NOT LISTED FOR SALE

302 E 3rd St Prophetstown, IL 61277

Estimated Value: $85,000 - $172,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold February 13, 2018

Last sale price $45,000

Est. 154% increase in value since last sale

Current estimated payment $778/month

Highlights

  • Multiple Garages
  • Patio
  • 2-minute walk to Prophetstown State Park
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of February 2018

Wonderful investment property. Rent both or live in one side and rent the other. Each side has its own furnace, water heater, separate half of the basement, their own 1 car attached garage and driveway. Tenants pay all their utilities. Great cash flow!!

Last Agent to Sell the Property

Tina DeMay

Bird Realty License #475138089 Listed on: 01/11/2018

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,761

Year Built

  • Built in 1953

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 53x153x47x167

Parking

  • 1 Car Attached Garage
  • Multiple Garages
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Prophetstown Elementary School
  • Plt Middle School
  • Prophetstown High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,761

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Garage/Space,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Patio
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Elementary School: PROPHETSTOWN ELEMENTARY SCHOOL
  • High School: PROPHETSTOWN HIGH SCHOOL
  • Middle/Junior School: PLT MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 53X153X47X167
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 1760.9
  • Tax Year: 2016

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s,Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Feb 13, 2018
Sold by
Oscar Industries Inc
Bought by
Lundquist Timothy R and Lundquist Ann N
Seller's Agent
Tina DeMay
Bird Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Current Estimated Value
$114,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,305
Avg. Annual Appreciation
12.56%
Original Mortgage
$36,000
Outstanding Balance
$10,073
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$104,232

Purchase Details

Closed on
Aug 5, 2008
Sold by
Fliehler Vernon and Fliehler Diane M
Bought by
Oscar Industries Inc
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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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
Lundquist Timothy R -- --
Oscar Industries Inc $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundquist Timothy R $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold $45,000 -18.2% --
01/11/2018 01/11/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $55,000 -- --
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 $2,148 $25,224 $3,753 $21,471
2023 $1,941 $23,000 $3,422 $19,578
2022 $1,754 $20,256 $3,014 $17,242
2021 $1,650 $18,441 $2,744 $15,697
2020 $1,692 $18,402 $2,738 $15,664
2019 $1,778 $19,483 $3,301 $16,182
2018 $1,822 $20,207 $3,424 $16,783
2017 $1,824 $19,798 $3,355 $16,443
2016 $1,761 $18,511 $3,240 $15,271
2015 $1,857 $19,755 $3,457 $16,298
2014 $1,733 $18,868 $3,302 $15,566
2013 $1,857 $19,755 $3,457 $16,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09831780

Midwest Real Estate Data (MRED)

APN: 2104127002