NOT LISTED FOR SALE

481 S Main Ave Kankakee, IL 60901

Estimated Value: $158,000 - $182,000

3 Beds
2 Baths
1,400 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $86,000 $61 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,112/month

32 Days on Market

Highlights

  • Detached Garage
  • Entrance Foyer
  • Central Air

About This Home

As of February 2017

Remodeled from top to bottom and ready for you to move in! This three bedroom one and half story bungalow in West Kankakee features a full basement and two car detached garage. All new inside and out, including new roof, windows, siding, gutters, hardwood flooring, ceramic, new kitchen with hardwood oak cabinets and corian countertops all new bathrooms. Lots of home in a convenient location! THIS HOME QUALIFIES FOR $2500 down payment assistance from City of Kankakee while available!

Last Agent to Sell the Property

Lee LaMontagne

Coldwell Banker Realty License #475136373 Listed on: 11/28/2016

Coldwell Banker Realty

Last Buyer's Agent

Andy Czako

McColly Bennett Real Estate License #471006388

McColly Bennett Real Estate

Home Details

Home Type

  • Single Family

Year Renovated

  • 2016

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Frame Construction

Interior Spaces

  • Entrance Foyer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Renovated

2016

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 1.5 Story
  • Zoning Type: SINGL
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 21X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Basement: Full
  • Basement: Cellar
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 9X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Foyer, Dimensions: 18X7, On Level: Main Level
  • Bedroom 2: Dimensions: 9X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 10X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1400

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Acreage: 0.1722

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 50 X 150
  • Parcel Identification Number: 16160121001500

Tax Info

  • Taxes: 2571.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Feb 17, 2017
Sold by
Ferrias Mitchell A
Bought by
Johnson Joseph D
Seller's Agent
Lee LaMontagne
Coldwell Banker Realty
Buyer's Agent
Andy Czako
McColly Bennett Real Estate
List Price
$97,400
Sold Price
$86,000
Premium/Discount to List
-$11,400
-11.7%
Current Estimated Value
$169,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,575
Avg. Annual Appreciation
7.95%
Original Mortgage
$84,442
Outstanding Balance
$69,500
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$100,075
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
Johnson Joseph D $86,000 Title Resources Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Joseph D $84,442
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2017 02/17/17 Sold $86,000 -9.4% $61 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
12/26/2016 12/26/16 Price Changed $94,900 -2.6% $68 / Sq Ft
11/28/2016 11/28/16 For Sale $97,400 +472.9% $70 / Sq Ft
07/29/2015 07/29/15 Sold $17,000 -22.4% $19 / Sq Ft View Prior Sale
07/02/2015 07/02/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $21,900 -- $24 / 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 $2,707 $28,900 $5,634 $23,266
2023 $2,525 $25,746 $5,019 $20,727
2022 $2,247 $22,535 $4,393 $18,142
2021 $2,040 $20,394 $3,976 $16,418
2020 $2,681 $18,332 $3,574 $14,758
2019 $2,555 $17,053 $3,325 $13,728
2018 $2,461 $15,790 $3,079 $12,711
2017 $2,756 $15,442 $3,011 $12,431
2016 $2,582 $15,139 $2,952 $12,187
2015 $2,572 $15,926 $3,012 $12,914
2014 $1,820 $17,696 $3,012 $14,684
2013 -- $18,434 $3,138 $15,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09395636

Midwest Real Estate Data (MRED)

APN: 16-16-01-210-015