NOT LISTED FOR SALE

16 Gilbert Terrace Machesney Park, IL 61115

Estimated Value: $86,000 - $106,000

3 Beds
1 Bath
921 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $70,000 $76 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $617/month

Highlights

  • Mature Trees
  • Fenced Yard
  • Living Room
  • Ranch Style House
  • 1.5 Car Attached Garage
  • Ceiling Fan

About This Home

As of August 2022

Great Starter or Investment Home with 3 bedrooms, 1 bathroom located in the heart of Machesney Park. This home has a newly remodeled Kitchen, New laminate flooring, siding and windows, And an attached 1.5 car garage and large fenced in back yard. The home is located close to shopping, dining, schools, green spaces and boat launch.

Last Agent to Sell the Property

Brandy Graves

Century 21 Affiliated License #475175567 Listed on: 07/17/2022

Century 21 Affiliated

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1956 | Remodeled in 2019

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60.00x150.00x150.00x60.00
  • Fenced Yard
  • Mature Trees

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 921 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Crawl Space
  • Laundry in Kitchen

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Marquette Elementary School
  • Harlem Middle School
  • Harlem High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,370

Year Built

Built in 1956 | Remodeled in 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Microwave, Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 921
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 921
  • Assessed Sq Ft: 921
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,Kitchen/Dining Combo
  • Total Sq Ft: 921
  • Basement Sq Ft: 0
  • Total Sq Ft: 921
  • Unfinished Basement Sq Ft: 0
  • Main Level Sq Ft: 921
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 67000
  • Lot Features: Fenced Yard, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas
  • Laundry Features: In Kitchen, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Marquette Elementary School
  • High School: Harlem High School
  • Middle/Junior School: Harlem Middle School
  • Middle/Junior School District: 122

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 60.00X150.00X150.00X60.00
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 24

Tax Info

  • Tax Annual Amount: 1369.9
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2022
Closed on
Aug 26, 2022
Sold by
Finnan Raymond C
Bought by
Taylor George
Seller's Agent
Brandy Graves
Century 21 Affiliated
Buyer's Agent
Non Member
NON MEMBER
List Price
$67,000
Sold Price
$70,000
Premium/Discount to List
$3,000
4.48%
Current Estimated Value
$93,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,852
Avg. Annual Appreciation
9.60%
Original Mortgage
$59,015
Outstanding Balance
$56,697
Interest Rate
5.63%
Mortgage Type
FHA
Estimated Equity
$35,028

Purchase Details

Listed on
Jun 30, 2021
Closed on
Nov 5, 2021
Sold by
Neighborly Home Rentals Llc
Bought by
Finnan Raymond C
Seller's Agent
Greg Raymond
Realty Select, LLC
Buyer's Agent
Michelle Dollak
Gambino Realtors
List Price
$65,000
Sold Price
$59,000
Premium/Discount to List
-$6,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.50%
Original Mortgage
$47,200
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2019
Closed on
Dec 6, 2019
Sold by
Cynthia Rodriguez
Bought by
Neighborly Home Rentals Llc
Seller's Agent
Miroslaw Niemiec
Key Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$49,000
Sold Price
$35,000
Premium/Discount to List
-$14,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.26%

Purchase Details

Listed on
Nov 18, 2016
Closed on
Jan 6, 2017
Sold by
Green Thomas A
Bought by
Rodriguez Cynthia
Seller's Agent
Rion Tovar-South
Weichert Realtors - Tovar Prop
Buyer's Agent
Miroslaw Niemiec
Key Realty
List Price
$34,900
Sold Price
$32,900
Premium/Discount to List
-$2,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
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
Taylor George $70,000 --
Finnan Raymond C $59,000 Security First Title
Neighborly Home Rentals Llc $35,000 Schlueter Ecklund & Davitt/Nn
Rodriguez Cynthia $32,900 Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor George $59,015
Previous Owner Finnan Raymond C $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $70,000 +4.5% $76 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/17/2022 07/17/22 For Sale $67,000 +13.6% $73 / Sq Ft
11/05/2021 11/05/21 Sold $59,000 -1.7% $64 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $60,000 -4.0% $65 / Sq Ft
09/09/2021 09/09/21 Price Changed $62,500 -3.8% $68 / Sq Ft
08/23/2021 08/23/21 For Sale $65,000 0.0% $71 / Sq Ft
08/23/2021 08/23/21 Price Changed $65,000 -3.7% $71 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/11/2021 08/11/21 Price Changed $67,500 -3.6% $73 / Sq Ft
08/03/2021 08/03/21 Price Changed $70,000 -3.4% $76 / Sq Ft
07/28/2021 07/28/21 Price Changed $72,500 -3.3% $79 / Sq Ft
07/20/2021 07/20/21 Price Changed $75,000 -6.1% $81 / Sq Ft
06/30/2021 06/30/21 For Sale $79,900 +128.3% $87 / Sq Ft
12/06/2019 12/06/19 Sold $35,000 -28.6% $38 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $49,000 0.0% $53 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $49,000 -10.7% $53 / Sq Ft
05/14/2019 05/14/19 For Sale $54,900 +66.9% $60 / Sq Ft
01/06/2017 01/06/17 Sold $32,900 0.0% $36 / Sq Ft
01/02/2017 01/02/17 Pending -- -- --
12/19/2016 12/19/16 Price Changed $32,900 -5.7% $36 / Sq Ft
11/18/2016 11/18/16 For Sale $34,900 -- $38 / 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 $1,239 $21,564 $3,998 $17,566
2023 $1,135 $19,151 $3,551 $15,600
2022 $904 $15,613 $3,239 $12,374
2021 $1,370 $14,521 $3,012 $11,509
2020 $1,265 $13,832 $2,869 $10,963
2019 $716 $13,249 $2,748 $10,501
2018 $1,053 $12,815 $2,658 $10,157
2017 $1,385 $12,463 $2,585 $9,878
2016 $1,367 $12,215 $2,534 $9,681
2015 $1,360 $12,002 $2,490 $9,512
2014 $1,347 $12,002 $2,490 $9,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11466678

Midwest Real Estate Data (MRED)

APN: 07-25-330-027