NOT LISTED FOR SALE

725 W Locust St Belvidere, IL 61008

Estimated Value: $130,520 - $172,000

2 Beds
1 Bath
640 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $118,000 $184 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,022/month

2 Days on Market

Highlights

  • River View
  • Ranch Style House
  • Wood Ceilings
  • Waterfront
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of August 2023

Cabin on the Kish! One of a kind river front property! Whether you're looking for a getaway on the Kishwaukee River that is affordable, or an investment property to cash in on rental income, here is it. No flood insurance required; it sits high and dry. Well maintained and move-in ready. The rustic split rail fence borders the front of the large yard. The beautiful mature maple tree will be gorgeous in the fall. Just down the road from the Belvidere Park. Covered front porch. This two bedroom home is cute and has character so bring those dear head mounts as they'll fit right in. The knotty pine on the living room ceiling, trim, doors, and accent areas is in great shape and gives it a rustic patina. Eat-in kitchen has space for a table. Stackable washer and dryer in full bathroom was purchased in 2021. The large newer patio offers private space to host or sit and enjoy the sounds of the river and nature. Mature arborvitae trees offer privacy to the back yard. The decent sized shed gives plenty of storage space. Leading down to the river are stairs that take you to another deck if you want to be closer to the river view; then you can go further down for river access. Revive the previous garden with your green thumb. The metal roof on the home and shed will offer many years of roof life. Cedar siding on home and shed. Some newer windows. New front exterior door. Freshly sealed asphalt driveway. Taxes were only $1,981 for 2022 and that was without a homeowner exemption. Affordable price, affordable taxes, affordable utilities.

Last Agent to Sell the Property

Tamara Potter

Keller Williams Realty Signature License #475129603 Listed on: 07/28/2023

Keller Williams Realty Signature

Last Buyer's Agent

Mark Fiorello

Gambino Realtors License #475189877

Gambino Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,981

Year Built

  • Built in 1945

Lot Details

  • 0.25 Acre Lot
  • Waterfront

Home Design

  • Ranch Style House
  • Metal Roof
  • Cedar

Interior Spaces

  • 640 Sq Ft Home
  • Wood Ceilings
  • River Views

Kitchen

  • Electric Range
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Storage Shed

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,981

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling-Wood Decorative
  • Road Frontage: City/Town, Hard Surface Road
  • Type: Water Front, City/Town, Other, River View
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Front: 113.51
  • General Features: Laundry 1st Floor, Main Floor Master, Patio, Porch Covered, Storage Shed
  • Grid: B6
  • Legal Description: 35-44-3 SCHABACKER SUB LOTS 2 & 3 (EX BEG SW COR LOT 2 NELY 68' NELY 122.69 SWLY 66.32' SWLY 124' TO POB)
  • Lot Acreage: 0.25
  • Lvt Date: 07/28/2023
  • Number of Main Level Full Bathrooms: 1
  • Rear: 66.17
  • Side 1: 112.69
  • Side 2: 105.25
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 10015
  • Elementary School: Washington Elementary
  • Estimated Total Finished Sq Ft: 640
  • Garage Type Driveway: None
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Cabin on the Kish! One of a kind river front property! Whether you're looking for a getaway on the Kishwaukee River that is affordable, or an investment property to cash in on rental income, here is it. No flood insurance required; it sits high and dry. Well maintained and move-in ready. The rustic split rail fence borders the front of the large yard. The beautiful mature maple tree will be gorgeous in the fall. Just down the road from the Belvidere Park. Covered front porch. This two bedroom home is cute and has character so bring those dear head mounts as they'll fit right in. The knotty pine on the living room ceiling, trim, doors, and accent areas is in great shape and gives it a rustic patina. Eat-in kitchen has space for a table. Stackable washer and dryer in full bathroom was purchased in 2021. The large newer patio offers private space to host or sit and enjoy the sounds of the river and nature. Mature arborvitae trees offer privacy to the back yard. The decent sized shed gives plenty of storage space. Leading down to the river are stairs that take you to another deck if you want to be closer to the river view; then you can go further down for river access. Revive the previous garden with your green thumb. The metal roof on the home and shed will offer many years of roof life. Cedar siding on home and shed. Some newer windows. New front exterior door. Freshly sealed asphalt driveway. Taxes were only $1,981 for 2022 and that was without a homeowner exemption. Affordable price, affordable taxes, affordable utilities.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 640
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12x9, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 16x12, On Level: Main
  • Living Room: On Level: Main, Dimensions: 16x10
  • Price Per Sq Ft: 184.38
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Cedar
  • Roof: Metal

Utilities

  • Cooling: Window Unit
  • Heating: Baseboard, Electric
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Schools

  • School District: Belvidere 100
  • Elementary School: Washington Elementary
  • Middle School: Belvidere South Middle
  • High School: Belvidere High

Building Info

  • Year Built: 1945

Tax Info

  • Year: 2022
  • Taxes: 1981

MLS Schools

  • HighSchool: Belvidere High
  • School District: Belvidere 100
  • Middle School: Belvidere South Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 23, 2023
Sold by
Schabacker Steve and Schabacker Judy
Bought by
Jordan Hirsch
Seller's Agent
Tamara Potter
Keller Williams Realty Signature
Buyer's Agent
Mark Fiorello
Gambino Realtors
List Price
$110,000
Sold Price
$118,000
Premium/Discount to List
$8,000
7.27%
Views
63
Current Estimated Value
$145,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,380
Avg. Annual Appreciation
10.34%
Original Mortgage
$120,537
Outstanding Balance
$118,179
Interest Rate
7.62%
Mortgage Type
Construction
Estimated Equity
$27,201
Source: Public Records

Range of Values:

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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
Jordan Hirsch $118,000 Attorneys Title Guaranty Fund
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Hirsch $120,537
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $118,000 +7.3% $184 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $110,000 -- $172 / 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 $3,106 $35,936 $4,222 $31,714
2023 $3,106 $21,826 $6,474 $15,352
2022 $1,980 $20,447 $6,474 $13,973
2021 $1,906 $19,635 $6,474 $13,161
2020 $1,886 $18,294 $6,826 $11,468
2019 $1,856 $38,065 $27,304 $10,761
2018 $1,911 $67,170 $56,690 $10,480
2017 $1,873 $17,603 $7,153 $10,450
2016 $1,835 $16,544 $7,037 $9,507
2015 $1,770 $15,508 $9,130 $6,378
2014 $1,450 $15,841 $9,130 $6,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202304248

NorthWest Illinois Alliance of REALTORS®

APN: 05-35-202-043