NOT LISTED FOR SALE

630 E Madison St Belvidere, IL 61008

Estimated Value: $124,000 - $198,000

3 Beds
2 Baths
1,267 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $56,000 $44 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,119/month

10 Days on Market

Highlights

  • Farmhouse Style Home
  • Forced Air Heating System
  • 5-minute walk to Big Thunder Park
  • Corner Lot

About This Home

As of July 2020

Conventient location and great investment oportunity. 2 unit building could also easily be converted back to a single family or live in one and rent the other, endless possibilities. Washer and dryer on site, pleanty of parking and outdoor storage shed. Easy access to I-90.

Last Agent to Sell the Property

Tammy Engel

RE/MAX Classic License #471001769 Listed on: 06/09/2020

RE/MAX Classic

Co-Listed By

Amy Smith-Heine

RE/MAX Classic License #471000511

Last Buyer's Agent

Jacqueline Zenk

Home Solutions Real Estate License #471005552

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,273

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 95x110
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Stone Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,273

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: TV-Cable
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 95X110
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 2273.34
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 7, 2020
Sold by
Lodge Properties Iv Llc
Bought by
Dickerson Investments Lp
Seller's Agent
Tammy Engel
RE/MAX Classic
Buyer's Agent
Jacqueline Zenk
Home Solutions Real Estate
List Price
$64,850
Sold Price
$56,000
Premium/Discount to List
-$8,850
-13.65%
Current Estimated Value
$157,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,244
Avg. Annual Appreciation
20.77%

Purchase Details

Closed on
Dec 5, 2005
Bought by
Allen Brian W
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
Dickerson Investments Lp $56,000 Fidelity National Title
Allen Brian W $101,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $56,000 -13.6% $44 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $64,850 -- $51 / 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 $3,537 $40,915 $2,830 $38,085
2023 $3,537 $26,660 $4,340 $22,320
2022 $1,638 $22,914 $4,340 $18,574
2021 $2,122 $21,861 $4,340 $17,521
2020 $2,420 $23,472 $4,576 $18,896
2019 $2,290 $35,422 $18,303 $17,119
2018 $2,324 $84,195 $67,722 $16,473
2017 $2,257 $21,211 $4,795 $16,416
2016 $1,872 $16,872 $4,717 $12,155
2015 $1,892 $16,582 $5,897 $10,685
2014 $1,260 $17,326 $5,897 $11,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10741054

Midwest Real Estate Data (MRED)

APN: 05-25-152-015