NOT LISTED FOR SALE

711 S State St Belvidere, IL 61008

Estimated Value: $129,000 - $236,000

8 Beds
4 Baths
5,536 Sq Ft
$37/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $98,000 $18 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,286/month

56 Days on Market

About This Home

As of October 2021

Great opportunity to own a beautiful block 2 story building. Identical units with 2 bedrooms and 1 bath. Full basement and lots of potential. Owner never lived in property. Being sold in as is condition. Located close to downtown, ymca, highways 20& 90.

Last Agent to Sell the Property

Miguel Lobato

Gambino Realtors Home Builders License #475146683 Listed on: 08/02/2021

Gambino Realtors Home Builders

Last Buyer's Agent

Ruth Elders

HomeSmart Connect LLC License #471015220

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Steam

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 66X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 24
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 6512.82
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 15, 2021
Sold by
Rosalio Pacheco
Bought by
Guerrero Juan and Guerrero Maria
Seller's Agent
Miguel Lobato
Gambino Realtors Home Builders
Buyer's Agent
Ruth Elders
HomeSmart Connect LLC
List Price
$149,900
Sold Price
$98,000
Premium/Discount to List
-$51,900
-34.62%
Current Estimated Value
$207,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,425
Avg. Annual Appreciation
19.15%

Purchase Details

Closed on
Nov 3, 2020
Sold by
Reverse Mtg Solutions Inc
Bought by
Pacheco Rosalio

Purchase Details

Closed on
Jan 14, 1992
Bought by
Berlin Dorothee
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
Guerrero Juan $98,000 Advisors Title Ntwk Llc
Pacheco Rosalio $75,000 Chicago Title Co
Berlin Dorothee $99,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $98,000 -34.6% $18 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $149,900 -- $27 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $8,733 $101,031 $3,844 $97,187
2023 $8,733 $41,328 $5,894 $35,434
2022 $2,421 $25,000 $5,894 $19,106
2021 $2,427 $25,000 $5,894 $19,106
2020 $6,513 $63,161 $6,214 $56,947
2019 $6,050 $75,962 $24,856 $51,106
2018 $6,167 $223,440 $173,794 $49,646
2017 $5,957 $55,988 $6,512 $49,476
2016 $6,500 $58,602 $6,406 $52,196
2015 $3,075 $53,894 $8,008 $45,886
2014 $1,422 $50,269 $8,008 $42,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11176137

Midwest Real Estate Data (MRED)

APN: 05-36-107-010