NOT LISTED FOR SALE

507 E Pearl St Geneseo, IL 61254

Estimated Value: $148,330 - $158,000

2 Beds
1 Bath
1,082 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $140,000 $129 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,047/month

19 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • Geneseo High School Rated 9+
  • 2 Car Attached Garage
  • Shed

About This Home

As of July 2023

Geneseo 2 Bedroom 2car garage ranch. Upon entering, you'll be greeted by the light-filled living room that exudes warmth and relaxation. The large windows flood the space with natural light, creating an inviting atmosphere for gathering with friends and family. The open floor plan flows into the recently remodeled kitchen with an informal dining area, updated cabinetry, counters and floors, a neutral color palette, and 2yr old appliances. The spacious main bedroom has 2 large closets and a beautiful feature wall designed to offer tranquility and comfort. The breezeway can be many things, a drop zone, office, play/craft room, you name it. The well-maintained yard offers a great space for gardening, relaxing, or entertaining. Conveniently located in Geneseo. Schedule a showing today to make this charming property you own.

Last Agent to Sell the Property

Jean Frohling

Mel Foster Co. Geneseo License #475.170598 Listed on: 06/06/2023

Mel Foster Co. Geneseo

Last Buyer's Agent

Billy Peiffer

Cornerstone Partners QC - Real Broker, LLC License #475.182211/ S67287000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1954

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 79x111
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,082 Sq Ft Home
  • Ceiling Fan
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

  • Geneseo High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Davis Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 0821276023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,109

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1954
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener(s)
  • Living Area: 1082
  • KitchenDining: Dining Informal

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Brick, Vinyl Siding
  • Exterior Features: Patio, Shed(s)
  • Foundation Details: Brick
  • Roof: Composition
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central Air
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Geneseo High School

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size: 79x111
  • Parcel #: 0821276023

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1108.74
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 25, 2023
Sold by
Morton Rachel
Bought by
Malzewski Amorah E and Ruggles Peter L
Seller's Agent
Jean Frohling
Mel Foster Co. Geneseo
Buyer's Agent
Billy Peiffer
Cornerstone Partners QC - Real Broker, LLC
List Price
$137,000
Sold Price
$140,000
Premium/Discount to List
$3,000
2.19%
Views
366
Current Estimated Value
$152,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,833
Avg. Annual Appreciation
3.54%
Original Mortgage
$137,464
Outstanding Balance
$133,747
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$19,086

Purchase Details

Closed on
Aug 20, 2020
Sold by
Burbridge Kirstin A and Estate Of Eric S Rescbke
Bought by
Morton Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Malzewski Amorah E $140,000 None Listed On Document
Morton Rachel $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malzewski Amorah E $137,464
Previous Owner Morton Rachel $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $140,000 +2.2% $129 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $137,000 0.0% $127 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $137,000 -- $127 / 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 $3,044 $43,454 $7,679 $35,775
2023 $2,663 $39,576 $6,994 $32,582
2022 $1,109 $19,643 $6,500 $13,143
2021 $1,074 $19,145 $6,335 $12,810
2020 $1,557 $19,323 $6,394 $12,929
2019 $2,332 $35,552 $6,323 $29,229
2018 $2,186 $33,603 $5,976 $27,627
2017 $2,044 $32,752 $5,825 $26,927
2016 $2,121 $31,922 $5,677 $26,245
2015 $1,952 $31,859 $5,666 $26,193
2013 $1,952 $31,262 $5,560 $25,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4243468

RMLS Alliance

APN: 08-21-276-023