NOT LISTED FOR SALE

407 N 4th St Oregon, IL 61061

Estimated Value: $160,000 - $199,000

4 Beds
2 Baths
1,522 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $115,000 $76 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,371/month

About This Home

As of May 2021

Income Alert! 2 family home with tenants in place. Both units recently updated, each consisting of 2 bedrooms and 1 bath with a large back yard. Don't miss this great opportunity!

Last Agent to Sell the Property

Stephanie Wendt

Re/Max of Rock Valley License #475146602 Listed on: 12/04/2020

Re/Max of Rock Valley

Last Buyer's Agent

Rebecca Hazzard

Re/Max of Rock Valley License #471019445

Re/Max of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,602

Lot Details

  • 8,712

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,522 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Schools

  • Oregon Elementary School
  • Oregon Middle School
  • Oregon High School

Utilities

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

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,602

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1522
  • Front: 66
  • Grid: O5
  • Legal Description: Per Title
  • Lvt Date: 12/04/2020
  • Rear: 66
  • Side 1: 132
  • Side 2: 132
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 13779
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 13800
  • Agent Only_ L A1 User Code: 5719
  • Elementary School: Oregon Elementary
  • Pertinent Facts: Income Alert! 2 family home with tenants in place. Both units recently updated, each consisting of 2 bedrooms and 1 bath with a large back yard. Don't miss this great opportunity!
  • L O1 Brokerage Number: 478026891
  • S O1 Brokerage Number: 478026891
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Oregon 220
  • Elementary School: Oregon Elementary
  • Middle School: Oregon
  • High School: Oregon High

Tax Info

  • Year: 2019
  • Taxes: 2602

MLS Schools

  • HighSchool: Oregon High
  • School District: Oregon 220
  • Middle School: Oregon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
May 28, 2021
Sold by
Dlmj Investments Llc
Bought by
Chavez Matt
Seller's Agent
Stephanie Wendt
Re/Max of Rock Valley
Buyer's Agent
Rebecca Hazzard
Re/Max of Rock Valley
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Current Estimated Value
$182,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,799
Avg. Annual Appreciation
11.27%
Original Mortgage
$92,000
Outstanding Balance
$83,295
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$99,504

Purchase Details

Listed on
Jul 29, 2019
Closed on
Oct 2, 2019
Sold by
Adam A Coleman Private Trust
Bought by
Dlmj Investments Llc
Seller's Agent
Alissa Roy
Keller Williams Inspire - Geneva
Buyer's Agent
Alissa Roy
Keller Williams Inspire - Geneva
List Price
$59,900
Sold Price
$34,000
Premium/Discount to List
-$25,900
-43.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.29%

Purchase Details

Closed on
Jan 26, 2007
Sold by
Kuehl William R
Bought by
Coleman Richard and Adam A Coleman Private Trust

Purchase Details

Closed on
Oct 26, 2006
Sold by
Alfano Pete
Bought by
Kuehl William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Chavez Matt $112,000 None Available
Dlmj Investments Llc $34,000 None Available
Coleman Richard $87,000 None Available
Kuehl William R $47,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Matt $92,000
Previous Owner Kuehl William R $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $115,000 -4.1% $76 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $119,900 +252.6% $79 / Sq Ft
10/02/2019 10/02/19 Sold $34,000 -43.2% -- View Prior Sale
09/23/2019 09/23/19 Pending -- -- --
07/28/2019 07/28/19 For Sale $59,900 -- --
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 $4,779 $47,581 $6,985 $40,596
2023 $4,243 $42,569 $6,221 $36,348
2022 $4,063 $39,401 $5,758 $33,643
2021 $3,833 $36,765 $5,373 $31,392
2020 $1,455 $13,779 $5,135 $8,644
2019 $2,602 $24,777 $5,339 $19,438
2018 $2,472 $23,710 $5,109 $18,601
2017 $2,462 $23,710 $5,109 $18,601
2016 $2,355 $22,879 $4,930 $17,949
2015 $2,318 $23,685 $5,104 $18,581
2014 $2,329 $23,685 $5,104 $18,581
2013 $2,314 $24,864 $5,358 $19,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202006870

NorthWest Illinois Alliance of REALTORS®

APN: 16-03-114-003