NOT LISTED FOR SALE

531 Northwestern Ave South Beloit, IL 61080

Estimated Value: $117,596 - $163,000

2 Beds
4 Baths
1,439 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $52,500 $36 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $893/month

125 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • 1-minute walk to South Beloit City Park

About This Home

As of May 2019

Two 1 bedroom unit with potential for 2nd bedroom on 1st floor unit which also has an inclosed front porch, 1st floor laundry. Upper unit has LR, KT, Bdrm, 3 season porch. 2 furnaces, c/a, Newer garage roof. Separate utilites. Each unit has use of 1 car garage and one 1 car storage unit. New side deck for upper unit. This property includes two lots. Great potential for owner occupied or convert to single family. Also included are 2 stoves and 2 refrigerators.

Last Agent to Sell the Property

Penny Hansen

Century 21 Affiliated License #475104159 Listed on: 01/04/2019

Century 21 Affiliated

Last Buyer's Agent

Rachel Ralph

DICKERSON & NIEMAN License #475156828

DICKERSON & NIEMAN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 1930

Lot Details

  • 6,098

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,439 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove
  • Laundry in unit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Well
  • Gas Water Heater

Additional Features

  • Deck
  • In Flood Plain

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,362

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1439
  • Front: 100
  • General Features: Deck, Laundry in Unit
  • Legal Description: clarkes add to so beloit alley vac + lot 008 +lot 007
  • Located In Flood Plain: Yes
  • Lvt Date: 01/04/2019
  • Rear: 100
  • Side 1: 118
  • Side 2: 118
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 39930
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 4388
  • Elementary School: Clark Elementary
  • Pertinent Facts: Two 1 bedroom unit with potential for 2nd bedroom on 1st floor unit which also has an inclosed front porch, 1st floor laundry. Upper unit has LR, KT, Bdrm, 3 season porch. 2 furnaces, c/a, Newer garage roof. Separate utilites. Each unit has use of 1 car garage and one 1 car storage unit. New side deck for upper unit. This property includes two lots. Great potential for owner occupied or convert to single family. Also included are 2 stoves and 2 refrigerators.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City
  • Water: Well
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1930

Tax Info

  • Year: 2017
  • Taxes: 1362

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
Jan 4, 2019
Closed on
May 22, 2019
Sold by
Halvorsen George W
Bought by
Prime Property Rentals Llc
Seller's Agent
Penny Hansen
Century 21 Affiliated
Buyer's Agent
Rachel Ralph
DICKERSON & NIEMAN
List Price
$64,900
Sold Price
$52,500
Premium/Discount to List
-$12,400
-19.11%
Current Estimated Value
$135,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,649
Avg. Annual Appreciation
15.82%

Purchase Details

Listed on
Oct 23, 2015
Closed on
Mar 1, 2016
Sold by
Brian Fox and Brian Susan
Bought by
Halvorsen Turtle
Seller's Agent
Lori Reavis
Century 21 Affiliated
Buyer's Agent
Penny Hansen
Century 21 Affiliated
List Price
$42,000
Sold Price
$34,500
Premium/Discount to List
-$7,500
-17.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%

Purchase Details

Closed on
Dec 18, 2006
Bought by
Fox Brian and Fox Susan
Source: Public Records

Range of Values:

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Average Value
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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
Prime Property Rentals Llc $52,500 None Listed On Document
Halvorsen Turtle $34,500 Title Underwriters Agency
Fox Brian $89,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2019 05/22/19 Sold $52,500 -12.4% $36 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $59,900 -7.7% $42 / Sq Ft
01/04/2019 01/04/19 For Sale $64,900 +88.1% $45 / Sq Ft
03/01/2016 03/01/16 Sold $34,500 -17.9% $24 / Sq Ft View Prior Sale
02/01/2016 02/01/16 Pending -- -- --
10/23/2015 10/23/15 For Sale $42,000 -- $29 / 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 $2,233 $29,532 $2,149 $27,383
2023 $1,368 $16,493 $1,774 $14,719
2022 $1,303 $15,068 $1,621 $13,447
2021 $1,260 $14,101 $1,517 $12,584
2020 $1,235 $13,653 $1,469 $12,184
2019 $1,237 $13,152 $1,415 $11,737
2018 $1,238 $12,536 $1,349 $11,187
2017 $1,229 $12,016 $1,293 $10,723
2016 $1,198 $11,500 $1,251 $10,249
2015 $795 $21,000 $1,222 $19,778
2014 $1,748 $22,489 $1,222 $21,267
Source: Public Records

Agents Affiliated with this Home

  • Penny Hansen

    Seller's Agent in 2019

    Penny Hansen

    Century 21 Affiliated

    (608) 751-1096

    6 in this area

    154 Total Sales

    Penny Hansen
    Section Image

  • R

    Buyer's Agent in 2019

    Rachel Ralph

    DICKERSON & NIEMAN

    Section Image
  • Lori Reavis

    Seller's Agent in 2016

    Lori Reavis

    Century 21 Affiliated

    (815) 988-1764

    9 in this area

    170 Total Sales

    Lori Reavis
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201900013

NorthWest Illinois Alliance of REALTORS®

APN: 04-05-306-008

Illinois Winnebago County South Beloit 61080

531 Northwestern Ave, South Beloit, IL

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