NOT LISTED FOR SALE

602 S 5th Ave Forreston, IL 61030

Estimated Value: $133,000 - $142,000

1 Bed
1 Bath
1,300 Sq Ft
$106/Sq Ft Est. Value

Last Sold December 10, 2014

Last sale price $51,000 $39 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,043/month

105 Days on Market

Highlights

  • Countryside Views
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Ranch Style House

About This Home

As of December 2014

Great location for this 11 year old ranch home. Updated carpet on both levels, new in the lower level. Water softener & refrigerator stay. 2 car garage is heated. Large lot for this efficiency home. Home is all drywalled with no paneling. Currently no laundry hook ups or range are in place. Property is owned by the same owner and lies directly south of 510 S. 5th which is also for sale. Previously use by currently owners as a temporary rental, etc..

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 2003

Lot Details

  • 0.36 Acre Lot

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Countryside Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Forestville Valley 221 Elementary And Middle School
  • Forestville Valley 221 High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Road Frontage: City/Town, Hard Surface Road
  • Type: Country View, Panorama
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 650
  • Estimated Below Grade Finished Sq Ft: 650
  • Front: 123
  • General Features: Laundry None
  • Grid: O1
  • Lot Acreage: 0.36
  • Rear: 123
  • Side 1: 127
  • Side 2: 127
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_209
  • Elementary School: ForestVille Valley 221
  • Estimated Total Finished Sq Ft: 1300
  • Garage Type Driveway: Asphalt, Attached
  • Pertinent Facts: Great location for this 11 year old ranch home. Updated carpet on both levels, new in the lower level. Water softener & refrigerator stay. 2 car garage is heated. Large lot for this efficiency home. Home is all drywalled with no paneling. Currently no laundry hook ups or range are in place. Property is owned by the same owner and lies directly south of 510 S. 5th which is also for sale. Previously use by currently owners as a temporary rental, etc..
  • Rental License: No
  • Designated Managing Broker Y N: Yes
  • L O1 Brokerage Number: 478025685
  • S O1 Brokerage Number: 478025685
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Basement: Finished
  • Family Room: On Level: Lower
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Price Per Sq Ft: 39.23
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Schools

  • School District: ForestVille Valley 221
  • Elementary School: ForestVille Valley 221
  • Middle School: ForestVille Valley 221
  • High School: ForestVille Valley 221
  • Elementary School #2: ForestVille Valley 221

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2013
  • Taxes: 994

MLS Schools

  • HighSchool: ForestVille Valley 221
  • School District: ForestVille Valley 221
  • Middle School: ForestVille Valley 221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Mckean Danny E and Mckean Laura L
Bought by
Mckean Zachary T and Mckean Kyrstn R
Total Days on Market
105
Current Estimated Value
$137,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,670
Outstanding Balance
$75,994
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$64,617

Purchase Details

Listed on
Jul 18, 2014
Closed on
Dec 4, 2014
Sold by
Ruter Dr Keith R and Ruter Karen S
Bought by
Mckean Danny E and Mckean Laura L
List Price
$65,000
Sold Price
$51,000
Premium/Discount to List
-$14,000
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$36,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Mckean Zachary T $104,000 None Available
Mckean Danny E -- Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckean Zachary T $84,670
Previous Owner Mckean Danny E $36,000
Previous Owner Ruter Keith R $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2014 12/10/14 Sold $51,000 -21.5% $39 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $65,000 -- $50 / 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 $3,398 $44,422 $5,448 $38,974
2023 $3,126 $41,435 $5,082 $36,353
2022 $2,918 $37,913 $4,650 $33,263
2021 $2,847 $36,967 $4,534 $32,433
2020 $2,773 $36,314 $4,454 $31,860
2019 $2,694 $34,833 $4,272 $30,561
2018 $2,731 $34,833 $4,272 $30,561
2017 $1,032 $10,734 $4,272 $6,462
2016 $460 $10,480 $4,171 $6,309
2015 $987 $10,234 $4,073 $6,161
2014 $994 $10,234 $4,073 $6,161
2013 $1,014 $10,488 $4,174 $6,314
Source: Public Records

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 114684

NorthWest Illinois Alliance of REALTORS®

APN: 02-33-154-002