NOT LISTED FOR SALE

417 E Orange St Geneseo, IL 61254

Estimated Value: $245,000

5 Beds
4 Baths
2,703 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $145,000 $54 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,605/month

45 Days on Market

About This Home

As of June 2017

5 unit building, fully leased, near downtown Geneseo. Long time owner says it's been a consistent, low maintenance, money maker. 5 separate furnaces, separate meters, appliances included. Laundry hook ups in basement. Units have some character and rent fast!

Last Agent to Sell the Property

Richard Holman

Ruhl&Ruhl REALTORS Moline License #475.174672 Listed on: 03/20/2017

Ruhl&Ruhl REALTORS Moline

Last Buyer's Agent

Richard Mcclintock

Epique Realty License #S65382000/475.175050

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1919

Lot Details

  • 9,148

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Geneseo Elementary School
  • Geneseo High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,512

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Lt 6 & Vac Alley N & Adj Blk 2 Allens Add
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 53.64
  • Total Sq Ft: 2703

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: Forced Air, Gas, Water Heater - Gas, Window Units
  • Garbage Collection Exp: 540
  • Gas Expense: 360
  • Laundry Facilities: Common, No Laundry Equipment

Schools

  • Elementary School: Geneseo Elem
  • High School: Geneseo High School

Lot Info

  • Estimated Lot Size: 65x129
  • Lot Description: Corner
  • Subdivision: Allen
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 26400
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 2512.28
  • Parcel Id Number Tax Id: 0816458008

Multi Family

  • Total Number Units: 5
  • Gross Annual Income: 26400
  • Total Number Electric Meters: 6
  • Total Number Gas Meters: 6
  • Total Number Heating Units: 5
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 6

MLS Schools

  • Middle School: Geneseo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Alpha Assets Llc
Bought by
Cif001a Llc
Current Estimated Value
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,600
Outstanding Balance
$105,147
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jun 14, 2017
Sold by
Nelson John W and Nelson Eyvonne E
Bought by
Alpha Assets Llc
Seller's Agent
Richard Holman
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Richard Mcclintock
Epique Realty
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.25%
Mortgage Type
Commercial
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
Cif001a Llc $133,500 Gomez May Llp
Alpha Assets Llc $145,000 Western Illinois Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cif001a Llc $251,600
Previous Owner Alpha Assets Llc $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $145,000 -9.4% $54 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $160,000 -- $59 / Sq Ft
Source: RMLS Alliance

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 $3,896 $47,937 $2,857 $45,080
2023 $3,802 $47,937 $2,857 $45,080
2022 $3,896 $47,937 $2,857 $45,080
2021 $3,916 $47,937 $2,857 $45,080
2020 $3,776 $46,882 $2,794 $44,088
2019 $3,783 $47,937 $2,857 $45,080
2018 $3,797 $47,937 $2,857 $45,080
2017 $2,887 $37,779 $2,857 $34,922
2016 $2,644 $32,315 $2,721 $29,594
2015 $2,450 $32,315 $2,721 $29,594
2013 $2,450 $32,315 $2,721 $29,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4180696

RMLS Alliance

APN: 08-16-458-008