NOT LISTED FOR SALE

1517 James Ct Unit 1519 Belvidere, IL 61008

Estimated Value: $322,251 - $386,000

4 Beds
4 Baths
1,400 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $249,900 $178 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,437/month

52 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Water Softener
  • Patio
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of November 2022

Fabulous Duplex! Bigger Than It Looks!! Unique opportunity to own a side by side ranch duplex tucked away on a quiet cul-de-sac. You can live here or start cash flowing immediately with this move-in ready property. 1517 is owner's side and has a beautifully updated kitchen with stainless steel appliances, newer cabinets and subway tile backsplash. Nice open concept with living room, gas fireplace and dining area. Master bedroom with dedicated bathroom. 2nd bedroom makes a nice home office or guest room. Main floor laundry. Lower level offers a family room w/2nd fireplace AND a 2nd kitchen which was used as a commercial kitchen at one time. Beautiful, private yard. Covered deck, garden area and a heavy duty canvas shed plus open air metal shed perfect for storing a boat in. 1519 has been freshly painted including ceilings. It too has an open concept kitchen, dining room and living room with new carpet. Master has a dedicated bath. The 2nd bedroom and bath are good sized. This side also has a main floor laundry room. Basement is unfinished and offers tons of storage space. The yard on this side is very nice and private too. Large deck and patio to enjoy outdoor living. Both sides share the 2 car garage. Roof is 5-6 years old. Both furnaces and central air units are under 5 years old. All appliances are owned and will stay (**vacant side fridge's ice maker does not work, this fridge sold as is. Also, no microwave on vacant side**) Such a great arrangement for an investor, 1st time buyer or anyone who may be wanting or needing to have family close but not too close. 10 min to I90/US 20, shopping, dining and medical facilities. Truly a wonderful opportunity to own a unique piece of real estate! Quick close possible.

Last Agent to Sell the Property

Kelly Wolf

Keller Williams Realty Signature License #475124687 Listed on: 09/07/2022

Keller Williams Realty Signature

Last Buyer's Agent

Kelly Wolf

Keller Williams Realty Signature License #475124687 Listed on: 09/07/2022

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,125

Year Built

  • Built in 1994

Lot Details

  • 0.56

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding
  • Siding

Interior Spaces

  • 1-Story Property

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Schools

  • Perry Elementary School
  • Belvidere Central Middle School
  • Belvidere North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • Water Softener

Community Details

Overview

  • 2 Units
  • 1-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,125

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Sump Pump, Washer, Water Softener
  • Class: MULTIFAMILY
  • Estimated Below Grade Finished Sq Ft: 200
  • Exemptions: Owner, Senior, Senior Freeze
  • Front: 40
  • General Features: Deck, Laundry in Building, Laundry in Unit, Main Floor Master, Patio, Storage Shed
  • Grid: B6
  • Legal Description: 26-44-3 LOT 24 CORDRAY SUB NO 2 1517-1519 JAMES CT
  • Lvt Date: 09/07/2022
  • Rear: 50
  • Side 1: 240
  • Side 2: 270
  • Style: 1 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 1
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 4549
  • Elementary School: Perry Elementary
  • Estimated Total Finished Sq Ft: 1400
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Fabulous Duplex! Bigger Than It Looks!! Unique opportunity to own a side by side ranch duplex tucked away on a quiet cul-de-sac. You can live here or start cash flowing immediately with this move-in ready property. 1517 is owner's side and has a beautifully updated kitchen with stainless steel appliances, newer cabinets and subway tile backsplash. Nice open concept with living room, gas fireplace and dining area. Master bedroom with dedicated bathroom. 2nd bedroom makes a nice home office or guest room. Main floor laundry. Lower level offers a family room w/2nd fireplace AND a 2nd kitchen which was used as a commercial kitchen at one time. Beautiful, private yard. Covered deck, garden area and a heavy duty canvas shed plus open air metal shed perfect for storing a boat in. 1519 has been freshly painted including ceilings. It too has an open concept kitchen, dining room and living room with new carpet. Master has a dedicated bath. The 2nd bedroom and bath are good sized. This side also has a main floor laundry room. Basement is unfinished and offers tons of storage space. The yard on this side is very nice and private too. Large deck and patio to enjoy outdoor living. Both sides share the 2 car garage. Roof is 5-6 years old. Both furnaces and central air units are under 5 years old. All appliances are owned and will stay (**vacant side fridge's ice maker does not work, this fridge sold as is. Also, no microwave on vacant side**) Such a great arrangement for an investor, 1st time buyer or anyone who may be wanting or needing to have family close but not too close. 10 min to I90/US 20, shopping, dining and medical facilities. Truly a wonderful opportunity to own a unique piece of real estate! Quick close possible.
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 1200
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 178.5
  • Basement: Yes

Exterior Features

  • Exterior: Siding, Vinyl
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas
  • Separate Utilities: Yes

Schools

  • School District: Belvidere 100
  • Elementary School: Perry Elementary
  • Middle School: Belvidere Central Middle
  • High School: Belvidere North

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2021
  • Taxes: 5125

MLS Schools

  • HighSchool: Belvidere North
  • School District: Belvidere 100
  • Middle School: Belvidere Central Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Nov 30, 2022
Sold by
Lavelle Family Trust
Bought by
Bulgaru Radu
Seller's Agent
Kelly Wolf
Keller Williams Realty Signature
Buyer's Agent
Kelly Wolf
Keller Williams Realty Signature
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$345,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,413
Avg. Annual Appreciation
11.80%
Original Mortgage
$199,920
Outstanding Balance
$196,996
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$148,317

Purchase Details

Closed on
Apr 28, 2011
Bought by
Lavelle Family Tr
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
Bulgaru Radu $249,900 Title Underwriters Agency
Lavelle Family Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bulgaru Radu $199,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $249,900 0.0% $179 / Sq Ft
10/31/2022 10/31/22 For Sale $249,900 0.0% $179 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/22/2022 10/22/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $249,900 0.0% $179 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $249,900 0.0% $179 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $249,900 -- $179 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $7,326 $90,754 $4,827 $85,927
2023 $7,326 $80,136 $7,391 $72,745
2022 $5,145 $73,789 $7,391 $66,398
2021 $5,125 $73,139 $7,391 $65,748
2020 $5,615 $65,455 $7,987 $57,468
2019 $4,953 $85,347 $31,947 $53,400
2018 $4,953 $229,068 $179,788 $49,280
2017 $4,937 $57,593 $8,482 $49,111
2016 $5,124 $59,929 $8,464 $51,465
2015 $4,978 $54,786 $10,033 $44,753
2014 $3,034 $54,466 $10,805 $43,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202205965

NorthWest Illinois Alliance of REALTORS®

APN: 05-26-102-044