NOT LISTED FOR SALE

481 S Nelson Ave Kankakee, IL 60901

Estimated Value: $101,000 - $112,000

3 Beds
1 Bath
900 Sq Ft
$119/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $27,500 $31 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $836/month

3 Days on Market

About This Home

As of December 2021

SINGLE FAMILY HOME SOLD AS-IS AND READY FOR A NEW FAMILY. NOT BANK OWNED AND NOT A SHORT SALE, OWNERS ARE LOCAL AND MOTIVATED. GREAT POTENTIAL BUT NEEDS REHAB. VACANT AND EASY TO INSPECT. PLEASE NOTE: 0% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS. SPECIAL WARRANTY DEED AT CLOSING. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER DOCUMENTS.

Last Agent to Sell the Property

Timothy Gray

The Chicagoland RE Auction Co. License #471003700 Listed on: 11/11/2021

Last Buyer's Agent

Greg Zavitz

Coldwell Banker The Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,037

Lot Details

  • 4,530

Home Design

  • Frame Construction

Interior Spaces

  • 1.5-Story Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,037

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: 481 nelson in kankakee illinois.
  • Lot Size: 25X125
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • 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: Frame
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 111

Lot Info

  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2347.68
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Nov 22, 2021
Sold by
Wheeler Financial Inc
Bought by
Price Eric and Price Carrie
Seller's Agent
Timothy Gray
The Chicagoland RE Auction Co.
Buyer's Agent
Greg Zavitz
Coldwell Banker The Real Estate Group
List Price
$34,500
Sold Price
$27,500
Premium/Discount to List
-$7,000
-20.29%
Current Estimated Value
$107,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,629
Avg. Annual Appreciation
41.95%

Purchase Details

Closed on
Sep 8, 2021
Sold by
County Clerk Of The County Of Kankakee
Bought by
Wheeler Financial Inc

Purchase Details

Closed on
Nov 14, 2005
Sold by
Paul Zeedtk
Bought by
Rogers Loretta Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
1.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Price Eric $27,500 Standard Title
Wheeler Financial Inc -- None Listed On Document
Rogers Loretta Y $76,000 First Court House Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rogers Loretta Y $72,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $27,500 -20.3% $31 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $34,500 -- $38 / 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 $3,037 $25,306 $4,230 $21,076
2023 $2,926 $22,544 $3,768 $18,776
2022 $2,681 $19,732 $3,298 $16,434
2021 $2,531 $17,857 $2,985 $14,872
2020 $2,348 $16,051 $2,683 $13,368
2019 $2,237 $14,931 $2,496 $12,435
2018 $2,154 $13,825 $2,311 $11,514
2017 $2,413 $13,521 $2,260 $11,261
2016 $2,261 $13,256 $2,216 $11,040
2015 $2,184 $13,526 $2,261 $11,265
2014 $2,104 $13,526 $2,261 $11,265
2013 -- $14,089 $2,355 $11,734
Source: Public Records

Agents Affiliated with this Home

  • Timothy Gray

    Seller's Agent in 2021

    Timothy Gray

    The Chicagoland RE Auction Co.

    (312) 953-1498

    297 Total Sales

    Timothy Gray
    Section Image

  • G

    Buyer's Agent in 2021

    Greg Zavitz

    Coldwell Banker The Real Estate Group

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11267829

Midwest Real Estate Data (MRED)

APN: 16-17-04-123-029

Illinois Kankakee County Kankakee 60901

481 S Nelson Ave, Kankakee, IL

This home is located at 481 S Nelson Ave, Kankakee, IL 60901 since 11 November 2021 and is currently estimated at $107,129, approximately $119 per square foot. 481 S Nelson Ave is a home located in Kankakee County with nearby schools including King Middle Grade School, Edison Primary School, and Kankakee Junior High School.

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