NOT LISTED FOR SALE

524 S State St Marengo, IL 60152

Estimated Value: $291,316 - $344,000

6 Beds
6 Baths
-- Sq Ft
10,019 Sq Ft Lot Lot

Sale Details

Date Sold: May 16, 2018

Last sale price $229,000

Est. 40% increase in value since last sale

Current estimated payment $2,258 / mo

173 Days on Market

Highlights

  • Multiple Garages
  • 3 Car Attached Garage
  • Heating Available

About This Home

As of May 2018

Great investment opportunity!!! Three- two bed, one bath units.

Last Agent to Sell the Property

David Wolf

Wolf Realty II LLC License #471012589 Listed on: 10/19/2017

Co-Listed By

Donald Wolf

Wolf Realty II LLC License #475081626

Last Buyer's Agent

Matt Lysien

Suburban Life Realty, Ltd License #471003181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,752

Year Built

  • Built in 1983

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 66x154

Parking

  • 3 Car Attached Garage
  • Multiple Garages

Home Design

  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 6 Bathrooms

Basement

  • Crawl Space

Utilities

  • Heating Available
  • Private Water Source

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $18,385
  • Net Operating Income $18,385

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,752

Year Built

Built in 1983

Lot Details

10,019 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1983
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Private

Fee Information

  • Other Expenses $: 8495

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 66X154
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 20

Multi Family

  • Net Operating Income: 18385
  • GrossIncome: 18385
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5752.32
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2012
Sold by
Hertel Dale G and Hertel Genevie M
Bought by
Wences Yimer and Wences Irene
Current Estimated Value
$321,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,750
Interest Rate
4.4%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Wences Yimer $229,000 Wheatland Title Guaranty
Hertel Dale G -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Wences Yimer $171,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2018 05/16/18 Sold $229,000 -6.6% --
04/10/2018 04/10/18 Pending -- -- --
10/19/2017 10/19/17 For Sale $245,133 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,529 $86,042 $13,465 $72,577
2023 $6,414 $75,848 $11,870 $63,978
2022 $6,153 $68,591 $10,734 $57,857
2021 $5,759 $62,497 $9,780 $52,717
2020 $5,680 $59,475 $9,307 $50,168
2019 $6,030 $56,353 $8,818 $47,535
2018 $5,625 $52,785 $8,260 $44,525
2017 $5,468 $50,000 $7,824 $42,176
2016 $5,752 $50,512 $7,310 $43,202
2013 -- $49,421 $7,153 $42,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09782401

Midwest Real Estate Data (MRED)

APN: 11-35-429-026

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