$120,000
SOLD APR 16, 2018

602 E Marshall St Tolono, IL 61880

4 Beds
2 Baths
2,160 Sq Ft
0.33 Acres

Recently Sold

$56 Per Sq Ft

4% Below List Price

0 Day on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • 3 Car Attached Garage

About This Home

As of May 2022

This home is located at 602 E Marshall St, Tolono, IL 61880 and is currently priced at $120,000, approximately $55 per square foot. This property was built in 1966. 602 E Marshall St is a home located in Champaign County with nearby schools including Unity High School.

Last Agent to Sell the Property

Tynan Cain

eXp Realty-Schaumburg License #475143753 Listed on: 02/21/2018

Last Buyer's Agent

Tynan Cain

eXp Realty-Schaumburg License #475143753 Listed on: 02/21/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,544

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 100 x 142
  • Fenced Yard

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Unit 7 Elementary School
  • Unit 7 Junior High School
  • Unit 7 High School

Additional Features

  • Crawl Space
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,544

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 20 AND BLOCK 50
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Disposal,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Disposal,Range Hood

Exterior Features

  • List Price: 125000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Elementary School: UNIT 7 ELEMENTARY SCHOOL
  • High School: UNIT 7 HIGH SCHOOL
  • Middle/Junior School: UNIT 7 JUNIOR HIGH SCHOOL
  • Middle/Junior School District: 7

Lot Info

  • Lot Dimensions: 100 X 142
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 4543.9
  • Tax Year: 2016

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 16, 2022
Sold by
Unity Homes Llc
Bought by
Viswanathan Sumanth and Viswanathan Nancy
Seller's Agent
Marty Carlson
Taylor Realty Associates
Buyer's Agent
Laura Heiser
The Real Estate Group,Inc
List Price
$220,000
Sold Price
$206,000
Premium/Discount to List
-$14,000
-6.36%
Current Estimated Value
$244,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,276
Avg. Annual Appreciation
5.17%
Original Mortgage
$164,800
Outstanding Balance
$153,137
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$91,139

Purchase Details

Listed on
Feb 21, 2018
Closed on
Mar 30, 2018
Sold by
Moffett Diane L
Bought by
Unity Homes Llc
Seller's Agent
Tynan Cain
eXp Realty-Schaumburg
Buyer's Agent
Tynan Cain
eXp Realty-Schaumburg
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%
Original Mortgage
$192,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Listed on
May 16, 2016
Closed on
Aug 10, 2016
Sold by
Salmons Justin M and Salmons Margaret M
Bought by
Moffett Diane L
Seller's Agent
Tynan Cain
eXp Realty-Schaumburg
Buyer's Agent
Tynan Cain
eXp Realty-Schaumburg
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.77%
Original Mortgage
$101,250
Interest Rate
3.48%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $206,000 None Listed On Document
Warranty Deed $120,000 Attorney
Warranty Deed $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,800 New Conventional
Previous Owner $192,000 Commercial
Previous Owner $101,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $206,000 -6.4% $95 / Sq Ft
03/30/2022 03/30/22 For Sale $220,000 +83.3% $102 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
04/16/2018 04/16/18 Sold $120,000 -4.0% $56 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $125,000 -7.4% $58 / Sq Ft
08/10/2016 08/10/16 Sold $135,000 -3.5% $63 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $139,900 -- $65 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,493 $82,220 $8,430 $73,790
2023 $4,493 $76,340 $7,830 $68,510
2022 $4,633 $70,950 $7,280 $63,670
2021 $4,429 $67,320 $6,910 $60,410
2020 $4,381 $65,800 $6,750 $59,050
2019 $4,682 $64,890 $6,660 $58,230
2018 $4,628 $64,890 $6,660 $58,230
2017 $4,664 $62,090 $6,370 $55,720
2016 $4,544 $59,360 $6,090 $53,270
2015 $4,223 $57,240 $5,870 $51,370
2014 $4,279 $54,810 $5,960 $48,850
2013 $4,192 $54,810 $5,960 $48,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09862481

Midwest Real Estate Data (MRED)

APN: 29-26-25-362-007