NOT LISTED FOR SALE

1545 Richwood Dr Galesburg, IL 61401

Estimated Value: $116,411 - $147,000

3 Beds
1 Bath
1,680 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $80,000 $48 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $920/month

5 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Ceiling Fan
  • Fenced Yard

About This Home

As of August 2017

Yours to love! Discover convenient living all on one level! This 3/4 bedroom Ranch has enticing features such as updated kitchen and bath, newer windows, main floor laundry, mostly new flooring and paint. Family room could be used as large 4th bedroom. Bonus to this wonderful home is large fenced-in back yard with new patio. This home has many updates that make this an appealing choice. TMI Home Warranty.

Last Agent to Sell the Property

Chuck Ross

Mel Foster Co. Galesburg License #471017532 Listed on: 07/03/2017

Mel Foster Co. Galesburg

Last Buyer's Agent

Joshua Kilpatrick

IN BETWEEN OFFICES License #475165018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1976

Lot Details

  • 8,451

Home Design

  • Ranch Style House

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Disposal

Parking

  • Garage
  • Garage Door Opener

Schools

  • Nielson Elementary School

Additional Features

  • Patio
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,764

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Unit Style: 1-Level
  • Legal Description: EDGEBROOK SECOND ADDN LOT 33
  • Year Built: 1976
  • Wheelchair Accessible: Potential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Range/Oven
  • Interior Amenities: Garage Door Opener(s), Ceiling Fan
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 14x11
  • Basement Foundation: Slab
  • Bedroom 2: Dimensions: 14x7
  • Bedroom 3: Dimensions: 8x8
  • Family Room: Dimensions: 20x12
  • Formal Dining Room: Dimensions: 9x8
  • Kitchen: Dimensions: 13x11
  • Living Room: Dimensions: 18x11
  • Additional Room 1: Dimensions: 7x4
  • Price Per Sq Ft: 47.62
  • Finished Sq Ft: 1680
  • Total Sq Ft: 1680
  • Finished Main Level Sq Ft: 1680

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Fenced Yard, Patio

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: Ameren Illinois

Schools

  • Elementary School: Nielson
  • Middle School: Lombard
  • High School: Galesburg
  • Elementary School: Nielson

Lot Info

  • Estimated Lot Size: 150.65x124.24x60.35x60
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1763.5
  • Parcel Id Number Tax Id: 99.2477005
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2016

MLS Schools

  • High School School District: Galesburg
  • Middle School: Lombard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Aug 11, 2017
Sold by
Mahnesmith Anthony J and Mahnesmith Heather L
Bought by
Gustafson Sarah N
Seller's Agent
Chuck Ross
Mel Foster Co. Galesburg
Buyer's Agent
Joshua Kilpatrick
IN BETWEEN OFFICES
List Price
$82,500
Sold Price
$80,000
Premium/Discount to List
-$2,500
-3.03%
Current Estimated Value
$130,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,103
Avg. Annual Appreciation
5.01%
Original Mortgage
$72,000
Outstanding Balance
$61,884
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$56,698
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
Gustafson Sarah N $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Sarah N $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $80,000 -3.0% $48 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $82,500 -- $49 / 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 $2,530 $33,270 $2,980 $30,290
2023 $2,530 $32,220 $2,890 $29,330
2022 $2,246 $29,700 $2,890 $26,810
2021 $2,143 $28,020 $2,730 $25,290
2020 $2,178 $28,020 $2,730 $25,290
2019 $2,140 $27,470 $2,680 $24,790
2018 $2,106 $27,200 $2,600 $24,600
2017 $1,738 $23,350 $2,520 $20,830
2015 -- $23,000 $2,480 $20,520
2013 $1,316 $16,670 $2,510 $14,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA174415

RMLS Alliance

APN: 99-02-477-005