$98,000
SOLD MAR 31, 2025

2481 40th Ave Aledo, IL 61231

4 Beds
2 Baths
1,993 Sq Ft
1.01 Acres

Recently Sold

$49 Per Sq Ft

11% Below List Price

28 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Living Room
  • Home Office
  • Porch
  • Laundry Room

About This Home

As of March 2025

This spacious 4-bed, 2-bath, 1.5-story country home sits on a picturesque 1-acre lot in Aledo, offering a peaceful setting nestled between beautiful farmland & mature trees. The home features a large, welcoming front porch. Inside, you'll find original hardwood floors, large windows, & detailed solid oak woodwork throughout, including oak colonnades & a built-in china hutch. The kitchen offers ample cabinet space. The main floor includes a bedroom with hardwood floors. 3 additional bedrooms with large closets are located upstairs. The home has a full basement, a seated back deck, & a detached 2-car garage. Recent updates include a new septic system (2019), a water heater (2020), & a well pump (2023). The 500-gallon LP tank is owned. This home is being sold AS-IS, WHERE-IS & offers excellent potential for those ready to make it their own. Call today to schedule a tour & discover the charm and possibilities this country home has to offer!

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 10/15/2024

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Megan Kroll

RE/MAX Concepts Bettendorf License #S71609000/475.208885

RE/MAX Concepts Bettendorf

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1920

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 225x195x225x190
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,993 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Formal Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

  • United High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Propane
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,511

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Attached: Townhouse-2 Story
  • Type Detached: 1.5 Story
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: None
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: S16 T13n R2w A Tract Of Land In Pt Nw1/4 Ne1/4 As Desc Survey 396747
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Basement: Full, Unfinished, Egress Window
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1993
  • Other Equipment: Water Heater-Gas
  • Below Grade Bedrooms: 0
  • Dining Room: Separate

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Lot Features: Level, Sloped
  • Patio And Porch Features: Porch, Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Gravel, Detached, Garage, Guest
  • ParkingTotal: 2

Utilities

  • Sewer: Septic Tank
  • Heating: Propane, Steam

Schools

  • High School: United

Lot Info

  • Lot Size Acres: 1.01
  • Lot Dimensions: 225x195x225x190

Rental Info

  • Board Number: 30

Tax Info

  • Tax Annual Amount: 1511.26
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jul 18, 2019
Bought by
Faralli Gina R and Faralli Christoper Zach
Seller's Agent
Sharon Esslinger
RE/MAX Country Crossroads
Buyer's Agent
Abby McAlister
Cornerstone Partners QC - Real Broker, LLC
List Price
$129,000
Sold Price
$124,000
Premium/Discount to List
-$5,000
-3.88%
Current Estimated Value
$119,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,337
Avg. Annual Appreciation
-0.54%
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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Purchase History

Date Type Sale Price Title Company
Grant Deed $124,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $98,000 -10.8% $49 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $109,900 -11.4% $55 / Sq Ft
07/15/2019 07/15/19 Sold $124,000 -3.9% $62 / Sq Ft View Prior Sale
05/13/2019 05/13/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $129,000 -- $65 / 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 $1,625 $27,160 $1,010 $26,150
2023 $1,625 $24,715 $920 $23,795
2022 $1,280 $24,405 $910 $23,495
2021 $1,315 $22,355 $835 $21,520
2020 $1,286 $21,395 $800 $20,595
2019 $1,261 $20,875 $780 $20,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4257473

Midwest Real Estate Data (MRED)

APN: 161616200008