NOT LISTED FOR SALE

17303 Lorenz Ave Lansing, IL 60438

Estimated Value: $97,000 - $148,664

2 Beds
1 Bath
945 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $54,000 $57 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $822/month

151 Days on Market

About This Home

As of June 2016

Great INVESTMENT property. All work has been done with permits and has passed occupancy inspection with Lansing. Great cap rate with nothing to do but get the perfect renter for this home. Huge backyard and 2 car garage make this a very desirable rental property in the area. New mechanicals, new flooring, fresh paint make this house perfect for the investor looking to make some great cashflow.

Last Agent to Sell the Property

Kamil Nowakowski

United Real Estate Elite License #471010335 Listed on: 12/04/2015

United Real Estate Elite

Last Buyer's Agent

Maureen Nesbitt

Baird & Warner License #471021095

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,322

Year Built

  • 1955

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,322

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 20X12, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 9X10, On Level: Main Level
  • Kitchen Type: Dimensions: 9X14, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level
  • Estimated Sq Ft: 945

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1699

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 215
  • Junior High Dist: 158

Lot Info

  • Lot Dimensions: 7401
  • Parcel Identification Number: 30302230010000

Tax Info

  • Taxes: 2508.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Jun 14, 2016
Sold by
Infinity Equity Holdings Llc
Bought by
Fowler Janice
Seller's Agent
Kamil Nowakowski
United Real Estate Elite
Buyer's Agent
Maureen Nesbitt
Baird & Warner
List Price
$59,105
Sold Price
$54,000
Premium/Discount to List
-$5,105
-8.64%
Current Estimated Value
$130,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,666
Avg. Annual Appreciation
9.91%
Original Mortgage
$45,900
Outstanding Balance
$37,870
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$92,796

Purchase Details

Closed on
Mar 27, 2015
Sold by
Riner Melissa M
Bought by
Infinity Equity Holdings Llc

Purchase Details

Closed on
Oct 29, 2004
Sold by
M R Builder Homes Inc
Bought by
Riner Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 19, 2004
Sold by
Duffy Thomas J and Duffy Holly M
Bought by
M R Builder Home Inc
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
Fowler Janice $54,000 Attorney
Infinity Equity Holdings Llc $31,500 Attorney
Riner Melissa M $99,000 --
M R Builder Home Inc $65,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Janice $45,900
Previous Owner Riner Melissa M $79,200
Closed Riner Melissa M $19,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2016 06/14/16 Sold $54,000 -8.6% $57 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $59,105 -- $63 / 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 $5,322 $11,000 $2,960 $8,040
2023 $4,744 $11,000 $2,960 $8,040
2022 $4,744 $7,301 $2,590 $4,711
2021 $4,615 $7,300 $2,590 $4,710
2020 $4,283 $7,300 $2,590 $4,710
2019 $4,126 $7,248 $2,405 $4,843
2018 $4,050 $7,248 $2,405 $4,843
2017 $4,090 $7,248 $2,405 $4,843
2016 $2,776 $7,575 $2,220 $5,355
2015 $2,516 $7,575 $2,220 $5,355
2014 $2,508 $7,575 $2,220 $5,355
2013 $2,657 $8,530 $2,220 $6,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09097321

Midwest Real Estate Data (MRED)

APN: 30-30-223-001-0000