NOT LISTED FOR SALE

701 E 3rd St Pana, IL 62557

Estimated Value: $70,000 - $139,000

3 Beds
2 Baths
2,064 Sq Ft
$48/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $40,000 $19 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $672/month

570 Days on Market

Highlights

  • Victorian Architecture
  • Walk-In Closet
  • Wood Siding
  • 2 Car Attached Garage
  • Hot Water Heating System
  • Wood Burning Fireplace

About This Home

As of April 2016

This historical 2-story home sits on a 84' x 120' corner lot in the historical part of Pana. The home has been all updated with the wiring, plumbing and roof. The entire interior has been newly painted. Most of the flooring has the original hardwood flooring in place. Also present is the beautiful original stair case. Has a 13.6' x 8' sun room. The screened-in breeze way is attached to the 2-car garage which has a new insulated over head door. A large walk in closet is with the large bedroom. PRICE HAS BEEN DROPED TO $55,000.00. SELLER IS MOTIVATED TO SELL.

Last Agent to Sell the Property

Bob Smith

Grissom-Schmitz Realty License #471004879 Listed on: 08/08/2014

Last Buyer's Agent

Beth Holthaus

Carol & Company License #475101606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1930

Lot Details

  • 10,080 Sq Ft Lot
  • Lot Dimensions are 84 x 120

Parking

  • 2 Car Attached Garage

Home Design

  • Victorian Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • No Cooling
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11 25 22 136 001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,004

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 1376.0
  • Directions: Locust ST.(Rt.51.) to Third Street, East on Third Street to 701 E. Third. Property on South Side of Street on the Corner. Or Hickory Street to Third Street, West on Third Street to 701 E. Third Street. Property on South Side of Street on Corner.
  • Lot Size Acres: 0.23
  • Lot Size: 84 x 120
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Other
  • Building Stories: 2
  • Year Built: 1930
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Range, Refrigerator
  • Has Basement: Unfinished, Crawl Space, Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 688.0
  • Interior Amenities: Fireplace, Walk-In Closet(s)
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement, Crawlspace

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: None
  • Heating: Hot Water
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Pana Dist. 8

Lot Info

  • Lot Size Sq Ft: 10080.0
  • Parcel #: 11 25 22 136 001.00
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1003.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2020
Sold by
Miles Charles E
Bought by
Weddle Ian H
Current Estimated Value
$98,750

Purchase Details

Listed on
Aug 8, 2014
Closed on
Apr 19, 2016
Sold by
Grimes Francis E and Grimes Patty L
Bought by
Weddle Ian H
Seller's Agent
Bob Smith
Grissom-Schmitz Realty
Buyer's Agent
Beth Holthaus
Carol & Company
List Price
$69,900
Sold Price
$40,000
Premium/Discount to List
-$29,900
-42.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$42,159
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1995
Bought by
Grimes Francis E and Grimes Patty L
Source: Public Records

Range of Values:

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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
Weddle Ian H $2,000 None Available
Weddle Ian H $40,000 None Available
Grimes Francis E $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weddle Ian H $42,159
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2016 04/19/16 Sold $40,000 -42.8% $19 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
08/08/2014 08/08/14 For Sale $69,900 -- $34 / 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 $1,759 $24,105 $4,181 $19,924
2023 $1,656 $22,775 $3,950 $18,825
2022 $808 $13,875 $3,923 $9,952
2021 $779 $13,603 $3,846 $9,757
2020 $732 $13,026 $3,683 $9,343
2019 $751 $13,333 $3,770 $9,563
2018 $1,495 $20,661 $3,566 $17,095
2017 $1,517 $21,083 $3,639 $17,444
2016 $1,677 $21,024 $3,629 $17,395
2015 $2,165 $21,475 $3,706 $17,769
2014 $1,002 $19,974 $3,447 $16,527
2013 $1,004 $20,891 $3,446 $17,445
2011 $1,110 $21,384 $3,527 $17,857
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bob Smith

    Grissom-Schmitz Realty

  • B

    Buyer's Agent in 2016

    Beth Holthaus

    Carol & Company

    (217) 562-5800

    9 in this area

    9 Total Sales

    Beth Holthaus
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6134418

APN: 11-25-22-136-001-00

Illinois Christian County Pana 62557

701 E 3rd St, Pana, IL

This home is located at 701 E 3rd St, Pana, IL 62557 since 08 August 2014 and is currently estimated at $98,750, approximately $47 per square foot. This property was built in 1930. 701 E 3rd St is a home located in Christian County with nearby schools including Washington Elementary School, Lincoln Elementary School, and Pana Jr High School.

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