NOT LISTED FOR SALE

388 W Exchange St Crete, IL 60417

Estimated Value: $242,503 - $290,000

3 Beds
2 Baths
1,784 Sq Ft
$148/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $86,500 $48 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $1,957/month

144 Days on Market

Highlights

  • Second Kitchen
  • Detached Garage
  • Forced Air Heating and Cooling System
  • The property is located in a historic district

About This Home

As of January 2017

Perfect 2-flat home with existing staircase that can be easily converted back to single family on a huge double lot walking distance to downtown Crete. Second level 1 bedroom, 1 bath, living room, kitchen, currently being used as apartment with separate entrance. Super clean 1st floor 2 bedroom, 1 bath, family room, dining room & kitchen featuring brand new wood floors, counters & sink. New water heater, furnance, air conditioner and washer! Freshly painted with beautiful dark wood trim, solid doors & unique cedar closets. Full unfinished basement and fenced in yard. Second level currently occupied with tenant willing to stay or go depending on buyer. Just move right in and enjoy!

Last Agent to Sell the Property

Kristina Bruns

RE/MAX 10 License #475160727 Listed on: 06/23/2016

RE/MAX 10

Last Buyer's Agent

Robert Paprocki

RE/MAX 1st Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,618

Year Built

  • 1936

Lot Details

  • 0.28

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Asphalt Rolled Roof
  • Aluminum Siding
  • Vinyl Siding

Utilities

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

Additional Features

  • Second Kitchen
  • Basement Fills Entire Space Under The House
  • The property is located in a historic district

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,618

Year Built

1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 11X23, On Level: Main Level, Flooring: Wood Laminate
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: 2nd Kitchen
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 1 Name: 2nd Kitchen, Dimensions: 6X8, On Level: 2nd Level
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level
  • Estimated Sq Ft: 1784

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • Roof Type: Asphalt/Glass (Rolled)
  • Acreage: 0.28

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 201U
  • Junior High Dist: 201U

Lot Info

  • Lot Dimensions: 106X77
  • Parcel Identification Number: 2315093240060000

Tax Info

  • Taxes: 5264.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Jan 26, 2017
Sold by
Stewart William D and Stewart Lisa R
Bought by
Swillum Ian J
Seller's Agent
Kristina Bruns
RE/MAX 10
Buyer's Agent
Robert Paprocki
RE/MAX 1st Service
List Price
$119,900
Sold Price
$86,500
Premium/Discount to List
-$33,400
-27.86%
Current Estimated Value
$264,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,376
Avg. Annual Appreciation
13.68%
Original Mortgage
$84,932
Outstanding Balance
$69,923
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$194,953

Purchase Details

Closed on
May 18, 2001
Sold by
Wynkoop Dorothy
Bought by
Stewart William D and Stewart Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Swillum Ian J $86,500 Attorney
Stewart William D $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swillum Ian J $84,932
Previous Owner Stewart William D $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2017 01/26/17 Sold $86,500 -7.9% $48 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
10/24/2016 10/24/16 Price Changed $93,900 -1.1% $53 / Sq Ft
09/23/2016 09/23/16 Price Changed $94,900 -4.6% $53 / Sq Ft
09/21/2016 09/21/16 Price Changed $99,500 -0.3% $56 / Sq Ft
08/31/2016 08/31/16 Price Changed $99,800 -0.1% $56 / Sq Ft
08/05/2016 08/05/16 Price Changed $99,900 -7.1% $56 / Sq Ft
07/19/2016 07/19/16 Price Changed $107,500 -6.4% $60 / Sq Ft
07/07/2016 07/07/16 Price Changed $114,900 -4.2% $64 / Sq Ft
06/23/2016 06/23/16 For Sale $119,900 -- $67 / 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 $6,618 $71,083 $14,288 $56,795
2023 $6,618 $63,472 $12,758 $50,714
2022 $5,901 $56,409 $11,338 $45,071
2021 $5,562 $51,647 $10,381 $41,266
2020 $5,193 $47,023 $9,729 $37,294
2019 $5,005 $44,195 $9,144 $35,051
2018 $4,925 $43,243 $8,947 $34,296
2017 $5,457 $39,837 $8,242 $31,595
2016 $5,427 $39,580 $8,189 $31,391
2015 $5,360 $38,521 $7,970 $30,551
2014 $5,360 $38,910 $8,050 $30,860
2013 $5,360 $40,773 $8,435 $32,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09266877

Midwest Real Estate Data (MRED)

APN: 23-15-09-324-006