$184,000
SOLD OCT 25, 2024
3 Beds
2 Baths
1,559 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

23% Above List Price

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property

About This Home

As of October 2024

Opportunity knocks with this 3-bedroom, 2-bath, Brick Rancher with 1559 SQFT of living space, fixer-upper. If you're an investor seeking your next project or a home owner ready to customize your dream space, this property offers immense potential. This home is a great opportunity to build equity, making this fixer-upper a sound investment. Located in an established and well maintained community of Lake Forest. ***Sold As-is***

Last Agent to Sell the Property

Terry Makdad

CENTURY 21 Nachman Realty Listed on: 10/10/2024

CENTURY 21 Nachman Realty

Last Buyer's Agent

Traci Cistola

CENTURY 21 Nachman Realty

CENTURY 21 Nachman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 1977

Lot Details

  • Property is zoned UR

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,559 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Olive Branch Elementary School
  • William E. Waters Middle School
  • Ic Norcom High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lake Forest 123 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,901

Year Built

Built in 1977

Lot Details

0

Listing Details

  • HOA YN: No
  • Property Type: Residential
  • Property Sub Type: Detached
  • Property Type - Cross Property: Detached Residential
  • Style: Ranch
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: N/A
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • Miscellaneous: Fixer Upper
  • LP/ Sq Ft: 96.22
  • Estimated Year Built: 1977
  • Num Beds With Ensuite: 1
  • Address Street Name Website: Cole
  • Address Street Num Website: 1404
  • Address Website: 1404 Cole RD
  • Fence: No
  • Market Time: 6
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 1
  • Year Built: 1977

Interior Features

  • Equipment: None
  • Flooring Type: Ceramic, Laminate/LVP, Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Appliances: None
  • Stories Number: 1.0000
  • Estimated Sq Ft: 1559

Exterior Features

  • Exterior Siding: Brick
  • Fence Description: None
  • Foundation Type: Crawl
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 2 Space, Off Street, Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Heat Pump W/A
  • Heating: Heat Pump

Schools

  • Elementary School: Olive Branch Elementary
  • Middle School: William E. Waters Middle
  • High School: IC Norcom

Lot Info

  • Waterfront YN: No
  • Zoning: UR

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2901

MLS Schools

  • Elementary School: Olive Branch Elementary
  • School High School: IC Norcom
  • Middle School: William E. Waters Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Oct 25, 2024
Sold by
Jones Fannie F
Bought by
Gatewood Investments Llc
Seller's Agent
Terry Makdad
CENTURY 21 Nachman Realty
Buyer's Agent
Traci Cistola
CENTURY 21 Nachman Realty
List Price
$150,000
Sold Price
$184,000
Premium/Discount to List
$34,000
22.67%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$201,160
Outstanding Balance
$117,636
Interest Rate
1.2%
Mortgage Type
Construction
Estimated Equity
$85,161
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
Bargain Sale Deed $184,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,160 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $344,900 -1.4% $216 / Sq Ft
06/30/2025 06/30/25 For Sale $349,900 +90.2% $219 / Sq Ft
10/25/2024 10/25/24 Sold $184,000 +22.7% $118 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $150,000 -- $96 / Sq Ft
Source: Real Estate Information Network (REIN)

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 $3,087 $234,280 $61,880 $172,400
2023 $2,790 $223,160 $61,880 $161,280
2022 $2,508 $192,890 $33,000 $159,890
2021 $2,327 $178,980 $33,000 $145,980
2020 $2,234 $171,850 $31,430 $140,420
2019 $2,216 $170,460 $31,430 $139,030
2018 $2,216 $170,460 $31,430 $139,030
2017 $2,216 $170,460 $31,430 $139,030
2016 $2,216 $170,460 $31,430 $139,030
2015 $2,216 $170,460 $31,430 $139,030
2014 $2,165 $170,460 $31,430 $139,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10554643

Real Estate Information Network (REIN)

APN: 0682-0490