18550 Torrence Ave Unit 1 Lansing, IL 60438
Estimated Value: $91,763 - $123,000
2
Beds
1
Bath
851
Sq Ft
$233/mo
HOA Fee
Highlights
- Wood Flooring
- Property is near a bus stop
- Baseboard Heating
About This Home
As of May 2013Two bedroom condo with a view of the pool and courtyard. this one has some nice updates. The ceramic tile foyer features a large closet. The kitchen has new cabinets and counter tops. There are hardwood floors throughout. There is a formal dining room. The large living room has sliding doors to the balcony. The bedrooms are good sized & have great closet space. Ask About FHA $100 down payment program.
Last Agent to Sell the Property
Chase Real Estate LLC License #475122088 Listed on: 02/16/2013
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,349
Year Built
- 1986
Lot Details
- 4.58
HOA Fees
- $233 per month
Home Design
- Brick Exterior Construction
Parking
- Parking Available
- Visitor Parking
- Off-Street Parking
- Parking Included in Price
Utilities
- One Cooling System Mounted To A Wall/Window
- Two Cooling Systems Mounted To A Wall/Window
- Baseboard Heating
- Lake Michigan Water
Additional Features
- Wood Flooring
- Property is near a bus stop
Community Details
- Common Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 4, 2019
Sold by
Banks Raynold
Bought by
Banks Larry D and Reynold Banks Trust
Total Days on Market
11
Current Estimated Value
Purchase Details
Closed on
May 3, 1996
Sold by
Columbia National Bank Of Chicago
Bought by
Banks Reynold
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,550,000
Outstanding Balance
$1,597,069
Interest Rate
7.99%
Estimated Equity
-$1,496,128
Purchase Details
Closed on
Oct 25, 1994
Sold by
South Holland Trust & Svgs Bank
Bought by
Columbia National Bank Of Chicago
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.75%
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Banks Larry D | -- | Attorney | |
| Banks Reynold | -- | -- | |
| Columbia National Bank Of Chicago | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Capmos Rea | $45,900 | |
| Open | Banks Reynold | $17,550,000 | |
| Previous Owner | Columbia National Bank Of Chicago | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2013 05/14/13 | Sold | $15,000 | +7.1% | $18 / Sq Ft |
| 02/27/2013 02/27/13 | Pending | -- | -- | -- |
| 02/16/2013 02/16/13 | For Sale | $14,000 | -- | $16 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,349 | $8,171 | $1,260 | $6,911 |
| 2023 | $1,294 | $8,171 | $1,260 | $6,911 |
| 2022 | $1,294 | $5,414 | $1,146 | $4,268 |
| 2021 | $1,316 | $5,412 | $1,145 | $4,267 |
| 2020 | $1,355 | $5,412 | $1,145 | $4,267 |
| 2019 | $0 | $3,341 | $1,031 | $2,310 |
| 2018 | $438 | $4,220 | $1,031 | $3,189 |
| 2017 | $477 | $4,220 | $1,031 | $3,189 |
| 2016 | $1,366 | $4,995 | $916 | $4,079 |
| 2015 | $1,205 | $4,995 | $916 | $4,079 |
| 2014 | $1,216 | $4,995 | $916 | $4,079 |
| 2013 | $1,862 | $5,987 | $916 | $5,071 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Chase
Seller's Agent in 2013
Christian Chase
Chase Real Estate LLC
(630) 527-0095
14 in this area
485 Total Sales
-
Tamika Marks
Buyer's Agent in 2013
Tamika Marks
Trademarks & Associates
(773) 656-9895
220 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08272473
APN: 29-36-410-003-1001
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