NOT LISTED FOR SALE

540 W Latimer St Abingdon, IL 61410

Estimated Value: $75,000 - $140,375

5 Beds
2.5 Baths
2,057 Sq Ft
$51/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $52,500 $26 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $774/month

193 Days on Market

About This Home

As of May 2024

Don't miss out on this 5 bedroom, 2 1/2 bathroom home with room to grow! This home boasts original hardwood floors and woodwork throughout. Just needs someone to put in the sweat and bring it back to its former glory! There is an additional room upstairs that could be a bedroom, office, playroom, etc but you have to pass through it for one of the other bedrooms. One bedroom is on the main level, and there is a 3 seasons room as well. Basement was previously finished and used as a daycare and has the potential to become additional living space again. Large corner lot, just down the street from the school. AS IS

Last Agent to Sell the Property

Jared Litwiller

Freedom Realty Brokerage Email: jared@jaredsells.com License #475155972 Listed on: 09/28/2023

Co-Listed By

Adam White

Freedom Realty Brokerage Email: jared@jaredsells.com License #471020882

Last Buyer's Agent

Sara Varner

Platinum Key Real Estate, LLC License #471020643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 78x138

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,057 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Abingdon-Avon High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 1332477001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1903
  • Architectural Style: One and Half Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: jared@jaredsells.com
  • Special Features: None

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2057
  • KitchenDining: Pantry

Exterior Features

  • Lot Features: Other
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Heating: Gas, Forced Air
  • Water Source: Public

Schools

  • High School: Abingdon-Avon

Lot Info

  • Lot Size: 78x138
  • Parcel #: 1332477001

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2338
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
May 3, 2024
Sold by
Wallace Troy and Wallace Jimmy
Bought by
Dennis Michelle and Dennis Michael
Seller's Agent
Jared Litwiller
Freedom Realty
Buyer's Agent
Sara Varner
Platinum Key Real Estate, LLC
List Price
$59,900
Sold Price
$52,500
Premium/Discount to List
-$7,400
-12.35%
Views
503
Current Estimated Value
$105,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,094
Avg. Annual Appreciation
60.34%
Original Mortgage
$42,000
Outstanding Balance
$32,239
Interest Rate
7.25%
Mortgage Type
Construction
Estimated Equity
$73,355

Purchase Details

Closed on
Apr 21, 2006
Sold by
Tompkins State Bank
Bought by
Wallace Troy
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
Dennis Michelle $52,500 Western Illinois Title
Wallace Troy $9,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dennis Michelle $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $52,500 -12.4% $26 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $59,900 0.0% $29 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $59,900 -7.8% $29 / Sq Ft
09/28/2023 09/28/23 For Sale $65,000 -- $32 / 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
2024 $2,624 $38,190 $2,930 $35,260
2023 $2,624 $34,460 $2,640 $31,820
2022 $2,339 $32,600 $2,510 $30,090
2021 $2,274 $31,340 $2,410 $28,930
2020 $2,177 $30,140 $2,320 $27,820
2019 $2,233 $29,840 $2,300 $27,540
2018 $2,155 $28,970 $2,230 $26,740
2017 $2,125 $28,410 $2,190 $26,220
2015 -- $27,860 $2,150 $25,710
2013 $2,054 $27,590 $2,130 $25,460
Source: Public Records

Agents Affiliated with this Home

  • Jared Litwiller

    Seller's Agent in 2024

    Jared Litwiller

    Freedom Realty

    (309) 840-5983

    1 in this area

    792 Total Sales

    Jared Litwiller
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Adam White

    Freedom Realty

    (309) 585-2281

    1 in this area

    57 Total Sales

    Adam White
    Section Image
  • Sara Varner

    Buyer's Agent in 2024

    Sara Varner

    Platinum Key Real Estate, LLC

    (309) 335-3573

    19 in this area

    544 Total Sales

    Sara Varner
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1245747

RMLS Alliance

APN: 13-32-477-001

Illinois Knox County Abingdon 61410

540 W Latimer St, Abingdon, IL

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