NOT LISTED FOR SALE

1424 2nd St E Milan, IL 61264

Ginger Hill Neighborhood

Estimated Value: $104,000 - $129,276

2 Beds
1 Bath
804 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $5,000 $6 Per Sq Ft

Est. 2,239% increase in value since last sale

Current estimated payment $829/month

22 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Wood Siding
  • No HOA
  • Level Lot

About This Home

As of June 2022

Investor ready property, vacant and ready for renovations! So much opportunity here. Perfect rental property or flip opportunity. Property is being sold as-is.

Last Agent to Sell the Property

Henry Torn

ListWithFreedom.com License #471018202 Listed on: 05/25/2022

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x160
  • Level Lot

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 804 Sq Ft Home
  • Formal Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Rock Island High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-25-104-063

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 6.22
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 804
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding, Wood Siding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Heating: None
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Rock Island

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size: 50x160
  • Parcel #: 16-25-104-063

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1375
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 23, 2022
Sold by
Sbd Property Acquisitions Llc
Bought by
Muhammad Ahmad
Seller's Agent
Henry Torn
ListWithFreedom.com
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$5,000
Sold Price
$5,000
Current Estimated Value
$116,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,961
Avg. Annual Appreciation
176.72%

Purchase Details

Closed on
Feb 12, 2021
Sold by
Jason Marchant
Bought by
Sbd Property Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,404
Interest Rate
2.65%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 3, 2020
Sold by
Girton Rickey F
Bought by
Marchant Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,754
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1998
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
Muhammad Ahmad $5,000 Gomez Title
Sbd Property Acquisitions Llc $20,000 Gomez Title
Marchant Jason $1,000 Vollertsen Britt & Gorsline Pc
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sbd Property Acquisitions Llc $84,404
Previous Owner Marchant Jason E $52,754
Previous Owner Marchant Jason $52,754
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $5,000 0.0% $6 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $5,000 -- $6 / Sq Ft
Source: RMLS Alliance

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 $2,265 $24,578 $4,870 $19,708
2023 $2,265 $22,970 $4,551 $18,419
2022 $2,038 $21,190 $4,198 $16,992
2021 $2,025 $20,066 $3,975 $16,091
2020 $1,375 $19,557 $3,874 $15,683
2019 $1,373 $19,364 $3,836 $15,528
2018 $1,328 $19,135 $3,791 $15,344
2017 $1,202 $18,778 $3,720 $15,058
2016 $1,170 $18,684 $3,701 $14,983
2015 $1,170 $18,585 $3,681 $14,904
2014 $263 $18,185 $3,602 $14,583
2013 $263 $18,185 $3,602 $14,583
Source: Public Records

Agents Affiliated with this Home

  • Henry Torn

    Seller's Agent in 2022

    Henry Torn

    ListWithFreedom.com

    (847) 254-8894

    1 in this area

    438 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non-Member

See All Agents

Map

Source: RMLS Alliance

MLS Number: PA1234485

RMLS Alliance

APN: 16-25-104-063

Illinois Rock Island County Milan 61264 Ginger Hill

1424 2nd St E, Milan, IL

This home is located at 1424 2nd St E, Milan, IL 61264 since 25 May 2022 and is currently estimated at $119,819, approximately $149 per square foot. This property was built in 1948. 1424 2nd St E is a home located in Rock Island County with nearby schools including Thomas Jefferson Elementary School, Edison Jr High School, and Rock Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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