Seller's Agent in 2025
Tamara Berman
CENTURY 21 New Heritage
(815) 790-0835
22 in this area
59 Total Sales
635 3rd Ave Marengo, IL 60152
3
Beds
3
Baths
2,398
Sq Ft
0.53
Acres
Highlights
- Bonus Room
- Living Room
- Entrance Foyer
- Workshop
- Laundry Room
- Storage Room
About This Home
As of April 2025Smart Investment Opportunity - Priced Below Replacement Cost! Looking to maximize your homeownership investment while hedging against inflation? This rare opportunity at 635 3rd Ave, Marengo, IL offers incredible value, priced below the cost of replacement! This spacious 3-bedroom, 3-bath home sits on an oversized lot, offering expansive living spaces rarely found in homes of this era. Built in the 1970s, it boasts larger-than-average rooms, a huge family room, and a 40 x 25 indoor pool area-a feature nearly impossible to replicate at today's construction costs. While the home is in need of updating, its solid bones and unparalleled potential make it a savvy investment for those looking to add equity and increase value through strategic renovations. With soaring construction and material costs, buying a home at this price point is a smart financial move-especially when you consider the long-term benefits of real estate as a hedge against inflation. Located in the emerging community of Marengo, poised for growth with new I-90 access, further securing its value for the future. Whether you're an investor, a homeowner looking to personalize your space, or someone who understands the long-term financial advantages of real estate ownership, this property presents a rare chance to buy smart and build wealth. Don't miss out-opportunities like this priced-below-replacement home don't last! Secure your financial future in real estate today.
Last Agent to Sell the Property
CENTURY 21 New Heritage License #475178891 Listed on: 02/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,127
Year Built
- Built in 1971
Lot Details
- Lot Dimensions are 165x132
Parking
- 2 Car Garage
Interior Spaces
- 2,398 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Bonus Room
- Workshop
- Storage Room
- Laundry Room
- Utility Room with Study Area
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Marengo High Elementary And Middle School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2025
Closed on
Apr 17, 2025
Sold by
Berman Aaron B
Bought by
Galeana German Medina and Ozuna Axel Javier
Seller's Agent
Tamara Berman
CENTURY 21 New Heritage
Buyer's Agent
Adalberto Sanchez
A&O Dream Key Real Estate
List Price
$249,000
Sold Price
$257,000
Premium/Discount to List
$8,000
3.21%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,550
Avg. Annual Appreciation
6.78%
Original Mortgage
$25,700
Outstanding Balance
$15,645
Interest Rate
8.8%
Mortgage Type
New Conventional
Estimated Equity
$252,905
Purchase Details
Closed on
Jan 6, 2021
Sold by
Joseph Berman Special Needs Trust and Berman Mary Pat
Bought by
Berman Aaron B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $257,000 | Advocus National Title | |
| Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $25,700 | New Conventional | |
| Open | $205,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $257,000 | 0.0% | $107 / Sq Ft | |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- | |
| 02/28/2025 02/28/25 | Off Market | $257,000 | -- | -- | |
| 02/26/2025 02/26/25 | For Sale | $249,000 | +90.1% | $104 / Sq Ft | |
| 08/23/2012 08/23/12 | Sold | $131,000 | -4.3% | $73 / Sq Ft | View Prior Sale |
| 07/11/2012 07/11/12 | Pending | -- | -- | -- | |
| 07/02/2012 07/02/12 | Price Changed | $136,900 | -0.7% | $76 / Sq Ft | |
| 06/24/2012 06/24/12 | For Sale | $137,900 | -- | $77 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,237 | $82,193 | $34,209 | $47,984 |
| 2023 | $6,127 | $72,455 | $30,156 | $42,299 |
| 2022 | $5,878 | $65,523 | $27,271 | $38,252 |
| 2021 | $5,501 | $59,702 | $24,848 | $34,854 |
| 2020 | $2,718 | $56,816 | $23,647 | $33,169 |
| 2019 | $3,260 | $53,834 | $22,406 | $31,428 |
| 2018 | $3,033 | $50,425 | $20,987 | $29,438 |
| 2017 | $3,802 | $47,765 | $19,880 | $27,885 |
| 2016 | $3,241 | $44,627 | $18,574 | $26,053 |
| 2013 | -- | $43,662 | $18,172 | $25,490 |
Source: Public Records
Agents Affiliated with this Home
-
Tamara Berman
-
Azucena Martinez
Seller Co-Listing Agent in 2025
Azucena Martinez
CENTURY 21 New Heritage
(815) 347-2843
13 in this area
66 Total Sales
-
Adalberto Sanchez
Buyer's Agent in 2025
Adalberto Sanchez
A&O Dream Key Real Estate
(224) 232-9419
6 in this area
161 Total Sales
-
Patrick West
Seller's Agent in 2012
Patrick West
Century 21 New Heritage West
(847) 809-8734
7 in this area
176 Total Sales
-
Sandy Butenschoen
Buyer's Agent in 2012
Sandy Butenschoen
CENTURY 21 New Heritage
(815) 382-1815
90 in this area
132 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12283111
APN: 11-25-379-011
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