For sale

$180,000

506 Magnolia St, Payson, IL 62360

3beds

1,588sqft

Est.:

Single Family Residence, Residential

Built in 1976

0.31 Acres Lot

$-- Zestimate^®

$113/sqft

$-- HOA

What's special

Freshly stained deckNew flooringNew shutters

Welcome home to 506 Magnolia Street in Payson, IL — a beautifully renovated 3-bedroom, 2-bath ranch with a full basement offering modern comfort and timeless charm. This home has been thoughtfully updated, featuring new flooring, paint, light fixtures, and an updated kitchen complete with new appliances. Both bathrooms have been tastefully redone, and the home offers ample built-in storage throughout. The lower level features a newly finished family or recreation room and a full bath, perfect for extra living space or entertaining. Major updates include new electric and plumbing throughout, a sump pump with back-up system, deck added in 2023, furnace and water heater in 2021, and roof in 2018. The exterior shines with new shutters and a freshly stained deck — simply move in and enjoy!

27 days

429

17

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Level: Main
Dimensions: 12ft 0in x 10ft 0in

Bedroom 2

Level: Main
Dimensions: 12ft 0in x 9ft 0in

Bedroom 3

Level: Main
Dimensions: 9ft 0in x 9ft 0in

Other

Level: Main
Dimensions: 9ft 0in x 10ft 0in

Other

Area: 529

Kitchen

Level: Main
Dimensions: 8ft 0in x 9ft 0in

Laundry

Level: Basement
Dimensions: 14ft 0in x 7ft 0in

Living room

Level: Main
Dimensions: 18ft 0in x 12ft 0in

Main level

Area: 1059

Recreation room

Level: Basement
Dimensions: 23ft 0in x 23ft 0in

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Range, Refrigerator, Gas Water Heater

Features

Basement: Finished,Full,Unfinished

Interior area

Total structure area: 1,059
Total interior livable area: 1,588 sqft

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Lot

Size: 0.31 Acres
Dimensions: 80 x 170
Features: Level

Details

Parcel number: 180069906700

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence, Residential

Materials

Frame, Aluminum Siding
Foundation: Concrete Perimeter
Roof: Shingle

Condition

New construction: No
Year built: 1976

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Payson

Financial & listing details

Price per square foot: $113/sqft
Tax assessed value: $150,900
Annual tax amount: $2,891
Date on market: 11/13/2025
Cumulative days on market: 29 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/13/2025	Listed for sale	$180,000+144.9%$113/sqft
Source: RMLS Alliance #CA1040510 Report a problem
8/22/2025	Sold	$73,500-14%$46/sqft
Source: Public Record Report a problem
3/11/2016	Listing removed	$85,500$54/sqft
Source: Zanger & Associates, Inc., REALTORS� #192772 Report a problem
12/2/2015	Price change	$85,500-2.3%$54/sqft
Source: Zanger & Associates, Inc., REALTORS� #192772 Report a problem
9/17/2015	Listed for sale	$87,500+9.4%$55/sqft
Source: Leo Zanger #192772 Report a problem