NOT LISTED FOR SALE

3525 Adams St Lansing, IL 60438

Estimated Value: $120,000 - $179,000

3 Beds
1 Bath
1,100 Sq Ft
$139/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $89,000 $81 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,008/month

7 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Patio
  • L-Shaped Dining Room
  • 2 Car Detached Garage
  • Central Air

About This Home

As of June 2021

Located just steps from Coolidge Elementary you will find this charming three bedroom ranch which offers tons of upside and long term value add to a buyer with vision! The home has a very welcoming curb appeal, side drive which leads to a deep lot along with 2 car detached garage. The home features a large open living room that flows into a dining room along with a very spacious kitchen. Open the kitchen to the living room/dining room to create the modern open feel which is hot in todays market, there are three bedrooms all on the main level with hardwood flooring. Bathroom is a shell and ready to be updated as well. Off the kitchen you will find access to a deep, full basement which was roughed out with previous bedroom and bathroom, this is ready to be finished to create a 4 bedroom, 2 bath home! Location being so close to Coolidge Elementary, close to I-80/394 is highly ideal! The potential here is endless, renovate and live in while equity builds or add value and rent while having a passive investment. Either way this is a win win situation!

Last Listed By

Ryan Smith

RE/MAX Properties License #475150650 Listed on: 04/06/2021

RE/MAX Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 8,102 Sq Ft Lot
  • Lot Dimensions are 50 x 160
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Clad Trim

Interior Spaces

  • 1,100 Sq Ft Home
  • L-Shaped Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Finished Basement

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

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 79900
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Clad Trim

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 158

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.186
  • Lot Dimensions: 50 X 160
  • 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: 5919
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 15, 2021
Sold by
Commander 257 Llc
Bought by
Transzland Llc
Seller's Agent
Ryan Smith
RE/MAX Properties
Buyer's Agent
Michael Havey
RE/MAX Properties
List Price
$79,900
Sold Price
$89,000
Premium/Discount to List
$9,100
11.39%
Total Days on Market
7
Current Estimated Value
$152,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,767
Avg. Annual Appreciation
14.70%

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 10, 2021
Sold by
Angel Oak Prime Bridge Llc
Bought by
Commander 257 Llc
Seller's Agent
Ryan Smith
RE/MAX Properties
Buyer's Agent
Michael Havey
RE/MAX Properties
List Price
$79,900
Sold Price
$89,000
Premium/Discount to List
$9,100
11.39%

Purchase Details

Closed on
Apr 7, 2021
Sold by
Jf Partners
Bought by
Angel Oak Prime Bridge Llc

Purchase Details

Closed on
Jan 27, 2021
Sold by
Johnson Tige
Bought by
Angel Oak Prime Bridge Llc

Purchase Details

Closed on
May 31, 2018
Sold by
Cash Flow Investors Ii Llc
Bought by
Jf Partners Llc

Purchase Details

Closed on
Apr 13, 2017
Sold by
Secretary Of Hud
Bought by
Cash Flow Investors Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 23, 2015
Sold by
Jpmorgan Chase Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Sep 22, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Sep 19, 2014
Sold by
Gonzales Fernando James
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 5, 2009
Sold by
Boatright Elaine and Hoskins Sharlene
Bought by
Gonzales Fernando J and Arceo Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2005
Sold by
Mb Financial Bank Na
Bought by
Boatright Elaine and Hoskins Sharlene

Range of Values:

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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
Transzland Llc -- None Available
Commander 257 Llc $89,000 Fidelity National Title
Angel Oak Prime Bridge Llc -- Attorney
Angel Oak Prime Bridge Llc $85,000 None Available
Jf Partners Llc -- Fidelity National Title
Cash Flow Investors Ii Llc -- Fidelity National Title
The Secretary Of Hud -- None Available
Jpmorgan Chase Bank National Association -- Attorney
The Secretary Of Housing & Urban Develop -- None Available
Gonzales Fernando J $95,000 Stewart Title Company
Boatright Elaine $140,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Transzland Llc $129,500
Previous Owner Jf Partners Llc $82,000
Previous Owner Cash Flow Investors Ii Llc $104,500
Previous Owner Gonzales Fernando J $93,279
Previous Owner Mb Financial Bank Na $350,000
Previous Owner Mb Financial Bank Na $470,000
Previous Owner South Holland Trust & Svgs Bank $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $89,000 +11.4% $81 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $79,900 -- $73 / 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 $6,277 $13,001 $3,443 $9,558
2023 $6,277 $13,001 $3,443 $9,558
2022 $6,277 $9,659 $3,038 $6,621
2021 $6,105 $9,658 $3,037 $6,621
2020 $5,666 $9,658 $3,037 $6,621
2019 $5,920 $10,398 $2,835 $7,563
2018 $5,810 $10,398 $2,835 $7,563
2017 $3,962 $10,398 $2,835 $7,563
2016 $3,906 $9,641 $2,632 $7,009
2015 $3,565 $9,641 $2,632 $7,009
2014 $3,544 $9,641 $2,632 $7,009
2013 -- $11,122 $2,632 $8,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11043848

Midwest Real Estate Data (MRED)

APN: 30-32-112-043-0000