705 S 7th St Oregon, IL 61061
2
Beds
1
Bath
933
Sq Ft
0.3
Acres
Highlights
- Ranch Style House
- Porch
- Living Room
- Oregon High School Rated 9+
- Patio
- Laundry Room
About This Home
As of August 2025Affordable and full of potential, this 2-bedroom, 1-bath ranch offers easy main floor living and a great opportunity to make it your own. While the interior could use some cosmetic updates, the home has had major improvements over the past 10 years, including siding, windows, wide gutters, furnace, water heater, and roof - giving you a strong foundation to build on. Step inside through the enclosed front porch, a perfect spot for morning coffee or a quiet reading nook. The cozy layout includes a functional kitchen, and all appliances stay, making your move-in even easier. Out back, enjoy a large yard, ideal for gardening, entertaining, or just relaxing, plus a patio space ready for summer BBQs. With low utility costs, this home is a budget-friendly option for first-time buyers, downsizers, or investors. Don't miss your chance to unlock the potential in this conveniently located home!
Last Agent to Sell the Property
RE/MAX of Rock Valley License #475162718 Listed on: 06/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,804
Year Built
- Built in 1938
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 66x195
Parking
- 1 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Roof
- Rubber Roof
Interior Spaces
- 933 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2025
Closed on
Aug 4, 2025
Sold by
Smith Joseph M
Bought by
Clark Amanda and Clark Steven K
Seller's Agent
Ashley Patterson
RE/MAX of Rock Valley
Buyer's Agent
Allison Hawkins
Keller Williams Realty Signature
List Price
$147,000
Sold Price
$142,000
Premium/Discount to List
-$5,000
-3.4%
Views
18
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
-$5,519
Avg. Annual Appreciation
-39.07%
Original Mortgage
$138,787
Outstanding Balance
$138,787
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
-$2,306
Purchase Details
Closed on
Oct 12, 2006
Sold by
Smith Robert M
Bought by
Smith Joseph M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.49%
Mortgage Type
New Conventional
Similar Homes in Oregon, IL
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 | $142,000 | Ko | |
| Warranty Deed | $82,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $138,787 | FHA | |
| Closed | $10,000 | No Value Available | |
| Previous Owner | $45,000 | New Conventional | |
| Previous Owner | $67,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Sold | $142,000 | -3.4% | $152 / Sq Ft |
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | For Sale | $147,000 | -- | $158 / 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 | $3,804 | $37,868 | $10,319 | $27,549 |
| 2023 | $3,107 | $31,168 | $6,502 | $24,666 |
| 2022 | $2,974 | $28,848 | $6,018 | $22,830 |
| 2021 | $2,181 | $26,918 | $5,615 | $21,303 |
| 2020 | $2,716 | $25,724 | $5,366 | $20,358 |
| 2019 | $2,058 | $25,596 | $5,339 | $20,257 |
| 2018 | $1,928 | $24,494 | $5,109 | $19,385 |
| 2017 | $2,543 | $24,494 | $5,109 | $19,385 |
| 2016 | $1,815 | $23,636 | $4,930 | $18,706 |
| 2015 | $1,808 | $24,468 | $5,104 | $19,364 |
| 2014 | $2,405 | $24,468 | $5,104 | $19,364 |
| 2013 | $2,390 | $25,685 | $5,358 | $20,327 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Patterson
Seller's Agent in 2025
Ashley Patterson
RE/MAX
(815) 291-6308
5 in this area
40 Total Sales
-
Allison Hawkins
Buyer's Agent in 2025
Allison Hawkins
Keller Williams Realty Signature
(815) 543-4663
1 in this area
304 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12404652
APN: 16-03-351-005
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