NOT LISTED FOR SALE

340 Springfield Ave South Beloit, IL 61080

Estimated Value: $122,000 - $144,343

4 Beds
2 Baths
1,998 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $60,000 $30 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $967/month

1 Day on Market

About This Home

As of December 2021

This 4 bedroom, 2 bath investor grade bi-level is ready to become your winter project! Sold in as-is, where-is condition, the upper level has a nice sized living room with hardwood floors, an eat-in kitchen, a full bath, and three bedrooms. In the partially exposed lower level you will find a large family room, the fourth bedroom, a second full bath and the laundry/utility area. The main floor is in better shape than the lower level, both will require extensive rehab. New roof on the house in 2019. Property is unlikely to qualify for traditional financing. Attached garage roof has collapsed and will require significant repair or removal of the garage structure. Seller prefers cash offers.

Last Agent to Sell the Property

Otis Johnson

Re/Max Ignite License #471020945 Listed on: 12/01/2021

Re/Max Ignite

Last Buyer's Agent

Angelica Figueroa

Century 21 Affiliated License #475190621

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,526

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Bi-Level Home
  • Shingle Roof

Interior Spaces

  • Window Treatments

Kitchen

  • Stove
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Garage
  • Alley Access
  • Driveway

Schools

  • Clark Elementary School
  • South Beloit Jr High Middle School
  • South Beloit Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,526

Lot Details

0

Listing Details

  • Interior Amenities: Window Treatments
  • Road Frontage: Alley Access, City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Microwave, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estate: Yes
  • Estimated Below Grade Finished Sq Ft: 999
  • Front: 61
  • General Features: L.L. Finished Space, Laundry Basement
  • Legal Description: FAIR OAKS ADD TO S BELOIT LTS 44 & 45 ALSO NELY 1/2 VAC ALLEY LYG SWLY & AD
  • Lot Acreage: 0.19
  • Lvt Date: 12/01/2021
  • Number of Lower Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 1
  • Rear: 61
  • Side 1: 130
  • Side 2: 130
  • Stove Range Fuel: Gas
  • Style: Bi-Level
  • Type: House
  • Agent Only_ L A1 User Code: 110137
  • Egress: No
  • Elementary School: Clark Elementary
  • Estimated Total Finished Sq Ft: 1998
  • Estimated Upper Sq Ft: 999
  • Garage Type Driveway: Attached
  • Hold Earnest Money Y N: No
  • Pertinent Facts: This 4 bedroom, 2 bath investor grade bi-level is ready to become your winter project! Sold in as-is, where-is condition, the upper level has a nice sized living room with hardwood floors, an eat-in kitchen, a full bath, and three bedrooms. In the partially exposed lower level you will find a large family room, the fourth bedroom, a second full bath and the laundry/utility area. The main floor is in better shape than the lower level, both will require extensive rehab. New roof on the house in 2019. Property is unlikely to qualify for traditional financing. Attached garage roof has collapsed and will require significant repair or removal of the garage structure. Seller prefers cash offers.
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 10x10, On Level: Upper
  • Basement: Finished, Partial Exposure
  • Bedroom 2: Dimensions: 10x9, On Level: Upper
  • Bedroom 3: Dimensions: 9x9, On Level: Upper
  • Bedroom 4: Dimensions: 11x10, On Level: Lower
  • Dining Room: No
  • Family Room: Yes, On Level: Lower, Dimensions: 20x10
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 10x12, On Level: Upper
  • Living Room: Yes, On Level: Upper, Dimensions: 12x10
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Aluminum
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Tax Info

  • Year: 2020
  • Taxes: 2526

MLS Schools

  • HighSchool: South Beloit Sr High
  • School District: South Beloit 320-Cnty of Winnebago
  • Middle School: South Beloit Jr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 21, 2021
Sold by
Brian Nupnau
Bought by
Figueroa Salvador and Figueroa Angelica
Seller's Agent
Otis Johnson
Re/Max Ignite
Buyer's Agent
Angelica Figueroa
Century 21 Affiliated
List Price
$35,000
Sold Price
$60,000
Premium/Discount to List
$25,000
71.43%
Current Estimated Value
$134,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,586
Avg. Annual Appreciation
22.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Figueroa Salvador $60,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $60,000 +71.4% $30 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $35,000 -- $18 / 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 $3,147 $41,626 $2,652 $38,974
2023 $2,798 $33,743 $2,150 $31,593
2022 $2,667 $30,827 $1,964 $28,863
2021 $2,578 $28,848 $1,838 $27,010
2020 $2,526 $27,932 $1,780 $26,152
Source: Public Records

Agents Affiliated with this Home

  • Otis Johnson

    Seller's Agent in 2021

    Otis Johnson

    RE/MAX

    (608) 931-8647

    8 in this area

    163 Total Sales

    Otis Johnson
    Section Image
  • Angelica Figueroa

    Buyer's Agent in 2021

    Angelica Figueroa

    Century 21 Affiliated

    (608) 931-2111

    11 in this area

    155 Total Sales

    Angelica Figueroa
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202107864

NorthWest Illinois Alliance of REALTORS®

APN: 04-07-256-035

Illinois Winnebago County South Beloit 61080

340 Springfield Ave, South Beloit, IL

Not Listed for Sale

Detached

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