NOT LISTED FOR SALE

1507 Echelon Cir Unit 1507B Matteson, IL 60443

Old Matteson Neighborhood

Estimated Value: $148,000 - $167,000

1 Bed
1 Bath
725 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 01, 2012

Last sale price $56,000 $77 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,319/month

83 Days on Market

About This Home

As of November 2012

Subject property is a nice 1 bedroom 1 bathroom townhouse. Property has a 1 car garage as well. Some minor repairs have been done to bring this already excellent townhouse unit to better condition. Carpet, paint have been re-done. A stove and dishwasher are also being added to the property. Fannie Mae strongly encourages that all offers include proof of funds or prequal letter and is a requirement for acceptance.

Last Listed By

Mark Groble

Team GT PLLC License #471006030 Listed on: 06/10/2012

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,176

Year Built

  • 2008

Lot Details

  • 4.78

HOA Fees

  • $117 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Utilities

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

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,176

Year Built

2008

Lot Details

0

HOA Fees

$117 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Unit Floor Level: 1
  • Age: 1-5 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1
  • Special Features: 20
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2008

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 11X11, On Level: Main Level
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 12X10, On Level: Main Level
  • Kitchen Type: Dimensions: 11X14, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level
  • Estimated Sq Ft: 725

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Pet Count Limitation, Pet Weight Limitation
  • Assessment/Association Fees: 117
  • Assessment Includes: Exterior Maintenance

Fee Information

  • Management Company: Weaver Management

Schools

  • School District: 227
  • Junior High Dist: 162

Lot Info

  • Lot Dimensions: 4000

Multi Family

  • Total Number Unitsin Building: 2
  • Number Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2012
Closed on
Oct 11, 2012
Sold by
Fannie Mae
Bought by
Pino Phyllis
Seller's Agent
Mark Groble
Team GT PLLC
Buyer's Agent
James Bohannon
Enterprise Realty Power Broker
List Price
$87,500
Sold Price
$56,000
Premium/Discount to List
-$31,500
-36%
Total Days on Market
83
Current Estimated Value
$153,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,955
Avg. Annual Appreciation
8.43%
Original Mortgage
$53,200
Outstanding Balance
$37,897
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$116,058

Purchase Details

Closed on
Mar 19, 2012
Sold by
Gilliam Jamesetta J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 27, 2008
Sold by
Matteson Fc Llc
Bought by
Gilliam Jamesetta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
6.32%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
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
Pino Phyllis $56,000 None Available
Federal National Mortgage Association -- None Available
Gilliam Jamesetta J $137,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pino Phyllis $53,200
Previous Owner Gilliam Jamesetta J $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2012 11/01/12 Sold $56,000 +12.2% $77 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
08/22/2012 08/22/12 Price Changed $49,900 -9.1% $69 / Sq Ft
08/15/2012 08/15/12 Price Changed $54,900 -8.3% $76 / Sq Ft
08/09/2012 08/09/12 Price Changed $59,900 -7.7% $83 / Sq Ft
08/01/2012 08/01/12 Price Changed $64,900 -7.3% $90 / Sq Ft
07/25/2012 07/25/12 Price Changed $70,000 -12.5% $97 / Sq Ft
07/09/2012 07/09/12 Price Changed $80,000 -8.6% $110 / Sq Ft
06/10/2012 06/10/12 For Sale $87,500 -- $121 / 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 $4,176 $12,453 $4,063 $8,390
2023 $4,176 $12,453 $4,063 $8,390
2022 $4,176 $7,801 $1,275 $6,526
2021 $4,215 $7,799 $1,274 $6,525
2020 $1,157 $7,799 $1,274 $6,525
2019 $1,482 $8,886 $1,195 $7,691
2018 $961 $8,886 $1,195 $7,691
2017 $918 $8,886 $1,195 $7,691
2016 $2,067 $8,692 $1,115 $7,577
2015 $2,132 $8,692 $1,115 $7,577
2014 $2,120 $8,692 $1,115 $7,577
2013 $4,475 $9,727 $1,115 $8,612
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08088227

Midwest Real Estate Data (MRED)

APN: 31-16-407-003-1016