NOT LISTED FOR SALE

5506 Walnut St Richmond, IL 60071

Estimated Value: $234,000 - $350,226

4 Beds
1.5 Baths
2,404 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2025

Last sale price $250,000 $104 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,127 / mo

159 Days on Market

Highlights

  • Mature Trees
  • Property is near park
  • Formal Dining Room
  • Deck
  • Ranch Style House
  • Living Room

About This Home

As of January 2025

Magnificent location! Nearly 1/2 acre with mature trees backing up to a village park on the north side of Richmond. Within walking distance to downtown Richmond's destination eateries and the celebrated Prairie Trail. Lake Geneva and Lake Elizabeth are right up the road if you love shopping and boating. Roof is newer within the past 5 years - the flat portion of the roof is about 10 years old. You will love the quaint country kitchen with table space and plenty of cabinets. Open Family Room/Kitchen. Wonderful, sunny Living Room, separate Dining Room and 4 generously sized bedrooms. Updated full bath and convenient half bath. Main floor laundry in addition to basement hook ups. Boiler heat (this is the most comfortable heat you will experience!) is only 15 years old. Basement is perfect for storage. This is a charming home that has been in the same family since it was built about 70 years ago. Brand new septic system installed November 2024.

Last Agent to Sell the Property

Elise Livingston

RE/MAX Plaza License #471008028 Listed on: 07/14/2024

RE/MAX Plaza

Last Buyer's Agent

Jim Starwalt

Better Homes and Garden Real Estate Star Homes License #471010243

Better Homes and Garden Real Estate Star Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 1953

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 83.1x230.9
  • Mature Trees
  • Wooded Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,404 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Schools

  • Richmond Grade Elementary School
  • Nippersink Middle School
  • Richmond-Burton Community High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Well
  • Private or Community Septic Tank

Additional Features

  • Deck
  • Property is near park

Community Details

  • Custom Ranch

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,820

Year Built

Built in 1953

Lot Details

0.45 Acres

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1953
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2404
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Park Adjacent, Wooded, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Off Street, Side Apron
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Septic-Private
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Steam, Baseboard, Radiant
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Richmond Grade School
  • High School: Richmond-Burton Community High S
  • Middle/Junior School: Nippersink Middle School

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 83.1X230.9
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 1819.74
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2024
Closed on
Jan 6, 2025
Sold by
Bought by
Seller's Agent
Elise Livingston
RE/MAX Plaza
Buyer's Agent
Jim Starwalt
Better Homes and Garden Real Estate Star Homes
List Price
$247,500
Sold Price
$250,000
Premium/Discount to List
$2,500
1.01%
Views
66
Current Estimated Value
$303,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,782
Avg. Annual Appreciation
10.67%
Original Mortgage
$242,500
Interest Rate
0.0725%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 Old Republic Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $242,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $250,000 +1.0% $104 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $247,500 0.0% $103 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $247,500 -10.0% $103 / Sq Ft
07/14/2024 07/14/24 For Sale $274,900 -- $114 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,845 $72,026 $15,874 $56,152
2023 $1,820 $65,843 $14,511 $51,332
2022 $2,398 $59,286 $13,066 $46,220
2021 $2,422 $56,902 $12,541 $44,361
2020 $2,482 $54,751 $12,067 $42,684
2019 $2,541 $52,991 $11,679 $41,312
2018 $2,687 $50,801 $11,196 $39,605
2017 $4,064 $48,377 $10,662 $37,715
2016 $3,941 $45,356 $9,996 $35,360
2013 -- $42,885 $9,452 $33,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12110608

Midwest Real Estate Data (MRED)

APN: 04-09-251-011

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