NOT LISTED FOR SALE

327 Wallace Ave Machesney Park, IL 61115

Estimated Value: $116,000 - $145,000

2 Beds
1 Bath
995 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $105,000 $106 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $833/month

4 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Gas Fireplace
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

Discover comfort and charm in the heart of Machesney Park with this 2-bed, 1-bath home. Perfectly located, the house features a gas-burning fireplace for a cozy Christmas morning, hardwood floors, walk in master closet, and a fenced yard. Enjoy the convenience of first-floor laundry in a dedicated mudroom, and a detached 1.5-car garage. Embrace the outdoors in a 3-season porch, making this residence an ideal retreat for both convenience and character. Schedule a viewing to make this charming house your home.

Last Agent to Sell the Property

Kendra Monroe

Keller Williams Realty Signature License #475178361 Listed on: 11/17/2023

Keller Williams Realty Signature

Last Buyer's Agent

Muhammad Atif

Keller Williams Realty Signature License #475208388

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,678

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Shingle Roof
  • Siding

Interior Spaces

  • 995 Sq Ft Home
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Stove
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1.5 Car Garage
  • Driveway

Outdoor Features

  • Porch

Schools

  • Marquette Elementary School
  • Harlem Jr Middle School
  • Harlem High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,678

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Interior Amenities: 937
  • Road Frontage: Other
  • Type: None
  • Electric: Circuit Breaker
  • Additional Room 5: Sunroom, Dimensions: 11.4x10, On Level: Main
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Exemptions: Owner
  • Front: 60
  • General Features: Laundry 1st Floor, Main Floor Master, Porch 3 Season, Fenced Yard
  • Grid: 44
  • Legal Description: NYQUISTS SUB PT LTS 1-2-3+ 4 RIVER VIEW ADD IN SECS 36-45-1 + 31-45-2 LOT 010
  • Lot Acreage: 0.26
  • Lvt Date: 11/17/2023
  • Number of Main Level Full Bathrooms: 1
  • Rear: 60
  • Side 1: 187.08
  • Side 2: 187.08
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 110291
  • Elementary School: Marquette Elementary
  • Estimated Total Finished Sq Ft: 995
  • Garage Type Driveway: Detached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Discover comfort and charm in the heart of Machesney Park with this 2-bed, 1-bath home. Perfectly located, the house features a gas-burning fireplace for a cozy Christmas morning, hardwood floors, walk in master closet, and a fenced yard. Enjoy the convenience of first-floor laundry in a dedicated mudroom, and a detached 1.5-car garage. Embrace the outdoors in a 3-season porch, making this residence an ideal retreat for both convenience and character. Schedule a viewing to make this charming house your home.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 995
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Crawl Space
  • Master Bedroom: Dimensions: 11.4x11, On Level: Main
  • Fireplace Type: Gas
  • Bedroom 2: Dimensions: 13.2x11.3, On Level: Main
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 11.5x11.4, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 11.3x11
  • Price Per Sq Ft: 105.53
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 1.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Schools

  • School District: Harlem 122
  • Elementary School: Marquette Elementary
  • Middle School: Harlem Jr
  • High School: Harlem High School

Building Info

  • Year Built: 1957

Tax Info

  • Year: 2022
  • Taxes: 1678

MLS Schools

  • HighSchool: Harlem High School
  • School District: Harlem 122
  • Middle School: Harlem Jr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Jan 2, 2024
Sold by
Cimarrusti Jessica
Bought by
Pierce Wyatt Joshua
Seller's Agent
Kendra Monroe
Keller Williams Realty Signature
Buyer's Agent
Muhammad Atif
Keller Williams Realty Signature
List Price
$105,000
Sold Price
$105,000
Views
101
Current Estimated Value
$129,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,113
Avg. Annual Appreciation
12.39%
Original Mortgage
$94,500
Outstanding Balance
$92,744
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$36,369

Purchase Details

Listed on
Nov 17, 2023
Closed on
Dec 29, 2023
Sold by
Cimarrusti Jessica
Bought by
Pierce Wyatt Joshua
Seller's Agent
Kendra Monroe
Keller Williams Realty Signature
Buyer's Agent
Muhammad Atif
Keller Williams Realty Signature
List Price
$105,000
Sold Price
$105,000
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Outstanding Balance
$92,744
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$36,369

Purchase Details

Listed on
Dec 15, 2014
Closed on
May 13, 2015
Sold by
Joann Hawes
Bought by
Cimarrusti Jessica L
Seller's Agent
Mary Shreve
Gambino Realtors
Buyer's Agent
Anne Gray
DICKERSON & NIEMAN
List Price
$57,500
Sold Price
$50,100
Premium/Discount to List
-$7,400
-12.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$39,100
Interest Rate
4.25%
Mortgage Type
New Conventional
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
Pierce Wyatt Joshua $105,000 None Listed On Document
Pierce Wyatt Joshua $105,000 None Listed On Document
Cimarrusti Jessica L $50,100 Lakeshore Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Wyatt Joshua $94,500
Closed Pierce Wyatt Joshua $94,500
Previous Owner Cimarrusti Jessica L $39,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2024 01/02/24 Sold $105,000 0.0% $106 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $105,000 +109.6% $106 / Sq Ft
05/13/2015 05/13/15 Sold $50,100 -12.9% $50 / Sq Ft View Prior Sale
04/12/2015 04/12/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $57,500 -- $58 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $1,866 $29,434 $4,981 $24,453
2023 $1,738 $26,141 $4,424 $21,717
2022 $1,678 $23,843 $4,035 $19,808
2021 $1,526 $22,176 $3,753 $18,423
2020 $1,383 $21,124 $3,575 $17,549
2019 $1,405 $20,233 $3,424 $16,809
2018 $1,689 $19,570 $3,312 $16,258
2017 $1,448 $19,033 $3,221 $15,812
2016 $1,416 $18,654 $3,157 $15,497
2015 $1,892 $16,700 $3,102 $13,598
2014 -- $18,328 $3,102 $15,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202306757

NorthWest Illinois Alliance of REALTORS®

APN: 08-31-152-010