NOT LISTED FOR SALE

602 Gray Dr Gibson City, IL 60936

Estimated Value: $138,000 - $168,000

3 Beds
2 Baths
1,056 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $125,000 $118 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,063/month

61 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Attached Garage
  • Laundry Room
  • GCMS High School Rated 9+
  • Living Room
  • 1-Story Property

About This Home

As of May 2022

Outstanding home very well kept. Family room was added a few years ago. Has two baths and 3 bedrooms. Master bedroom has its own bath but shower only. Has a fireplace but hasn't been used in years. Well established neighborhood. Home is well decorated with about everything you will need for a nice home.

Last Agent to Sell the Property

William Kruse

Kruse Real Estate License #471000158 Listed on: 12/31/2021

Last Buyer's Agent

Adrianne Cornejo

Keller Williams Revolution License #475170027

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 71x120
  • Property is zoned SINGL

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Gibson City Elementary School
  • GCMS Middle School
  • Gibson City High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1056
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Gibson City Elementary School
  • High School: Gibson City High School
  • Middle/Junior School: Gcms Middle School

Lot Info

  • Lot Dimensions: 71X120
  • Zoning: SINGL
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1186
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2021
Closed on
Apr 27, 2022
Sold by
Le Schaefer Irene J
Bought by
Rhoades Neil
Seller's Agent
William Kruse
Kruse Real Estate
Buyer's Agent
Adrianne Cornejo
Keller Williams Revolution
List Price
$155,000
Sold Price
$125,000
Premium/Discount to List
-$30,000
-19.35%
Current Estimated Value
$160,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,770
Avg. Annual Appreciation
6.56%
Original Mortgage
$128,282
Outstanding Balance
$119,904
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$38,309
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rhoades Neil $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhoades Neil $128,282
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $125,000 -19.4% $118 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $155,000 -- $147 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,732 $43,860 $5,450 $38,410
2023 $2,732 $38,950 $4,840 $34,110
2022 $2,465 $36,400 $4,520 $31,880
2021 $1,219 $35,000 $4,350 $30,650
2020 $1,186 $33,330 $4,140 $29,190
2019 $1,172 $31,740 $3,940 $27,800
2018 $1,180 $31,660 $3,940 $27,720
2017 $1,198 $12,990 $3,920 $9,070
2016 $1,231 $30,740 $3,830 $26,910
2015 $1,195 $30,740 $3,830 $26,910
2014 $1,195 $30,740 $3,830 $26,910
2013 $20 $30,740 $3,830 $26,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11296170

Midwest Real Estate Data (MRED)

APN: 09-11-11-478-010