NOT LISTED FOR SALE

726 N Locust St Litchfield, IL 62056

Estimated Value: $71,496 - $98,000

2 Beds
1 Bath
1,200 Sq Ft
$73/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $9,750 $8 Per Sq Ft

Est. 799% increase in value since last sale

Current estimated payment $505/month

10 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Enclosed Glass Porch
  • Litchfield Middle School Rated 9+
  • Wood Flooring
  • Some Wood Windows

About This Home

As of January 2024

ONLINE ONLY AUCTION https://hibid.com ABSOLUTE/NO RESERVE/NO BUYER'S PREMIUM AUCTION ENDS 12/31/23 @ NOON! Discover the potential of this 2-bed, 1-bath home situated on a large 50x144 corner lot. This property features a 1 car carport, a covered front porch, a side deck, an enclosed porch, a spacious laundry area with extra storage, and an unfinished basement. While the home needs repairs as can be seen by the pictures and the current status of furnace, AC, roof, plumbing, and electrical is unknown, it presents a golden opportunity for savvy investors! The property is being sold As-Is with No warranties. Buyer is responsible for all inspections prior to bidding and the sale is not contingent upon financing, appraisal, or inspections. A $2,500 non-refundable escrow deposit is due at Spears Title Company the next business day and closing by 1/31/24. Contact your Realtor for more information on bidding. Don't miss out! Bid now and shape this fixer-upper into a rewarding asset!

Last Agent to Sell the Property

Brandi Lentz

MCR Realty Professionals, Inc License #471003219 Listed on: 12/20/2023

Last Buyer's Agent

Brandi Lentz

MCR Realty Professionals, Inc License #471003219 Listed on: 12/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $320

Year Built

  • Built in 1905

Lot Details

  • 7,244 Sq Ft Lot
  • Lot Dimensions are 50 x 144

Home Design

  • Traditional Architecture
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Side or Rear Entrance to Parking

Outdoor Features

  • Deck
  • Enclosed Glass Porch

Schools

  • Litchfield Dist 12 Elementary And Middle School
  • Litchfield Community High Scho

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10-33-434-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$320

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Bungalow / Cottage
  • Cross Street: E Park Pl
  • Special Areas: Main Floor Laundry
  • Special Description: Owner Occupied
  • Age: 119
  • Ownership: Bank
  • Year Built: 1905
  • Directions: IL Route 16/E Union Ave. to N Locust St. Go North to home.
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Partial, Unfinished
  • Interior Amenities: Some Wood Floors
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Misc Features: Deck, Porch-Covered, Porch-Glass Enclosed
  • Total Living Area: 1200.00
  • Windows/Doors: Some Wood Windows
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Room Cnt: 7
  • Square Footage: 1200
  • Total Full Baths: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Vinyl Siding

Garage/Parking

  • Carport Spaces: 1
  • Parking: Rear/Side Entry

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • School District: LITCHFIELD DIST 12
  • Elementary School: LITCHFIELD DIST 12
  • Middle School: LITCHFIELD DIST 12
  • High School: Litchfield Community High Scho
  • Elementary School: LITCHFIELD DIST 12
  • Junior High School: LITCHFIELD DIST 12
  • School District: LITCHFIELD DIST 12
  • Senior High School: Litchfield Community High Scho

Lot Info

  • Lot Dimensions: 50 x 144
  • Lot Sq Ft: 7244
  • Acres: 0.1663

Tax Info

  • Taxes Paid: 978
  • Taxes Paid Year: 2022
  • Assessor Parcel Number: 10-33-434-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Jan 30, 2024
Sold by
Litchfield National Bank
Bought by
Robinson Max W and Robinson Carla J
Seller's Agent
Brandi Lentz
MCR Realty Professionals, Inc
Buyer's Agent
Brandi Lentz
MCR Realty Professionals, Inc
List Price
$1
Sold Price
$9,750
Premium/Discount to List
$9,749
974900%
Views
30
Current Estimated Value
$87,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,874
Avg. Annual Appreciation
319.88%

Purchase Details

Closed on
May 21, 2008
Sold by
Taylor Rose Ann and Jackson Carl D
Bought by
Jackson Justin J and Jackson Shelley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2005
Sold by
Jackson Juanita D
Bought by
Taylor Rose Ann and Jackson Carl D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Robinson Max W $10,000 Spears Title
Jackson Justin J $40,000 Community Title & Escrow
Taylor Rose Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Justin J $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Sold $9,750 +974900.0% $8 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
12/20/2023 12/20/23 For Sale $1 -- $0 / Sq Ft
Source: MARIS MLS

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 $320 $6,670 $4,130 $2,540
2023 $326 $6,298 $3,900 $2,398
2022 $978 $17,160 $3,680 $13,480
2021 $937 $16,610 $3,560 $13,050
2020 $861 $15,750 $3,380 $12,370
2019 $865 $15,460 $3,320 $12,140
2018 $849 $14,990 $3,220 $11,770
2017 $832 $14,790 $3,180 $11,610
2016 $808 $14,360 $3,090 $11,270
2015 $777 $14,460 $3,110 $11,350
2013 $749 $14,230 $3,060 $11,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23073445

MARIS MLS

APN: 10-33-434-001