NOT LISTED FOR SALE

116 Cedar Ln Bourbonnais, IL 60914

Estimated Value: $242,000 - $344,000

3 Beds
2 Baths
1,964 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $125,000 $64 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,936/month

125 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating System
  • Liberty Intermediate School Rated 9+

About This Home

As of May 2024

Schedule your showing! This 3 bedroom ranch is situated on an over-sized lot and offers a 2 car detached garage, a beautiful front deck/porch, and a fireplace. This would be a perfect home for an investor looking to add to their portfolio, or a first time buyer looking to put in some work and make this house their home.

Last Agent to Sell the Property

Dan Robinson

Crosstown Realtors, Inc. License #471017974 Listed on: 12/07/2023

Last Buyer's Agent

Eileen Hermann

Keller Williams Preferred Rlty License #475179042

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,367

Year Built

  • Built in 1989

Lot Details

  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,367

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1964
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 0.70
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5367.04
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Apr 25, 2024
Sold by
Mtg Eqity Conversion Asset Tr and Us Bank National Association
Bought by
Jai Mataji Properties Llc
Seller's Agent
Dan Robinson
Crosstown Realtors, Inc.
Buyer's Agent
Eileen Hermann
Keller Williams Preferred Rlty
List Price
$200,000
Sold Price
$125,000
Premium/Discount to List
-$75,000
-37.5%
Views
678
Current Estimated Value
$269,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,584
Avg. Annual Appreciation
59.33%

Purchase Details

Closed on
Aug 21, 2023
Sold by
Sheriff Of Kankakee County
Bought by
Mortgage Equity Conversion Asset Trust and Odell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jai Mataji Properties Llc $125,000 None Listed On Document
Mortgage Equity Conversion Asset Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $125,000 -15.5% $64 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $148,000 -15.8% $75 / Sq Ft
01/19/2024 01/19/24 Price Changed $175,750 -5.0% $89 / Sq Ft
01/02/2024 01/02/24 Price Changed $185,000 -7.5% $94 / Sq Ft
12/07/2023 12/07/23 For Sale $200,000 -- $102 / 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 $6,290 $80,640 $5,634 $75,006
2023 $6,060 $74,667 $5,217 $69,450
2022 $5,027 $70,998 $4,058 $66,940
2021 $4,843 $68,152 $3,969 $64,183
2020 $4,580 $66,328 $3,863 $62,465
2019 $4,680 $64,396 $3,750 $60,646
2018 $4,166 $63,445 $3,695 $59,750
2017 $4,270 $60,200 $3,605 $56,595
2016 $4,254 $58,218 $3,552 $54,666
2015 $4,253 $57,642 $3,517 $54,125
2014 $4,152 $58,287 $3,517 $54,770
2013 -- $60,018 $3,517 $56,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11943460

Midwest Real Estate Data (MRED)

APN: 17-09-09-302-011