NOT LISTED FOR SALE

505 S 4th Ave Forreston, IL 61030

Forreston Area

Estimated Value: $154,924

2 Beds
2 Baths
1,349 Sq Ft
$115/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2021

Last sale price $95,000 $70 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,159 / mo

33 Days on Market

Highlights

  • Attached Garage
  • 1-Story Property
  • Senior Tax Exemptions

About This Home

As of October 2021

Well built ranch! 2 bedrooms with hardwood flooring. Large formal dining room and large living room with built in shelving. There is hardwood floors underneath the carpet. Main floor laundry. Full basement is ready to finish! Sold as is - Estate

Last Agent to Sell the Property

Tracey DeCrane

RE/MAX Town Lake & Country License #475122157 Listed on: 08/13/2021

RE/MAX Town Lake & Country

Last Buyer's Agent

Tracey DeCrane

RE/MAX Town Lake & Country License #475122157 Listed on: 08/13/2021

RE/MAX Town Lake & Country

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 0.28

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: From Rt. 26 turn West on Elm then South on 4th Ave.
  • Lot Size: 99 X 123.75
  • New Construction: No
  • Ownership: Fee Simple
  • Standard Status: Closed
  • Special Features: None
  • Year Built: 1959

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Features: Porch
  • Exterior Building Type: Vinyl Siding,Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 221

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 2124.48
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 15, 2021
Sold by
Bennett Trust
Bought by
Seller's Agent
Tracey DeCrane
RE/MAX Town Lake & Country
Buyer's Agent
Tracey DeCrane
RE/MAX Town Lake & Country
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Current Estimated Value
$154,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,924
Avg. Annual Appreciation
10.38%
Original Mortgage
$76,000
Outstanding Balance
$67,879
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$87,045

Purchase Details

Closed on
Jan 8, 2019
Sold by
Russman Trust
Bought by
Bennett Trust

Purchase Details

Closed on
May 29, 2014
Sold by
Russman Mildred L
Bought by
Russman Mildred L and Mildred L Russman Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Forreston, IL

  • Tracey DeCrane Real Estate Agent - RE/MAX Town Lake & Country

    Tracey DeCrane

    RE/MAX Town Lake & Country

    (815) 706-3940

    105 Total Sales

    3 in Forreston

    $25K - $125K Price Range

    Tracey DeCrane
     Section Image
  • Charla Piper Real Estate Agent - Century 21 Affiliated

    Charla Piper

    Responds Quickly

    Century 21 Affiliated

    (608) 684-6117

    199 Total Sales

    2 in Forreston

    $129K - $136K Price Range

    Charla Piper
     Section Image
  • Tracy Shuman Real Estate Agent - Re/Max Professional Advantage

    Tracy Shuman

    Re/Max Professional Advantage

    (815) 393-2816

    153 Total Sales

    7 in Forreston

    $47K - $250K Price Range

    Tracy Shuman
     Section Image
  • JD Gieson Real Estate Agent - RE/MAX of Rock Valley

    JD Gieson

    RE/MAX of Rock Valley

    (815) 456-8596

    492 Total Sales

    1 in Forreston

    $162,000 Price

    JD Gieson
     Section Image
  • Christine Wilke Real Estate Agent - Best Realty

    Christine Wilke

    Best Realty

    (779) 210-6324

    312 Total Sales

    2 in Forreston

    $165K - $215K Price Range

    Christine Wilke
     Section Image
  • Amy Smith-Heine Real Estate Agent - Re/Max Classic

    Amy Smith-Heine

    Re/Max Classic

    (779) 212-7490

    162 Total Sales

    1 in Forreston

    $188,500 Price

    Amy Smith-Heine
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$95,000 Security First Title
Bennett Trust -- None Available
Russman Mildred L -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $76,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $95,000 -13.6% $70 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $110,000 -- $82 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,330 $48,917 $4,297 $44,620
2024 $3,330 $43,650 $3,942 $39,708
2023 $3,063 $40,715 $3,677 $37,038
2022 $2,858 $37,254 $3,364 $33,890
2021 $3,339 $36,324 $3,280 $33,044
2020 $2,124 $35,682 $3,222 $32,460
2019 $2,170 $34,228 $3,091 $31,137
2018 $2,200 $34,228 $3,091 $31,137
2017 $2,061 $34,228 $3,091 $31,137
2016 $2,199 $33,416 $3,018 $30,398
2015 $2,068 $32,633 $2,947 $29,686
2014 $2,030 $32,633 $2,947 $29,686
2013 $2,055 $33,445 $3,020 $30,425
Source: Public Records

Agents Affiliated with this Home

  • Tracey DeCrane Real Estate Agent - RE/MAX Town Lake & Country

    Seller's Agent in 2021

    Tracey DeCrane

    RE/MAX Town Lake & Country

    (815) 677-2164

    105 Total Sales

    Tracey DeCrane
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11188470

Midwest Real Estate Data (MRED)

APN: 02-33-181-002

Illinois Ogle County Forreston 61030

505 S 4th Ave, Forreston, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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