NOT LISTED FOR SALE

1501 Addleman St Joliet, IL 60431

Estimated Value: $225,000 - $267,254

3 Beds
1 Bath
1,008 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $94,500 $94 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,897/month

10 Days on Market

About This Home

As of September 2013

LONGLEAT VERY CLEAN 3 BEDROOMRANCH WITH 1 CAR ATTACHED GARAGE. ALMONT A HALF ACRE OF LAND, DECK AND STORAGE SHED. HUD OWNED HOME! CASE #137-511408. SLOD "AS IS" INSURED STATUS: IE (INSURED WITH ESCROW). ESCROW AMOUNT $1,210.00. PROPERTY IS ELIGIBLE FOR FHA 203K FINANCING. "EQUAL HOUSING OPPORTUNITY"

Last Listed By

Ronald Gersch

RE/MAX Realty of Joliet License #475100264 Listed on: 06/08/2013

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,851

Year Built

  • 1974

Lot Details

  • 0.41

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Masonite

Schools

  • Joliet West High School

Utilities

  • Central Air
  • Well
  • Private or Community Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$5,851

Year Built

1974

Lot Details

0

Parking

1

Interior Features

  • Total # Of Rooms: 5
  • Attic: Unfinished
  • Basement: Slab
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X10
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X10
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 10X10
  • Living Room Level: Main Level
  • Living Room Size: 18X14
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 16X10

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Masonite
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s)
  • Driveway: Asphalt

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Heat/Fuel: Gas, Forced Air
  • Sewer: Septic-Private

Schools

  • High School: Joliet West High School
  • Junior High Dist: 30C

Lot Info

  • Lot Dimensions: 104X170X101X170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2016
Sold by
Tyree Amanda K and Graves Kevin
Bought by
Graves Kevin
Total Days on Market
10
Current Estimated Value
$251,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,102
Outstanding Balance
$77,347
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$174,467

Purchase Details

Listed on
Jun 8, 2013
Closed on
Aug 23, 2013
Sold by
Secretary Of Hud
Bought by
Tyree Amanda K and Graves Kevin
Seller's Agent
Ronald Gersch
RE/MAX Realty of Joliet
Buyer's Agent
Jennifer Tapia
First Rate Realty, Inc.
List Price
$90,000
Sold Price
$94,500
Premium/Discount to List
$4,500
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$93,528
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2013
Sold by
Tuning James and Tuning James E
Bought by
Secretary Of Hud

Purchase Details

Closed on
Nov 28, 2012
Sold by
Tuning James and Tuning James E
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Jun 11, 2004
Sold by
Bergeson Timothy and Bergeson Mary
Bought by
Tuning James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,543
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2003
Sold by
Sullivan Ronald L and Sullivan Amy L
Bought by
Bergeson Tim and Bergeson Mary

Purchase Details

Closed on
Jan 27, 2003
Sold by
Sullivan Ronald L and Sullivan Amy L
Bought by
Sullivan Ronald L and Sullivan Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1998
Sold by
Bormann Timothy D and Bormann Kristin L
Bought by
Sullivan Ronald L and Macgirvin Amy L

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
7.26%

Purchase Details

Closed on
Apr 28, 1995
Sold by
First National Bank Of Joliet
Bought by
Bormann Timothy D and Bormann Kristin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,700
Interest Rate
6.02%

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
Graves Kevin -- Servicelink
Tyree Amanda K $94,500 None Available
Secretary Of Hud -- None Available
Gmac Mortgage Llc $84,000 None Available
Tuning James $160,000 First American Title Ins Co
Bergeson Tim $135,000 Ticor Title
Sullivan Ronald L -- --
Sullivan Ronald L $105,500 --
Bormann Timothy D $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Kevin $96,102
Previous Owner Tyree Amanda K $93,528
Previous Owner Tuning James $150,727
Previous Owner Tuning James $156,543
Previous Owner Bergeson Tim $110,000
Previous Owner Sullivan Ronald L $119,500
Previous Owner Sullivan Ronald L $16,000
Previous Owner Sullivan Ronaldc $6,000
Previous Owner Sullivan Ronald L $100,000
Previous Owner Bormann Timothy D $78,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2013 09/20/13 Sold $94,500 +0.5% $94 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
06/17/2013 06/17/13 Price Changed $94,000 +4.4% $93 / Sq Ft
06/08/2013 06/08/13 For Sale $90,000 -- $89 / 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
2023 $5,851 $72,653 $10,658 $61,995
2022 $4,556 $59,799 $10,085 $49,714
2021 $4,234 $56,255 $9,487 $46,768
2020 $3,797 $50,979 $9,487 $41,492
2019 $3,671 $48,900 $9,100 $39,800
2018 $3,519 $46,000 $9,100 $36,900
2017 $3,234 $42,100 $9,100 $33,000
2016 $3,093 $39,350 $9,100 $30,250
2015 $2,636 $36,078 $8,028 $28,050
2014 $2,636 $33,728 $8,028 $25,700
2013 $2,636 $36,338 $8,028 $28,310
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ronald Gersch

    RE/MAX Realty of Joliet

  • Jennifer Tapia

    Buyer's Agent in 2013

    Jennifer Tapia

    First Rate Realty, Inc.

    (773) 339-6564

    1 in this area

    138 Total Sales

    Jennifer Tapia
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08363816

Midwest Real Estate Data (MRED)

APN: 06-02-104-012

Illinois Will County Joliet 60431

1501 Addleman St, Joliet, IL

Homes for Sale in Joliet, IL

This home is located at 1501 Addleman St, Joliet, IL 60431 since 08 June 2013 and is currently estimated at $251,814, approximately $249 per square foot. This property was built in 1974. 1501 Addleman St is a home located in Will County with nearby schools including Troy Craughwell Elementary School, Troy Middle School, and Orenic Intermediate School.

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