NOT LISTED FOR SALE

509 Fairbanks Ave Joliet, IL 60432

Belmont Neighborhood

Estimated Value: $174,000 - $179,311

3 Beds
1 Bath
1,008 Sq Ft
$176/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $96,000 $95 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,222/month

About This Home

As of December 2016

3 bed 1 full bath with large eat-in kitchen! hardwood floors thru-out. All appliances stay. Great location!!

Last Agent to Sell the Property

Joe Contreras

Karges Realty License #475124485 Listed on: 10/16/2016

Last Buyer's Agent

Joe Contreras

Karges Realty License #475124485 Listed on: 10/16/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,104

Year Built

  • 1910

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Aluminum Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,104

Year Built

1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X09, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1008

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Acreage: 0.15

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: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 204
  • Junior High Dist: 86

Lot Info

  • Lot Dimensions: 50X135
  • Parcel Identification Number: 3007112140050000

Tax Info

  • Taxes: 2397.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2019
Sold by
Hernandez Dani A
Bought by
Ortega Sergio Ascencio and Rosio Hernandez Jessica Del
Current Estimated Value
$177,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,315
Outstanding Balance
$82,460
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$84,181

Purchase Details

Listed on
Oct 16, 2016
Closed on
Nov 15, 2016
Sold by
Fuentes Artemio and Renteria Maria Del Refugio
Bought by
Hernandez Dani A
Seller's Agent
Joe Contreras
Karges Realty
Buyer's Agent
Joe Contreras
Karges Realty
List Price
$99,900
Sold Price
$96,000
Premium/Discount to List
-$3,900
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$94,261
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 3, 2014
Closed on
Feb 24, 2015
Sold by
Burhani Nafisa and Sivarajan Kulumani
Bought by
Fuentes Artemio and Renteria Maria Del Refugio
Seller's Agent
Maribel Padilla
Padilla Realty
Buyer's Agent
Joe Contreras
Karges Realty
List Price
$45,000
Sold Price
$31,000
Premium/Discount to List
-$14,000
-31.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.46%

Purchase Details

Closed on
May 6, 2004
Sold by
Contreras Luis and Contreras Delfina
Bought by
Burhani Nafisa and Sivarajan Kulumani
Source: Public Records

Range of Values:

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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
Ortega Sergio Ascencio $93,000 Fidelity National Title
Hernandez Dani A $96,000 Lakeland Title Services
Fuentes Artemio $31,000 First American Title Ins Co
Burhani Nafisa $118,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Sergio Ascencio $2,291
Open Ortega Sergio Ascencio $91,315
Previous Owner Hernandez Dani A $94,261
Previous Owner Contreras Luis $65,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $96,000 -3.9% $95 / Sq Ft
10/16/2016 10/16/16 Pending -- -- --
10/16/2016 10/16/16 For Sale $99,900 +222.3% $99 / Sq Ft
02/23/2015 02/23/15 Sold $31,000 -31.1% $31 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
10/03/2014 10/03/14 For Sale $45,000 -- $45 / 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
2023 $3,104 $40,492 $6,676 $33,816
2022 $2,821 $36,628 $6,039 $30,589
2021 $2,647 $34,209 $5,640 $28,569
2020 $2,500 $32,487 $5,356 $27,131
2019 $2,309 $30,193 $4,978 $25,215
2018 $2,092 $27,079 $4,472 $22,607
Source: Public Records

Agents Affiliated with this Home

  • Joe Contreras

    Seller's Agent in 2016

    Joe Contreras

    Karges Realty

    (815) 370-0846

    7 in this area

    133 Total Sales

    Joe Contreras
    Section Image
  • Maribel Padilla

    Seller's Agent in 2015

    Maribel Padilla

    Padilla Realty

    (815) 212-0808

    19 Total Sales

    Maribel Padilla
    Section Image

  • K

    Seller Co-Listing Agent in 2015

    Kathy Dames

    RE/MAX

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09368314

Midwest Real Estate Data (MRED)

APN: 30-07-11-214-010

Illinois Will County Joliet 60432 Belmont

509 Fairbanks Ave, Joliet, IL

This home is located at 509 Fairbanks Ave, Joliet, IL 60432 since 16 October 2016 and is currently estimated at $177,078, approximately $175 per square foot. This property was built in 1910. 509 Fairbanks Ave is a home located in Will County with nearby schools including Isaac Singleton Elementary School, Gompers Junior High School, and Joliet Central High School.

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.

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