403 Nicholson St Joliet, IL 60435
Cathedral Area NeighborhoodEstimated Value: $233,000 - $317,000
5
Beds
3
Baths
2,768
Sq Ft
$105/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Formal Dining Room
- Attached Garage
About This Home
As of October 2021Amazing opportunity to own an income producing property! This 5 bedroom 2 1/2 bathroom home consists of a 4 bedroom 1 1/2 bathroom main residence and a separate 1 bedroom 1 full bathroom related living suite. In total this property offers 2768sq feet of living space, plus a one car garage and an unfinished basement. The related living suite generates $1,150 a month in rent from a long term tenant and the main house is rented for $1,550. The related living suite has been completely updated. Electricity and Heat are metered separately for each dwelling. Do Not Disturb The Tenants. Please view both virtual tours before contacting the listing agent to arrange a showing. Property is being sold As-Is. Current leases end Aug/Sept 2022.
Last Agent to Sell the Property
Keller Williams Infinity License #475188394 Listed on: 09/07/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,563
Year Built
- 1914
Lot Details
- 10,454
Parking
- Attached Garage
- Parking Space is Owned
Interior Spaces
- 2-Story Property
- Living Room with Fireplace
- Formal Dining Room
- Unfinished Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 29, 2022
Sold by
Richard Gougis Iii
Bought by
Modern Mission 40 Llc
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$99,862
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
$190,283
Purchase Details
Listed on
Sep 7, 2021
Closed on
Sep 28, 2021
Sold by
First Midwest Bank
Bought by
Gougis Richard
Seller's Agent
Patricia Duda Tharani
Keller Williams Infinity
Buyer's Agent
Denise Manning
Keller Williams Infinity
List Price
$245,000
Sold Price
$245,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$183,750
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 2, 2017
Sold by
Us Bank National Association
Bought by
First Midwest Bank and Trust #8751
Purchase Details
Closed on
Aug 5, 2016
Sold by
Colbourn Christopher
Bought by
U S Bank National Association
Purchase Details
Closed on
Jun 12, 2015
Sold by
Colbourn Mary Margaret
Bought by
Colbourn Christopher
Purchase Details
Closed on
Mar 23, 2005
Sold by
Alves Joseph A and Alves Gladys M
Bought by
Colbourn Christopher M and Colbourn Mary M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Joliet, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Modern Mission 40 Llc | -- | Edward Kusta Pc | |
| Gougis Richard | $245,000 | Fidelity National Title | |
| First Midwest Bank | $84,000 | Chicago Title | |
| U S Bank National Association | -- | Attorney | |
| Colbourn Christopher | -- | None Available | |
| Colbourn Christopher M | $182,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Modern Mission 40 Llc | $200,000 | |
| Previous Owner | Gougis Richard | $183,750 | |
| Previous Owner | First Midwest Bank | $108,750 | |
| Previous Owner | First Midwest Bank | $127,500 | |
| Previous Owner | Colbourn Christopher M | $127,300 | |
| Previous Owner | Colbourn Christopher | $50,000 | |
| Previous Owner | Colbourn Christopher M | $38,000 | |
| Previous Owner | Colbourn Christopher M | $145,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2021 10/25/21 | Sold | $245,000 | 0.0% | $89 / Sq Ft |
| 09/10/2021 09/10/21 | Pending | -- | -- | -- |
| 09/07/2021 09/07/21 | For Sale | $245,000 | -- | $89 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $5,563 | $59,010 | $16,437 | $42,573 |
| 2022 | $4,930 | $53,378 | $14,868 | $38,510 |
| 2021 | $4,685 | $49,853 | $13,886 | $35,967 |
| 2020 | $4,445 | $47,344 | $13,187 | $34,157 |
| 2019 | $3,202 | $48,699 | $12,256 | $36,443 |
| 2018 | $3,068 | $35,197 | $11,325 | $23,872 |
| 2017 | $2,892 | $45,429 | $10,296 | $35,133 |
| 2016 | $4,493 | $41,807 | $9,439 | $32,368 |
| 2015 | $3,638 | $39,200 | $8,850 | $30,350 |
| 2014 | $3,638 | $39,000 | $8,800 | $30,200 |
| 2013 | $3,638 | $40,921 | $9,776 | $31,145 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Duda Tharani
Seller's Agent in 2021
Patricia Duda Tharani
Keller Williams Infinity
(630) 885-5243
1 in this area
42 Total Sales
-
Denise Manning
Buyer's Agent in 2021
Denise Manning
Keller Williams Infinity
(708) 533-1337
2 in this area
157 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11210467
APN: 07-09-125-007
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