NOT LISTED FOR SALE

505 W 3rd St Spring Valley, IL 61362

Estimated Value: $180,474 - $248,000

4 Beds
4 Baths
2,000 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $130,700 $65 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,482/month

55 Days on Market

Highlights

  • Property is near park
  • Heated Sun or Florida Room
  • Tennis Courts
  • Ranch Style House
  • Community Pool
  • Formal Dining Room

About This Home

As of April 2013

Mighty spacious! Nicely updated 4-bedroom home with large yard & partially fenced in. Updated kitchen & bathroom, furnace, roof, windows, & siding. Finished family room in basement with 1/2-bath, master bedroom has private full bathroom. Main level laundry, plenty of closets, perfect for large family, great floor plan, awesome sunroom, & 8x12 shed. Seller is relocating, discounted for quick sale.

Last Agent to Sell the Property

Ellen Credi

Blackhawk Brokerage LLC License #471019165 Listed on: 11/02/2012

Last Buyer's Agent

Bonnie Lester

Coldwell Banker Today's, Realtors

Coldwell Banker Today's, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,105

Lot Details

  • Lot Dimensions are 50x265
  • Fenced

Parking

  • 1 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Unfinished Attic
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near park

Schools

  • Lincoln Elementary School
  • John F Kennedy Elementary Middle School
  • Hall High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Tennis Courts
  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,105

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): Yes
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Partially Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 2000
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Heated Sun Room
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Attic: Unfinished
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Radiant Floor
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: LINCOLN ELEMENTARY SCHOOL
  • High School: HALL HIGH SCHOOL
  • Middle/Junior School: JOHN F KENNEDY ELEMENTARY SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X265
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4105
  • Tax Year: 2011
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2012
Closed on
Apr 15, 2013
Sold by
Turpen David A
Bought by
Acosta Samuel and Burell Stacia
Seller's Agent
Ellen Credi
Blackhawk Brokerage LLC
Buyer's Agent
Bonnie Lester
Coldwell Banker Today's, Realtors
List Price
$133,700
Sold Price
$130,700
Premium/Discount to List
-$3,000
-2.24%
Current Estimated Value
$202,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,419
Avg. Annual Appreciation
3.48%
Original Mortgage
$130,000
Outstanding Balance
$97,710
Interest Rate
3.6%
Mortgage Type
USDA
Estimated Equity
$104,409

Purchase Details

Closed on
Jun 5, 2009
Sold by
Cartus Financial Corp
Bought by
Turpen David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,350
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2009
Sold by
Stoner Lawrence A and Stoner Jane S
Bought by
Cartus Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,350
Interest Rate
4.94%
Mortgage Type
New Conventional
Source: Public Records
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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
Acosta Samuel $131,000 None Available
Turpen David $133,000 None Available
Cartus Financial Corp $133,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Samuel $130,000
Previous Owner Turpen David $126,350
Previous Owner Cartus Financial Corp $126,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2013 04/15/13 Sold $130,700 0.0% $65 / Sq Ft
04/02/2013 04/02/13 Off Market $130,700 -- --
12/27/2012 12/27/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $133,700 -- $67 / 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 $5,116 $55,667 $4,775 $50,892
2023 $5,116 $52,201 $4,478 $47,723
2022 $4,893 $48,152 $4,131 $44,021
2021 $4,707 $45,452 $3,899 $41,553
2020 $4,490 $43,636 $3,743 $39,893
2019 $4,422 $42,692 $3,662 $39,030
2018 $4,294 $41,577 $3,566 $38,011
2017 $4,215 $40,718 $3,492 $37,226
2016 $4,257 $40,399 $3,465 $36,934
2015 -- $40,540 $3,477 $37,063
2014 -- $40,540 $3,477 $37,063
2013 -- $42,326 $3,630 $38,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08214377

Midwest Real Estate Data (MRED)

APN: 18-34-254-005