NOT LISTED FOR SALE

502 W Main St Genoa, IL 60135

Estimated Value: $137,131

2 Beds
2 Baths
1,550 Sq Ft
$88/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $87,000 $56 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $864/month

199 Days on Market

Highlights

  • Bonus Room
  • Mud Room
  • Porch
  • Corner Lot
  • Formal Dining Room
  • Living Room

About This Home

As of February 2020

Diamond in the rough right on Main St. in downtown Genoa! This 2+ bedroom/ 2 bath holds a ton of potential for the right buyers! 1st floor bonus room includes a full bath which can be converted back to an additional bedroom! Huge amount of space with some creativity !! The roof is approx 5 yrs old. High efficiency furnace and air approx 6 yrs old. Whole house electric was upgraded to 100 amp service through-out. New sewer line from home to the street approx 1 yr ago. Perfect candidate for FHA 203 B loan or renovation loan. Call/text me to schedule your private showing now!!!

Last Agent to Sell the Property

Michael Cirone

3 Roses Realty License #471001365 Listed on: 07/29/2019

Last Buyer's Agent

Michael Cirone

3 Roses Realty License #471001365 Listed on: 07/29/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,706

Year Built

  • Built in 1900

Lot Details

  • 8,002 Sq Ft Lot
  • Lot Dimensions are 26x167x95x83x69x85
  • Corner Lot
  • Paved or Partially Paved Lot
  • Irregular Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Porch

Schools

  • Genoa-Kingston High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,706

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Full Bath
  • LivingArea: 1550
  • Room Type: Bonus Room, Mud Room, Storage
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 99900
  • Lot Features: Corner Lot, Irregular Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Genoa-Kingston High School
  • Middle/Junior School District: 424

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1837
  • Lot Dimensions: 26X167X95X83X69X85
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1706.16
  • Tax Year: 2018
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Feb 21, 2020
Sold by
Rood Barbara L
Bought by
Genoa Properties Llc
Seller's Agent
Michael Cirone
3 Roses Realty
Buyer's Agent
Michael Cirone
3 Roses Realty
List Price
$105,000
Sold Price
$87,000
Premium/Discount to List
-$18,000
-17.14%
Current Estimated Value
$137,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,131
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Nov 30, 2015
Sold by
Rood David R and Rood Barbara L
Bought by
Rood Barbara L and David R Rood

Purchase Details

Closed on
Apr 27, 2012
Sold by
Citizens First National Bank
Bought by
Rood David

Purchase Details

Closed on
Dec 29, 2009
Sold by
Dekalb County Sheriff
Bought by
Citizens First National Bank

Purchase Details

Closed on
Apr 1, 2005
Sold by
Mowers Lawrence A
Bought by
Trademark Properties Of Genoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Genoa Properties Llc $87,000 None Available
Rood Barbara L -- --
Rood David $50,000 --
Citizens First National Bank -- --
Trademark Properties Of Genoa $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trademark Properties Of Genoa $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $87,000 -12.9% $56 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
08/21/2019 08/21/19 Price Changed $99,900 -4.9% $64 / Sq Ft
07/29/2019 07/29/19 For Sale $105,000 -- $68 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,112 $80,640 $12,786 $67,854
2023 $7,112 $75,000 $11,892 $63,108
2022 $3,193 $32,312 $11,501 $20,811
2021 $3,019 $30,573 $10,882 $19,691
2020 $1,932 $30,252 $10,768 $19,484
2019 $1,809 $28,473 $10,135 $18,338
2018 $1,706 $27,181 $9,675 $17,506
2017 $1,626 $26,113 $9,295 $16,818
2016 $1,638 $26,053 $9,274 $16,779
2015 -- $25,427 $9,051 $16,376
2014 -- $24,992 $8,896 $16,096
2013 -- $24,955 $8,883 $16,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10467261

Midwest Real Estate Data (MRED)

APN: 03-19-381-005