NOT LISTED FOR SALE

Estimated Value: $153,000 - $205,000

3 Beds
2 Baths
1,025 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $42,000 $41 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $1,396/month

68 Days on Market

Highlights

  • Ranch Style House
  • 4-minute walk to Matteson Station
  • Forced Air Heating and Cooling System
  • Patio

About This Home

As of October 2014

DON'T MISS OUT ON THE OPPORTUNITY TO OWN THIS SPACIOUS THREE BEDROOM ONE AND A HALF BATH RANCH STYLE PROPERTY FEATURING A PATIO, A FENCED YARD AND CENTRAL AIR. THIS IS A REVERSE MORTGAGE FORECLOSURE. BUYER IS RESPONSIBLE FOR ANY AND ALL VILLAGE REQUIREMENTS, INSPECTIONS. PROPERTY IS BEING SOLD SUBJECT TO 24 CFR 206.125 SELLER DOES NOT PROVIDE SURVEY OR TERMITE INSPECTION.

Last Agent to Sell the Property

Jim Kennedy

Kennedy Connection Realtors Listed on: 07/20/2014

Last Buyer's Agent

Marge Marasco

RE/MAX 1st Service License #475104349

RE/MAX 1st Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,960

Year Built

  • 1959

Lot Details

  • 6,011

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,960

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1959
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 13X20, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 1025

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Utilities

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

Schools

  • School District: 227
  • Junior High Dist: 162

Lot Info

  • Lot Dimensions: 49 X 121
  • Parcel Identification Number: 31261040030000

Tax Info

  • Taxes: 2713.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2014
Closed on
Oct 10, 2014
Sold by
Fannie Mae
Bought by
Castle Ridge Builders Llc
Seller's Agent
Jim Kennedy
Kennedy Connection Realtors
Buyer's Agent
Marge Marasco
RE/MAX 1st Service
List Price
$42,000
Sold Price
$42,000
Current Estimated Value
$178,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,109
Avg. Annual Appreciation
14.47%

Purchase Details

Closed on
May 12, 2014
Sold by
Struck Madeleine J
Bought by
Federal National Mortgage Association
Source: Public Records

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
Castle Ridge Builders Llc -- Ct
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castle Ridge Builders Llc $708,579
Previous Owner Struck Madeleine J $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $42,000 0.0% $41 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $42,000 0.0% $41 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
07/20/2014 07/20/14 For Sale $42,000 -- $41 / 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 $4,960 $12,000 $2,400 $9,600
2023 $3,230 $12,000 $2,400 $9,600
2022 $3,230 $5,955 $2,100 $3,855
2021 $3,895 $7,082 $2,100 $4,982
2020 $3,607 $7,082 $2,100 $4,982
2019 $3,699 $7,147 $1,950 $5,197
2018 $3,698 $7,147 $1,950 $5,197
2017 $3,550 $7,147 $1,950 $5,197
2016 $3,440 $6,997 $1,800 $5,197
2015 $3,846 $7,889 $1,800 $6,089
2014 $2,512 $7,889 $1,800 $6,089
2013 $2,714 $8,917 $1,800 $7,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08678354

Midwest Real Estate Data (MRED)

APN: 31-26-104-003-0000