NOT LISTED FOR SALE

7124 N 2nd St Machesney Park, IL 61115

Estimated Value: $416,000 - $516,000

4 Beds
3.5 Baths
4,025 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $429,000 $107 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,400/month

11 Days on Market

Highlights

  • Second Kitchen
  • Waterfront
  • 2 Fireplaces
  • River View
  • 1.1 Acre Lot
  • Enclosed Patio or Porch

About This Home

As of August 2023

Wow, wait until you see this one! Built for Earl Martin, the co-founder of Woodward Governor, this gorgeous riverfront home is ready for a new owner. Step inside and you will be awed by the charm and class throughout. Built for entertaining, the three seasons room runs nearly the entire length of the home and offers expansive views of the river and nature/wildlife. And guess what? There is a separate mother-in law suite/apartment with a private entrance that could be a rental, AIRBNB, and more!! The riverfront landscaping, complete with new retaining walls, has just been completed. There is an eat-in kitchen and cozy family room w/ built ins, yet also a formal dining room and living room. Not one, but two fireplaces add to the charm. What's not to love?!

Last Agent to Sell the Property

Shelly Cronin

Century 21 Affiliated License #475206353 Listed on: 06/16/2023

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,240

Year Built

  • Built in 1919

Lot Details

  • 1.1 Acre Lot
  • Waterfront

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 4,025 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • 2 Fireplaces
  • Gas Fireplace
  • River Views
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Second Kitchen
  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Shared Driveway

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Windsor Elementary School
  • Harlem Jr Middle School
  • Harlem High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Well
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,240

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Interior Amenities: Book Cases Built In, Second Kitchen, Security System
  • Road Frontage: City/Town
  • Type: Water Front, River View
  • Electric: Circuit Breaker
  • Additional Room 5: 3 Seasons, Dimensions: 38.4x13, On Level: Main
  • Additional Room 6: 2nd Kit, Dimensions: 10x6, On Level: Upper
  • Additional Room 7: Laundry, Dimensions: 15.4x8, On Level: Main
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Exemptions: Owner
  • Front: 92.48
  • General Features: Laundry 1st Floor, Porch 3 Season, Porch Enclosed
  • Grid: 44
  • Legal Description: County Clerks Plat PT SW 1/4 SEC 31-45-2 & PT SE 1/4 SEC 36-45-1 LOT 7 ACRES 1.25
  • Lot Acreage: 1.1
  • Lvt Date: 06/16/2023
  • Number of Upper Level Full Bathrooms: 3
  • Number of Main Level Half Bathrooms: 1
  • Rear: 92.48
  • Side 1: 503.43
  • Side 2: 478.25
  • Stove Range Fuel: Electric
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: 111120
  • Egress: No
  • Elementary School: Windsor Elementary
  • Estimated Total Finished Sq Ft: 4025
  • Garage Type Driveway: Asphalt, Attached, Shared
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Wow, wait until you see this one! Built for Earl Martin, the co-founder of Woodward Governor, this gorgeous riverfront home is ready for a new owner. Step inside and you will be awed by the charm and class throughout. Built for entertaining, the three seasons room runs nearly the entire length of the home and offers expansive views of the river and nature/wildlife. And guess what? There is a separate mother-in law suite/apartment with a private entrance that could be a rental, AIRBNB, and more!! The riverfront landscaping, complete with new retaining walls, has just been completed. There is an eat-in kitchen and cozy family room w/ built ins, yet also a formal dining room and living room. Not one, but two fireplaces add to the charm. What's not to love?!
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 4025
  • L O1 Brokerage Number: 478006410
  • S O1 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 22.9x13.3, On Level: Upper
  • Fireplace Type: Gas
  • Bedroom 2: Dimensions: 22.9x13.3, On Level: Upper
  • Bedroom 3: Dimensions: 13x11.5, On Level: Upper
  • Bedroom 4: Dimensions: 12x13, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 16x14.1
  • Family Room: Yes, On Level: Main, Dimensions: 22x14.1
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 23.1x11, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 22x14.1
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 106.58
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Hot Water/Steam
  • Sewer: City/Community
  • Water: Well
  • Water Heater: Gas

Schools

  • School District: Harlem 122
  • Elementary School: Windsor Elementary
  • Middle School: Harlem Jr
  • High School: Harlem High School

Building Info

  • Year Built: 1919

Tax Info

  • Year: 2022
  • Taxes: 10240

MLS Schools

  • HighSchool: Harlem High School
  • School District: Harlem 122
  • Middle School: Harlem Jr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 11, 2023
Sold by
Sarah M Gurney Trust
Bought by
Bloomquist Scott and Bloomquist Bonnie
Seller's Agent
Shelly Cronin
Century 21 Affiliated
List Price
$429,000
Sold Price
$429,000
Views
140
Current Estimated Value
$476,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,296
Avg. Annual Appreciation
4.82%
Original Mortgage
$343,200
Outstanding Balance
$335,380
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$140,916

Purchase Details

Closed on
Feb 16, 2021
Sold by
Gurney Sarah M
Bought by
Sarah M Gurney Trust

Purchase Details

Closed on
Nov 17, 2020
Sold by
Gurney Sarah M
Bought by
Sarah M Gurney Trust

Purchase Details

Listed on
Jun 8, 2018
Closed on
May 10, 2019
Sold by
Aumann Vincent A
Bought by
Gurney Sarah M
Seller's Agent
Ray King
DICKERSON & NIEMAN
Buyer's Agent
David Try
Century 21 Affiliated
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$200,000
Interest Rate
4%
Mortgage Type
New Conventional
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
Bloomquist Scott $429,000 None Listed On Document
Sarah M Gurney Trust -- None Listed On Document
Sarah M Gurney Trust -- None Listed On Document
Gurney Sarah M $250,000 Schirger Kirk Mcdougall & Winz
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloomquist Scott $343,200
Previous Owner Gurney Sarah M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $429,000 0.0% $107 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $429,000 +71.6% $107 / Sq Ft
05/16/2019 05/16/19 Sold $250,000 -3.8% $62 / Sq Ft View Prior Sale
04/07/2019 04/07/19 Pending -- -- --
12/10/2018 12/10/18 For Sale $260,000 +4.0% $65 / Sq Ft
12/10/2018 12/10/18 Off Market $250,000 -- --
10/10/2018 10/10/18 Price Changed $260,000 -5.5% $65 / Sq Ft
08/23/2018 08/23/18 Price Changed $275,000 -8.3% $68 / Sq Ft
08/23/2018 08/23/18 For Sale $299,900 0.0% $75 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/01/2018 08/01/18 Price Changed $299,900 -7.7% $75 / Sq Ft
06/08/2018 06/08/18 For Sale $325,000 -- $81 / 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 $10,818 $141,882 $51,373 $90,509
2023 $10,356 $126,005 $45,624 $80,381
2022 $0 $114,927 $41,613 $73,314
2021 $9,518 $106,889 $38,703 $68,186
2020 $8,761 $101,818 $36,867 $64,951
2019 $8,541 $97,527 $35,313 $62,214
2018 $9,130 $94,329 $34,155 $60,174
2017 $8,972 $91,742 $33,218 $58,524
2016 $8,833 $89,917 $32,557 $57,360
2015 $4,381 $88,345 $31,988 $56,357
2014 $8,681 $88,345 $31,988 $56,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202303276

NorthWest Illinois Alliance of REALTORS®

APN: 08-31-301-009