NOT LISTED FOR SALE

505 E Wells St Geneseo, IL 61254

Estimated Value: $101,000 - $133,000

3 Beds
1 Bath
1,384 Sq Ft
$86/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $70,000 $51 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $787/month

121 Days on Market

About This Home

As of November 2017

PENDING SALE, (subject to close) seller reequest property to remain active and that it continues to be show. Looking for a home under $78,000. Great area, teriffic buy! Property has been rental. Earn while you own, or nice starter home. What a deal! Its affordable & well located. Hardwood floors under carpet on the main floor. Extra storage behind the garage. Available today to see. 1 BR is non-conforming.

Last Agent to Sell the Property

Francie Liras

Mel Foster Co. Geneseo License #475.134888 Listed on: 07/22/2017

Last Buyer's Agent

Tana Cowan

Mel Foster Co. Geneseo License #471.010403/S57360000

Mel Foster Co. Geneseo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,730

Year Built

  • Built in 1900

Lot Details

  • 0.25

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property

Schools

  • Geneseo Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,730

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Unit Style: 1-Level
  • Legal Description: lengthy
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 14x15, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Partial
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 13x14, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 15x13, On Level: Main, Flooring: Carpet
  • Informal Dining Room: Dimensions: 8x10, On Level: Main, Flooring: Vinyl
  • Kitchen: Dimensions: 10x14, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 13x13, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 650
  • Additional Room 1: Dimensions: 7x8, On Level: Main, Flooring: Vinyl
  • Price Per Sq Ft: 50.58
  • Finished Sq Ft: 1384
  • Total Sq Ft: 1384
  • Finished Main Level Sq Ft: 852
  • Upper Level Finished Sq Ft: 532

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Shed
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Number Cars: 1

Utilities

  • Heating Cooling: Hot Water, Water Heater - Gas, No Cooling
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer

Schools

  • Elementary School: Geneseo Elem
  • Middle School: Geneseo
  • High School: Geneseo High School
  • Elementary School: Geneseo Elem

Lot Info

  • Estimated Lot Size: 90 x 120
  • Lot Description: Level
  • Subdivision: Thompson
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1730.24
  • Parcel Id Number Tax Id: 0816427004

MLS Schools

  • High School School District: Geneseo High School
  • Middle School: Geneseo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2017
Closed on
Nov 17, 2017
Sold by
Brown Richard E and Brown Linda L
Bought by
Mcmahill Joel R
Seller's Agent
Francie Liras
Mel Foster Co. Geneseo
Buyer's Agent
Tana Cowan
Mel Foster Co. Geneseo
List Price
$77,999
Sold Price
$70,000
Premium/Discount to List
-$7,999
-10.26%
Current Estimated Value
$118,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,429
Avg. Annual Appreciation
5.98%
Original Mortgage
$665,000
Outstanding Balance
$566,827
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
-$457,296
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
Mcmahill Joel R $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahill Joel R $11,493
Open Mcmahill Joel R $665,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $70,000 -10.3% $51 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
07/22/2017 07/22/17 For Sale $77,999 -- $56 / 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 $1,671 $29,716 $7,608 $22,108
2023 $1,671 $27,064 $6,929 $20,135
2022 $1,557 $25,153 $6,440 $18,713
2021 $1,512 $24,516 $6,277 $18,239
2020 $1,510 $24,744 $6,335 $18,409
2019 $1,457 $24,469 $6,265 $18,204
2018 $1,357 $23,128 $5,922 $17,206
2017 $1,723 $22,542 $5,772 $16,770
2016 $1,730 $21,149 $5,626 $15,523
2015 $1,595 $21,107 $5,615 $15,492
2013 $1,595 $20,711 $5,509 $15,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4184688

RMLS Alliance

APN: 08-16-427-004