475 S Pearl St

1,100 Sq. Ft.
$23 / Sq. Ft.
1,100
Sq. Ft.
$23
per Sq. Ft.

Description

Investor’s Dream – 3/1 Fixer Opportunity! ?? This diamond in the rough is ready for renovation! Three bedrooms, one bath, large lot, and plenty of upside. Add your finishing touches and watch the value grow. Perfect for investors looking to flip or add to a rental portfolio
3 Bedroom • 1 Bath • Detached 1-Car Garage • Large Lot
Great opportunity for investors or handy homeowners! This 3-bed, 1-bath classic bungalow sits on a spacious lot with plenty of room for outdoor living, expansion, or accessory
...Investor’s Dream – 3/1 Fixer Opportunity! ?? This diamond in the rough is ready for renovation! Three bedrooms, one bath, large lot, and plenty of upside. Add your finishing touches and watch the value grow. Perfect for investors looking to flip or add to a rental portfolio

3 Bedroom • 1 Bath • Detached 1-Car Garage • Large Lot

Great opportunity for investors or handy homeowners! This 3-bed, 1-bath classic bungalow sits on a spacious lot with plenty of room for outdoor living, expansion, or accessory structures. The property features a detached 1-car garage, providing off-street parking and workshop space. SUBJECT PROPERTY IS SOLD ON auction / HUBZU.com

While the home needs updating and cosmetic repairs, the solid bones and layout offer significant upside potential through remodeling or rehab. Bring your vision and tools — this one is priced accordingly and ready for transformation. Text listing listing agent to submit your offer
  1. Listed by Vernon Korte • Re/Max Alliance

Property Details for 475 South Pearl Street

Architectural Style
Ranch
LISTING UPDATED: 03/04/2026 02:01 AM

Property Details for 475 South Pearl Street

StatusPending
MLS #25081683
Days on Market75
Taxes$1,550 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1950
Lot Size0.25 AC / 10,890 SF
CountyMorgan County

Location

Listing Courtesy of Re/Max Alliance
Add your commute

Building Information for 475 South Pearl Street

Stories-Year Built1950Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$251 per month

30 year fixed, 6.15% Interest

Principal and Interest

$121

Property Taxes

$129

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 475 South Pearl Street

Summary
Location and General Information
  • City: Waverly
  • County Or Parish: Morgan
  • Latitude: 39.14230905
  • Longitude: -83.51295081
  • Postal Code: 62692
  • State Or Province: IL
  • Sub division Name: City Of Waverly Salters Add
  • Postal Code Plus 4: 1128
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 19-11-218-007
  • Tax Annual Amount: $1,550.00
  • Tax Legal Description: RNG/BLK: TWP:0 SECT/LOT: CITY OF WAVERLY SALTERS ADDITION 80FT X 135FT NE COR LT 92 LT 80FT X 135FT DOC-486416 7-7-99 56,000 2
  • Tax Year: 2024
Parking
  • Carport: No
  • Garage: Yes
School Information
  • Elementary School: WAVERLY DIST 6
  • High School: WAVERLY
  • High School District: WAVERLY DIST 6
  • Middle Or Junior School: WAVERLY DIST 6
Property
Lot Information
  • Living Area: 1100.0
  • Lot Features: Private
  • Lot Size Acres: 0.25
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 10890.0
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Property and Assessments
  • Above Grade Finished Area: 1100.0
  • Above Grade Finished Area Source: Other
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Documents Available: None Available
  • Documents Count: 0
  • Photos Count: 7
  • Year Built: 1950
  • Disclosures: None
  • Construction Materials: Aluminum Siding
  • Ownership Type: Bank
Utilities
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Road Frontage Type: None
  • Roof: Asbestos Shingle
  • Pool Private: No
Interior Features
  • Appliances: None
  • Basement: None
  • Levels: One
  • Main Level Bedrooms: 3.0
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Fireplaces Total: 0
  • Fireplace: No
  • Heating: Forced Air
  • Rooms Total: 6

Property History for 475 South Pearl Street

DateEvent & SourcePriceAppreciation
Mar 3, 2026

Pending

MARIS #25081683

Jan 25, 2026

Price Change

MARIS #25081683

$24,900
Dec 18, 2025

Listed (Active)

MARIS #25081683

$29,900
Feb 19, 2007

Sold

RMLS ALLIANCE #CA267257

$32,300
Nov 9, 2006

Pending

RMLS ALLIANCE #CA267257

Oct 6, 2006

Listed (Active)

RMLS ALLIANCE #CA267257

$37,000
DateEvent & SourcePrice
03/03/2026

Pending

MARIS #25081683

01/25/2026

Price Change

MARIS #25081683

$24,900
12/18/2025

Listed (Active)

MARIS #25081683

$29,900
02/19/2007

Sold

RMLS ALLIANCE #CA267257

$32,300
11/09/2006

Pending

RMLS ALLIANCE #CA267257

10/06/2006

Listed (Active)

RMLS ALLIANCE #CA267257

$37,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 475 South Pearl Street

Taxable ValueLand$2,850Additions$17,870Total$20,720
Tax Record2024$1,283 ($107 / month)
Home Facts
Beds0Lot Size10,890 SqFtStyleSingle Family ResidenceCountyMORGANAPN19-11-218-007

Schools near 475 South Pearl Street

This home is within Waverly Community Unit School District 6.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Waverly Elementary School
PublicPK to 6

Waverly High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Alliance

Based on information submitted to the MLS GRID as of 03/04/2026 02:01 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.