NOT LISTED FOR SALE

1612 N 40th Ave Stone Park, IL 60165

Estimated Value: $173,000 - $234,222

3 Beds
1 Bath
1,050 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $71,070 $68 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $1,652/month

138 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Whirlpool Bathtub
  • Breakfast Bar

About This Home

As of August 2014

Short Sale Approved!!!!!!! Beautiful 3 Bedroom 1 bath brick ranch with nothing to do but move in! Updated eat in kitchen with newer cabinets and counter-tops. Large living room area. Nice updated bath with huge bathtub. You definitely wont be disappointed! A must see! Short sale!!!

Last Agent to Sell the Property

Martha Lopez

RE/MAX MI CASA License #475142046 Listed on: 01/22/2014

RE/MAX MI CASA

Last Buyer's Agent

Elvia Reina

Strong Legacy Realty License #471012700

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,742

Year Built

  • 1955

Lot Details

  • 3,746

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Breakfast Bar
  • Whirlpool Bathtub
  • Crawl Space
  • Fenced Yard
  • Flood Zone Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,131 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,742

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Flood Zone
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Hardwood
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X7, On Level: Main Level
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X10, On Level: Main Level, Flooring: Parquet
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Parquet
  • Estimated Sq Ft: 1050

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 209
  • Junior High Dist: 88

Lot Info

  • Lot Dimensions: 30 X 125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 15041160810000

Tax Info

  • Taxes: 3339.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2014
Closed on
Aug 6, 2014
Sold by
Ambriz Dora and Canelo Dora
Bought by
Vicente Modesta
Seller's Agent
Martha Lopez
RE/MAX MI CASA
Buyer's Agent
Elvia Reina
Strong Legacy Realty
List Price
$79,900
Sold Price
$71,070
Premium/Discount to List
-$8,830
-11.05%
Total Days on Market
138
Current Estimated Value
$209,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,986
Avg. Annual Appreciation
10.38%
Original Mortgage
$7,500
Outstanding Balance
$5,840
Interest Rate
4.14%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$201,272

Purchase Details

Closed on
Nov 13, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Canelo Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,866
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2008
Sold by
Castaneda Jorga
Bought by
Deutsche Bank National Trust Co and Gsamp Trust 2006-He1

Purchase Details

Closed on
Oct 13, 2005
Sold by
Major Ilona
Bought by
Castaneda Eduardo F and Castaneda Jorja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.4%
Mortgage Type
Unknown
Source: Public Records

Similar Homes in Stone Park, IL

  • 1538 N 39th Ave, Stone Park, IL 60165

    $250,000

    • 3 Beds
    • 1 Bath
    • 1538 N 39th Ave
    • Stone Park, IL

    Beautiful updated 3-bedroom, 1-bathroom ranch-style with a brand New kitchen and bathroom. This Ranch style layout offers easy living, with a bright and inviting living space. Detached 2-car garage-perfect for parking, storage, or even a workshop. Beautiful large deck, ideal for relaxing, entertaining, or enjoying your morning coffee while overlooking the backyard. This property has all the

    George Medina Realty of America

    Section Image
  • 1616 N 40th Ave, Stone Park, IL 60165

    $179,900

    • 2 Beds
    • 1 Bath
    • 690 Sq Ft
    • 1616 N 40th Ave
    • Stone Park, IL

    Step into this charming 2-bedroom, 1-bath ranch-style home nestled in the heart of Stone Park. This well-maintained residence offers cozy comfort and practical living of thoughtfully designed space. The layout features a bright and inviting living area, a functional kitchen with ample cabinet space, and two comfortably sized bedrooms. Enjoy the benefit of a spacious 2-car garage, central air

    Tamara Hernandez RE/MAX Home Sweet Home

    Section Image
  • 1630 N 40th Ave, Stone Park, IL 60165

    $164,250

    • 4 Beds
    • 1 Bath
    • 1,540 Sq Ft
    • 1630 N 40th Ave
    • Stone Park, IL

    Wonderful opportunity to own good size ranch home!!! Coach house in the back must be removed!!! 1st floor is featuring open living room - separate dining room - fully appliance kitchen - 3 good size bedrooms w/ceiling fans in each of them - full bathroom w/shower - additional office or 4th bedroom w/laundry hook ups & enclosed porch. There are wood laminate floors - ceiling fans - 100 AMPs

    Petra Sestakova Anthony J.Trotto Real Estate

    Section Image
  • 1622 N 43rd Ave, Stone Park, IL 60165

    $229,900

    • 4 Beds
    • 1 Bath
    • 1,359 Sq Ft
    • 1622 N 43rd Ave
    • Stone Park, IL

    COME GET THIS HOME THAT'S READY FOR YOUR UPDATING IDEAS! NOTICE THE HUGE LOT! THE HOME HAS 2 BEDROOMS ON THE 1ST LEVEL, 1 BATHROOM, KITCHEN, DINING RM, LIVING RM AND A FAMILY ROOM. TWO MORE BRS UPSTAIRS, FORCED AIR HEAT, A FULL UNFINISHED BASEMENT, A HUGE YARD, A SUPER LONG DRIVEWAY FOR ABOUT 7-8 CARS! THE HOME NEEDS TLC SO NO FHA DEALS ON THIS ONE. INVESTORS AND REHABBERS WELCOME! THIS HUGE LOT

    Reggie Castro Area Real Estate, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vicente Modesta $71,500 Old Republic Natl Title Ins
Canelo Dora $93,000 Service Link
Deutsche Bank National Trust Co -- None Available
Castaneda Eduardo F $205,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vicente Modesta $7,500
Open Vicente Modesta $63,570
Previous Owner Canelo Dora $90,866
Previous Owner Castaneda Eduardo F $164,000
Previous Owner Castaneda Eduardo $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2014 08/08/14 Sold $71,070 -11.1% $68 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $79,900 0.0% $76 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $79,900 -- $76 / 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 $5,742 $17,000 $3,375 $13,625
2023 $5,742 $17,000 $3,375 $13,625
2022 $5,742 $15,081 $2,906 $12,175
2021 $5,726 $15,080 $2,906 $12,174
2020 $5,658 $15,080 $2,906 $12,174
2019 $3,808 $10,849 $2,625 $8,224
2018 $3,792 $10,849 $2,625 $8,224
2017 $3,717 $10,849 $2,625 $8,224
2016 $3,359 $8,984 $2,343 $6,641
2015 $3,183 $8,984 $2,343 $6,641
2014 $3,118 $8,984 $2,343 $6,641
2013 $3,393 $10,555 $2,343 $8,212
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08522122

Midwest Real Estate Data (MRED)

APN: 15-04-116-081-0000