NOT LISTED FOR SALE

42 N Mernitz Ave Freeport, IL 61032

Estimated Value: $83,000 - $126,000

2 Beds
2.5 Baths
1,234 Sq Ft
$92/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $27,000 $22 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $845/month

76 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of December 2017

***SELLER WILL NOT COMPLETE ANY REPAIRS TO THE SUBJECT PROPERTY, EITHER LENDER OR BUYER REQUESTED. THE PROPERTY IS SOLD IN "AS-IN" CONDITION.*** 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 9/24/17. Investor offers would be eligible for review and acceptance on 9/25/17. 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, 20 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. Home is located near the hospital. 2 bedrooms, 2.5 baths. Please see Private Remarks for current promotions and closing date requirements, etc.

Co-Listed By

ADAM WERHANE

PAT BROWN REALTY License #471020306

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 8,276

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Garage
  • Driveway

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 8,276 Sq Ft Lot

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Road Frontage: City/Town
  • Type: Other
  • Electric: Circuit Breaker
  • Additional Room 6: U-Spare Rm
  • Additional Room 7: M-Front Po
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1015
  • Front: 60
  • General Features: Laundry Basement, Porch Covered
  • Grid: Freeport
  • Lot Acreage: 0.19
  • Lvt Date: 09/05/2017
  • Rear: 60
  • Side 1: 140
  • Side 2: 140
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_45
  • Egress: No
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 1234
  • Estimated Upper Sq Ft: 219
  • Garage Type Driveway: Detached, Other
  • Pertinent Facts: ***SELLER WILL NOT COMPLETE ANY REPAIRS TO THE SUBJECT PROPERTY, EITHER LENDER OR BUYER REQUESTED. THE PROPERTY IS SOLD IN "AS-IN" CONDITION.*** 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 9/24/17. Investor offers would be eligible for review and acceptance on 9/25/17. 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, 20 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. Home is located near the hospital. 2 bedrooms, 2.5 baths. Please see Private Remarks for current promotions and closing date requirements, etc.
  • Designated Managing Broker Y N: Yes
  • L O1 Brokerage Number: 481013203
  • L O2 Brokerage Number: 481013203
  • S O1 Brokerage Number: 481000348
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Dining Room: On Level: Main
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Price Per Sq Ft: 21.88
  • Total Bathrooms: 2.5
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

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

Schools

  • School District: Freeport 145
  • Elementary School: Freeport 145
  • Middle School: Freeport 145
  • High School: Freeport 145
  • Elementary School #2: Freeport 145

Building Info

  • Year Built: 1917

Tax Info

  • Year: 2016
  • Taxes: 1763

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
Aug 31, 2017
Closed on
Dec 20, 2017
Sold by
Federal Home Loan Mortgage Cor
Bought by
T & L Preservation Service Llc
List Price
$39,900
Sold Price
$27,000
Premium/Discount to List
-$12,900
-32.33%
Current Estimated Value
$114,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,051
Avg. Annual Appreciation
20.26%

Purchase Details

Closed on
Dec 8, 2006
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
T & L Preservation Service Llc $27,000 --
-- $67,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2017 12/14/17 Sold $27,000 -32.3% $22 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $39,900 -- $32 / 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 $2,861 $31,451 $3,332 $28,119
2023 $2,448 $24,702 $3,439 $21,263
2022 $2,321 $24,702 $3,439 $21,263
2021 $2,662 $20,333 $3,332 $17,001
2020 $1,865 $20,333 $3,332 $17,001
2019 $1,225 $15,290 $3,332 $11,958
2018 $750 $9,122 $3,332 $5,790
2017 $750 $9,000 $3,332 $5,668
2016 $1,763 $19,498 $3,332 $16,166
2015 $1,574 $18,220 $3,335 $14,885
2013 $1,581 $19,217 $3,518 $15,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 120237

NorthWest Illinois Alliance of REALTORS®

APN: 18-13-36-177-023