NOT LISTED FOR SALE

424 S Elida St Winnebago, IL 61088

Estimated Value: $118,618 - $159,000

3 Beds
2 Baths
2,118 Sq Ft
$64/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $72,500 $34 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $963/month

12 Days on Market

Highlights

  • Deck
  • Wheelchair Access
  • 4-minute walk to Winnebago Park District
  • Storage
  • Hot Water Heating System

About This Home

As of April 2020

Winnebago Schools! Opportunity knocks! Payments cheaper than rent! 2100+ SF, 2 story home, zoned Dist 2. 2 family residential conforming which makes it a great live-in investment opportunity. Let the tenant pay the mortgage! Located on corner lot close to schools, restaurants, park, bike path. Main lever apt: LR 15x11.4, kit 24.7x15.10, BR 11.6x11.2, laundry all appliances with washer/dryer. Upper apt: LR 17x12 with peagged oak flooring, kit 11.8x10, 3 season 15.10x7.4, BR 14.5x11.4 with hardwood floors, 2nd BR 11.6x10, office 11.6x5.1 Very light and bright home! Seller pays heat and water. Separate electric. Lower level with great storage, 2 entrances. Updates: roof shingles house and garage, siding 2016. 2 car garage. 2019 utilities: Nicor $1,221, water & garbage $798, sewer $413. Seeing is believing.

Last Agent to Sell the Property

Virginia Meyer

Gambino Realtors License #475083271 Listed on: 02/26/2020

Gambino Realtors

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

  • $3,690

Year Built

  • Built in 1900

Lot Details

  • 10,280

Parking

  • 6 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Storage

Kitchen

  • Stove
  • Disposal

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Dorothy Simon Elementary School
  • Winnebago Middle School
  • Winnebago High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Wheelchair Access
  • Deck

Community Details

Overview

  • 2 Units
  • 3-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,690

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Disposal, Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2118
  • Front: 66
  • General Features: Deck, Laundry in Building, Laundry in Unit, Storage Area, Wheel Chair Acc.
  • Grid: 28
  • Legal Description: Robertsons Addn Lot 005 Block 024
  • Lvt Date: 02/26/2020
  • Rear: 66
  • Side 1: 156.09
  • Side 2: 156.09
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 100,090
  • Annual Insurance Expense: 884
  • Number Of Floors In Bldg: 3
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 16200
  • Utilities Yr: 2432
  • Agent Only_ L A1 User Code: 1617
  • Elementary School: Dorothy Simon Elementary
  • Pertinent Facts: Winnebago Schools! Opportunity knocks! Payments cheaper than rent! 2100+ SF, 2 story home, zoned Dist 2. 2 family residential conforming which makes it a great live-in investment opportunity. Let the tenant pay the mortgage! Located on corner lot close to schools, restaurants, park, bike path. Main lever apt: LR 15x11.4, kit 24.7x15.10, BR 11.6x11.2, laundry all appliances with washer/dryer. Upper apt: LR 17x12 with peagged oak flooring, kit 11.8x10, 3 season 15.10x7.4, BR 14.5x11.4 with hardwood floors, 2nd BR 11.6x10, office 11.6x5.1 Very light and bright home! Seller pays heat and water. Separate electric. Lower level with great storage, 2 entrances. Updates: roof shingles house and garage, siding 2016. 2 car garage. 2019 utilities: Nicor $1,221, water & garbage $798, sewer $413. Seeing is believing.
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 478026891
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 6

Utilities

  • Heating: Hot Water/Steam, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Electric

Schools

  • School District: Winnebago 323
  • Elementary School: Dorothy Simon Elementary
  • Middle School: Winnebago Middle
  • High School: Winnebago High

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2018
  • Taxes: 3690

MLS Schools

  • HighSchool: Winnebago High
  • School District: Winnebago 323
  • Middle School: Winnebago Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Apr 30, 2020
Sold by
Lynn Gale Coots Revocable Trust
Bought by
Melancen Matthew D and Melancen Margaret
Seller's Agent
Virginia Meyer
Gambino Realtors
Buyer's Agent
Rebecca Hazzard
Re/Max of Rock Valley
List Price
$84,900
Sold Price
$72,500
Premium/Discount to List
-$12,400
-14.61%
Current Estimated Value
$136,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,905
Avg. Annual Appreciation
11.13%
Original Mortgage
$54,375
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2018
Sold by
Gale Coots Lynn
Bought by
Lynn Gale Coots Revocable Trus
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
Melancen Matthew D $72,500 Schirger Kirk Mcdougall & Winz
Lynn Gale Coots Revocable Trus -- Schirger Kirk Mcdougall & Winz
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melancen Matthew D $78,250
Closed Melancen Matthew D $54,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $72,500 -14.6% $34 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $84,900 -- $40 / 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 $2,705 $30,061 $5,068 $24,993
2023 $2,652 $27,627 $4,658 $22,969
2022 $2,563 $25,391 $4,324 $21,067
2021 $2,487 $24,164 $4,115 $20,049
2020 $3,871 $35,996 $3,940 $32,056
2019 $3,723 $34,535 $3,780 $30,755
2018 $3,645 $33,360 $3,651 $29,709
2017 $3,437 $31,997 $3,502 $28,495
2016 $3,579 $31,342 $3,430 $27,912
2015 $3,600 $31,342 $3,430 $27,912
2014 $3,470 $32,255 $3,530 $28,725
Source: Public Records

Agents Affiliated with this Home

  • Virginia Meyer

    Seller's Agent in 2020

    Virginia Meyer

    Gambino Realtors

    (815) 637-0139

    7 in this area

    148 Total Sales

    Virginia Meyer
    Section Image
  • Rebecca Hazzard

    Buyer's Agent in 2020

    Rebecca Hazzard

    RE/MAX

    (815) 509-8432

    12 in this area

    465 Total Sales

    Rebecca Hazzard
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202000950

NorthWest Illinois Alliance of REALTORS®

APN: 14-09-357-005

Illinois Winnebago County Winnebago 61088

424 S Elida St, Winnebago, IL

This home is located at 424 S Elida St, Winnebago, IL 61088 since 26 February 2020 and is currently estimated at $136,405, approximately $64 per square foot. This property was built in 1900. 424 S Elida St is a home located in Winnebago County with nearby schools including Dorothy Simon Elementary School, Jean McNair Elementary School, and Winnebago Middle 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.

NorthWest Illinois Alliance of REALTORS® 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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