$21,000
SOLD NOV 10, 2015

707 S 5th St Oregon, IL 61061

2 Beds
2 Baths
-- Sq Ft
0.28 Acres

Recently Sold

43% Below List Price

248 Days on Market

Highlights

  • Property is near a park
  • Corner Lot
  • 2 Car Detached Garage
  • Oregon High School Rated 9+
  • Balcony
  • 4-minute walk to Mix Park

About This Home

As of December 2024

BRING ALL OFFERS!!!! INVESTMENT OPPORTUNITY WITH GREAT POTENTIAL! DUPLEX WITH EXCELLENT RENTAL HISTORY. 2 - 1 BEDROOM UNITS IN NEED OF SOME REPAIRS, PROPERTY INCLUDES AN ADDITIONAL LOT ALONG ROUTE 2. COMMERCIAL POSSIBILITIES WITH A DAILY TRAFFIC COUNT OF 9700. SOLD AS-IS. INVESTORS LOOKING FOR RENTAL PROPERTY? PURCHASE ALONG WITH DUPLEX AT 403 S 9TH ST FOR $75,000 - TWO RENTALS AT A GREAT PRICE!!!

Last Agent to Sell the Property

Rebecca Hazzard

RE/MAX of Rock Valley License #471019445 Listed on: 02/23/2015

RE/MAX of Rock Valley

Last Buyer's Agent

Thomas Hartnett

United Country Burke Realty

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 105x112x125x96
  • Corner Lot
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • Off Alley Parking
  • Parking Space is Owned

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Property is near a park

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Porch
  • Foundation Details: Block
  • List Price: 31000
  • Lot Features: Corner Lot, Park Adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley, Off Street, Driveway
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 220

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.28
  • Lot Dimensions: 105X112X125X96
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 2286.76
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 4, 2024
Sold by
Hartnett Thomas
Bought by
Rapp Robert R
Seller's Agent
Carla Benesh
RE/MAX of Rock Valley
Buyer's Agent
Carla Benesh
RE/MAX of Rock Valley
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%
Views
64
Current Estimated Value
$136,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,372
Avg. Annual Appreciation
6.59%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $130,000 Rrt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,215,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $78,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $130,000 -7.8% $108 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $141,000 -4.7% $118 / Sq Ft
11/08/2024 11/08/24 Price Changed $148,000 -6.9% $123 / Sq Ft
10/30/2024 10/30/24 Price Changed $159,000 -9.1% $133 / Sq Ft
10/24/2024 10/24/24 For Sale $175,000 +733.3% $146 / Sq Ft
11/10/2015 11/10/15 Sold $21,000 -32.3% --
10/29/2015 10/29/15 Pending -- -- --
10/27/2015 10/27/15 Price Changed $31,000 -16.2% --
09/09/2015 09/09/15 For Sale $37,000 0.0% --
09/03/2015 09/03/15 Pending -- -- --
08/14/2015 08/14/15 Price Changed $37,000 -14.0% --
07/20/2015 07/20/15 Price Changed $43,000 -18.9% --
06/03/2015 06/03/15 Price Changed $53,000 -11.7% --
04/10/2015 04/10/15 Price Changed $60,000 -14.3% --
02/23/2015 02/23/15 For Sale $70,000 -- --
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 $3,529 $35,138 $9,828 $25,310
2023 $3,171 $31,814 $12,859 $18,955
2022 $2,417 $29,446 $11,902 $17,544
2021 $2,239 $27,476 $11,106 $16,370
2020 $2,139 $26,258 $10,614 $15,644
2019 $2,114 $26,127 $10,561 $15,566
2018 $1,981 $25,002 $10,106 $14,896
2017 $2,596 $25,002 $10,106 $14,896
2016 $696 $6,762 $4,930 $1,832
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08845655

Midwest Real Estate Data (MRED)

APN: 16-03-353-014