NOT LISTED FOR SALE

522 E Jackson St Belvidere, IL 61008

Estimated Value: $158,000 - $191,000

4 Beds
4 Baths
1,536 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 29, 2017

Last sale price $70,000 $46 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,196/month

128 Days on Market

About This Home

As of August 2017

LIVE IN HALF AND COLLECT RENT ON THE OTHER HALF. LOWER YOUR MONTHLY PAYMENTS! GREAT RENTAL HISTORY IN THIS WELL MAINTAINED 2 FAMILY HOUSE. NEUTRAL WALLS & FLOORS WITH SPACIOUS SIZED ROOMS. NEWER ROOF COMPLETED IN STAGES DONE OVER THE LAST 3-4 YEARS, SO IT WILL LAST FOR YEARS!

Last Agent to Sell the Property

Jane Eurek

DICKERSON & NIEMAN License #471000774 Listed on: 03/24/2017

DICKERSON & NIEMAN

Last Buyer's Agent

Toni Vander Heyden

Keller Williams Realty Signature License #475142387

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,347

Year Built

  • Built in 1918

Lot Details

  • 8,712

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Stove

Schools

  • Lincoln Elementary School
  • Belvidere Central Middle School
  • Belvidere North High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,347

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1536
  • Front: 66
  • Legal Description: SLY PT OF ELY 4 RDS OF BLK 13 ORIG TOWN
  • Lvt Date: 03/24/2017
  • Rear: 66
  • Side 1: 132
  • Side 2: 132
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 62509
  • Calculate Cap Rate: Yes
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Utilities Yr: 1320
  • Agent Only_ L A1 User Code: 4080
  • Elementary School: Lincoln Elementary
  • Pertinent Facts: LIVE IN HALF AND COLLECT RENT ON THE OTHER HALF. LOWER YOUR MONTHLY PAYMENTS! GREAT RENTAL HISTORY IN THIS WELL MAINTAINED 2 FAMILY HOUSE. NEUTRAL WALLS & FLOORS WITH SPACIOUS SIZED ROOMS. NEWER ROOF COMPLETED IN STAGES DONE OVER THE LAST 3-4 YEARS, SO IT WILL LAST FOR YEARS!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Heating: Electric, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1918

Tax Info

  • Year: 2016
  • Taxes: 2347

MLS Schools

  • HighSchool: Belvidere North
  • School District: Belvidere 100
  • Middle School: Belvidere Central Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Aug 28, 2017
Sold by
Randy Rasmussen and Randy Margie
Bought by
Cortes Juan
Seller's Agent
Jane Eurek
DICKERSON & NIEMAN
Buyer's Agent
Toni Vander Heyden
Keller Williams Realty Signature
List Price
$87,900
Sold Price
$70,000
Premium/Discount to List
-$17,900
-20.36%
Current Estimated Value
$174,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,859
Avg. Annual Appreciation
11.63%
Original Mortgage
$63,000
Outstanding Balance
$53,765
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$121,094

Purchase Details

Closed on
Dec 29, 2006
Bought by
Rasmussen Shawn M and Rasmussen Holly A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cortes Juan $70,000 Attorneys Title Guaranty Fund
Rasmussen Shawn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Juan $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2017 08/29/17 Sold $70,000 -20.4% $46 / Sq Ft
07/30/2017 07/30/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $87,900 -- $57 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $3,325 $44,464 $3,844 $40,620
2023 $3,325 $30,969 $5,894 $25,075
2022 $2,204 $28,762 $5,894 $22,868
2021 $2,081 $27,436 $5,894 $21,542
2020 $1,974 $25,139 $6,214 $18,925
2019 $1,842 $42,096 $24,856 $17,240
2018 $1,866 $86,604 $69,920 $16,684
2017 $2,414 $22,688 $6,512 $16,176
2016 $2,347 $21,161 $6,406 $14,755
2015 $2,378 $20,837 $8,008 $12,829
2014 $1,044 $21,691 $8,008 $13,683
Source: Public Records

Agents Affiliated with this Home

  • Jane Eurek

    Seller's Agent in 2017

    Jane Eurek

    DICKERSON & NIEMAN

    (815) 988-7596

    67 in this area

    129 Total Sales

    Jane Eurek
    Section Image
  • Toni Vander Heyden

    Buyer's Agent in 2017

    Toni Vander Heyden

    Keller Williams Realty Signature

    (815) 315-1110

    96 in this area

    1,374 Total Sales

    Toni Vander Heyden
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201701535

NorthWest Illinois Alliance of REALTORS®

APN: 05-26-230-005

Illinois Boone County Belvidere 61008

522 E Jackson St, Belvidere, IL

Not Listed for Sale

MultiFamily

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