NOT LISTED FOR SALE

1434 Wabash Ave Jerome, IL 62704

Estimated Value: $705,671

Studio
-- Bath
5,000 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $450,000 $90 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,360/month

497 Days on Market

About This Home

As of December 2017

Very nice building mostly open, presently a furniture store and a budget truck rental establishment. Lots of parking. Call for showings. Sq ft to be accurate but not warranted.

Last Agent to Sell the Property

Ronald Duff

RE/MAX Professionals License #471001747 Listed on: 07/01/2016

RE/MAX Professionals

Last Buyer's Agent

TIMOTHY MATHIS

IN BETWEEN OFFICES License #475163371

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Land & Farm
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 90
  • Total Sq Ft: 5000

Lot Info

  • Zoning: B1
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Michels Earl F
Bought by
Backyard Leisure Properties Llc
Current Estimated Value
$705,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,894
Outstanding Balance
$430,024
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$277,668

Purchase Details

Closed on
Jun 21, 2007

Purchase Details

Closed on
Aug 10, 2005

Purchase Details

Closed on
Mar 11, 2005

Purchase Details

Closed on
Jul 28, 2004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Backyard Leisure Properties Llc -- Zelle Law Offices Pc
-- $246,000 --
-- $220,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Backyard Leisure Properties Llc $463,894
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2017 12/19/17 Sold $450,000 -2.2% $90 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
07/01/2016 07/01/16 For Sale $460,000 -- $92 / Sq Ft
Source: RMLS Alliance

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 $8,091 $98,919 $92,269 $6,650
2023 $7,933 $91,591 $85,434 $6,157
2022 $7,612 $86,677 $80,850 $5,827
2021 $7,347 $83,280 $77,681 $5,599
2020 $7,090 $82,374 $76,836 $5,538
2019 $6,838 $80,933 $75,492 $5,441
2018 $6,606 $80,587 $75,169 $5,418
2017 $6,449 $79,349 $74,014 $5,335
2016 $6,254 $77,300 $72,103 $5,197
2015 $6,138 $75,555 $70,475 $5,080
2014 $6,035 $74,926 $69,888 $5,038
2013 $5,945 $75,729 $70,637 $5,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA164116

RMLS Alliance

APN: 22-08.0-401-009