NOT LISTED FOR SALE

427 S Third St Peotone, IL 60468

Estimated Value: $162,000 - $232,000

3 Beds
1 Bath
1,070 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $120,000 $112 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,338/month

Highlights

  • Detached Garage
  • 1-Story Property
  • Senior Tax Exemptions

About This Home

As of December 2021

A nice home in the older section of Peotone. Selling As Is and has some foundation problems.

Last Agent to Sell the Property

Larry Lorenz

Lorenz Auctions and Real Estat License #471017228 Listed on: 10/05/2021

Last Buyer's Agent

Larry Lorenz

Lorenz Auctions and Real Estat License #471017228 Listed on: 10/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,947

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • 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): No
  • Architectural Style: Cape Cod
  • Directions: Take Rt 50 to Third Street and go North to property.
  • Lot Size: 50 X 150 X 50 X 150
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Peotone Elementary School
  • High School: Peotone High School
  • Junior High Dist: 207U
  • Middle Or Junior School: Peotone Junior High School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 2304.92
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Dec 1, 2021
Sold by
Most David and Most Trust
Bought by
Chambers Steven and Chambers Aimee L
Seller's Agent
Larry Lorenz
Lorenz Auctions and Real Estat
Buyer's Agent
Larry Lorenz
Lorenz Auctions and Real Estat
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$197,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,674
Avg. Annual Appreciation
13.79%
Original Mortgage
$80,000
Outstanding Balance
$65,192
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$126,868

Purchase Details

Closed on
Nov 11, 2008
Sold by
Underwood Dorothy
Bought by
Underwood Dorothy and The Underwood Trust

Purchase Details

Closed on
Jul 11, 2000
Sold by
Most Clarence C
Bought by
Underwood Dorothy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chambers Steven $120,000 Fidelity National Title
Underwood Dorothy -- None Available
Underwood Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers Steven $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $120,000 0.0% $112 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $120,000 -- $112 / 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
2023 $2,947 $48,459 $12,588 $35,871
2022 $2,915 $43,716 $11,356 $32,360
2021 $2,386 $40,399 $10,494 $29,905
2020 $2,305 $38,366 $9,966 $28,400
2019 $2,407 $38,366 $9,966 $28,400
2018 $2,573 $38,366 $9,966 $28,400
2017 $2,510 $37,357 $9,704 $27,653
2016 $2,468 $36,625 $9,514 $27,111
2015 $2,115 $35,421 $9,201 $26,220
2014 $2,115 $35,421 $9,201 $26,220
2013 $2,115 $35,674 $9,267 $26,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11238821

Midwest Real Estate Data (MRED)

APN: 20-24-414-008