NOT LISTED FOR SALE

501 Wallace St Chicago Heights, IL 60411

West End Neighborhood

Estimated Value: $235,000 - $331,000

4 Beds
3 Baths
2,169 Sq Ft
$128/Sq Ft Est. Value

Last Sold February 16, 2017

Last sale price $160,000 $74 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,787/month

115 Days on Market

About This Home

As of February 2017

SPACIOUS BRICK AND FRAME SPLIT LEVEL THAT FEATURES 4 BEDROOMS, 2.5 BATHS, FAMILY ROOM, FRESHLY PAINTED, NEW CARPETING, LIGHT FIXTURES, AND APPLIANCES, FIREPLACE IN THE FAMILY ROOM AND A 3 CAR ATTACHED GARAGE. SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY

Last Agent to Sell the Property

Dan Robinson

Crosstown Realtors, Inc. License #471017974 Listed on: 09/12/2016

Last Buyer's Agent

Marie Desmet

Coldwell Banker Real Estate Group License #475140441

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 2005 | 2016

Lot Details

  • 4,792

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Partial Basement

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,900 Seller Concession

Home Details

Home Type

Single Family

Year Built | Renovated

2005 | 2016

Lot Details

4,792 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Detached Single
  • Recent Rehab: Yes
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Tri-Level
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2005
  • Year Renovated: 2016

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X13, On Level: Main Level
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 14X11, On Level: 2nd Level
  • Kitchen Type: Dimensions: 18X12, On Level: 2nd Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X14, On Level: 3rd Level
  • Bedroom 2: Dimensions: 15X12, On Level: 3rd Level
  • Bedroom 3: Dimensions: 14X11, On Level: 3rd Level
  • Bedroom 4: Dimensions: 12X12, On Level: 3rd Level
  • Family Room: Dimensions: 20X28, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Acreage: 0.1166

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 167

Lot Info

  • Lot Dimensions: 50X101
  • Parcel Identification Number: 32161310010000

Tax Info

  • Taxes: 8130.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2016
Closed on
Jan 3, 2017
Sold by
Pnmac Mortgage Opportunity Fund Investor
Bought by
Lister Tarina
Seller's Agent
Dan Robinson
Crosstown Realtors, Inc.
Buyer's Agent
Marie Desmet
Coldwell Banker Real Estate Group
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%
Current Estimated Value
$276,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,782
Avg. Annual Appreciation
6.21%
Original Mortgage
$157,102
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2016
Sold by
Haney Pamela P
Bought by
Pnmac Mortgage Opportunity Fund Investor

Purchase Details

Closed on
Jul 5, 2013
Sold by
Haney Pamela P
Bought by
Pnmac Mortgage Opportunity Fund Investor

Purchase Details

Closed on
Jan 23, 2008
Sold by
Spalding Russell R and Spalding Shanlonda
Bought by
Haney Pamela P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,450
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2004
Sold by
Bolos George
Bought by
Spalding Russell R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,100
Interest Rate
5.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 21, 2004
Sold by
South Suburban General Construction Llc
Bought by
Bolos George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,100
Interest Rate
5.91%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lister Tarina $160,000 Fidelity Title
Pnmac Mortgage Opportunity Fund Investor -- Premier Title
Pnmac Mortgage Opportunity Fund Investor -- Premier Title
Haney Pamela P $285,000 First American
Spalding Russell R $212,500 Cti
Bolos George $33,500 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lister Tarina $157,102
Previous Owner Haney Pamela P $276,450
Previous Owner Spalding Russell R $211,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2017 02/16/17 Sold $160,000 +0.6% $74 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
11/29/2016 11/29/16 Price Changed $159,000 -5.9% $73 / Sq Ft
10/21/2016 10/21/16 For Sale $169,000 0.0% $78 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
10/14/2016 10/14/16 Price Changed $169,000 -5.6% $78 / Sq Ft
09/23/2016 09/23/16 For Sale $179,000 0.0% $83 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $179,000 -- $83 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,974 $10,099 $2,031 $8,068
2024 $3,974 $10,099 $2,031 $8,068
2023 $3,413 $10,099 $2,031 $8,068
2022 $3,413 $7,775 $1,777 $5,998
2021 $3,615 $7,774 $1,777 $5,997
2020 $3,666 $7,774 $1,777 $5,997
2019 $4,820 $9,729 $1,650 $8,079
2018 $4,560 $9,729 $1,650 $8,079
2017 $5,242 $11,278 $1,650 $9,628
2016 $4,377 $9,297 $1,523 $7,774
2015 $4,266 $9,297 $1,523 $7,774
2014 $4,176 $9,297 $1,523 $7,774
2013 $4,015 $9,758 $1,523 $8,235
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dan Robinson

    Crosstown Realtors, Inc.

    (708) 889-1500

    321 Total Sales

    Dan Robinson
    Section Image

  • M

    Buyer's Agent in 2017

    Marie Desmet

    Coldwell Banker Real Estate Group

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09340140

Midwest Real Estate Data (MRED)

APN: 32-16-131-001-0000

Illinois Cook County Chicago Heights 60411 West End

501 Wallace St, Chicago Heights, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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