NOT LISTED FOR SALE

402 E Minnesota St Spring Valley, IL 61362

Estimated Value: $44,000 - $173,000

2 Beds
1 Bath
1,207 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $64,500 $53 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $557/month

36 Days on Market

Highlights

  • Community Lake
  • Ranch Style House
  • Community Pool
  • Property is near park
  • Corner Lot
  • Tennis Courts

About This Home

As of December 2018

Priced to sell! USDA Buyers welcome! Nice, neat and clean 2 bedroom home on a corner lot. Updated roof, bathroom, large heated, enclosed sun porch. Remodeled main level bath and laundry room, freshly painted. Sturdy steel siding, 2-car carport. Appliance package - stove, fridge, washer, dryer. Nice quiet location. Great starter home at an affordable price! Absolutely move in condition!

Last Agent to Sell the Property

Royce Mignone

Janko Realty & Development - Peru Listed on: 10/01/2018

Last Buyer's Agent

Bonnie Lester

Coldwell Banker Today's, Realtors

Coldwell Banker Today's, Realtors

Home Details

Home Type

  • Single Family

Year Renovated

  • 2005

Lot Details

  • 6,591 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Rubber Roof
  • Steel Siding

Interior Spaces

  • 1,207 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Additional Features

  • Enclosed Patio or Porch
  • Property is near park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Renovated

2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2005
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1207
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Porch
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch
  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Steel Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Carport
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Lake, Curbs, Street Lights
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.1513
  • Lot Dimensions: 50X130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 7, 2018
Sold by
Spring Maurer Deborah K and Spring Valley
Bought by
Gallagher Joshua M
Seller's Agent
Royce Mignone
Janko Realty & Development - Peru
Buyer's Agent
Bonnie Lester
Coldwell Banker Today's, Realtors
List Price
$68,500
Sold Price
$64,500
Premium/Discount to List
-$4,000
-5.84%
Current Estimated Value
$98,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,924
Avg. Annual Appreciation
6.18%
Original Mortgage
$61,275
Outstanding Balance
$53,985
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$44,439

Purchase Details

Closed on
Oct 22, 2010
Sold by
Parsons Lorraine
Bought by
Maurer Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,070
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2010
Sold by
Parsons William
Bought by
Parsons Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,070
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2010
Sold by
Mignone Janet L
Bought by
Parsons Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,070
Interest Rate
4.3%
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
Gallagher Joshua M -- None Available
Maurer Deborah K $60,000 None Available
Parsons Lorraine -- None Available
Parsons Lorraine -- None Available
Parsons Lorraine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Joshua M $61,275
Previous Owner Maurer Deborah K $62,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $64,500 -5.8% $53 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $68,500 -- $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 $517 $8,966 $3,074 $5,892
2023 $517 $8,408 $2,883 $5,525
2022 $542 $7,755 $2,659 $5,096
2021 $557 $7,320 $2,510 $4,810
2020 $557 $7,028 $2,410 $4,618
2019 $563 $6,876 $2,358 $4,518
2018 $0 $6,696 $2,296 $4,400
2017 -- $6,558 $2,249 $4,309
2016 -- $6,506 $2,231 $4,275
2015 -- $4,290 $0 $4,290
2014 -- $6,529 $2,239 $4,290
2013 -- $6,817 $2,338 $4,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10099087

Midwest Real Estate Data (MRED)

APN: 18-35-358-003