NOT LISTED FOR SALE

2437 E 2850th Rd Marseilles, IL 61341

Estimated Value: $250,000 - $543,000

4 Beds
1.5 Baths
2,000 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 22, 2013

Last sale price $110,000 $55 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $2,367/month

63 Days on Market

Highlights

  • 5 Acre Lot
  • Living Room
  • Central Air
  • Raised Ranch Architecture
  • Laundry Room
  • Dining Room

About This Home

As of October 2013

ALL MUST HAVE PROOF OF FUNDS OR LETTER OF CREDIT APPROVAL. MNIMUM $1000 EARNEST MONEY

Last Agent to Sell the Property

Mary Eichelkraut

Lloyd Chapman Realty Co. Listed on: 07/17/2013

Last Buyer's Agent

Harriet Osborne

1st Real Estate Professionals of WILL/Grundy Counties Inc License #475136383

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,838

Year Built

  • Built in 1983

Lot Details

  • 5 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Utilities

  • Central Air
  • Heating Available
  • 100 Amp Service
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,838

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1983
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 2000
  • Room Type: No additional rooms
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Driveway: Gravel
  • Parking: None

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Electric
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 5
  • Lot Dimensions: 5
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 2838
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Justice Jerry J and Justice Laura
Bought by
Justice Jerry J and Justice Laura
Current Estimated Value
$396,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$212,191
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$184,783

Purchase Details

Closed on
May 18, 2024
Sold by
Justice Sarah E
Bought by
Justice Jerry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$212,191
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$184,783

Purchase Details

Closed on
Mar 29, 2022
Sold by
Justice Thomas L
Bought by
Justice Jerry J and Justice Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2013
Closed on
Sep 27, 2013
Sold by
The Bank Of New York Mellon Trust Co Na
Bought by
Justice Thomas L
Seller's Agent
Mary Eichelkraut
Lloyd Chapman Realty Co.
Buyer's Agent
Harriet Osborne
1st Real Estate Professionals of WILL/Grundy Counties Inc
List Price
$127,500
Sold Price
$110,000
Premium/Discount to List
-$17,500
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Original Mortgage
$88,000
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 24, 2012
Sold by
Conway Patrick J
Bought by
Bank Of New York Mellon Trust Co
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
Justice Jerry J -- None Available
Justice Jerry J -- None Available
Justice Jerry J $143,500 None Available
Justice Thomas L $110,000 Wheatland Title Guaranty
Bank Of New York Mellon Trust Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Justice Jerry J $215,000
Previous Owner Justice Jerry J $136,000
Previous Owner Justice Thomas L $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2013 10/22/13 Sold $110,000 -8.3% $55 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
09/10/2013 09/10/13 Price Changed $119,900 -6.0% $60 / Sq Ft
07/17/2013 07/17/13 For Sale $127,500 -- $64 / 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 $3,444 $81,471 $21,544 $59,927
2023 $3,031 $71,964 $19,030 $52,934
2022 $2,717 $58,431 $24,623 $33,808
2021 $2,595 $54,721 $23,060 $31,661
2020 $2,569 $54,557 $22,991 $31,566
2019 $2,518 $52,917 $22,300 $30,617
2018 $2,448 $51,331 $21,632 $29,699
2017 $2,443 $51,331 $21,632 $29,699
2016 $2,434 $51,331 $21,632 $29,699
2015 $2,120 $44,729 $18,850 $25,879
2012 -- $67,500 $19,075 $48,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08397290

Midwest Real Estate Data (MRED)

APN: 29-51-314000