NOT LISTED FOR SALE

1027 N Cedar St Galesburg, IL 61401

Estimated Value: $106,967 - $130,000

4 Beds
2 Baths
1,728 Sq Ft
$70/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $98,000 $57 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $735/month

138 Days on Market

Highlights

  • Hydromassage or Jetted Bathtub
  • No HOA
  • Eat-In Kitchen
  • Sun or Florida Room
  • 1.5 Car Detached Garage
  • Screened Patio

About This Home

As of August 2023

Lots to love about this charming 4 bedroom 2 bathroom home in the heart of Galesburg. Character and convenience with arched doorways, wood flooring (under the carpet), main floor laundry, eat-in kitchen and cozy family room that over looks the backyard. 2 bedrooms/1 bathroom upstairs and 2 bedrooms/1 bathroom downstairs. All appliances are included. Gas fireplace in the family room. The roof and furnace are newer. With some cosmetic updates to suit your taste, this house will feel like home!

Last Agent to Sell the Property

Rhianna Schroeder

Charter Oak Realty License #471019848 Listed on: 03/13/2023

Last Buyer's Agent

CHRISTINE PEPMEYER

RE/MAX Preferred Properties License #471001828

RE/MAX Preferred Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 99x163
  • Level Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 1.5-Story Property
  • Gas Log Fireplace
  • Replacement Windows
  • Blinds
  • Family Room with Fireplace
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio

Schools

  • Galesburg High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Lass & Williamson Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 99-10-202-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,531

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Architectural Style: One and Half Story
  • New Construction: No
  • PricePerSqFt: 56.71
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Hood/Fan, Range/Oven, Refrigerator, Washer, Water Softener Owned
  • Basement: None
  • Accessibility Features: Level
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Blinds, Jetted Tub, Window Treatments
  • Living Area: 1728
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch/3-Season, Screened Patio, Replacement Windows
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public, Septic System
  • NumberOfGarageRemotes: 2
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Galesburg

Lot Info

  • Zoning: Res
  • Lot Size: 99x163
  • Parcel #: 99-10-202-016
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1530.58
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Aug 31, 2023
Sold by
Purcell Arlene K
Bought by
Spivey Richard B
Seller's Agent
Rhianna Schroeder
Charter Oak Realty
Buyer's Agent
CHRISTINE PEPMEYER
RE/MAX Preferred Properties
List Price
$139,500
Sold Price
$98,000
Premium/Discount to List
-$41,500
-29.75%
Views
840
Current Estimated Value
$120,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,492
Avg. Annual Appreciation
6.16%
Original Mortgage
$96,900
Outstanding Balance
$95,127
Interest Rate
7.25%
Mortgage Type
Construction
Estimated Equity
$15,328
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Spivey Richard B $98,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spivey Richard B $96,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $98,000 -2.0% $57 / Sq Ft
07/18/2023 07/18/23 Price Changed $99,999 -18.7% $58 / Sq Ft
05/16/2023 05/16/23 Price Changed $123,000 -3.5% $71 / Sq Ft
05/10/2023 05/10/23 Price Changed $127,500 -5.5% $74 / Sq Ft
03/27/2023 03/27/23 Price Changed $134,900 -3.3% $78 / Sq Ft
03/13/2023 03/13/23 For Sale $139,500 -- $81 / 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 -- $33,060 $3,440 $29,620
2023 $959 $32,010 $3,330 $28,680
2022 $1,531 $27,150 $3,330 $23,820
2021 $1,422 $25,610 $3,140 $22,470
2020 $1,445 $25,610 $3,140 $22,470
2019 $1,407 $25,110 $3,080 $22,030
2018 $1,402 $25,110 $2,990 $22,120
2017 $1,340 $24,380 $2,900 $21,480
2015 -- $24,020 $2,860 $21,160
2013 $1,278 $24,260 $2,890 $21,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1241004

RMLS Alliance

APN: 99-10-202-016