NOT LISTED FOR SALE

117 W 3rd St Spring Valley, IL 61362

Estimated Value: $159,000 - $231,000

3 Beds
1 Bath
1,451 Sq Ft
$131/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $170,000 $117 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,182/month

2 Days on Market

Highlights

  • Property is near park
  • Main Floor Bedroom
  • Screened Porch
  • Wood Flooring
  • Bonus Room
  • Formal Dining Room

About This Home

As of May 2024

This 3 bedroom, 1 bathroom home has a lot to offer. Great layout with tons of character throughout the home including arches, original solid doors with beautiful hardware and some original hardwood floors. Features a nice sized living room, dining room, and kitchen.Conveniently located with the backyard butting up to a community park, its the perfect location. Huge 3 car heated garage with 10 foot ceilings, and a 9x16 garage door. Large covered back deck with screening for relaxing in the back yard. Plenty of parking with a new concrete driveway along with new concrete sidewalks. Basement is in good condition and has the potential to be finished for extra living space. The basement has an additional toilet and hook up for shower. All kitchen appliances are included as well as washer and dryer. Garage roof will be replaced before closing.

Last Agent to Sell the Property

Bethany Coleman-Weger

Local Realty Group, Inc. Listed on: 04/12/2024

Last Buyer's Agent

Christine Dahm

Malooley Dahm Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,163

Year Built

  • Built in 1942

Lot Details

  • 8,625

Parking

  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Stucco

Interior Spaces

  • 1,451 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Lot Dimensions are 50x170x50x185
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,163

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1942
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Some Wood Floors
  • LivingArea: 1451
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch Screened
  • Patio And Porch Features: Screened Porch
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 50X170X50X185
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 2163
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Disabled Vet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 15, 2024
Sold by
Taliani Michael J
Bought by
Smith Jacob B and Smith Rori A
Seller's Agent
Bethany Coleman-Weger
Local Realty Group, Inc.
Buyer's Agent
Christine Dahm
Malooley Dahm Realty
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%
Views
33
Current Estimated Value
$189,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,909
Avg. Annual Appreciation
6.99%
Original Mortgage
$155,677
Outstanding Balance
$153,788
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$36,121

Purchase Details

Closed on
Oct 14, 2022
Sold by
Taliani Developments Llc
Bought by
Taliani Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
4.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2013
Sold by
Taliani Matthew S
Bought by
Taliani Developments Llc

Purchase Details

Closed on
Sep 2, 2008
Sold by
Frasco Nicholas C and Frasco Kelly A
Bought by
Taliani Matthew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Jacob B $170,000 None Listed On Document
Taliani Michael J $123,000 --
Taliani Developments Llc -- None Available
Taliani Matthew S $111,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jacob B $155,677
Previous Owner Taliani Michael J $123,000
Previous Owner Taliani Matthew S $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $170,000 +3.0% $117 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/13/2024 04/13/24 For Sale $165,000 -- $114 / Sq Ft
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 -- $58,652 $4,202 $54,450
2023 $2,163 $44,087 $3,940 $40,147
2022 $2,163 $29,577 $3,634 $25,943
2021 $2,615 $27,918 $3,430 $24,488
2020 $2,482 $26,803 $3,293 $23,510
2019 $2,437 $26,224 $3,222 $23,002
2018 $2,358 $25,540 $3,138 $22,402
2017 $2,308 $25,012 $3,073 $21,939
2016 $2,328 $24,816 $3,049 $21,767
2015 -- $24,903 $3,060 $21,843
2014 -- $24,903 $3,060 $21,843
2013 -- $26,000 $3,195 $22,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12028471

Midwest Real Estate Data (MRED)

APN: 18-34-280-004