NOT LISTED FOR SALE

407 Illinois St Park Forest, IL 60466

Estimated Value: $181,000 - $221,000

3 Beds
1.5 Baths
1,420 Sq Ft
$146/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $180,000 $127 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,444/month

2 Days on Market

Highlights

  • Ranch Style House
  • Breakfast Bar
  • Laundry Room
  • 1 Car Attached Garage
  • Living Room
  • Entrance Foyer

About This Home

As of February 2022

WELCOME HOME! Beautifully updated 3 bedroom, 1.5 bath ranch in a great Park Forest location; close to parks, schools, shopping & dining. Open layout provides great spaces for entertaining, along with the large fenced in backyard with deck/patio. New wood laminate flooring throughout. Stunning new kitchen with plenty of light and room for a large table/eating area. All 3 bedrooms are of good size with new carpeting. Professionally painted. Other upgrades include new roof, new HVAC & Water Heater, all new appliances including washer and dryer, alarm system and more! This home is ready to go!

Last Agent to Sell the Property

Brian Huffman

Fulton Grace Realty License #475129575 Listed on: 01/14/2022

Fulton Grace Realty

Last Buyer's Agent

Dionne Scott

Village Realty, Inc. License #475191051

Village Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,322

Year Built

  • Built in 1963 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 65x120

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House

Interior Spaces

  • 1,420 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,322

Year Built

Built in 1963 | Remodeled in 2021

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1420
  • Room Type: Foyer, Eating Area
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, 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: 65X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7321.59
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 1, 2022
Sold by
Cosmos Llc
Bought by
Griffin Blane
Seller's Agent
Brian Huffman
Fulton Grace Realty
Buyer's Agent
Dionne Scott
Village Realty, Inc.
List Price
$169,500
Sold Price
$180,000
Premium/Discount to List
$10,500
6.19%
Current Estimated Value
$206,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,962
Avg. Annual Appreciation
3.64%
Original Mortgage
$180,000
Outstanding Balance
$167,130
Interest Rate
4%
Estimated Equity
$39,832

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 15, 2022
Sold by
Cosmos Llc
Bought by
Griffin Blane
Seller's Agent
Brian Huffman
Fulton Grace Realty
Buyer's Agent
Dionne Scott
Village Realty, Inc.
List Price
$169,500
Sold Price
$180,000
Premium/Discount to List
$10,500
6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$167,130
Interest Rate
4%
Estimated Equity
$39,832

Purchase Details

Closed on
May 25, 2021
Sold by
County Of Cook
Bought by
Cosmos Llc

Purchase Details

Closed on
Feb 23, 2011
Sold by
Homesales Inc
Bought by
Norfleet Kenneth and Norfleet Krystal

Purchase Details

Closed on
Sep 21, 2010
Sold by
Sweet Scott T
Bought by
Homesales Inc

Purchase Details

Closed on
Nov 26, 2003
Sold by
Shawtell George A and Shawtell Pamela J
Bought by
Sweet Scott T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,297
Interest Rate
6.1%
Mortgage Type
VA

Purchase Details

Closed on
Mar 11, 2003
Sold by
Shawtell George A
Bought by
Shawtell George A and Shawtell Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,400
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 2000
Sold by
Shawtell Laura A
Bought by
Shawtell George A

Purchase Details

Closed on
Oct 10, 1994
Sold by
Magiera Marian C and Waligora Marion C
Bought by
Shawtell George A and Shawtell Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,321
Interest Rate
8.55%
Mortgage Type
FHA
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
Griffin Blane $180,000 --
Griffin Blane $180,000 --
Cosmos Llc -- Attorney
Norfleet Kenneth $43,000 None Available
Homesales Inc -- Premier Title
Sweet Scott T $115,000 --
Shawtell George A -- --
Shawtell George A -- --
Shawtell George A -- --
Shawtell George A $132,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Blane $180,000
Previous Owner Sweet Scott T $117,297
Previous Owner Shawtell George A $81,400
Previous Owner Shawtell George A $87,321
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $180,000 +6.2% $127 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $169,500 -- $119 / 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
2025 $4,473 $13,000 $3,120 $9,880
2024 $4,473 $13,000 $3,120 $9,880
2023 $4,473 $13,000 $3,120 $9,880
2022 $4,473 $7,680 $2,730 $4,950
2021 $8,055 $7,680 $2,730 $4,950
2020 $7,322 $7,680 $2,730 $4,950
2019 $7,246 $8,070 $2,535 $5,535
2018 $7,061 $8,070 $2,535 $5,535
2017 $6,861 $8,070 $2,535 $5,535
2016 $6,176 $7,472 $2,340 $5,132
2015 $3,916 $7,472 $2,340 $5,132
2014 $3,829 $7,472 $2,340 $5,132
2013 $4,099 $8,503 $2,340 $6,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11304624

Midwest Real Estate Data (MRED)

APN: 31-24-309-009-0000