NOT LISTED FOR SALE

2516 S 1st Ave Riverside, IL 60546

Estimated Value: $372,000 - $403,000

4 Beds
3 Baths
1,200 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $248,500 $207 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,562/month

13 Days on Market

Highlights

  • Detached Garage
  • Riverside Brookfield High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

MACK ESTATES PRESENTS THIS BEAUTIFUL, FULLY REDEVELOPED HOME THAT RIVALS NEW CONSTRUCTION. THERE IS GREAT VALUE IN THIS PROPERTY GIVEN ALL THE IMPROVEMENTS WHICH INCLUDE NEW HARDWOOD FLOORS THROUGHOUT THE FIRST FLOOR, NEW ESPRESSO CABINETS, GRANITE COUNTERTOPS, SS APPLIANCES, NEW BATHROOMS, FINISHED BASEMENT WITH 2 ADDITIONAL BEDROOMS DOWNSTAIRS w/ FULL BATH, CENTRAL AIR, UPDATED, ELECTRICAL, PLUMBING, WINDOWS AND MUCH MUCH MORE! COME TAKE YOUR CLIENTS TO SEE THIS GEM!

Last Agent to Sell the Property

Nelson Derbigny

Metrolina Realty LLC License #471011708 Listed on: 06/09/2016

Last Buyer's Agent

Esmeralda Gil

WE Realty License #471022553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,172

Year Built

  • 1949

Lot Details

  • 6,273

Parking

  • Detached Garage
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,172

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: 1949
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X13, On Level: Main Level
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X11, On Level: Main Level
  • Kitchen Type: Dimensions: 10X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X10, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level
  • Bedroom 3: Dimensions: 11X10, On Level: Basement
  • Bedroom 4: Dimensions: 11X11, On Level: Basement
  • Estimated Sq Ft: 1200
  • Family Room: Dimensions: 13X10, On Level: Basement

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 96
  • Junior High Dist: 96

Lot Info

  • Lot Dimensions: 45X125
  • Parcel Identification Number: 15261310130000

Tax Info

  • Taxes: 3053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 12, 2016
Sold by
Mack Investments 1 Llc
Bought by
Wilson Tiffany J
Seller's Agent
Nelson Derbigny
Metrolina Realty LLC
Buyer's Agent
Esmeralda Gil
WE Realty
List Price
$249,500
Sold Price
$248,500
Premium/Discount to List
-$1,000
-0.4%
Current Estimated Value
$387,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,241
Avg. Annual Appreciation
5.18%
Original Mortgage
$239,802
Outstanding Balance
$193,216
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$200,803

Purchase Details

Closed on
Aug 27, 2015
Sold by
Mack Industries Ii Llc
Bought by
Mack Invesments I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mack Industries Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
4.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2014
Sold by
Perez Marcelo C
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 2, 2013
Sold by
Perez Marcelo C
Bought by
Perez Elizabeth

Purchase Details

Closed on
Oct 25, 1998
Sold by
Margosein Kimberly G
Bought by
Perez Marcelo C and Perez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
6.94%
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
Wilson Tiffany J $248,500 Chicago Title Company
Mack Invesments I Llc -- Git
Mack Industries Ii Llc $100,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Perez Elizabeth -- None Available
Perez Marcelo C $120,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Tiffany J $239,802
Previous Owner Mack Invesments I Llc $4,500,000
Previous Owner Perez Marcelo C $116,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $248,500 -0.4% $207 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $249,500 -- $208 / 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 $6,172 $29,000 $6,250 $22,750
2023 $5,180 $29,000 $6,250 $22,750
2022 $5,180 $21,179 $5,469 $15,710
2021 $5,032 $21,178 $5,468 $15,710
2020 $5,008 $21,178 $5,468 $15,710
2019 $5,326 $24,480 $5,000 $19,480
2018 $5,223 $24,480 $5,000 $19,480
2017 $5,975 $24,480 $5,000 $19,480
2016 $1,351 $5,229 $4,375 $854
2015 $3,261 $12,923 $4,375 $8,548
2014 $3,053 $14,603 $4,375 $10,228
2013 $3,530 $17,427 $4,375 $13,052
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Nelson Derbigny

    Metrolina Realty LLC

    (855) 500-2088

    16 Total Sales

    Nelson Derbigny
    Section Image
  • Esmeralda Gil

    Buyer's Agent in 2016

    Esmeralda Gil

    WE Realty

    (630) 235-9093

    2 in this area

    67 Total Sales

    Esmeralda Gil
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09253245

Midwest Real Estate Data (MRED)

APN: 15-26-131-013-0000

Illinois Cook County Riverside 60546

2516 S 1st Ave, Riverside, IL

This home is located at 2516 S 1st Ave, Riverside, IL 60546 since 09 June 2016 and is currently estimated at $387,741, approximately $323 per square foot. This property was built in 1949. 2516 S 1st Ave is a home located in Cook County with nearby schools including Komarek Elementary School, Riverside Brookfield High School, and St Mary Elementary School.

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