2 months on rocket

Sale Pending

505 W Reed St, Benton, IL, 62812

$110,000

Home List Price

$1,306*

Closing Credit

3 Bedrooms
2 Full Baths
1,360 SqFt
$81/SqFt
House

Location

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505 W Reed St, Benton$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
Year Built1970
HeatingElectric
MLS #QC4256845
StatusSale Pending
(Pending (No Showings))

About 505 W Reed St

Well maintained ranch style home near town square and i57. Large living Room, large eat-in kitchen with large island and room for a dining table and chairs. Off the hall A large master bedroom with bathroom. Also off the hall two more bedrooms and the main bathroom. In addition, a 12x18 pole barn for storage, workshop or mancave. Refrigerator, Water heater, Stove ,Washer & Dryer 2.5 years new. Lifetime steel roof, newer HVAC excellent condition.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1970
  • Living Area: 1,360 SqFt

Listing Office:

  • Office Name: homecoin.com
  • Listing Agent: Jonathan Minerick

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Oven, Refrigerator, Washer
  • Basement: No
  • Interior: Cable Available

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Outbuilding(s)

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: From West Main Street head North on Du Quoin Street to Reed Street turn East drive1 & 1/2 blocks to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $81/SqFt

Tax Information:

  • Annual Amount: $731
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Benton, IL.

Med. Sold Price

$90K

Med. Price/SqFt

$71

Avg. Days On Market

33

# of Sold Homes

12

505 W Reed St vs Benton

85 DAYS ON ROCKET

+52 Days

$110,000

+$20K More

$81/SqFt

+$9 More

KEY TAKEAWAY

This property is $20K more than the Median Sold Price and $9/SqFt more than other homes in Benton, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #QC4256845

Listing Office:

  • Office Name: homecoin.com
  • Listing Agent: Jonathan Minerick

IDX 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$731$32,095
2019$723$31,325
2018$723$31,485
2017$725$31,005

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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.

Nearby Schools

school-card-donut-702024
3
/10
  • Benton Grade School K-4

  • 1000 E McKenzie St

  • 1.53 miles

  • Public District Grades PK-4

school-card-donut-702025
4
/10
  • Frankfort Intermediate School

  • 800 N Cherry St

  • 6.92 miles

  • Public District Grades 3-6

school-card-donut-702026
4
/10
  • Zeigler-Royalton Elementary School

  • PO Box 87

  • 8.76 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,942. The most common annual income of people living in Benton, IL is less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 W Reed St

What is the listing price of this property?

The listing price of 505 W Reed St property is $110,000.

What type of property is this?

The property 505 W Reed St is a house located in Benton, Illinois, 62812.

Is this property for sale now?

Sale Pending: 505 W Reed St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $731 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 W Reed St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 W Reed St is 1,360 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 W Reed St is 1970.

Rocket Homes›Illinois›Franklin County›Benton›62812›505 W Reed St

This home is located at 505 W Reed St in Benton, IL and zip code 62812. This 1,360 square foot home was built in 1970. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $110,000.

In November 2024 more than 1 listings in Benton, IL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below. Between October 2024 and November 2024, Benton, IL real estate market has seen decrease in the number of listings by 14%. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $90,000.

From Rocket Homes Real Estate and based on county public records data.

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