NOT LISTED FOR SALE

1125 Pearl St Belvidere, IL 61008

Estimated Value: $158,000 - $177,000

4 Beds
3 Baths
2,001 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $130,000 $65 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,268/month

65 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Washer and Dryer

About This Home

As of May 2023

Large main floor unit with 3-4 bedrooms and 1.5 baths with the 1/2 bath off the master bedroom. Hardwood floors in majority of the whole house. Long term tenants upstairs that would like to stay. Main floor pays gas/heat for the whole house (reflected in the rent) and mows the yard which is huge. Both tenants want to stay so nothing to do but collect the income

Last Agent to Sell the Property

Angie Wait

Keller Williams Realty Signature License #475148472 Listed on: 02/07/2023

Keller Williams Realty Signature

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,401

Year Built

  • Built in 1890

Lot Details

  • 0.45

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,001 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer
  • Basement

Kitchen

  • Stove
  • Range<<rangeHoodToken>>

Schools

  • Washington Elementary School
  • Belvidere South Middle School
  • Belvidere High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 2 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,401

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: MULTIFAMILY
  • Front: 66
  • General Features: Laundry in Building, Main Floor Master
  • Grid: B6
  • Legal Description: 35-44-3 Lots 9 & 10 Blk 7 Nijah Hotchkiss Add
  • Rear: 66
  • Side 1: 297
  • Side 2: 297
  • Style: 2 Story
  • Type: 2 Units
  • Annual Insurance Expense: 2000
  • Maintenance Yr: 2000
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 16200
  • Utilities Yr: 2000
  • Agent Only_ L A1 User Code: 4473
  • Elementary School: Washington Elementary
  • Estimated Total Finished Sq Ft: 2001
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Large main floor unit with 3-4 bedrooms and 1.5 baths with the 1/2 bath off the master bedroom. Hardwood floors in majority of the whole house. Long term tenants upstairs that would like to stay. Main floor pays gas/heat for the whole house (reflected in the rent) and mows the yard which is huge. Both tenants want to stay so nothing to do but collect the income
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: 6000
  • Separate Electric: Yes
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 2001
  • L O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 64.97
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Belvidere 100
  • Elementary School: Washington Elementary
  • Middle School: Belvidere South Middle
  • High School: Belvidere High

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2021
  • Taxes: 3401

MLS Schools

  • HighSchool: Belvidere High
  • School District: Belvidere 100
  • Middle School: Belvidere South Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Apr 28, 2023
Sold by
Jernstad Derrick H
Bought by
Coroboianu Sorin
Seller's Agent
Angie Wait
Keller Williams Realty Signature
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%
Views
351
Current Estimated Value
$169,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,169
Avg. Annual Appreciation
12.72%

Purchase Details

Listed on
Jun 29, 2016
Closed on
Sep 19, 2016
Bought by
Jernstad Derrick H
Seller's Agent
Angela Molloy
Keller Williams Realty Signature
Buyer's Agent
Fidel Batres
Keller Williams Realty Signature
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Aug 28, 2015
Sold by
Molloy Robert J and Molloy Ruth A
Bought by
Molloy Robert J & Ruth A 2015 Tr

Purchase Details

Closed on
Dec 28, 1984
Bought by
Molloy Robert and Molloy Ruth
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
Coroboianu Sorin $130,000 Title Underwriters Agency
Jernstad Derrick H $85,000 --
Molloy Robert J & Ruth A 2015 Tr -- --
Molloy Robert $41,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $130,000 +0.1% $65 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $129,900 0.0% $65 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $129,900 +52.8% $65 / Sq Ft
09/08/2016 09/08/16 Sold $85,000 -4.5% $42 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $89,000 -- $44 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $3,970 $45,933 $4,613 $41,320
2023 $3,970 $39,766 $7,073 $32,693
2022 $3,565 $36,812 $7,073 $29,739
2021 $3,401 $35,040 $7,073 $27,967
2020 $3,276 $31,770 $7,457 $24,313
2019 $3,298 $53,614 $29,828 $23,786
2018 $3,222 $110,748 $89,019 $21,729
2017 $3,135 $29,468 $7,814 $21,654
2016 $3,600 $32,453 $7,688 $24,765
2015 $3,554 $31,144 $9,610 $21,534
2014 $2,250 $31,483 $9,610 $21,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202300552

NorthWest Illinois Alliance of REALTORS®

APN: 05-35-283-017