NOT LISTED FOR SALE

621 N State St Geneseo, IL 61254

Geneseo Area

Estimated Value: $321,634 - $395,000

5 Beds
-- Bath
3,159 Sq Ft
$110/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2024

Last sale price $290,000 $92 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,752 / mo

137 Days on Market

About This Home

As of December 2024

Unit 5- 2BR 1Bth 1 garage rent $635, Unit 6 2BR 1Bth 2 parking Rent $620. All units are in good condition with no renovation needed just general Maintenance. Building has extremely nice back yard with patio for all tenants use. One unit has three season porch and two car garage. Some units have personal washer and dryers. there is a washer and dryer in basement for common use. Two units could be Three bedroom with some modification.

Last Agent to Sell the Property

Joe Schramm

Joseph J Schramm License #B19761000 Listed on: 06/30/2024

Joseph J Schramm

Last Buyer's Agent

Joe Schramm

Joseph J Schramm License #B19761000 Listed on: 06/30/2024

Joseph J Schramm

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,288

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 96.15 x 158

Home Design

  • 3,159 Sq Ft Home
  • Brick Exterior Construction
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Partially Finished Basement

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $2,274
  • Maintenance Expense $4,067
  • Trash Expense $411
  • Water Sewer Expense $2,274
  • Operating Expense $13,213
  • Gross Income $51,060
  • Net Operating Income $29,559

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,288

Year Built

Built in 1929

Lot Details

0.35 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1929
  • Built Before 1978 (Y/N): Yes
  • Legal Description: N 96.15 Ft of S 119.3 Ft of E 158ft Lot 7 Sub of N 1/2 Lot 13 SW Sec 16 T17N R3E Lands Incorp
  • Information: Othr-Call List Agent
  • Estimated Age: Older
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished

Exterior Features

  • Construction Materials: Brick, Aluminum Siding
  • Frontage Type: Paved

Utilities

  • Electric: Separate Meters
  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Trash Expense: 411
  • Water Sewer Expenses: 2274

Lot Info

  • Lot Dimensions: 96.15 X 158
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 3159

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 29559
  • Fuel Expense: 2274
  • GrossIncome: 51060
  • Maintenance Expense: 4067
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 13213

Tax Info

  • Tax Annual Amount: 8288

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Dec 5, 2024
Sold by
Bought by
Seller's Agent
Joe Schramm
Joseph J Schramm
Buyer's Agent
Joe Schramm
Joseph J Schramm
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
Views
40
Current Estimated Value
$348,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,659
Avg. Annual Appreciation
12.12%
Original Mortgage
$290,000
Interest Rate
0.0672%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
0.0342%
Mortgage Type
Future Advance Clause Open End Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$290,000 None Listed On Document
$320,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $290,000
Previous Owner $320,000
Previous Owner $269,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $290,000 -10.8% $92 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
06/30/2024 06/30/24 For Sale $325,000 -- $103 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,223 $128,329 $9,510 $118,819
2024 $9,794 $120,497 $8,930 $111,567
2023 $8,705 $109,742 $8,133 $101,609
2022 $8,289 $101,991 $7,559 $94,432
2021 $8,120 $99,406 $7,367 $92,039
2020 $8,082 $100,329 $7,436 $92,893
2019 $7,829 $99,213 $7,353 $91,860
2018 $7,428 $93,774 $6,950 $86,824
2017 $6,985 $91,398 $6,774 $84,624
2016 $5,849 $71,498 $6,602 $64,896
2015 $5,392 $71,355 $6,589 $64,766
2013 $5,392 $70,019 $6,466 $63,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4254083

Midwest Real Estate Data (MRED)

APN: 08-16-327-046

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