NOT LISTED FOR SALE

65 S Cherry St Galesburg, IL 61401

Estimated Value: $111,066

-- Bed
-- Bath
2,400 Sq Ft
$46/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $70,000 $29 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $715/month

489 Days on Market

About This Home

As of March 2018

It's all about location, location, location! Amazing business potential! Amenities include 37' long bar, 6' x 8' walk-in cooler, two restrooms & janitor closet with mop sink. Existing bar stools, tables and booths to remain with the property. Also, 8 Bose speakers and all light fixtures to remain.

Last Agent to Sell the Property

Kit Wilcox

CENTURY 21 Tucker Swanson License #475099856 Listed on: 09/22/2016

Last Buyer's Agent

ZACHARY SHAW

Mel Foster Co. Galesburg License #475173208

Mel Foster Co. Galesburg

Property Details

Property Type

Other

Est. Annual Taxes

$6,642

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 29.17
  • Total Sq Ft: 2400

Lot Info

  • Zoning: B-3
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Business

Tax Info

  • Parcel Id Number Tax Id: 9915226012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Mar 9, 2018
Sold by
Price Gary A
Bought by
Js Burdick Llc
Seller's Agent
Kit Wilcox
CENTURY 21 Tucker Swanson
Buyer's Agent
ZACHARY SHAW
Mel Foster Co. Galesburg
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Current Estimated Value
$111,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,066
Avg. Annual Appreciation
6.04%
Original Mortgage
$138,063
Outstanding Balance
$97,671
Interest Rate
3.32%
Mortgage Type
Construction
Estimated Equity
$10,918
Source: Public Records

Range of Values:

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ICE

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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
Js Burdick Llc $70,000 Western Illinois Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Js Burdick Llc $138,063
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $70,000 -29.3% $29 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
09/22/2016 09/22/16 For Sale $99,000 -- $41 / 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 $6,642 $56,390 $2,690 $53,700
2023 $6,642 $54,590 $2,600 $51,990
2022 $6,538 $54,590 $2,600 $51,990
2021 $6,299 $51,500 $2,450 $49,050
2020 $6,381 $51,500 $2,450 $49,050
2019 $6,422 $51,500 $2,450 $49,050
2018 $4,207 $33,830 $2,380 $31,450
2017 $4,235 $33,830 $2,380 $31,450
2015 -- $33,330 $2,340 $30,990
2013 $1,858 $16,250 $2,360 $13,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA166021

RMLS Alliance

APN: 99-15-226-012