NOT LISTED FOR SALE

812-814 W Stephenson St Freeport, IL 61032

Estimated Value: $108,000 - $163,000

6 Beds
4 Baths
4,054 Sq Ft
$35/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $95,000 $23 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $921/month

42 Days on Market

About This Home

As of March 2021

Stately duplex on premier Stephenson Street ! Each unit 2000+ SF, tenants pay all utilities, huge parking lot with some rented spaces to orthodontist next door. Good rental history. Owner pays taxes and insurance only.

Last Listed By

Brian Borchardt

A-1 Agency License #471004534 Listed on: 12/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,392

Year Built

  • Built in 1892

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75 x 200

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Steam

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $511
  • Gross Income $17,472
  • Net Operating Income $12,569

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,392

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1892
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 100000
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • ParkingTotal: 10
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Other Expenses $: 0

Schools

  • Middle/Junior School District: 145

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Dimensions: 75 X 200
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Multi Family

  • Net Operating Income: 12569
  • Insurance Expense: 511
  • GrossIncome: 17472
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4391.8
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Mar 4, 2021
Sold by
Storer Jeffrey M
Bought by
Clow William
Seller's Agent
Brian Borchardt
A-1 Agency
Buyer's Agent
Non Member
NON MEMBER
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%
Total Days on Market
42
Current Estimated Value
$140,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,235
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Sep 22, 2011

Range of Values:

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Average Value
Not Available
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
-- $76,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $95,000 -5.0% $23 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $100,000 0.0% $25 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $100,000 -- $25 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2023 $4,313 $33,919 $4,834 $29,085
2022 $4,210 $33,919 $4,834 $29,085
2021 $4,637 $35,417 $4,683 $30,734
2020 $4,608 $35,417 $4,683 $30,734
2019 $4,392 $33,311 $4,683 $28,628
2018 $4,291 $32,477 $4,683 $27,794
2017 $4,214 $31,892 $4,683 $27,209
2016 $4,210 $32,236 $4,683 $27,553
2015 $4,244 $32,956 $4,690 $28,266
2013 $4,156 $34,757 $4,946 $29,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10946036

Midwest Real Estate Data (MRED)

APN: 18-13-36-278-012