NOT LISTED FOR SALE

705 E Elm St Fairbury, IL 61739

Estimated Value: $222,000 - $294,617

4 Beds
2.5 Baths
2,475 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $218,000 $88 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,066/month

10 Days on Market

Highlights

  • Heated Floors
  • Recreation Room
  • Corner Lot
  • Contemporary Architecture
  • Main Floor Bedroom
  • Home Office

About This Home

As of August 2021

Back on the market and sellers are R-E-A-D-Y to sell! This property might look small on the outside, but it's got space, space, and more space on the inside! With too many updates to list, you need to see it yourself to believe it! Located on a HUGE 3/4 of an acre corner lot, this 4 bedroom, 2.5 baths home features 3 large living spaces and an additional office/bonus room in the fully finished basement! With a heated and air conditioned garage, it's fully loaded with all appliances staying, and even the furnishings are negotiable. Property also has a large shed on the corner of the lot and house was re-shingled in 2020! It's 100% move-in ready and waiting to be yours!

Last Agent to Sell the Property

Jarrin Rabe

Coldwell Banker Real Estate Group License #475185843 Listed on: 07/22/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jarrin Rabe

Coldwell Banker Real Estate Group License #475185843 Listed on: 07/22/2021

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,542

Year Built

  • Built in 1932

Lot Details

  • Lot Dimensions are 225 x 150
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • 1.5-Story Property
  • Bungalow
  • Combination Foundation
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,475 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Lower Floor Utility Room
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Shed

Schools

  • Chenoa Elementary School
  • Prairie Central Jr High Middle School
  • Prairie Central High School

Utilities

  • Zoned Heating and Cooling
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Baseboard Heating
  • 200+ Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,542

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow, Ranch, Contemporary
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Not Applicable
  • Year Built: 1932
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 786
  • Interior Amenities: Skylight(s), Hardwood Floors, Heated Floors, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Some Wood Floors, Separate Dining Room
  • LivingArea: 2475
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Utility Room-Lower Level, Walk In Closet, Office, Recreation Room
  • Estimated Total Finished Sq Ft: 3515
  • Basement Description: Finished,Rec/Family Area,Walk-Up Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2729
  • Basement Sq Ft: 1146
  • Total Sq Ft: 3875
  • Unfinished Basement Sq Ft: 360
  • Upper Level Sq Ft: 381
  • Attic: Unfinished
  • Main Level Sq Ft: 2348
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Wood Laminate
  • Kitchen: Eating Area-Breakfast Bar,Updated Kitchen
  • Living Room Flooring: Carpet
  • MRD_MBB: None
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 12X11
  • Bedroom 3 Flooring: Carpet
  • Laundry Flooring: Vinyl
  • Family Room Flooring: Ceramic Tile
  • Bedroom 4 Flooring: Hardwood

Exterior Features

  • Foundation Details: Block
  • List Price: 219900
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Combination

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 3
  • Number of Cars: 5
  • Driveway: Gravel
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 1 (Window/Wall Unit), Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Baseboard, Radiator(s)
  • Laundry Features: Electric Dryer Hookup, Laundry Chute
  • 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: Chenoa Elementary
  • High School: Prairie Central High School
  • Middle/Junior School: Prairie Central Jr High
  • Middle/Junior School District: 8

Lot Info

  • Lot Dimensions: 225 X 150
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5542
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 31, 2021
Sold by
Shafer Zachary T and Shafer Jessica L
Bought by
Bounds Trenton and Bounds Kylie
Seller's Agent
Jarrin Rabe
Coldwell Banker Real Estate Group
Buyer's Agent
Jarrin Rabe
Coldwell Banker Real Estate Group
List Price
$219,900
Sold Price
$218,000
Premium/Discount to List
-$1,900
-0.86%
Current Estimated Value
$266,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,654
Avg. Annual Appreciation
5.14%
Original Mortgage
$174,400
Outstanding Balance
$158,804
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$107,850

Purchase Details

Closed on
Dec 13, 2012
Sold by
Roth Nicholas J and Roth Lori L
Bought by
Shafer Zachary T and Shafer Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.34%
Mortgage Type
New Conventional
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
Bounds Trenton $218,000 None Available
Shafer Zachary T $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bounds Trenton $174,400
Previous Owner Shafer Zachary T $35,081
Previous Owner Shafer Zachary T $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $218,000 -0.9% $88 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $219,900 -- $89 / 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 $7,503 $87,550 $19,647 $67,903
2023 $6,902 $79,159 $17,764 $61,395
2022 $6,908 $79,071 $17,943 $61,128
2021 $5,724 $65,628 $16,832 $48,796
2020 $5,538 $63,104 $16,185 $46,919
2019 $3,922 $45,877 $15,528 $30,349
2018 $4,516 $51,706 $15,894 $35,812
2017 $4,566 $52,815 $16,235 $36,580
2016 $4,536 $52,815 $16,235 $36,580
2015 $4,381 $51,277 $15,762 $35,515
2013 $4,758 $54,349 $16,286 $38,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11164661

Midwest Real Estate Data (MRED)

APN: 25-25-02-363-004