NOT LISTED FOR SALE

396 Knox Road 2000 N Galesburg, IL 61401

Estimated Value: $165,082

-- Bed
-- Bath
7,200 Sq Ft
$23/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $230,000 $32 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $1,185/month

About This Home

As of December 2019

Wonderfully remodeled large commercial office building with conference room, 4+ offices (over 2,000 sq.ft), reception area, kitchen area, men and women's restrooms and additional climate controlled storage rooms for files and office equipment. Just over 6,000 sq.ft. of insulated commercial warehouse space with large overhead doors for semi access. See supplement.

Last Agent to Sell the Property

Dena May St. George

CENTURY 21 Tucker Swanson License #471019596 Listed on: 12/12/2018

Last Buyer's Agent

Bradley Hix

CENTURY 21 Tucker Swanson License #475181764

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,778

Lot Details

  • 3

Utilities

  • Cooling Available
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$3,778

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Price Per Sq Ft: 31.94
  • Total Sq Ft: 7200
  • Total Building Sq Ft: 6000

Exterior Features

  • Exterior Finish: Other Exterior Finish
  • Frontage Access: Unpaved
  • Insulation: Unknown
  • Roof Construction: Other Roof Construction
  • Wall Construction: Other Wall Construction

Utilities

  • Cooling: Other Cooling
  • Heating: Gas

Lot Info

  • Estimated Number of Acres: 3
  • Zoning: Mixed
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 2
  • Sale Lease Includes: Building
  • Terms Lease: N/A

Tax Info

  • Parcel Id Number Tax Id: 052720012
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2024
Sold by
Cornelius Dev Corp
Bought by
Motorheads Auto Repair Llc
Current Estimated Value
$165,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,250
Interest Rate
5.87%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 12, 2018
Closed on
Dec 3, 2019
Sold by
Bond Properties Co Of Il Llc
Bought by
Cornelius Development Corp
Seller's Agent
Dena May St. George
CENTURY 21 Tucker Swanson
Buyer's Agent
Bradley Hix
CENTURY 21 Tucker Swanson
List Price
$295,000
Sold Price
$230,000
Premium/Discount to List
-$65,000
-22.03%
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
Motorheads Auto Repair Llc $150,000 Attorney Only
Cornelius Development Corp $225,000 Simplifile Lc E-Recording
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Motorheads Auto Repair Llc $105,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2019 12/09/19 Sold $230,000 -22.0% $32 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
12/12/2018 12/12/18 For Sale $295,000 -- $41 / 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 $3,778 $51,150 $6,460 $44,690
2023 $3,778 $47,930 $6,050 $41,880
2022 $3,297 $43,230 $5,460 $37,770
2021 $3,084 $40,030 $5,060 $34,970
2020 $3,179 $40,030 $5,060 $34,970
2019 $2,634 $32,880 $5,060 $27,820
2018 $2,618 $32,880 $5,060 $27,820
2017 $2,648 $32,880 $5,060 $27,820
2015 -- $32,230 $4,960 $27,270
2013 $2,340 $34,620 $5,330 $29,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA187706

RMLS Alliance

APN: 05-27-200-012