NOT LISTED FOR SALE

522 Illinois St South Beloit, IL 61080

Estimated Value: $71,000 - $115,000

Studio
2 Baths
1,344 Sq Ft
$68/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $70,000 $52 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $530/month

2 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Fire Pit
  • Forced Air Heating System

About This Home

As of June 2022

Make Money Fast! Ready for tenants or family needing shared yet separate living quarters. New carpet and paint have freshened it up. Interesting floor plan with one bedroom down and 2 upstairs. Front and rear porches. Great location just blocks to new ABC Supply stadium. Easy to show.

Last Agent to Sell the Property

Mike Lunde

Gambino Realtors License #475129518 Listed on: 05/02/2022

Co-Listed By

Christine Smith

Real Broker, LLC License #475152617

Last Buyer's Agent

Gail Anderson

Century 21 Affiliated License #475165021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $623

Lot Details

  • 6,534

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range

Outdoor Features

  • Enclosed Patio or Porch
  • Fire Pit

Schools

  • Clark Elementary School
  • South Beloit Jr High Middle School
  • South Beloit Sr High School

Utilities

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

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$623

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 700
  • Front: 66.17
  • General Features: Fire-Pit/Fireplace, Porch Enclosed
  • Legal Description: FISHER MILLS + GOODHUES ADD TO THE TOWN OF BELOIT N 1/2 LOT 006 BLOCK 012
  • Lvt Date: 05/02/2022
  • Rear: 66.17
  • Side 1: 99
  • Side 2: 99
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 4554
  • Elementary School: Clark Elementary
  • Estimated Total Finished Sq Ft: 1344
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Make Money Fast! Ready for tenants or family needing shared yet separate living quarters. New carpet and paint have freshened it up. Interesting floor plan with one bedroom down and 2 upstairs. Front and rear porches. Great location just blocks to new ABC Supply stadium. Easy to show.
  • Designated Managing Broker Y N: No
  • Separate Electric: No
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1344
  • L O2 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas

Schools

  • Elementary School #2: Riverview Elementary

Tax Info

  • Year: 2021
  • Taxes: 623

MLS Schools

  • HighSchool: South Beloit Sr High
  • School District: South Beloit 320-Cnty of Winnebago
  • Middle School: South Beloit Jr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 9, 2022
Sold by
Ira Resource Inc
Bought by
Scott Trisha E
Seller's Agent
Mike Lunde
Gambino Realtors
Buyer's Agent
Gail Anderson
Century 21 Affiliated
List Price
$59,900
Sold Price
$70,000
Premium/Discount to List
$10,100
16.86%
Current Estimated Value
$90,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,886
Avg. Annual Appreciation
7.13%
Original Mortgage
$56,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scott Trisha E $70,000 Schlueter Ecklund & Davitt/Jh
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Trisha E $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $70,000 +16.9% $52 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $59,900 +263.0% $45 / Sq Ft
02/28/2012 02/28/12 Sold $16,500 -24.7% -- View Prior Sale
01/11/2012 01/11/12 Pending -- -- --
12/04/2011 12/04/11 For Sale $21,900 -- --
Source: NorthWest Illinois Alliance of REALTORS®

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 $533 $10,739 $2,629 $8,110
2022 $658 $7,607 $1,862 $5,745
2021 $636 $7,118 $1,742 $5,376
2020 $623 $6,892 $1,687 $5,205
2019 $624 $6,639 $1,625 $5,014
2018 $625 $6,328 $1,549 $4,779
2017 $621 $6,066 $1,485 $4,581
2016 $611 $5,867 $1,436 $4,431
2015 $304 $5,733 $1,403 $4,330
2014 $639 $5,733 $1,403 $4,330
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mike Lunde

    Gambino Realtors

    Section Image
  • Christine Smith

    Seller Co-Listing Agent in 2022

    Christine Smith

    Real Broker, LLC

    (815) 978-6519

    2 in this area

    126 Total Sales

    Christine Smith
    Section Image

  • G

    Buyer's Agent in 2022

    Gail Anderson

    Century 21 Affiliated

  • Donna Shipler

    Seller's Agent in 2012

    Donna Shipler

    Century 21 Affiliated

    (815) 378-9426

    9 in this area

    36 Total Sales

    Donna Shipler
    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202202587

NorthWest Illinois Alliance of REALTORS®

APN: 04-06-255-005

Illinois Winnebago County South Beloit 61080

522 Illinois St, South Beloit, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.