NOT LISTED FOR SALE

2522 198th St Lynwood, IL 60411

Estimated Value: $259,425 - $318,000

4 Beds
2 Baths
1,224 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $210,000 $172 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,047/month

3 Days on Market

Highlights

  • Lake Front
  • Stainless Steel Appliances
  • Porch
  • Walk-In Pantry
  • Detached Garage
  • Soaking Tub

About This Home

As of March 2020

THIS IS BETTER THAN NEW CONSTRUCTION WITH LESS MONEY! MAGNIFICENTLY REHABBED SPACIOUS SPLIT LEVEL WITH TOTAL OF 4 BEDROOMS & 1.5 FULLY REHABBED BATHROOMS. BE AMAZED BY THE QUALITY CRAFTSMANSHIP FEATURING GREAT DETAILS ALL OVER THE HOME LIKE THE PATTERNED WALL, THE GRANITE BACKSPLASH, LIGHT FIXTURES AND EUROPEAN LOOKS BATHROOM. ENJOY THE GOURMET KITCHEN WITH ALL STAINLESS STEEL APPLIANCES AND QUARTZ COUNTER-TOPS. HOME HAS ALL NEW FLOORINGS THROUGHOUT, HOW ABOUT THE FULLY FINISHED & SPACIOUS LOWER LEVEL FOR GREAT FAMILY TIME. HOME ALSO FEATURES FENCED BACK YARDS WITH WATER RIGHT. LOOK AT HOW SERENE IT IS... YOU WOULD FALL IN LOVE WITH THIS HOME LOCATED IN THIS MOST DESIRABLE NEIGHBORHOOD OF LYNWOOD.

Last Agent to Sell the Property

YeeMei Chua

Pavilion Realty LLC License #471018895 Listed on: 01/20/2020

Last Buyer's Agent

Vadie Reese

Serene Realty, Inc. License #475155216

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,593

Year Built | Renovated

  • 1978 | 2019

Lot Details

  • 7,841

HOA Fees

  • $8 per month

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • Soaking Tub

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Rights

Additional Features

  • Water Views
  • Lake Front

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,593

Year Built | Renovated

1978 | 2019

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1200
  • Type Detached: Split Level
  • Estimated Year Built: 1978
  • Total Sq Ft: 1200
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X22, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Sump Pump
  • Attic: Unfinished
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X13, On Level: Lower, Flooring: Other
  • Dining Room: Dimensions: 10X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 9X13, On Level: Lower, Flooring: Wood Laminate
  • Estimated Sq Ft: 1224
  • Estimated Total Finished Sq Ft: 1200
  • Lower Level Sq Ft: 1200
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X16, On Level: Lower, Flooring: Wood Laminate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Patio, Porch, Storms/Screens
  • Exposure: Lake/Water
  • Acreage: 0.187

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Clubhouse, Lake Rights
  • Assessed Sq Ft: 1224
  • Assessment Association Fees: 100

Schools

  • School District: 215
  • Junior High Dist: 171

Lot Info

  • Lot Dimensions: 70X118X68X118
  • Lot Description: Water Rights, Water View
  • Parcel Identification Number: 33071040370000

Tax Info

  • Taxes: 5491.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Mar 2, 2020
Sold by
Sunway Realty Llc
Bought by
Richardson Denise
Seller's Agent
YeeMei Chua
Pavilion Realty LLC
Buyer's Agent
Vadie Reese
Serene Realty, Inc.
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%
Current Estimated Value
$287,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,201
Avg. Annual Appreciation
4.85%
Original Mortgage
$203,700
Outstanding Balance
$182,648
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$89,219

Purchase Details

Closed on
Apr 22, 2019
Sold by
Martin Michael T
Bought by
Sunway Realty Llc

Purchase Details

Closed on
Mar 31, 2017
Sold by
Henderson Denise G
Bought by
Martin Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
4.16%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Richardson Denise $210,000 Fidelity National Title
Sunway Realty Llc $107,000 Attorney
Martin Michael T $113,500 Greater Lllinois Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Denise $203,700
Previous Owner Martin Michael T $113,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $210,000 -2.3% $172 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $214,900 +100.8% $176 / Sq Ft
08/27/2019 08/27/19 Sold $107,000 +1.9% $87 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $105,000 0.0% $86 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $105,000 0.0% $86 / Sq Ft
02/04/2019 02/04/19 Price Changed $105,000 +31.4% $86 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
11/05/2018 11/05/18 Price Changed $79,900 +60.1% $65 / Sq Ft
11/02/2018 11/02/18 Price Changed $49,900 -37.5% $41 / Sq Ft
10/27/2018 10/27/18 For Sale $79,900 -- $65 / 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 $5,593 $19,349 $4,488 $14,861
2023 $3,452 $19,349 $4,488 $14,861
2022 $3,452 $10,597 $3,876 $6,721
2021 $5,012 $10,597 $3,876 $6,721
2020 $4,682 $10,597 $3,876 $6,721
2019 $5,683 $12,836 $3,468 $9,368
2018 $5,491 $12,836 $3,468 $9,368
2017 $5,516 $12,836 $3,468 $9,368
2016 $5,331 $12,367 $3,060 $9,307
2015 $3,322 $12,367 $3,060 $9,307
2014 $3,341 $12,367 $3,060 $9,307
2013 $3,474 $13,582 $3,060 $10,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10614641

Midwest Real Estate Data (MRED)

APN: 33-07-104-037-0000