ft
Source: MARIS MLS

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 $1,866 $28,733 $2,109 $26,624
2023 $1,826 $26,605 $1,953 $24,652
2022 $1,826 $30,923 $1,825 $29,098
2021 $1,703 $34,900 $1,706 $33,194
2020 $1,216 $38,009 $1,594 $36,415
2019 $1,164 $25,723 $1,518 $24,205
2018 $852 $25,723 $0 $0
2017 $955 $25,218 $1,488 $23,730
2016 $1,028 $25,218 $1,488 $23,730
2015 $1,045 $25,218 $1,488 $23,730
2014 $1,012 $25,218 $1,488 $23,730
2013 $964 $29,289 $1,615 $27,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23069561

MARIS MLS

APN: 10-002-548-00