NOT LISTED FOR SALE

1481 W Grace St Kankakee, IL 60901

Estimated Value: $229,000 - $324,129

4 Beds
3 Baths
2,035 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $265,000 $130 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,107/month

1 Day on Market

Highlights

  • Property is near park
  • Sun or Florida Room
  • Stainless Steel Appliances
  • Ranch Style House
  • Wine Refrigerator
  • 2 Car Detached Garage

About This Home

As of April 2023

Architectural design is well suited for related living space in this sprawling Ranch of 4 Bedrooms and 3 Baths. This dream home has been completely remodeled and is ready for entertaining family and friends. White Kitchen with granite countertops, Jenn Air cook top with down draft vent, Electrolux commercial grade refrigerator, wet bar with wine fridge, snack bar, BI Coffee maker and a pass-through window to the patio. The Kitchen is open to a family room with a wood burning fireplace. Bathrooms feature beautifully tiled showers and new vanities. All new Pella windows! New light fixtures and LED recessed lighting throughout and a wonderful Sunroom with built-in book cases. Absolutely wonderful floor plan! The 2.5 car garage is 22 x 30 and is heated and has a workshop. Very private patio and back yard! Nothing to do but move in!

Last Agent to Sell the Property

Amanda Fedrow

Berkshire Hathaway HomeServices Speckman Realty License #475127518 Listed on: 03/25/2023

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Lynn Randazzo

Berkshire Hathaway HomeServices Speckman Realty License #471020052

Berkshire Hathaway HomeServices Speckman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,074

Year Built

  • Built in 1965 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 133.3x145.05x85x135.6
  • Property is zoned SINGL

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,035 Sq Ft Home
  • Built-In Features
  • Skylights
  • Wood Burning Fireplace
  • Replacement Windows
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near park

Utilities

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

Community Details

  • Gracefield Subdivision
  • Shops

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,074

Year Built

Built in 1965 | 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
  • Subdivision Name: Gracefield
  • Year Built: 1965
  • Age: 51-60 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Built-In Oven
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Shops, Replacement Windows
  • LivingArea: 2035
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 2035
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Family Room
  • Total Sq Ft: 2035
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks, Street Lights
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 133.3X145.05X85X135.6
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5074.48
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
Apr 27, 2023
Sold by
Gerald P Lafond Trust
Bought by
Powell Chad Michael
Seller's Agent
Amanda Fedrow
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Lynn Randazzo
Berkshire Hathaway HomeServices Speckman Realty
List Price
$234,900
Sold Price
$265,000
Premium/Discount to List
$30,100
12.81%
Views
55
Current Estimated Value
$278,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,032
Avg. Annual Appreciation
1.77%
Original Mortgage
$260,200
Outstanding Balance
$253,109
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$24,923

Purchase Details

Closed on
Dec 18, 2020
Sold by
Lafond Francis B and Lafond Lauretta T
Bought by
Gerald P Lafond Trust

Purchase Details

Closed on
May 2, 2014
Sold by
Uphoff John W Trust
Bought by
Francis Lauretta and Lafond Lauretta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Powell Chad Michael $265,000 Kankakee County Title
Gerald P Lafond Trust -- Ann L Brezinski Law Office Llc
Francis Lauretta $89,000 Kankakee Cnty Title & Tr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Chad Michael $260,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $265,000 +12.8% $130 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $234,900 -- $115 / 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 $7,841 $66,274 $11,673 $54,601
2023 $7,555 $59,041 $10,399 $48,642
2022 $7,028 $51,677 $9,102 $42,575
2021 $5,074 $46,766 $8,237 $38,529
2020 $3,693 $42,037 $7,404 $34,633
2019 $3,783 $39,104 $6,887 $32,217
2018 $4,713 $36,208 $6,377 $29,831
2017 $5,254 $35,412 $6,237 $29,175
2016 $5,928 $34,718 $6,115 $28,603
2015 $6,059 $37,489 $6,240 $31,249
2014 $5,244 $39,670 $6,240 $33,430
2013 -- $41,323 $6,500 $34,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11745174

Midwest Real Estate Data (MRED)

APN: 16-16-01-404-012