NOT LISTED FOR SALE

928 245th Ave Gerlaw, IL 61435

Estimated Value: $75,084 - $113,000

2 Beds
1 Bath
1,262 Sq Ft
$74/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $57,900 $46 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $566/month

10 Days on Market

About This Home

As of March 2020

“Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition” 2-3 bdrm home on 1.32 acres. Concrete block building on property. This property is a part of the Freddie Mac First Look Initiative. Only owner occupant homebuyers and non-profits engaged in community stabilization efforts will be eligible to purchase this home during the initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer, however, they must be buying the home as their primary residence.

Last Agent to Sell the Property

Leanne Mckee

Western Illinois Realty LLC License #475140784 Listed on: 01/31/2020

Last Buyer's Agent

Leanne Mckee

Western Illinois Realty LLC License #475140784 Listed on: 01/31/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $459

Year Built

  • Built in 1910

Lot Details

  • 1.32

Parking

  • Garage

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$459

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: Lots 8 & 9 & abandoned RR between Olive & South Sts Blk 9 & N 105.37ft
  • Lvt Date: 01/31/2020
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 16x12.1, On Level: Main, Flooring: Laminate
  • Basement Foundation: Block
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 16x12.1, On Level: Main, Flooring: Laminate
  • Den: Dimensions: 11.5x9
  • Family Room: On Level: Main, Flooring: Laminate
  • Formal Dining Room: Dimensions: 12x12, On Level: Main, Flooring: Laminate
  • Kitchen: Dimensions: 15x13.6, On Level: Main, Flooring: Laminate
  • Living Room: Dimensions: 17.3x12.9, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 883
  • Price Per Sq Ft: 45.88
  • Finished Sq Ft: 1262
  • Total Sq Ft: 1262
  • Finished Main Level Sq Ft: 1262

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 3

Utilities

  • Heating Cooling: Gas, Forced Air
  • Water Sewer: Private Well, Septic System

Schools

  • High School: United

Lot Info

  • Estimated Lot Size: 1.32 ac
  • Estimated Number of Acres: 1.32
  • Lot Description: Level
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 458.82
  • Parcel Id Number Tax Id: 10-209-002-00
  • Tax Year: 2018

MLS Schools

  • High School School District: United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 2, 2020
Sold by
Federal Home Loan Mtg Corp
Bought by
Mcvey Rodney M and Mcvey Diane L
Seller's Agent
Leanne Mckee
Western Illinois Realty LLC
Buyer's Agent
Leanne Mckee
Western Illinois Realty LLC
List Price
$57,900
Sold Price
$57,900
Total Days on Market
10
Current Estimated Value
$93,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,621
Avg. Annual Appreciation
7.44%
Original Mortgage
$55,005
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2019
Sold by
Scott Connie E
Bought by
Federal Home Loan Mtg Corp

Purchase Details

Closed on
Apr 10, 2013
Sold by
Scott James M and Scott Connie E
Bought by
Scott Connie E
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
Mcvey Rodney M $57,900 None Available
Federal Home Loan Mtg Corp -- None Available
Federal Home Loan Mtg Corp -- None Available
Scott Connie E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcvey Diane L $55,005
Previous Owner Smith Connie E $65,000
Previous Owner Scott James M $15,670
Previous Owner Scott James M $36,850
Previous Owner Scott James M $29,382
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $57,900 0.0% $46 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $57,900 -- $46 / Sq Ft
Source: RMLS Alliance

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 $488 $21,440 $2,440 $19,000
2022 $875 $19,830 $2,260 $17,570
2021 $1,352 $18,530 $2,110 $16,420
2020 $1,285 $17,250 $2,110 $15,140
2019 $450 $16,910 $2,070 $14,840
2018 $459 $6,030 $2,080 $3,950
2017 $212 $16,690 $2,040 $14,650
2016 $200 $16,300 $1,990 $14,310
2015 -- $15,690 $1,920 $13,770
2014 -- $15,470 $1,890 $13,580
2013 -- $15,830 $1,930 $13,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA997777

RMLS Alliance

APN: 10-209-002-00