Seller's Agent in 2021
Brian Henry
RE/MAX
(630) 715-3162
3 in this area
52 Total Sales
1222 W State St Geneva, IL 60134
Northwest Central Geneva NeighborhoodEstimated Value: $809,000 - $1,097,000
7
Beds
5
Baths
--
Sq Ft
1.71
Acres
Highlights
- 1.71 Acre Lot
- Wooded Lot
- Heating System Uses Steam
- Williamsburg Elementary School Rated A-
- 4 Car Detached Garage
- Paved or Partially Paved Lot
About This Home
As of October 2021Rare opportunity to own one of Geneva's most unique historic properties, located just west of downtown. Originally a single-family home, this vintage 3-story, 5,500+ sf 19th century building has for many years been a three-unit multi-family investment property. A virtual video tour is available. The main building, plus 4-car detached garage, currently sits on a 1.7 acre lot with mature trees that screen it from State St. The asking price of $540,000 is for the buildings on 1.1 acres. The optional 0.6 acre lot east of the house is priced at $210,000, for a combined price of $750,000. The current R4 zoning would allow for the structure to be converted back to a single-family residence or remain a three-flat. In addition, the zoning would also allow for a single-family home to be built on the optional lot. Current rents total $4,500/mo. Leases are short-term. The individual apartments feature: Main floor - Features hardwood floors and dramatic vintage woodwork. Two bedrooms, combined living & dining rooms with fireplace, 2 baths, kitchen with eating area, laundry room, large wrap-around screened porch. 2nd floor - Three bedrooms, living room with sitting area with large bay windows, 2 baths, kitchen with eating area, laundry room, and outdoor deck. 3nd floor - Two bedrooms, living room, dining area, kitchen, and 1 bath. Rent roll - Leases thru June 30, 2021 Main - $1,750/mo 12 years 2nd - $1,600/mo 3 years 3rd - $1,150/mo 35 years.
Last Agent to Sell the Property
RE/MAX All Pro - St Charles License #475086048 Listed on: 08/12/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,876
Year Built
- Built in 1899 | Remodeled in 2016
Lot Details
- 1.71 Acre Lot
- Paved or Partially Paved Lot
- Wooded Lot
Parking
- 4 Car Detached Garage
- Parking Included in Price
Home Design
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 5 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
Community Details
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2021
Closed on
Sep 30, 2021
Sold by
Clancy Wendell W and Wendell W Clancy Revocable Tru
Bought by
Moser Donald E and Moser Michael
Seller's Agent
Brian Henry
RE/MAX All Pro - St Charles
Buyer's Agent
Matt Kombrink
One Source Realty
List Price
$540,000
Sold Price
$570,000
Premium/Discount to List
$30,000
5.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,397
Avg. Annual Appreciation
12.76%
Original Mortgage
$427,500
Outstanding Balance
$389,840
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$530,557
Purchase Details
Closed on
Jan 10, 1999
Sold by
Clancy Gates W
Bought by
Clancy Wendell W and Gates W Clancy Revocable Trust
Purchase Details
Closed on
Nov 22, 1994
Sold by
Clancy Gates W
Bought by
Clancy Wendell W and Gates W Clancy Revocable Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moser Donald E | $570,000 | Chicago Title Insurance Co | |
| Clancy Wendell W | -- | Advanced Title Services Inc | |
| Clancy Wendell W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moser Donald E | $427,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2021 10/05/21 | Sold | $570,000 | +5.6% | -- |
| 08/25/2021 08/25/21 | Pending | -- | -- | -- |
| 08/12/2021 08/12/21 | For Sale | $540,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $16,071 | $219,203 | $66,013 | $153,190 |
| 2023 | $15,692 | $199,276 | $60,012 | $139,264 |
| 2022 | $14,960 | $185,166 | $55,763 | $129,403 |
| 2021 | $15,036 | $178,285 | $53,691 | $124,594 |
| 2020 | $14,876 | $175,563 | $52,871 | $122,692 |
| 2019 | $14,851 | $172,239 | $51,870 | $120,369 |
| 2018 | $13,970 | $162,250 | $51,870 | $110,380 |
| 2017 | $13,296 | $151,784 | $50,487 | $101,297 |
| 2016 | $13,372 | $149,733 | $49,805 | $99,928 |
| 2015 | -- | $142,359 | $47,352 | $95,007 |
| 2014 | -- | $142,359 | $47,352 | $95,007 |
| 2013 | -- | $142,359 | $47,352 | $95,007 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Henry
-
Matt Kombrink
Buyer's Agent in 2021
Matt Kombrink
One Source Realty
(630) 803-8444
27 in this area
925 Total Sales
-
Gina Rizza
Buyer Co-Listing Agent in 2021
Gina Rizza
Coldwell Banker Realty
(630) 485-8033
3 in this area
80 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11187629
APN: 12-03-305-003
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