NOT LISTED FOR SALE

487 Locust St Galesburg, IL 61401

Estimated Value: $68,000 - $92,028

3 Beds
1 Bath
1,232 Sq Ft
$64/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $57,900 $47 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $559/month

18 Days on Market

About This Home

As of March 2020

Affordable Living with your 3 Bedroom, 1.5 Bath Home featuring covered front and side porches, fenced yard for pets, 2-car garage, and close to schools. Amenities include living and dining rooms, eat-in kitchen including appliances, main level bedroom, plus half bathroom. 2nd level provides 2 bedrooms and full bathroom. Basement allows for plenty of space for storage, hobbies, and laundry with washing machine and clothes dryer provided. Low maintenance vinyl exterior, 2-car garage, asphalt driveway, and fenced yard. Conveniently located to schools, shopping, and restaurants.

Last Agent to Sell the Property

Thomas Knapp

RE/MAX Preferred Properties License #471003323 Listed on: 02/01/2020

Last Buyer's Agent

Janet Rosecrans

Jim Maloof Realty, Inc. License #475123470

Jim Maloof Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $271

Year Built

  • Built in 1906

Lot Details

  • 5,227

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property
  • Sump Pump

Kitchen

  • Oven or Range
  • Range Hood

Laundry

  • Dryer
  • Washer

Schools

  • King Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$271

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: GRUBB'S LOMBARD UNIVERSITY ADDN LOT 62
  • Lvt Date: 02/02/2020
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Hood/Fan, Refrigerator, Range/Oven, Washer
  • Fireplace: Inoperable
  • Number Fireplaces: 1
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 11.05x11.04, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Brick, Unfinished
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 12x11.04, On Level: Upper, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12x11.04, On Level: Upper, Flooring: Hardwood
  • Formal Dining Room: Dimensions: 15.02x11.03, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 13.05x11.03, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining Formal
  • Living Room: Dimensions: 20.04x11, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 47
  • Finished Sq Ft: 1232
  • Total Sq Ft: 1232
  • Finished Main Level Sq Ft: 896
  • Upper Level Finished Sq Ft: 336

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Gas, Hot Water, Water Heater - Gas, Window Unit
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water, Sump Pump
  • Utility Companies: Ameren IP

Schools

  • Elementary School: King
  • Middle School: Lombard
  • High School: Galesburg
  • Elementary School: King

Lot Info

  • Estimated Lot Size: 33 x 165
  • Estimated Number of Acres: 0.125
  • Lot Description: Level
  • Subdivision: Grubb
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 271.22
  • Parcel Id Number Tax Id: 9914277007
  • Tax Exemptions: Homestead/Owner Occupied, Senior Freeze, Senior Homestead
  • Tax Year: 2018

MLS Schools

  • High School School District: Galesburg
  • Middle School: Lombard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Mar 1, 2020
Sold by
Peterson Margaret E
Bought by
Fox Sean M and Myers-Fox Belinda
Seller's Agent
Thomas Knapp
RE/MAX Preferred Properties
Buyer's Agent
Janet Rosecrans
Jim Maloof Realty, Inc.
List Price
$57,900
Sold Price
$57,900
Current Estimated Value
$78,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,567
Avg. Annual Appreciation
5.82%
Original Mortgage
$56,827
Outstanding Balance
$51,525
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$26,931
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
Fox Sean M $58,000 Wheatland Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Sean M $56,827
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $57,900 0.0% $47 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $57,900 -- $47 / 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 $1,512 $22,300 $3,240 $19,060
2023 $1,512 $21,590 $3,140 $18,450
2022 $1,351 $20,260 $3,140 $17,120
2021 $1,276 $19,110 $2,960 $16,150
2020 $1,460 $21,860 $2,960 $18,900
2019 $1,040 $21,430 $2,900 $18,530
2018 $271 $21,430 $2,820 $18,610
2017 $274 $20,810 $2,740 $18,070
2015 -- $20,500 $2,700 $17,800
2013 $331 $17,820 $2,730 $15,090
Source: Public Records

Agents Affiliated with this Home

  • Thomas Knapp

    Seller's Agent in 2020

    Thomas Knapp

    RE/MAX Preferred Properties

    (309) 335-4000

    406 in this area

    485 Total Sales

    Section Image
  • Janet Rosecrans

    Buyer's Agent in 2020

    Janet Rosecrans

    Jim Maloof Realty, Inc.

    (309) 678-9010

    4 in this area

    181 Total Sales

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Map

Source: RMLS Alliance

MLS Number: RMACA997791

RMLS Alliance

APN: 99-14-277-007

Illinois Knox County Galesburg 61401

487 Locust St, Galesburg, IL

This home is located at 487 Locust St, Galesburg, IL 61401 since 01 February 2020 and is currently estimated at $78,757, approximately $63 per square foot. This property was built in 1906. 487 Locust St is a home located in Knox County with nearby schools including King Elementary School and Galesburg 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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