NOT LISTED FOR SALE

520 Church St Belvidere, IL 61008

Estimated Value: $70,000 - $132,000

4 Beds
2 Baths
1,437 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $65,000 $45 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $753/month

833 Days on Market

About This Home

As of August 2023

Great opportunity! 2 units, upper and lower each with 2 bedrooms and 1 bath. Upper unit has rented for $430 and lower unit for $550. Both units are tenant-occupied.

Last Listed By

Ralph Gleitz

Century 21 Affiliated License #475176967 Listed on: 04/05/2021

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,785

Year Built

  • Built in 1901

Lot Details

  • 3,049

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,437 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Range
  • Microwave

Schools

  • Lincoln Elementary School
  • Belvidere South Middle School
  • Belvidere High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,785

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Microwave, Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 45
  • Grid: B6
  • Legal Description: 25-44-3 WLY 45' OF LT 5 BLK 1 GILMANS 5TH ADD 520 CHURCH ST
  • Lvt Date: 04/05/2021
  • Rear: 45
  • Side 1: 63.29
  • Side 2: 71
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 16916
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 110277
  • Elementary School: Lincoln Elementary
  • Estimated Total Finished Sq Ft: 1437
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Great opportunity! 2 units, upper and lower each with 2 bedrooms and 1 bath. Upper unit has rented for $430 and lower unit for $550. Both units are tenant-occupied.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1437
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 45.23
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

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

Building Info

  • Year Built: 1901

Tax Info

  • Year: 2019
  • Taxes: 1785

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
Apr 5, 2021
Closed on
Aug 3, 2023
Sold by
Mercado Jorge
Bought by
Dcarralda Real Estate Inc
Seller's Agent
Ralph Gleitz
Century 21 Affiliated
Buyer's Agent
Tamara Potter
Keller Williams Realty Signature
List Price
$73,000
Sold Price
$65,000
Premium/Discount to List
-$8,000
-10.96%
Total Days on Market
833
Views
400
Current Estimated Value
$98,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,249
Avg. Annual Appreciation
25.30%

Purchase Details

Closed on
Aug 8, 1997
Bought by
Mercado Jorge

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
Dcarralda Real Estate Inc $65,000 Title Underwriters Agency
Mercado Jorge -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $65,000 -11.0% $45 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $73,000 +12.3% $51 / Sq Ft
04/11/2023 04/11/23 Off Market $65,000 -- --
09/16/2022 09/16/22 For Sale $73,000 +12.3% $51 / Sq Ft
06/14/2022 06/14/22 Off Market $65,000 -- --
03/16/2022 03/16/22 For Sale $73,000 +12.3% $51 / Sq Ft
01/25/2022 01/25/22 Off Market $65,000 -- --
10/11/2021 10/11/21 For Sale $73,000 +12.3% $51 / Sq Ft
09/16/2021 09/16/21 Off Market $65,000 -- --
05/03/2021 05/03/21 Price Changed $73,000 -2.7% $51 / Sq Ft
04/05/2021 04/05/21 For Sale $75,000 -- $52 / 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
2023 $2,454 $26,254 $3,014 $23,240
2022 $2,339 $24,155 $3,014 $21,141
2021 $2,228 $22,955 $3,014 $19,941
2020 $2,137 $20,720 $3,178 $17,542
2019 $1,786 $26,449 $12,711 $13,738
2018 $1,810 $65,588 $52,369 $13,219
2017 $1,756 $16,504 $3,330 $13,174
2016 $1,800 $16,225 $3,276 $12,949
2015 $1,766 $15,479 $4,095 $11,384
2014 $1,040 $15,684 $4,095 $11,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202101215

NorthWest Illinois Alliance of REALTORS®

APN: 05-25-381-021