NOT LISTED FOR SALE

508 S Outer Dr Wilmington, IL 60481

Estimated Value: $204,000 - $228,000

3 Beds
1 Bath
900 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $202,000 $224 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,447/month

4 Days on Market

Highlights

  • 1 Car Attached Garage
  • Living Room
  • 1-Story Property
  • L.J. Stevens Intermediate School Rated A-
  • Laundry Room
  • Central Air

About This Home

As of September 2023

Discover the perfect fusion of style and practicality in this renovated 3-bedroom, 1-bathroom home. The new roof, siding, and gutters, along with all brand new flooring and fresh paint, create an inviting atmosphere. Inside, a sleek kitchen boasts stainless steel appliances, quartz countertops, and a spacious island. The 1-car garage with a separate laundry area, new windows, and an upgraded electrical panel add convenience. Enjoy outdoor gatherings in the fenced front yard and on the brick paver patio. Nothing to do but make your appointment today and move in!!!! ****Multiple offers received. Calling for highest and best by Monday August 21st at noon****

Last Agent to Sell the Property

Aaron Tidmore

RE/MAX Ultimate Professionals License #475145343 Listed on: 08/17/2023

RE/MAX Ultimate Professionals

Last Buyer's Agent

Barb Gall

RE/MAX Ultimate Professionals License #475133115

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,821

Year Renovated

  • 2023

Lot Details

  • Lot Dimensions are 85x67x68x75

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,821

Year Renovated

2023

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 900
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 199900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

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

  • Middle/Junior School District: 209U

Lot Info

  • Lot Dimensions: 85X67X68X75
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 2821
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 12, 2023
Sold by
Michaels Zach
Bought by
Branum Jackson
Seller's Agent
Aaron Tidmore
RE/MAX Ultimate Professionals
Buyer's Agent
Barb Gall
RE/MAX Ultimate Professionals
List Price
$199,900
Sold Price
$202,000
Premium/Discount to List
$2,100
1.05%
Views
87
Current Estimated Value
$219,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,484
Avg. Annual Appreciation
4.17%
Original Mortgage
$195,940
Outstanding Balance
$191,808
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$27,676

Purchase Details

Closed on
May 5, 2023
Sold by
Macero Investments Inc
Bought by
Michaels Zach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 2023
Sold by
Intercounty Judicial Sales Corporation
Bought by
Macero Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 22, 2004
Sold by
Hernandez Elias
Bought by
Hernandez Elias and Hernandez Adela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,050
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2004
Sold by
Dyer William W and Dyer Tommie K
Bought by
Hernandez Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,050
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2000
Sold by
Household Finance Corp Iii
Bought by
Dyer William W and Dyer Tommie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.24%

Purchase Details

Closed on
Nov 17, 1999
Sold by
Hicks Sheila A
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
Feb 1, 1996
Sold by
Hicks Kenneth W
Bought by
Hicks Sheila A and Hammond Sheila A

Purchase Details

Closed on
Jan 4, 1995
Sold by
Hicks Sheila A and Hammond Sheila A
Bought by
Hicks Kenneth W and Hicks Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,572
Interest Rate
9.23%
Source: Public Records

Range of Values:

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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
Branum Jackson $202,000 Carrington Title Partners
Michaels Zach $110,000 Carrington Title Partners
Macero Investments Inc $72,000 None Listed On Document
Hernandez Elias -- --
Hernandez Elias $98,000 Ticor
Dyer William W $57,000 Premier Title
Household Finance Corp Iii -- Premier Title
Hicks Sheila A -- --
Hicks Kenneth W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branum Jackson $195,940
Previous Owner Michaels Zach $136,000
Previous Owner Hernandez Elias $95,050
Previous Owner Dyer William W $70,000
Previous Owner Hicks Kenneth W $50,572
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $202,000 +1.1% $224 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $199,900 -- $222 / 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 $3,346 $52,186 $14,155 $38,031
2023 $3,346 $49,442 $13,411 $36,031
2022 $2,995 $44,772 $12,144 $32,628
2021 $2,821 $41,785 $11,334 $30,451
2020 $2,771 $40,686 $11,036 $29,650
2019 $2,732 $39,885 $10,819 $29,066
2018 $2,673 $38,977 $10,573 $28,404
2017 $2,489 $36,410 $9,877 $26,533
2016 $2,236 $33,450 $9,074 $24,376
2015 $2,271 $32,650 $8,857 $23,793
2014 $2,271 $32,979 $8,946 $24,033
2013 $2,271 $35,144 $9,533 $25,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11862952

Midwest Real Estate Data (MRED)

APN: 03-17-25-107-025