NOT LISTED FOR SALE

712-714 S Cherry Ave Freeport, IL 61032

Estimated Value: $57,000 - $133,000

-- Bed
2 Baths
1,624 Sq Ft
$52/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $4,000 $2 Per Sq Ft

Est. 2,027% increase in value since last sale

Current estimated payment $542/month

209 Days on Market

About This Home

As of October 2016

Nice duplex in need of extensive rehab. All separate utilities. Property is vacant, rents and cap rate are projected.

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 03/04/2016

Last Buyer's Agent

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 03/04/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1857

Lot Details

  • 1,873

Home Design

  • Duplex
  • Shingle Roof
  • Slate

Interior Spaces

  • 1,624 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1857

Lot Details

0

Listing Details

  • Electric: Fuses
  • Class: MULTIFAMILY
  • Front: 31
  • Grid: Freeport
  • Lvt Date: 03/07/2016
  • Rear: 31
  • Side 1: 60
  • Side 2: 60
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 8156
  • Number Of Units In Bldg: 2
  • Potential Income: 8400
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 1624
  • Pertinent Facts: Nice duplex in need of extensive rehab. All separate utilities. Property is vacant, rents and cap rate are projected.
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: 1320
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • L O1 Brokerage Number: 477013316
  • S O1 Brokerage Number: 477013316
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 2.46
  • Basement: Yes

Exterior Features

  • Exterior: Slate
  • Roof: Shingle

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Electric

Schools

  • School District: Freeport 145
  • Elementary School: Freeport 145
  • Middle School: Freeport 145
  • High School: Freeport 145

Building Info

  • Year Built: 1857

Tax Info

  • Year: 2014
  • Taxes: 1019

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Oct 1, 2016
Sold by
Forreston State Bank
Bought by
Cruz Andres De La
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Brian Borchardt
A-1 AGENCY
List Price
$11,500
Sold Price
$4,000
Premium/Discount to List
-$7,500
-65.22%
Current Estimated Value
$85,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,066
Avg. Annual Appreciation
35.83%

Purchase Details

Closed on
Jun 8, 2006
Source: Public Records

Range of Values:

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Average Value
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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
Cruz Andres De La $18,000 --
-- $25,200 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $4,000 -65.2% $2 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $11,500 -- $7 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $988 $8,819 $533 $8,286
2023 $1,045 $8,220 $550 $7,670
2022 $1,020 $8,220 $550 $7,670
2021 $1,043 $7,964 $533 $7,431
2020 $923 $7,097 $533 $6,564
2019 $180 $1,364 $533 $831
2018 $177 $1,340 $533 $807
2017 $175 $1,323 $533 $790
2016 $174 $1,333 $533 $800
2015 $1,027 $7,973 $534 $7,439
2013 $1,005 $8,408 $563 $7,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 126171

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-340-014