NOT LISTED FOR SALE

523 E Prospect St Farmington, IL 61531

Estimated Value: $99,000 - $118,000

2 Beds
1 Bath
1,185 Sq Ft
$92/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $95,000 $80 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $656/month

45 Days on Market

Highlights

  • Deck
  • Porch
  • High Efficiency Air Conditioning
  • Fenced Yard
  • Bungalow
  • Ceiling Fan

About This Home

As of February 2022

CUTE!! Move in ready home with attached garage situated on a large fenced lot. Home has been completely remodeled. New high end appliances remain with accepted offer. Kitchen has large island for prep space and cute pantry. new windows 2018, central air 2020, front part of roof & gutters 2020, back part of roof and gutters 2014, Andersen patio door off kitchen leading to nice deck. Main floor laundry, New 100amp electrical service. Basement is painted and dry, could easily be 2 more bedrooms. Half bath in basement also.

Last Agent to Sell the Property

Carla Skaggs

Jim Maloof Realty, Inc. License #475129499 Listed on: 11/12/2021

Jim Maloof Realty, Inc.

Last Buyer's Agent

Paula Clark

Key, REALTORS License #475103618

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1955

Lot Details

  • 0.27

Parking

  • Garage

Home Design

  • Bungalow
  • Frame Construction

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Fenced Yard
  • High Efficiency Air Conditioning

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: Dist 05 Twp Farmington Sect/Lot 31 Richard wake Addition
  • Lvt Date: 11/12/2021
  • Year Built: 1955
  • Conversion: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Hood/Fan, Refrigerator, Range/Oven, Washer
  • Interior Amenities: Blinds, Ceiling Fan, Window Coverings
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Half Bathrooms in the Basement: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 11x11.05, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Block, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11x11.04, On Level: Main, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Den: Dimensions: 13.03x5.05, On Level: Main, Flooring: Carpet
  • Informal Dining Room: Dimensions: 8.05x5.08, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 9.11x14.05, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Dining Informal, Island, Pantry
  • Laundry: On Level: Main
  • Living Room: Dimensions: 17.03x14.06, On Level: Main, Flooring: Hardwood
  • Total Basement Sq Ft: 1185
  • Price Per Sq Ft: 80.17
  • Finished Sq Ft: 1185
  • Total Sq Ft: 1185
  • Finished Main Level Sq Ft: 1185

Exterior Features

  • Exterior: Brick Partial, Vinyl Siding
  • Exterior Amenities: Deck, Fenced Yard, Porch
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Rubber, Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Attached, Curbs & Gutters, On Street Parking
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Central Air
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Estimated Lot Size: 66 x 176
  • Lot Description: Level
  • Subdivision: Richard Wake
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1505.82
  • Parcel Id Number Tax Id: 05-04-01-318-018
  • Tax Year: 2020

MLS Schools

  • High School School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Feb 9, 2022
Sold by
Whitley Deborah S and Whitley Langdon D
Bought by
Miller Shafer B and Miller Shyanne Thomas
Seller's Agent
Carla Skaggs
Jim Maloof Realty, Inc.
Buyer's Agent
Paula Clark
Key, REALTORS
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$109,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,143
Avg. Annual Appreciation
3.59%
Original Mortgage
$97,070
Outstanding Balance
$89,909
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$19,234

Purchase Details

Closed on
Oct 18, 2013
Sold by
Hayesdeanna
Bought by
Whitleydeborah Whitleydeborah S and Whitleydeborah Langdon D
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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Purchase History

Date Buyer Sale Price Title Company
Miller Shafer B $95,000 Attorney Only
Whitleydeborah Whitleydeborah S $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Shafer B $97,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2022 02/09/22 Sold $95,000 -4.9% $80 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $99,900 -- $84 / 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 $1,088 $17,770 $3,610 $14,160
2023 -- $17,000 $3,450 $13,550
2022 $1,643 $17,000 $3,450 $13,550
2021 $1,542 $15,240 $3,450 $11,790
2020 $1,506 $14,740 $3,340 $11,400
2019 $1,586 $14,970 $3,390 $11,580
2018 $1,558 $14,690 $3,330 $11,360
2017 $1,546 $14,690 $3,330 $11,360
2016 $1,520 $14,190 $3,220 $10,970
2015 $1,531 $14,190 $3,220 $10,970
2013 -- $16,810 $3,140 $13,670
2012 -- $16,400 $3,060 $13,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1230286

RMLS Alliance

APN: 05-04-013-180-18