NOT LISTED FOR SALE

298 N Division St Braidwood, IL 60408

Estimated Value: $271,960 - $314,000

0.77 Acre
$373,688 Price per Acre
33,541 Sq Ft Lot

Last Sold May 26, 2020

Last sale price $27,500

Est. 946% increase in value since last sale

Current estimated payment $1,928/month

83 Days on Market

About This Lot

As of May 2020

Enjoy this great size corner lot, ready to build your dream home on! Water and sewer hook ups already to the lot! Priced to sell! Easy access to I55 expressway. Current tax amount reflects when the home was present. Taxes have been appealed since its now vacant land, reduced accessed value over 70%. New tax amount will be significantly lower on next year's tax bill.

Last Agent to Sell the Property

Robert Findlay

Findlay Real Estate Group Inc License #471019089 Listed on: 02/05/2020

Co-Listed By

Valerie Findlay

Findlay Real Estate Group Inc License #475168571

Last Buyer's Agent

Robert Findlay

Findlay Real Estate Group Inc License #471019089 Listed on: 02/05/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,825

Lot Details

Listing and Financial Details

  • Senior Freeze Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$4,825

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric Nearby, Sanitary Sewer to Site, Water to Site
  • Zoning Type: SINGL
  • Tax Exemptions: Senior Freeze
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .50-.99 Acre
  • Acreage: 0.77
  • Frontage Access: City Street
  • Front Footage: 148

Schools

  • School District: 255U
  • Middle School: Reed-Custer Middle School
  • Junior High Dist: 255U

Lot Info

  • Lot Dimensions: 148X231
  • Parcel Identification Number: 0224072070080000

Tax Info

  • Taxes: 519.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
May 13, 2020
Sold by
Faletti Jay and Faletti Patricia
Bought by
Peterson Mark and Peterson Katherine
Seller's Agent
Robert Findlay
Findlay Real Estate Group Inc
Buyer's Agent
Robert Findlay
Findlay Real Estate Group Inc
List Price
$29,900
Sold Price
$27,500
Premium/Discount to List
-$2,400
-8.03%
Current Estimated Value
$287,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,240
Avg. Annual Appreciation
54.71%

Purchase Details

Listed on
Oct 2, 2015
Closed on
Jun 6, 2016
Sold by
Faletti Joseph and Faletti Bernard
Bought by
Faletti Jay and Faletti Patricia
Seller's Agent
Dawn Fox
Pro Real Estate
Buyer's Agent
Kelly Kavanaugh
Pro Real Estate
List Price
$749,900
Sold Price
$42,000
Premium/Discount to List
-$707,900
-94.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.17%
Original Mortgage
$31,500
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Peterson Mark $27,500 Chicago Title
Faletti Jay $42,000 Fldelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faletti Jay $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2020 05/26/20 Sold $27,500 -8.0% --
04/28/2020 04/28/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $29,900 -28.8% --
06/15/2016 06/15/16 Sold $42,000 -39.9% -- View Prior Sale
03/16/2016 03/16/16 Pending -- -- --
02/10/2016 02/10/16 Price Changed $69,900 -90.7% --
10/02/2015 10/02/15 For Sale $749,900 -- --
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 $4,825 $88,188 $14,195 $73,993
2023 $4,825 $78,986 $12,714 $66,272
2022 $4,178 $71,675 $11,537 $60,138
2021 $4,024 $11,012 $11,012 $0
2020 $513 $10,433 $10,433 $0
2019 $515 $9,852 $9,852 $0
2018 $519 $9,428 $9,428 $0
2017 $1,906 $32,586 $9,243 $23,343
2016 $1,488 $31,514 $8,939 $22,575
2015 $669 $30,700 $8,708 $21,992
2014 $669 $30,700 $8,708 $21,992
2013 $669 $32,834 $9,313 $23,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10628855

Midwest Real Estate Data (MRED)

APN: 02-24-07-207-008