NOT LISTED FOR SALE

312 5th St Unit 2 Colona, IL 61241

Estimated Value: $154,000 - $186,000

4 Beds
-- Bath
1,960 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $155,000 $79 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,275/month

114 Days on Market

Highlights

  • Corner Lot
  • Storage
  • Forced Air Heating System

About This Home

As of December 2023

Come check out this fully occupied 3 bedroom 2 bath duplex located on a corner lot with no flood insurance required in Colona! This duplex has been updated with new flooring and paint. Side A new water heater installed. Both sides have been updated throughout the years. This property conveniently has off street parking spaces for tenants.

Last Listed By

Justin Wright

Realty One Group Opening Doors Brokerage Phone: 217-816-5715 License #S70747000 Listed on: 06/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,762

Year Built

  • Built in 1960

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • Storage

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

  • Colona Elementary And Middle School
  • United Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Reese Garden City Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 06102530210040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,762

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1960
  • New Construction: No
  • Structure Type: Duplex
  • PricePerSqFt: 79.08
  • Age55PlusDevelopment: No
  • Attribution Contact: Cell: 217-816-5715
  • Special Features: None

Interior Features

  • Basement: None
  • Interior Amenities: Storage, Cable Available

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas, Central Air, Gas Water Heater
  • Laundry Features: None, Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Colona
  • High School: United Township
  • Middle Or Junior School: Colona

Lot Info

  • Lot Size: .23
  • Parcel #: 06102530210040

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3489
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25800
  • Resident Manager Expense: 2580
  • Annual Operating Expense: 3580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
Wrightway Rentals Llc
Bought by
Sierra Jose
Total Days on Market
114
Current Estimated Value
$171,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2023
Closed on
Nov 20, 2023
Sold by
Wrightway Rentals Llc
Bought by
Sierra Jose and Zepeda Cynthia Elizabeth
Seller's Agent
Justin Wright
Realty One Group Opening Doors
Buyer's Agent
Ashaun Thomas
BUY SELL BUILD QC - Real Broker, LLC
List Price
$199,000
Sold Price
$155,000
Premium/Discount to List
-$44,000
-22.11%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$116,250
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2021
Sold by
Burwell Gay A and Burwell Kathy L
Bought by
Wrightway Rentals Llc

Purchase Details

Closed on
Jul 15, 2015
Sold by
Seals James A and Seals Robyn A
Bought by
Burwell Gary A and Burwell Kathy L

Purchase Details

Closed on
Jun 12, 2007
Sold by
Kleemann Erich
Bought by
Seals James A and Seals Robyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
6.2%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sierra Jose $12,000 None Listed On Document
Sierra Jose $150,000 None Listed On Document
Wrightway Rentals Llc $128,000 Attorney
Burwell Gary A $100,000 Attorney
Seals James A $84,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sierra Jose $148,000
Previous Owner Sierra Jose $116,250
Previous Owner Wright Justin $17,000
Previous Owner Burwell Gary A $250,000
Previous Owner Burwell Gary A $88,000
Previous Owner Seals James A $78,331
Previous Owner Seats James A $91,250
Previous Owner Seals James A $87,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $155,000 -13.8% $79 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $179,900 -4.8% $92 / Sq Ft
07/08/2023 07/08/23 Price Changed $189,000 -5.0% $96 / Sq Ft
06/20/2023 06/20/23 For Sale $199,000 -- $102 / 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
2023 $3,762 $38,626 $2,950 $35,676
2022 $3,489 $35,115 $2,682 $32,433
2021 $3,495 $34,707 $2,910 $31,797
2020 $3,356 $32,955 $2,763 $30,192
2019 $3,356 $33,198 $2,783 $30,415
2018 $3,302 $33,000 $2,766 $30,234
2017 $3,140 $32,019 $2,794 $29,225
2016 $3,090 $31,608 $2,758 $28,850
2015 $2,506 $30,928 $2,699 $28,229
2013 $2,506 $30,262 $2,641 $27,621
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Justin Wright

    Realty One Group Opening Doors

  • Ashaun Thomas

    Buyer's Agent in 2023

    Ashaun Thomas

    BUY SELL BUILD QC - Real Broker, LLC

    (309) 948-8989

    4 in this area

    80 Total Sales

    Ashaun Thomas
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: QC4243833

RMLS Alliance

APN: 06-10-253-021

Illinois Henry County Colona 61241

312 5th St Unit 2, Colona, IL

Homes for Sale in Colona, IL

This home is located at 312 5th St Unit 2, Colona, IL 61241 since 20 June 2023 and is currently estimated at $171,719, approximately $87 per square foot. This property was built in 1960. 312 5th St Unit 2 is a home located in Henry County with nearby schools including Colona Grade School, United Township High School, and East Moline Christian 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.

Nearby Homes