NOT LISTED FOR SALE

1022 S Academy St Galesburg, IL 61401

Estimated Value: $49,000 - $55,443

2 Beds
1 Bath
852 Sq Ft
$62/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $48,000 $56 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $317/month

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Sun or Florida Room
  • Bungalow
  • Combination Dining and Living Room

About This Home

As of March 2024

Located on a corner lot just minutes from downtown. Come check out this 2 bedroom home with plenty to offer. It's freshly painted, new carpet, replacement windows and ready for you to move in! Enjoy time on the front porch 3 season room or time out in the spacious garage. Schedule your showing today!

Last Agent to Sell the Property

Loren Follmer

CENTURY 21 Tucker Swanson Brokerage Phone: 309-343-6121 License #475183542 Listed on: 02/05/2024

Last Buyer's Agent

ZACHARY SHAW

Mel Foster Co. Galesburg License #475173208

Mel Foster Co. Galesburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $537

Year Built

  • Built in 1906

Lot Details

  • Lot Dimensions are 198 x 66
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 852 Sq Ft Home
  • Window Treatments
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Oven or Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Galesburg High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 99-15-380-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$537

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1906
  • Architectural Style: Bungalow
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: Office: 309-343-6121
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Window Treatments
  • Living Area: 852
  • KitchenDining: Dining/Living Combo

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Exterior Features: Deck, Porch/3-Season
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Electric Water Heater
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Schools

  • High School: Galesburg

Lot Info

  • Lot Size: 198 x 66
  • Parcel #: 99-15-380-006

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 537.36
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 12, 2024
Sold by
Douglas Gary
Bought by
Holeman Michael L
Seller's Agent
Loren Follmer
CENTURY 21 Tucker Swanson
Buyer's Agent
ZACHARY SHAW
Mel Foster Co. Galesburg
List Price
$49,900
Sold Price
$48,000
Premium/Discount to List
-$1,900
-3.81%
Views
18
Current Estimated Value
$52,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,861
Avg. Annual Appreciation
6.10%
Original Mortgage
$41,000
Outstanding Balance
$40,250
Interest Rate
6.12%
Mortgage Type
Construction
Estimated Equity
$12,611
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Holeman Michael L $48,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holeman Michael L $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $48,000 -3.8% $56 / Sq Ft
02/05/2024 02/05/24 For Sale $49,900 -- $59 / Sq Ft
Source: RMLS Alliance

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 -- $5,160 $2,190 $2,970
2023 $475 $5,000 $2,120 $2,880
2022 $537 $5,670 $2,120 $3,550
2021 $521 $5,350 $2,000 $3,350
2020 $529 $5,350 $2,000 $3,350
2019 $522 $5,240 $1,960 $3,280
2018 $521 $5,240 $1,900 $3,340
2017 $509 $5,080 $1,840 $3,240
2015 -- $5,000 $1,810 $3,190
2013 $709 $7,780 $1,830 $5,950
Source: Public Records

Agents Affiliated with this Home

  • Loren Follmer

    Seller's Agent in 2024

    Loren Follmer

    CENTURY 21 Tucker Swanson

    (309) 368-4659

    61 in this area

    74 Total Sales

    Loren Follmer
    Section Image
  • ZACHARY SHAW

    Buyer's Agent in 2024

    ZACHARY SHAW

    Mel Foster Co. Galesburg

    (309) 368-6705

    74 in this area

    115 Total Sales

    ZACHARY SHAW
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1027144

RMLS Alliance

APN: 99-15-380-006

Illinois Knox County Galesburg 61401

1022 S Academy St, Galesburg, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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