Great opportunity to build in Central Grade School District! Most affordable lot in town, in popular Washington Estates Subdivision. Restrictions and plat available.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX WRC Downtown
Office Phone: (309) 369-9333
Listing Agent: Mark Helmuth
Lot Features
Lot Information:
Lot: Level
Other
Directions Information:
Directions: Bus. Route 24 to Gillman to Fayette
Price Information
Listing Price Info
Price Summary:
List Price: $39,900
Tax Information:
Annual Amount: $746
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Washington, IL.
This property is $184.8K less than the Median Sold Price in Washington, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: RMLSA
MLS Number: #PA1248857
Listing Office:
Office Name: RE/MAX WRC Downtown
Office Phone: (309) 369-9333
Listing Agent: Mark Helmuth
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$267
Per Month
Principal & Interest
$200
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$186
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Central Primary School
1400 Newcastle Rd
Distance between this listing and this school0.58 miles
Public District Grades PK-3
4
/10
Lincoln Grade School
303 Jackson St
Distance between this listing and this school1.26 miles
Public District Grades PK-4
3
/10
J L Hensey Elementary School
304 E Almond Dr
Distance between this listing and this school3.09 miles
Public District Grades PK-3
Nearby Schools
10
/10
Central Intermediate School
1301 Eagle Ave
Distance between this listing and this school0.34 miles
Public District Grades 4-8
7
/10
Washington Middle School
1100 N Main St
Distance between this listing and this school1.51 miles
Public District Grades 5-8
3
/10
Beverly Manor Elementary School
1014 School St
Distance between this listing and this school2.35 miles
Public District Grades 4-8
Nearby Schools
9
/10
Washington Community High School
115 Bondurant St
Distance between this listing and this school0.83 miles
Public District Grades 9-12
10
/10
Morton High School
350 N Illinois Ave
Distance between this listing and this school6.65 miles
Public District Grades 9-12
4
/10
East Peoria High School
1401 E Washington St
Distance between this listing and this school6.95 miles
The neighbors living near this home have an average income of $76,455. The majority of Washington, IL residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1507 Fayette Ave
What is the listing price of this property?
The listing price of 1507 Fayette Ave property is $39,900.
What type of property is this?
The property 1507 Fayette Ave is land located in Washington, Illinois, 61571.
Is this property for sale now?
Active Listing: 1507 Fayette Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $746 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 28, 2013 for $145,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1507 Fayette Ave in Washington, IL and zip code 61571 in the Washington Estates neighborhood. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $39,900.
In October 2024, from all listings sold in Washington, IL there were more than 12 sold above asking price, over 20 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Washington, IL between September 2024 and October 2024 increased by 20.2%. In October 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $224,750.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Soccer
Soccer
PGA/LPGA
College Football
Old Navy
Stein Mart
Express/Express For Men
Jimmy Johns
Cracker Barrel
Sonic
GMC
Lexus
Kia
New Country
Oldies
Adult Hits