NOT LISTED FOR SALE

265 S Laurel Rd Kankakee, IL 60901

Estimated Value: $232,000 - $291,852

4 Beds
3.5 Baths
3,073 Sq Ft
$84/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $185,000 $60 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,860/month

29 Days on Market

Highlights

  • River Front
  • Deck
  • Central Air
  • A-Frame Home
  • 2.5 Car Attached Garage
  • Wood Burning Fireplace

About This Home

As of July 2021

Come check out this river front home with a huge almost 1 acre wooded lot! This home boasts 4 bedrooms, 3 full bathrooms, one half bathroom, an attached 2.5 car garage, a detached 2.5 car garage, new roof, waterfront property with a permanent dock, and so much more! Property currently is set up with a related living apartment that currently has a renter on a month to month lease.

Last Agent to Sell the Property

Kody Lathus

Exclusive Realtors License #471020427 Listed on: 05/15/2021

Last Buyer's Agent

Ashley Hay

Z Realty Group License #475176541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,314

Year Built

  • Built in 1976

Lot Details

  • 0.63 Acre Lot
  • River Front
  • Property is zoned SINGL

Parking

  • 2.5 Car Attached Garage
  • Parking Space is Owned

Home Design

  • A-Frame Home
  • Vinyl Siding

Interior Spaces

  • 3,073 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • River Rest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,314

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: A-Frame
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: River Rest
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 3073
  • Room Type: Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 185000
  • Lot Features: River Front
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Private Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Size Acres: 0.634
  • Lot Dimensions: 0.634
  • Zoning: SINGL
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5314.44
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jul 16, 2021
Sold by
Linda L Sokol Trust
Bought by
Hay Alexandra
Seller's Agent
Kody Lathus
Exclusive Realtors
Buyer's Agent
Ashley Hay
Z Realty Group
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Current Estimated Value
$258,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,463
Avg. Annual Appreciation
8.66%
Original Mortgage
$175,750
Outstanding Balance
$162,220
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$99,329
Source: Public Records

Range of Values:

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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
Hay Alexandra $185,000 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hay Alexandra $175,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $185,000 -5.1% $60 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $195,000 -- $63 / 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 $5,795 $77,689 $9,179 $68,510
2023 $5,538 $71,274 $8,421 $62,853
2022 $5,181 $63,496 $7,502 $55,994
2021 $5,155 $58,120 $6,867 $51,253
2020 $4,715 $54,573 $6,448 $48,125
2019 $5,314 $53,634 $6,337 $47,297
2018 $5,184 $51,080 $6,035 $45,045
2017 $5,167 $51,080 $6,035 $45,045
2016 $4,399 $49,834 $5,888 $43,946
2015 $4,353 $50,851 $6,008 $44,843
2014 $4,213 $51,625 $6,099 $45,526
2013 -- $53,084 $6,271 $46,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11089259

Midwest Real Estate Data (MRED)

APN: 12-18-05-102-005