NOT LISTED FOR SALE

420 1st St W Milan, IL 61264

Estimated Value: $142,491

-- Bed
-- Bath
1,611 Sq Ft
$88/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $117,000 $73 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $901/month

About This Home

As of October 2021

A fabulous, freestanding building with plenty of space for any retail/office business located in Milan. You'll find hardwood flooring throughout the lobby. There's a large equipment room with tile flooring overlooking the lobby and a huge storage room for all your overflow stock. Time to get your business dreams up and running!

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 04/16/2021

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 04/16/2021

RE/MAX Concepts Bettendorf

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,120

Year Built

  • Built in 1970

Lot Details

  • 7,405

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$4,120

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Lvt Date: 04/16/2021
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl, Wood
  • Other Access: None
  • Total Building Sq Ft: 1700
  • Estimated Lot Sq Ft: 48x152

Exterior Features

  • Exterior Finish: Block, Vinyl
  • Frontage Access: City Street, Paved 4Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Wood/Shingle/Shake
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 21

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: City Available

Lot Info

  • Estimated Number of Acres: 0.17
  • Zoning: Commercial
  • Estimated Land Size: .17
  • Geo Subdivision: IL

Rental Info

  • Owner Pays: All
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 4119.76
  • Parcel Id Number Tax Id: 16-23-406-031
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Oct 20, 2021
Sold by
Nau Stephen C and Nau Jean A
Bought by
Milan License & Title Llc
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
List Price
$140,000
Sold Price
$117,000
Premium/Discount to List
-$23,000
-16.43%
Current Estimated Value
$142,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,491
Avg. Annual Appreciation
5.13%
Original Mortgage
$93,600
Outstanding Balance
$21,998
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$120,493

Purchase Details

Closed on
Nov 1, 2004
Source: Public Records

Range of Values:

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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
Milan License & Title Llc $117,000 Milan License & Title Llc
-- $110,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milan License & Title Llc $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $117,000 -16.4% $73 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $140,000 -- $87 / 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 $4,691 $50,897 $12,000 $38,897
2023 $4,691 $47,567 $11,215 $36,352
2022 $4,220 $43,881 $10,346 $33,535
2021 $4,193 $41,554 $9,797 $31,757
2020 $4,108 $40,501 $9,549 $30,952
2019 $4,006 $40,100 $9,454 $30,646
2018 $4,006 $39,625 $9,342 $30,283
2017 $3,658 $38,886 $9,168 $29,718
2016 $3,571 $38,692 $9,122 $29,570
2015 $3,579 $38,488 $9,074 $29,414
2014 $805 $37,660 $8,879 $28,781
2013 $805 $37,660 $8,879 $28,781
Source: Public Records

Agents Affiliated with this Home

  • Richard Bassford

    Seller's Agent in 2021

    Richard Bassford

    RE/MAX

    (309) 292-3681

    13 in this area

    1,616 Total Sales

    Richard Bassford
    Section Image
  • Jaclyn Mayse

    Buyer Co-Listing Agent in 2021

    Jaclyn Mayse

    eXp Realty

    (309) 721-5271

    3 in this area

    274 Total Sales

    Jaclyn Mayse
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4220615

RMLS Alliance

APN: 16-23-406-031

Illinois Rock Island County Milan 61264

420 1st St W, Milan, IL

This home is located at 420 1st St W, Milan, IL 61264 since 16 April 2021 and is currently estimated at $142,491, approximately $88 per square foot. This property was built in 1970. 420 1st St W is a home located in Rock Island County with nearby schools including Ridgewood Elementary School, Edison Jr High School, and Rock Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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