NOT LISTED FOR SALE

602 W Elk St Freeport, IL 61032

Estimated Value: $70,000 - $87,000

2 Beds
1.5 Baths
1,552 Sq Ft
$51/Sq Ft Est. Value

Last Sold November 19, 2012

Last sale price $14,700 $9 Per Sq Ft

Est. 443% increase in value since last sale

Current estimated payment $559/month

63 Days on Market

About This Home

As of November 2012

NEW REQUIREMENTS: Days in MLS – 1 through 15 – open to owner occupancy buyers used as their primary residences, or owner occupancy buyers used for 2nd home ONLY – 16 days and after open to all buyers. Property sold "As Is" – NO WARRANTIES. All offers presented to listing agent must have the buyers sign the Freddie Mac Addendum to Contract - copies of all forms in Associated Documents in MLS, 14 pages. Also, all offers must have a letter of pre-qualification from a bank. Cash offers need letter from bank with proof of funds to close. Property must be in the MLS for 48 hours before any offers will be considered by Seller. If multiple offers come in, buyer will have to sign form giving highest and best offer. Newer windows, large living room, home does need some work, located on corner lot near downtown area. Please see Private Remarks for current promotions and closing date requirements, etc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1892

Lot Details

  • 6,360

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Road Frontage: City/Town
  • Type: Other
  • Electric: Circuit Breaker
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1058
  • Front: 60
  • General Features: Laundry 1st Floor
  • Grid: Freeport
  • Rear: 60
  • Side 1: 106
  • Side 2: 106
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_45
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 1552
  • Estimated Upper Sq Ft: 495
  • Garage Type Driveway: Gravel, None
  • Pertinent Facts: NEW REQUIREMENTS: Days in MLS – 1 through 15 – open to owner occupancy buyers used as their primary residences, or owner occupancy buyers used for 2nd home ONLY – 16 days and after open to all buyers. Property sold "As Is" – NO WARRANTIES. All offers presented to listing agent must have the buyers sign the Freddie Mac Addendum to Contract - copies of all forms in Associated Documents in MLS, 14 pages. Also, all offers must have a letter of pre-qualification from a bank. Cash offers need letter from bank with proof of funds to close. Property must be in the MLS for 48 hours before any offers will be considered by Seller. If multiple offers come in, buyer will have to sign form giving highest and best offer. Newer windows, large living room, home does need some work, located on corner lot near downtown area. Please see Private Remarks for current promotions and closing date requirements, etc.
  • Rental License: No
  • L O1 Brokerage Number: 481013203
  • S O1 Brokerage Number: 481000348
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Basement Type: Partial
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Dining Room: On Level: Main
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Price Per Sq Ft: 9.47
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Utilities

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

Schools

  • School District: Freeport 145
  • Elementary School: Freeport 145
  • Middle School: Freeport 145
  • High School: Freeport 145
  • Elementary School #2: Freeport 145

Building Info

  • Year Built: 1892

Tax Info

  • Year: 2011
  • Taxes: 895

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2012
Closed on
Dec 4, 2012
List Price
$34,900
Sold Price
$14,700
Premium/Discount to List
-$20,200
-57.88%
Current Estimated Value
$79,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,091
Avg. Annual Appreciation
14.18%
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
-- $14,700 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2012 11/19/12 Sold $14,700 -57.9% $9 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $34,900 -- $22 / 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 $1,488 $19,189 $1,771 $17,418
2023 $1,419 $16,604 $1,829 $14,775
2022 $2,061 $16,604 $1,829 $14,775
2021 $1,779 $13,589 $1,772 $11,817
2020 $987 $13,589 $1,772 $11,817
2019 $898 $12,097 $1,772 $10,325
2018 $899 $11,796 $1,772 $10,024
2017 $900 $11,585 $1,772 $9,813
2016 $889 $11,709 $1,772 $9,937
2015 $1,782 $13,840 $1,774 $12,066
2013 $1,127 $15,425 $1,871 $13,554
Source: Public Records

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 111482

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-307-021