NOT LISTED FOR SALE

573 Scotch Elm Ln Galesburg, IL 61401

Estimated Value: $128,000 - $154,000

2 Beds
1 Bath
1,120 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $113,000 $101 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $972/month

125 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • 1 Car Detached Garage
  • Patio

About This Home

As of March 2023

Available and waiting for you to move right in is this darling 2 bedroom 1 bathroom home. Abundant character throughout including desired builtins, a woodburning fireplace and large windows bringing in heaps of natural light. Single story space galore with a sizable eat in kitchen, informal dining, spacious bedrooms, plentiful storage and a useable basement ready for entertainment. The brick exterior makes a bold statement and adds to the appealing aesthetic. Placed on a fine corner lot with a covered patio and a detached garage. This property is sure to go fast! Don't delay...make your appointment today!

Last Agent to Sell the Property

Sara Varner

Platinum Key Real Estate, LLC License #471020643 Listed on: 09/14/2022

Last Buyer's Agent

Randy Wilson

eXp Realty License #475186089

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,859

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 77.8 x 148.1
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Galesburg High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Not Available Subdivision

Listing and Financial Details

  • Assessor Parcel Number 99-03-304-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,859

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Living Area: 1120
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Brick, Wood Siding, Frame
  • Exterior Features: Patio
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Central
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Galesburg

Lot Info

  • Lot Size: 77.8 x 148.1
  • Parcel #: 99-03-304-007

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1858.64
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Mar 2, 2023
Sold by
Wagher Dick
Bought by
Day Kevin T
Seller's Agent
Sara Varner
Platinum Key Real Estate, LLC
Buyer's Agent
Randy Wilson
eXp Realty
List Price
$119,000
Sold Price
$113,000
Premium/Discount to List
-$6,000
-5.04%
Views
94
Current Estimated Value
$136,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,818
Avg. Annual Appreciation
7.51%
Original Mortgage
$110,953
Outstanding Balance
$107,719
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$29,099
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Day Kevin T $113,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Kevin T $110,953
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2023 03/07/23 Sold $113,000 -1.7% $101 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
10/10/2022 10/10/22 Price Changed $114,900 -3.4% $103 / Sq Ft
09/14/2022 09/14/22 For Sale $119,000 -- $106 / 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 $3,021 $38,560 $4,990 $33,570
2023 $3,021 $37,330 $4,830 $32,500
2022 $1,981 $31,900 $4,830 $27,070
2021 $1,859 $30,100 $4,560 $25,540
2020 $1,889 $30,100 $4,560 $25,540
2019 $1,845 $29,510 $4,470 $25,040
2018 $1,839 $29,510 $4,340 $25,170
2017 $1,768 $28,650 $4,210 $24,440
2015 -- $28,230 $4,150 $24,080
2013 $1,656 $28,510 $4,190 $24,320
Source: Public Records

Agents Affiliated with this Home

  • Sara Varner

    Seller's Agent in 2023

    Sara Varner

    Platinum Key Real Estate, LLC

    (309) 335-3573

    313 in this area

    544 Total Sales

    Sara Varner
    Section Image
  • Randy Wilson

    Buyer's Agent in 2023

    Randy Wilson

    eXp Realty

    (309) 337-5003

    153 in this area

    290 Total Sales

    Randy Wilson
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1017979

RMLS Alliance

APN: 99-03-304-007

Illinois Knox County Galesburg 61401

573 Scotch Elm Ln, Galesburg, IL

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