NOT LISTED FOR SALE

609 Fair Ave Pana, IL 62557

Estimated Value: $58,000 - $71,000

2 Beds
1 Bath
816 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $50,000 $61 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $445/month

138 Days on Market

About This Home

As of August 2024

Close to downtown, shopping and hospital this two-bedroom home is ready for you to call home. The layout maximizes the space throughout. A large kitchen with oak cabinets adds a touch of warmth and durability. Having a full basement with plenty of potential uses opens many possibilities for the home. The laundry is in the basement giving you plenty of space to design a cozy laundry area.

Last Agent to Sell the Property

Jennifer Franklin

The Real Estate Group LLC License #475124311 Listed on: 03/15/2024

The Real Estate Group LLC

Last Buyer's Agent

Carol Spracklen

Carol & Company License #471002522

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,567

Year Built

  • Built in 1950

Lot Details

  • 5,054 Sq Ft Lot
  • Lot Dimensions are 80.73x56
  • Property fronts a state road

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • Neals Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-25-21-405-008-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,567

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 816.0
  • Directions: South on Rte 51/Fair Ave. Home on West side of road
  • Lot Size Acres: 0.12
  • Lot Size: 80.73x56
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Neals Second Add
  • Year Built: 1950
  • Road Frontage Type: State Road
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 816.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range, Water Heater
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Main Level Primary
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Other
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Pana Dist. 8

Lot Info

  • Lot Size Sq Ft: 5054.0
  • Parcel #: 11-25-21-405-008-00
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1567.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Aug 21, 2024
Sold by
Hadley Homes Llc
Bought by
Koski Waylon
Seller's Agent
Jennifer Franklin
The Real Estate Group LLC
Buyer's Agent
Carol Spracklen
Carol & Company
List Price
$67,000
Sold Price
$50,000
Premium/Discount to List
-$17,000
-25.37%
Views
128
Current Estimated Value
$62,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,288
Avg. Annual Appreciation
17.40%
Original Mortgage
$40,000
Outstanding Balance
$31,736
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$30,552

Purchase Details

Listed on
Sep 9, 2021
Closed on
Mar 22, 2022
Sold by
Chernisky David J
Bought by
Hadley Homes Inc
Seller's Agent
Philip Dressen
Phil Dressen Realtors
Buyer's Agent
Philip Dressen
Phil Dressen Realtors
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$36,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Marley Raymond W and Marley Mary Jean
Bought by
Chernisky David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
6.04%
Mortgage Type
New Conventional
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
Koski Waylon $50,000 Advanced Title
Hadley Homes Inc -- None Listed On Document
Chernisky David J $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koski Waylon $40,000
Previous Owner Hadley Homes Inc $36,000
Previous Owner Chernisky David J $49,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2024 08/21/24 Sold $50,000 -13.6% $61 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $57,900 -3.3% $71 / Sq Ft
05/09/2024 05/09/24 Price Changed $59,900 -7.7% $73 / Sq Ft
04/07/2024 04/07/24 Price Changed $64,900 -3.1% $80 / Sq Ft
03/16/2024 03/16/24 For Sale $67,000 +67.5% $82 / Sq Ft
03/22/2022 03/22/22 Sold $40,000 -19.8% $49 / Sq Ft View Prior Sale
03/05/2022 03/05/22 Pending -- -- --
09/09/2021 09/09/21 For Sale $49,900 -- $61 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $1,429 $14,712 $2,011 $12,701
2023 $1,372 $13,900 $1,900 $12,000
2022 $1,567 $15,272 $1,886 $13,386
2021 $919 $14,973 $1,849 $13,124
2020 $868 $14,338 $1,771 $12,567
2019 $888 $14,676 $1,813 $12,863
2018 $958 $15,393 $1,771 $13,622
2017 $976 $15,707 $1,807 $13,900
2016 $964 $15,663 $1,802 $13,861
2015 $956 $15,481 $1,781 $13,700
2014 $967 $14,400 $1,657 $12,743
2013 $969 $15,550 $1,658 $13,892
2011 $967 $15,917 $1,697 $14,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6240827

APN: 11-25-21-405-008-00