NOT LISTED FOR SALE

1861 Summit Ave Kankakee, IL 60901

Estimated Value: $140,000 - $181,000

3 Beds
3 Baths
1,275 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $140,000 $110 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,142/month

12 Days on Market

About This Home

As of September 2021

Newly renovated home with master suite... 4 bedroom 3 bath, detached 2 car garage with large back yard. (Agent Owned)

Last Agent to Sell the Property

Zaneta Sanders

Z Realty Group License #471018950 Listed on: 08/03/2021

Last Buyer's Agent

Perfecto Carrillo

Agent 1 Realty Group LLC License #471020295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,233

Year Built

  • Built in 1952 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 64x128
  • Property is zoned SINGL

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • 1,275 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms
  • Shower Body Spray

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,233

Year Built

Built in 1952 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1952
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1275
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 750
  • Basement Description: Finished
  • Bathroom Amenities: Full Body Spray Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 950
  • Kitchen: Eating Area-Table Space
  • MRD_MBB: Full
  • Master Bedroom Dimensions: 12X12

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: 1 (Window/Wall Unit)
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 64X128
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3233
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 27, 2021
Sold by
Z Realty Group Co
Bought by
Swanagan Beverly
Seller's Agent
Zaneta Sanders
Z Realty Group
Buyer's Agent
Perfecto Carrillo
Agent 1 Realty Group LLC
List Price
$147,000
Sold Price
$140,000
Premium/Discount to List
-$7,000
-4.76%
Current Estimated Value
$173,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,043
Avg. Annual Appreciation
3.31%
Original Mortgage
$137,464
Outstanding Balance
$125,354
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$35,289

Purchase Details

Listed on
Oct 25, 2019
Closed on
Aug 17, 2020
Sold by
Popular Bank
Bought by
Z Realty Group Co
Seller's Agent
Richard Smith
Smith's Real Estate Services,
Buyer's Agent
Zaneta Sanders
Z Realty Group
List Price
$42,900
Sold Price
$23,000
Premium/Discount to List
-$19,900
-46.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
424.36%

Purchase Details

Closed on
May 13, 2019
Sold by
Sheriff Of Kankakee County
Bought by
Popular Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swanagan Beverly $140,000 Community Title
Z Realty Group Co $23,000 Chicago Title
Popular Bank -- Weltman Weinberg & Reis Co Lpa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanagan Beverly $137,464
Closed Swanagan Beverly $6,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $140,000 -4.8% $110 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $147,000 +539.1% $115 / Sq Ft
08/26/2020 08/26/20 Sold $23,000 -28.1% $18 / Sq Ft View Prior Sale
07/20/2020 07/20/20 Pending -- -- --
04/27/2020 04/27/20 Price Changed $32,000 -8.3% $25 / Sq Ft
03/09/2020 03/09/20 Price Changed $34,900 -14.7% $27 / Sq Ft
12/02/2019 12/02/19 Price Changed $40,900 -4.7% $32 / Sq Ft
10/25/2019 10/25/19 For Sale $42,900 -- $34 / 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 $2,820 $34,850 $4,298 $30,552
2023 $3,203 $31,047 $3,829 $27,218
2022 $3,014 $27,174 $3,351 $23,823
2021 $3,485 $24,592 $3,033 $21,559
2020 $3,233 $22,105 $2,726 $19,379
2019 $3,081 $20,563 $2,536 $18,027
2018 $2,032 $19,040 $2,348 $16,692
2017 $2,252 $18,621 $2,296 $16,325
2016 $2,091 $18,256 $2,251 $16,005
2015 $2,039 $18,629 $2,297 $16,332
2014 $2,287 $20,699 $2,297 $18,402
2013 $1,201 $21,562 $2,393 $19,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11177014

Midwest Real Estate Data (MRED)

APN: 16-17-04-402-017