NOT LISTED FOR SALE

3501 Wallace Ave Steger, IL 60475

Estimated Value: $152,000 - $193,000

2 Beds
1 Bath
1,723 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $92,500 $54 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,172/month

6 Days on Market

Highlights

  • Mud Room
  • Forced Air Heating and Cooling System
  • 4-minute walk to Veterans Memorial Park
  • Detached Garage
  • East or West Exposure

About This Home

As of July 2020

Super clean ranch situated on a HUGE corner lot with additional fenced side lot! Fresh and clean this one is ready to go! Exterior painted in 2020. Newer windows. Updated HVAC and water heater! Solid wood trim and raised panel doors. Rear entry mud room. Full basement. Covered front porch. Newer garage with 220 electric!

Last Agent to Sell the Property

Bud Caruso

Coldwell Banker Realty License #471021558 Listed on: 05/26/2020

Coldwell Banker Realty

Last Buyer's Agent

Marie Desmet

Coldwell Banker Real Estate Group License #475140441

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • 1919

Lot Details

  • East or West Exposure

Parking

  • Detached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Frame Construction

Interior Spaces

  • Mud Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,775 Seller Concession

Home Details

Home Type

Single Family

Year Built

1919

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1919
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1919

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 18X10, On Level: Main Level
  • Additional Rooms: Mud Room
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level
  • Additional Room 1 Name: Mud, Dimensions: 9X7, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level
  • Estimated Sq Ft: 1723

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 194

Lot Info

  • Lot Dimensions: 120X125
  • Parcel Identification Number: 3150410900100000

Tax Info

  • Taxes: 2496.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 15, 2020
Sold by
Gaul Rayond A
Bought by
Fanello Craig
Seller's Agent
Bud Caruso
Coldwell Banker Realty
Buyer's Agent
Marie Desmet
Coldwell Banker Real Estate Group
List Price
$97,500
Sold Price
$92,500
Premium/Discount to List
-$5,000
-5.13%
Current Estimated Value
$173,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,866
Avg. Annual Appreciation
12.19%
Original Mortgage
$89,725
Outstanding Balance
$79,262
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$94,104

Purchase Details

Closed on
May 26, 1995
Sold by
Meyer Bret A and Meyer Sandra L
Bought by
Gaul Raymond A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,625
Interest Rate
8.26%

Purchase Details

Closed on
Nov 15, 1993
Sold by
Meyer Bret A
Bought by
Meyer Bret A and Meyer Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,400
Interest Rate
7.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fanello Craig $92,500 Old Republic National Title
Gaul Raymond A $63,500 Title One
Meyer Bret A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanello Craig $89,725
Previous Owner Gaul Raymond A $47,625
Previous Owner Meyer Bret A $45,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $92,500 -5.1% $54 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $97,500 -- $57 / 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 $3,160 $38,547 $5,093 $33,454
2023 $3,160 $34,420 $4,548 $29,872
2022 $2,798 $30,590 $4,042 $26,548
2021 $2,590 $28,008 $3,701 $24,307
2020 $2,469 $26,250 $3,469 $22,781
2019 $2,313 $24,671 $3,260 $21,411
2018 $2,218 $24,140 $3,190 $20,950
2017 $2,134 $22,239 $2,939 $19,300
2016 $2,242 $22,095 $2,920 $19,175
2015 $2,334 $23,002 $2,842 $20,160
2014 $2,334 $23,235 $2,871 $20,364
2013 $2,334 $24,348 $3,009 $21,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10724739

Midwest Real Estate Data (MRED)

APN: 23-15-04-109-001