NOT LISTED FOR SALE

502 State St Lemont, IL 60439

Central Lemont Neighborhood

Estimated Value: $327,000 - $422,000

2 Beds
2 Baths
1,552 Sq Ft
$242/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2016

Last sale price $170,000 $110 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,514 / mo

140 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • Community Pool
  • River Valley School Rated A-
  • Corner Lot
  • 4-minute walk to Brown Park

About This Home

As of November 2016

GREAT INVESTMENT OPPORTUNITY, COLLECT RENT AND LIVE FOR FREE OR RENT OUT BOTH UNITS. **INCLUDES 38' X 98' APPROX. LOT NEXT DOOR!** DOWNTOWN LEMONT, WELL MAINTAINED BUILDING WITH NEW CARPET,NEWER BOILER, 2 CAR ATTACHED GARAGE MINUTES FROM MAJOR EXPRESSWAYS AND WALK TO THE TRAIN,SHOPS & RESTAURANTS...A MUST SEE!

Last Agent to Sell the Property

Ken McClafferty

Coldwell Banker Real Estate Group License #475162519 Listed on: 05/10/2016

Coldwell Banker Real Estate Group

Last Buyer's Agent

Chris Knollin

Realty Executives Elite License #471019537

Realty Executives Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,692

Year Built

  • Built in 1897

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,692

Year Built

Built in 1897

Lot Details

1,307 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1897
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Enclosed Porch, Foyer
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Block, Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Tennis Courts

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.03
  • Lot Dimensions: 66 X 82 X 61 X 82 APPROX
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 3692
  • Tax Year: 2014

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Oct 21, 2016
Sold by
Bought by
Seller's Agent
Ken McClafferty
Coldwell Banker Real Estate Group
Buyer's Agent
Chris Knollin
Realty Executives Elite
List Price
$204,900
Sold Price
$170,000
Premium/Discount to List
-$34,900
-17.03%
Current Estimated Value
$375,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,568
Avg. Annual Appreciation
8.50%
Original Mortgage
$136,000
Interest Rate
0.045%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$170,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,435,000
Closed $136,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/08/2016 11/08/16 Sold $170,000 -17.0% $110 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $204,900 -- $132 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,611 $27,001 $1,088 $25,913
2024 $5,611 $27,001 $1,088 $25,913
2023 $4,377 $27,001 $1,088 $25,913
2022 $4,377 $18,030 $957 $17,073
2021 $4,243 $18,030 $957 $17,073
2020 $4,288 $18,030 $957 $17,073
2019 $4,412 $19,075 $957 $18,118
2018 $4,339 $19,075 $957 $18,118
2017 $4,275 $19,075 $957 $18,118
2016 $3,603 $15,262 $783 $14,479
2015 $3,657 $15,262 $783 $14,479
2014 $3,692 $15,262 $783 $14,479
2013 $3,766 $16,565 $783 $15,782
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Ken McClafferty

    Coldwell Banker Real Estate Group

    Section Image

  • C

    Buyer's Agent in 2016

    Chris Knollin

    Realty Executives

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09221236

Midwest Real Estate Data (MRED)

APN: 22-29-104-006-0000

Illinois Cook County Lemont 60439 Central Lemont

502 State St, Lemont, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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