NOT LISTED FOR SALE

1318 Park Dr Montgomery, IL 60538

Estimated Value: $260,000 - $269,000

5 Beds
2 Baths
1,040 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $112,500 $108 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,707/month

17 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Bathroom on Main Level
  • Wood Flooring
  • Breakfast Bar
  • 4-minute walk to Phillips Park

About This Home

As of December 2014

BANK OWNED! Sold in AS-IS condition! Taxes prorated at 100% & NO SURVEY PROVIDED! This nice Montgomery ranch offers 3 Bedrooms, A spacious Living room w/FPL Plus a Lower level Rec Rm w/wood stove, a Country Kitchen w/cozy Dining Area, 2 full baths, A Nice sized Ldy/UTL rm in LL, 2 additional basement Bonus rooms, an attached 1 car garage, a Fenced yard and located only minutes to I-88, Metra, Mall & schools!

Last Agent to Sell the Property

Martha Corral

Century 21 Circle - Aurora License #475122778 Listed on: 10/17/2014

Century 21 Circle - Aurora

Last Buyer's Agent

Martha Corral

Century 21 Circle - Aurora License #475122778 Listed on: 10/17/2014

Century 21 Circle - Aurora

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,799

Year Built

  • 1963

Lot Details

  • 10,019

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Breakfast Bar
  • Wood Flooring
  • Bathroom on Main Level
  • East or West Exposure

Listing and Financial Details

  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,799

Year Built

1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1963
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Living Room: Dimensions: 17X13, On Level: Main Level
  • Fireplace Location: Living Room, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 2
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 13X09, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X12, On Level: Basement
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Bedroom 4: Dimensions: 12X13, On Level: Basement
  • Estimated Sq Ft: 1040
  • Family Room: Dimensions: 25X13, On Level: Basement

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: W (West)
  • Acreage: 0.2324

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 131
  • Junior High Dist: 131

Lot Info

  • Lot Dimensions: 75X135
  • Parcel Identification Number: 1535327006

Tax Info

  • Taxes: 3022.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Nov 20, 2014
Sold by
Old Second National Bank
Bought by
Salas Belinda
Seller's Agent
Martha Corral
Century 21 Circle - Aurora
Buyer's Agent
Martha Corral
Century 21 Circle - Aurora
List Price
$119,900
Sold Price
$112,500
Premium/Discount to List
-$7,400
-6.17%
Current Estimated Value
$264,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,386
Avg. Annual Appreciation
8.18%
Original Mortgage
$110,461
Outstanding Balance
$86,149
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$178,737

Purchase Details

Closed on
Jul 21, 2014
Sold by
Espinoza Ruperto and Cisneros Yurit
Bought by
Old Second National Bank

Purchase Details

Closed on
Oct 22, 2004
Sold by
Dowd Patrick and Dowd Karin
Bought by
Espinoza Ruperto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,700
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1995
Sold by
Skrek Michael C and Skrek Maria
Bought by
Dowd Patrick and Given Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
7.43%
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
Salas Belinda $112,500 Chicago Title Insurance Co
Old Second National Bank -- None Available
Espinoza Ruperto $146,000 First American Title
Dowd Patrick $98,000 Law Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salas Belinda $110,461
Previous Owner Espinoza Ruperto $138,700
Previous Owner Dowd Patrick $93,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $112,500 -6.2% $108 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $119,900 -- $115 / 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 $3,799 $67,614 $15,984 $51,630
2023 $3,457 $60,413 $14,282 $46,131
2022 $3,137 $52,887 $13,031 $39,856
2021 $3,079 $49,238 $12,132 $37,106
2020 $3,403 $52,385 $11,269 $41,116
2019 $3,348 $48,536 $10,441 $38,095
2018 $3,288 $45,887 $9,658 $36,229
2017 $3,369 $43,576 $11,124 $32,452
2016 $3,172 $38,651 $9,535 $29,116
2015 -- $34,334 $9,110 $25,224
2014 -- $31,662 $8,372 $23,290
2013 -- $33,699 $8,828 $24,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08756040

Midwest Real Estate Data (MRED)

APN: 15-35-327-006