NOT LISTED FOR SALE

1484 N Academy St Galesburg, IL 61401

Estimated Value: $194,987 - $204,000

3 Beds
2.5 Baths
1,876 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $140,000 $75 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,253/month

87 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • Corner Lot
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Designed for comfort and convenience is your 3 bedroom, 2.5 bath ranch style home featuring formal living room with fireplace, formal dining room, eat-in kitchen, spacious family room overlooking lovely fenced backyard. Convenient ML laundry. BR suite offers private bath, and nice closet space. Partial basement ideal for additional storage or hobbies. Attached 1.5 car garage, fenced backyard, and low maintenance exterior. Situated on corner lot convenient to everything!

Last Agent to Sell the Property

Thomas Knapp

RE/MAX Preferred Properties License #471003323 Listed on: 04/28/2020

Last Buyer's Agent

Jackie Turner

Mel Foster Co. Galesburg License #471008334

Mel Foster Co. Galesburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1948

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 105 x 178.9
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,876 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Galesburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Prospect Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9903377016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,332

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator, Washer, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Living Room
  • Fireplaces: 1
  • Living Area: 1876
  • KitchenDining: Dining Formal,Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Attached, Paved

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Gas Water Heater
  • Water Source: Public, Public Sewer
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Galesburg

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size: 105 x 178.9
  • Parcel #: 9903377016

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3332.14
  • TaxExemptions: Homestead/Owner Occupied,Senior Freeze,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Sep 23, 2020
Sold by
Gilbert Richard B and Gilbert Sharon M
Bought by
Schmutz David L and Schmutz Robin K
Seller's Agent
Thomas Knapp
RE/MAX Preferred Properties
Buyer's Agent
Jackie Turner
Mel Foster Co. Galesburg
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$200,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,247
Avg. Annual Appreciation
7.30%
Original Mortgage
$100,000
Outstanding Balance
$70,732
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$129,515
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 Buyer Sale Price Title Company
Schmutz David L $140,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmutz David L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $140,000 -6.6% $75 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $149,900 -- $80 / 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 -- $58,530 $8,680 $49,850
2023 -- $56,670 $8,400 $48,270
2022 $0 $54,450 $8,400 $46,050
2021 $2,526 $46,200 $7,920 $38,280
2020 $2,526 $48,000 $7,920 $40,080
2019 $3,344 $47,050 $7,760 $39,290
2018 $3,332 $47,050 $7,530 $39,520
2017 $3,474 $45,680 $7,310 $38,370
2015 -- $45,000 $7,200 $37,800
2013 $3,126 $44,990 $7,270 $37,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA999392

RMLS Alliance

APN: 99-03-377-016