Seller's Agent in 2023
Kevin Carroccia
@ Properties
(312) 493-3310
5 in this area
13 Total Sales
503 E Washington St Marengo, IL 60152
Estimated Value: $185,000 - $247,398
3
Beds
2
Baths
--
Sq Ft
9,583
Sq Ft Lot
Highlights
- Porch
- Forced Air Heating System
- Baseboard Heating
About This Home
As of February 2023Beautiful Victorian 2-flat just a short walk to downtown Marengo and schools. The first floor unit is recently vacant and should rent for $1,200 per month. Two bedrooms in the first floor apartment, along with in-unit laundry and gas heat. Unit #2 is an oversized one-bedroom plus den, currently rented at $900/month. Unit #2 features beautiful hardwood floors and baseboard heat. Ample parking for several vehicles. Each unit has separate gas and electrical meters. Rent both apartments or live in one while offsetting the cost of ownership with an additional income stream. View 3D tour!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471010320 Listed on: 09/27/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,422
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 133x64x94x27x33x54
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Off-Street Parking
Schools
- Locust Elementary School
- Marengo Community Middle School
- Marengo High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
- Community Well
Additional Features
- Basement Fills Entire Space Under The House
- Porch
Community Details
- 2 Units
- Gross Income $20,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2022
Closed on
Feb 10, 2023
Sold by
Eastlake Properties Llc
Bought by
Collins John K
Seller's Agent
Kevin Carroccia
@properties Christie's International Real Estate
Buyer's Agent
Jason Jones
HomeSmart Connect LLC
List Price
$228,888
Sold Price
$199,000
Premium/Discount to List
-$29,888
-13.06%
Views
155
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,939
Avg. Annual Appreciation
8.40%
Original Mortgage
$195,395
Outstanding Balance
$189,166
Interest Rate
5.63%
Mortgage Type
FHA
Estimated Equity
$54,314
Purchase Details
Closed on
Apr 18, 2017
Sold by
Fitzsimmons Gary and Fitzsimmons Kris
Bought by
Eastlake Pro Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.3%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Collins John K | $199,000 | First American Title | |
| Eastlake Pro Llc | $62,500 | Nlt Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Collins John K | $195,395 | |
| Previous Owner | Eastlake Properties Llc | $100,000 | |
| Previous Owner | Eastlake Pro Llc | $100,000 | |
| Previous Owner | Fitzsimmons Gary L | $12,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2023 02/10/23 | Sold | $199,000 | -5.2% | -- |
| 11/19/2022 11/19/22 | Pending | -- | -- | -- |
| 10/31/2022 10/31/22 | Price Changed | $209,900 | -2.3% | -- |
| 10/21/2022 10/21/22 | Price Changed | $214,900 | -1.9% | -- |
| 10/07/2022 10/07/22 | Price Changed | $219,000 | -4.3% | -- |
| 09/27/2022 09/27/22 | For Sale | $228,888 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,140 | $36,201 | $13,782 | $22,419 |
| 2023 | $2,699 | $31,912 | $12,149 | $19,763 |
| 2022 | $2,589 | $28,859 | $10,987 | $17,872 |
| 2021 | $2,423 | $26,295 | $10,011 | $16,284 |
| 2020 | $2,390 | $25,024 | $9,527 | $15,497 |
| 2019 | $2,537 | $23,711 | $9,027 | $14,684 |
| 2018 | $2,367 | $22,209 | $8,455 | $13,754 |
| 2017 | $2,301 | $21,037 | $8,009 | $13,028 |
| 2016 | $5,207 | $45,722 | $7,483 | $38,239 |
| 2013 | -- | $44,734 | $7,321 | $37,413 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Jason Jones
HomeSmart Connect LLC
(773) 807-0197
2 in this area
77 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11639669
APN: 11-36-327-038
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