$229,900

516 Lathrop Terrace South Beloit, IL 61080

Estimated payment $1,622/month

Total Views 2,326
3 Beds
4 Baths
1,904 Sq Ft
$121 Price per Sq Ft

Highlights

  • Hot Property
  • Laundry Room
  • Dining Room
  • Living Room
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

Welcome to this spacious 3-bedroom, 2 full & 2 half bath home located in the South Beloit School District. This property offers plenty of room for comfortable living, featuring a 2-car attached garage plus an additional outbuilding with extra-tall garage doors-perfect for storing larger vehicles, recreational equipment, or creating your dream workshop. With versatile spaces and practical updates, this home combines everyday convenience with extra functionality to fit your lifestyle.

Listing Agent

Heather Collins

Keller Williams Realty Signature Listed on: 08/28/2025

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,463

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 100 x 140 x 100 x 140

Parking

  • 5 Car Garage

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,463

Year Built

Built in 2007

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • LivingArea: 1904
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 229900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: On Site, Attached, Detached, Garage
  • ParkingTotal: 5

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 320

Lot Info

  • Lot Dimensions: 100 x 140 x 100 x 140
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4463
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,463 $63,651 $5,114 $58,537
2023 $3,965 $52,551 $4,222 $48,329
2022 $3,738 $48,009 $3,857 $44,152
2021 $3,583 $44,927 $3,609 $41,318
2020 $3,496 $43,500 $3,494 $40,006
2019 $3,480 $41,904 $3,366 $38,538
2018 $3,329 $39,939 $3,208 $36,731
2017 $3,407 $38,282 $3,075 $35,207
2016 $3,232 $37,027 $2,974 $34,053
2015 $3,201 $36,180 $2,906 $33,274
2014 $3,456 $38,684 $2,906 $35,778
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $229,900 +64.2% $121 / Sq Ft
09/04/2020 09/04/20 Sold $140,000 0.0% $74 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $140,000 -- $74 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 Hampilos & Associates Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $58,900 Credit Line Revolving
Open $132,500 New Conventional
Closed $7,500 No Value Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12457679

Midwest Real Estate Data (MRED)

APN: 04-05-376-031