726 N 7th St Dekalb, IL 60115
Estimated Value: $175,000 - $225,000
4
Beds
2
Baths
--
Sq Ft
7,405
Sq Ft Lot
Highlights
- Deck
- Balcony
- Fire Pit
- Sun or Florida Room
- Screened Porch
- 4-minute walk to Liberty Park
About This Home
As of May 2021Check out this fantastic solidly built all brick 2 unit that's been very well maintained. Both apartments are occupied - Pictures were taken when vacant. Since 2007 the current owners have added over $39,000 worth of improvements to the property. Both units are spacious 2 BR apartments with over 1100 sq. ft. Both units have a living room, formal dining room, eat-in kitchen, 2 bedrooms, an enclosed porch, and a full bathroom. There are hardwood floors in the living rooms, dining rooms and both bedrooms. The larger bedroom upstairs has a walk-in-closet. The larger bedroom downstairs has a whole wall of closet space. Each eat-in kitchen has a stove, refrigerator and an attached over-the-stove microwave. The first floor apartment's front porch with French doors is heated which adds more living space. The second floor porch goes across the whole front of the building and is enclosed with newer storm/screen windows making a nice 3 season room. Each unit has a small back deck or porch. Front and back door common entrances lead to both apartments and the back stairway also leads to the basement. The basement has a washer and dryer for each unit, a storage room for each unit, and an owner's storage area. The blacktop driveway leads to a large blacktopped parking area in back with room for 4+ vehicles. The lot extends past the parking area giving a nice back yard to enjoy with plantings, a picnic table and a fire dish. Separate electric and gas meters so the tenants pay those utilities. Owners pay the city water, sewer, and garbage bill (one meter for the building). A list of improvements since 2007 is available. Check out this incredible property today!
Last Agent to Sell the Property
Century 21 Circle License #475127359 Listed on: 04/15/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,392
Year Built
- Built in 1915
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 150
- Paved or Partially Paved Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
- Stone Foundation
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Sun or Florida Room
- Screened Porch
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Parking
- 4 Parking Spaces
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
Outdoor Features
- Balcony
- Deck
- Fire Pit
Utilities
- Two Heating Systems
- Forced Air Heating System
- Heating System Uses Natural Gas
- Multiple Water Heaters
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,016
- Water Sewer Expense $868
- Gross Income $19,675
- Net Operating Income $13,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2021
Closed on
May 18, 2021
Sold by
Petri Corporation
Bought by
Stockwell John W and Mosena Rebecca L
Seller's Agent
Dennis Maakestad
Century 21 Circle
Buyer's Agent
Maria Pena-Graham
Coldwell Banker Real Estate Group
List Price
$169,900
Sold Price
$169,900
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,077
Avg. Annual Appreciation
5.00%
Original Mortgage
$127,425
Outstanding Balance
$117,751
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$89,345
Purchase Details
Closed on
Mar 30, 2007
Sold by
Kuna John J
Bought by
Petri Corp
Similar Homes in Dekalb, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stockwell John W | $170,000 | Attorney | |
| Petri Corp | $132,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stockwell John W | $127,425 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2021 05/18/21 | Sold | $169,900 | 0.0% | -- |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- |
| 04/15/2021 04/15/21 | For Sale | $169,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,351 | $53,019 | $8,018 | $45,001 |
| 2023 | $4,351 | $46,228 | $6,991 | $39,237 |
| 2022 | $4,265 | $42,206 | $7,979 | $34,227 |
| 2021 | $4,381 | $39,586 | $7,484 | $32,102 |
| 2020 | $4,480 | $38,955 | $7,365 | $31,590 |
| 2019 | $4,392 | $37,425 | $7,076 | $30,349 |
| 2018 | $4,288 | $36,156 | $6,836 | $29,320 |
| 2017 | $4,329 | $34,755 | $6,571 | $28,184 |
| 2016 | $4,281 | $33,877 | $6,405 | $27,472 |
| 2015 | -- | $32,099 | $6,069 | $26,030 |
| 2014 | -- | $30,903 | $8,780 | $22,123 |
| 2013 | -- | $32,461 | $9,223 | $23,238 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Maakestad
Seller's Agent in 2021
Dennis Maakestad
Century 21 Circle
(815) 739-5926
47 in this area
90 Total Sales
-
Maria Pena-Graham
Buyer's Agent in 2021
Maria Pena-Graham
Coldwell Banker Real Estate Group
(815) 757-3529
184 in this area
355 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11054232
APN: 08-23-201-004
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