NOT LISTED FOR SALE

408 Jefferson St Hanover, IL 61041

Estimated Value: $48,000 - $114,000

2 Beds
1 Bath
899 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $17,500 $19 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $514/month

139 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Forced Air Heating System
  • 1-minute walk to Hanover Township Park District
  • River Ridge Middle School Rated 10

About This Home

As of August 2017

REQUIREMENTS: Days in MLS – 1 through 20 – open to owner occupancy buyers used as their primary residences ONLY – 21 days and after open to all buyers. FMFL This property is eligible under the Freddie Mac First Look Initiative through 4-5-17. Investor offers would be eligible for review and acceptance on 4-6-17. Property sold "As Is" – NO WARRANTIES. All offers presented to listing agent must have the buyers sign the Freddie Mac Addendum to Contract - copies of all forms in Associated Documents in MLS, 19 pages. Also, all offers must have a letter of pre-qualification from a bank. Cash offers need letter from bank with proof of funds to close. Property must be in the MLS for 48 hours before any offers will be considered by Seller. If multiple offers come in, buyer will have to sign form giving highest and best offer. Smaller 2 bedroom, 1 bath, 1.5 story home with nice size living room, dining rom and an eat-in kitchen. Main floor laundry. Just recently had all new carpet throughout the home.

Co-Listed By

ADAM WERHANE

PAT BROWN REALTY License #471020306

Last Buyer's Agent

WILLIAM SCHEIDER

PAT BROWN REALTY License #475135419

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $720

Year Built

  • Built in 1919

Lot Details

  • 3,920

Home Design

  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Partial Basement
  • Laundry on main level

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Schools

  • River Ridge Elementary And Middle School
  • River Ridge High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • 3,920 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$720

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Road Frontage: City/Town
  • Type: Other
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Microwave, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 683
  • Front: 40
  • General Features: Laundry 1st Floor, Porch Covered, Porch Enclosed
  • Grid: Jo Daviess County
  • Lot Acreage: 0.09
  • Lvt Date: 03/17/2017
  • Rear: 40
  • Side 1: 100
  • Side 2: 100
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_45
  • Egress: No
  • Elementary School: River Ridge
  • Estimated Total Finished Sq Ft: 899
  • Estimated Upper Sq Ft: 216
  • Garage Type Driveway: None, Other
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: REQUIREMENTS: Days in MLS – 1 through 20 – open to owner occupancy buyers used as their primary residences ONLY – 21 days and after open to all buyers. FMFL This property is eligible under the Freddie Mac First Look Initiative through 4-5-17. Investor offers would be eligible for review and acceptance on 4-6-17. Property sold "As Is" – NO WARRANTIES. All offers presented to listing agent must have the buyers sign the Freddie Mac Addendum to Contract - copies of all forms in Associated Documents in MLS, 19 pages. Also, all offers must have a letter of pre-qualification from a bank. Cash offers need letter from bank with proof of funds to close. Property must be in the MLS for 48 hours before any offers will be considered by Seller. If multiple offers come in, buyer will have to sign form giving highest and best offer. Smaller 2 bedroom, 1 bath, 1.5 story home with nice size living room, dining rom and an eat-in kitchen. Main floor laundry. Just recently had all new carpet throughout the home.
  • Rental License: No
  • Designated Managing Broker Y N: Yes
  • L O1 Brokerage Number: 481013203
  • L O2 Brokerage Number: 481013203
  • S O1 Brokerage Number: 481013203
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Basement Type: Partial
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Dining Room: On Level: Main
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Price Per Sq Ft: 19.47
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Aluminum
  • Roof: Shingle

Utilities

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

Schools

  • School District: River Ridge
  • Elementary School: River Ridge
  • Middle School: River Ridge
  • High School: River Ridge
  • Elementary School #2: River Ridge

Building Info

  • Year Built: 1919

Tax Info

  • Year: 2016
  • Taxes: 720

MLS Schools

  • HighSchool: River Ridge
  • School District: River Ridge
  • Middle School: River Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Aug 23, 2017
Sold by
Federal Hm Ln Mtg Corp
Bought by
Sweetman Carl B and Sweetman Cheryl S
Buyer's Agent
WILLIAM SCHEIDER
PAT BROWN REALTY
List Price
$44,900
Sold Price
$17,500
Premium/Discount to List
-$27,400
-61.02%
Current Estimated Value
$76,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,860
Avg. Annual Appreciation
17.51%
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
Sweetman Carl B $17,500 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $17,500 -61.0% $19 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $44,900 -- $50 / 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 $1,318 $16,039 $659 $15,380
2023 $1,249 $13,849 $569 $13,280
2022 $1,249 $13,849 $569 $13,280
2021 $1,406 $13,837 $970 $12,867
2020 $1,362 $12,937 $907 $12,030
2019 $1,339 $12,937 $907 $12,030
2018 $1,307 $12,937 $907 $12,030
2017 $1,298 $13,290 $1,050 $12,240
2016 $720 $13,290 $1,050 $12,240
2015 $719 $13,290 $1,050 $12,240
2014 $686 $13,338 $1,050 $12,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 119260

NorthWest Illinois Alliance of REALTORS®

APN: 09-001-085-00