$32,874
SOLD MAY 21, 2012

314 Sherman Ave Montgomery, IL 60538

3 Beds
1 Bath
1,149 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

16% Below List Price

18 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Family Room
  • 1-Story Property

About This Home

As of October 2012

Own your own home for a great price with some sweat equity. This 3 BR ranch is also a great investment opportunity at this price. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Larry Shakman

Labra Group Listed on: 04/02/2012

Last Buyer's Agent

Martha Arciga

Labra Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 15x140

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 1,149 Sq Ft Home
  • 1-Story Property
  • Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1954
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1149
  • Room Type: No additional rooms
  • Basement Description: None
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 39140
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 131

Lot Info

  • Lot Dimensions: 15X140
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 2883.52
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2012
Closed on
Sep 24, 2012
Sold by
Albor Jose H and Albor Jaime
Bought by
Ramos Rosa E
Seller's Agent
Martha Arciga
Labra Group
Buyer's Agent
Hector Labra
REMAX Town & Country
List Price
$94,900
Sold Price
$94,000
Premium/Discount to List
-$900
-0.95%
Current Estimated Value
$235,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,425
Avg. Annual Appreciation
7.09%
Original Mortgage
$92,297
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 2, 2012
Closed on
Apr 30, 2012
Sold by
Fannie Mae
Bought by
Albor Jose H and Albor Jaime
Seller's Agent
Larry Shakman
Labra Group
Buyer's Agent
Martha Arciga
Labra Group
List Price
$39,140
Sold Price
$32,874
Premium/Discount to List
-$6,266
-16.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1196.78%

Purchase Details

Closed on
Jan 23, 2012
Sold by
Stitts Willie B and Stitts Patricia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 29, 1994
Sold by
Otto Arnold E and Otto Ellen F
Bought by
Stitts Willie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
8.41%
Mortgage Type
FHA
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $94,000 Chicago Title Insurance Comp
Corporate Deed $33,000 Atg
Sheriffs Deed -- None Available
Warranty Deed $73,000 Law Title Ins Co
Warranty Deed $48,666 Law Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,600 New Conventional
Previous Owner $92,297 FHA
Previous Owner $90,000 Fannie Mae Freddie Mac
Previous Owner $72,750 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2012 10/16/12 Sold $94,000 -0.9% $82 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $94,900 +188.7% $83 / Sq Ft
05/21/2012 05/21/12 Sold $32,874 -16.0% $29 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $39,140 -- $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 $3,347 $60,520 $10,500 $50,020
2023 $3,039 $54,075 $9,382 $44,693
2022 $2,748 $47,074 $8,560 $38,514
2021 $2,694 $43,826 $7,969 $35,857
2020 $2,546 $40,708 $7,402 $33,306
2019 $2,496 $37,717 $6,858 $30,859
2018 $2,363 $34,668 $6,344 $28,324
2017 $2,204 $30,582 $5,845 $24,737
2016 $2,109 $27,708 $5,894 $21,814
2015 -- $24,591 $5,068 $19,523
2014 -- $23,434 $4,658 $18,776
2013 -- $23,454 $4,945 $18,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08032190

Midwest Real Estate Data (MRED)

APN: 15-34-155-019