NOT LISTED FOR SALE

724 Caswell St Belvidere, IL 61008

Estimated Value: $163,000 - $180,000

3 Beds
2 Baths
1,652 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $104,000 $63 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,240/month

277 Days on Market

About This Home

As of June 2019

2 Unit property fully leased with good income and low taxes. The property is in excellent condition. Large first floor unit with 1 bedroom 1 bath. 2nd floor unit is 2 bed 1 bathroom. Laundry in the basement.

Last Agent to Sell the Property

Scott Schier

Grid 7 Properties License #471003705 Listed on: 08/03/2018

Last Buyer's Agent

Michael Grismer

Homeland Properties License #475140163

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,381

Year Built

  • Built in 1900

Lot Details

  • 6,534

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Washington Elementary School
  • Belvidere South Middle School
  • Belvidere High School

Additional Features

  • Basement Fills Entire Space Under The House
  • 6,534 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,381

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Other Expenses $: 1506

Schools

  • Elementary School: WASHINGTON ELEMENTARY SCHOOL
  • High School: BELVIDERE HIGH SCHOOL
  • Middle/Junior School: BELVIDERE SOUTH MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50' X 132' X 50" X 132"
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • GrossIncome: 15600
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2381
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Jun 3, 2019
Sold by
Belvidere Prop Mgmt Llc
Bought by
Volkening Andrew
Seller's Agent
Scott Schier
Grid 7 Properties
Buyer's Agent
Michael Grismer
Homeland Properties
List Price
$114,900
Sold Price
$104,000
Premium/Discount to List
-$10,900
-9.49%
Current Estimated Value
$169,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,418
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Feb 17, 2015
Sold by
Tripke Robert L
Bought by
Belvidere Property Management Llc

Purchase Details

Closed on
Nov 10, 1992
Bought by
Tripke Robert L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Volkening Andrew $104,000 Chicago Title Ins Co
Belvidere Property Management Llc -- --
Tripke Robert L $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2019 06/06/19 Sold $104,000 -9.5% $63 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $114,900 +10.5% $70 / Sq Ft
04/30/2019 04/30/19 Off Market $104,000 -- --
03/27/2019 03/27/19 Price Changed $114,900 -11.6% $70 / Sq Ft
01/14/2019 01/14/19 For Sale $130,000 +25.0% $79 / Sq Ft
12/31/2018 12/31/18 Off Market $104,000 -- --
08/03/2018 08/03/18 For Sale $130,000 -- $79 / 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 $4,014 $46,441 $2,912 $43,529
2023 $4,014 $41,520 $4,465 $37,055
2022 $3,727 $38,487 $4,465 $34,022
2021 $2,651 $27,313 $4,465 $22,848
2020 $2,546 $24,694 $4,708 $19,986
2019 $2,389 $36,758 $18,831 $17,927
2018 $2,452 $83,264 $65,761 $17,503
2017 $2,381 $22,376 $4,933 $17,443
2016 $2,285 $20,596 $4,853 $15,743
2015 $2,271 $19,904 $6,067 $13,837
2014 $1,448 $20,803 $6,067 $14,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10041033

Midwest Real Estate Data (MRED)

APN: 05-36-134-004

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