NOT LISTED FOR SALE

640 Madison St Quincy, IL 62301

Estimated Value: $43,000 - $81,000

1 Bed
1 Bath
925 Sq Ft
$62/Sq Ft Est. Value

Last Sold November 10, 2017

Last sale price $25,000 $27 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $362/month

177 Days on Market

Highlights

  • Mature Trees
  • Cathedral Ceiling
  • 1 Car Detached Garage
  • Lincoln-Douglas Elementary School Rated 9+
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of November 2017

Great investment property. Occupied with good renter. Currently being used as 2 bedroom. Nothing really that needs to be done.

Last Agent to Sell the Property

Marge Moore

Davis & Frese Inc., REALTORS License #475128109 Listed on: 04/17/2017

Last Buyer's Agent

Lori Dawson

Mays LLC, REALTORS License #475172748

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,003

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 40x188
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch

Schools

  • Berrian Elementary School
  • Quincy High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 23-3-1722-000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,003

Lot Details

0

Listing Details

  • Appliances Conveyed: Dishwasher, Range/Stove, Refrigerator
  • Class: RESIDENTIAL
  • Grid Number: 41
  • Lvt Date: 04/17/2017
  • Style: 1 Story
  • Type: Residential
  • Second Address Number: 640
  • Directions: Madison to 640, house on south side of street.
  • Geo Address Line: 640 Madison St
  • Geo Longitude: -91.4051208496094
  • Geo Primary City: Quincy
  • Geo Quality: 0.95
  • Geo Secondary City: Adams Co.
  • Geo Subdivision: IL
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features Interior: Cathedral Ceiling, Main Floor Laundry, Sump Pump
  • Main Bedrooms: 1
  • Total Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Room 1: Living, Dimensions: 10x15, On Level: 1, Flooring: Laminate
  • Room 2: Kitchen, Dimensions: 13x15, On Level: 1, Flooring: Vinyl
  • Room 3: Bedroom, Dimensions: 13x15, On Level: 1, Flooring: Laminate
  • Room 4: Dining, Dimensions: 13x15, On Level: 1, Flooring: Laminate
  • Basement: Partial, Unfinished
  • Total Basement Sq Ft: 775
  • Estimated Sq Ft: 925

Exterior Features

  • Exterior: Vinyl
  • Features Exterior: Alley Access, Large Trees, Patio, Porch Covered
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Garage Capacity: 1 Car
  • Garage Type: Detached

Utilities

  • Cooling: Central
  • Heat: Forced Air Gas
  • Sewer: City
  • Utility Supplier: Ameren Electric, Ameren Gas
  • Water: City
  • Water Heater: Natural Gas

Schools

  • Elementary School: (Former) Berrian
  • High School: Quincy

Lot Info

  • Estimated Lot Size: 0.17
  • Lot Size M L: 40x188
  • Parcel Number: 23-3-1722-000-00
  • Zoning: Residential
  • Geo Update Timestamp: 2017-11-13

Tax Info

  • Taxes: 1003
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
Nov 16, 2017
Sold by
Weiss Frank J and Weiss Revoc S R
Bought by
Qtown Properties Llc
Seller's Agent
Marge Moore
Davis & Frese Inc., REALTORS
Buyer's Agent
Lori Dawson
Mays LLC, REALTORS
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%
Current Estimated Value
$57,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,468
Avg. Annual Appreciation
10.66%
Original Mortgage
$25,000
Outstanding Balance
$20,949
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$36,519

Purchase Details

Listed on
Apr 17, 2017
Closed on
Nov 10, 2017
Sold by
Frank J Weiss J and Frank Kaythern S
Bought by
Qtown Properties Llc
Seller's Agent
Marge Moore
Davis & Frese Inc., REALTORS
Buyer's Agent
Lori Dawson
Mays LLC, REALTORS
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Outstanding Balance
$20,949
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$36,519
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Qtown Properties Llc $25,000 Little David C
Qtown Properties Llc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qtown Properties Llc $25,000
Closed Qtown Properties Llc $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2017 11/10/17 Sold $25,000 -44.4% $27 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $45,000 -- $49 / Sq Ft
Source: Quincy Association of REALTORS®

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 $767 $11,770 $2,940 $8,830
2023 $722 $10,920 $2,730 $8,190
2022 $684 $10,200 $2,550 $7,650
2021 $689 $10,000 $2,500 $7,500
2020 $593 $8,600 $2,380 $6,220
2019 $581 $8,500 $2,350 $6,150
2018 $576 $8,330 $2,300 $6,030
2017 $1,064 $15,620 $2,280 $13,340
2016 $1,045 $14,980 $2,190 $12,790
2015 $1,003,100 $14,980 $2,190 $12,790
2012 $1,003 $14,480 $2,120 $12,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Quincy Association of REALTORS®

MLS Number: 194929

Quincy Association of REALTORS®

APN: 23-3-1722-000-00