NOT LISTED FOR SALE

Estimated Value: $865,000

1.85 Acres
$467,568 Price per Acre
80,586 Sq Ft Lot

Last Sold January 02, 2013

Last sale price $230,000 $137 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $5,511/month

186 Days on Market

About This Lot

As of January 2013

good/Location/ Last Corner Lot available between Lagrange Rd and Wolf Rd. Across from School/ High Visibility/ Commuter Train Station Right Down the Street. Perfect for Office Condos, , Etc./Growth All Around/ Survey Available/ Call Listing Agent.

Last Agent to Sell the Property

Lydia Memeti

REMAX Legends License #475137300 Listed on: 05/06/2012

REMAX Legends

Last Buyer's Agent

Lydia Memeti

REMAX Legends License #475137300 Listed on: 05/06/2012

REMAX Legends

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,791

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$11,791

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Potential Use: Commercial, Office and Research, Zoning Change Required
  • Utilities To Site: Electric to Site, Gas to Site, Water-Municipal
  • Zoning Type: SINGL
  • Special Features: 12
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Acreage: 1.85
  • Frontage Access: City Street, Public Road, Signal Intersection
  • Front Footage: 221

Schools

  • Junior High Dist: 135

Lot Info

  • Lot Dimensions: 221X345
  • Estimated Land Sq Ft: 76491
  • Parcel Identification Number: 27173010200000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 16338.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2012
Closed on
Dec 28, 2012
Sold by
Chicago Title Land Trust Co
Bought by
Olyan Ray
Seller's Agent
Lydia Memeti
REMAX Legends
Buyer's Agent
Lydia Memeti
REMAX Legends
List Price
$699,000
Sold Price
$230,000
Premium/Discount to List
-$469,000
-67.1%
Current Estimated Value
$865,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,000
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Jul 26, 2005
Sold by
Lasalle Bank Na
Bought by
Founders Bank and Trust #6725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization
Source: Public Records

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
Olyan Ray $230,000 None Available
Founders Bank $900,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Founders Bank $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2013 01/02/13 Sold $230,000 -67.1% $137 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
05/06/2012 05/06/12 For Sale $699,000 -- $415 / 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 $11,791 $47,114 $47,114 --
2023 $4,704 $47,114 $47,114 --
2022 $4,704 $15,705 $15,705 $0
2021 $4,543 $15,704 $15,704 $0
2020 $4,373 $15,704 $15,704 $0
2019 $3,880 $14,134 $14,134 $0
2018 $4,162 $15,592 $14,134 $1,458
2017 $4,068 $15,592 $14,134 $1,458
2016 $3,815 $13,673 $12,563 $1,110
2015 $6,541 $23,669 $12,563 $11,106
2014 $6,444 $23,669 $14,278 $9,391
2013 $7,131 $27,822 $5,354 $22,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08060138

Midwest Real Estate Data (MRED)

APN: 27-17-301-020-0000