NOT LISTED FOR SALE

3300 Wallace Ave Steger, IL 60475

Estimated Value: $123,000 - $177,000

3 Beds
1 Bath
922 Sq Ft
$157/Sq Ft Est. Value

Last Sold January 29, 2020

Last sale price $39,900 $43 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,008/month

63 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Family Room
  • Living Room
  • Dining Room

About This Home

As of January 2020

Situated on a large corner lot, this classic Chicago style bungalow offers nothing but upside to the buyer with vision. The property is an octagon style which provides for a large living room with tons of windows that provide natural light throughout the home, there is a large formal dining room which flows into the kitchen. The home has two bedrooms on the main level along with an additional bedroom on the 2nd level which can be dormered and create a dream master suite. The potential to turn this home around is here, just needs your vision! The location is ideal, close to public transportation, highway and restaurants. You do not want to miss out on this home as it will not be around for long!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 11/05/2019

RE/MAX Premier

Last Buyer's Agent

Kenneth Hoffman

Hoffman Realtors LLC License #471021471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1931

Lot Details

  • 3,751 Sq Ft Lot
  • Lot Dimensions are 30x125

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,908

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1931
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0861
  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1908.01
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Jan 20, 2020
Sold by
F Reo Llc
Bought by
Duffin Properties Llc
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Kenneth Hoffman
Hoffman Realtors LLC
List Price
$54,750
Sold Price
$39,900
Premium/Discount to List
-$14,850
-27.12%
Current Estimated Value
$144,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,843
Avg. Annual Appreciation
24.27%

Purchase Details

Closed on
Apr 9, 2019
Sold by
Miller Dianne
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Nov 7, 2008
Sold by
Livi Eilers Daniel T
Bought by
Miller Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2006
Sold by
Eilers Donald F
Bought by
Eilers Donald F and The Donald F Eilers Revocable Living Tr

Purchase Details

Closed on
May 5, 1998
Sold by
Pacelli Maria
Bought by
Eilers Donald F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duffin Properties Llc $39,900 Attorney
Bungalow Series F Reo Llc -- Attorney
Federal National Mortgage Association -- Attorney
Miller Dianne $117,000 Pntn
Eilers Donald F -- None Available
Eilers Donald F $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Dianne $87,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2020 01/29/20 Sold $39,900 -11.2% $43 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
12/11/2019 12/11/19 Price Changed $44,950 -17.9% $49 / Sq Ft
11/05/2019 11/05/19 For Sale $54,750 -- $59 / 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
2025 $3,024 $9,132 $1,313 $7,819
2024 $3,024 $9,132 $1,313 $7,819
2023 $2,479 $9,132 $1,313 $7,819
2022 $2,479 $6,122 $1,125 $4,997
2021 $2,316 $6,121 $1,125 $4,996
2020 $1,119 $6,121 $1,125 $4,996
2019 $1,930 $8,773 $1,031 $7,742
2018 $1,863 $8,773 $1,031 $7,742
2017 $1,908 $8,773 $1,031 $7,742
2016 $2,230 $8,727 $937 $7,790
2015 $2,175 $8,727 $937 $7,790
2014 $2,190 $8,727 $937 $7,790
2013 $1,939 $8,600 $937 $7,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10567132

Midwest Real Estate Data (MRED)

APN: 32-33-326-018-0000