$520,000
SOLD AUG 2, 2023

1303 N Joseph Ln Addison, IL 60101

5 Beds
3.5 Baths
3,321 Sq Ft
8,629 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

4% Below List Price

19 Days on Market

Highlights

  • Second Kitchen
  • Vaulted Ceiling
  • Breakfast Room
  • Recreation Room
  • Wood Flooring
  • Skylights

About This Home

As of August 2023

Rare Farmwood, All Brick with Tile Roof, 5 Bedrooms, Loft, and Office. Extra large Dining Room, family room with Wet Bar on 1st floor. Walk in pantry. 1st Floor Laundry with Possible gym on 1st floor as well. This needs a little TLC as the price reflects.

Last Agent to Sell the Property

David Ramirez

Net Realty Corp License #471018476 Listed on: 06/13/2023

Last Buyer's Agent

Hamna Amin

Keller Williams Premiere Properties License #475190191

Keller Williams Premiere Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,778

Year Built

  • Built in 1988

Lot Details

  • 8,629 Sq Ft Lot
  • Lot Dimensions are 116x87x140x46
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,321 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Second Kitchen
  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Intercom
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Farmwood Estates Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,778

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Farmwood Estates
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer
  • Basement: Full, English
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, In-Law Arrangement, First Floor Laundry
  • LivingArea: 3321
  • Other Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Kitchen, Bedroom 5, Breakfast Room, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Full,Unfinished
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 540000
  • Roof: Tile
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.1981
  • Lot Dimensions: 116X87X140X46
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 10777.8
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2018
Sold by
Vazquez Blanca R
Bought by
Vazquez Family Land Trust
Current Estimated Value
$623,428

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 27, 2015
Sold by
Byline Bank
Bought by
Vazquez Blanca R
Seller's Agent
Michael Fields
United Real Estate - Chicago
Buyer's Agent
David Ramirez
Net Realty Corp
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Apr 27, 2005
Sold by
Cascella Raffaella M
Bought by
Metropolitan Bank & Trust and Trust #2473

Purchase Details

Closed on
Dec 14, 2004
Sold by
Cascella Joseph F
Bought by
Cascella Raffaella M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $400,000 Git
Deed $520,000 First American Title
Interfamily Deed Transfer -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $274,000 Unknown
Previous Owner $265,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $520,000 -3.7% $157 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $540,000 +35.0% $163 / Sq Ft
07/29/2015 07/29/15 Sold $400,000 -4.3% $120 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
05/15/2015 05/15/15 Price Changed $417,900 -1.7% $126 / Sq Ft
04/29/2015 04/29/15 For Sale $425,000 -- $128 / 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
2023 $12,105 $180,440 $59,990 $120,450
2022 $10,778 $179,540 $59,690 $119,850
2021 $10,808 $171,970 $57,170 $114,800
2020 $11,006 $164,720 $54,760 $109,960
2019 $11,395 $158,380 $52,650 $105,730
2018 $11,880 $164,620 $51,120 $113,500
2017 $12,147 $157,340 $48,860 $108,480
2016 $12,257 $145,270 $45,110 $100,160
2015 $11,984 $134,200 $41,670 $92,530
2014 $12,689 $140,860 $41,920 $98,940
2013 $12,420 $143,730 $42,770 $100,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11806509

Midwest Real Estate Data (MRED)

APN: 03-17-309-036