NOT LISTED FOR SALE

7316 N 2nd St Machesney Park, IL 61115

Estimated Value: $321,000

1 Bed
1 Bath
4,441 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $342,500 $77 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,004/month

Highlights

  • Waterfront
  • Patio
  • Laundry Facilities
  • Deck
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

RIVERFRONT ESTATE ON 2 ACRES WITH 118 FEET OF FRONTAGE ON THE ROCK RIVER! CONCRETE SEA WALL WITH CUT-OUT FOR YOUR OWN PRIVATEDOCK. PROPERTY INCLUDES A 2525 SQ FT MAIN HOUSE AND A 1916 SQ FT DUPLEX. A 6 CAR GARAGE FOR CAR COLLECTORS OR CONTRACTOR STORAGE. THIS HOME HAS ADISTINCTIVE FLOOR PLAN AND VERY GOOD "BONES". VIEWS OF THE RIVER ARE TREMENDOUS AND SO ARE THE SUNSETS WITH A WEST ORIENTATION. OWNERS SUITEHAS A WALL OF WINDOWS OVERLOOKING THE WATERFRONT VIEW. HARDWOOD FLOORS. CHARMING PORCH ENTRY. NEW ENTRY DOORS. INCOME FROM THE DUPLEX IS $1,975 GROSS/$1500 NET AFTER OWNER PAID UTILITIES. TAXES DO NOT REFLECT AN OWNER OCCUPIED EXEMPTION. NEW TAX PIN# BEING ISSUED AT A FUTURE DATE BYWINNEBAGO COUNTY. LOW MACHESNEY PARK TAX RATE WITH HARLEM SCHOOLS!

Last Agent to Sell the Property

James Blaser

Berkshire Hathaway HomeServices Crosby Starck RE License #475098645 Listed on: 03/24/2021

Berkshire Hathaway HomeServices Crosby Starck RE

Last Buyer's Agent

Peter Dunn

Berkshire Hathaway HomeServices Crosby Starck RE License #475126480

Berkshire Hathaway HomeServices Crosby Starck RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,165

Lot Details

  • Waterfront

Parking

  • 6 Car Parking Spaces

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Oven
  • Dishwasher

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

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

Community Details

Overview

  • 3 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,165

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Dishwasher, Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 4441
  • Estimated Below Grade Finished Sq Ft: 400
  • Front: 118
  • General Features: Deck, Laundry in Building, Patio, Waterfront
  • Grid: 44
  • Legal Description: In listing office
  • Lvt Date: 03/24/2021
  • Rear: 118
  • Side 1: 744
  • Side 2: 744
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 96945
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 3
  • Number Of Units In Bldg: 3
  • Agent Only_ L A1 User Code: 78
  • Elementary School: Windsor Elementary
  • Pertinent Facts: RIVERFRONT ESTATE ON 2 ACRES WITH 118 FEET OF FRONTAGE ON THE ROCK RIVER! CONCRETE SEA WALL WITH CUT-OUT FOR YOUR OWN PRIVATEDOCK. PROPERTY INCLUDES A 2525 SQ FT MAIN HOUSE AND A 1916 SQ FT DUPLEX. A 6 CAR GARAGE FOR CAR COLLECTORS OR CONTRACTOR STORAGE. THIS HOME HAS ADISTINCTIVE FLOOR PLAN AND VERY GOOD "BONES". VIEWS OF THE RIVER ARE TREMENDOUS AND SO ARE THE SUNSETS WITH A WEST ORIENTATION. OWNERS SUITEHAS A WALL OF WINDOWS OVERLOOKING THE WATERFRONT VIEW. HARDWOOD FLOORS. CHARMING PORCH ENTRY. NEW ENTRY DOORS. INCOME FROM THE DUPLEX IS $1,975 GROSS/$1500 NET AFTER OWNER PAID UTILITIES. TAXES DO NOT REFLECT AN OWNER OCCUPIED EXEMPTION. NEW TAX PIN# BEING ISSUED AT A FUTURE DATE BYWINNEBAGO COUNTY. LOW MACHESNEY PARK TAX RATE WITH HARLEM SCHOOLS!
  • L O1 Brokerage Number: 481011334
  • S O1 Brokerage Number: 481011334
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City
  • Water: Well
  • Water Heater: Gas

Schools

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

Tax Info

  • Year: 2019
  • Taxes: 9165

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
Mar 24, 2021
Closed on
May 28, 2021
Sold by
Kb525 Properties Llc
Bought by
Johnson Thad and Spinello-Johnson Chelsea
Seller's Agent
James Blaser
Berkshire Hathaway HomeServices Crosby Starck RE
Buyer's Agent
Peter Dunn
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$330,000
Sold Price
$342,500
Premium/Discount to List
$12,500
3.79%
Current Estimated Value
$321,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,500
Original Mortgage
$475,375
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 1993
Bought by
Harris Donald B and Harris Judy R
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
Johnson Thad $342,500 Cicero France & Alexander Pc
Kb525 Properties Llc $240,000 Cicero France & Alexander Pc
Harris Donald B $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Thad $475,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $342,500 +3.8% $77 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $330,000 -- $74 / 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
2021 $9,601 $101,773 $76,292 $25,481
2020 $9,601 $96,945 $72,673 $24,272
2019 $9,166 $92,859 $69,610 $23,249
2018 $9,841 $89,815 $67,328 $22,487
2017 $9,706 $87,351 $65,481 $21,870
2016 $8,910 $85,613 $64,178 $21,435
2015 $9,528 $84,116 $63,056 $21,060
2014 $8,657 $84,116 $63,056 $21,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202100986

NorthWest Illinois Alliance of REALTORS®

APN: 08-31-301-001