NOT LISTED FOR SALE

2953 Covered Bridge Way Unit 363 Joliet, IL 60435

Southwest Joliet Neighborhood

Estimated Value: $263,000 - $297,968

2 Beds
2 Baths
1,700 Sq Ft
$179/mo HOA Fee

Last Sold October 23, 2015

Last sale price $145,000 $85 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,196/month

327 Days on Market

Highlights

  • Property is near a forest
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Troy Craughwell Elementary School Rated A-
  • Den
  • Bathroom on Main Level

About This Home

As of October 2015

Exceptional condo in a gated community. Soaring ceilings in the Great room and Dining room with specialty ledges give the home great character. Large eat-in kitchen with generous amount of cabinets and counter space and a custom work area. Back deck overlooks the preserve. Two bedrooms, two full baths and a den makes great living space. Master bath with double closet, tub and separate shower. Two car attached garage.

Last Agent to Sell the Property

Lora Lausch

Coldwell Banker Real Estate Group License #471001431 Listed on: 10/31/2014

Coldwell Banker Real Estate Group

Last Buyer's Agent

Judith Archer

RE/MAX Ultimate Professionals License #471002546

RE/MAX Ultimate Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,420

Year Built

  • Built in 2003

Lot Details

  • 0.6

HOA Fees

  • $179 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near a forest

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include lawn care, snow removal
  • 4 Units
  • Staff Association, Phone Number (815) 744-6822
  • Preserve On The Rock Run Subdivision
  • Property managed by AMG

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,420

Year Built

Built in 2003

Lot Details

0

HOA Fees

$179 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Preserve on the Rock Run
  • Year Built: 2003
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit
  • LivingArea: 1700
  • Room Type: Den
  • Stories Total: 1
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 149900
  • Lot Features: Forest Preserve Adjacent
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 179
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: AMG
  • Management Contact Name: Staff
  • Management Phone: 815-744-6822
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 30

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 4420
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Oct 23, 2015
Sold by
Moloney Karen
Bought by
Elberts Loretta Y
Seller's Agent
Lora Lausch
Coldwell Banker Real Estate Group
Buyer's Agent
Judith Archer
RE/MAX Ultimate Professionals
List Price
$164,900
Sold Price
$145,000
Premium/Discount to List
-$19,900
-12.07%
Current Estimated Value
$286,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,492
Avg. Annual Appreciation
7.09%
Original Mortgage
$116,000
Outstanding Balance
$92,398
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$194,094

Purchase Details

Closed on
Oct 28, 2003
Sold by
Harris Bank Joliet Na
Bought by
Moloney Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,150
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Elberts Loretta Y $145,000 Attorney
Moloney Karen $157,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elberts Loretta Y $116,000
Previous Owner Moloney Karen $141,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $145,000 -3.3% $85 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
06/05/2015 06/05/15 Price Changed $149,900 -6.3% $88 / Sq Ft
04/10/2015 04/10/15 Price Changed $159,900 -3.0% $94 / Sq Ft
10/31/2014 10/31/14 For Sale $164,900 -- $97 / 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 $5,901 $83,217 $14,793 $68,424
2023 $5,901 $74,768 $13,291 $61,477
2022 $5,386 $74,136 $12,577 $61,559
2021 $5,923 $69,743 $11,832 $57,911
2020 $5,931 $69,743 $11,832 $57,911
2019 $5,749 $66,900 $11,350 $55,550
2018 $5,399 $61,500 $11,350 $50,150
2017 $4,914 $55,550 $11,350 $44,200
2016 $4,741 $52,100 $11,350 $40,750
2015 $4,212 $49,418 $10,118 $39,300
2014 $4,212 $47,833 $10,118 $37,715
2013 $4,212 $47,833 $10,118 $37,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08766308

Midwest Real Estate Data (MRED)

APN: 05-06-01-102-065-1003