NOT LISTED FOR SALE

1680 W Merchant St Kankakee, IL 60901

Estimated Value: $172,000 - $305,000

7 Beds
4 Baths
-- Sq Ft
0.29 Acres

Last Sold July 29, 2013

Last sale price $102,000

Est. 138% increase in value since last sale

Current estimated payment $1,516/month

36 Days on Market

About This Home

As of July 2013

4 UNIT APARTMENT BUILDING, 3 TWO BEDROOM UNITS, 1 ONE BEDROOM UNIT. SEPARATE ELECTRIC SERVICE. OFF STREET PARKING. HUD OWNED BUILDING! CASE #137-341529. SOLD "AS IS"INSURED STATUS: IE (INSURED WITH ESCROW). ESCROW AMOUNT $4,400.00. PROPERTY IS ELIGIBLE FOR FHA 203K FINANCING.

Last Agent to Sell the Property

Ronald Gersch

RE/MAX Realty of Joliet License #475100264 Listed on: 05/02/2013

Last Buyer's Agent

Michelle Arseneau

Coldwell Banker Realty License #475131613

Coldwell Banker Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,798

Year Built

  • 1965

Lot Details

  • 0.29

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Parking

  • Off-Street Parking
  • Unassigned Parking

Schools

  • Kankakee High School

Additional Features

  • Corner Lot
  • Private or Community Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$7,798

Year Built

1965

Lot Details

0

Interior Features

  • Total # Of Rooms: 16
  • Basement: Slab

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 8
  • Parking: Unassigned, Off Street
  • Parking Type: Space/s

Utilities

  • Water: Public
  • Heat/Fuel: Gas, Baseboard
  • Sewer: Septic-Private

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • High School: Kankakee High School
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 80 X 160
  • Lot Description: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
King Jenna J
Bought by
Comfortable Rentals Llc
Current Estimated Value
$242,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,850
Outstanding Balance
$252,852
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
-$10,107

Purchase Details

Closed on
Sep 9, 2024
Sold by
Comfortable Rentals Llc
Bought by
King Jenna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,850
Outstanding Balance
$252,852
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
-$10,107

Purchase Details

Closed on
Nov 29, 2023
Sold by
King Jenna J
Bought by
Comfortable Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
7.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2023
Sold by
Rtz Enterprises Llc
Bought by
King Jenna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
7.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2022
Sold by
Welch Randall P and Welch Tara M
Bought by
Rtz Enterprises Llc

Purchase Details

Listed on
May 2, 2013
Closed on
Jul 29, 2013
Sold by
Hud & Housing Of Urban Dev
Bought by
Welch Randall P and Welch Tara M
Seller's Agent
Ronald Gersch
RE/MAX Realty of Joliet
Buyer's Agent
Michelle Arseneau
Coldwell Banker Realty
List Price
$95,000
Sold Price
$102,000
Premium/Discount to List
$7,000
7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
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
Comfortable Rentals Llc -- None Listed On Document
King Jenna J -- Plymouth Title
Comfortable Rentals Llc -- None Listed On Document
King Jenna J $260,000 Standard Title
Rtz Enterprises Llc -- Barmann Bohlen & Scott Pc
Welch Randall P $102,000 Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Jenna J $255,850
Previous Owner King Jenna J $255,290
Closed Welch Randall P $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2013 07/29/13 Sold $102,000 +7.4% --
06/07/2013 06/07/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $95,000 0.0% --
05/16/2013 05/16/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $95,000 -- --
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
2024 $7,798 $65,954 $9,019 $56,935
2023 $7,513 $58,757 $8,035 $50,722
2022 $6,989 $51,429 $7,033 $44,396
2021 $6,596 $46,542 $6,365 $40,177
2020 $6,119 $41,835 $5,721 $36,114
2019 $5,832 $38,916 $5,322 $33,594
2018 $5,615 $36,034 $4,928 $31,106
2017 $6,289 $35,242 $4,820 $30,422
2016 $5,894 $34,550 $4,725 $29,825
2015 $6,326 $39,172 $4,821 $34,351
2014 $6,771 $43,524 $4,821 $38,703
2013 -- $50,376 $5,022 $45,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08331526

Midwest Real Estate Data (MRED)

APN: 16-09-31-307-001