NOT LISTED FOR SALE

5560 E Loami Rd Chatham, IL 62629

Estimated Value: $54,000 - $130,437

2 Beds
1 Bath
1,487 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $38,000 $26 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $604/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Backs to Open Ground
  • Shed
  • Glenwood High School Rated A-
  • Eat-In Kitchen
  • Open Floorplan

About This Home

As of March 2021

Have you been looking for some acreage out in the country, but yet close to everything. This home is sitting on 1.5 acres and ready for the new owners to come in and give the home a new facelift. Home is a total renovation but has some great potential for that right individual. Part of the home has extensive fire damage due to a space heater and is not livable, will need to be totally renovated, do not walk in this area. The previous tenant that lived in the home had started with some renovations, so some of your work has already been started. The opportunities are endless. Home is sold as is - seller will not pay for any repairs, inspections, etc. Shed in back yard will stay with property. Three sides of property are surrounded by farm fields. The beginning of the driveway is a partial shared driveway, but there is plenty of room to make your own separate drive way to give you even more privacy. MLS information pulled from various sources. Buyer's/Buyer's Agent should verify.

Last Agent to Sell the Property

Lisa Webb

Third Street Realty License #471.020281 Listed on: 03/09/2021

Last Buyer's Agent

Default Zmember

Zdefault Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 1924

Lot Details

  • 1.5 Acre Lot
  • Backs to Open Ground
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,487 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Utility Room
  • Laundry on main level
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Chatham Dist 5 Elementary And Middle School
  • Chatham Dist 5 High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiator
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-15.0-100-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,268

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 2 Story
  • Special Areas: Main Floor Laundry, Utility Room
  • Special Description: No Exemptions
  • Age: 97
  • Ownership: Private
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Space/Crawl or Other
  • Dining Room: Dining/Living Rm Cmb, Kitchen/Dining Combo
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 1
  • Main Full Bathrooms: 1
  • Total Living Area: 1487.00
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Square Footage: 1487
  • Total Full Baths: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

  • Water: Public
  • Water Heater: Gas
  • Cooling: 1 Window/Wall
  • Heating: Radiator(s)

Schools

  • School District: CHATHAM DIST 5
  • Elementary School: CHATHAM DIST 5
  • Middle School: CHATHAM DIST 5
  • High School: CHATHAM DIST 5
  • Elementary School: CHATHAM DIST 5
  • Junior High School: CHATHAM DIST 5
  • School District: CHATHAM DIST 5
  • Senior High School: CHATHAM DIST 5

Lot Info

  • Lot Description: Backs to Open Grnd, Level Lot
  • Lot Dimensions: 1.5 acres
  • Lot Sq Ft: 65340
  • Acres: 1.5000

Building Info

  • Buildings: Shed(s)

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 1021
  • Taxes Paid Year: 2019
  • Assessor Parcel Number: 28-15.0-100-005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Mar 23, 2021
Sold by
Joan Shadwick Georgia
Bought by
Garcia Stephanie Mejia
Seller's Agent
Lisa Webb
Third Street Realty
Buyer's Agent
Default Zmember
Zdefault Office
List Price
$44,900
Sold Price
$38,000
Premium/Discount to List
-$6,900
-15.37%
Current Estimated Value
$93,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,609
Avg. Annual Appreciation
22.07%

Purchase Details

Closed on
Feb 4, 1995
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
Garcia Stephanie Mejia $38,000 Central Illinois Title
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $38,000 -15.4% $26 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $44,900 -- $30 / 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 $1,268 $19,122 $9,675 $9,447
2023 $1,221 $17,598 $8,904 $8,694
2022 $1,203 $16,949 $8,576 $8,373
2021 $1,063 $14,846 $8,644 $6,202
2020 $1,037 $14,484 $8,433 $6,051
2019 $1,021 $14,467 $8,423 $6,044
2018 $996 $14,297 $8,324 $5,973
2017 $986 $14,141 $8,233 $5,908
2016 $971 $13,849 $8,063 $5,786
2015 $976 $13,715 $7,985 $5,730
2014 $972 $13,559 $7,894 $5,665
2013 $953 $13,351 $7,773 $5,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21014516

MARIS MLS

APN: 28-15.0-100-005