NOT LISTED FOR SALE

397 E Water St Kankakee, IL 60901

Estimated Value: $152,000 - $183,746

2 Beds
1.5 Baths
1,504 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $130,000 $86 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,271/month

194 Days on Market

Highlights

  • Waterfront
  • Living Room
  • Dining Room
  • 2.5 Car Detached Garage
  • Central Air

About This Home

As of January 2023

Very well kept home on the River! Large Living room with Newer flooring - Formal Dining room with updated flooring - Large Kitchen with pantry - First floor Half Bath - 2 Large bedrooms on 2nd level with new windows, and huge closets, 2nd floor full bath with lots of storage. This home is in great shape and ready for it new owner! call today for your private showing, so you can enjoy your summer on the river!!

Last Agent to Sell the Property

Peter Grant

Berkshire Hathaway HomeServices Speckman Realty License #471008886 Listed on: 06/02/2022

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Berry McCracken

Coldwell Banker Realty License #475090283

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,893

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x145
  • Waterfront
  • Property is zoned SINGL

Parking

  • 2.5 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,504 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,893

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1504
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 50X145
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4892.92
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jan 9, 2023
Sold by
Trust Number 1724
Bought by
Brandenburg Thomas
Seller's Agent
Peter Grant
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Berry McCracken
Coldwell Banker Realty
List Price
$144,900
Sold Price
$130,000
Premium/Discount to List
-$14,900
-10.28%
Views
147
Current Estimated Value
$166,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,937
Avg. Annual Appreciation
8.82%
Original Mortgage
$98,000
Outstanding Balance
$95,051
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$71,886
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brandenburg Thomas $130,000 Kankakee County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandenburg Thomas $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $130,000 -10.3% $86 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $144,900 0.0% $96 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $144,900 0.0% $96 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $144,900 -6.5% $96 / Sq Ft
07/18/2022 07/18/22 For Sale $154,900 0.0% $103 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $154,900 -- $103 / 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 $4,764 $48,295 $15,404 $32,891
2023 $4,770 $43,025 $13,723 $29,302
2022 $5,117 $37,658 $12,011 $25,647
2021 $4,830 $34,080 $10,870 $23,210
2020 $4,481 $30,634 $9,771 $20,863
2019 $4,270 $28,496 $9,089 $19,407
2018 $4,112 $26,385 $8,416 $17,969
2017 $4,605 $25,805 $8,231 $17,574
2016 $4,316 $25,299 $8,070 $17,229
2015 $4,169 $25,816 $8,235 $17,581
2014 $4,016 $25,816 $8,235 $17,581
2013 -- $26,892 $8,578 $18,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11418720

Midwest Real Estate Data (MRED)

APN: 16-17-05-308-018