$45,000
SOLD OCT 13, 2020
2 Beds
2 Baths
844 Sq Ft
0.36 Acres

Recently Sold

$53 Per Sq Ft

40% Below List Price

16 Days on Market

Highlights

  • Property fronts a channel
  • Entrance Foyer
  • Central Air
  • Cottage

About This Home

As of October 2020

CASH ONLY!!! CALLING ALL REHABBERS AND INVESTORS!! Waterfront cottage on channel to Nippersink Lake. In need of updating and completion. Structure needs to be lifted 2 feet, can be put on Pier or concrete foundation but must be raised before occupancy can be granted. Estimate for raising the house is Approx 20k-30k Old garage converted to large bedroom, walk-in closet, space for 2 bathroom and a utility room, newer appliances and cabinets are present. Central Heat was put in and Central A/C. Plumbing will need repair, pipes burst over the winter, the specific location(s) of breakage is unknown. Property sold AS-IS, no survey, earnest money minimum $1000 in certified funds. CASH only purchase will not qualify for any type of loan. Seller says room for 4-5 boats along the inlet off the channel. Please use caution when entering the property there is unfinished construction.

Last Agent to Sell the Property

Melissa Kostelnik

RE/MAX Plaza License #475161965 Listed on: 09/10/2020

RE/MAX Plaza

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,062

Year Built

  • 1955

Home Design

  • Cottage
  • Wood Foundation
  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Additional Features

  • Property fronts a channel
  • Flood Zone Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,062

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Flood Zone
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cottage
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 10X19, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X7, On Level: Main Level
  • Kitchen Type: Dimensions: 15X13, On Level: Main Level
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 13X17, On Level: Main Level
  • Additional Room 1 Name: Foyer, Dimensions: 7X11, On Level: Main Level
  • Bedroom 2: Dimensions: 13X10, On Level: 2nd Level
  • Estimated Sq Ft: 844

Exterior Features

  • Foundation: Wood
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Waterfront: Yes
  • Acreage: 0.36

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas

Schools

  • School District: 124
  • High School: Grant Community High School
  • Junior High Dist: 114

Lot Info

  • Lot Dimensions: 50X320X50X320
  • Lot Description: Channel Front
  • Parcel Identification Number: 01334110010000

Tax Info

  • Taxes: 355.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 13, 2020
Sold by
Lenzen Nick
Bought by
Zheleva Tatyana
Seller's Agent
Melissa Kostelnik
RE/MAX Plaza
Buyer's Agent
Non Member
NON MEMBER
List Price
$75,000
Sold Price
$45,000
Premium/Discount to List
-$30,000
-40%
Current Estimated Value
$177,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,842
Avg. Annual Appreciation
33.19%

Purchase Details

Listed on
Oct 29, 2015
Closed on
Feb 5, 2016
Sold by
Bertram James and Bertram Kathleen
Bought by
Lenzen Nick
Seller's Agent
Natalie Masse
Movoto Inc
Buyer's Agent
Gina Gordon
Better Homes and Gardens Real Estate Star Homes
List Price
$50,000
Sold Price
$36,000
Premium/Discount to List
-$14,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Listed on
Apr 15, 2015
Closed on
May 29, 2015
Sold by
Slowikowski Ryszard
Bought by
Bertram James and Bertram Kathleen
Seller's Agent
Matteo Scimeca
RE/MAX AllStars
Buyer's Agent
Natalie Masse
Movoto Inc
List Price
$34,900
Sold Price
$32,000
Premium/Discount to List
-$2,900
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%

Purchase Details

Listed on
Nov 2, 2012
Closed on
Apr 12, 2013
Sold by
Hsbc Mortgage Services Inc
Bought by
Slowikowski Ryszard
Seller's Agent
Patrick O'Neill
RE/MAX Plaza
Buyer's Agent
Jim Humbard
RE/MAX Plaza
List Price
$44,900
Sold Price
$32,000
Premium/Discount to List
-$12,900
-28.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Oct 2, 2012
Sold by
Kowalski Michael T and Kowalski Sheila
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Apr 21, 2005
Sold by
North Star Trust Co
Bought by
Kowalski Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2004
Sold by
Kowalski Michael T
Bought by
North Star Trust Co and Trust #27074

Purchase Details

Closed on
May 14, 2003
Sold by
North Star Trust Co
Bought by
Kowalski Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2002
Sold by
Kowalski Michael T
Bought by
North Star Trust Co and Trust #27074

Purchase Details

Closed on
Aug 21, 2002
Sold by
North Star Trust Company
Bought by
Kowalski Michael T
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 $45,000 None Available
Warranty Deed $361,000 Chicago Title Insurance Co
Warranty Deed $32,000 Chicago Title Company
Special Warranty Deed $32,000 Forum Title Insurance Compan
Deed In Lieu Of Foreclosure -- None Available
Deed -- First American Title
Quit Claim Deed -- --
Deed -- --
Quit Claim Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000 Credit Line Revolving
Previous Owner $116,000 Purchase Money Mortgage
Previous Owner $112,000 Unknown
Previous Owner $58,000 Purchase Money Mortgage
Previous Owner $68,000 Unknown
Closed $29,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $45,000 -30.8% $53 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/18/2020 09/18/20 Price Changed $65,000 -13.3% $77 / Sq Ft
09/18/2020 09/18/20 For Sale $75,000 0.0% $89 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $75,000 +108.3% $89 / Sq Ft
02/05/2016 02/05/16 Sold $36,000 -28.0% $33 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
10/29/2015 10/29/15 For Sale $50,000 +56.3% $46 / Sq Ft
05/29/2015 05/29/15 Sold $32,000 +6.7% $38 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
04/23/2015 04/23/15 Price Changed $29,999 -14.0% $36 / Sq Ft
04/15/2015 04/15/15 For Sale $34,900 +9.1% $41 / Sq Ft
04/24/2013 04/24/13 Sold $32,000 -8.6% $38 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/05/2013 04/05/13 Price Changed $34,995 -22.1% $41 / Sq Ft
03/27/2013 03/27/13 For Sale $44,900 0.0% $53 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $44,900 -- $53 / 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 $4,062 $56,660 $24,283 $32,377
2023 $4,062 $50,734 $21,743 $28,991
2022 $1,204 $14,529 $1 $14,528
2021 $1,157 $13,557 $1 $13,556
2020 $1,139 $13,183 $1 $13,182
2019 $2,884 $33,783 $17,330 $16,453
2018 $1,103 $12,607 $1 $12,606
2017 $1,093 $12,000 $1 $11,999
2016 $3,414 $33,791 $16,150 $17,641
2015 $3,449 $32,931 $15,739 $17,192
2014 $2,117 $27,258 $9,982 $17,276
2012 $2,089 $28,167 $9,982 $18,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10829125

Midwest Real Estate Data (MRED)

APN: 01-33-411-001