NOT LISTED FOR SALE

3011 Covered Bridge Way Unit 394 Joliet, IL 60435

Southwest Joliet Neighborhood

Estimated Value: $284,000 - $317,000

2 Beds
3 Baths
1,711 Sq Ft
$187/mo HOA Fee

Last Sold July 27, 2015

Last sale price $121,000 $71 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,279/month

65 Days on Market

Highlights

  • Attached Garage
  • Troy Craughwell Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2015

REO - BANK OWNED.PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. "SELLER WILL NOT ACTIVATE ANY UTILTIES" Listing Broker & Seller assume no responsibility & make no guarantees/warranties or representations as to the availability or accuracy of the property information, photographs or other information depicted/described herein.. CASH & CONVENTIONAL OFFERS

Last Agent to Sell the Property

Tim Litchford

Owners.com Listed on: 04/08/2015

Last Buyer's Agent

John Zentmyer

HomeSmart Realty Group License #475141828

HomeSmart Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,207

Year Built

  • 2003

Lot Details

  • 0.87

HOA Fees

  • $187 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,207

Year Built

2003

Lot Details

0

HOA Fees

$187 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2003
  • Type Attached: Townhouse-2 Story
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X17, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X17, On Level: 2nd Level
  • Bedroom 2: Dimensions: 14X15, On Level: 2nd Level
  • Estimated Sq Ft: 1711
  • Family Room: Dimensions: 15X17, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Special Assessments: U
  • Assessment Association Fees: 187
  • Management Contact Name: The Preserves Townhome
  • Management Phone: 815-725-4189X1111

Fee Information

  • Management Company: The Preserves Townhome Association

Schools

  • School District: 204
  • Junior High Dist: 30C

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 01102069100400

Multi Family

  • Total Number Unitsin Building: 2
  • Number Stories: 2

Tax Info

  • Taxes: 4881.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2016
Sold by
D Oxley Construction Inc
Bought by
Kohlmann Richard H
Current Estimated Value
$295,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Outstanding Balance
$122,031
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$173,875

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jun 25, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
D Oxley Construction Inc
Seller's Agent
Tim Litchford
Owners.com
Buyer's Agent
John Zentmyer
HomeSmart Realty Group
List Price
$153,700
Sold Price
$121,000
Premium/Discount to List
-$32,700
-21.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%

Purchase Details

Closed on
Feb 27, 2015
Sold by
Neely Kathleen and Case #13 Ch 00195
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 22, 2015
Sold by
Neely Kathleen
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 21, 2003
Sold by
Harris Bank Joliet Na
Bought by
Neely Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,950
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
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
Kohlmann Richard H $186,000 First American Title
D Oxley Construction Inc $121,000 Attorney
Deutsche Bank National Trust Company -- None Available
Deutsche Bank National Trust Company $153,000 None Available
Neely Kathleen $187,000 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohlmann Richard H $148,800
Previous Owner Neely Kathleen $126,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2015 07/27/15 Sold $121,000 -15.8% $71 / Sq Ft
06/22/2015 06/22/15 Price Changed $143,700 +7.5% $84 / Sq Ft
06/15/2015 06/15/15 Price Changed $133,700 +10.5% $78 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
04/08/2015 04/08/15 Off Market $121,000 -- --
04/08/2015 04/08/15 For Sale $153,700 -- $90 / 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 $6,207 $78,698 $14,793 $63,905
2023 $6,207 $70,708 $13,291 $57,417
2022 $6,175 $72,529 $12,577 $59,952
2021 $5,783 $68,231 $11,832 $56,399
2020 $5,790 $68,231 $11,832 $56,399
2019 $5,612 $65,450 $11,350 $54,100
2018 $5,695 $64,550 $11,350 $53,200
2017 $5,544 $61,900 $11,350 $50,550
2016 $5,965 $58,000 $11,350 $46,650
2015 $5,123 $55,768 $10,118 $45,650
2014 $5,123 $54,483 $10,118 $44,365
2013 $5,123 $54,483 $10,118 $44,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08884114

Midwest Real Estate Data (MRED)

APN: 05-06-01-102-069-1004