NOT LISTED FOR SALE

301 Larson Ct Hillsdale, IL 61257

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

6 Beds
4 Baths
20,724 Sq Ft
$44/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $1,265,000 $61 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $7,266/month

16 Days on Market

About This Home

As of October 2022

Get your portfolio recognized with this 5 building, 23 unit listing located in Hillsdale. Just over 2 acres with a new blacktop parking lot, new metal roofs, most units do have central air and a few units have patios or decks. The property also has access to the pond across the street. You'll find a coin operating laundry area with 4 washers and 4 dryers. There is a on-site property manager that maintains the grass, maintenance and etc. The property is on its own well, new just 5 years ago! Access for serious buyers only with 24 hour notice.

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 08/02/2022

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 08/02/2022

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,848

Year Built

  • Built in 1978

Lot Details

  • 2.45

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Riverdale High School

Utilities

  • Well

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,848

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
  • Lvt Date: 08/03/2022
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 4
  • Number of Ranges: 23
  • Number Refrigerators: 23
  • Number Washers: 4
  • Basement: Full, Slab, Block, Unfinished
  • Price Per Sq Ft: 61.04
  • Total Sq Ft: 20724

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 44

Utilities

  • Heating Cooling: Baseboard, Electric, Gas, Hot Water, Central Air, Water Heater - Gas, Window Units
  • Water Sewer: Private Well, Public Sewer
  • Electric Expense: 16221
  • Laundry Facilities: Common
  • Number Window Units: 12

Schools

  • High School: Riverdale
  • High School: Riverdale

Lot Info

  • Estimated Lot Size: See Assoc Docs
  • Estimated Number of Acres: 2.45
  • Lot Description: Water Frontage, Level, Lake/Pond
  • Geo Subdivision: IL
  • Flood Plain: Yes

Rental Info

  • Manager On Site: Yes
  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 182400
  • Lease Information: Various Terms
  • Management Expense: 20800

Tax Info

  • Annual Taxes: 16848.12
  • Parcel Id Number Tax Id: 06-28-100-039
  • Tax Year: 2021

Multi Family

  • Total Number Units: 23
  • Gross Annual Income: 182400
  • Total Number Central Air Units: 17
  • Total Number Electric Meters: 21
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 17
  • Total Number Water Heaters: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Oct 11, 2022
Sold by
Weber Auto Group Inc
Bought by
Bermes Properties Incorporated
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
List Price
$1,265,000
Sold Price
$1,265,000
Views
19
Current Estimated Value
$925,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$339,239
Avg. Annual Appreciation
-7.10%
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
10/11/2022 10/11/22 Sold $1,265,000 0.0% $61 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $1,265,000 -- $61 / 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

  • Richard Bassford

    Seller's Agent in 2022

    Richard Bassford

    RE/MAX

    (309) 292-3681

    1,661 Total Sales

    Section Image
  • Robert Bermes

    Buyer Co-Listing Agent in 2022

    Robert Bermes

    RE/MAX

    (630) 915-2686

    176 Total Sales

    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4235721

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 02 August 2022 and is currently estimated at $905,171, approximately $43 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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