NOT LISTED FOR SALE

306 E Prospect Terrace Freeport, IL 61032

Estimated Value: $72,000 - $81,000

4 Beds
2 Baths
-- Sq Ft
6,229 Sq Ft Lot

Last Sold December 01, 2021

Last sale price $52,500

Est. 46% increase in value since last sale

Current estimated payment $531/month

2 Days on Market

About This Home

As of December 2021

Up and Down Duplex with Solid Income. Rents are $600/Month on Main Floor and $600/Month on 2nd & 3rd Level. All Electric. Detached Garage.

Last Agent to Sell the Property

Kimberly Taylor

NextHome First Class License #471013351 Listed on: 11/09/2021

NextHome First Class

Last Buyer's Agent

Kimberly Taylor

NextHome First Class License #471013351 Listed on: 11/09/2021

NextHome First Class

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $456

Year Built

  • Built in 1902

Lot Details

  • 6,229

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 34x154
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$456

Year Built

Built in 1902

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1902
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • 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: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Lot Info

  • Lot Dimensions: 34X154
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 456
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 6, 2021
Sold by
Allen Tyrane
Bought by
Nanda Amit
Seller's Agent
Kimberly Taylor
NextHome First Class
Buyer's Agent
Kimberly Taylor
NextHome First Class
List Price
$59,900
Sold Price
$52,500
Premium/Discount to List
-$7,400
-12.35%
Current Estimated Value
$76,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,055
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Sep 3, 2019
Sold by
Mark Friedman
Bought by
Allen Tyrane

Purchase Details

Listed on
Feb 25, 2013
Closed on
May 9, 2013
Seller's Agent
Kimberly Taylor
NEXTHOME FIRST CLASS
Buyer's Agent
Kimberly Taylor
NEXTHOME FIRST CLASS
List Price
$19,900
Sold Price
$15,500
Premium/Discount to List
-$4,400
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
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
Nanda Amit $49,875 --
Allen Tyrane $10,000 --
-- $15,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Sold $52,500 -12.4% --
11/12/2021 11/12/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $59,900 +286.5% --
05/08/2013 05/08/13 Sold $15,500 -22.1% $8 / Sq Ft View Prior Sale
04/18/2013 04/18/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $19,900 -- $10 / 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 $1,575 $14,069 $478 $13,591
2023 $1,569 $12,342 $494 $11,848
2022 $1,276 $10,278 $494 $9,784
2021 $634 $4,843 $478 $4,365
2020 $457 $3,510 $478 $3,032
2019 $472 $3,578 $478 $3,100
2018 $461 $3,488 $478 $3,010
2017 $453 $3,425 $478 $2,947
2016 $452 $3,462 $478 $2,984
2015 $636 $4,936 $477 $4,459
2013 $770 $6,436 $503 $5,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11266469

Midwest Real Estate Data (MRED)

APN: 18-14-31-478-039