NOT LISTED FOR SALE

3514 Wallace Ave Steger, IL 60475

Estimated Value: $166,386 - $250,000

3 Beds
1 Bath
2,900 Sq Ft
$69/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $29,304 $10 Per Sq Ft

Est. 566% increase in value since last sale

Current estimated payment $1,436/month

105 Days on Market

Highlights

  • Living Room
  • Dining Room
  • 3-minute walk to Veterans Memorial Park
  • 1-Story Property
  • Family Room

About This Home

As of September 2014

REO - BANK OWNED.PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. "SELLER WILL NOT ACTIVATE ANY UTILTIES" Listing Broker & Seller assume no responsibility & make no guarantees/warranties or representations as to the availability or accuracy of the property information, photographs or other information depicted/described herein.. CASH & CONVENTIONAL OFFERS

Last Agent to Sell the Property

Tim Litchford

Owners.com Listed on: 03/17/2014

Last Buyer's Agent

Lisa Pascarella

Re/Max 10 License #475127865

Re/Max 10

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,534

Home Design

  • Frame Construction

Interior Spaces

  • 2,900 Sq Ft Home
  • 1-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

Additional Features

  • 6,534 Sq Ft Lot
  • No Cooling

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

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: 1940
  • Age: 71-80 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: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 2900
  • Room Type: No additional rooms
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Other
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 6500
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4650.16
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
Aug 21, 2014
Sold by
U S Bank National Association
Bought by
Rotondi Ryan
Seller's Agent
Tim Litchford
Owners.com
Buyer's Agent
Lisa Pascarella
Re/Max 10
List Price
$40,000
Sold Price
$29,304
Premium/Discount to List
-$10,696
-26.74%
Current Estimated Value
$195,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,849
Avg. Annual Appreciation
18.72%

Purchase Details

Closed on
Feb 21, 2014
Sold by
Sneddon Michael and Bank Of America National Assoc
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 10, 2014
Sold by
Bank Of America National Association
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 31, 2013
Sold by
Sneddon Michael
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jul 12, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sneddon Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,910
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 21, 2005
Sold by
Dethomas Ruth E and Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 11, 2005
Sold by
Dethomas Ruth E and No 04 Ch 1193
Bought by
Bank Of America Na and Nationsbanc Mortgage Corp

Purchase Details

Closed on
Jul 2, 1999
Sold by
Stephens Harry J and Stephens Deborah M
Bought by
Pethomas Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,175
Interest Rate
7.54%
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
Rotondi Ryan $27,700 None Available
U S Bank National Association $50,000 None Available
U S Bank National Association -- None Available
Bank Of America National Association $50,000 None Available
Sneddon Michael -- First American Title
Federal Home Loan Mortgage Corporation -- --
Bank Of America Na $92,661 --
Pethomas Ruth E $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sneddon Michael $59,910
Previous Owner Pethomas Ruth E $82,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2014 09/29/14 Sold $29,304 +27.4% $10 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
06/30/2014 06/30/14 Price Changed $23,000 -21.5% $8 / Sq Ft
03/17/2014 03/17/14 Off Market $29,304 -- --
03/17/2014 03/17/14 For Sale $40,000 -- $14 / 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 $4,972 $48,059 $7,274 $40,785
2023 $4,972 $42,913 $6,495 $36,418
2022 $4,340 $38,138 $5,772 $32,366
2021 $4,109 $34,919 $5,285 $29,634
2020 $3,990 $32,726 $4,953 $27,773
2019 $3,811 $30,757 $4,655 $26,102
2018 $3,679 $30,095 $4,555 $25,540
2017 $3,643 $27,724 $4,196 $23,528
2016 $3,837 $27,545 $4,169 $23,376
2015 $1,275 $34,707 $4,057 $30,650
2014 $1,275 $33,277 $4,098 $29,179
2013 $1,275 $34,870 $4,294 $30,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08559525

Midwest Real Estate Data (MRED)

APN: 23-15-04-108-059