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601 Pearl Street

601 Pearl Street, Belvidere, IL 61008
Commercial in Belvidere
Local assessors in Belvidere, IL have categorized 601 Pearl Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 30,492 square feet. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 601 Pearl Street has a total of 1,761 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,730 sqft. There are 6 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of asphalt. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 601 Pearl Street sold most recently in Dec 8, 2022 for a total of $316,000. If you work out the math, that's approximately a cost of $179.44 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,626 in taxes each year. 601 Pearl Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $89,065. If we break it down further, the land itself was valued at $22,542. Improvements to the property, however, were assessed at a total of $66,523. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Cedar Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210721
07/21/2021
Loft
-
-
$395,000
bedrooms
Loft
bathrooms
-
-
-
-
Scott Schier
Grid 7 Properties

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 3
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 7
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,730
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 1,761
  • Gross Building Area: 1,761
  • Building Area: 1,761
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,761
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NIJAH HOTCHKISS 1ST ADD
  • Land Acres: 0.7
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 35-44-3 NIJAH HOTCHKISS 1ST ADD LOTS 5,6, W 1/2 LOT 8 & W 1/2 LOT 10 BLK 1

Ownership

  • Current Owner : IL INVEST LLC
  • Previous Owner : BELVIDERE PROP MGMT LLC
  • Owner Before Previous Owner: TRIPKE ROBERT L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010300

Geography

  • Account Number: 05-05-35-232-064
  • District: 050
  • Parcel: 05-35-232-064
  • Block: 1
  • Lot: 5-6,8
  • Municipality: BELVIDERE
  • Latitude: 42.2545
  • Longitude: -88.8423

    Address

  • Full Address: 601 Pearl St
  • Address - House Number: 601
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: IL
  • City Name: Belvidere
  • Carrier Code: C004
  • 4-Digit Zip Code: 5257
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,626

    Appraisal Valuation

  • Standard Deviation: 0.3401
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 31
  • Final Value: 350,893
  • High Value: 470,263
  • Low Value: 231,522

    Market Valuation

  • Market Total Value: $267,195
  • Market Land Value: $67,626
  • Market Improvement Value: $199,569

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,065
  • Assessed Land Value: $22,542
  • Assessed Improvements Value: $66,523

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Jan 05, 2023
  • Current Sale Transaction ID: 11912990269
  • Current Sale Price: $316,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 17, 2015
  • Previous Sale Contract Date: Feb 17, 2015
  • Previous Sale Document Type: Deed

About Belvidere



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Nearby Rentals

Unit for rent at

$915 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
Listing by Manager
Unit for rent at

$1,295 /mo

  • 2 Beds
  • 1.5 Baths
Listing by Manager
Unit for rent at

$1,595 /mo

  • 3 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$950 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 601 Pearl Street located in?
The 601 Pearl Street is a commercial located in the neighborhood of Belvidere in Belvidere, Belvidere.
What is the average sales price for listings in 601 Pearl Street?
The average sales price for units in 601 Pearl Street is $0 currently.

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