$239,300
1 Bed
3 Baths
516 E Center St, Loraine, IL 62349
Est. Refi. Payment $1,674/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 30, 2024 for $233,000
Home Value
Trulia Estimate
$239KSince last month
Decreased$9K (-3.5%)Since last year
Decreased$5K (-1.8%)Since last sale
Increased$7K (+3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +64% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $240K |
| August 2026 | $249K |
| July 2026 | $242K |
| June 2026 | $262K |
| May 2026 | $248K |
| April 2026 | $233K |
| March 2026 | $228K |
| February 2026 | $227K |
| January 2026 | $238K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
4.93 | Lot/Land | $265,000 | 08/28/26 | - | - | ||
6.95 | Lot/Land | $380,000 | 03/10/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | - | 2 | 1 | 1,300 | Off Market | |
0.20 | $125,000 | 2 | 1 | 1,745 | Recently Sold | |
0.31 | $74,200 | 3 | 1 | 1,125 | Off Market | |
0.28 | $168,500 | 4 | 2 | 2,100 | Off Market | |
0.28 | $64,900 | 3 | 2 | 1,326 | Recently Sold | |
0.31 | $180,100 | 3 | 1.5 | 1,339 | Off Market | |
0.32 | $88,000 | 2 | 1 | 949 | Foreclosure | |
0.41 | $80,000 | 2 | 1.5 | 1,300 | Recently Sold | |
0.42 | $149,700 | 3 | 1 | 1,000 | Off Market | |
0.44 | $231,900 | 4 | 2.5 | 1,860 | Off Market | |
0.47 | $47,500 | 3 | 1 | 1,062 | Recently Sold |
Local Information
- Map ViewExplore the area around 516 E Center St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Lot/Land
14 acre lot
About this House
Wonderful acreage just off the interstate with easy access. Utilities available and some on site. Property has 7 acres tillable with clover planted, about 2 acres of timber, the rest pasture. Beautiful 1 acre pond that is fully stocked and about 22 ft deep. Fantastic dock to use! This parcel is part of the Village of Loraine, ordinances apply. Acreage includes a 1 1/2 story home with aprox 1,900 sqft with 1 bedroom/3 baths. 2 extra rooms on second level used as bedrooms, no heat source.
516 E Center St, Loraine, IL 62349 is a 1 bedroom, 3 bathroom lot/land. It last sold for $233,000 on Jan 30, 2024 (98% above the $117,600 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $239,300.
Last check for updates: about 4 hours ago
Listed by Carol Shaffer, (217) 430-3356
Bower & Associates, Inc., REALTORS
Bought with: Carol Shaffer, (217) 430-3356, Bower & Associates, Inc., REALTORS
Source: MRED as distributed by MLS GRID, MLS#12245068
Home Details for 516 E Center St
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MLS Status: Closed |
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Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 3 |
View No View |
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Frontage Not on Waterfront |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 060058800300 |
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Price List Price: $117,600 |
Status Change & Dates Off Market Date: Tue Jan 30 2024Possession Timing: Close Of Escrow |
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Direction & Address City: Loraine |
School Information Elementary School: UnityHigh School: Unity |
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Lot Area: 14 Acres |
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Mls Number: 12245068 |
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Source Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplaySource Internet Address Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 30, 2024 Source: MRED as distributed by MLS GRID #12245068 | Sold | $233,000 |
Dec 14, 2023 Source: RMLS Alliance as distributed by MLS GRID #QC4248689 | Pending | $117,600 |
Dec 6, 2023 Source: RMLS Alliance as distributed by MLS GRID #QC4248689 | Listed For Sale | $117,600 |
Dec 4, 2017 Source: N/A | Sold | $144,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,091 | $79,350 |
Home facts updated by county records
Market trends in Loraine
Last updated August 2026
Avg. sale price
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Around this home
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Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information
Frequently asked questions about 516 E Center St
- What is 516 E Center St estimated to be worth?Trulia's estimated value for 516 E Center St in Loraine, IL is $239,300.
- What is the price history for 516 E Center St?516 E Center St in Loraine, IL last sold for $233,000 in January 2024.
- Is Loraine a buyer's or seller's market?Loraine is currently a balanced market, based on recent for-sale activity.
- What are the closest schools to 516 E Center St?The closest schools to 516 E Center St in Loraine, IL are Mendon Elementary School (Pre-K, rated 8/10), Unity High School (rated 6/10), Unity Middle School (Elementary, rated 7/10).
Apartments for Rent
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Off Market Homes Near 516 E Center St
SOLDSEP 2, 2026
SOLDMAY 15, 2026Jacquelyn Weisenburger, Happel, Inc., REALTORS
SOLDJAN 30, 2026Bower & Associates, Inc., REALTORS, Closed
OFF MARKETBower & Associates, Inc., REALTORS, Closed
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Homes for sale near 516 E Center St
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