NOT LISTED FOR SALE

343 E Grove St Galesburg, IL 61401

Estimated Value: $84,000 - $127,000

-- Bed
-- Bath
2,792 Sq Ft
$39/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $83,000 $30 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $805/month

5 Days on Market

About This Home

As of February 2023

Looking to start or grow your investment portfolio? This multi-unit income property is what you've been looking for. Delivering four apartments in total plus a basement. Unit 1 provides 2 bedrooms and 2 bathrooms with rare leaded glass, a dining room, a washer & dryer and a cozy fireplace. Unit 2 and unit 3 are both 1 bedroom and 1 bathroom and unit 4 offers 2 bedrooms and 1 bathroom. This 4 plex showcases off street parking, a beautiful common entryway, and plenty of living space. Don't let this outstanding revenue generating property get away! Call today to schedule your personal tour!

Last Agent to Sell the Property

Sara Varner

Platinum Key Real Estate, LLC License #471020643 Listed on: 01/24/2023

Last Buyer's Agent

Kimberly Arnold

Platinum Key Real Estate, LLC License #475195903

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,927

Year Built

  • Built in 1896

Lot Details

  • Lot Dimensions are 66 x 198
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,792 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Galesburg High School

Utilities

  • Window Unit Heating System

Community Details

  • Not Available Subdivision

Listing and Financial Details

  • Assessor Parcel Number 99-10-428-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,927

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1896
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 29.73
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4

Utilities

  • Heating: Window Unit(s)
  • Electric Expense: 1920
  • Water Sewer Expenses: 1440
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 1
  • NumberofWaterMeters: 1
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • LawnSnowRemoval: 1680

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Galesburg

Lot Info

  • Lot Size: 66 x 198
  • Parcel #: 99-10-428-016

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1926.74
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 26400
  • Annual Operating Expense: 9060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Feb 8, 2023
Sold by
Dunham Property Management Llc
Bought by
Lw Olson Llc
Seller's Agent
Sara Varner
Platinum Key Real Estate, LLC
Buyer's Agent
Kimberly Arnold
Platinum Key Real Estate, LLC
List Price
$88,000
Sold Price
$83,000
Premium/Discount to List
-$5,000
-5.68%
Views
108
Current Estimated Value
$108,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,731
Avg. Annual Appreciation
5.79%
Source: Public Records

Range of Values:

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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
Lw Olson Llc $83,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dunham Property Management Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $83,000 -5.7% $30 / Sq Ft
01/30/2023 01/30/23 For Sale $88,000 0.0% $32 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $88,000 +46.7% $32 / Sq Ft
12/03/2020 12/03/20 Sold $60,000 -9.8% $21 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $66,500 -16.8% $24 / Sq Ft
09/14/2020 09/14/20 For Sale $79,900 -- $29 / 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 $2,555 $27,540 $3,460 $24,080
2023 $2,555 $26,670 $3,350 $23,320
2022 $1,989 $20,990 $3,350 $17,640
2021 $1,927 $19,800 $3,160 $16,640
2020 $2,251 $22,760 $3,160 $19,600
2019 $2,225 $22,320 $3,100 $19,220
2018 $1,991 $20,040 $3,010 $17,030
2017 $1,949 $19,450 $2,920 $16,530
2015 -- $19,170 $2,880 $16,290
2013 $1,577 $15,990 $2,910 $13,080
Source: Public Records

Agents Affiliated with this Home

  • Sara Varner

    Seller's Agent in 2023

    Sara Varner

    Platinum Key Real Estate, LLC

    (309) 335-3573

    318 in this area

    545 Total Sales

    Sara Varner
    Section Image
  • Kimberly Arnold

    Buyer's Agent in 2023

    Kimberly Arnold

    Platinum Key Real Estate, LLC

    (309) 351-9817

    105 in this area

    133 Total Sales

    Kimberly Arnold
    Section Image

  • J

    Buyer's Agent in 2020

    Joshua Kilpatrick

    IN BETWEEN OFFICES

    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1020201

RMLS Alliance

APN: 99-10-428-016

Illinois Knox County Galesburg 61401

343 E Grove St, Galesburg, IL

This home is located at 343 E Grove St, Galesburg, IL 61401 since 24 January 2023 and is currently estimated at $108,731, approximately $38 per square foot. This property was built in 1896. 343 E Grove St is a home located in Knox County with nearby schools including Silas Willard Elementary School, Galesburg Junior Senior High School, and Galesburg 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.

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.

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