NOT LISTED FOR SALE

531 S 2nd St Watseka, IL 60970

Estimated Value: $82,000 - $130,000

2 Beds
1.5 Baths
988 Sq Ft
$109/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $101,950 $103 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $763/month

56 Days on Market

Highlights

  • Community Lake
  • Property is near a park
  • Community Pool
  • Watseka Junior High School Rated 9+
  • Heated Enclosed Porch
  • Formal Dining Room

About This Home

As of April 2024

This cute bungalow is not a drive-by! Yes, it's bigger than it looks! This used to be a 3 bedroom, but one was eliminated to make a nice big master bedroom. The kitchen is small, but has room for a table and even has a separate dining room for when you have guests. A nice sized living room and an enclosed, heated and cooled front porch provides more living space. There is a full, clean, useable basement for laundry, projects, storage, or whatever you choose; AND an added shower and toilet. As always, there is a full, walk-up attic for more storage! Appliances stay. A 2-car garage was added, along with a nice concrete pad (and driveway) that doubles as a big patio....also allows for a turnaround so you don't have to back down the drive into traffic. Check it out!

Last Agent to Sell the Property

Sandy Boyer

McColly Rosenboom - W License #471019426 Listed on: 01/24/2024

Last Buyer's Agent

Tim Smith

Smith's Real Estate Services, License #471021755

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1925

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Paved or Partially Paved Lot
  • Property is zoned SINGL

Parking

  • 2 Car Detached Garage
  • 6 Open Parking Spaces
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Heated Enclosed Porch

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • No Tub in Bathroom

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Chute

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Additional Features

  • Patio
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Community Lake

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,152

Year Built

Built in 1925

Lot Details

0

Parking

2

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
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • LivingArea: 988
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Enclosed Porch Heated
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: No Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Full,Interior Stair
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Block
  • List Price: 114900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 6
  • Parking Features: Driveway
  • ParkingTotal: 8
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, Laundry Chute, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Lake, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 9

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Dimensions: 50X200
  • Zoning: SINGL
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1152.18
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Apr 19, 2024
Sold by
Cluver Dean C and Cluver Patricia D
Bought by
Jones Malcom O and Jones Victoria L
Seller's Agent
Sandy Boyer
McColly Rosenboom - W
Buyer's Agent
Tim Smith
Smith's Real Estate Services,
List Price
$114,900
Sold Price
$101,950
Premium/Discount to List
-$12,950
-11.27%
Views
144
Current Estimated Value
$107,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,671
Avg. Annual Appreciation
3.80%
Original Mortgage
$81,560
Outstanding Balance
$63,903
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$43,718
Source: Public Records

Range of Values:

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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
Jones Malcom O $45,333 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Malcom O $81,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $101,950 -11.3% $103 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $114,900 -- $116 / 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 $2,307 $31,960 $7,830 $24,130
2023 $2,307 $28,280 $6,930 $21,350
2022 $1,082 $27,190 $6,660 $20,530
2021 $1,141 $24,690 $6,050 $18,640
2020 $1,152 $23,670 $5,800 $17,870
2019 $1,148 $22,890 $5,610 $17,280
2018 $1,153 $22,290 $5,460 $16,830
2017 $1,191 $21,890 $5,360 $16,530
2016 $1,198 $21,890 $5,360 $16,530
2015 $1,139 $21,610 $5,290 $16,320
2014 $1,139 $21,210 $5,190 $16,020
2013 $1,223 $22,150 $5,420 $16,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11957953

Midwest Real Estate Data (MRED)

APN: 26-05-202-020