NOT LISTED FOR SALE

326-328 E Prospect Terrace Freeport, IL 61032

Estimated Value: $20,000 - $98,000

-- Bed
3 Baths
3,529 Sq Ft
$19/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $14,000 $4 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $495/month

43 Days on Market

About This Home

As of April 2016

A diamond in the rough or a cash cow ? Both ! Good condition on the inside, part of building needs new roof. one unit currently rented, one is owner occupied. Tenants pay all utilities, including water sewer and garbage. Full partially finished attic. In foreclosure, please take a look right away.

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 02/01/2016

Last Buyer's Agent

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 02/01/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $763

Year Built

  • Built in 1897

Lot Details

  • 0.37

Home Design

  • Shingle Roof

Interior Spaces

  • 3,529 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$763

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 80
  • General Features: Deck
  • Grid: Freeport
  • Lvt Date: 02/02/2016
  • Rear: 80
  • Side 1: 200
  • Side 2: 200
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 6109
  • Number Of Units In Bldg: 3
  • Potential Income: 12660
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 3529
  • Pertinent Facts: A diamond in the rough or a cash cow ? Both ! Good condition on the inside, part of building needs new roof. one unit currently rented, one is owner occupied. Tenants pay all utilities, including water sewer and garbage. Full partially finished attic. In foreclosure, please take a look right away.
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: 1163
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • L O1 Brokerage Number: 477013316
  • S O1 Brokerage Number: 477013316
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 3.97
  • Basement: Yes

Exterior Features

  • Roof: Shingle

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

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

Building Info

  • Year Built: 1897

Tax Info

  • Year: 2014
  • Taxes: 763

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2005
Current Estimated Value
$66,000
Source: Public Records

Range of Values:

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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
-- $31,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $14,000 -29.6% $4 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $19,900 -- $6 / 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 $1,734 $15,483 $867 $14,616
2023 $1,690 $13,290 $895 $12,395
2022 $1,288 $10,375 $895 $9,480
2021 $606 $4,631 $867 $3,764
2020 $435 $3,345 $867 $2,478
2019 $448 $3,395 $867 $2,528
2018 $439 $3,321 $867 $2,454
2017 $593 $4,490 $867 $3,623
2016 $592 $4,536 $867 $3,669
2015 $769 $5,971 $855 $5,116
2013 $1,015 $8,486 $902 $7,584
Source: Public Records

Agents Affiliated with this Home

  • Brian Borchardt

    Seller's Agent in 2016

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    408 Total Sales

    Brian Borchardt
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 126151

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-478-028

Illinois Stephenson County Freeport 61032

326-328 E Prospect Terrace, Freeport, IL

This home is located at 326-328 E Prospect Terrace, Freeport, IL 61032 since 01 February 2016 and is currently estimated at $66,000, approximately $18 per square foot. This property was built in 1897. 326-328 E Prospect Terrace is a home located in Stephenson County with nearby schools including Freeport High School, Aquin Elementary School, and Aquin Catholic Junior/Senior High 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.

NorthWest Illinois Alliance of REALTORS® 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.

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