NOT LISTED FOR SALE

523 Gray Dr Gibson City, IL 60936

Estimated Value: $85,000 - $145,025

3 Beds
1 Bath
1,232 Sq Ft
$99/Sq Ft Est. Value

Sale Details

Date Sold: July 8, 2024

Last sale price $131,500 $107 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $693 / mo

6 Days on Market

Highlights

  • 1 Car Attached Garage
  • Laundry Room
  • Forced Air Heating and Cooling System
  • GCMS High School Rated 9+
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of July 2024

Discover the perfect blend of comfort and versatility in this well-maintained 3 bedroom, 1 bathroom home, ideally situated in a friendly neighborhood. This home features three comfortable bedrooms, with the third bedroom providing a unique opportunity: it opens directly to the backyard, making it an ideal space for a home office, guest room, or creative studio. Imagine working from home while enjoying the view of your own private outdoor oasis! Don't miss the chance to make this delightful property your own - schedule a showing today!

Last Agent to Sell the Property

Angela Roderick

KELLER WILLIAMS-TREC License #475184554 Listed on: 05/23/2024

KELLER WILLIAMS-TREC

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $564

Year Built

  • Built in 1954

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 65x120

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Basement

  • Sump Pump
  • Crawl Space

Schools

  • Gibson City Elementary School
  • Gibson City Junior High School
  • Gibson City High School

Utilities

  • Forced Air Heating and Cooling System
  • 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

$564

Year Built

Built in 1954

Lot Details

0.25 Acres

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
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1232
  • Other Equipment: Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1232
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1232
  • ResoLivingAreaSource: Estimated

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Garage
  • 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: Gibson City Elementary School
  • High School: Gibson City High School
  • Middle/Junior School: Gibson City Junior High School

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 65X120
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 564.46
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 8, 2024
Sold by
Baize Eleanor L
Bought by
Cornwell Patricia L
Seller's Agent
Angela Roderick
KELLER WILLIAMS-TREC
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$135,000
Sold Price
$131,500
Premium/Discount to List
-$3,500
-2.59%
Views
3
Current Estimated Value
$121,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,744
Avg. Annual Appreciation
-4.23%
Original Mortgage
$129,117
Outstanding Balance
$127,616
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
-$5,860
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
Cornwell Patricia L $131,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornwell Patricia L $129,117
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $131,500 -2.6% $107 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $135,000 -- $110 / 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 $569 $40,470 $5,000 $35,470
2023 $569 $35,940 $4,440 $31,500
2022 $564 $33,590 $4,150 $29,440
2021 $635 $32,300 $3,990 $28,310
2020 $628 $30,760 $3,800 $26,960
2019 $611 $29,300 $3,620 $25,680
2018 $615 $28,790 $3,620 $25,170
2017 $624 $6,770 $3,590 $3,180
2016 $650 $27,950 $3,510 $24,440
2015 $623 $27,950 $3,510 $24,440
2014 $623 $27,950 $3,510 $24,440
2013 $20 $27,950 $3,510 $24,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12059138

Midwest Real Estate Data (MRED)

APN: 09-11-11-477-014

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