NOT LISTED FOR SALE

403 W Spring St Freeport, IL 61032

Estimated Value: $61,000 - $233,000

-- Bed
4 Baths
1,500 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $7,000 $5 Per Sq Ft

Est. 1,771% increase in value since last sale

Current estimated payment $763/month

52 Days on Market

About This Home

As of September 2017

Triplex has 2 efficiency units on the 2nd floor. Main floor unit has 3 br and 2 full baths. Hardwood floors. Home is vacant and no income at this time. Located close to downtown. Sold As-is.

Last Agent to Sell the Property

KEVIN O'LEARY

Morgan Realty, Inc. License #471001328 Listed on: 06/26/2017

Last Buyer's Agent

Brian Borchardt

A-1 AGENCY License #471004534

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $848

Year Built

  • Built in 1900

Lot Details

  • 3,615

Home Design

  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$848

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 60
  • General Features: Porch Covered, Porch Screened
  • Grid: Freeport
  • Lvt Date: 06/26/2017
  • Rear: 60
  • Side 1: 60
  • Side 2: 60
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 3
  • Agent Only_ L A1 User Code: F_5994
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 1500
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Triplex has 2 efficiency units on the 2nd floor. Main floor unit has 3 br and 2 full baths. Hardwood floors. Home is vacant and no income at this time. Located close to downtown. Sold As-is.
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: UNK
  • Separate Electric: Yes
  • Separate Heat: No
  • Washer Dryer Hookups: Yes
  • L O1 Brokerage Number: 478015436
  • S O1 Brokerage Number: 478026897
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Partial
  • Price Per Sq Ft: 4.67
  • Basement: Yes

Exterior Features

  • Roof: Shingle

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Freeport 145
  • Elementary School: Freeport 145
  • Middle School: Freeport 145
  • High School: Freeport 145

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2016
  • Taxes: 50

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Sep 13, 2017
Sold by
Grazina Darguzis
Bought by
Kuhlemeier Steven P and Kuhlemeier Diana S
Seller's Agent
KEVIN O'LEARY
Morgan Realty, Inc.
Buyer's Agent
Brian Borchardt
A-1 AGENCY
List Price
$14,900
Sold Price
$7,000
Premium/Discount to List
-$7,900
-53.02%
Current Estimated Value
$131,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,000
Avg. Annual Appreciation
31.73%

Purchase Details

Closed on
Jan 30, 2007
Source: Public Records

Range of Values:

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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
Kuhlemeier Steven P $7,000 --
-- $46,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $7,000 -53.0% $5 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $14,900 -- $10 / 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 $848 $13,480 $550 $12,930
2023 $621 $8,214 $564 $7,650
2022 $1,020 $8,214 $564 $7,650
2021 $682 $5,991 $546 $5,445
2020 $700 $5,991 $546 $5,445
2019 $709 $5,772 $546 $5,226
2018 $742 $5,620 $546 $5,074
2017 $50 $5,513 $546 $4,967
2016 $50 $5,989 $546 $5,443
2015 $49 $6,216 $550 $5,666
2013 $46 $10,060 $580 $9,480
Source: Public Records

Agents Affiliated with this Home

  • KEVIN O'LEARY

    Seller's Agent in 2017

    KEVIN O'LEARY

    Morgan Realty, Inc.

    (815) 233-5994

    9 Total Sales

    KEVIN O'LEARY
    Section Image
  • Brian Borchardt

    Buyer's Agent in 2017

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    401 Total Sales

    Brian Borchardt
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 126127

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-187-005

Illinois Stephenson County Freeport 61032

403 W Spring St, Freeport, IL

This home is located at 403 W Spring St, Freeport, IL 61032 since 26 June 2017 and is currently estimated at $131,000, approximately $87 per square foot. This property was built in 1900. 403 W Spring St is a home located in Stephenson County with nearby schools including Freeport High School and Aquin Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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