NOT LISTED FOR SALE

1331 N 5th Ave Kankakee, IL 60901

Estimated Value: $158,000 - $217,786

2 Beds
2 Baths
1,034 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $178,000 $172 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,267/month

76 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Porch
  • Formal Dining Room
  • 2.5 Car Detached Garage
  • Walk-In Closet

About This Home

As of January 2024

*BRADLEY SCHOOLS* FULL BRICK 3 BEDROOM 2 BATH RANCH THAT WAS JUST UPDATED!! ** FULL FINISHED BASEMENT** AND ALMOST 2000 SQ FT OF LIVING SPACE. NEW KITCHEN PLANK FLOORING,TRIM,CABINET AND UPDATED LIGHTS. NEW STAINLESS STEEL APPLIANCES. DINING ROOM AND LIVING ROOM WITH BEAUTIFUL PLANK FLOORS. UPDATED 2ND BATHROOM WITH TUB. LARGE MASTER BEDROOM AND PRIVATE MASTER BATH & LARGE WALK IN SHOWER AND WALK IN CLOSET. AWESOME GAME ROOM IN BASEMENT WITH BEAUTIFUL TILE FLOORS. LARGE 2.5 CAR GARAGE WITH EXTENDED CEMENT DRIVEWAY AND PAVER PATIO. PLUS A FENCED IN YARD. GREAT LOCATION JUST DOWN THE STREET FROM OLIVET NAZARENE UNIVERSITY, SHOPPING AND RESTURANTS WITH IN WALKING DISTANCE

Last Agent to Sell the Property

Glenn Sharp

Legacy Realty Latta Young License #475142597 Listed on: 10/05/2023

Last Buyer's Agent

Marla Good

Keller Williams Preferred Rlty

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 1950 | Remodeled in 2023

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Fenced Yard

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Radon Mitigation System

Interior Spaces

  • 1,034 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Formal Dining Room
  • Carbon Monoxide Detectors
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Outdoor Features

  • Patio
  • Porch

Schools

  • Bradley Boubonnais High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,671

Year Built

Built in 1950 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Finished Sq Ft: 950
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 1034
  • Other Equipment: Central Vacuum, CO Detectors, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1984
  • Basement Description: Finished,Rec/Family Area,Sleeping Area,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 1034
  • Basement Sq Ft: 950
  • Total Sq Ft: 1984
  • Upper Level Sq Ft: 1034
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • List Price: 183000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Bradley Boubonnais High School
  • Middle/Junior School District: 61

Lot Info

  • Lot Size Acres: 0.172
  • Lot Dimensions: 50X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2671.3
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Jan 9, 2024
Sold by
Akerman Corey and Akerman Annette
Bought by
Guerrero Juan P Hipolito and Hipolito Jocelyn
Seller's Agent
Glenn Sharp
Legacy Realty Latta Young
Buyer's Agent
Marla Good
Keller Williams Preferred Rlty
List Price
$185,000
Sold Price
$178,000
Premium/Discount to List
-$7,000
-3.78%
Views
344
Current Estimated Value
$180,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,947
Avg. Annual Appreciation
2.91%
Original Mortgage
$174,775
Outstanding Balance
$172,641
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$13,602

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 9, 2021
Sold by
Davis-Horton Merline J
Bought by
Akerman Annette and Akerman Corey
Seller's Agent
Glenn Sharp
Legacy Realty Latta Young
Buyer's Agent
Glenn Sharp
Legacy Realty Latta Young
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$130,500
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 22, 2020
Sold by
Manning Dawn M and Manning Chuck
Bought by
Davis-Horton Merline J
Seller's Agent
Mollie Grizzle
LaMore Realty
Buyer's Agent
Glenn Sharp
Legacy Realty Latta Young
List Price
$103,000
Sold Price
$100,000
Premium/Discount to List
-$3,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.68%
Original Mortgage
$98,188
Interest Rate
2.75%
Mortgage Type
FHA
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
Guerrero Juan P Hipolito $178,000 Chicago Title
Akerman Annette $145,000 Premier Title
Davis-Horton Merline J $100,000 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Juan P Hipolito $174,775
Previous Owner Akerman Annette $130,500
Previous Owner Davis-Horton Merline J $98,188
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $178,000 0.0% $172 / Sq Ft
12/31/2023 12/31/23 Off Market $178,000 -- --
12/21/2023 12/21/23 Pending -- -- --
11/05/2023 11/05/23 Price Changed $183,000 -1.1% $177 / Sq Ft
10/05/2023 10/05/23 For Sale $185,000 +27.6% $179 / Sq Ft
09/13/2021 09/13/21 Sold $145,000 -8.8% $140 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/04/2021 08/04/21 For Sale -- -- --
07/25/2021 07/25/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $159,000 +59.0% $154 / Sq Ft
09/23/2020 09/23/20 Sold $100,000 -2.9% $97 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $103,000 0.0% $100 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/26/2020 07/26/20 Price Changed $103,000 -2.8% $100 / Sq Ft
07/13/2020 07/13/20 For Sale $106,000 -- $103 / 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 $3,369 $44,550 $4,130 $40,420
2023 $3,037 $39,468 $3,824 $35,644
2022 $2,983 $37,508 $4,686 $32,822
2021 $2,812 $35,448 $4,583 $30,865
2020 $2,671 $34,499 $4,460 $30,039
2019 $2,568 $32,105 $4,330 $27,775
2018 $2,439 $30,834 $4,266 $26,568
2017 $2,422 $30,082 $4,162 $25,920
2016 $2,267 $28,655 $4,100 $24,555
2015 $2,154 $27,441 $4,059 $23,382
2014 $2,303 $29,550 $4,059 $25,491
2013 -- $35,922 $4,059 $31,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11898866

Midwest Real Estate Data (MRED)

APN: 17-09-30-422-017