NOT LISTED FOR SALE

603 Garfield Ave Belvidere, IL 61008

Estimated Value: $212,000 - $309,000

6 Beds
4 Baths
3,243 Sq Ft
$75/Sq Ft Est. Value

Last Sold November 18, 2013

Last sale price $27,900 $9 Per Sq Ft

Est. 774% increase in value since last sale

Current estimated payment $1,692/month

274 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Heating System Uses Steam

About This Home

As of November 2013

What an opportunity to purchase a 4-unit property at an incredible price. SOLD AS-IS W/ NO DISCLOSURES, SURVEY OR TERMITE PROVIDED BY SELLER. BUYER RESPONSIBLE FOR CITY INSPECTIONS & VIOLATIONS IF ANY. SELLER RESERVES THE RIGHT TO REJECT ANY OFFER. PRE-APPROVAL LETTER OR POF W/ALL OFFERS. TAXES PRORATED AT 100%; EM MUST BE CERTIFIED FUNDS

Last Agent to Sell the Property

Cheryl Curtis-Barmore

Empire Realty II License #471014519 Listed on: 12/28/2012

Last Buyer's Agent

Cheryl Curtis-Barmore

Empire Realty II License #471014519 Listed on: 12/28/2012

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 132 x 110 x 132 x 85
  • Corner Lot

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Washington Elementary School
  • Belvidere South Middle School
  • Belvidere High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter, Stone
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • Elementary School: WASHINGTON ELEMENTARY SCHOOL
  • High School: BELVIDERE HIGH SCHOOL
  • Middle/Junior School: BELVIDERE SOUTH MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 132 X 110 X 132 X 85
  • Zoning: OTHER
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 3646
  • Tax Year: 2011
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2012
Closed on
Dec 17, 2013
Bought by
Martinez Gerardo
Seller's Agent
Cheryl Curtis-Barmore
Empire Realty II
Buyer's Agent
Cheryl Curtis-Barmore
Empire Realty II
List Price
$34,900
Sold Price
$27,900
Premium/Discount to List
-$7,000
-20.06%
Current Estimated Value
$243,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,825
Avg. Annual Appreciation
19.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Gerardo $27,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2013 11/18/13 Sold $27,900 0.0% $9 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
09/04/2013 09/04/13 Price Changed $27,900 -6.7% $9 / Sq Ft
07/01/2013 07/01/13 Price Changed $29,900 -14.3% $9 / Sq Ft
06/17/2013 06/17/13 Price Changed $34,900 0.0% $11 / Sq Ft
06/17/2013 06/17/13 For Sale $34,900 -12.5% $11 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
03/12/2013 03/12/13 Price Changed $39,900 -20.0% $12 / Sq Ft
02/03/2013 02/03/13 Price Changed $49,900 -16.7% $15 / Sq Ft
12/27/2012 12/27/12 For Sale $59,900 -- $18 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,025 $58,129 $5,854 $52,275
2023 $5,025 $43,134 $8,977 $34,157
2022 $3,677 $37,968 $8,977 $28,991
2021 $3,508 $36,143 $8,977 $27,166
2020 $3,422 $33,185 $9,465 $23,720
2019 $3,246 $59,146 $37,859 $21,287
2018 $3,328 $120,574 $99,895 $20,679
2017 $3,192 $30,000 $9,918 $20,082
2016 $3,077 $27,736 $9,757 $17,979
2015 $3,195 $28,002 $12,197 $15,805
2014 $1,206 $29,437 $12,197 $17,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08239938

Midwest Real Estate Data (MRED)

APN: 05-36-102-006