NOT LISTED FOR SALE

616 E Prospect St Kewanee, IL 61443

Estimated Value: $63,000 - $87,000

2 Beds
1 Bath
1,124 Sq Ft
$67/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $48,000 $43 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $532/month

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • Guest Parking
  • Ceiling Fan
  • Porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of May 2024

This two-bedroom, one-bath home located in a very desirable Kewanee location, presents so many possibilities. Inside you will find spacious rooms and the perfect canvas to add your personal touch. The expansive walk-up attic presents an excellent opportunity for additional living space, the possibility of a third bedroom, or simply abundant storage solutions. With its prime location and versatile layout, this home offers endless possibilities for comfortable living and customization to suit your needs!

Last Agent to Sell the Property

Phillip Esquer

Arrow Real Estate Inc. License #471.022285 Listed on: 04/25/2024

Last Buyer's Agent

Andrew Welgat

Arrow Real Estate Inc. License #475.208974

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $449

Year Built

  • Built in 1930

Lot Details

  • 8,276

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,124 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage In Attic
  • Unfinished Basement

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Kewanee High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • Level Lot

Community Details

  • Winters Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-33-431-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$449

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Architectural Style: Two Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Hood/Fan, Microwave
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Storage, Cable Available, Ceiling Fan(s), Garage Door Opener(s)
  • Living Area: 1124
  • KitchenDining: Breakfast Bar,Dining Informal

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Guest Parking, On Street, Paved

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Schools

  • High School: Kewanee

Lot Info

  • Lot Size: 116*72
  • Parcel #: 20-33-431-031

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 449
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 5, 2024
Sold by
Finin Gerald D
Bought by
Pereda Alberto
Seller's Agent
Phillip Esquer
Arrow Real Estate Inc.
Buyer's Agent
Andrew Welgat
Arrow Real Estate Inc.
List Price
$59,900
Sold Price
$48,000
Premium/Discount to List
-$11,900
-19.87%
Views
21
Current Estimated Value
$75,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,698
Avg. Annual Appreciation
32.47%

Purchase Details

Closed on
Sep 14, 2015
Sold by
Krause Eric C and Krause Kimberly R
Bought by
Finin Gerald D and Finin Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,620
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2006
Sold by
Krause Rita Ann
Bought by
Krause Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
6.3%
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
Pereda Alberto $48,000 None Listed On Document
Finin Gerald D $46,000 Attorney
Krause Eric C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finin Gerald D $44,620
Previous Owner Krause Eric C $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2024 05/08/24 Sold $48,000 -19.9% $43 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $59,900 -- $53 / 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 $1,628 $26,079 $1,464 $24,615
2023 $1,339 $23,079 $1,296 $21,783
2022 $449 $16,528 $1,179 $15,349
2021 $464 $15,304 $1,092 $14,212
2020 $464 $14,967 $1,068 $13,899
2019 $455 $15,616 $1,114 $14,502
2018 $436 $14,990 $1,141 $13,849
2017 $435 $14,797 $1,126 $13,671
2016 $451 $14,946 $1,137 $13,809
2015 $1,145 $14,696 $1,118 $13,578
2013 $1,145 $15,070 $1,146 $13,924
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Phillip Esquer

    Arrow Real Estate Inc.

    (702) 423-6605

    42 in this area

    65 Total Sales

    Phillip Esquer
    Section Image

  • A

    Buyer's Agent in 2024

    Andrew Welgat

    Arrow Real Estate Inc.

    (309) 883-0363

    11 in this area

    15 Total Sales

    Andrew Welgat
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4252074

RMLS Alliance

APN: 20-33-431-031

Illinois Henry County Kewanee 61443

616 E Prospect St, Kewanee, IL

Not Listed for Sale

Detached

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