NOT LISTED FOR SALE

227 E Iowa St Spring Valley, IL 61362

Estimated Value: $45,000 - $90,000

1 Bed
1 Bath
920 Sq Ft
$77/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $40,000 $43 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $499/month

16 Days on Market

Highlights

  • 2 Car Detached Garage
  • Living Room
  • 1-Story Property
  • Enclosed Patio or Porch
  • Laundry Room
  • Forced Air Heating System

About This Home

As of September 2022

Small but cute 1-2 bedroom home with main floor laundry, garden shed and a fabulous 2 car garage built in 2002. Garage has an attached covered patio and concrete driveway. Whether as an income property or for yourself this is the one!

Last Agent to Sell the Property

Janelle McCarter

Landmark Realty of Illinois LLC License #471004781 Listed on: 06/23/2022

Last Buyer's Agent

Bonnie Lester

Coldwell Banker Today's, Realtors

Coldwell Banker Today's, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $611

Year Built

  • Built in 1905

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 130

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Hall High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$611

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 920
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 920
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 920
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Hall High School

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50 X 130
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 611.48
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Parsons Craig and Parsons Trisha
Bought by
Taliani Kevin
Current Estimated Value
$70,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Outstanding Balance
$31,271
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$39,212

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 1, 2022
Sold by
Jictb Inc
Bought by
Parsons Craig and Parsons Trisha
Seller's Agent
Janelle McCarter
Landmark Realty of Illinois LLC
Buyer's Agent
Bonnie Lester
Coldwell Banker Today's, Realtors
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%
Original Mortgage
$64,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2021
Sold by
Bureau County Clerk
Bought by
Jictb Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Taliani Kevin $41,000 None Listed On Document
Parsons Craig -- --
Jictb Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taliani Kevin $32,800
Previous Owner Parsons Craig $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $40,000 -11.1% $43 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $45,000 -- $49 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,561 $13,863 $3,260 $10,603
2023 $1,561 $14,093 $3,057 $11,036
2022 $1,368 $11,786 $2,820 $8,966
2021 $611 $11,125 $2,662 $8,463
2020 $558 $10,681 $2,556 $8,125
2019 $536 $10,450 $2,501 $7,949
2018 $504 $10,178 $2,436 $7,742
2017 $482 $9,968 $2,386 $7,582
2016 $481 $9,890 $2,367 $7,523
2015 -- $7,549 $0 $7,549
2014 -- $9,924 $2,375 $7,549
2013 -- $10,362 $2,480 $7,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11445491

Midwest Real Estate Data (MRED)

APN: 18-35-364-007