NOT LISTED FOR SALE

544 Shirland Ave South Beloit, IL 61080

Estimated Value: $101,000 - $136,000

-- Bed
-- Bath
1,460 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $50,000 $34 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $833/month

32 Days on Market

About This Home

As of December 2021

Great Investment opportunity! 2 family in South Beloit School District! Upper unit is completely redone including electric, plumbing, tankless hot water heater, flooring and windows, all painted and move in ready! Lower unit has long term tenant. New water heater in lower unit. Separate utilities. Roof 2019. Property is being sold "As Is".

Last Agent to Sell the Property

Cathy Fiebig

Keller Williams Realty Signature License #475176937 Listed on: 11/02/2021

Keller Williams Realty Signature

Last Buyer's Agent

Jason Sarwar

Berkshire Hathaway HomeServices Crosby Starck RE License #475131673

Berkshire Hathaway HomeServices Crosby Starck RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,846

Lot Details

  • 5,663

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

Schools

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

Utilities

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

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,846

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1460
  • Front: 45.67
  • Grid: 32
  • Legal Description: FISHER MILLS + GOODHUES ADD TO THE TOWN OF BELOIT BEG AT THE NE COR LOT 3 TH S 132.18 FT W 42.5 FT N 42.5 FT NWLY 10 FT N 80 FT TH E 45.67 FT TO POB PT LOT 3 BLOCK 10
  • Lvt Date: 11/02/2021
  • Rear: 42.5
  • Side 1: 132.18
  • Side 2: 132.5
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 58971
  • Annual Insurance Expense: 172
  • Maintenance Yr: 2000
  • Management Yr: 600
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 2
  • Other Yr: 700
  • Utilities Yr: 600
  • Agent Only_ L A1 User Code: 110267
  • Elementary School: Clark Elementary
  • Estimated Total Finished Sq Ft: 1460
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Great Investment opportunity! 2 family in South Beloit School District! Upper unit is completely redone including electric, plumbing, tankless hot water heater, flooring and windows, all painted and move in ready! Lower unit has long term tenant. New water heater in lower unit. Separate utilities. Roof 2019. Property is being sold "As Is".
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1460
  • L O1 Brokerage Number: 481011334
  • S O1 Brokerage Number: 481011334
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 34.25
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 3

Utilities

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

Schools

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

Tax Info

  • Year: 2020
  • Taxes: 1846

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

Closed on
Jan 4, 2024
Sold by
Simba Rentals Llc
Bought by
Jimmy Donahue Investments Llc
Current Estimated Value
$119,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Outstanding Balance
$78,721
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$40,503

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 16, 2021
Sold by
Brady and Sarah
Bought by
Simba Rentals Llc
Seller's Agent
Cathy Fiebig
Keller Williams Realty Signature
Buyer's Agent
Jason Sarwar
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$69,999
Sold Price
$50,000
Premium/Discount to List
-$19,999
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.72%

Purchase Details

Closed on
Apr 29, 2005
Bought by
Brady Scott
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
Jimmy Donahue Investments Llc $110,000 None Listed On Document
Simba Rentals Llc $50,000 None Listed On Document
Brady Scott $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimmy Donahue Investments Llc $88,000
Previous Owner Simba Rentals Llc $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $50,000 -19.4% $34 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
11/19/2021 11/19/21 Price Changed $62,000 -11.4% $42 / Sq Ft
11/02/2021 11/02/21 For Sale $69,999 -- $48 / 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 $2,404 $31,793 $2,367 $29,426
2023 $2,044 $24,652 $1,836 $22,816
2022 $1,948 $22,521 $1,677 $20,844
2021 $1,883 $21,075 $1,569 $19,506
2020 $1,846 $20,406 $1,519 $18,887
2019 $1,848 $19,657 $1,463 $18,194
2018 $1,825 $18,735 $1,394 $17,341
2017 $1,837 $17,957 $1,336 $16,621
2016 $1,809 $17,368 $1,292 $16,076
2015 $1,800 $16,970 $1,262 $15,708
2014 $1,914 $16,970 $1,262 $15,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202107223

NorthWest Illinois Alliance of REALTORS®

APN: 04-06-254-021