NOT LISTED FOR SALE

403 2nd Ave Marengo, IL 60152

Estimated Value: $146,000 - $206,576

2 Beds
1 Bath
1,134 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $160,000 $141 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,414/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Screened Patio
  • Wood Flooring
  • 1 Car Detached Garage
  • Living Room

About This Home

As of October 2024

Welcome to this charming 2-story home brimming with potential! This property offers a spacious 2-bedroom, 1-bath layout with a versatile loft that can easily be transformed into a home office, playroom, or additional bedroom. The large lot provides ample space for outdoor activities and future expansions. Imagine relaxing on the inviting screened-in porch, perfect for enjoying serene mornings or cozy evenings. The unfinished basement is a blank canvas, ready for your creative touch to turn it into a functional living space, game room, or personal retreat. While this home could use some TLC, its solid bones and prime features offer a fantastic opportunity to create your dream residence. Don't miss out on this chance to invest in a property with great potential. Schedule your showing today and envision the possibilities!

Last Agent to Sell the Property

Mazina Dominguez

Baird & Warner License #475206539 Listed on: 08/17/2024

Baird & Warner

Last Buyer's Agent

Mazina Dominguez

Baird & Warner License #475206539 Listed on: 08/17/2024

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,244

Lot Details

  • Lot Dimensions are 66.05 x 132
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,134 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Partial Basement
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Pergola

Schools

  • Locust Elementary School
  • Marengo High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,244

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1134
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Screened Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • OtherStructures: Pergola
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 5
  • Driveway: Asphalt,Concrete,Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Locust Elementary School
  • High School: Marengo High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66.05 X 132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4243.64
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2024
Closed on
Oct 2, 2024
Sold by
Gallardo David E
Bought by
Vaughn Derrick G and Vaughn Nancy M
Seller's Agent
Mazina Dominguez
Baird & Warner
Buyer's Agent
Mazina Dominguez
Baird & Warner
List Price
$160,000
Sold Price
$160,000
Views
42
Current Estimated Value
$211,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,594
Avg. Annual Appreciation
5.66%
Original Mortgage
$155,200
Outstanding Balance
$153,418
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$17,976
Source: Public Records
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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
Vaughn Derrick G $160,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Derrick G $155,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $160,000 0.0% $141 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
08/17/2024 08/17/24 For Sale $160,000 -- $141 / 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 $3,713 $56,925 $13,388 $43,537
2023 $4,244 $50,181 $11,802 $38,379
2022 $3,084 $45,380 $10,673 $34,707
2021 $2,797 $41,349 $9,725 $31,624
2020 $2,708 $39,350 $9,255 $30,095
2019 $2,813 $37,284 $8,769 $28,515
2018 $2,549 $34,923 $8,214 $26,709
2017 $2,962 $33,081 $7,781 $25,300
2016 $2,837 $30,908 $7,270 $23,638
2013 -- $30,241 $7,114 $23,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12138795

Midwest Real Estate Data (MRED)

APN: 11-25-362-001