NOT LISTED FOR SALE

404 E Locust St Belvidere, IL 61008

Estimated Value: $139,000 - $170,000

4 Beds
2 Baths
1,320 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $66,500 $50 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,136/month

18 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of October 2019

INVESTORS DELIGHT! LOWER UNIT - LR, KIT, DRM, 3 BR, ENP. LONGTERM TENANTS WOULD LIKE TO STAY. UPPER UNIT - LR, KIT, BR BTH VACANT CURRENTLY RENTED FOR $450. 2 CAR GAR. OFF CASWELL ST. NOT INCLUDED IN RENTS. POTENTIAL FOR EVEN MORE INCOME. 2 STOVES, 2 REFRIGERATORS, 2 WATER HEATERS, 1 FURNACE (AP 7 YRS OLD). MTOM LEASE OWNER. OWNER PAYS W/S, 1/2 GARBAGE, 1/2 HEAT, ELECTRIC FOR UPPER UNIT AND GARAGE SOLD "AS IS." HSA WARRANTY INCLUDED. INSURANCE - $867 YEARLY, WATER/SEWER - $449 YEARLY, GARBAGE - 136 YEARLY, NICOR - 444 YEARLY, COMED - $817 YEARLY.

Last Agent to Sell the Property

Kimberly Cooley

Berkshire Hathaway HomeServices Starck Real Estate License #471000956 Listed on: 09/03/2019

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Michael Grismer

Homeland Properties License #475140163

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,206

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44 x 132
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Lincoln Elementary School
  • Belvidere South Middle School
  • Belvidere High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,206

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Block, Stone
  • List Price: 80000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Belvidere High School
  • Middle/Junior School: Belvidere South Middle School
  • Middle/Junior School District: 100

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 44 X 132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 11
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2206.42
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Oct 24, 2019
Sold by
Guadalupe Flores
Bought by
Ringwood Hldgs Ll-Residential
Seller's Agent
Kimberly Cooley
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Michael Grismer
Homeland Properties
List Price
$80,000
Sold Price
$66,500
Premium/Discount to List
-$13,500
-16.88%
Current Estimated Value
$159,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,833
Avg. Annual Appreciation
15.62%

Purchase Details

Closed on
Jan 26, 2004
Bought by
Flores Guadalupe
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
Ringwood Hldgs Ll-Residential $66,000 Nlt
Flores Guadalupe -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2019 10/24/19 Sold $66,500 -16.9% $50 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $80,000 -- $61 / 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 $3,594 $41,581 $2,221 $39,360
2023 $3,594 $34,234 $3,417 $30,817
2022 $3,052 $31,508 $3,417 $28,091
2021 $2,325 $23,954 $3,417 $20,537
2020 $2,239 $21,714 $3,630 $18,084
2019 $2,156 $31,319 $14,521 $16,798
2018 $2,206 $75,549 $59,193 $16,356
2017 $2,144 $20,150 $3,690 $16,460
2016 $2,183 $19,676 $3,630 $16,046
2015 $1,080 $18,936 $4,538 $14,398
2014 $808 $22,546 $5,339 $17,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10505627

Midwest Real Estate Data (MRED)

APN: 05-25-305-006