NOT LISTED FOR SALE

303 Somonauk St Park Forest, IL 60466

Estimated Value: $116,000 - $156,464

3 Beds
1 Bath
1,092 Sq Ft
$134/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $28,700 $26 Per Sq Ft

Est. 408% increase in value since last sale

Current estimated payment $941/month

94 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 4-minute walk to Somanauk park
  • Breakfast Bar

About This Home

As of February 2016

Great House for the price. Great Layout with the Laundry Room located off the Kitchen, lots of cabinet space. Large Bathroom with whirlpool tub. Peaceful Neighborhood, with large bay window providing lots of sunlight. Great for Investment Opportunity. Bank owned

Last Agent to Sell the Property

Stephen Stanwick

Arrow Enterprises INC License #475112584 Listed on: 10/13/2015

Co-Listed By

Carol Treace

Arrow Enterprises INC License #471003583

Last Buyer's Agent

Taylor Sykes

Taylor D. Sykes Realty License #471003727

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,784

Year Built

  • 1955

Lot Details

  • 9,583

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Breakfast Bar

Parking

  • Parking Available
  • Driveway
  • Parking Space is Owned

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,784

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X12, On Level: Main Level
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X9, On Level: Main Level
  • Kitchen Type: Dimensions: 18X13, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level
  • Bedroom 3: Dimensions: 13X10, On Level: Main Level
  • Estimated Sq Ft: 1092
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Acreage: 0.2298

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • School District: 227
  • Junior High Dist: 163

Lot Info

  • Lot Dimensions: 78X115X72
  • Parcel Identification Number: 31354190170000

Tax Info

  • Taxes: 6235.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2015
Closed on
Feb 12, 2016
Sold by
Marquette Bank
Bought by
First Mid West Bank and Trust #9232
Seller's Agent
Stephen Stanwick
Arrow Enterprises INC
Buyer's Agent
Taylor Sykes
Taylor D. Sykes Realty
List Price
$36,900
Sold Price
$28,700
Premium/Discount to List
-$8,200
-22.22%
Current Estimated Value
$145,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,166
Avg. Annual Appreciation
17.70%

Purchase Details

Closed on
May 22, 2015
Sold by
Waters James
Bought by
Marquette Bank

Purchase Details

Closed on
Aug 15, 2005
Sold by
Flanagan John
Bought by
Waters James and Waters Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,110
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 3, 2004
Sold by
Flanagan Beverly
Bought by
Flanagan John

Purchase Details

Closed on
Oct 4, 2001
Sold by
Wilkins Michael V
Bought by
Hud

Purchase Details

Closed on
Dec 2, 1994
Sold by
Stevens Mark and Stevens Regina M
Bought by
Wilkins Michael V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
9.06%
Mortgage Type
FHA
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
First Mid West Bank $29,000 Attorney
Marquette Bank -- Attorney
Waters James $108,000 Pntn
Flanagan John -- --
Hud -- --
Wilkins Michael V $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waters James $97,110
Previous Owner Wilkins Michael V $74,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $28,700 -22.2% $26 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $36,900 0.0% $34 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $36,900 -- $34 / 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 $8,784 $12,000 $3,503 $8,497
2023 $7,562 $12,000 $3,503 $8,497
2022 $7,562 $5,626 $3,253 $2,373
2021 $7,421 $5,624 $3,252 $2,372
2020 $6,766 $5,624 $3,252 $2,372
2019 $6,706 $6,161 $3,002 $3,159
2018 $6,463 $6,161 $3,002 $3,159
2017 $6,423 $6,161 $3,002 $3,159
2016 $5,461 $5,493 $2,752 $2,741
2015 $5,634 $5,799 $2,752 $3,047
2014 $6,235 $6,612 $2,752 $3,860
2013 -- $6,899 $2,752 $4,147
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09063755

Midwest Real Estate Data (MRED)

APN: 31-35-419-017-0000