NOT LISTED FOR SALE

705 E Grant Hwy Unit 2 Marengo, IL 60152

Estimated Value: $208,000 - $300,000

2 Beds
1 Bath
582 Sq Ft
$428/Sq Ft Est. Value

Highlights

  • Corner Lot
  • Laundry Room
  • Central Air
  • Living Room
  • Entrance Foyer
  • Dining Room

About This Home

As of August 2023

This 2 Bedroom, 1 Bathroom Apartment is a Must See! The Kitchen Boasts Stainless Steel Appliances, and an Eating Area! The Refreshed Bathroom offers a Stylish Vanity and Updated Fixtures with a walk-in shower! Updated Light Fixtures through-out! Private Off-Street Parking! Its walking Distance to Locust Elementary School, Marengo Community Middle School and Dining! Available Immediately! Lease Terms: 1 Year Lease Minimum. Tenant Pays Electric and Gas. Pets are not accepted. No Smoking. Credit/Background Check to be Performed by Listing Office. $27 per Adult over 18.

Last Agent to Rent the Property

Gibran Young

CENTURY 21 New Heritage License #475194056 Listed on: 07/01/2023

CENTURY 21 New Heritage

Last Renter's Agent

Gibran Young

CENTURY 21 New Heritage License #475194056 Listed on: 07/01/2023

CENTURY 21 New Heritage

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1928

Lot Details

  • 7,013

Home Design

  • Half Duplex
  • Vinyl Siding

Interior Spaces

  • 582 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Locust Elementary School
  • Marengo Community Middle School
  • Marengo High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 7/1/23

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • 2 Units
  • No Laundry Facilities

Townhouse Details

Home Type

Townhome

Year Built

Built in 1928

Lot Details

0

Rental Info

  • Available Date: 2023-07-01
  • Board Number: 3
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1300
  • Security Deposit: Y
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: 1/2 Duplex,Condo
  • Property Sub-Type: Attached
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: No
  • LivingArea: 582
  • Room Type: Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 582
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 582
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: None
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: None

Schools

  • Elementary School: Locust Elementary School
  • High School: Marengo High School
  • Middle/Junior School: Marengo Community Middle School

Lot Info

  • Lot Dimensions: 1

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2024
Sold by
Edward F Bolen Revocable Trust and Bolen Edward P
Bought by
Rocman Properties Inc
Current Estimated Value
$249,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$185,471
Interest Rate
7.87%
Mortgage Type
New Conventional
Estimated Equity
$63,572

Purchase Details

Closed on
Apr 11, 2014
Sold by
Bolen Edward P
Bought by
Bolen Edward P

Purchase Details

Closed on
Jun 6, 2013
Sold by
Bolen Laura C
Bought by
Bolen Edward P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
Bauman Richard E R
Bought by
Bolen Edward P and Bolen Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
6.97%

Purchase Details

Closed on
Feb 8, 1996
Sold by
Bauman Richard E R and Bauman Mary Jane
Bought by
Bauman Richard E R
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
Rocman Properties Inc $250,000 Fidelity National Title
Bolen Edward P -- None Available
Bolen Edward P -- Fidelity Natl Title
Bolen Edward P $157,250 --
Bauman Richard E R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocman Properties Inc $187,500
Previous Owner Bolen Edward P $45,000
Previous Owner Bolen Edward P $125,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2023 08/08/23 Rented $1,300 0.0% --
07/31/2023 07/31/23 Under Contract -- -- --
07/01/2023 07/01/23 For Rent $1,300 +23.8% --
05/01/2021 05/01/21 Rented $1,050 0.0% --
04/20/2021 04/20/21 For Rent $1,050 0.0% --
04/16/2021 04/16/21 Off Market $1,050 -- --
03/29/2021 03/29/21 Price Changed $1,050 -12.5% $2 / Sq Ft
03/16/2021 03/16/21 For Rent $1,200 -- --
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 $2,978 $47,244 $11,985 $35,259
2023 $2,845 $41,647 $10,565 $31,082
2022 $2,840 $37,662 $9,554 $28,108
2021 $2,609 $34,316 $8,705 $25,611
2020 $2,546 $32,657 $8,284 $24,373
2019 $2,669 $30,943 $7,849 $23,094
2018 $2,449 $28,984 $7,352 $21,632
2017 $2,346 $27,455 $6,964 $20,491
2016 $2,238 $25,652 $6,507 $19,145
2013 -- $29,864 $6,367 $23,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11821525

Midwest Real Estate Data (MRED)

APN: 11-36-379-009