NOT LISTED FOR SALE

40 Smith Ln South Beloit, IL 61080

Estimated Value: $167,000 - $219,000

3 Beds
2 Baths
1,869 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $135,000 $72 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,273/month

6 Days on Market

Highlights

  • Ranch Style House
  • Built-in Bookshelves
  • Dry Bar
  • Covered Patio or Porch
  • Brick or Stone Mason
  • Fire Pit

About This Home

As of October 2021

Beautifully maintained 3 Br ranch on almost 1/2 acre w/1.5 car attached garage & 2.5 car detached garage (built '09)! Freshly painted, some new carpet, new windows, roof '09, c/a '10, & well tank '14. Spacious LR w/WB fpl overlooks eat-in kit w/retro appliances & separate dining area, 2 Brs w/hdwd flrs, several built-ins, & huge LL rec-room w/bar (supposedly from an old ice cream parlor). Bath in LL needs work but does function. Sold as-is.

Last Agent to Sell the Property

Teresa Skridla

Century 21 Affiliated License #475156819 Listed on: 09/20/2021

Century 21 Affiliated

Last Buyer's Agent

Michelle Romano-Huber

DICKERSON & NIEMAN License #475142814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,714

Lot Details

  • 0.46 Acre Lot

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • Built-in Bookshelves
  • Dry Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Built-In Oven
  • Stove
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

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

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Storage Shed

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Gas Water Heater
  • Water Softener Leased

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,714

Lot Details

0

Listing Details

  • Interior Amenities: Bar-Dry, Book Cases Built In, Ceiling Fans/Remotes, Window Treatments
  • Road Frontage: City/Town, Hard Surface Road
  • Type: City/Town
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Refrigerator, Stove/Cooktop, Wall Oven, Water Softener Rented
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1246
  • Estimated Below Grade Finished Sq Ft: 623
  • Exemptions: Owner, Senior, Senior Freeze
  • Front: 100
  • General Features: L.L. Finished Space, Main Floor Master, Patio, Fire-Pit/Fireplace, Laundry Basement, Porch Covered, Storage Shed
  • Legal Description: Park View annex a sub in NE1/4 sec 7-46-2 Lot 004
  • Lot Acreage: 0.46
  • Lvt Date: 09/20/2021
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Rear: 100
  • Side 1: 200
  • Side 2: 200
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 10024
  • Egress: No
  • Elementary School: Clark Elementary
  • Estimated Total Finished Sq Ft: 1869
  • Garage Type Driveway: Asphalt, Attached, Detached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Beautifully maintained 3 Br ranch on almost 1/2 acre w/1.5 car attached garage & 2.5 car detached garage (built '09)! Freshly painted, some new carpet, new windows, roof '09, c/a '10, & well tank '14. Spacious LR w/WB fpl overlooks eat-in kit w/retro appliances & separate dining area, 2 Brs w/hdwd flrs, several built-ins, & huge LL rec-room w/bar (supposedly from an old ice cream parlor). Bath in LL needs work but does function. Sold as-is.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1246
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 14.2x11.2, On Level: Main
  • Fireplace Type: Wood
  • Basement: Finished
  • Bedroom 2: Dimensions: 12.11x10.11, On Level: Main
  • Bedroom 3: Dimensions: 11x10.2, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 12.2x8
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 13.4x9, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 20.6x12.2
  • Number Of Fireplaces: 1
  • Recreation Room: Yes, On Level: Lower, Dimensions: 37x14
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Hot Water/Steam
  • Sewer: City/Community
  • Water: Well
  • Water Heater: Gas

Tax Info

  • Year: 2020
  • Taxes: 1714

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
Sep 20, 2021
Closed on
Oct 8, 2021
Sold by
Martin Carla S
Bought by
Rak Properties Llc
Seller's Agent
Teresa Skridla
Century 21 Affiliated
Buyer's Agent
Michelle Romano-Huber
DICKERSON & NIEMAN
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Current Estimated Value
$190,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,415
Avg. Annual Appreciation
8.45%

Purchase Details

Closed on
Aug 16, 2001
Bought by
Martin Larry P and Martin Carla S
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
Rak Properties Llc $135,000 None Listed On Document
Martin Larry P $86,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $135,000 -6.9% $72 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $145,000 -- $78 / 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 $3,341 $44,195 $8,596 $35,599
2022 $3,114 $36,002 $7,003 $28,999
2021 $1,693 $33,690 $6,553 $27,137
2020 $1,714 $32,620 $6,345 $26,275
2019 $1,782 $31,423 $6,112 $25,311
2018 $2,303 $29,949 $5,825 $24,124
2017 $2,323 $28,706 $5,583 $23,123
2016 $2,267 $27,765 $5,400 $22,365
2015 $2,241 $27,131 $5,277 $21,854
2014 $2,769 $27,131 $5,277 $21,854
Source: Public Records

Agents Affiliated with this Home

  • Teresa Skridla

    Seller's Agent in 2021

    Teresa Skridla

    Century 21 Affiliated

    (815) 988-7636

    35 in this area

    235 Total Sales

    Teresa Skridla
    Section Image
  • Michelle Romano-Huber

    Buyer's Agent in 2021

    Michelle Romano-Huber

    DICKERSON & NIEMAN

    (815) 222-9276

    4 in this area

    122 Total Sales

    Michelle Romano-Huber
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202106087

NorthWest Illinois Alliance of REALTORS®

APN: 04-07-278-004

Illinois Winnebago County South Beloit 61080

40 Smith Ln, South Beloit, IL

Not Listed for Sale

Detached

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