NOT LISTED FOR SALE

501 Chicago Ave Savanna, IL 61074

Estimated Value: $137,000 - $168,021

6 Beds
3 Baths
3,100 Sq Ft
$51/Sq Ft Est. Value

Last Sold January 11, 2016

Last sale price $92,500 $30 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,138/month

558 Days on Market

Highlights

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

About This Home

As of January 2016

You must visit to appreciate this exceptional value. Numerous interior upgrades with recent remodeling of the kitchen with stainless steel appliances. This spacious home can also be your income producer. Second floor has two apartments with separate entrances that could be rental units and the four garage units can be rented for storage. New furnace and water heater installed Nov., 2008. Whether it's your weekend or full time home, the rental income could pay your mortgage! This beautiful home was once awarded the Savanna Chamber of Commerce "Home of the Month"

Last Agent to Sell the Property

Andy Klemmt

CHOICE REALTY License #475124963 Listed on: 05/12/2014

Last Buyer's Agent

AGENT NON-MLS

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $633

Year Built

  • Built in 1884

Lot Details

  • 9,148

Home Design

  • Shingle Roof
  • Slate

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • 4 Car Garage
  • Gravel Driveway

Schools

  • West Carroll Elementary And Middle School
  • West Carroll High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 9,148 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$633

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Road Frontage: City/Town
  • Electric: Circuit Breaker
  • Additional Room 5: On Level: Upper
  • Additional Room 6: Upper, On Level: Upper
  • Appliances That Stay or Are Included: Dishwasher, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1600
  • Front: 66
  • General Features: Laundry 1st Floor, Porch Covered
  • Grid: Carroll County
  • Lot Acreage: 0.21
  • Rear: 66
  • Side 1: 140
  • Side 2: 140
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_599
  • Egress: No
  • Elementary School: West Carroll
  • Estimated Total Finished Sq Ft: 3100
  • Estimated Upper Sq Ft: 1500
  • Garage Type Driveway: Detached, Gravel
  • Pertinent Facts: You must visit to appreciate this exceptional value. Numerous interior upgrades with recent remodeling of the kitchen with stainless steel appliances. This spacious home can also be your income producer. Second floor has two apartments with separate entrances that could be rental units and the four garage units can be rented for storage. New furnace and water heater installed Nov., 2008. Whether it's your weekend or full time home, the rental income could pay your mortgage! This beautiful home was once awarded the Savanna Chamber of Commerce "Home of the Month"
  • Rental License: No
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 481011435
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 6
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Upper
  • Dining Room: On Level: Main
  • Full Bathrooms: 3
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Price Per Sq Ft: 29.84
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Slate
  • Roof: Shingle

Garage/Parking

  • Garage: 4

Utilities

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

Schools

  • School District: West Carroll
  • Elementary School: West Carroll
  • Middle School: West Carroll
  • High School: West Carroll
  • Elementary School #2: West Carroll

Building Info

  • Year Built: 1884

Tax Info

  • Year: 2014
  • Taxes: 633

MLS Schools

  • HighSchool: West Carroll
  • School District: West Carroll
  • Middle School: West Carroll

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2014
Closed on
Jan 11, 2016
Sold by
Patterson Donna R and Patterson Harold J
Bought by
Geesey Randy and Geesey Brenda
Seller's Agent
Andy Klemmt
CHOICE REALTY
Buyer's Agent
AGENT NON-MLS
NON-MLS OFFICE
List Price
$119,000
Sold Price
$92,500
Premium/Discount to List
-$26,500
-22.27%
Current Estimated Value
$157,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,255
Avg. Annual Appreciation
4.33%
Original Mortgage
$94,488
Outstanding Balance
$75,675
Interest Rate
3.93%
Mortgage Type
VA
Estimated Equity
$63,827
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
Geesey Randy $92,500 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geesey Randy $94,488
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2016 01/11/16 Sold $92,500 -22.3% $30 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
05/12/2014 05/12/14 For Sale $119,000 -- $38 / 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 $3,575 $39,619 $4,268 $35,351
2023 $3,575 $34,451 $3,711 $30,740
2022 $3,252 $33,491 $3,711 $29,780
2021 $2,998 $30,726 $3,405 $27,321
2020 $2,957 $30,726 $3,405 $27,321
2019 $2,976 $30,726 $3,405 $27,321
2018 $2,398 $26,272 $3,405 $22,867
2017 $1,859 $24,554 $3,182 $21,372
2016 $1,545 $23,837 $3,089 $20,748
2015 $1,279 $23,837 $3,089 $20,748
2014 $882 $18,698 $3,262 $15,436
2013 $882 $19,477 $3,398 $16,079
Source: Public Records

Agents Affiliated with this Home

  • Andy Klemmt

    Seller's Agent in 2016

    Andy Klemmt

    CHOICE REALTY

    (815) 291-8911

    2 in this area

    126 Total Sales

    Andy Klemmt
    Section Image

  • A

    Buyer's Agent in 2016

    AGENT NON-MLS

    NON-MLS OFFICE

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 114326

NorthWest Illinois Alliance of REALTORS®

APN: 08-07-10-115-001

Illinois Carroll County Savanna 61074

501 Chicago Ave, Savanna, IL

This home is located at 501 Chicago Ave, Savanna, IL 61074 since 12 May 2014 and is currently estimated at $157,755, approximately $50 per square foot. This property was built in 1884. 501 Chicago Ave is a home located in Carroll County.

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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