$54,000
SOLD SEP 27, 2024

540 Possum Flat Rd Galatia, IL 62935

3 Beds
2 Baths
1,551 Sq Ft
1 Acres

Recently Sold

$35 Per Sq Ft

17% Below List Price

11 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Bungalow
  • No HOA
  • Porch
  • Dining Room

About This Home

As of September 2024

Looking for a country home? Check out this 3 bedroom, 2 bath home located on 1 acre with a 2 car detached garage! This home is in rural Galatia and has had several updated including an on-demand water heater, updated electric and new carpet! This home does not have any heat or a/c and is needing some TLC.

Last Agent to Sell the Property

Paula Arpasi

Homefinders Realty Brokerage Phone: 618-439-2121 License #471018112 Listed on: 08/24/2024

Last Buyer's Agent

Christy Powers

PROPERTY WITH TLC, LLC License #475132054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,592

Year Built

  • Built in 1940

Lot Details

  • 1 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,551 Sq Ft Home
  • Ceiling Fan
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Galatia Elementary And Middle School
  • Galatia High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13-1-032-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,592

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 34.82
  • Attribution Contact: Phone: 618-439-2121
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1551
  • KitchenDining: Dining Informal

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Gravel
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Gravel

Utilities

  • Heating: None
  • Water Source: Public, Other
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Galatia
  • High School: Galatia
  • Middle Or Junior School: Galatia

Lot Info

  • Lot Size Acres: 1
  • Lot Size: 1 ac
  • Parcel #: 13-1-032-03

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2591.98
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2024
Closed on
Sep 27, 2024
Sold by
Monroe Thurman E and Snyder Heather J
Bought by
Shaneyfelt Lorie
Seller's Agent
Paula Arpasi
Homefinders Realty
Buyer's Agent
Christy Powers
PROPERTY WITH TLC, LLC
List Price
$64,900
Sold Price
$54,000
Premium/Discount to List
-$10,900
-16.8%
Views
34
Current Estimated Value
$80,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,989
Avg. Annual Appreciation
58.48%

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 25, 2024
Sold by
Secretary Of Veterans Affairs
Bought by
Monroe Thurman E and Snyder Heather J
Seller's Agent
Paula Arpasi
Homefinders Realty
Buyer's Agent
Paula Arpasi
Homefinders Realty
List Price
$34,500
Sold Price
$30,000
Premium/Discount to List
-$4,500
-13.04%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1789.57%

Purchase Details

Closed on
Sep 8, 2023
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Aug 18, 2023
Sold by
Sheriff Of Saline County
Bought by
Wells Fargo Bank Na and Littler

Purchase Details

Closed on
Jun 15, 2011
Sold by
Davis Shannon L and Davis Regina M
Bought by
Littler Christopher B and Littler Amanda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,900
Interest Rate
4.75%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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 $54,000 None Listed On Document
Special Warranty Deed $30,000 None Listed On Document
Special Warranty Deed -- None Listed On Document
Sheriffs Deed $74,804 None Listed On Document
Warranty Deed $92,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $94,113 VA
Previous Owner $97,900 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $54,000 -16.8% $35 / Sq Ft
08/24/2024 08/24/24 For Sale $64,900 +116.3% $42 / Sq Ft
07/17/2024 07/17/24 Sold $30,000 -13.0% $19 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $34,500 -- $22 / Sq Ft
Source: RMLS Alliance

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
2023 $2,792 $36,390 $1,226 $35,164
2022 $2,592 $33,845 $1,140 $32,705
2021 $2,368 $30,767 $1,036 $29,731
2020 $2,485 $29,845 $1,005 $28,840
2019 $2,486 $29,845 $1,005 $28,840
2018 $2,516 $29,845 $1,005 $28,840
2017 $2,392 $29,845 $1,005 $28,840
2016 $15 $29,845 $1,005 $28,840
2015 -- $29,845 $1,005 $28,840
2014 $1,665 $29,845 $1,005 $28,840
2013 $1,665 $29,845 $1,005 $28,840
2012 $1,665 $29,845 $1,005 $28,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB454827

RMLS Alliance

APN: 13-1-032-03