$71,000
SOLD DEC 19, 2024

525 N 3rd Ave Chenoa, IL 61726

2 Beds
1 Bath
692 Sq Ft
1879 Built

Recently Sold

$103 Per Sq Ft

8% Below List Price

55 Days on Market

Highlights

  • Waterfront
  • Living Room
  • Bungalow
  • Porch
  • Laundry Room
  • Shed

About This Home

As of December 2024

Perfect investment property! 2 bed/1 bath home for anyone looking to invest, buy a first home or downsize. Large backyard, freshly painted exterior. The home is currently rented month-to-month.

Last Agent to Sell the Property

Justin Feese

Keller Williams Revolution License #475187707 Listed on: 09/13/2024

Keller Williams Revolution

Last Buyer's Agent

Stacey Jewett

Keller Williams Revolution License #475136881

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 1879

Lot Details

  • Lot Dimensions are 50x160
  • Waterfront

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 692 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Carpet
  • Crawl Space
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Shed
  • Porch

Schools

  • Chenoa Elementary School
  • Prairie Central Jr High Middle School
  • Prairie Central High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,399

Year Built

Built in 1879

Lot Details

0

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: 1879
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 692
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 692
  • Basement Description: Crawl,None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 692
  • Basement Sq Ft: 0
  • Total Sq Ft: 692
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 692
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 69900
  • OtherStructures: Shed(s)
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Forced Air, 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: Chenoa Elementary
  • High School: Prairie Central High School
  • Middle/Junior School: Prairie Central Jr High
  • Middle/Junior School District: 8

Lot Info

  • Lot Dimensions: 50X160
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1399.4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Dec 17, 2024
Sold by
Barlow Timothy and Barlow Kathy S
Bought by
Lindsey Logan
Seller's Agent
Justin Feese
Keller Williams Revolution
Buyer's Agent
Stacey Jewett
Keller Williams Revolution
List Price
$76,900
Sold Price
$71,000
Premium/Discount to List
-$5,900
-7.67%
Views
50
Current Estimated Value
$71,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757
Avg. Annual Appreciation
2.03%
Original Mortgage
$72,727
Outstanding Balance
$72,534
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$773

Purchase Details

Closed on
Jul 29, 2022
Sold by
Scott Potthast
Bought by
Barlow Timothy and Barlow Kathy S

Purchase Details

Closed on
May 10, 2021
Sold by
Champaign Investment Llc
Bought by
Potthast Scott

Purchase Details

Closed on
Apr 5, 2017
Sold by
Stevens Matthew
Bought by
Champion Investment Llc

Purchase Details

Closed on
Aug 21, 2007
Sold by
Zook Stephen M
Bought by
Stevens Matthew and Stevens Emilie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
9%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $71,000 County Abstract Company
Warranty Deed $71,000 County Abstract Company
Warranty Deed $20,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $6,100 None Available
Warranty Deed $39,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,727 New Conventional
Closed $72,727 New Conventional
Previous Owner $38,724 New Conventional
Previous Owner $8,271 Unknown
Previous Owner $10,000 Unknown
Previous Owner $39,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $71,000 +1.6% $103 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
10/08/2024 10/08/24 Price Changed $69,900 -9.1% $101 / Sq Ft
09/13/2024 09/13/24 For Sale $76,900 -- $111 / 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 $748 $15,991 $3,531 $12,460
2022 $748 $13,758 $3,038 $10,720
2021 $707 $13,444 $2,969 $10,475
2020 $636 $12,501 $2,761 $9,740
2019 $653 $12,501 $2,761 $9,740
2018 $687 $12,379 $2,734 $9,645
2017 $1,193 $12,379 $2,734 $9,645
2016 $1,131 $12,379 $2,734 $9,645
2015 $1,107 $12,701 $2,805 $9,896
2014 $929 $10,701 $2,805 $7,896
2013 -- $10,818 $2,836 $7,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12163743

Midwest Real Estate Data (MRED)

APN: 03-01-155-013