$153,000 - $181,000
RENTED JUN 3, 2024

14528 Spaulding Ave Midlothian, IL 60445

2 Beds
1 Bath
880 Sq Ft
$187 Price per Sq Ft

Last Sold August 29, 2023

Last sale price $135,000 $153 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,113/month

About This Home

As of August 2023

A home with 2 bed, 1 full bath and 2.5 car garage. Recently updated. Close to highway for hassle-free commute to work and amenities. Lease Terms: Minimum of one-year lease. Tenant paying all utilities including electricity, gas, water, sewer, and trash. We require Gross Family income to be 3X rent. Credit Score of 650+ but may consider lower credit with additional deposits. We do conduct employment verification, background checks; credit checks and eviction check as permissible by law. Pets allowed with additional fees. Security Deposit: $1850 **Owner is a Licensed Real Estate Professional**

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 29, 2023
Sold by
Elmer Welk Revocable Trust
Bought by
Chipmunk Real Estate Corp
Seller's Agent
Jim Dace
Harthside Realtors, Inc.
Buyer's Agent
Lenny Feil
Harthside Realtors, Inc.
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%
Views
123
Current Estimated Value
$164,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,241
Avg. Annual Appreciation
13.92%
Original Mortgage
$101,250
Outstanding Balance
$97,878
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$70,169

Purchase Details

Closed on
Oct 15, 2020
Sold by
Welk Elmer
Bought by
Welk Elmer and The Elmer Welk Revocable Trust

Purchase Details

Closed on
Oct 10, 2008
Sold by
Medema David
Bought by
Welk Elmer

Purchase Details

Closed on
May 1, 2008
Sold by
Washington Mutual Bank
Bought by
Medema Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 17, 2007
Sold by
Olszewski
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Sep 3, 2004
Sold by
Hardwick Laurie and Hardwick Michael G
Bought by
Olszewski Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
May 6, 2003
Sold by
Baker Laurie
Bought by
Baker Laurie and Hardwick Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,314
Interest Rate
5.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 1996
Sold by
Jackson George A and Jackson Maudie O
Bought by
Mickiewicz John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,963
Interest Rate
8.1%
Mortgage Type
FHA

Range of Values:

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Average Value
Not Available
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
Chipmunk Real Estate Corp $135,000 Chicago Title Insurance Compan
Welk Elmer -- Attorney
Welk Elmer $150,000 Chicago Metro Title Co Inc
Medema Dave $81,000 Chicago Title
Washington Mutual Bank -- None Available
Olszewski Ronald $133,000 Ticor Title
Baker Laurie -- Stewart Title Guaranty Compa
Mickiewicz John E $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chipmunk Real Estate Corp $101,250
Previous Owner Medema Dave $100,000
Previous Owner Olszewski Ronald $106,400
Previous Owner Baker Laurie $92,314
Previous Owner Mickiewicz John E $61,963
Closed Olszewski Ronald $26,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Rented $1,850 0.0% --
05/24/2024 05/24/24 Under Contract -- -- --
05/15/2024 05/15/24 Price Changed $1,850 -2.6% $2 / Sq Ft
04/30/2024 04/30/24 For Rent $1,900 0.0% --
08/29/2023 08/29/23 Sold $135,000 0.0% $153 / Sq Ft
08/29/2023 08/29/23 Off Market $135,000 -- --
07/27/2023 07/27/23 Pending -- -- --
07/25/2023 07/25/23 Price Changed $144,900 -9.4% $165 / Sq Ft
07/18/2023 07/18/23 For Sale $159,900 -- $182 / Sq Ft

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 $2,440 $13,001 $2,328 $10,673
2023 $2,440 $13,001 $2,328 $10,673
2022 $2,440 $11,351 $1,995 $9,356
2021 $869 $11,350 $1,995 $9,355
2020 $771 $11,350 $1,995 $9,355
2019 $860 $9,805 $1,828 $7,977
2018 $848 $9,805 $1,828 $7,977
2017 $803 $9,805 $1,828 $7,977
2016 $1,802 $8,910 $1,662 $7,248
2015 $1,851 $8,910 $1,662 $7,248
2014 $1,088 $8,910 $1,662 $7,248
2013 $1,927 $9,776 $1,662 $8,114
Source: Public Records

Agents Affiliated with this Home

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