NOT LISTED FOR SALE

217 S State St Geneseo, IL 61254

Estimated Value: $350,962

-- Bed
-- Bath
3,468 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $195,000 $56 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,336/month

375 Days on Market

About This Home

As of April 2015

Previously used as restaurant. Ideal for retail, offices or convert back to single or multi family residence. Currently main level set up as restaurant PLUS 2 rental upstairs apartments. $1050 month income. Full basement PLUS 3-car detached carriage house.Great potential with many uses. Being sold "as-is".

Last Agent to Sell the Property

Betsy Brudos

Mel Foster Co. Geneseo License #475.093672 Listed on: 03/27/2014

Last Buyer's Agent

Betsy Brudos

Mel Foster Co. Geneseo License #475.093672 Listed on: 03/27/2014

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 1901

Lot Details

  • 0.34

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for real estate taxes, insurance, structural maintenance, common area, common area maintenance, trash, snow/lawn, water/sewer

Property Details

Property Type

Other

Est. Annual Taxes

$2,837

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1901
  • Number Stories: 1
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1

Interior Features

  • Floor Coverings: Wood
  • Flooring: Wood
  • Total Building Sq Ft: 3468

Exterior Features

  • Exterior Finish: Vinyl
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 7

Utilities

  • Cooling: Individual Units
  • Heating: Hot Water
  • Water Supply: Municipal/City

Lot Info

  • Zoning: B3
  • Estimated Land Size: 74 x 200
  • Geo Subdivision: IL

Rental Info

  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Common Area, Common Area Maint, Trash, Snow/Lawn, Water/Sewer
  • Sale Lease Includes: Building, Business, Land, Sale/Lease Other
  • Tenant Pays: Electric
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 2836.92
  • Parcel Id Number Tax Id: 082140007
  • Tax Incentive: In City Limit, Other Tax Incentive
  • Tax Year: 2013

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2019
Sold by
Thacker Thomas K and Thacker Jennifer L
Bought by
Thacker Thomas L
Current Estimated Value
$350,962

Purchase Details

Listed on
Mar 27, 2014
Closed on
Jun 16, 2015
Sold by
Thacker Thomas L and Thacker Jennifer L
Bought by
Thomas L & Jennifer L Thacker Living Tru
Seller's Agent
Betsy Brudos
Mel Foster Co. Geneseo
Buyer's Agent
Betsy Brudos
Mel Foster Co. Geneseo
List Price
$249,900
Sold Price
$195,000
Premium/Discount to List
-$54,900
-21.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$146,250
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Thacker Thomas L -- Attorney
Thomas L & Jennifer L Thacker Living Tru -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thacker Thomas $18,539
Open Thacker Ii Thomas L $171,148
Closed Thacker Ii Thomas L $25,000
Closed Thacker Ii Thomas L $146,250
Closed Thacker Thomas $146,250
Previous Owner Musser Walter P $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $195,000 -22.0% $56 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/27/2014 03/27/14 For Sale $249,900 -- $72 / 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 $4,779 $60,254 $4,457 $55,797
2023 $4,779 $60,254 $4,457 $55,797
2022 $4,897 $60,254 $4,457 $55,797
2021 $4,922 $60,254 $4,457 $55,797
2020 $4,263 $58,928 $4,359 $54,569
2019 $4,755 $60,254 $4,457 $55,797
2018 $4,773 $60,254 $4,457 $55,797
2017 $4,605 $60,254 $4,457 $55,797
2016 $5,318 $65,000 $4,245 $60,755
2015 $2,788 $36,761 $4,245 $32,516
2013 $2,788 $36,761 $4,245 $32,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4150343

RMLS Alliance

APN: 08-21-140-007