NOT LISTED FOR SALE

1616 Richmond Cir Unit 302A Joliet, IL 60435

Cathedral Area Neighborhood

Estimated Value: $117,000 - $133,000

2 Beds
1 Bath
828 Sq Ft
$236/mo HOA Fee

Last Sold August 07, 2020

Last sale price $77,500 $94 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,130/month

6 Days on Market

About This Home

As of August 2020

Very well maintained and newly painted 3rd floor condo with 2 generous sized bedrooms. Wood laminate living room, kitchen and a spacious balcony with a beautiful view. Come make this charming condo yours!

Last Agent to Sell the Property

Saul Gutierrez

MVG Real Estate Inc License #471020510 Listed on: 06/10/2020

Co-Listed By

Ricardo Franco

MVG Real Estate Inc License #475181070

Last Buyer's Agent

Jelena Grimaldi

HomeSmart Realty Group License #475145533

HomeSmart Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,328

Year Built

  • 1976

Lot Details

  • 10,846

HOA Fees

  • $236 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • $1,500 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,328

Year Built

1976

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1976
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1976

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Wood Laminate
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 828

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Assessment Includes: Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessed Sq Ft: 828
  • Assessment Association Fees: 236
  • Management Contact Name: nemanich
  • Management Phone: 815-609-6090

Fee Information

  • Management Company: Nemanich

Schools

  • School District: 204
  • Junior High Dist: 86

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 3007074100011020

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 1701.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 7, 2020
Sold by
Ruiz Noel Trejo
Bought by
Colon Edwrd J and Thompson Tenia M
Seller's Agent
Saul Gutierrez
MVG Real Estate Inc
Buyer's Agent
Jelena Grimaldi
HomeSmart Realty Group
List Price
$79,000
Sold Price
$77,500
Premium/Discount to List
-$1,500
-1.9%
Current Estimated Value
$126,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,317
Avg. Annual Appreciation
10.20%
Original Mortgage
$62,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2015
Closed on
Apr 17, 2015
Sold by
Grskovic Carol and Thorne Carol
Bought by
Ruiz Noel Trejo
Seller's Agent
Bryan Kasprisin
RE/MAX Professionals Select
Buyer's Agent
Gloria Diaz
Diamond Real Estate Inc
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Nov 4, 2003
Sold by
Oconnor Ryan P and Oconnor Jacquelyne
Bought by
Thorne Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1999
Sold by
Price Cindy L
Bought by
Oconnor Ryan P and Oconnor Jacquelyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 1994
Sold by
Crate Thomas W
Bought by
Price Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,273
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage
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
Colon Edwrd J $77,500 Citywide Title Corporation
Ruiz Noel Trejo $45,000 Fidelity National Title Ins
Thorne Carol $71,000 Ticor Title
Oconnor Ryan P $57,000 --
Price Cindy L $55,500 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colon Edwrd J $62,000
Previous Owner Grskovic Carol $53,000
Previous Owner Thorne Carol $55,000
Previous Owner Oconnor Ryan P $54,000
Previous Owner Price Cindy L $51,273
Closed Thorne Carol $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $77,500 -1.9% $94 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $79,000 +75.6% $95 / Sq Ft
04/17/2015 04/17/15 Sold $45,000 +0.2% $54 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
04/03/2015 04/03/15 Price Changed $44,900 -10.0% $54 / Sq Ft
03/16/2015 03/16/15 For Sale $49,900 -- $60 / 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
2023 $2,328 $31,799 $2,508 $29,291
2022 $2,102 $28,765 $2,269 $26,496
2021 $1,961 $26,865 $2,119 $24,746
2020 $1,832 $25,512 $2,012 $23,500
2019 $1,702 $23,710 $1,870 $21,840
2018 $1,585 $21,909 $1,728 $20,181
2017 $1,438 $19,919 $1,571 $18,348
2016 $1,327 $18,344 $1,440 $16,904
2015 $1,233 $17,200 $1,350 $15,850
2014 $1,233 $17,100 $1,350 $15,750
2013 $1,233 $18,078 $1,474 $16,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10742159

Midwest Real Estate Data (MRED)

APN: 07-07-410-001