$127,500
SOLD SEP 18, 2015

3438 Lake St Lansing, IL 60438

4 Beds
2 Baths
1,412 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

6% Below List Price

186 Days on Market

About This Home

As of September 2015

SPACIOUS 2 STORY HOME THAT FEATURES 4 BEDROOMS, 2 BATH, FORMAL DINING ROOM, FULL BASEMENT AND NICE SIZE BACK YARD. HOME IS CURRENTLY UNDER CONSTRUCTION FOR TOTAL REDEVELOPMENT.

Last Agent to Sell the Property

John Gutman

Vylla Home Listed on: 01/08/2015

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,806

Year Built

  • 1904

Home Design

  • Aluminum Siding

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,806

Year Built

1904

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1904
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1904

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X12, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Dimensions: 12X13, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 10X9, On Level: Main Level
  • Bedroom 3: Dimensions: 10X14, On Level: 2nd Level
  • Bedroom 4: Dimensions: 10X12, On Level: Basement
  • Estimated Sq Ft: 1412

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Acreage: 0.1645

Utilities

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

Schools

  • School District: 215
  • Junior High Dist: 158

Lot Info

  • Lot Dimensions: 50X125
  • Parcel Identification Number: 30321220370000

Tax Info

  • Taxes: 3665

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2015
Closed on
Sep 18, 2015
Sold by
Mack Industries Ltd
Bought by
Morton Eric
Seller's Agent
John Gutman
Vylla Home
Buyer's Agent
Non Member
NON MEMBER
List Price
$135,000
Sold Price
$127,500
Premium/Discount to List
-$7,500
-5.56%
Current Estimated Value
$186,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,537
Avg. Annual Appreciation
3.76%
Original Mortgage
$102,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2015
Sold by
Mack Industries V Llc
Bought by
Mack Industries Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 15, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Mack Industries V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 7, 2014
Closed on
Dec 4, 2014
Sold by
The Bank Of New York Mellon
Bought by
Mack Industries Ii Llc
Seller's Agent
Jeff Mrozek
Crosstown Realtors, Inc.
Buyer's Agent
Jeff Mrozek
Crosstown Realtors, Inc.
List Price
$49,500
Sold Price
$35,000
Premium/Discount to List
-$14,500
-29.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%

Purchase Details

Closed on
Jun 19, 2014
Sold by
Iacullo Charlene
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 31, 2007
Sold by
Whitney Joseph Alexander and Whitney Kimberly
Bought by
Iacullo Richard and Iacullo Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
8.37%
Mortgage Type
Negative Amortization
Source: Public Records

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Range of Values:

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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 $127,500 Mgr
Quit Claim Deed -- Git
Deed -- Chicago Title Land Trust Co
Special Warranty Deed $35,000 Ct
Sheriffs Deed -- Ct
Warranty Deed $92,000 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,600 New Conventional
Closed $102,000 New Conventional
Previous Owner $6,000,000 Credit Line Revolving
Previous Owner $90,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $8,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $82,800 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $127,500 -5.6% $90 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $135,000 0.0% $96 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $135,000 +285.7% $96 / Sq Ft
12/30/2014 12/30/14 Sold $35,000 -11.4% $38 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
11/21/2014 11/21/14 Price Changed $39,500 -11.2% $43 / Sq Ft
10/27/2014 10/27/14 Price Changed $44,500 -10.1% $49 / Sq Ft
10/16/2014 10/16/14 For Sale $49,500 0.0% $54 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $49,500 0.0% $54 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $49,500 -- $54 / 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 $5,806 $12,000 $3,046 $8,954
2023 $6,030 $12,000 $3,046 $8,954
2022 $6,030 $9,279 $2,688 $6,591
2021 $5,865 $9,278 $2,687 $6,591
2020 $5,443 $9,278 $2,687 $6,591
2019 $4,500 $7,904 $2,508 $5,396
2018 $4,417 $7,904 $2,508 $5,396
2017 $4,460 $7,904 $2,508 $5,396
2016 $3,791 $6,933 $2,329 $4,604
2015 $3,522 $6,933 $2,329 $4,604
2014 $3,474 $6,933 $2,329 $4,604
2013 -- $8,140 $2,329 $5,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08812436

Midwest Real Estate Data (MRED)

APN: 30-32-122-037-0000