NOT LISTED FOR SALE

607 7th St Colona, IL 61241

Estimated Value: $143,925 - $164,000

4 Beds
3 Baths
2,136 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $97,000 $45 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,127/month

23 Days on Market

About This Home

As of June 2017

This has been well maintained and is so easy to rent! Very few duplexes in Colona! Per seller: New roof & insulation in 2005. Right unit- furnace, a/c 2015. appliances 2014. windows & carpet 2016. counter tops 2016. Left unit- windows & carpet 2015. Bathroom floor & foyer 2016. Each side rents for $650. Owner pays $100 per month toward water. Right side lease til 7/2017. Left side lease til 2/2018.Need at least 24 hours to show. ***See attached flood map - this is out of the 100 yr flood zone*** Seller does not need flood insurance.

Last Agent to Sell the Property

Candice Shamsie

Ruhl&Ruhl REALTORS Moline License #471.008914/S38828000 Listed on: 05/01/2017

Ruhl&Ruhl REALTORS Moline

Last Buyer's Agent

Gary Williams

Ruhl&Ruhl REALTORS Moline License #475.139141/S40137000

Ruhl&Ruhl REALTORS Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 1978

Lot Details

  • 9,148

Home Design

  • Duplex

Schools

  • Colona Elementary School
  • United Township High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,661

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Lot 18 Block 22 Ryans Gardens
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Finished, Full
  • Price Per Sq Ft: 45.41
  • Total Sq Ft: 2136

Exterior Features

  • Exterior: Aluminum Siding, Brick
  • Road Access: Paved

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Gas, Central Air
  • Laundry Facilities: Private

Schools

  • Elementary School: Colona
  • High School: United Township

Lot Info

  • Estimated Lot Size: 60 X 150
  • Lot Description: Level
  • Subdivision: Ryan Garden
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 15600
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 3661
  • Parcel Id Number Tax Id: 0610402013
  • Tax Year: 2015

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 15600
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Colona

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 29, 2017
Sold by
Kettelkamp Steven J and Gail Kettelkamp P
Bought by
Jones Lease Properties Llc
Seller's Agent
Candice Shamsie
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Gary Williams
Ruhl&Ruhl REALTORS Moline
List Price
$115,000
Sold Price
$97,000
Premium/Discount to List
-$18,000
-15.65%
Current Estimated Value
$157,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,731
Avg. Annual Appreciation
5.87%
Original Mortgage
$92,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 22, 2011
Sold by
Kettelkamp Steven J and Gail Kettelkamp P
Bought by
Kettelkamp Steven J and Gail Kettelkamp P

Purchase Details

Closed on
Apr 15, 2005
Sold by
Kaple William E and Kaple Sharon M
Bought by
Kettlekamp Steven J and Gail Kettlekamp P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.06%
Mortgage Type
New Conventional
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
Jones Lease Properties Llc $97,000 Midwest Community Title
Kettelkamp Steven J -- None Available
Kettelkamp Steven J -- None Available
Kettlekamp Steven J $101,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jones Lease Properties Llc $92,000
Previous Owner Kettlekamp Steven J $80,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $97,000 -15.7% $45 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $115,000 -- $54 / 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 $3,635 $39,358 $2,907 $36,451
2023 $3,553 $36,476 $2,694 $33,782
2022 $3,295 $33,160 $2,449 $30,711
2021 $3,390 $33,663 $3,554 $30,109
2020 $3,255 $31,963 $3,374 $28,589
2019 $3,255 $32,199 $3,399 $28,800
2018 $3,203 $32,007 $3,379 $28,628
2017 $3,171 $32,330 $3,413 $28,917
2016 $3,729 $38,147 $3,369 $34,778
2015 $3,024 $37,325 $3,296 $34,029
2013 $3,024 $36,521 $3,225 $33,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4181931

RMLS Alliance

APN: 06-10-402-013