NOT LISTED FOR SALE

115 E Washington St Freeport, IL 61032

Estimated Value: $59,000 - $80,982

4 Beds
2 Baths
-- Sq Ft
7,187 Sq Ft Lot

Last Sold April 20, 2021

Last sale price $23,000

Est. 209% increase in value since last sale

Current estimated payment $491/month

11 Days on Market

About This Home

As of April 2021

Nice duplex consisting on One 2-3 BR and one 2 BR units. Vacant, rents are projected. Nice return. Sold as is. Tenants pay all utilities.

Last Agent to Sell the Property

Brian Borchardt

A-1 Agency License #471004534 Listed on: 04/01/2021

Last Buyer's Agent

Brian Borchardt

A-1 Agency License #471004534 Listed on: 04/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $469

Year Built

  • Built in 1907

Lot Details

  • 7,187

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 60 x 120
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $10,500
  • Net Operating Income $9,581

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$469

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1907
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Dimensions: 60 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Multi Family

  • Net Operating Income: 9581
  • GrossIncome: 10500
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 468.96
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 23, 2021
Sold by
Castle 2020 Llc
Bought by
Mack Cynthia R and Thompson Cameron J
Seller's Agent
Brian Borchardt
A-1 Agency
Buyer's Agent
Brian Borchardt
A-1 Agency
List Price
$23,900
Sold Price
$23,000
Premium/Discount to List
-$900
-3.77%
Current Estimated Value
$70,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,996
Avg. Annual Appreciation
26.97%

Purchase Details

Closed on
Aug 1, 2005
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mack Cynthia R $23,000 --
-- $46,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2021 04/20/21 Sold $23,000 -3.8% --
04/12/2021 04/12/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $23,900 +91.2% --
03/22/2021 03/22/21 Sold $12,500 -37.2% -- View Prior Sale
03/08/2021 03/08/21 Price Changed $19,900 -33.4% --
03/07/2021 03/07/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $29,900 0.0% --
01/23/2021 01/23/21 Pending -- -- --
01/06/2021 01/06/21 Price Changed $29,900 -25.1% --
08/21/2020 08/21/20 For Sale $39,900 -- --
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 $1,442 $12,880 $552 $12,328
2023 $1,431 $11,254 $570 $10,684
2022 $1,063 $8,564 $570 $7,994
2021 $457 $3,492 $552 $2,940
2020 $454 $3,492 $552 $2,940
2019 $469 $3,557 $552 $3,005
2018 $458 $3,469 $552 $2,917
2017 $450 $3,408 $552 $2,856
2016 $450 $3,444 $552 $2,892
2015 $691 $5,366 $550 $4,816
2013 $947 $7,920 $580 $7,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11039052

Midwest Real Estate Data (MRED)

APN: 18-14-31-279-004