NOT LISTED FOR SALE

301 Larson Ct Hillsdale, IL 61257

Estimated Value: $76,000 - $1,390,513

-- Bed
-- Bath
17,508 Sq Ft
$52/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $525,000 $30 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,153/month

839 Days on Market

About This Home

As of September 2013

Apartment complex consisting of 5 buildings. Great rental history, 23 total units. 3 two story units and 2 one-story 4 plexes. Many updates including newer furnaces and A/C units, some units have newer cupboards & carpet / laminate flooring. New water shed & roofs on two-story buildings. All buildings have newer vinyl siding. On site shared laundry provides for additional monthly income. Must give tenants 24 hr notice prior to showings. Owner pays for the electricity in the 8-1 br apartments and other units pay their own.

Last Agent to Sell the Property

Diana Franks

Mel Foster Co. Geneseo License #475.123935 Listed on: 02/28/2011

Mel Foster Co. Geneseo

Last Buyer's Agent

Diana Franks

Mel Foster Co. Geneseo License #475.123935 Listed on: 02/28/2011

Mel Foster Co. Geneseo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,127

Year Built

  • Built in 1978

Lot Details

  • 2.45

Schools

  • Riverdale High School

Additional Features

  • Crawl Space
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,127

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Supvr Asst Map lot 124-1 sheet 25
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Crawl Space, Egress Window
  • Price Per Sq Ft: 29.99
  • Total Sq Ft: 17508

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Easement
  • Exterior Amentities: Fenced

Garage/Parking

  • Number Parking Spaces: 30

Utilities

  • Heating Cooling: Electric, Forced Air, Gas, Hot Water, Central Air, Wall Units
  • Electric Expense: 5000
  • Garbage Collection Exp: 1920
  • Gas Expense: 5000
  • Laundry Facilities: Common, Owned Equipment
  • Water Sewer Expenses: 11424

Schools

  • High School: Riverdale
  • High School: Riverdale

Lot Info

  • Estimated Lot Size: 2.45
  • Estimated Number of Acres: 2.45
  • Lot Description: Level
  • Geo Subdivision: IL

Rental Info

  • Manager On Site: Yes
  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 133240
  • Lease Information: Month-To-Month, Various Terms
  • Manager Unit Number: 306-5

Tax Info

  • Annual Taxes: 14127.32
  • Parcel Id Number Tax Id: 167-2

Multi Family

  • Total Number Units: 23
  • Total Number Central Air Units: 16
  • Total Number Electric Meters: 28
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 18
  • Total Number Water Heaters: 19
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Weber Auto Group Inc
Bought by
Bermes Properties Incorporated
Current Estimated Value
$905,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,000
Outstanding Balance
$507,876
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$518,349

Purchase Details

Closed on
Jul 13, 2018
Sold by
John W And Eyvonne E Nelson Revocable Li
Bought by
Weber Auto Group Inc

Purchase Details

Closed on
Jul 11, 2018
Sold by
Gartin Alan D and Gartin Ulanda V
Bought by
Weber Auto Group Inc
Source: Public Records

Range of Values:

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Average Value
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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
Bermes Properties Incorporated $1,265,000 --
Weber Auto Group Inc $506,000 Thurman Virgil A
Weber Auto Group Inc -- Thurman Virgil A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermes Properties Incorporated $155,000
Closed Bermes Properties Incorporated $120,000
Open Bermes Properties Incorporated $1,012,000
Closed Bermes Properties Incorporated $1,012,000
Closed Bermes Properties Incorporated $253,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2013 09/16/13 Sold $525,000 -34.4% $30 / Sq Ft
06/16/2013 06/16/13 Pending -- -- --
02/28/2011 02/28/11 For Sale $799,900 -- $46 / 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 $26,358 $325,296 $18,558 $306,738
2023 $26,358 $298,437 $17,026 $281,411
2022 $17,193 $203,456 $16,062 $187,394
2021 $16,848 $192,850 $15,225 $177,625
2020 $16,843 $190,000 $15,000 $175,000
2019 $16,458 $190,000 $15,000 $175,000
2018 $16,458 $191,597 $10,314 $181,283
2017 $16,036 $191,597 $10,314 $181,283
2016 $15,758 $188,952 $10,172 $178,780
2015 $15,362 $182,916 $9,847 $173,069
2014 -- $182,916 $9,847 $173,069
2013 -- $182,916 $9,847 $173,069
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Diana Franks

    [Mel Foster Brand]

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Map

Source: RMLS Alliance

MLS Number: RMAQC4123619

RMLS Alliance

APN: 06-28-100-039

Illinois Rock Island County Hillsdale 61257

301 Larson Ct, Hillsdale, IL

This home is located at 301 Larson Ct, Hillsdale, IL 61257 since 28 February 2011 and is currently estimated at $905,171, approximately $51 per square foot. This property was built in 1978. 301 Larson Ct is a home located in Rock Island County with nearby schools including Riverdale Elementary School, Riverdale Middle School, and Riverdale Senior 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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