NOT LISTED FOR SALE

550 Monroe St Galesburg, IL 61401

Estimated Value: $96,348 - $114,000

2 Beds
2 Baths
1,554 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $90,000 $58 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $730/month

About This Home

As of July 2022

Remodeled top to bottom and ready for you to just move right in! This 2+ bedroom 2 bathroom home has so much to offer including numerous upgrades and an abundance of character. You will appreciate the interior updates like the newer furnace, some new light fixtures and ceiling fans, fresh paint throughout, new flooring, some new appliances, remodeled kitchen and most new plumbing. The exterior boasts many upgrades as well such as 2 new decks, remodeled front porch and steps and 2 new storm doors. Smothered in charm with builtins, stunning natural woodwork, a family room with a distinct wood beam, plenty of storage space and many windows and natural light. Placed on a partially fenced deep lot in an established neighborhood close to shopping and restaurants. This wise investment won't last long! Get your private tour scheduled now!

Last Agent to Sell the Property

Sara Varner

Platinum Key Real Estate, LLC License #471020643 Listed on: 06/09/2022

Last Buyer's Agent

Marissa Meyer

Platinum Key Real Estate, LLC License #475192132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,041

Year Built

  • Built in 1896

Lot Details

  • 0.28

Parking

  • Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,041

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: FINCH S ADDN LOT 6 BLK 4
  • Lvt Date: 06/09/2022
  • Year Built: 1896
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range/Oven
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 13.8x9.6, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Brick
  • Master Bedroom Egress Window: Yes
  • Bedroom 2: Dimensions: 10.7x13, On Level: Upper, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Family Room: Dimensions: 21.4x18.1, On Level: Main, Flooring: Hardwood
  • Formal Dining Room: Dimensions: 15.1x9.5, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 15.3x16.3, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Eat-In Kitchen
  • Living Room: Dimensions: 11.5x11, On Level: Main, Flooring: Hardwood
  • Price Per Sq Ft: 57.92
  • Finished Sq Ft: 1554
  • Total Sq Ft: 1554
  • Finished Main Level Sq Ft: 1121
  • Upper Level Finished Sq Ft: 433

Exterior Features

  • Exterior: Vinyl Siding, Wood Siding
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Electric, Gas, Baseboard, Forced Air, Central Air
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Estimated Lot Size: 66 x 181
  • Lot Description: Level
  • Subdivision: Not Available
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 2040.6
  • Parcel Id Number Tax Id: 99-10-301-016
  • Tax Year: 2021

MLS Schools

  • High School School District: Galesburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 20, 2022
Sold by
Hagerty Roger W
Bought by
Beek Aaron L
Seller's Agent
Sara Varner
Platinum Key Real Estate, LLC
Buyer's Agent
Marissa Meyer
Platinum Key Real Estate, LLC
List Price
$92,900
Sold Price
$90,000
Premium/Discount to List
-$2,900
-3.12%
Current Estimated Value
$105,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,337
Avg. Annual Appreciation
4.91%
Original Mortgage
$72,000
Outstanding Balance
$64,960
Interest Rate
5.5%
Mortgage Type
Construction
Estimated Equity
$40,377

Purchase Details

Closed on
Feb 1, 2004
Bought by
Scholey Jean E and Scholey Keith
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
Beek Aaron L $90,000 Attorney Only
Scholey Jean E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beek Aaron L $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2022 07/20/22 Sold $90,000 -3.1% $58 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $92,900 +257.3% $60 / Sq Ft
09/13/2021 09/13/21 Sold $26,000 -42.2% $11 / Sq Ft View Prior Sale
08/29/2021 08/29/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $45,000 -- $19 / Sq Ft
Source: RMLS Alliance

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 $2,114 $30,360 $2,930 $27,430
2023 $2,114 $29,400 $2,840 $26,560
2022 $493 $9,650 $2,840 $6,810
2021 $2,041 $20,970 $2,680 $18,290
2020 $2,074 $20,970 $2,680 $18,290
2019 $2,050 $20,560 $2,630 $17,930
2018 $949 $20,550 $2,550 $18,000
2017 $898 $19,960 $2,480 $17,480
2015 -- $19,660 $2,440 $17,220
2013 $1,276 $19,860 $2,460 $17,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1014823

RMLS Alliance

APN: 99-10-301-016