NOT LISTED FOR SALE

502 W Mertens St Kankakee, IL 60901

Estimated Value: $155,000 - $204,000

4 Beds
2 Baths
1,704 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $137,900 $81 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,319/month

90 Days on Market

About This Home

As of April 2021

Complete rehab! 4 bed 2 bath Large corner lot with 2.5 car garage. All new roof and vinyl windows throughout! Aluminum siding and a screened-in porch! The home features 100% waterproof vinal planking throughout the living area and new carpet in the bedrooms! Large open layout! Main floor laundry! Full basement. This home would be great for assisted living or a large family! Quiet neighborhood close to downtown! Don't miss out schedule your private showing today.

Last Agent to Sell the Property

Paul Kirkpatrick

Exclusive Realtors Listed on: 11/15/2020

Last Buyer's Agent

Paul Kirkpatrick

Exclusive Realtors Listed on: 11/15/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,481

Year Built

  • 1910

Lot Details

  • 7,187

Parking

  • Detached Garage
  • Parking Included in Price

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,481

Year Built

1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Fifth Ave. north to Mertens. Right on Mertens to property on right side of street.
  • Lot Size: 50 X144
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Dining Room Type: Office, Bonus Room

Exterior Features

  • Exterior Building Type: Frame,Wood Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Window/Wall Units - 3+
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • 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: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No
  • Zoning: SINGL

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 2233.56
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2020
Closed on
Apr 6, 2021
Sold by
Oliverio Villagomez
Bought by
King Jasmine Elizabeth and Jones Shqueenca Lakesha
Seller's Agent
Paul Kirkpatrick
Exclusive Realtors
Buyer's Agent
Paul Kirkpatrick
Exclusive Realtors
List Price
$139,900
Sold Price
$137,900
Premium/Discount to List
-$2,000
-1.43%
Current Estimated Value
$180,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,437
Avg. Annual Appreciation
6.06%
Original Mortgage
$135,401
Outstanding Balance
$124,767
Interest Rate
4.38%
Mortgage Type
FHA
Estimated Equity
$55,570
Source: Public Records

Range of Values:

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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
King Jasmine Elizabeth $137,900 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Jasmine Elizabeth $135,401
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Off Market $137,900 -- --
04/06/2021 04/06/21 Sold $137,900 0.0% $81 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/17/2021 01/17/21 Price Changed $137,900 -1.4% $81 / Sq Ft
11/14/2020 11/14/20 For Sale $139,900 +459.6% $82 / Sq Ft
02/25/2020 02/25/20 Sold $25,000 -41.2% $15 / Sq Ft View Prior Sale
02/11/2020 02/11/20 Pending -- -- --
09/24/2019 09/24/19 Price Changed $42,500 -14.8% $25 / Sq Ft
08/26/2019 08/26/19 For Sale $49,900 -- $29 / 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 $4,481 $43,903 $4,931 $38,972
2023 $4,234 $39,112 $4,393 $34,719
2022 $3,837 $34,234 $3,845 $30,389
2021 $3,764 $30,981 $3,480 $27,501
2020 $4,073 $27,848 $3,128 $24,720
2019 $2,234 $25,905 $2,910 $22,995
2018 $2,024 $23,986 $2,694 $21,292
2017 $2,223 $23,458 $2,635 $20,823
2016 $2,047 $22,998 $2,583 $20,415
2015 $2,013 $23,468 $2,636 $20,832
2014 $2,132 $24,703 $2,636 $22,067
2013 -- $28,592 $2,746 $25,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10933921

Midwest Real Estate Data (MRED)

APN: 16-09-32-105-009