See Home Value
Champaign 61880
502 South Bourne Street
$180,072*
House - Off Market

502 South Bourne Street

Tolono, IL 61880
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1375 Sqft
$144,000 - $176,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jul 13, 2021
$162,500
$130,000 by Villa Grove State Bank
Mortgage Due Aug 01, 2051
Sold Jul 25, 2016
$137,000
$109,600 by Primelending
Mortgage Due Aug 01, 2046

About This Property

One of a kind! This well maintained and updated home is located on a 1 acre lot just outside of town offering both privacy and a convenient location! This home is move in ready with beautifully refinished hardwood flooring on the first floor, freshly painted trim, an updated bathroom, kitchen, and a bonus room perfect for storage, crafts, or other hobbies. The basement is partially finished with a drop ceiling and finished walls in 3 rooms and even includes a half bath. With low maintenance vinyl siding, recently replaced HVAC, and updated electrical, this home is ready to go!

The manager has listed the unit size as 1375 square feet.
Unit Size
1,375Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$116
Property Type
House
Property Taxes
$1,467
HOA Dues
-
Year Built
1911

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jul 13, 2021 Sold to Caroline G Hayes, Osric N H... $162,500
Sold to Caroline G Hayes, Osric N H...
May 1, 2021 In contract -
In contract
Apr 29, 2021 Listed $160,000
Listed
Jul 25, 2016 Sold to Diane Lough $137,000
Sold to Diane Lough

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: A-frame
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,215
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 3,030
  • Gross Building Area: 3,134
  • Building Area: 1,215
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,215
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BATES SUB
  • Land Acres: 1.03
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 BATES SUB

Ownership

  • Current Owner : HAYES OSRIC N
  • Current Owner 2: HAYES CAROLINE G
  • Previous Owner : LOUGH DIANE
  • Owner Before Previous Owner: SUITS BRETT L
  • Owner Before Previous Owner 2: SUITS KAYLA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Tolono Community Unit School District 7
  • School Tax School District: 101
  • Census Tract: 010901

Geography

  • District: 29
  • Parcel: 29-26-35-200-024
  • Lot: 1
  • Meridian: SEC 35 TWN 18N RNG 08E
  • Municipality: TOLONO
  • Latitude: 39.9785
  • Longitude: -88.2592

    Address

  • Full Address: 502 S Bourne St
  • Address - House Number: 502
  • Street Direction: S
  • Address - Street Name: Bourne
  • Address - Suffix Type: St
  • State: IL
  • City Name: Tolono
  • Carrier Code: R003
  • 4-Digit Zip Code: 9795
  • Zip Code: 61880

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,572
  • Tax Rate Code Area: 2902

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 161,455
  • High Value: 197,537
  • Low Value: 125,373

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: VILLA GROVE STATE BANK
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $99,690
  • Market Land Value: $17,040
  • Market Improvement Value: $82,650

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,230
  • Assessed Land Value: $5,680
  • Assessed Improvements Value: $27,550

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Transaction ID: 11842945092
  • Current Sale Price: $162,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R16338
  • Previous Sale Recording Date: Jul 25, 2016
  • Previous Sale Contract Date: May 23, 2016
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VILLA GROVE STATE BANK
  • First Mortgage Transaction Date: Jul 13, 2021
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Jul 25, 2016
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $109,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1.5 Baths
854 ft²
$193/ft²
$165,000 Feb 10, 2023
-
$175/mo

About Champaign


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Frequently Asked Questions

When was property at 502 South Bourne Street built and last sold?
The property at 502 South Bourne Street was built in 1911 and last sold on Jul 9, 2021 for $162,500.
How much is this home worth?
The estimated value of the home located at 502 South Bourne Street is $166,122.
What are some comparable homes to 502 South Bourne Street?
There are currently no comparable homes to 502 South Bourne Street.

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