NOT LISTED FOR SALE

1476 W Lotus Ln Kankakee, IL 60901

Estimated Value: $288,000 - $325,080

4 Beds
2.5 Baths
2,696 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $175,000 $65 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,108/month

82 Days on Market

Highlights

  • Formal Dining Room
  • Living Room
  • Central Air
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of August 2014

4 bedroom, 2.5 bath 2-story w 2 car attached garage in Limestone's Heil Estates subdivision. 2nd largest lot at almost a full acre! Eat in kitchen with ceramic flooring & corian counter tops. Hardwood floors in dining & living rms. Master bdrm carpet w hw underneath (same w 4th bdrm). Sold oak doors. Fenced in back yard with shed. High efficiency furnace & air conditioner 2 years old.

Last Agent to Sell the Property

Amanda Armer-Irps

Berkshire Hathaway HomeServices Speckman Realty License #475133313 Listed on: 05/09/2014

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Joyce Frank

Coldwell Banker Realty License #475097338

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 123x255
  • Property is zoned SINGL

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Cedar

Interior Spaces

  • 2,696 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,862

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1970
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 2696
  • Room Type: Other Room
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 123X255
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 4861.66
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Aug 29, 2014
Sold by
Scott Vaughn J and Scott Laurie S
Bought by
Nelson Zachary D and Nelson Dana M
Seller's Agent
Amanda Armer-Irps
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Joyce Frank
Coldwell Banker Realty
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Current Estimated Value
$305,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,270
Avg. Annual Appreciation
5.11%
Original Mortgage
$166,250
Outstanding Balance
$127,087
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$178,183
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
Nelson Zachary D $175,000 Kankakee Cnty Title & Tr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Zachary D $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $175,000 -6.9% $65 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
06/12/2014 06/12/14 Price Changed $187,900 -1.1% $70 / Sq Ft
05/08/2014 05/08/14 For Sale $189,900 -- $70 / 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 $6,118 $89,495 $10,071 $79,424
2023 $5,724 $82,105 $9,239 $72,866
2022 $5,388 $75,848 $8,535 $67,313
2021 $5,269 $72,409 $8,148 $64,261
2020 $5,224 $70,989 $7,988 $63,001
2019 $5,152 $69,768 $7,851 $61,917
2018 $5,073 $68,737 $7,735 $61,002
2017 $5,033 $67,721 $7,621 $60,100
2016 $4,919 $65,908 $7,417 $58,491
2015 $4,596 $64,300 $7,236 $57,064
2014 $4,830 $68,347 $7,384 $60,963
2013 -- $69,387 $7,496 $61,891
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08609833

Midwest Real Estate Data (MRED)

APN: 07-08-25-401-004