NOT LISTED FOR SALE

403 W Spring St Freeport, IL 61032

Estimated Value: $64,000 - $97,000

Studio
4 Baths
1,500 Sq Ft
$52/Sq Ft Est. Value

Last Sold September 08, 2017

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

Est. 1,024% increase in value since last sale

Current estimated payment $483/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

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

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
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Partial
  • Basement: Yes

Exterior Features

  • Roof: Shingle

Utilities

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

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
$78,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,667
Avg. Annual Appreciation
33.56%

Purchase Details

Closed on
Jan 30, 2007
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
Kuhlemeier Steven P $7,000 --
-- $46,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    3 in this area

    11 Total Sales

    KEVIN O'LEARY
    Section Image
  • Brian Borchardt

    Buyer's Agent in 2017

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    235 in this area

    390 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

Not Listed for Sale

MultiFamily

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