NOT LISTED FOR SALE

1003 W Park Front St Joliet, IL 60436

Reedwood Neighborhood

Estimated Value: $272,817 - $295,000

4 Beds
1.5 Baths
2,300 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $179,000 $78 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,972/month

66 Days on Market

Highlights

  • Rooftop Deck
  • Traditional Architecture
  • Sun or Florida Room
  • Wooded Lot
  • Wood Flooring
  • Lower Floor Utility Room

About This Home

As of June 2016

Step back in time...like to 1914, when this magnificent home was constructed with the finest building materials, creative architectural splendor and pride in craftsmanship. This home has been coveted for 43 years by it's current owner and is now offered to market for a new owner to take the reigns for it's next chapter in history! The originals: Hardwood flooring, coffered ceilings, stunning custom staircase, thick moldings, baseboards & casings, french doors and pocket doors, light fixtures & hardware. The news: Brand new kitchen with custom Brakur cabinetry, ornate backsplash with down lighting, stainless steel appliances & beautiful granite counter tops. The bathrooms have been updated, radiator heat has been converted to gas forced air heating coupled with central air conditioning, new plumbing & electrical. The exterior has had professional restoration for longevity and the roof is relatively new.

Last Agent to Sell the Property

Mark Meers

Spring Realty License #475121706 Listed on: 02/29/2016

Last Buyer's Agent

Jeffrey Gregory

Realty Executives Success License #471002137

Realty Executives Success

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1914

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70' x 125'
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 1 Car Detached Garage
  • Carport
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Rooftop Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Water Softener is Owned

Community Details

  • Custom

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,748

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 2300
  • Other Equipment: Humidifier, Water-Softener Owned
  • Room Type: Foyer, Sun Room, Utility Room-Lower Level
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Patio, Roof Deck, Storms/Screens
  • Foundation Details: Stone
  • List Price: 179000
  • Lot Features: Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Carport
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 70' X 125'
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 2748
  • Tax Year: 2014
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jun 27, 2016
Sold by
Ruddy Paul R and Ruddy Rita R
Bought by
Perez Margarita and Perez Margarita Y
Seller's Agent
Mark Meers
Spring Realty
Buyer's Agent
Jeffrey Gregory
Realty Executives Success
List Price
$199,900
Sold Price
$179,000
Premium/Discount to List
-$20,900
-10.46%
Current Estimated Value
$284,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,704
Avg. Annual Appreciation
5.11%
Original Mortgage
$175,757
Outstanding Balance
$141,071
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$143,633
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
Perez Margarita $179,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Margarita $175,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $179,000 0.0% $78 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/29/2016 04/29/16 Price Changed $179,000 -10.5% $78 / Sq Ft
02/29/2016 02/29/16 For Sale $199,900 -- $87 / 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
2024 $5,599 $74,844 $14,841 $60,003
2023 $5,599 $66,498 $13,186 $53,312
2022 $5,001 $60,152 $11,928 $48,224
2021 $4,716 $56,180 $11,140 $45,040
2020 $4,446 $53,352 $10,579 $42,773
2019 $4,188 $49,584 $9,832 $39,752
2018 $3,968 $45,818 $9,085 $36,733
2017 $3,683 $41,657 $8,260 $33,397
2016 $2,939 $38,341 $7,572 $30,769
2015 $2,749 $35,950 $7,100 $28,850
2014 $2,749 $35,750 $7,050 $28,700
2013 $2,749 $37,630 $7,860 $29,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09150810

Midwest Real Estate Data (MRED)

APN: 30-07-17-407-018