NOT LISTED FOR SALE

1607 Nicholson St Crest Hill, IL 60403

Cunningham Neighborhood

Estimated Value: $233,000 - $331,000

0.17 Acre
$1,736,165 Price per Acre
7,405 Sq Ft Lot

Last Sold March 09, 2020

Last sale price $18,500

Est. 1,495% increase in value since last sale

Current estimated payment $2,368/month

279 Days on Market

Highlights

  • Property is near a bus stop
  • Lockport Township High School East Rated A
  • Senior Tax Exemptions

About This Lot

As of March 2020

Rare buildable lot is hard to find in Chaney area. It is close to schools, shopping, pool, and churches. It is located next to house which is also on market.

Last Agent to Sell the Property

Stephen Kon

IKON Realtors Inc License #471008486 Listed on: 05/16/2019

Last Buyer's Agent

Gabrielle Horvat

Taylor Street Realty License #475170002

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,547

Lot Details

Location

  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$8,547

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Ownership: Fee Simple
  • Current Use: Residential-Estate
  • Potential Use: Residential-Single Family
  • Utilities To Site: Electric Nearby, Gas Nearby, Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
  • Zoning Type: SINGL
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.17
  • Frontage Access: City Street
  • Front Footage: 48

Schools

  • School District: 205
  • Junior High Dist: 88

Lot Info

  • Lot Dimensions: 48 X 130
  • Estimated Land Sq Ft: 6240
  • Parcel Identification Number: 1104333290160000

Tax Info

  • Taxes: 986.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Sergio Guzman
Bought by
Villalobos Matthew and Diaz Maria G
Total Days on Market
279
Current Estimated Value
$295,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Outstanding Balance
$251,283
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$43,865

Purchase Details

Listed on
May 16, 2019
Closed on
Mar 6, 2020
Sold by
Bakrish Development Inc
Bought by
Guzman Sergio
Seller's Agent
Stephen Kon
IKON Realtors Inc
Buyer's Agent
Gabrielle Horvat
Taylor Street Realty
List Price
$25,000
Sold Price
$18,500
Premium/Discount to List
-$6,500
-26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.82%

Purchase Details

Closed on
Aug 1, 2018
Sold by
Catalani James J and Estate Of Rose M Kon
Bought by
Bakrish Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,750
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Villalobos Matthew $300,000 Chicago Title
Guzman Sergio $18,500 First American Title
Bakrish Development Inc $157,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos Matthew $261,000
Previous Owner Bakrish Development Inc $157,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $18,500 -26.0% --
02/19/2020 02/19/20 Pending -- -- --
05/16/2019 05/16/19 For Sale $25,000 -- --
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
2023 $8,547 $104,763 $15,046 $89,717
2022 $4,255 $13,357 $13,357 $0
2021 $1,083 $12,552 $12,552 $0
2020 $1,062 $12,139 $12,139 $0
2019 $1,011 $11,506 $11,506 $0
2018 $1,038 $11,506 $11,506 $0
2017 $986 $10,649 $10,649 $0
2016 $922 $9,980 $9,980 $0
2015 $903 $9,496 $9,496 $0
2014 $903 $9,131 $9,131 $0
2013 $903 $9,925 $9,925 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stephen Kon

    IKON Realtors Inc

    (815) 953-0649

    1 in this area

    9 Total Sales

    Stephen Kon
    Section Image
  • Gabrielle Horvat

    Buyer's Agent in 2020

    Gabrielle Horvat

    Taylor Street Realty

    (815) 703-6277

    3 in this area

    52 Total Sales

    Gabrielle Horvat
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10381321

Midwest Real Estate Data (MRED)

APN: 04-33-329-016

Illinois Will County Crest Hill 60403 Cunningham

1607 Nicholson St, Crest Hill, IL

This home is located at 1607 Nicholson St, Crest Hill, IL 60403 since 16 May 2019 and is currently estimated at $295,148. 1607 Nicholson St is a home located in Will County with nearby schools including Chaney Elementary School, Lockport Township High School East, and St Mary Nativity School.

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