NOT LISTED FOR SALE

2012 1st Ave Rapids City, IL 61278

Estimated Value: $336,962 - $422,000

2 Beds
1 Bath
-- Sq Ft
0.66 Acres

About This Home

As of March 2021

Ranch on Mississippi River. Fresh paint, and new vinyl floor coverings in kitchen, hall and berooms. This home does not flood. The street will flood at high river levels. Deep navicable water. Tennant can have a boat dock if desired. * NO PETS!

Last Agent to Rent the Property

Craig Wainwright

Wainwright Realty License #471.006013/B59424000 Listed on: 11/20/2020

Last Renter's Agent

Craig Wainwright

Wainwright Realty License #471.006013/B59424000 Listed on: 11/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,803

Year Built

  • 1956

Lot Details

  • 0.66

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Oven or Range

Schools

  • Riverdale Elementary School

Utilities

  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,803

Year Built

1956

Lot Details

0

Rental Info

  • Deposit: 1600
  • Tenant Responsible For: All Utilities, Garbage Collection, Gas & Electric, Lawn Care, Sewer, Snow Removal, Water
  • Application Fee: No
  • Credit Check: Yes
  • Section8: No
  • Lease Price Mo: 1600

Listing Details

  • Class: Rental
  • Type: Single Family
  • Style: 1 Story
  • Lvt Date: 11/20/2020
  • Exclusive: Yes
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1956

Interior Features

  • Appliances: Refrigerator, Range/Oven
  • Interior Amenities: Cable Tv Available
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Laundry: Private
  • Price Per Sq Ft: 1.33
  • Total Sq Ft: 1200

Garage/Parking

  • Garage Parking: Attached
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas, Central Air, Forced Air
  • Water Sewer: Public Sewer, Public Water

Schools

  • Elementary School: Riverdale
  • Middle School: Riverdale
  • High School: Riverdale
  • Elementary School: Riverdale

Lot Info

  • Subdivision: Assessors
  • Geo Subdivision: IL

MLS Schools

  • High School School District: Riverdale
  • Middle School: Riverdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
Leon E Gibson Revocable Trust and Gibson Leon E
Bought by
Cross Roads Builders Llc
Current Estimated Value
$384,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$450,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$229,712

Purchase Details

Closed on
Sep 9, 2020
Sold by
Mary Anne Gustafson Revocable Trust
Bought by
Leon E Gibson Revocable Trust
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
Cross Roads Builders Llc $400,000 None Listed On Document
Leon E Gibson Revocable Trust -- Pepping Jerry J
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cross Roads Builders Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Rented $1,600 0.0% --
02/11/2021 02/11/21 Price Changed $1,600 -5.9% --
02/03/2021 02/03/21 Price Changed $1,700 -5.6% --
11/20/2020 11/20/20 For Rent $1,800 -- --
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 $5,803 $77,476 $60,803 $16,673
2023 $5,803 $72,611 $56,985 $15,626
2022 $5,466 $70,632 $55,433 $15,199
2021 $5,379 $67,526 $52,995 $14,531
2020 $2,050 $66,660 $52,315 $14,345
2019 $4,975 $74,361 $51,365 $22,996
2018 $4,975 $74,361 $51,365 $22,996
2017 $1,993 $72,974 $50,407 $22,567
2016 $2,000 $72,611 $50,156 $22,455
2015 $2,018 $71,188 $49,173 $22,015
2014 -- $69,404 $47,941 $21,463
2013 -- $69,404 $47,941 $21,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4217152

RMLS Alliance

APN: 09-02-102-002