$67,000
SOLD JUL 23, 2018

216 Madison St Unit 3D Joliet, IL 60435

2 Beds
1 Bath
877 Sq Ft
$160/mo HOA Fee

Recently Sold

$76 Per Sq Ft

4% Below List Price

12 Days on Market

Highlights

  • Walk-In Pantry
  • Breakfast Bar
  • Baseboard Heating
  • Balcony
  • Property is near a bus stop
  • Senior Tax Exemptions

About This Home

As of July 2024

This 2 bedroom 1 bath condo located near St Joseph Medical center has all new carpeting throughout. All walls and ceilings have been freshly painted, along with new light fixtures. 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

Sam Gersman

Karges Realty License #475175585

Last Buyer's Agent

Theresa Toledo

Karges Realty License #475174802

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,460

Year Built

  • 1980

HOA Fees

  • $160 per month

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Stone Siding

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Home Security

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Individual Controls for Heating
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Balcony
  • Property is near a bus stop

Community Details

  • Common Area
  • Storm Screens

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,460

Year Built

1980

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Unit Floor Level: 3
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 877
  • Estimated Year Built: 1980
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1980

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 12X18, On Level: Main Level, Flooring: Carpet, Windows: None
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Disposal, Range Hood
  • Equipment: TV-Cable
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 12X18, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 12X15, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Balcony, Dimensions: 4X8, On Level: Main Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 877
  • Estimated Total Finished Sq Ft: 877
  • Main Level Sq Ft: 877

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Frame, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Storms/Screens, Cable Access
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Baseboard, Indv Controls

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets
  • Common Area Amenities: Coin Laundry, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessed Sq Ft: 877
  • Assessment Association Fees: 160
  • Management Contact Name: Office
  • Management Phone: 815-609-2330

Fee Information

  • Management Company: Nemanich Management & Consulting

Schools

  • School District: 204
  • Junior High Dist: 86

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 3007073110261026

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 712.74

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
12
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
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 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: MRD09964264

Midwest Real Estate Data (MRED)

APN: 07-07-311-026