NOT LISTED FOR SALE

328 W Elk St Freeport, IL 61032

Estimated Value: $61,000 - $84,000

2 Beds
2 Baths
-- Sq Ft
8,015 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $21,000

Est. 234% increase in value since last sale

Current estimated payment $485/month

5 Days on Market

About This Home

As of August 2023

Up and Down DUPLEX - Driveway, Garage and Separate Utilities. Currently Vacant. 2 New Gas Forced Air Furnaces installed by Bomar on 12/6/2022 with a 10 Year Parts & 20 Year Heat Exchanger Warranty.

Last Agent to Sell the Property

Kimberly Taylor

NextHome First Class License #471013351 Listed on: 05/31/2023

NextHome First Class

Last Buyer's Agent

Brian Borchardt

A-1 Agency License #471004534

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 8,015

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • 2-Story Property
  • Lot Dimensions are 80x100
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Parking

2

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, English
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Stone
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 80X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 1360
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Aug 31, 2023
Sold by
An Investments Llc
Bought by
Alcantara Mario Ugalade
Seller's Agent
Kimberly Taylor
NextHome First Class
Buyer's Agent
Brian Borchardt
A-1 Agency
List Price
$29,900
Sold Price
$21,000
Premium/Discount to List
-$8,900
-29.77%
Views
283
Current Estimated Value
$70,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,051
Avg. Annual Appreciation
64.85%
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
Alcantara Mario Ugalade $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $21,000 -16.0% --
08/02/2023 08/02/23 Price Changed $25,000 -16.4% --
07/14/2023 07/14/23 For Sale $29,900 +42.4% --
06/14/2023 06/14/23 Off Market $21,000 -- --
06/06/2023 06/06/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $29,900 +42.4% --
06/01/2018 06/01/18 Sold $21,000 -46.2% $15 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
08/28/2017 08/28/17 For Sale $39,000 -- $27 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,361 $12,154 $2,007 $10,147
2023 $1,310 $10,299 $2,072 $8,227
2022 $1,278 $10,299 $2,072 $8,227
2021 $1,306 $9,977 $2,007 $7,970
2020 $1,298 $9,977 $2,007 $7,970
2019 $1,584 $12,012 $2,007 $10,005
2018 $1,548 $11,721 $2,007 $9,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11795216

Midwest Real Estate Data (MRED)

APN: 18-14-31-337-012