NOT LISTED FOR SALE

577 E Prospect St Farmington, IL 61531

Estimated Value: $122,000 - $159,000

2 Beds
2 Baths
1,310 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $114,000 $87 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,063/month

13 Days on Market

Highlights

  • Above Ground Pool
  • Ranch Style House
  • Porch
  • Deck
  • Fenced Yard
  • Patio

About This Home

As of November 2019

Don't miss out on this fully remodeled 2 bedroom, 2 full bath ranch style home located on a double lot in a quiet neighborhood in Farmington. Open concept living room opens up to kitchen & dining room. Features granite counter tops, stainless steel appliances, and travertine backsplash. Gorgeous kitchen cabinets from Hamptons, laminate flooring, and fresh paint throughout. Convenient main floor laundry in master bedroom w/walk in closet. Brand new master bathroom w/walk in tiled shower & floor. Fully remodeled main floor bath. Updated front picture window as well as all exterior doors. Spacious attached 2-car garage with work shop. Newly constructed deck on the back of the home, overlooking the above ground 30' pool and patio. 3 year home warranty with acceptable offer. Basement has potential for 3rd bedroom - No egress window.

Last Agent to Sell the Property

Shelly Koeppel

eXp Realty License #475158863 Listed on: 09/30/2019

eXp Realty

Last Buyer's Agent

Tracey Gerard

Signature Heights Realty, LLC License #471019374

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,053

Year Built

  • Built in 1955

Lot Details

  • Fenced Yard

Home Design

  • Ranch Style House
  • Radon Mitigation System

Interior Spaces

  • 2 Full Bathrooms
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Storage In Attic

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Porch

Schools

  • Farmington Centrl Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,053

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: Lots 51 & 52
  • Lvt Date: 09/30/2019
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Hood/Fan, Microwave Oven, Refrigerator, Range/Oven
  • Interior Amenities: Attic Storage, Garage Door Opener(s), Solid Surface Counter Top, Blinds, Ceiling Fan, Radon Mitigation System
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 2
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 13.03x12.04, On Level: Main, Flooring: Laminate
  • Basement Foundation: Block, Concrete, Full, Partially Finished
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 12.11x10.11, On Level: Main, Flooring: Laminate
  • Informal Dining Room: Dimensions: 16.03x9.05, On Level: Main, Flooring: Laminate
  • Kitchen: Dimensions: 19.04x15.02, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Dining Informal
  • Laundry: Dimensions: 7.09x9.02, On Level: Main, Flooring: Laminate
  • Living Room: Dimensions: 19.04x15.02, On Level: Main, Flooring: Laminate
  • Total Basement Sq Ft: 1310
  • Price Per Sq Ft: 87.02
  • Finished Sq Ft: 1310
  • Total Sq Ft: 1310
  • Finished Main Level Sq Ft: 1310

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Fenced Yard, Patio, Porch, Pool Above Ground, Replacement Windows
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, Guest Parking, On Street Parking, Curbs & Gutters, Paved
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: Ameren

Schools

  • Elementary School: Farmington Centrl
  • Middle School: Farmington
  • High School: Farmington
  • Elementary School: Farmington Centrl

Lot Info

  • Estimated Lot Size: 152 X 140
  • Estimated Number of Acres: 0.48
  • Lot Description: Corner, Level
  • Subdivision: Richard Wake
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3053.4
  • Parcel Id Number Tax Id: 05-04-01-318-025
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2018

MLS Schools

  • High School School District: Farmington
  • Middle School: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 25, 2019
Sold by
Koeppel and Michelle
Bought by
Modglin Jeffery
Seller's Agent
Shelly Koeppel
eXp Realty
Buyer's Agent
Tracey Gerard
Signature Heights Realty, LLC
List Price
$114,900
Sold Price
$114,000
Premium/Discount to List
-$900
-0.78%
Current Estimated Value
$143,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,350
Avg. Annual Appreciation
4.10%
Original Mortgage
$115,151
Outstanding Balance
$102,420
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$41,261

Purchase Details

Closed on
Oct 18, 2011
Sold by
Leeraeann Leeraeann and Leeraeann Timothy C
Bought by
Koeppeldavid Koeppeldavid and Koeppeldavid Michelle
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
Modglin Jeffery $114,000 River Cty Title Co
Koeppeldavid Koeppeldavid $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modglin Jeffery $115,151
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $114,000 -0.8% $87 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $114,900 -- $88 / 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 $3,378 $42,250 $5,670 $36,580
2023 $3,378 $40,430 $5,430 $35,000
2022 $3,309 $40,430 $5,430 $35,000
2021 $3,309 $35,880 $5,430 $30,450
2020 $2,931 $34,690 $5,250 $29,440
2019 $3,097 $35,240 $5,330 $29,910
2018 $3,030 $34,570 $5,230 $29,340
2017 $3,638 $34,570 $5,230 $29,340
2016 $2,933 $33,380 $5,050 $28,330
2015 $2,953 $33,380 $5,050 $28,330
2013 -- $32,530 $4,920 $27,610
2012 -- $31,740 $4,800 $26,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1209422

RMLS Alliance

APN: 05-04-013-180-25