$85,000
SOLD SEP 8, 2016

1125 Pearl St Belvidere, IL 61008

4 Beds
3 Baths
2,001 Sq Ft
0.45 Acres

Recently Sold

$42 Per Sq Ft

4% Below List Price

41 Days on Market

About This Home

As of May 2023

Half Acre Lot in Belvidere! Ideal opportunity for Buyer to live in 3 Bedroom Main Level Unit and collect $550 monthly from 1 Bedroom Upstairs Unit. The 1366 Square Foot Main Level Unit has Formal Dining, Eat-In Kitchen, renovated Bathroom, Family Room, Enclosed Front Porch, gleaming hardwoods, French Doors and access to basement with Laundry Hook-Up. The 635 Sqare Ft Upstairs Unit has 1 BR, 1 BA, Kitchen, Formal Dining, Family Room, attic storage and hardwoods. Owner pays gas, garbage, water. Electric paid by tenants. New Gutters May 2016, Complete Tear-Off, Roofed 2014. Water Heater 2014, Upstairs Windows 2011, Furnace 2007, Siding 2007. Agent Related

Last Agent to Sell the Property

Angela Molloy

Keller Williams Realty Signature License #475132236 Listed on: 06/29/2016

Keller Williams Realty Signature

Last Buyer's Agent

Fidel Batres

Keller Williams Realty Signature License #475133262

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,554

Year Built

  • Built in 1917

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,001 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry in unit
  • Basement Fills Entire Space Under The House
  • Stove

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,554

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2001
  • Front: 66
  • General Features: Laundry in Unit, Storage Area
  • Grid: B6
  • Legal Description: LTS 9 & 10 Blk 7 Nijah Hotchkiss Add 1125 Pearl St
  • Lvt Date: 06/29/2016
  • Rear: 66
  • Side 1: 297
  • Side 2: 297
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 93,432
  • Annual Insurance Expense: 915
  • Maintenance Yr: 1000
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 2
  • Potential Income: 15600
  • Utilities Yr: 2442
  • Agent Only_ L A1 User Code: 5000
  • Elementary School: Washington Elementary
  • Pertinent Facts: Half Acre Lot in Belvidere! Ideal opportunity for Buyer to live in 3 Bedroom Main Level Unit and collect $550 monthly from 1 Bedroom Upstairs Unit. The 1366 Square Foot Main Level Unit has Formal Dining, Eat-In Kitchen, renovated Bathroom, Family Room, Enclosed Front Porch, gleaming hardwoods, French Doors and access to basement with Laundry Hook-Up. The 635 Sqare Ft Upstairs Unit has 1 BR, 1 BA, Kitchen, Formal Dining, Family Room, attic storage and hardwoods. Owner pays gas, garbage, water. Electric paid by tenants. New Gutters May 2016, Complete Tear-Off, Roofed 2014. Water Heater 2014, Upstairs Windows 2011, Furnace 2007, Siding 2007. Agent Related
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Cooling: Window Unit
  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas

Schools

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

Building Info

  • Year Built: 1917

Tax Info

  • Year: 2015
  • Taxes: 3554

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
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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
Deed $130,000 Title Underwriters Agency
Deed $85,000 --
Deed -- --
Warranty Deed $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: 201603941

NorthWest Illinois Alliance of REALTORS®

APN: 05-35-283-017