NOT LISTED FOR SALE

2546 Ridge Rd Lansing, IL 60438

Estimated Value: $156,698 - $184,000

2 Beds
1 Bath
864 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $152,500 $177 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,240/month

3 Days on Market

Highlights

  • Wood Flooring
  • 1.5 Car Detached Garage
  • Bathroom on Main Level
  • Formal Dining Room
  • Living Room
  • 1-Story Property

About This Home

As of June 2022

Recently Updated Ranch home in a convenient location close to shopping and I-94. First floor features include remodeled bathroom and kitchen with appliances, Dining Room with Hardwood floors, Living Room with Hardwood floors, large Main Bedroom, 2nd Bedroom, and enclosed back porch. Additional features include Full Basement with rough-in for bath, covered Front Porch, Detached Garage and Huge Yard.... a Great Value!

Last Agent to Sell the Property

Christopher Vargas

PROSALES REALTY License #475177046 Listed on: 03/10/2022

Last Buyer's Agent

Bianey Soto

Realty of America, LLC License #475197542

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,098

Year Built

  • Built in 1925 | Remodeled in 2019

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 50 x 210

Parking

  • 1.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Slate

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Thornton Fractnl So High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,098

Year Built

Built in 1925 | Remodeled in 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 864
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 864
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1728
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Slate

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Thornton Fractnl So High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.241
  • Lot Dimensions: 50 X 210
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5097.74
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jun 6, 2022
Sold by
Ibarra Milton A Chavez and Estephany Julia
Bought by
Gomez Miguel Martinez
Seller's Agent
Christopher Vargas
PROSALES REALTY
Buyer's Agent
Bianey Soto
Realty of America, LLC
List Price
$155,000
Sold Price
$152,500
Premium/Discount to List
-$2,500
-1.61%
Current Estimated Value
$173,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,425
Avg. Annual Appreciation
3.83%
Original Mortgage
$149,737
Outstanding Balance
$142,451
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$31,474

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 19, 2021
Sold by
Deyoung Jeffrey A
Bought by
Ibarra Milton A Chavez
Seller's Agent
Al Evers
Evers Realty Group
Buyer's Agent
Christopher Vargas
Chicagoland Brokers Inc.
List Price
$119,900
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.99%
Original Mortgage
$107,910
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2006
Sold by
Reich Robert P
Bought by
Deyoung Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 1998
Sold by
Bank Of Homewood
Bought by
Reich Robert P and Taylor Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,337
Interest Rate
7.27%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Bank Of Homewood and Trust #95046
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gomez Miguel Martinez $152,500 Chicago Title
Ibarra Milton A Chavez $120,000 Old Republic Title
Deyoung Jeffrey A $105,000 Pntn
Reich Robert P $71,000 --
Bank Of Homewood -- --
Bank Of Homewood -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Miguel Martinez $149,737
Previous Owner Ibarra Milton A Chavez $107,910
Previous Owner Deyoung Jeffrey A $105,000
Previous Owner Reich Robert P $65,337
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2022 06/07/22 Sold $152,500 -1.6% $177 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $155,000 +29.3% $179 / Sq Ft
03/24/2021 03/24/21 Sold $119,900 0.0% $139 / Sq Ft View Prior Sale
02/12/2021 02/12/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $119,900 0.0% $139 / Sq Ft
02/08/2021 02/08/21 Off Market $119,900 -- --
02/08/2021 02/08/21 For Sale $119,900 -- $139 / 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 $3,899 $11,375 $4,463 $6,912
2023 $5,647 $13,001 $4,463 $8,538
2022 $5,647 $8,691 $3,938 $4,753
2021 $5,493 $8,689 $3,937 $4,752
2020 $5,098 $8,689 $3,937 $4,752
2019 $4,886 $8,583 $3,675 $4,908
2018 $4,796 $8,583 $3,675 $4,908
2017 $3,422 $9,441 $3,675 $5,766
2016 $2,862 $7,731 $3,412 $4,319
2015 $2,595 $7,731 $3,412 $4,319
2014 $2,587 $7,731 $3,412 $4,319
2013 $2,883 $9,033 $3,412 $5,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11344135

Midwest Real Estate Data (MRED)

APN: 30-31-120-041-0000