124 Hobbs Ave Joliet, IL 60433
Southeast Joliet NeighborhoodEstimated Value: $167,000 - $198,000
5
Beds
3
Baths
--
Sq Ft
7,841
Sq Ft Lot
About This Home
As of July 2021THIS 2 UNIT, 2STORY WITH A SINGLE FAMILY HOME NEEDS A LITTLE TLC.GREAT INCOME POTENTIAL.HOUSE IS RENTED.HAS 2 CAR GARAGE AND DECKS FOR EACH LEVEL ON 2 UNIT
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,963
Year Built
- Built in 1900
Lot Details
- 7,841
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
Community Details
Overview
- 3 Units
Building Details
- Fuel Expense $1,659
- Water Sewer Expense $1,507
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2022
Sold by
Encino Development Llc
Bought by
Alcantar Jesus
Total Days on Market
85
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Outstanding Balance
$170,259
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$18,408
Purchase Details
Listed on
Mar 16, 2021
Closed on
Jul 23, 2021
Sold by
Ronald J Orloff Llc
Bought by
Encino Development Llc
Seller's Agent
David Neven
Karges Realty
Buyer's Agent
David Neven
Karges Realty
List Price
$139,900
Sold Price
$127,000
Premium/Discount to List
-$12,900
-9.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$138,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 25, 2010
Sold by
Joliet Rentals.Com
Bought by
Ronald J Orloff Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 30, 2008
Sold by
Ronald J Orloff Llc
Bought by
Joliet Rentalscom Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.88%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 26, 2006
Sold by
Phillips Margaret and Boisseau Patricia L
Bought by
Ronald J Orloff Llc
Purchase Details
Closed on
Sep 22, 2004
Sold by
Phillips Margaret
Bought by
Phillips Margaret and Robbins Patricia L
Similar Homes in Joliet, IL
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alcantar Jesus | -- | Timothy P Mchugh Ltd | |
| Encino Development Llc | $127,000 | First American Title | |
| Ronald J Orloff Llc | -- | Fidelity Nt | |
| Joliet Rentalscom Llc | $140,000 | None Available | |
| Ronald J Orloff Llc | $90,000 | Ticor Title | |
| Phillips Margaret | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alcantar Jesus | $178,500 | |
| Closed | Alcantar Jesus | $178,500 | |
| Previous Owner | Encino Development Llc | $138,000 | |
| Previous Owner | Ronald J Orloff Llc | $542,000 | |
| Previous Owner | Ronald J Orloff Llc | $192,000 | |
| Previous Owner | Joliet Rentalscom Llc | $140,000 | |
| Previous Owner | Robbins Earnestine | $1,736 | |
| Previous Owner | Robbins Earnestine | $71,881 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2021 07/26/21 | Sold | $127,000 | -9.2% | -- |
| 06/09/2021 06/09/21 | Pending | -- | -- | -- |
| 05/04/2021 05/04/21 | For Sale | $139,900 | 0.0% | -- |
| 03/27/2021 03/27/21 | Pending | -- | -- | -- |
| 03/16/2021 03/16/21 | For Sale | $139,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,576 | $51,292 | $7,982 | $43,310 |
| 2022 | $4,285 | $46,397 | $7,220 | $39,177 |
| 2021 | $3,284 | $34,939 | $6,743 | $28,196 |
| 2020 | $3,115 | $33,181 | $6,404 | $26,777 |
| 2019 | $2,963 | $30,838 | $5,952 | $24,886 |
| 2018 | $2,839 | $28,496 | $5,500 | $22,996 |
| 2017 | $2,676 | $25,907 | $5,000 | $20,907 |
| 2016 | $2,613 | $24,316 | $4,586 | $19,730 |
| 2015 | $2,521 | $22,800 | $4,300 | $18,500 |
| 2014 | $2,521 | $22,700 | $4,300 | $18,400 |
| 2013 | $2,521 | $24,759 | $4,765 | $19,994 |
Source: Public Records
Agents Affiliated with this Home
-
David Neven
D
Seller's Agent in 2021
David Neven
Karges Realty
(815) 953-4482
13 in this area
84 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11022412
APN: 07-15-216-011
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