NOT LISTED FOR SALE

5386 Illinois Route 16 Litchfield, IL 62056

Estimated Value: $203,000 - $259,004

3 Beds
2 Baths
2,300 Sq Ft
$102/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $100,000 $43 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,534/month

9 Days on Market

About This Home

As of February 2016

Three bedroom, two bath EARTH BERM on 2.62 acres close to Litchfield. New roof! Interior repairs and updates needed!Roof leaked, some drywall has been removed. This was a high quality home when new and has a tasteful floor plan!Den with fireplace. Skylights plus windows on the east and west side allow natural light to enter the home. 4,000~SFDetached shed/garage! Property selling in an AS IS Condition. This is a FreddieMac/ Homesteps property. It is available to Owner Occupants only until 1/12/2016 under the Homesteps 1st Look Initiative. All offers must be accompanied by $1,000 Cashiers Check and a bank letter of loan approval or proof of available funds to purchase.

Last Agent to Sell the Property

Steve Shank

Shank Real Estate Inc. License #475080942 Listed on: 12/22/2015

Last Buyer's Agent

Lori Reid Gardner

Century 21 Reid Baugher Realty License #471.001562

Century 21 Reid Baugher Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,010

Year Built

  • 1985

Lot Details

  • 2.62

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 3 Main Level Bedrooms
  • 2,300 Sq Ft Home
  • Library

Utilities

  • Heating System Uses Gas
  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,010

Year Built

1985

Lot Details

0

Parking

2

Listing Details

  • Special Areas: Library/Den
  • Special Description: No Exemptions
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Appliances: Dishwasher, Downdraft/Cooktop
  • Basement: Slab
  • Main Level Bedrooms: 3
  • Sitting Room: MBF
  • Total Living Area: 2300.00

Exterior Features

  • Roof: Asphalt Shingle

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Private
  • Water: Public

Schools

  • School District: LITCHFIELD DIST 12
  • Elementary School: LITCHFIELD DIST 12
  • Middle School: LITCHFIELD DIST 12
  • High School: Litchfield Community High Scho

Lot Info

  • Lot Dimensions: 308' x 370' mol

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2015
Closed on
Jan 29, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Black Jason E and Black Michelle R
Seller's Agent
Steve Shank
Shank Real Estate Inc.
Buyer's Agent
Lori Reid Gardner
Century 21 Reid Baugher Realty
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%
Current Estimated Value
$219,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,063
Avg. Annual Appreciation
8.24%
Original Mortgage
$93,500
Outstanding Balance
$74,979
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$136,739

Purchase Details

Closed on
Jun 15, 2015
Sold by
Montgomery County Sheriff
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 1, 2003
Bought by
Brown William L and Brown Denise L
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
Black Jason E $100,000 Certified Title
Federal Home Loan Mortgage Corporation -- --
Brown William L $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Jason E $93,500
Previous Owner Brown Denise L $180,000
Previous Owner Brown William L $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Sold $100,000 +0.1% $43 / Sq Ft
12/31/2015 12/31/15 Pending -- -- --
12/22/2015 12/22/15 For Sale $99,900 -- $43 / 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 $4,010 $62,130 $4,210 $57,920
2023 $3,755 $57,910 $3,920 $53,990
2022 $3,510 $53,880 $3,650 $50,230
2021 $3,279 $49,710 $3,370 $46,340
2020 $3,074 $47,670 $3,230 $44,440
2019 $3,076 $46,680 $3,160 $43,520
2018 $3,462 $50,390 $3,410 $46,980
2017 $3,660 $49,020 $3,320 $45,700
2016 $3,844 $48,410 $3,280 $45,130
2015 $3,248 $48,410 $3,280 $45,130
2013 $5,370 $77,460 $2,700 $74,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS4417220

MARIS MLS

APN: 15-01-200-068