NOT LISTED FOR SALE

18641 Torrence Ave Lansing, IL 60438

Estimated Value: $184,829 - $224,000

3 Beds
2 Baths
852 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $149,900 $176 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,583/month

13 Days on Market

Highlights

  • Laundry Room
  • Combination Dining and Living Room
  • Family Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

***** GREAT DEAL*** AWESOME REHABBED HOME IS BEING SOLD AS IS**** WAS GUT REHABBED IN 2013 AND IS A SOLID HOME****3 BED 2 BATH HOME WITH A GREAT DRY BASEMENT*****FRESHLY PAINTED AND CLEANED**** NEW STOVE ON ORDER**** FENCED YARD AND DRIVEWAY**** SOLD AS - IS *** 100% TAX*** NO SURVEY**** NO FHA*** BUYER TO TAKE ON VILLAGE REPAIRS**** FENCE AS- IS ****

Last Listed By

Jeannie Autry

Leverage Investments, LLC License #471010014 Listed on: 03/04/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,912

Year Built

  • Built in 1935 | Remodeled in 2013

Lot Details

  • Lot Dimensions are 90x138

Home Design

  • Vinyl Siding

Interior Spaces

  • 852 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,912

Year Built

Built in 1935 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1935
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2013
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2013

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 852
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1290
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 155000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 158

Lot Info

  • Lot Dimensions: 90X138
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4912.08
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 4, 2022
Sold by
Anil Desai Billy
Bought by
Scott Theron
Seller's Agent
Jeannie Autry
Leverage Investments, LLC
Buyer's Agent
Taronn Guyton
Baird & Warner
List Price
$155,000
Sold Price
$149,900
Premium/Discount to List
-$5,100
-3.29%
Total Days on Market
13
Current Estimated Value
$202,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,807
Avg. Annual Appreciation
9.39%
Original Mortgage
$147,184
Outstanding Balance
$140,389
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$55,805

Purchase Details

Listed on
Mar 13, 2013
Closed on
May 6, 2013
Sold by
Mack Investments Llc
Bought by
Desai Billy Anil
Seller's Agent
Eric Workman
Green Street Capital LTD
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$92,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2012
Closed on
Nov 21, 2012
Sold by
Fannie Mae
Bought by
Mack Investments 1 Llc
Seller's Agent
Jeff Mrozek
Crosstown Realtors, Inc.
Buyer's Agent
Jeff Mrozek
Crosstown Realtors, Inc.
List Price
$64,200
Sold Price
$38,500
Premium/Discount to List
-$25,700
-40.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1174.10%
Original Mortgage
$30,800
Interest Rate
3.36%
Mortgage Type
Construction

Purchase Details

Closed on
May 30, 2012
Sold by
Kaupas Stacy and Kaupas Donyell
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 28, 2007
Sold by
Kelsven Timothy W and Kelsven Regina L
Bought by
Kaupas Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 1998
Sold by
Kelsven Timothy W
Bought by
Kelsven Timothy W and Kelsven Regina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,300
Interest Rate
6.95%

Purchase Details

Closed on
Mar 17, 1994
Sold by
Kelsven Cheryl A
Bought by
Kelsven Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,695
Interest Rate
8.6%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 1994
Sold by
Kelsven Cheryl A
Bought by
Kelsven Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,695
Interest Rate
8.6%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Desai Billy Anil $115,000 None Available
Mack Investments 1 Llc $38,500 First American Title
Federal National Mortgage Association -- Old Republic National Title
Kaupas Stacy $145,000 Chicago Title Insurance Co
Kelsven Timothy W -- First American Title Ins Co
Kelsven Timothy W -- --
Kelsven Timothy W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Billy Anil $92,000
Previous Owner Mack Investments 1 Llc $30,800
Previous Owner Mack Investments I Llc $3,500,000
Previous Owner Kaupas Stacy $145,000
Previous Owner Kelsven Timothy W $78,750
Previous Owner Kelsven Timothy W $66,300
Previous Owner Kelsven Timothy W $73,695
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $149,900 -3.3% $176 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $155,000 +3.4% $182 / Sq Ft
03/16/2022 03/16/22 Off Market $149,900 -- --
03/04/2022 03/04/22 For Sale $155,000 +34.8% $182 / Sq Ft
05/07/2013 05/07/13 Sold $115,000 0.0% $135 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $115,000 +198.7% $135 / Sq Ft
11/30/2012 11/30/12 Sold $38,500 -14.3% $45 / Sq Ft
11/03/2012 11/03/12 Pending -- -- --
10/22/2012 10/22/12 Price Changed $44,900 -18.2% $53 / Sq Ft
09/20/2012 09/20/12 Price Changed $54,900 -6.8% $64 / Sq Ft
08/09/2012 08/09/12 Price Changed $58,900 -8.3% $69 / Sq Ft
07/03/2012 07/03/12 For Sale $64,200 -- $75 / 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 $5,445 $13,422 $2,430 $10,992
2023 $5,445 $13,422 $2,430 $10,992
2022 $5,445 $9,275 $4,556 $4,719
2021 $5,249 $9,275 $4,556 $4,719
2020 $4,912 $9,275 $4,556 $4,719
2019 $5,318 $10,287 $4,252 $6,035
2018 $5,173 $10,287 $4,252 $6,035
2017 $5,064 $10,287 $4,252 $6,035
2016 $4,053 $8,455 $3,948 $4,507
2015 $3,928 $8,455 $3,948 $4,507
2014 $3,836 $8,455 $3,948 $4,507
2013 $3,933 $9,554 $3,948 $5,606
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11338579

Midwest Real Estate Data (MRED)

APN: 33-06-103-002-0000