NOT LISTED FOR SALE

518 E Cleveland St Spring Valley, IL 61362

Estimated Value: $81,000 - $122,000

2 Beds
1 Bath
965 Sq Ft
$98/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $40,000 $41 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $677/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Community Pool
  • Property is near park
  • Bonus Room
  • Tennis Courts

About This Home

As of February 2023

Priced way below appraisal value! View this affordable 2 bedroom home in Spring Valley. It features a main level laundry, circuit breaker service and bonus room on main level could be a great office or playroom. It has hardwood flooring. There is a spacious 1+ car garage. Great income home or starter home. Not far from shopping and hospital.

Last Agent to Sell the Property

Bonnie Lester

Coldwell Banker Today's, Realtors Listed on: 01/31/2023

Coldwell Banker Today's, Realtors

Last Buyer's Agent

Robin Guerrero

Coldwell Banker Today's, Realtors

Coldwell Banker Today's, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1895

Lot Details

  • 6,547 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Paved or Partially Paved Lot
  • Sloped Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Hall High School

Utilities

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

Additional Features

  • Deck
  • Property is near park

Community Details

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 1895

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1895
  • Age: 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Walk-In Closet(s)
  • LivingArea: 965
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Foundation Details: Stone
  • Lot Features: Sloped
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Hall High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1503
  • Lot Dimensions: 50X130
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2070.28
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 24, 2023
Sold by
Caldera William
Bought by
Aldana Margarito U
Seller's Agent
Bonnie Lester
Coldwell Banker Today's, Realtors
Buyer's Agent
Robin Guerrero
Coldwell Banker Today's, Realtors
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Views
54
Current Estimated Value
$94,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,474
Avg. Annual Appreciation
35.05%
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
Aldana Margarito U $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $40,000 -8.9% $41 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/06/2023 02/06/23 Price Changed $43,900 -12.0% $45 / Sq Ft
01/31/2023 01/31/23 For Sale $49,900 -- $52 / 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 $2,207 $21,252 $3,476 $17,776
2023 $2,207 $19,929 $3,260 $16,669
2022 $2,134 $18,383 $3,007 $15,376
2021 $1,035 $17,352 $2,838 $14,514
2020 $1,988 $16,659 $2,725 $13,934
2019 $1,964 $16,299 $2,666 $13,633
2018 $1,916 $15,873 $2,596 $13,277
2017 $1,887 $15,545 $2,542 $13,003
2016 $1,909 $15,423 $2,522 $12,901
2015 -- $12,947 $0 $12,947
2014 -- $15,478 $2,531 $12,947
2013 -- $16,160 $2,643 $13,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11710268

Midwest Real Estate Data (MRED)

APN: 18-35-326-013