NOT LISTED FOR SALE

507 W Mertens St Kankakee, IL 60901

Estimated Value: $159,000

5 Beds
3 Baths
2,160 Sq Ft
$74/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $110,000 $51 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $993/month

127 Days on Market

Highlights

  • Bonus Room
  • Sitting Room
  • Porch
  • Corner Lot
  • Detached Garage
  • Breakfast Bar

About This Home

As of October 2018

This beautiful turn of the century home with 5 BR and 3 BA boasts 2160 sq. ft of living space. From the moment you drive up in front of this home you will know it has been loved & cared for. Character & charm show both inside & out! Sit on the front porch, relax in the backyard or spread out where everyone can have a room of their own. The possibilities are endless. Tons of storage space & even a butler's pantry off the kitchen. Come & explore your new home because this one is a real find at this price.

Last Agent to Sell the Property

Tressie Clemans

Keller Williams Preferred Realty License #475135442 Listed on: 05/07/2018

Keller Williams Preferred Realty

Last Buyer's Agent

Michael Cobbs

Coldwell Banker Realty License #475135676

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,986

Year Built

  • 1902

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Frame Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Sitting Room
  • Bonus Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Bar

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas

Additional Features

  • Porch
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,300 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,986

Year Built

1902

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Zoning Type: SINGL
  • Estimated Year Built: 1902
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1902

Interior Features

  • Number Of Rooms: 10
  • Living Room: Dimensions: 17X14, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Refrigerator
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 10X11, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Sitting Room, Bonus
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 9X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Sitting, Dimensions: 11X9, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Bonus, Dimensions: 12X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 9X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2160
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Exterior Property Features: Porch
  • Acreage: 0.1644

Garage/Parking

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

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 111
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 50X144
  • Lot Description: Corner
  • Parcel Identification Number: 16093210301500

Tax Info

  • Taxes: 2900.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Oct 16, 2018
Sold by
Welch Eric A and Welch Kelly J
Bought by
Giles Kanesha
Seller's Agent
Tressie Clemans
Keller Williams Preferred Realty
Buyer's Agent
Michael Cobbs
Coldwell Banker Realty
List Price
$139,900
Sold Price
$110,000
Premium/Discount to List
-$29,900
-21.37%
Current Estimated Value
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,000
Original Mortgage
$106,700
Outstanding Balance
$93,049
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Giles Kanesha $110,000 Berardi Mark M
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giles Kanesha $106,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2018 10/16/18 Sold $110,000 -8.3% $51 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
07/19/2018 07/19/18 Price Changed $119,900 -7.7% $56 / Sq Ft
05/30/2018 05/30/18 Price Changed $129,900 -7.1% $60 / Sq Ft
05/07/2018 05/07/18 For Sale $139,900 -- $65 / 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
2020 $2,986 $26,417 $3,128 $23,289
2019 $2,783 $24,574 $2,910 $21,664
2018 $2,611 $22,753 $2,694 $20,059
2017 $2,799 $22,253 $2,635 $19,618
2016 $2,698 $21,816 $2,583 $19,233
2015 $2,626 $22,262 $2,636 $19,626
2014 $2,530 $22,262 $2,636 $19,626
2013 -- $25,190 $2,746 $22,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09941431

Midwest Real Estate Data (MRED)

APN: 16-09-32-103-015