$40,891
SOLD MAR 21, 2025

1012 7th St Colona, IL 61241

2 Beds
1 Bath
720 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

37% Below List Price

41 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Room
  • Dining Room
  • Living Room
  • 1-Story Property
  • Family Room

About This Home

As of March 2025

No interior access allowed. The home is still being occupied. Drive by viewings only. Please do not approach or bother the occupant. All room sizes, number of rooms, number of bathrooms, and condition are all estimated. Listing broker or listing office hasn't been inside of the property, no guarantee on conditions. Property is being offered "AS IS, WHERE IS." NO TRESPASSING. DO NOT DISTURB ANY OCCUPANTS It is a criminal offense to trespass on this property.

Last Agent to Sell the Property

Cheyenne Khounnha

Landmark Realty of Illinois LLC License #475165377 Listed on: 01/17/2025

Co-Listed By

Janelle McCarter

Landmark Realty of Illinois LLC License #471004781

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 1943

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,581

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1943
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 720
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50 X 150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1581
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Mar 21, 2025
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Ace Investment Group Llc
Seller's Agent
Cheyenne Khounnha
Landmark Realty of Illinois LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$65,000
Sold Price
$40,891
Premium/Discount to List
-$24,109
-37.09%
Views
33
Current Estimated Value
$64,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,117
Avg. Annual Appreciation
78.95%

Purchase Details

Closed on
Oct 22, 2024
Sold by
Sheriff Of Henry County
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 7, 2012
Sold by
Root Robby L and Root Rob
Bought by
Root Tyler R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2012
Closed on
Sep 4, 2012
Sold by
The Secreratary Of Housing & Urban Devel
Bought by
Root Rob
Seller's Agent
Gary Williams
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Eric Ryden
Quad Cities Iowa Realty - Moline
List Price
$35,900
Sold Price
$22,900
Premium/Discount to List
-$13,000
-36.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Brown Kryston E
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 11, 2009
Sold by
Voss Richard
Bought by
Brown Kryston E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,611
Interest Rate
4.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $41,000 None Listed On Document
Sheriffs Deed -- None Listed On Document
Warranty Deed $50,000 None Available
Warranty Deed -- Lakeshore Title Agency
Sheriffs Deed -- None Available
Executors Deed $54,600 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $37,000 New Conventional
Previous Owner $53,611 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2025 03/21/25 Sold $40,891 -37.1% $57 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $65,000 +183.8% $90 / Sq Ft
09/06/2012 09/06/12 Sold $22,900 -36.2% $32 / Sq Ft View Prior Sale
08/20/2012 08/20/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $35,900 -- $50 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,661 $23,985 $2,352 $21,633
2023 $1,581 $22,229 $2,180 $20,049
2022 $1,412 $20,208 $1,982 $18,226
2021 $1,493 $20,823 $2,954 $17,869
2020 $1,402 $19,772 $2,805 $16,967
2019 $1,407 $19,919 $2,826 $17,093
2018 $1,381 $19,800 $2,809 $16,991
2017 $1,244 $18,681 $2,837 $15,844
2016 $1,216 $18,442 $2,801 $15,641
2015 $975 $18,045 $2,741 $15,304
2013 $975 $17,657 $2,682 $14,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12273534

Midwest Real Estate Data (MRED)

APN: 06-15-206-006