NOT LISTED FOR SALE

304-310 W Garfield St Freeport, IL 61032

Estimated Value: $62,000 - $81,000

-- Bed
2 Baths
1,860 Sq Ft
$41/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $54,000 $29 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $562/month

About This Home

As of October 2022

Ranch style duplex with all separate utilities sold before processed. One side rented, one side vacant and ready to rent.

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 10/18/2022

Last Buyer's Agent

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 10/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,296

Lot Details

  • 7,449

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,296

Lot Details

0

Listing Details

  • Electric: Fuses
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1488
  • Estimated Below Grade Finished Sq Ft: 372
  • Front: 62
  • General Features: Laundry in Unit, Main Floor Master
  • Grid: Freeport
  • Legal Description: PT LOTS 27 & 28 BLK E PATTISON'S SUB
  • Lvt Date: 10/18/2022
  • Rear: 62
  • Side 1: 120
  • Side 2: 120
  • Style: 1 Story
  • Type: 2 Units
  • Calculate Cap Rate: Yes
  • Annual Insurance Expense: 1200
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 2
  • Potential Income: 9731
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 1860
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Ranch style duplex with all separate utilities sold before processed. One side rented, one side vacant and ready to rent.
  • Designated Managing Broker Y N: Yes
  • Potential Annual Expenses: 3469
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1488
  • L O1 Brokerage Number: 478026897
  • S O1 Brokerage Number: 478026897
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 29.03
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Utilities

  • Cooling: Window Unit
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas
  • Separate Utilities: Yes

Schools

  • School District: Freeport 145
  • Elementary School: Freeport 145
  • Middle School: Freeport 145
  • High School: Freeport 145

Tax Info

  • Year: 2021
  • Taxes: 2296

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 1, 2022
Sold by
Skdm Ptshp
Bought by
Mcdermott Phillip A and Mcdermott Mia B
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Brian Borchardt
A-1 AGENCY
List Price
$65,000
Sold Price
$54,000
Premium/Discount to List
-$11,000
-16.92%
Current Estimated Value
$75,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,434
Avg. Annual Appreciation
11.91%
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
Mcdermott Phillip A $51,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $54,000 -16.9% $29 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $65,000 -- $35 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $1,938 $17,308 $1,926 $15,382
2023 $2,302 $18,100 $1,988 $16,112
2022 $2,247 $18,100 $1,988 $16,112
2021 $2,296 $17,535 $1,926 $15,609
2020 $2,282 $17,535 $1,926 $15,609
2019 $2,597 $19,696 $1,926 $17,770
2018 $2,534 $19,178 $1,926 $17,252
2017 $2,486 $18,815 $1,926 $16,889
2016 $2,485 $19,029 $1,926 $17,103
2015 $2,553 $19,822 $1,930 $17,892
2013 $2,500 $20,905 $2,035 $18,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202206868

NorthWest Illinois Alliance of REALTORS®

APN: 18-19-06-177-028