NOT LISTED FOR SALE

1498 S 3rd Ave Kankakee, IL 60901

Estimated Value: $107,000 - $195,000

5 Beds
2 Baths
1,552 Sq Ft
$95/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $52,000 $34 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,055/month

4 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • Corner Lot
  • Property is near park
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of August 2021

What a great 5 bedroom 2 bathroom home with large back yard! Come see this beautiful home with so much to offer, 2 bedrooms on first floor with one bedroom used as a formal dining room now, 2 updated bathrooms one on the first floor and one on the second floor, newer windows, full basement with plenty of storage space, 2 furnaces and 2 air conditioners with zoned heating and air. Beautiful mature trees and a great corner lot, Taxes doesn't reflect any exemption now so It will be lower for the new buyers, sold as is.

Last Agent to Sell the Property

Azza Tawfik

McColly Bennett Real Estate License #475115067 Listed on: 06/14/2021

McColly Bennett Real Estate

Last Buyer's Agent

Rory Hertzberg

Village Realty, Inc License #475168321

Village Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,736

Year Built

  • Built in 1926 | Remodeled in 2018

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Corner Lot
  • Paved or Partially Paved Lot
  • Mature Trees
  • Property is zoned SINGL

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,552 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Porch
  • Property is near park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,736

Year Built

Built in 1926 | Remodeled in 2018

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1552
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Porch
  • Lot Features: Corner Lot, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.1722
  • Lot Dimensions: 50 X 150
  • Zoning: SINGL
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 2736
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
1468 Soling Llc
Bought by
Trust Number 3055
Current Estimated Value
$148,185

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
Outstanding Balance
$84,415
Interest Rate
5.21%
Mortgage Type
New Conventional
Estimated Equity
$63,770

Purchase Details

Closed on
Apr 13, 2022
Sold by
Arturo Galvez
Bought by
1468 Soling Llc

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 30, 2021
Sold by
Zavala Avalos Julio Cesar
Bought by
Galvez Arturo
Seller's Agent
Azza Tawfik
McColly Bennett Real Estate
Buyer's Agent
Rory Hertzberg
Village Realty, Inc
List Price
$55,000
Sold Price
$52,000
Premium/Discount to List
-$3,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.07%

Purchase Details

Listed on
May 23, 2019
Closed on
Dec 13, 2019
Sold by
Kankakee Homes Of Kh Group Llc
Bought by
Avalos Julio Cesar Zavala
Seller's Agent
Cindy Pease
Pease Real Estate
Buyer's Agent
Azza Tawfik
McColly Bennett Real Estate
List Price
$37,500
Sold Price
$25,000
Premium/Discount to List
-$12,500
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.45%
Original Mortgage
$21,250
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2019
Sold by
Trust Number 1661
Bought by
Kankakee Homes Of Kh Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Trust Number 3055 -- None Listed On Document
1468 Soling Llc -- Standard Title
Galvez Arturo $52,000 Community Title
Avalos Julio Cesar Zavala $25,000 Homestart Title
Kankakee Homes Of Kh Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trust Number 3055 $100,000
Previous Owner Avalos Julio Cesar Zavala $21,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2021 08/09/21 Sold $52,000 -5.5% $34 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $55,000 +120.0% $35 / Sq Ft
12/13/2019 12/13/19 Sold $25,000 -33.3% $16 / Sq Ft View Prior Sale
11/22/2019 11/22/19 Pending -- -- --
10/06/2019 10/06/19 For Sale $37,500 0.0% $24 / Sq Ft
10/06/2019 10/06/19 Price Changed $37,500 -6.3% $24 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
07/25/2019 07/25/19 Price Changed $40,000 -11.1% $26 / Sq Ft
05/23/2019 05/23/19 For Sale $45,000 -- $29 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,486 $29,450 $4,931 $24,519
2023 $3,359 $26,236 $4,393 $21,843
2022 $3,125 $22,964 $3,845 $19,119
2021 $2,950 $20,782 $3,480 $17,302
2020 $2,737 $18,680 $3,128 $15,552
2019 $2,609 $17,377 $2,910 $14,467
2018 $2,512 $16,089 $2,694 $13,395
2017 $2,813 $15,735 $2,635 $13,100
2016 $2,636 $15,426 $2,583 $12,843
2015 $2,546 $15,741 $2,636 $13,105
2014 $2,726 $17,491 $2,636 $14,855
2013 -- $18,220 $2,746 $15,474
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11121707

Midwest Real Estate Data (MRED)

APN: 16-17-07-211-009

Your Personal Tour Guide

Ask me questions while you tour the home.