NOT LISTED FOR SALE

314 3rd Ave Colona, IL 61241

Estimated Value: $170,836 - $201,000

4 Beds
2 Baths
2,288 Sq Ft
$81/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $135,000 $59 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,226/month

5 Days on Market

About This Home

As of July 2020

Very nice duplex! 1144 sqft per unit! Top unit has A/C. Bottom unit has window unit. The average gas & electric for up is $66.33 Down is $115.33. But until recently rented, owner lived upstairs, only 6 months a year.2-2 car garages 1 is 22x24, other is 26x26 with 26x26 addition on back. Has bathroom, and furnace.Perfect for parties, car buffs, workshop, or a she-shed! Bottom unit is all ceramic tile floors, Both have huge eat in kitchens! Microwaves included too! Both units has washer and dryer in the big bathroom! Updated siding, roof and windows. Great investment property, on double lot! Shed too!

Last Agent to Sell the Property

Mary Bennett-McClean

RE/MAX Concepts Moline License #475.135226/S37679000 Listed on: 06/18/2020

RE/MAX Concepts Moline

Last Buyer's Agent

Rob Clemens III

EXP REALTY, LLC License #S67225000/ 475191537

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,167

Year Built

  • Built in 1970

Lot Details

  • 0.36

Interior Spaces

  • 2-Story Property

Parking

  • Garage
  • Garage Door Opener

Schools

  • Colona Elementary School
  • United Township High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,167

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Lot 1 and 2 Blk 8 Reese Gardens City of Green Rock
  • Lvt Date: 06/19/2020
  • Year Built: 1970
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Garage Door Opener(s)
  • Number Dryers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 2
  • Price Per Sq Ft: 59
  • Total Sq Ft: 2288

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Garage Parking: Detached, Guest Parking, Parking Garage, Shared Garage
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Gas, Central Air, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 87
  • Laundry Facilities: Owned Equipment, Units Hook-Ups
  • Number Window Units: 1

Schools

  • Elementary School: Colona
  • High School: United Township

Lot Info

  • Lot Description: Extra Lot, Level
  • Subdivision: Reese Garden
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 16200

Tax Info

  • Annual Taxes: 5166.96
  • Parcel Id Number Tax Id: 06-10-276-004
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 16200
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 20, 2020
Sold by
Link Jeanne K and Estate Of James E Sawyer
Bought by
Bell Nancy Caroline
Seller's Agent
Mary Bennett-McClean
RE/MAX Concepts Moline
Buyer's Agent
Rob Clemens III
EXP REALTY, LLC
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Current Estimated Value
$184,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,209
Avg. Annual Appreciation
5.87%
Original Mortgage
$121,500
Interest Rate
4.25%
Mortgage Type
New Conventional
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
Bell Nancy Caroline $135,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bell Nancy Caroline $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2020 07/27/20 Sold $135,000 -6.9% $59 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $145,000 -- $63 / 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 $3,173 $53,837 $4,983 $48,854
2023 $3,347 $49,895 $4,618 $45,277
2022 $3,414 $45,359 $4,198 $41,161
2021 $3,630 $47,045 $6,691 $40,354
2020 $4,549 $44,670 $6,353 $38,317
2019 $5,167 $51,119 $6,400 $44,719
2018 $5,084 $50,814 $6,362 $44,452
2017 $5,034 $51,327 $6,426 $44,901
2016 $4,953 $50,669 $6,344 $44,325
2015 $3,530 $49,578 $6,207 $43,371
2013 $3,530 $48,510 $6,073 $42,437
Source: Public Records

Agents Affiliated with this Home

  • R

    Buyer's Agent in 2020

    Rob Clemens III

    EXP REALTY, LLC

  • Kyle Robinson

    Buyer Co-Listing Agent in 2020

    Kyle Robinson

    Epique Realty

    (563) 505-1806

    26 in this area

    1,636 Total Sales

    Kyle Robinson
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Map

Source: RMLS Alliance

MLS Number: QC4212514

RMLS Alliance

APN: 06-10-276-004

Illinois Henry County Colona 61241

314 3rd Ave, Colona, IL

Not Listed for Sale

MultiFamily

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