NOT LISTED FOR SALE

507 S 1st St Oregon, IL 61061

Estimated Value: $145,000 - $190,000

3 Beds
2 Baths
1,664 Sq Ft
$101/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $123,900 $74 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,286/month

30 Days on Market

Highlights

  • Detached Garage
  • Senior Tax Exemptions
  • Tandem Garage
  • Oregon High School Rated 9+
  • Wood Siding

About This Home

As of December 2021

Dreaming of a home near the Rock River on a spacious .32 acre lot with a tandem 4 car garage - look no further! Inviting front porch leads to the spacious home featuring main floor laundry, kitchen with eating area, dining room with sliders to the back deck, den/office and mud room on the main floor with 3 bedrooms & full bath upstairs. Blacktop drive & home warranty complete this great property! Call today for your personal tour!

Last Agent to Sell the Property

Carrie Rowland

RE/MAX of Rock Valley License #475181619 Listed on: 10/13/2021

RE/MAX of Rock Valley

Last Buyer's Agent

Carrie Rowland

RE/MAX of Rock Valley License #475181619 Listed on: 10/13/2021

RE/MAX of Rock Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,426

Year Built

  • 1921

Lot Details

  • 0.32

Parking

  • Detached Garage
  • Tandem Garage
  • Parking Included in Price

Home Design

  • Wood Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,426

Year Built

1921

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Traditional
  • Directions: RT 2 South to Adams St, right onto 1st Street
  • Lot Size: 63X221X73X194
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1921

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Disposal
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 1664
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1664
  • Total Sq Ft: 1664
  • Upper Level Sq Ft: 832
  • Main Level Sq Ft: 832
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Other Equipment: Sump Pump
  • Dining Room Type: Den, Mud Room, Pantry, Deck

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Porch
  • Foundation Details: Block, Concrete Perimeter
  • Exterior Building Type: Wood Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 4
  • Garage Details: Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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: 220

Lot Info

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

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 1515.18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Dec 15, 2021
Sold by
Dummer Victoria
Bought by
Buse David F
Seller's Agent
Carrie Rowland
RE/MAX of Rock Valley
Buyer's Agent
Carrie Rowland
RE/MAX of Rock Valley
List Price
$144,900
Sold Price
$123,900
Premium/Discount to List
-$21,000
-14.49%
Current Estimated Value
$168,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,663
Avg. Annual Appreciation
4.90%
Original Mortgage
$112,942
Outstanding Balance
$105,110
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$43,013

Purchase Details

Closed on
Jul 28, 2006
Sold by
Home Erik N and Home Michele R
Bought by
Primacy Closing Corp
Source: Public Records

Range of Values:

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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
Buse David F $121,000 None Available
Primacy Closing Corp $95,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buse David F $112,942
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $123,900 -14.5% $74 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $144,900 -- $87 / 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 $4,426 $49,902 $11,107 $38,795
2023 $3,404 $40,155 $5,419 $34,736
2022 $3,214 $37,167 $5,016 $32,151
2021 $1,619 $26,529 $4,680 $21,849
2020 $1,515 $25,352 $4,472 $20,880
2019 $1,494 $25,226 $4,450 $20,776
2018 $1,367 $24,139 $4,258 $19,881
2017 $1,362 $24,139 $4,258 $19,881
2016 $1,265 $23,294 $4,109 $19,185
2015 $1,284 $24,114 $4,254 $19,860
2014 $1,341 $24,114 $4,254 $19,860
2013 $1,457 $25,314 $4,466 $20,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11245041

Midwest Real Estate Data (MRED)

APN: 16-03-331-003