NOT LISTED FOR SALE

508 Reagan Dr Eureka, IL 61530

Estimated Value: $216,000 - $267,000

3 Beds
2 Baths
3,604 Sq Ft
$67/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $220,000 $61 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,714/month

21 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Recreation Room
  • Eureka High School Rated A-
  • Property is near a park
  • Ranch Style House

About This Home

As of June 2024

Nestled in the coveted town of Eureka, this expansive ranch-style home boasts a generous half-acre lot, offering an abundance of space and comfort. Surpassing expectations, the main floor showcases a sprawling 1,800 square feet home, complemented by an additional 1,500 square feet of finished living area in the basement. With three bedrooms, including the possibility of a fourth in the basement (though lacking egress), and two full bathrooms, this residence exudes both practicality and versatility. An inviting three-seasons room beckons relaxation, while the crown jewel lies in the expansive basement, where entertainment thrives. Revel in the luxuriously oversized wet bar and pool room, ideal for hosting gatherings, alongside a cozy family room adorned with a fireplace. Further flexibility unfolds with a potential fourth bedroom or multipurpose space. Recent updates since purchasing in 2022, include luxury plank vinyl flooring throughout the main floor and in basement, plush carpeting in all 3 bedrooms, and a fresh coat of neutral-toned paint, imbue the interiors with contemporary allure. The spacious family room, complete with built-ins, offers ample room for leisure and socializing. The basement, akin to a modern man cave, features a large wet bar with seating for six, an additional stove, and space for a full-sized pool table and dartboard. Adding to the charm, a vintage table and chairs grace the area, contributing to its inviting ambiance. Outdoor amenities abound, with a sizable backyard, a newer spacious shed for storage, and the convenience of a Generac Generator ensuring uninterrupted power during inclement weather. Noteworthy updates in 2022 include a slate finished refrigerator, dishwasher, garbage disposal, basement toilet, and updated electrical panel. Enjoy the prime location within Eureka, proximate to Eureka College and the beloved Dairy Barn, with easy access to the Peoria and Bloomington areas, making this residence the epitome of modern suburban living. Pool table and 6 bar stools stay with the home. Roof age approx. 2015. Lot behind this property is 1/2 acre and is negotiable.

Last Agent to Sell the Property

Lisa Cunningham

RE/MAX Rising License #475183215 Listed on: 05/09/2024

RE/MAX Rising

Last Buyer's Agent

Sue Neihouser

RE/MAX Traders Unlimited Peoria License #475159926

RE/MAX Traders Unlimited Peoria

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 1969

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 164x128
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Additional Parcels

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3,604 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Location

  • Property is near a park

Schools

  • Eureka Elementary School
  • Eureka Jr High Middle School
  • Eureka High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Power Generator
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,897

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Not Applicable
  • Year Built: 1969
  • Age: 51-60 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Water Softener Owned, Other
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1502
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, First Floor Bedroom, Built-in Features
  • LivingArea: 3604
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump, Generator, Water Heater-Gas
  • Room Type: Enclosed Porch, Recreation Room, Bonus Room
  • Estimated Total Finished Sq Ft: 3304
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1802
  • Basement Sq Ft: 1802
  • Fireplace Location: Family Room
  • Total Sq Ft: 3604
  • Unfinished Basement Sq Ft: 300
  • Attic: Pull Down Stair
  • Main Level Sq Ft: 1802

Exterior Features

  • Foundation Details: Block
  • List Price: 215000
  • Lot Features: Landscaped, Mature Trees
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Shared
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Eureka Elementary
  • High School: Eureka High School
  • Middle/Junior School: Eureka Jr High
  • Middle/Junior School District: 140

Lot Info

  • Additional Parcels Description: 1418303023
  • Additional Parcels: Yes
  • Lot Size Acres: 0.5
  • Lot Dimensions: 164X128
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4897.11
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 11, 2024
Sold by
Hendricks Samuel and Hendricks Kathleen M
Bought by
Freyhof Mark T and Freyhof Alexis A
Seller's Agent
Lisa Cunningham
RE/MAX Rising
Buyer's Agent
Sue Neihouser
RE/MAX Traders Unlimited Peoria
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Views
22
Current Estimated Value
$240,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,014
Avg. Annual Appreciation
2.61%
Original Mortgage
$176,000
Outstanding Balance
$174,581
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$52,275

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 25, 2022
Sold by
Anna Mae Nixon Personal Residence Trust
Bought by
Hendricks Samuel A and Hendricks Kathleen M
Seller's Agent
Mary Biros
Jim Maloof Realty, Inc.
Buyer's Agent
Mary Biros
Jim Maloof Realty, Inc.
List Price
$155,000
Sold Price
$170,000
Premium/Discount to List
$15,000
9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$153,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Freyhof Mark T $220,000 None Listed On Document
Hendricks Samuel A $155,000 Woodford County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freyhof Mark T $176,000
Previous Owner Hendricks Samuel A $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $220,000 +2.3% $61 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $215,000 0.0% $60 / Sq Ft
04/19/2024 04/19/24 For Sale $215,000 +26.5% $60 / Sq Ft
02/25/2022 02/25/22 Sold $170,000 +9.7% $51 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $155,000 -- $47 / 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 $4,871 $66,563 $9,504 $57,059
2023 $4,326 $60,871 $8,691 $52,180
2022 $4,093 $56,709 $8,097 $48,612
2021 $4,270 $62,049 $7,646 $54,403
2020 $4,236 $62,043 $7,645 $54,398
2019 $4,135 $62,455 $7,696 $54,759
2018 $4,240 $62,437 $7,694 $54,743
2017 $4,224 $61,819 $7,618 $54,201
2016 $4,257 $61,819 $7,618 $54,201
2015 -- $60,276 $7,428 $52,848
2014 -- $58,720 $7,236 $51,484
2013 -- $58,720 $7,236 $51,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12034117

Midwest Real Estate Data (MRED)

APN: 14-18-303-021