Check Availability
Hanover 61041
500 N Washington
$315,000 - $383,000
House - In Contract

500 N Washington

HANOVER, IL 61041
bedrooms
5 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
2974 Sqft
Sold Aug 02, 2021
$228,000
$228,000 by Veterans United Hm Lns
Mortgage Due Aug 04, 2051
Sold Nov 22, 2016
$83,100
$66,400 by Apple Riv St Bk
Mortgage Due Apr 15, 2022

About This Property

Opportunity awaits! Whether you are looking for a spacious home in the heart of Jo Daviess County or are looking for an income property, perhaps an Air B-n-B or bed & breakfast, this 5 bedroom home has an abundance of options. The home's setting is PRIME with fast and easy access to Galena, Chestnut Mountain Ski Resort, just minutes from two wineries and a short drive to the Mississippi River--which surely makes this a desirable location for NW IL lovers. The eye catching front porch has been recently updated and newer front doors open to a prominent stair case. The main level has a full bar area with ample seating.  The dining area has room and seating for many, a galley kitchen servicing the dining area.  Brand new--kitchen quartz counter tops, a 10' island with storage and nearly new appliances.  The kitchen is a cooks dream!  Also on the main floor, are laundry and office space, full bathroom and two living spaces that can be utilized as desired.  Much of the original wood work has been preserved and some beautiful wood flooring had been restored. Original pocket doors are charming and operational. The upper level of the home can be accessed by two staircases,  and has 5 bedrooms each with a half bath easily accessible.  Stair case to a walk-up attic.  The house has a total of 17 rooms, 5 bedrooms, 4 full baths and 4 half baths. The roof was completed in 2020.  Fully fenced backyard and ample off-street parking. With just shy over 4,600 sq ft this eye-catching home is a property you don't want to sleep on.

The manager has listed the unit size as 2974 square feet.
Unit Size
2,974Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$117
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1901
Listed By

Price History

Date / Event Date Event Price
Apr 19, 2024 In contract -
In contract
Feb 29, 2024 Listed $349,000
Listed
Jan 6, 2022 No longer available -
No longer available
Nov 22, 2021 Price Decreased $299,900
↓ $25K (7.7%)
Price Decreased
Sep 18, 2021 Price Increased $325,000
↑ $2K (0.6%)
Price Increased
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Basement Information

Basement
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 4,649
  • Gross Building Area: 4,649
  • Building Area: 4,649
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1ST ADD
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: S9 T26N R2E SW CORNER SW NE J. MCINTYRE'S 1ST ADD.

Ownership

  • Current Owner : HOLLAND MARIE
  • Previous Owner : GRUBE DAVID A
  • Previous Owner 2: GRUBE PEGGY M
  • Owner Before Previous Owner: FEDERAL HM LN MTG CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: River Ridge Community Unit School District 210
  • Census Tract: 020402

Geography

  • Parcel: 09-001-298-03
  • Meridian: SEC 09 TWN 26N RNG 02E
  • Municipality: HANOVER
  • Latitude: 42.2611
  • Longitude: -90.2852

    Address

  • Full Address: 500 N Washington St
  • Address - House Number: 500
  • Street Direction: N
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Hanover
  • Carrier Code: R051
  • 4-Digit Zip Code: 9609
  • Zip Code: 61041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,331
  • Tax Rate Code Area: 09005

    Appraisal Valuation

  • Standard Deviation: 0.1188
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 87
  • Final Value: 337,003
  • High Value: 377,067
  • Low Value: 296,939

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: VETERANS UNITED HM LNS
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $228,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 04, 2051

    Market Valuation

  • Market Total Value: $241,626
  • Market Land Value: $8,005
  • Market Improvement Value: $233,621

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,534
  • Assessed Land Value: $2,668
  • Assessed Improvements Value: $77,866

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11892735773
  • Current Sale Price: $228,000
  • Current Sale Document Type: Transfer on Death Deed
  • Previous Sale Recording Date: Nov 22, 2016
  • Previous Sale Contract Date: Oct 31, 2016
  • Previous Sale Amount: $83,100
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: VETERANS UNITED HM LNS
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Aug 04, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: APPLE RIV ST BK
  • Previous Mortgage Transaction Date: Nov 22, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $66,400
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 15, 2022

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hanover


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Frequently Asked Questions

When was property at 500 North Washington Street built and last sold?
The property at 500 North Washington Street was built in 1901 and last sold on Jul 30, 2021 for $228,000.
How much is this home worth?
The estimated value of the home located at 500 North Washington Street is $336,314.
What are some comparable homes to 500 North Washington Street?
There are currently no comparable homes to 500 North Washington Street.

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