Seller's Agent in 2024
Judy Somers
Palen Real Estate
(815) 674-7502
48 Total Sales
601 W 3rd St Gilman, IL 60938
Estimated Value: $63,000 - $202,000
3
Beds
2
Baths
1,411
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Living Room
- Dining Room
- Enclosed Patio or Porch
- Laundry Room
- Family Room
About This Home
As of October 2024Welcome to this three-bedroom, two-bathroom home situated on an expansive half an acre corner lot with mature trees. The spacious corner lot provides ample room for outdoor activities, gardening, or future expansion. The detached two-car garage adds additional storage space, perfect for hobbies or extra vehicles. While the home could use some TLC, it holds incredible potential to become a true gem with a bit of vision and effort. Whether you're a first-time buyer or looking for a project to make your own, this property is ready for you to turn it into a wonderful family home. Don't miss out on this opportunity to invest in a property with so much promise.
Last Agent to Sell the Property
Palen Real Estate License #475125301 Listed on: 05/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,255
Year Built
- Built in 1880
Parking
- 2 Car Detached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 1,411 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Schools
- Iroquois West Elementary School
- Iroquois West Junior High School
- Iroquois West High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
Additional Features
- Enclosed Patio or Porch
- Lot Dimensions are 150 x 150
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2024
Closed on
Oct 31, 2024
Sold by
Bought by
Seller's Agent
Judy Somers
Palen Real Estate
Buyer's Agent
Judy Somers
Palen Real Estate
List Price
$70,000
Sold Price
$55,000
Premium/Discount to List
-$15,000
-21.43%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,000
Avg. Annual Appreciation
56.79%
Original Mortgage
$291,573
Outstanding Balance
$208,615
Interest Rate
6.08%
Mortgage Type
Seller Take Back
Estimated Equity
-$93,615
Purchase Details
Closed on
Apr 24, 2024
Sold by
Bought by
Purchase Details
Listed on
Mar 12, 2021
Closed on
Oct 5, 2021
Sold by
Bought by
Seller's Agent
Steven Holsapple
Gold Key Realty Corporation
Buyer's Agent
Steven Holsapple
Gold Key Realty Corporation
Sold Price
$76,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$103,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 13, 2010
Bought by
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $55,000 | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $54,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $291,573 | ||
| Previous Owner | $103,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $55,000 | -21.4% | $39 / Sq Ft | |
| 09/24/2024 09/24/24 | Pending | -- | -- | -- | |
| 08/17/2024 08/17/24 | For Sale | $70,000 | +27.3% | $50 / Sq Ft | |
| 05/02/2024 05/02/24 | Off Market | $55,000 | -- | -- | |
| 05/01/2024 05/01/24 | For Sale | $70,000 | -8.5% | $50 / Sq Ft | |
| 10/05/2021 10/05/21 | Sold | $76,500 | -14.9% | $54 / Sq Ft | View Prior Sale |
| 09/01/2021 09/01/21 | Pending | -- | -- | -- | |
| 06/15/2021 06/15/21 | For Sale | -- | -- | -- | |
| 05/24/2021 05/24/21 | Pending | -- | -- | -- | |
| 05/24/2021 05/24/21 | For Sale | -- | -- | -- | |
| 05/07/2021 05/07/21 | Price Changed | $89,900 | -3.2% | $64 / Sq Ft | |
| 03/12/2021 03/12/21 | For Sale | $92,900 | -- | $66 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,386 | $23,650 | $9,910 | $13,740 |
| 2023 | $1,386 | $22,360 | $9,370 | $12,990 |
| 2022 | $1,268 | $22,140 | $9,280 | $12,860 |
| 2021 | $1,614 | $18,920 | $7,930 | $10,990 |
| 2020 | $1,631 | $17,630 | $7,390 | $10,240 |
| 2019 | $1,041 | $17,050 | $7,150 | $9,900 |
| 2018 | $1,001 | $16,600 | $6,960 | $9,640 |
| 2017 | $1,000 | $16,310 | $6,840 | $9,470 |
| 2016 | $1,002 | $16,310 | $6,840 | $9,470 |
| 2015 | $926 | $16,100 | $6,750 | $9,350 |
| 2014 | $926 | $15,810 | $6,630 | $9,180 |
| 2013 | $1,068 | $16,500 | $6,920 | $9,580 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Somers
-
Steven Holsapple
Seller's Agent in 2021
Steven Holsapple
Gold Key Realty Corporation
(815) 263-5201
54 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12044285
APN: 16-31-433-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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