Seller's Agent in 2022
Nicholas Tabick
RE/MAX Suburban
(847) 254-9654
3 in this area
34 Total Sales
241 N Ford St Marengo, IL 60152
Estimated Value: $356,334 - $427,000
6
Beds
6
Baths
--
Sq Ft
7,405
Sq Ft Lot
Highlights
- Multiple Water Heaters
- Heating System Uses Natural Gas
- 4-minute walk to Calvin Spencer Park
About This Home
As of February 2022LONGTIME OWNER SAYS TIME TO RETIRE, TENANTS PAY GAS AND ELECTRIC, WATER NOT SPLIT OUT YET. RENTS BELOW MARKET/ ROOM TO INCREASE, OR TURN INTO CONDOS. XLNT BUILDING/ INVESTMENT FOR SAVVY OR NEW INVESTOR, LOTS OF OPPORTUNITY ALSO OFFERED WITH 7 UNIT NEXT DOOR $644000. Seller prefers 7 unit sold first. BROKERS/AGENTS INSTRUCTED NOT TO DISTURB TENANTS BE PROFESSIONAL, MONTHLY INCOME IS CURRENTLY $2850.00, INCLUDES CONCESSION FOR ON SITE HELP AND UNDER MARKET RENTS
Last Agent to Sell the Property
RE/MAX Suburban License #475138167 Listed on: 07/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,369
Year Built
- Built in 1975
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 114x70
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 6 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
- Recreation or Family Area in Basement
- Basement Storage
Parking
- 8 Parking Spaces
- Over 1 Space Per Unit
- Driveway
- Uncovered Parking
- Visitor Parking
- Off-Street Parking
- Parking Included in Price
- Assigned Parking
Schools
- Marengo High School
Utilities
- Heating System Uses Natural Gas
- Multiple Water Heaters
Community Details
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2021
Closed on
Jan 24, 2022
Sold by
Sharon L Carr Self-Declaration Of Trust
Bought by
Ford Castle Llc
Seller's Agent
Nicholas Tabick
RE/MAX Suburban
Buyer's Agent
Darlene Barnas
Re/Max Advantage
List Price
$276,000
Sold Price
$264,000
Premium/Discount to List
-$12,000
-4.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,334
Avg. Annual Appreciation
9.90%
Original Mortgage
$704,000
Outstanding Balance
$213,897
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$174,437
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ford Castle Llc | $880,000 | Law Office Of James R Nelson & |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ford Castle Llc | $704,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/01/2022 02/01/22 | Sold | $264,000 | -4.3% | -- |
| 10/08/2021 10/08/21 | Pending | -- | -- | -- |
| 07/03/2021 07/03/21 | For Sale | $276,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $8,471 | $111,629 | $17,938 | $93,691 |
| 2023 | $8,322 | $98,404 | $15,813 | $82,591 |
| 2022 | $7,983 | $88,989 | $14,300 | $74,689 |
| 2021 | $7,472 | $81,084 | $13,030 | $68,054 |
| 2020 | $7,369 | $77,164 | $12,400 | $64,764 |
| 2019 | $7,824 | $73,113 | $11,749 | $61,364 |
| 2018 | $7,298 | $68,483 | $11,005 | $57,478 |
| 2017 | $7,094 | $64,869 | $10,424 | $54,445 |
| 2016 | $6,902 | $60,608 | $9,739 | $50,869 |
| 2013 | -- | $59,297 | $9,528 | $49,769 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Tabick
-
Darlene Barnas
Buyer's Agent in 2022
Darlene Barnas
Re/Max Advantage
(815) 354-6551
2 in this area
54 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11116187
APN: 11-35-229-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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