NOT LISTED FOR SALE

307 Hobbs Ave Unit AVE313 Joliet, IL 60433

Southeast Joliet Neighborhood

Estimated Value: $273,000 - $340,738

8 Beds
4 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold January 31, 2023

Last sale price $264,900

Est. 19% increase in value since last sale

Current estimated payment $2,397/month

10 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Paved or Partially Paved Lot

About This Home

As of January 2023

2-unit full rented money maker for sale! 4 bedrooms, 3 upstairs and 1 one the main and 2 full bathrooms on each side- these are BIG units. All brick building with attached garage and additional parking. Extra lot included in the sale for possible future development. Walking distance to schools and easy access to the highway and shopping. 4 new bathrooms, new sub floor and flooring throughout, new plumbing and insulation, and new windows. Be your own boss, schedule your showing today!

Last Listed By

Teddy Dow

Coldwell Banker Real Estate Group License #475158436 Listed on: 12/17/2022

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,579

Year Built

  • Built in 1925 | Remodeled in 2019

Lot Details

  • Lot Dimensions are 56x79x79x66
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Driveway
  • Visitor Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Unassigned Parking

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Joliet Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,579

Year Built

Built in 1925 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 264900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned, Off Street, Visitor Parking, Driveway
  • ParkingTotal: 2
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • High School: Joliet Central High School
  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 56X79X79X66
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 7578.58
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Jan 26, 2023
Sold by
Waesco Sean
Bought by
Carn David A and Carn Brooke V
Seller's Agent
Teddy Dow
Coldwell Banker Real Estate Group
Buyer's Agent
Ken Carn
Digital Realty
List Price
$264,900
Sold Price
$264,900
Total Days on Market
10
Views
219
Current Estimated Value
$314,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,285
Avg. Annual Appreciation
7.63%
Original Mortgage
$198,675
Outstanding Balance
$193,728
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$120,457

Purchase Details

Closed on
May 15, 2017
Sold by
Ramirez Jose G and De La Torriente Asuncion
Bought by
Waesco Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2014
Sold by
Ramirez Jose G and De La Torriente Asuncion
Bought by
Perez Guillermina

Purchase Details

Closed on
Apr 27, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Ramirez Jose G and Dela Torriente Asuncion

Purchase Details

Closed on
Nov 10, 2009
Sold by
Taylor Bryant and Taylor Jennifer L
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jul 22, 2009
Sold by
Taylor Bryant and Taylor Jennifer L
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jul 18, 2006
Sold by
Taylor Jennifer L
Bought by
Taylor Bryant and Taylor Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Minor Isaiah
Bought by
Taylor Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 7, 1994
Sold by
Mares Gerald E and Mares Dolores K
Bought by
Minor Isaiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000
Interest Rate
8.58%

Range of Values:

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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
Carn David A $264,900 Fidelity National Title Insura
Waesco Sean $165,000 Attorney
Perez Guillermina -- None Available
Ramirez Jose G $60,000 First American Title
Hsbc Bank Usa National Association -- None Available
Hsbc Bank Usa National Association $70,500 None Available
Taylor Bryant -- Counselors Title Co Llc
Taylor Jennifer L $200,000 First American Title
Minor Isaiah $68,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carn David A $198,675
Previous Owner Waesco Sean $123,750
Previous Owner Taylor Bryant $198,000
Previous Owner Taylor Jennifer L $180,000
Previous Owner Minor Isaiah $7,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $264,900 0.0% --
12/28/2022 12/28/22 Pending -- -- --
12/17/2022 12/17/22 For Sale $264,900 -- --
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
2023 $7,651 $88,273 $6,778 $81,495
2022 $7,374 $79,849 $6,131 $73,718
2021 $7,009 $74,576 $5,726 $68,850
2020 $6,650 $70,823 $5,438 $65,385
2019 $6,325 $65,821 $5,054 $60,767
2018 $6,060 $60,821 $4,670 $56,151
2017 $5,712 $55,297 $4,246 $51,051
2016 $5,473 $50,926 $3,893 $47,033
2015 -- $47,750 $3,650 $44,100
2014 -- $47,550 $3,650 $43,900
2013 -- $50,255 $4,028 $46,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11689284

Midwest Real Estate Data (MRED)

APN: 30-07-15-234-012