$124,000
SOLD JUL 3, 2024

216 Madison St Unit 3D Joliet, IL 60435

2 Beds
1 Bath
877 Sq Ft
$193/mo HOA Fee

Recently Sold

$141 Per Sq Ft

3% Above List Price

About This Home

As of July 2024

This 2 bedroom 1 bath condo located near St Joseph Medical center has newer appliances. All walls and ceilings have been freshly painted. This unit is move in ready for a first time buyer or investment property. Monthly assessments includes water, snow removal, lawn maintenance, garbage and exterior maintenance.

Last Agent to Sell the Property

Theresa Toledo

Karges Realty License #475174802

Last Buyer's Agent

David Hulbert

Carter Realty Group License #475150587

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,249

Year Built

  • Built in 1980

HOA Fees

  • $193 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 877 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Balcony

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating Available

Community Details

Overview

  • Association fees include water, snow removal
  • 12 Units
  • Nemanich Management & Consulti Association, Phone Number (815) 609-2330
  • Property managed by Manager off-site

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,249

Year Built

Built in 1980

Lot Details

0

HOA Fees

$193 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 877
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 120000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 193
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Manager off-site
  • Management Contact Name: Nemanich Management & Consulti
  • Management Phone: 815-609-2330
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Snow Removal

Schools

  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2249
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jul 1, 2024
Sold by
Jones Patrick M
Bought by
Gray Nikko R
Seller's Agent
Theresa Toledo
Karges Realty
Buyer's Agent
David Hulbert
Carter Realty Group
List Price
$120,000
Sold Price
$124,000
Premium/Discount to List
$4,000
3.33%
Total Days on Market
0
Views
27
Current Estimated Value
$140,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,086
Avg. Annual Appreciation
14.51%
Original Mortgage
$6,200
Outstanding Balance
$4,651
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$135,435

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 23, 2018
Sold by
Lash Jana L and Egan Steven R
Bought by
Jones Patrick M
Seller's Agent
Sam Gersman
Karges Realty
Buyer's Agent
Theresa Toledo
Karges Realty
List Price
$69,500
Sold Price
$67,000
Premium/Discount to List
-$2,500
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$53,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Egan Steven R and Egan Elizabeth R
Bought by
Sullivan Margaret A and Lash Jana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,800
Interest Rate
6.34%
Mortgage Type
Stand Alone First

Map

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 Type Sale Price Title Company
Warranty Deed $124,000 Chicago Title
Warranty Deed $67,000 Chicago Title Ins Co
Warranty Deed $63,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,200 New Conventional
Open $117,800 New Conventional
Previous Owner $53,000 New Conventional
Previous Owner $46,500 New Conventional
Previous Owner $50,800 Stand Alone First
Previous Owner $63,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $124,000 +3.3% $141 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $120,000 +79.1% $137 / Sq Ft
07/23/2018 07/23/18 Sold $67,000 -3.6% $76 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $69,500 -- $79 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2023 $2,460 $33,204 $6,035 $27,169
2022 $2,248 $30,035 $5,459 $24,576
2021 $2,072 $28,052 $5,099 $22,953
2020 $1,938 $26,640 $4,842 $21,798
2019 $1,322 $24,758 $4,500 $20,258
2018 $1,183 $22,877 $4,158 $18,719
2017 $713 $20,799 $3,780 $17,019
2016 $742 $19,144 $3,466 $15,678
2015 $835 $17,950 $3,250 $14,700
2014 $835 $17,900 $3,250 $14,650
2013 $835 $19,011 $3,586 $15,425
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12048324

Midwest Real Estate Data (MRED)

APN: 07-07-311-026