NOT LISTED FOR SALE

508 S 3rd St Fairbury, IL 61739

Estimated Value: $180,000 - $229,473

4 Beds
2.5 Baths
2,176 Sq Ft
$94/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $170,000 $78 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,564/month

5 Days on Market

Highlights

  • Victorian Architecture
  • Sun or Florida Room
  • 2 Car Detached Garage
  • Full Attic
  • Formal Dining Room
  • Laundry Room

About This Home

As of April 2023

If you're looking for a big older home, look no further!! Lots of old home charm in this 4 bdrm/2 1/2 bath home with oversized 2 car detached insulated/heated garage within walking distance to the Fairbury Speedway Racetrack. Beautiful original wood trim, columns, doors, main staircase, 2 sets of pocket doors as well as hardwood floors throughout the home. The main level offers a large entryway hallway with gorgeous open staircase to the 2nd level, kitchen with pantry closet, small sunroom off the kitchen overlooking the back yard, separate dining room, living room with original fireplace, family room and small water closet. The 2nd level offers 4 large bedrooms and a full bath with tub/shower. There is also a closed staircase leading to a huge walk-up attic with lots of potential for extra living space, playroom/media room/theater or just use for tons of extra storage. Most of the windows were recently replaced. The full basement has multiple rooms for storage, laundry area and a 3/4 bath. The back yard is fully fenced and has wiring for a swimming pool/hot tub. (Pool was recently removed.) Home is bank owned and being sold in as-is condition - cash or conventional loan only. This home needs some love, but it has showcase home potential!!!

Last Agent to Sell the Property

Jill Thompson

Indian Creek Realty License #471018944 Listed on: 02/17/2023

Last Buyer's Agent

Kelly Gerber

Green Street Realty License #475164599

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,439

Year Built

  • Built in 1925

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100 x 175

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Full Attic
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Unfinished Basement

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

Schools

  • Fairbury Elementary School
  • Prairie Central Jr High Middle School
  • Prairie Central High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,439

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Not Applicable
  • Year Built: 1925
  • Age: 91-100 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 2176
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 2176
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 3264
  • Attic: Full
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete,Gravel
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Radiator(s)
  • 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

  • Elementary School: Fairbury
  • High School: Prairie Central High School
  • Middle/Junior School: Prairie Central Jr High

Lot Info

  • Lot Size Acres: 0.4
  • Lot Dimensions: 100 X 175
  • Rural (Y/N): Y
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 5439.46
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2014
Sold by
Michael B Michael B
Bought by
Crabtree Pamela J
Current Estimated Value
$211,608

Purchase Details

Closed on
Jul 1, 2009
Sold by
Lawrence Mark L and Lawrence Jayne L
Bought by
Kilgus Dayton J and Kilgus Joni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Outstanding Balance
$108,561
Interest Rate
5.32%
Estimated Equity
$95,307
Source: Public Records
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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
Crabtree Pamela J $170,000 --
Kilgus Dayton J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilgus Dayton J $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $170,000 -5.5% $78 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $179,900 -- $83 / 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 $5,494 $65,711 $12,227 $53,484
2023 $5,605 $59,413 $11,055 $48,358
2022 $5,743 $66,743 $11,167 $55,576
2021 $5,434 $62,611 $10,476 $52,135
2020 $5,256 $60,203 $10,073 $50,130
2019 $5,090 $57,760 $9,664 $48,096
2018 $4,929 $55,878 $9,892 $45,986
2017 $4,981 $57,076 $10,104 $46,972
2016 $4,948 $57,076 $10,104 $46,972
2015 $4,781 $55,414 $9,810 $45,604
2013 $4,234 $49,019 $10,136 $38,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11721316

Midwest Real Estate Data (MRED)

APN: 25-25-10-208-010