NOT LISTED FOR SALE

Estimated Value: $252,000 - $373,000

3 Beds
2 Baths
1,404 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $145,000 $103 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,908/month

16 Days on Market

Highlights

  • 0.57 Acre Lot
  • Corner Lot
  • Walk-In Closet
  • End Unit
  • No HOA
  • Shed

About This Home

As of June 2020

Great investment opportunity. This 1404 sq. ft. home has lots of potential, a definite diamond in the rough. This 3 bedrooms 2 bath home sits on a little over ½ acre lot with a partial fenced in yard. On the lot also sits a two-story large shed with electricity that can be used as a garage/workshop. This home is in need of repair but has terrific potential, it’s a great opportunity for a weekend warrior or investor. Great location only minutes to great schools, shopping, restaurants, and I75. ****This home is being sold AS-IS.

Last Agent to Sell the Property

Sherry Johnson

COLDWELL BANKER REALTY License #3310870 Listed on: 03/21/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Tanya McCormick

AN ISLAND PLACE REALTY INC License #3322190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1955

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 120x208
  • South Facing Home
  • Chain Link Fence
  • Corner Lot
  • Property is zoned A1

Parking

  • 2 Carport Spaces

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Range

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Elwood Park Community
  • Elwood Park Ctd Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$634

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 1404
  • Lot Size Acres: 0.57
  • New Construction: No
  • Year Built: 1955
  • Lot Size Sq Ft: 24960
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4463586?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4463586?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.85294
  • Price per Sq Ft: 103.28
  • Close to Original List Price Ratio: 0.72536
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Concrete, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Thermostat, Walk-In Closet(s)
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s)
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: A1
  • Parcel Number: 1526500002
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Corner Lot
  • Lot Dimensions: 120x208
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 633.56
  • Tax Block: 3
  • Tax Book Number: 2-76,
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
Jun 8, 2020
Sold by
Lockart David Lee and Lockart Sanna
Bought by
Schoch Melvin Charles and Marazzo Nicole J
Seller's Agent
Sherry Johnson
COLDWELL BANKER REALTY
Buyer's Agent
Tanya McCormick
AN ISLAND PLACE REALTY INC
List Price
$199,900
Sold Price
$145,000
Premium/Discount to List
-$54,900
-27.46%
Current Estimated Value
$322,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,296
Avg. Annual Appreciation
15.39%
Original Mortgage
$218,500
Outstanding Balance
$193,684
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$128,612

Purchase Details

Closed on
Dec 17, 2008
Sold by
Us Bank National Association
Bought by
Lockart David Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,097
Interest Rate
5.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2008
Sold by
Rich Russell
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 23, 2004
Sold by
Chervitz Alan
Bought by
Rich Russell and Rich Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
11.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2001
Sold by
Chase Manhattan Bank
Bought by
Chervitz Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
6.6%

Purchase Details

Closed on
Nov 23, 1994
Sold by
Hilton D Hendrson
Bought by
Greer Steven P and Greer Melissa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
8.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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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
Schoch Melvin Charles $145,000 Attorney
Lockart David Lee $70,000 None Available
U S Bank National Association -- Attorney
U S Bank Na -- Attorney
U S Bank Na -- Attorney
Rich Russell $100,000 K E L Title Ins Agency Inc
Chervitz Alan $74,000 --
Greer Steven P $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoch Melvin Charles $218,500
Previous Owner Lockart David Lee $85,097
Previous Owner Rich Russell $85,000
Previous Owner Chervitz Alan $59,200
Previous Owner Greer Steven P $48,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2020 06/08/20 Sold $145,000 -14.7% $103 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
03/31/2020 03/31/20 Price Changed $170,000 -15.0% $121 / Sq Ft
03/17/2020 03/17/20 For Sale $199,900 -- $142 / Sq Ft
Source: Stellar MLS

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 $2,689 $209,555 $61,200 $148,355
2024 $2,689 $209,775 $61,200 $148,575
2023 $2,849 $217,683 $61,200 $156,483
2022 $2,447 $168,608 $35,000 $133,608
2021 $2,027 $125,053 $30,000 $95,053
2020 $1,974 $115,871 $25,000 $90,871
2019 $634 $62,445 $0 $0
2018 $625 $61,281 $0 $0
2017 $584 $60,021 $0 $0
2016 $582 $58,786 $0 $0
2015 $581 $58,377 $0 $0
2014 $581 $57,914 $0 $0
2013 $575 $57,058 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4463586

Stellar MLS

APN: 15265-0000-2