NOT LISTED FOR SALE

509 W Water St Kankakee, IL 60901

Estimated Value: $174,000 - $231,896

3 Beds
2.5 Baths
1,554 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $180,000 $116 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,297/month

21 Days on Market

Highlights

  • Waterfront
  • Living Room
  • Central Air
  • Formal Dining Room
  • Accessibility Features
  • Family Room

About This Home

As of July 2022

Riverfront property! Check out this one of a kind property on the Kankakee River - Image all the outdoor activities you will have! Front covered porch leads you to the entrance -Great for staying out of the elements, and enjoying the evening relaxing! Large living room with hardwood flooring and great character as you step in to the formal DR with built ins and hardwood flooring. Mid century modern style kitchen with room to cook, and eat in area with sliders to the massive deck! Large family room at the back of the house, with sliders to the deck area, and unique character all of it's own! Second story with Large Master with built-ins and en suite, double closet and privacy! Two additional bedrooms on the 2nd floor, along with a full bath. Back yard with multi level deck - Dog run - raised garden beds. This could be your dream home! Call today for a private showing!

Last Agent to Sell the Property

Peter Grant

Berkshire Hathaway HomeServices Speckman Realty License #471008886 Listed on: 06/06/2022

Berkshire Hathaway HomeServices Speckman Realty

Last Buyer's Agent

Peter Grant

Berkshire Hathaway HomeServices Speckman Realty License #471008886 Listed on: 06/06/2022

Berkshire Hathaway HomeServices Speckman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,474

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 52x404
  • Waterfront
  • Property is zoned SINGL

Interior Spaces

  • 1,554 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessibility Features

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,474

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Accessibility Features: Bath Grab Bars
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1554
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 199900
  • Waterfront: Yes
  • Exterior Building Type: Cedar,Stucco

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 52X404
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 4474.06
  • Tax Year: 2021
  • Tax Exemptions: Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jul 20, 2022
Sold by
Terrence L Johnston Revocable Living Tru
Bought by
Stearns John Robert
Seller's Agent
Peter Grant
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Peter Grant
Berkshire Hathaway HomeServices Speckman Realty
List Price
$215,900
Sold Price
$180,000
Premium/Discount to List
-$35,900
-16.63%
Current Estimated Value
$206,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,474
Avg. Annual Appreciation
4.29%
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
Stearns John Robert -- Kankakee County Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $180,000 -10.0% $116 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $199,900 -7.4% $129 / Sq Ft
06/16/2022 06/16/22 For Sale $215,900 0.0% $139 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $215,900 -- $139 / 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 $6,423 $60,325 $6,689 $53,636
2023 $6,975 $53,742 $5,959 $47,783
2022 $4,897 $47,039 $5,216 $41,823
2021 $4,474 $42,569 $4,720 $37,849
2020 $3,988 $38,265 $4,243 $34,022
2019 $3,686 $35,595 $3,947 $31,648
2018 $3,422 $32,959 $3,655 $29,304
2017 $3,789 $32,234 $3,575 $28,659
2016 $3,514 $31,602 $3,505 $28,097
2015 $3,431 $32,247 $3,577 $28,670
2014 $3,305 $32,247 $3,577 $28,670
2013 -- $33,591 $3,726 $29,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11426467

Midwest Real Estate Data (MRED)

APN: 16-17-06-402-015