NOT LISTED FOR SALE

519 E Chestnut St Pontiac, IL 61764

Estimated Value: $72,000 - $178,000

1 Bed
1 Bath
1,016 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $29,900 $29 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $757/month

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Bungalow
  • Central Air
  • Senior Tax Exemptions

About This Home

As of February 2024

Investor Alert! Originally intending to remodel and turn this property into their personal residence, life circumstances have now led to a move out of state. Numerous updates have already been completed in 2023, including a new roof, AC, furnace, drywall, foundation improvements.. Brand new appliances, including a range, refrigerator, microwave, dishwasher, are ready for installation. Enjoy a spacious yard with a two-car detached garage. Currently 1 bedroom and 1 bath, but possibilities are endless. Cash or a construction loan will likely be necessary depending on your lender. Sold AS-IS. Don't miss out on this opportunity to finish this project for an investment or make it your own home.

Last Agent to Sell the Property

Nicole Dransfeldt

Star Grieff Realty License #475178882 Listed on: 01/31/2024

Last Buyer's Agent

Nicole Dransfeldt

Star Grieff Realty License #475178882 Listed on: 01/31/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $643

Year Built

  • Built in 1910 | Remodeled in 2023

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 149x47x156x90

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

  • Lincoln Elementary School
  • Pontiac Junior High School
  • Pontiac High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$643

Year Built

Built in 1910 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Not Applicable
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 1016
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • 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

  • Elementary School: Lincoln Elementary School
  • High School: Pontiac High School
  • Middle/Junior School: Pontiac Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 149X47X156X90
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 642.92
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2024 02/22/24 Sold $29,900 -40.1% $29 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $49,900 -28.7% $49 / Sq Ft
01/31/2024 01/31/24 For Sale $70,000 +49.3% $69 / Sq Ft
06/22/2023 06/22/23 Sold $46,900 -6.0% $46 / Sq Ft View Prior Sale
05/26/2023 05/26/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $49,900 -- $49 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,610 $23,409 $3,174 $20,235
2023 $1,531 $21,898 $2,969 $18,929
2022 $643 $19,503 $2,969 $16,534
2021 $650 $18,753 $2,855 $15,898
2020 $665 $18,189 $2,769 $15,420
2019 $679 $17,393 $2,648 $14,745
2018 $957 $20,090 $2,675 $17,415
2017 $954 $20,070 $2,672 $17,398
2016 $972 $20,313 $2,704 $17,609
2015 $982 $20,313 $2,704 $17,609
2013 $1,205 $23,168 $2,898 $20,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11971180

Midwest Real Estate Data (MRED)

APN: 15-15-23-101-001