NOT LISTED FOR SALE

525 W Schuetz St Lebanon, IL 62254

Estimated Value: $39,000 - $195,000

4 Beds
1.5 Baths
2,712 Sq Ft
$46/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $30,000 $11 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $757/month

126 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Forced Air Heating System
  • Corner Lot
  • 2 Car Detached Garage
  • Partially Fenced Property

About This Home

As of June 2022

Motivated seller! Great project house with nothing but potential on a DOUBLE corner lot with a partial basement and a great 768 sq ft 2+ car detached garage. Large rooms totaling over 2700 sq ft featuring hardwood floors, possibly original wood trim and character throughout. Main floor has a large family room with fireplace, kitchen, laundry room, covered porch, dining room, living room, 2 bedrooms and a full bathroom. The upstairs has 2 more generously sized bedrooms and a large half bath with potential to become a full bath. Lots of additional square footage upstairs to make a great attic or bonus space. Improvements include new rubber and shingled roof over the family room, support added in the basement, and the clean out has been snaked out to the street curb. Located within blocks of the new Lebanon school. Easy access to Mascoutah, I64 and Scott AFB.

Last Agent to Sell the Property

Christie Gassen

Hughes Group LLC License #471.021941 Listed on: 02/16/2022

Last Buyer's Agent

Christie Gassen

Hughes Group LLC License #471.021941 Listed on: 02/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $962

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 112x132
  • Partially Fenced Property
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,712 Sq Ft Home
  • 2-Story Property
  • Ceiling height between 8 to 10 feet
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

Schools

  • Lebanon Dist 9 Elementary And Middle School
  • Lebanon High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05-19.0-325-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$962

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 2 Story
  • Cross Street: Chamberlin
  • Municipality Township: Lebanon
  • Special Areas: Family Room, Main Floor Laundry
  • Special Description: No Exemptions
  • Age: 82
  • Ownership: Private
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Partial
  • Dining Room: Separate Dining
  • Fireplace Location: Family Room
  • Fireplace Type: Woodburning Fireplce
  • Interior Amenities: 9' Ceilings
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Total Living Area: 2712.00
  • Bathrooms: 2.00
  • Bedrooms: 4.00
  • Room Cnt: 11
  • Square Footage: 2712
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Number Fireplaces: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Vinyl Siding

Garage/Parking

  • Garage Size: 32x24
  • Garage Spaces: 2
  • Parking: Detached, Off Street

Utilities

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

Schools

  • School District: Lebanon CUSD 9
  • Elementary School: LEBANON DIST 9
  • Middle School: LEBANON DIST 9
  • High School: Lebanon
  • Elementary School: LEBANON DIST 9
  • Junior High School: LEBANON DIST 9
  • School District: Lebanon CUSD 9
  • Senior High School: Lebanon

Lot Info

  • Lot Description: Corner Lot, Partial Fencing
  • Lot Dimensions: 112x132
  • Lot Number: 83 and 84
  • Lot Sq Ft: 14810
  • Acres: 0.3400

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 1271
  • Taxes Paid Year: 2020
  • Assessor Parcel Number: 05-19.0-325-008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Cereghino Matthew Devin and Kaylor Courtney Nicole
Bought by
Thomp Prop Llc
Current Estimated Value
$124,387

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 18, 2020
Sold by
U S Bank Trust Na
Bought by
Betts Marion
Seller's Agent
Carl Henrichs
Equity Realty Group, LLC
Buyer's Agent
Carl Henrichs
Equity Realty Group, LLC
List Price
$29,900
Sold Price
$25,125
Premium/Discount to List
-$4,775
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.47%

Purchase Details

Closed on
Feb 1, 2019
Sold by
Cox Gale C
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Aug 28, 2009
Sold by
Milby William J and Milby Rose Ann
Bought by
Cox Gale C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,925
Interest Rate
5.21%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2002
Sold by
Wright Patrick W
Bought by
Milby William J and Milby Rose Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,614
Interest Rate
6.41%
Mortgage Type
VA
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 Buyer Sale Price Title Company
Thomp Prop Llc $30,000 None Available
Betts Marion $25,500 First American
Us Bank Trust Na -- Attorney
Cox Gale C $115,000 Pti
Milby William J $96,000 Town & Country Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cox Gale C $111,925
Previous Owner Milby William J $120,531
Previous Owner Milby William J $100,500
Previous Owner Milby William J $97,614
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $30,000 -33.2% $11 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
05/15/2022 05/15/22 Price Changed $44,900 -35.8% $17 / Sq Ft
03/31/2022 03/31/22 Price Changed $69,900 -17.8% $26 / Sq Ft
02/16/2022 02/16/22 For Sale $85,000 +238.3% $31 / Sq Ft
06/26/2020 06/26/20 Sold $25,125 -16.0% $13 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $29,900 -- $16 / Sq Ft
Source: MARIS MLS

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 $962 $11,288 $3,349 $7,939
2023 $934 $10,727 $3,183 $7,544
2022 $3,952 $44,515 $2,967 $41,548
2021 $835 $8,800 $2,940 $5,860
2020 $1,014 $39,387 $2,549 $36,838
2019 $3,858 $39,387 $2,549 $36,838
2018 $3,723 $38,217 $2,473 $35,744
2017 $3,465 $34,919 $2,567 $32,352
2016 $3,443 $34,642 $2,547 $32,095
2014 $2,556 $33,464 $2,460 $31,004
2013 $1,856 $24,925 $3,827 $21,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22008202

MARIS MLS

APN: 05-19.0-325-007