NOT LISTED FOR SALE

1503 Elwood St Unit 1 Wilmington, IL 60481

Estimated Value: $254,932 - $271,000

3 Beds
3 Baths
1,700 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $211,000 $124 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,773/month

5 Days on Market

Highlights

  • Home Office
  • 2 Car Attached Garage
  • Laundry Room
  • L.J. Stevens Intermediate School Rated A-
  • Living Room
  • Central Air

About This Home

As of April 2022

Welcome home to this charming 3 bedroom, 3 bathroom home. Amenities include an open floor plan with vaulted ceilings, kitchen features newer cabinets and breakfast bar, large living room, combo dining room, laundry area, master bedroom has an en-suite bathroom and walkin closet, 2 additional well-sized bedrooms, fenced-in yard, shed (10x12), and a 2 car attached garage! Recent updates include: wood laminate flooring, Windows (2014), Roof (2014) Siding (2018), HVAC (19). This gem won't last long!

Last Agent to Sell the Property

Jerrick Longest

@properties Christie's International Real Estate License #475154125 Listed on: 02/23/2022

@properties Christie's International Real Estate

Co-Listed By

Ivana Longest

@properties Christie's International Real Estate License #475154124

Last Buyer's Agent

Jerrick Longest

@properties Christie's International Real Estate License #475154125 Listed on: 02/23/2022

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,804

Year Renovated

  • 2014

Lot Details

  • Lot Dimensions are 100x123x93x80

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level with Sub
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,700 Sq Ft Home
  • ENERGY STAR Qualified Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Schools

  • Stevens Intermediate School
  • Wilmington Middle School
  • Wilmington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,804

Year Renovated

2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • 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: 2014
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1700
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 189900
  • 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)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Stevens Intermediate School
  • High School: Wilmington High School
  • Middle/Junior School: Wilmington Middle School
  • Middle/Junior School District: 209U

Lot Info

  • Lot Dimensions: 100X123X93X80
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3804.08
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Mar 28, 2022
Sold by
Lathus Kelly J
Bought by
Jones Trevor and Jones Denee
Seller's Agent
Jerrick Longest
@properties Christie's International Real Estate
Buyer's Agent
Jerrick Longest
@properties Christie's International Real Estate
List Price
$189,900
Sold Price
$211,000
Premium/Discount to List
$21,100
11.11%
Current Estimated Value
$261,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,983
Avg. Annual Appreciation
6.38%
Original Mortgage
$136,000
Outstanding Balance
$127,974
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$134,009

Purchase Details

Listed on
Apr 6, 2013
Closed on
Feb 13, 2014
Sold by
Thomas Vernette S
Bought by
Bovis Kelly J
Seller's Agent
William Connell
Coldwell Banker Honig-Bell
Buyer's Agent
Jerrick Longest
@properties Christie's International Real Estate
List Price
$77,000
Sold Price
$77,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%

Purchase Details

Closed on
Jul 30, 1997
Sold by
Engleman Timothy and Ponikvar Charmaine
Bought by
Thomas Vernette S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.71%

Purchase Details

Closed on
Mar 13, 1996
Sold by
Melvin Ronald J
Bought by
Engleman Timothy and Ponikvar Charmaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.06%

Purchase Details

Closed on
Jan 18, 1995
Sold by
Melvin Judith K
Bought by
Melvin Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,200
Interest Rate
9.26%
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
Jones Trevor $211,000 Fidelity National Title
Bovis Kelly J $77,000 Citywide Title Corporation
Thomas Vernette S $107,000 --
Engleman Timothy $95,000 --
Melvin Ronald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Trevor $136,000
Previous Owner Thomas Vernette S $53,000
Previous Owner Engleman Timothy $76,000
Previous Owner Melvin Ronald J $48,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Sold $211,000 +11.1% $124 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $189,900 +146.6% $112 / Sq Ft
02/13/2014 02/13/14 Sold $77,000 0.0% -- View Prior Sale
01/26/2014 01/26/14 Pending -- -- --
01/22/2014 01/22/14 Price Changed $77,000 0.0% --
01/22/2014 01/22/14 For Sale $77,000 -3.6% --
11/27/2013 11/27/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $79,900 0.0% --
11/10/2013 11/10/13 Pending -- -- --
10/29/2013 10/29/13 Price Changed $79,900 -11.1% --
09/11/2013 09/11/13 Price Changed $89,900 -7.2% --
06/20/2013 06/20/13 Price Changed $96,900 -3.0% --
05/15/2013 05/15/13 Price Changed $99,900 -4.8% --
04/20/2013 04/20/13 Price Changed $104,900 -4.6% --
04/06/2013 04/06/13 For Sale $110,000 -- --
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 $4,602 $68,784 $14,895 $53,889
2023 $4,602 $65,167 $14,112 $51,055
2022 $4,095 $59,012 $12,779 $46,233
2021 $3,869 $55,074 $11,926 $43,148
2020 $3,861 $53,626 $11,612 $42,014
2019 $3,754 $52,569 $11,383 $41,186
2018 $3,678 $51,372 $11,124 $40,248
2017 $3,436 $47,988 $10,391 $37,597
2016 $3,102 $44,086 $9,546 $34,540
2015 $3,154 $43,032 $9,318 $33,714
2014 $3,154 $43,467 $9,412 $34,055
2013 $3,154 $46,321 $10,030 $36,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11320236

Midwest Real Estate Data (MRED)

APN: 03-17-24-307-004