NOT LISTED FOR SALE

504 E Main St Geneseo, IL 61254

Estimated Value: $228,000 - $233,000

5 Beds
4 Baths
2,248 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 19, 2013

Last sale price $111,000 $49 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,645/month

About This Home

As of July 2013

4-plex - Great location & close to everything. A must see. 1 two BR unit, 3 one bedroom units. Here is a great opportunity. Excellent investment buy! Buyer/ buyer's agent should verify all measurements.

Last Agent to Sell the Property

Francie Liras

Mel Foster Co. Geneseo License #475.134888 Listed on: 01/03/2013

Last Buyer's Agent

Francie Liras

Mel Foster Co. Geneseo License #475.134888 Listed on: 01/03/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,083

Year Built

  • Built in 1964

Lot Details

  • 0.25

Finished Basement

  • Partial Basement
  • Crawl Space

Schools

  • Geneseo High School

Additional Features

  • 2-Story Property
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for no utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,083

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: N 110' of W 99' blk 6 JTPierces Ad city of Geneseo
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Crawl Space, Egress Window, Finished, Partial
  • Price Per Sq Ft: 49.38
  • Total Sq Ft: 2248

Exterior Features

  • Exterior: Composition Siding
  • Road Access: Curbs & Gutters

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Baseboard, Gas, Hot Water, Wall Units
  • Gas Expense: 1957
  • Water Sewer Expenses: 1974

Schools

  • High School: Geneseo High School
  • High School: Geneseo High School

Lot Info

  • Estimated Lot Size: 99 x 110
  • Lot Description: Corner, Level
  • Subdivision: JT Pierce
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: No Utilities
  • Gross Annual Rent Income: 25200
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 4083.16
  • Parcel Id Number Tax Id: 08212780010040
  • Tax Year: 2012

Multi Family

  • Total Number Units: 4
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Jones Lease Properties Llc
Bought by
Find A Place Now Llc
Current Estimated Value
$229,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$289,507
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$59,840

Purchase Details

Closed on
Jun 2, 2017
Sold by
Schipper Gregg M
Bought by
Jones Lease Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 8, 2017
Sold by
Schipper Chad C and Schipper Gregg M
Bought by
Schipper Gregg M

Purchase Details

Closed on
Oct 16, 2015
Sold by
Schipper Chad C
Bought by
Schipper Chad C and Schipper Gregg M

Purchase Details

Listed on
Jan 3, 2013
Closed on
Jul 19, 2013
Sold by
Wildermuth Roger R and The Roger R Wildermuth Living
Bought by
Schipper Chad C
Seller's Agent
Francie Liras
Mel Foster Co. Geneseo
Buyer's Agent
Francie Liras
Mel Foster Co. Geneseo
List Price
$129,900
Sold Price
$111,000
Premium/Discount to List
-$18,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
May 22, 2006
Sold by
Sand Phyllis A and Sand Dale H
Bought by
Humphrey Richard W and Humphrey Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Find A Place Now Llc -- None Listed On Document
Jones Lease Properties Llc $145,000 Attorney
Schipper Gregg M -- Attorney
Schipper Chad C -- None Available
Schipper Chad C $111,000 None Available
Humphrey Richard W $142,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Find A Place Now Llc $296,000
Previous Owner Jones Lease Properties Llc $116,000
Previous Owner Humphrey Richard W $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $111,000 -14.5% $49 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $129,900 -- $58 / 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 $5,135 $63,177 $9,528 $53,649
2023 $4,564 $57,539 $8,678 $48,861
2022 $4,346 $53,475 $8,065 $45,410
2021 $4,257 $52,120 $7,861 $44,259
2020 $4,237 $52,604 $7,934 $44,670
2019 $4,105 $52,018 $7,845 $44,173
2018 $3,894 $49,166 $7,415 $41,751
2017 $2,992 $39,150 $7,227 $31,923
2016 $3,122 $38,158 $7,044 $31,114
2015 $4,087 $38,082 $7,030 $31,052
2013 $4,087 $37,370 $6,899 $30,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4139866

RMLS Alliance

APN: 08-21-278-001