NOT LISTED FOR SALE

22500 Lakeshore Dr Richton Park, IL 60471

Estimated Value: $222,000 - $246,000

3 Beds
2 Baths
1,215 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 27, 2012

Last sale price $56,567 $47 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $1,500/month

34 Days on Market

About This Home

As of November 2012

**THIS IS NOT A FORECLOSURE SALE** GREAT INVESTMENT OPPORTUNITY FOR FIRST-TIME HOME BUYERS. THIS HOME IS READY FOR SOME TLC. VACANT. SOLD IN "AS IS" CONDITION. NO SURVEY, BUYER TO VERIFY ROOM COUNT AND ALL SQ FOOTAGE. PROOF OF FUNDING/PRE APPROVAL LETTER MUST ACCOMPANY ALL OFFERS. EARNEST MONEY MUST BE IN CERTIFIED FUNDS. NO REPAIR CREDIT OFFERED!

Last Agent to Sell the Property

Emelin Brown

Realty of America, LLC License #471008448 Listed on: 09/25/2012

Realty of America, LLC

Last Buyer's Agent

Paul Newman

RE/MAX 10 License #475088416

RE/MAX 10

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,654

Lot Details

  • 8,146

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Aluminum Siding
  • Vinyl Siding

Finished Basement

  • Partial Basement

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$7,654

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 6
  • Basement: Partial
  • Basement: Finished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 12X15
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 10X11
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 11X12
  • Living Room Level: Main Level
  • Living Room Size: 13X20
  • Family Room Level: Lower
  • Family Room Size: 20X22
  • Kitchen Level: Main Level
  • Kitchen Size: 12X20

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Number of Cars: 3
  • Parking: Off Street
  • Parking Type: Garage, Space/s
  • Garage Type: Garage Door Opener(s), Transmitter(s)

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas

Schools

  • Junior High Dist: 159

Lot Info

  • Lot Dimensions: 65X130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2017
Sold by
Levon Ronald
Bought by
Wells Fargo Bank Na
Current Estimated Value
$232,515

Purchase Details

Listed on
Sep 25, 2012
Closed on
Nov 20, 2012
Sold by
Chicago Title Land Trust Co
Bought by
Dnr Construction Properties Inc
Seller's Agent
Emelin Brown
Realty of America, LLC
Buyer's Agent
Paul Newman
RE/MAX 10
List Price
$74,900
Sold Price
$56,567
Premium/Discount to List
-$18,333
-24.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%

Purchase Details

Closed on
May 3, 2002
Sold by
Polega Stephen M and Polega Tina E
Bought by
Arnold Elmira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
9.25%

Purchase Details

Closed on
Aug 28, 1995
Sold by
Marquis Phyllis
Bought by
Polega Stephen M and Polega Tina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,495
Interest Rate
7.76%
Mortgage Type
Assumption
Source: Public Records

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 Buyer Sale Price Title Company
Wells Fargo Bank Na -- Attorney
Dnr Construction Properties Inc $57,000 None Available
Arnold Elmira $162,000 --
Polega Stephen M $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Real World Property Group Llc $129,000
Previous Owner Arnold Elmira $189,050
Previous Owner Arnold Elmira $129,500
Previous Owner Polega Stephen M $121,495
Closed Arnold Elmira $32,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2012 11/27/12 Sold $56,567 -12.8% $47 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/23/2012 10/23/12 Price Changed $64,900 -13.4% $53 / Sq Ft
09/25/2012 09/25/12 For Sale $74,900 -- $62 / 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 $7,654 $17,907 $4,469 $13,438
2023 $6,483 $17,907 $4,469 $13,438
2022 $6,483 $11,508 $3,859 $7,649
2021 $6,415 $11,508 $3,859 $7,649
2020 $6,225 $11,508 $3,859 $7,649
2019 $5,543 $9,978 $3,453 $6,525
2018 $5,462 $9,978 $3,453 $6,525
2017 $5,346 $9,978 $3,453 $6,525
2016 $5,274 $9,862 $3,046 $6,816
2015 $6,120 $11,689 $3,046 $8,643
2014 $6,037 $11,689 $3,046 $8,643
2013 $6,467 $13,526 $3,046 $10,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08166428

Midwest Real Estate Data (MRED)

APN: 31-33-203-014-0000