NOT LISTED FOR SALE

244 N Cedar St Galesburg, IL 61401

Estimated Value: $119,000 - $146,000

6 Beds
4 Baths
4,880 Sq Ft
$27/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $130,000 $27 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $945/month

221 Days on Market

About This Home

As of September 2022

Welcome to Galesburg, IL. This is a 4 unit building with private entrances for each tenant.

Each tenant also has access to the coin operated laundry in the basement.

Last Agent to Sell the Property

Thomas Knapp

RE/MAX Preferred Properties License #471003323 Listed on: 12/17/2021

Last Buyer's Agent

Zack Thiel

RE/MAX Preferred Properties License #475163980

RE/MAX Preferred Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,547

Year Built

  • Built in 1932

Lot Details

  • 0.49

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Crawl Space

Schools

  • Steele Elementary School
  • Galesburg High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,547

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Four-Plex | Apartment Building | Conversion | Duplex/Side by Side
  • Legal Description: BERGEN & SISSON'S SD LOTS 5, 6, 7 & 8 BLK 6 LOT 11 & VAC ALLEY, AND EX N 8 RDS LOTS 1 & 2 BLK 6.
  • Lvt Date: 12/17/2021
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number of Ranges: 5
  • Number Refrigerators: 5
  • Number Washers: 1
  • Basement: Brick, Crawl Space, Full, Partial, Unfinished
  • Price Per Sq Ft: 26.64
  • Total Sq Ft: 4880

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Road Access: Alley, Curbs & Gutters, Gravel
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Alley, Detached, Guest Parking, On-Street Parking
  • Number Parking Spaces: 10

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 750
  • Garbage Collection Exp: 1248
  • Gas Expense: 750
  • Laundry Facilities: Common, Owned Equipment
  • Water Sewer Expenses: 1020

Schools

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

Lot Info

  • Estimated Lot Size: 66x128 + 66x198
  • Estimated Number of Acres: 0.49
  • Lot Description: Level, Sloping
  • Zoning: R-3A
  • Subdivision: Bergen
  • Additional Assessor Parcel Numbers: 9910451015

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 21600

Tax Info

  • Annual Taxes: 1546.78
  • Parcel Id Number Tax Id: 9910451016/015
  • Tax Year: 2020

Multi Family

  • Total Number Units: 5
  • Gross Annual Income: 22200
  • Total Number Central Air Units: 3
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 6
  • Total Number Heating Units: 6
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Lombard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Sep 15, 2022
Sold by
Roberts Scott A and Roberts Tammy E
Bought by
2 At Holdings Llc
Seller's Agent
Thomas Knapp
RE/MAX Preferred Properties
Buyer's Agent
Zack Thiel
RE/MAX Preferred Properties
List Price
$155,000
Sold Price
$130,000
Premium/Discount to List
-$25,000
-16.13%
Views
26
Current Estimated Value
$133,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,227
Avg. Annual Appreciation
-1.08%
Original Mortgage
$105,965
Outstanding Balance
$102,264
Interest Rate
6.11%
Mortgage Type
Construction
Estimated Equity
$23,580
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
2 At Holdings Llc $130,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2 At Holdings Llc $105,965
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 For Rent $800 0.0% --
09/15/2022 09/15/22 Sold $130,000 -16.1% $27 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $155,000 0.0% $32 / Sq Ft
06/02/2022 06/02/22 Price Changed $155,000 +19.2% $32 / Sq Ft
04/18/2022 04/18/22 Off Market $130,000 -- --
12/17/2021 12/17/21 For Sale $170,000 -- $35 / 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 $2,683 $28,920 $1,920 $27,000
2023 $2,683 $28,000 $1,860 $26,140
2022 $1,044 $11,020 $1,860 $9,160
2021 $1,011 $10,390 $1,750 $8,640
2020 $1,028 $10,390 $1,750 $8,640
2019 $1,016 $10,190 $1,720 $8,470
2018 $1,012 $10,190 $1,670 $8,520
2017 $991 $9,890 $1,620 $8,270
2015 -- $9,750 $1,600 $8,150
2013 $1,145 $9,850 $1,620 $8,230
Source: Public Records

Agents Affiliated with this Home

  • Thomas Knapp

    Seller's Agent in 2022

    Thomas Knapp

    RE/MAX Preferred Properties

    (309) 335-4000

    404 in this area

    480 Total Sales

    Thomas Knapp
    Section Image

  • Z

    Buyer's Agent in 2022

    Zack Thiel

    RE/MAX Preferred Properties

    22 in this area

    53 Total Sales

    Zack Thiel
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1011682

RMLS Alliance

APN: 99-10-451-016

Illinois Knox County Galesburg 61401

244 N Cedar St, Galesburg, IL

This home is located at 244 N Cedar St, Galesburg, IL 61401 since 17 December 2021 and is currently estimated at $133,227, approximately $27 per square foot. This property was built in 1932. 244 N Cedar St is a home located in Knox County with nearby schools including Silas Willard Elementary School, Galesburg Junior Senior High School, and Galesburg High School.

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.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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