$150,000

532 Lathrop Terrace South Beloit, IL 61080

Estimated payment $871/month

Total Views 8,632
3 Beds
1 Bath
873 Sq Ft
$172 Price per Sq Ft

Highlights

  • Ranch Style House
  • Fenced Yard
  • Forced Air Heating System
  • Solid Surface Countertops
  • Shed

About This Home

Welcome to this 3 bedroom,1 bathroom South Beloit home. This ranch house has a cabin-like feel with a large fenced backyard. There is a school and old farmhouse across the street which help give the property a quiet, open setting. This home has tons of potential with low taxes and being located just across from the Beloit, Wisconsin border. These properties are getting harder to find. Come check out this home today.

Listing Agent

Daren Mangiaracina

Berkshire Hathaway HomeServices Crosby Starck RE License #475200337 Listed on: 10/31/2025

Berkshire Hathaway HomeServices Crosby Starck RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1945

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding
  • Siding

Interior Spaces

  • 873 Sq Ft Home
  • Crawl Space

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Shed

Schools

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

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$977

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fan(s), Countertop-Solid Surface
  • Road Frontage: City/Town
  • Type: City/Town, Subdivision
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Microwave, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 873
  • Exemptions: Owner
  • General Features: Garden Shed, Main Floor Primary, Fenced Yard
  • Legal Description: HEMENWAYS ADD TO SO BELOIT LOT 029
  • Lot Acreage: 0.16
  • Lvt Date: 10/31/2025
  • Number of Main Level Full Bathrooms: 1
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 110877
  • Elementary School: Clark Elementary
  • Estimated Total Finished Sq Ft: 873
  • Garage Type Driveway: Detached, Garage Remote/Opener, Gravel
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Welcome to this 3 bedroom,1 bathroom South Beloit home. This ranch house has a cabin-like feel with a large fenced backyard. There is a school and old farmhouse across the street which help give the property a quiet, open setting. This home has tons of potential with low taxes and being located just across from the Beloit, Wisconsin border. These properties are getting harder to find. Come check out this home today.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 873
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Crawl Space
  • Master Bedroom: Dimensions: 11.6x8, On Level: Main
  • Bedroom 2: Dimensions: 10.10x8, On Level: Main
  • Bedroom 3: Dimensions: 9.3x8, On Level: Main
  • Dining Room: No
  • Family Room: No
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 19x9.9, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 22.4x9.9
  • Recreation Room: No
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Siding, Vinyl
  • Roof: Shingle

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Building Info

  • Year Built: 1945

Tax Info

  • Year: 2024
  • Taxes: 977

MLS Schools

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $977 $18,917 $2,555 $16,362
2023 $355 $8,424 $2,109 $6,315
2022 $370 $7,696 $1,927 $5,769
2021 $382 $7,202 $1,803 $5,399
2020 $387 $6,974 $1,746 $5,228
2019 $402 $6,718 $1,682 $5,036
2018 $534 $6,403 $1,603 $4,800
2017 $549 $6,137 $1,536 $4,601
2016 $446 $5,936 $1,486 $4,450
2015 $227 $5,800 $1,452 $4,348
2014 $528 $5,710 $1,452 $4,258
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 For Sale $150,000 +130.8% $172 / Sq Ft
02/02/2023 02/02/23 Sold $65,000 -9.7% $74 / Sq Ft View Prior Sale
01/13/2023 01/13/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $72,000 +313.8% $82 / Sq Ft
03/18/2013 03/18/13 Sold $17,400 -35.3% $25 / Sq Ft View Prior Sale
02/25/2013 02/25/13 Pending -- -- --
12/18/2012 12/18/12 For Sale $26,900 -- $38 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $65,000 --
Warranty Deed $15,500 Schlueter Ecklund & Davitt/Nn
Source: Public Records

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202506773

NorthWest Illinois Alliance of REALTORS®

APN: 04-05-376-011

Illinois Winnebago County South Beloit 61080

532 Lathrop Terrace, South Beloit, IL

For Sale

Detached

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Listing Agent
Daren Mangiaracina
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Berkshire Hathaway HomeServices Crosby Starck RE
(779) 249-7351