NOT LISTED FOR SALE

564 Phillips St Galesburg, IL 61401

Estimated Value: $83,000 - $88,091

2 Beds
1 Bath
884 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $48,500 $55 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $589/month

About This Home

As of August 2015

Cute 2/3 bedroom bungalow waiting for your special touch! Extra-large living room allows space for a dining room table. Kitchen offers a desk/writing area and a nook for light meals. Main floor features 2 bedrooms with closets and a full bathroom. Upstairs has a potential third bedroom or would be a great hobby room or play room. See supplement in documents.

Last Agent to Sell the Property

Chuck Ross

Mel Foster Co. Galesburg License #471017532 Listed on: 05/05/2015

Mel Foster Co. Galesburg

Last Buyer's Agent

Chuck Ross

Mel Foster Co. Galesburg License #471017532 Listed on: 05/05/2015

Mel Foster Co. Galesburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 1920

Lot Details

  • 6,447

Home Design

  • Bungalow

Laundry

  • Dryer
  • Washer

Schools

  • Nielson Elementary School

Additional Features

  • Oven or Range
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,711

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Unit Style: 1-Level
  • Legal Description: EAST PARK PLACE S 1/2 LOT 6 & LOT 7 BLK 4
  • Year Built: 1920
  • Wheelchair Accessible: Potential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Oven, Washer
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12x11
  • Basement Foundation: Full
  • Bedroom 2: Dimensions: 11x11
  • Bedroom 3: Dimensions: 9x8
  • Kitchen: Dimensions: 15.9x13.5
  • Living Room: Dimensions: 24x13.5
  • Total Basement Sq Ft: 884
  • Price Per Sq Ft: 54.86
  • Finished Sq Ft: 884
  • Total Sq Ft: 884
  • Finished Main Level Sq Ft: 884

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Garage Parking: Detached
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Water
  • Utility Companies: Ameren Illinois

Schools

  • Elementary School: Nielson

Lot Info

  • Estimated Lot Size: 128.87 x 49.5
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 4.8
  • Parcel Id Number Tax Id: 99-11-426-014
  • Tax Exemptions: Homestead/Owner Occupied, Senior Freeze, Senior Homestead
  • Tax Year: 2014

MLS Schools

  • High School School District: Galesburg
  • Middle School: Lombard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
Aug 31, 2015
Sold by
Sanford Doreen L
Bought by
Reynolds Justin D and Reynolds Kimberly M
Seller's Agent
Chuck Ross
Mel Foster Co. Galesburg
Buyer's Agent
Chuck Ross
Mel Foster Co. Galesburg
List Price
$48,000
Sold Price
$48,500
Premium/Discount to List
$500
1.04%
Current Estimated Value
$85,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,773
Avg. Annual Appreciation
5.71%
Original Mortgage
$43,950
Outstanding Balance
$34,731
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$50,542
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
Reynolds Justin D $48,500 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Justin D $43,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $48,500 +1.0% $55 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $48,000 -- $54 / 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 $1,711 $24,440 $2,250 $22,190
2023 $1,711 $23,670 $2,180 $21,490
2022 $1,128 $17,900 $2,180 $15,720
2021 $1,060 $16,890 $2,060 $14,830
2020 $1,077 $16,890 $2,060 $14,830
2019 $1,053 $16,560 $2,020 $14,540
2018 $1,050 $16,570 $1,960 $14,610
2017 $1,010 $16,080 $1,900 $14,180
2015 -- $15,960 $1,870 $14,090
2013 $93 $16,120 $1,890 $14,230
Source: Public Records

Agents Affiliated with this Home

  • Chuck Ross

    Seller's Agent in 2015

    Chuck Ross

    Mel Foster Co. Galesburg

    (309) 277-7702

    86 in this area

    118 Total Sales

    Chuck Ross
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Map

Source: RMLS Alliance

MLS Number: RMACA153640

RMLS Alliance

APN: 99-11-426-014

Illinois Knox County Galesburg 61401

564 Phillips St, Galesburg, IL

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