NOT LISTED FOR SALE

401 E Minnesota St Spring Valley, IL 61362

Estimated Value: $63,000 - $86,000

3 Beds
1 Bath
1,050 Sq Ft
$74/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $62,500 $60 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $504/month

4 Days on Market

Highlights

  • Cottage
  • Laundry Room
  • Dining Room
  • Living Room
  • 1-Story Property
  • 4 Car Garage

About This Home

As of December 2024

Good starter or rental home with a large garage.

Last Agent to Sell the Property

Marty Fiocchi

Executive Realty Group LLC License #475126627 Listed on: 11/15/2024

Executive Realty Group LLC

Last Buyer's Agent

Nancy Munoz

RE/MAX 1st Choice

RE/MAX 1st Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1905

Lot Details

  • 6,490

Parking

  • 4 Car Garage
  • Parking Included in Price

Home Design

  • Cottage

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Hall High School

Additional Features

  • Lot Dimensions are 50x130
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cottage
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1050
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • OtherStructures: Garage(s)
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Hall High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X130
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1153.58
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Dec 10, 2024
Sold by
Spayer Jason
Bought by
Salgado Dennis and Rubi Felix
Seller's Agent
Marty Fiocchi
Executive Realty Group LLC
Buyer's Agent
Nancy Munoz
RE/MAX 1st Choice
List Price
$59,500
Sold Price
$62,500
Premium/Discount to List
$3,000
5.04%
Views
11
Current Estimated Value
$77,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,469
Avg. Annual Appreciation
24.75%

Purchase Details

Closed on
Mar 6, 2023
Sold by
Spayer Jason J
Bought by
Mussatto Anita

Purchase Details

Closed on
Feb 18, 2013
Sold by
Spayer Jason
Bought by
Spayer James J

Purchase Details

Closed on
May 4, 2007
Sold by
Spayer James J
Bought by
Spayer James J and Burden Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Salgado Dennis $62,500 None Listed On Document
Mussatto Anita -- --
Spayer James J -- None Available
Spayer James J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spayer James J $63,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $62,500 +5.0% $60 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $59,500 -- $57 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,154 $17,507 $3,074 $14,433
2023 $1,154 $16,417 $2,883 $13,534
2022 $1,061 $15,143 $2,659 $12,484
2021 $990 $14,294 $2,510 $11,784
2020 $895 $13,723 $2,410 $11,313
2019 $895 $13,426 $2,358 $11,068
2018 $854 $13,075 $2,296 $10,779
2017 $826 $12,805 $2,249 $10,556
2016 $830 $12,704 $2,231 $10,473
2015 -- $10,509 $0 $10,509
2014 -- $12,748 $2,239 $10,509
2013 -- $13,310 $2,338 $10,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12211214

Midwest Real Estate Data (MRED)

APN: 18-35-362-001