NOT LISTED FOR SALE

715 5th St Colona, IL 61241

Estimated Value: $144,002 - $172,000

4 Beds
2 Baths
988 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $96,500 $98 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,181/month

7 Days on Market

Highlights

  • Forced Air Zoned Cooling and Heating System
  • Two Heating Systems
  • Level Lot

About This Home

As of May 2019

Nice side by side split foyer duplex in very quiet neighborhood. 0-vacant- Always Rented. Each unit has 2 bedrooms. Vinyl siding with partial brick on front. Nice lot, with two car garage, storage shed. Rents unit A $635.00, Unit B $700.00. Owner pays $100.00/mo for water, sewer, and garbage. Unit A Lease is up, on a month/month basis. Unit A 2 yr old furnace, 25 yr old A/C, water heater 10 yrs. old. Unit B 2 yr old furnace, 3 yr old A/C, water heater 10 yrs old, roof 7 years old.

Last Agent to Sell the Property

Bruce Borkgren

Mel Foster Co. Geneseo License #475.182016 Listed on: 04/25/2019

Mel Foster Co. Geneseo

Last Buyer's Agent

Craig Wainwright

Wainwright Realty License #471.006013/B59424000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 1976

Lot Details

  • 9,148

Home Design

  • Vinyl Siding

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Garage Door Opener

Schools

  • Colona Elementary And Middle School
  • United Township High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Washer Hookup
  • Level Lot

Community Details

Overview

  • Ryan Garden Subdivision

Building Details

  • Electric Expense $1,200
  • Fuel Expense $1,200
  • Insurance Expense $800
  • Maintenance Expense $750
  • Water Sewer Expense $600
  • Gross Income $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,691

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Ryan Garden
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 13 Blk 17 Ryan Gardens city of Green Rock
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Level

Garage/Parking

  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Zoned, Central Air
  • Heating: Sep Heating Systems - 2+, Forced Air, Natural Gas
  • Laundry Features: Washer Hookup
  • Utilities: Cable Available

Fee Information

  • Water Sewer Expenses: 600

Schools

  • Elementary School: Colona
  • High School: United Township
  • Middle/Junior School: Colona

Lot Info

  • Lot Dimensions: 9,148 Sq. ft.

Rental Info

  • Board Number: 30

Multi Family

  • Fuel Expense: 1200
  • Insurance Expense: 800
  • ElectricExpense: 1200
  • GrossIncome: 16000
  • Maintenance Expense: 750

Tax Info

  • Tax Annual Amount: 3691
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
May 22, 2019
Sold by
Lack John M
Bought by
Mccord Steven D and Mccord Amanda M
Seller's Agent
Bruce Borkgren
Mel Foster Co. Geneseo
Buyer's Agent
Craig Wainwright
Wainwright Realty
List Price
$109,000
Sold Price
$96,500
Premium/Discount to List
-$12,500
-11.47%
Current Estimated Value
$159,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,751
Avg. Annual Appreciation
7.73%
Original Mortgage
$72,375
Outstanding Balance
$63,503
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$95,748

Purchase Details

Closed on
Nov 5, 2012
Sold by
Lack Kelly L
Bought by
Lack John M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccord Steven D $96,500 Gomez Title & Closing Co
Lack John M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccord Steven D $72,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $96,500 -11.5% $98 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $109,000 -- $110 / 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 $4,253 $46,049 $2,907 $43,142
2023 $4,157 $42,677 $2,694 $39,983
2022 $3,855 $38,797 $2,449 $36,348
2021 $3,947 $39,189 $3,554 $35,635
2020 $3,789 $37,210 $3,374 $33,836
2019 $3,789 $37,485 $3,399 $34,086
2018 $3,728 $37,262 $3,379 $33,883
2017 $3,691 $37,638 $3,413 $34,225
2016 $3,632 $37,155 $3,369 $33,786
2015 $2,946 $36,355 $3,296 $33,059
2013 $2,946 $35,572 $3,225 $32,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4202094

Midwest Real Estate Data (MRED)

APN: 06-10-454-014