NOT LISTED FOR SALE

522 5th St Lacon, IL 61540

Estimated Value: $102,000 - $211,000

4 Beds
3 Baths
3,200 Sq Ft
$44/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $35,000 $11 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $823/month

130 Days on Market

About This Home

As of December 2021

Come take a look at this fixer upper right in the heart of Lacon! This home offers tons of potential for the right buyer! Tall ceilings on the main level with room for a formal dining room, great room, expansive kitchen and den/office! Master suite area has the potential for a full walk in closet/bathroom. Lower level basement has the potential for a wine cellar and so much more. Home has been gutted prepared for the renovations. Sold AS-IS. Come take a look today!

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate License #471018071 Listed on: 07/29/2021

Last Buyer's Agent

Christine Schauble

eXp Realty License #471010122

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.28

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Schools

  • Midland Elementary School

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: E 92 FT LOTS 2 & 3 & N 6 FT OF E 92 FT LOT 6 BLK 44 ORIGINAL TOWN Lot Size: 92 X 132
  • Lvt Date: 08/06/2021
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Garage Door Opener(s)
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 28.1x15.04, On Level: Upper, Flooring: Other
  • Basement Foundation: Partial
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 16.03x15.05, On Level: Upper, Flooring: Other
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 19.04x14.1, On Level: Upper, Flooring: Other
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 17.05x14.1, On Level: Upper, Flooring: Other
  • Bedroom 4 Egress Window: Yes
  • Den: Dimensions: 10.05x7.09, On Level: Main, Flooring: Other
  • Formal Dining Room: Dimensions: 17.03x15.03, On Level: Main, Flooring: Other
  • Kitchen: Dimensions: 17.07x12, On Level: Main, Flooring: Other
  • Kitchen Dining: Dining Formal
  • Laundry: On Level: Main, Flooring: Other
  • Living Room: Dimensions: 29.03x15.04, On Level: Main, Flooring: Other
  • Total Basement Sq Ft: 1147
  • Additional Room 1: Dimensions: 18.08x13.05, On Level: Basement, Flooring: Other
  • Price Per Sq Ft: 10.94
  • Finished Sq Ft: 3200
  • Total Sq Ft: 3200
  • Finished Main Level Sq Ft: 1600
  • Upper Level Finished Sq Ft: 1600

Exterior Features

  • Exterior: Wood Siding
  • Exterior Amenities: Porch
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, Paved
  • Garage Yn: Yes

Utilities

  • Heating Cooling: None
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water

Schools

  • Elementary School: Midland

Lot Info

  • Estimated Lot Size: 132X92
  • Estimated Number of Acres: 0.28
  • Lot Description: Corner, Level
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2571
  • Parcel Id Number Tax Id: 04-25-360-007
  • Tax Year: 2020

MLS Schools

  • High School School District: Midland
  • Middle School: Midland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Dec 30, 2021
Bought by
Cox James and Cox Arkasia
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Christine Schauble
eXp Realty
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%
Current Estimated Value
$141,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,098
Avg. Annual Appreciation
41.57%
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
Cox James $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $35,000 -29.9% $11 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $49,900 -- $16 / Sq Ft
Source: RMLS Alliance

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 $1,002 $17,937 $3,712 $14,225
2023 $1,002 $16,471 $3,409 $13,062
2022 $814 $14,907 $3,085 $11,822
2021 $1,291 $13,815 $2,859 $10,956
2020 $1,285 $13,335 $2,760 $10,575
2019 $1,324 $13,170 $2,726 $10,444
2018 $2,550 $25,130 $2,726 $22,404
2017 $2,661 $25,643 $2,782 $22,861
2016 $2,661 $26,202 $2,843 $23,359
2014 -- $26,080 $2,829 $23,251
2013 -- $25,621 $2,779 $22,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1227537

RMLS Alliance

APN: 04-25-360-007