NOT LISTED FOR SALE

514 Campbell St Unit ST516 Joliet, IL 60435

Cathedral Area Neighborhood

Estimated Value: $259,000 - $300,000

6 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $220,000

Est. 26% increase in value since last sale

Current estimated payment $2,033/month

3 Days on Market

Highlights

  • The property is located in a historic district
  • Porch
  • Entrance Foyer
  • Farmhouse Style Home
  • Attached Garage
  • Property is near a bus stop

About This Home

As of May 2021

2 units, 2 bed 1 bath and a 4 bed 1 bath, fully rented month to month with two deep 1 car garages, and common area ready for laundry to be added. TONS of updates in 2019: new furnaces, new electric panels, all new windows, new garage roof, new sump pump, new plumbing in 514, and more. 516 Campbell has original woodwork. City inspection and certification in 2019. This property is the perfect solution for in-law living or rent one unit to cover your mortgage! Pictures coming soon.

Last Agent to Sell the Property

Jeff Jakob

Coldwell Banker Real Estate Group License #475176651 Listed on: 03/08/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jose Leon

RE/MAX Partners License #475155330

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,777

Year Built | Renovated

  • 1890 | 2019

Lot Details

  • 7,405

Parking

  • Attached Garage
  • Parking Available
  • Off Alley Parking
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Location

  • Property is near a bus stop
  • The property is located in a historic district

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Entrance Foyer
  • Porch

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,777

Year Built | Renovated

1890 | 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access, Historical District
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 2
  • Style Of House: Farmhouse
  • Zoning Type: MULTI
  • Estimated Year Built: 1890
  • Tax Exemptions: Homeowner
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890
  • Year Renovated: 2019

Interior Features

  • Number Of Rooms: 11
  • Equipment: CO Detectors, Sump Pump, Multiple Water Heaters
  • Basement: Full
  • Basement: Unfinished, Cellar
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6
  • Additional Rooms: Foyer

Exterior Features

  • Foundation: Stone
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch
  • Acreage: 0.17

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage, Space/s
  • Parking Details: Off Alley
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 204
  • Elementary School: Farragut Elementary School
  • Middle School: Dirksen Junior High School
  • High School: Joliet Central High School
  • Junior High Dist: 86

Lot Info

  • Lot Dimensions: 59X126X60X127
  • Parcel Identification Number: 3007093180050000

Rental Info

  • Gross Rental Income: 26700
  • Total Rental Income: 26700

Multi Family

  • Total Number Unitsin Building: 2
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 2

Tax Info

  • Taxes: 4664.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 5, 2021
Sold by
Jakob Fred J
Bought by
Guzman Ernesto
Seller's Agent
Jeff Jakob
Coldwell Banker Real Estate Group
Buyer's Agent
Jose Leon
RE/MAX Partners
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Total Days on Market
3
Current Estimated Value
$277,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,858
Avg. Annual Appreciation
5.86%
Original Mortgage
$201,465
Outstanding Balance
$184,891
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$92,967

Purchase Details

Listed on
Aug 9, 2018
Closed on
Mar 18, 2019
Sold by
Western Ventures Llc
Bought by
Jakob Fred J
Seller's Agent
Tanya Rand
Keller Williams Innovate
Buyer's Agent
Jeff Jakob
Coldwell Banker Real Estate Group
List Price
$175,000
Sold Price
$137,000
Premium/Discount to List
-$38,000
-21.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.90%
Original Mortgage
$159,522
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2008
Sold by
Widener Robert and Barbel David
Bought by
Western Ventures Llc

Purchase Details

Closed on
Nov 2, 2007
Sold by
Vonperbandt Jennifer and Cruise Nancy
Bought by
Widener Robert and Barbel David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2006
Sold by
Vasquez Teresa and Vonperbandt Wayne
Bought by
Vonperbandt Jennifer and Cruise Nancy

Purchase Details

Closed on
Aug 11, 2004
Sold by
Miller Jason and Miller Michelle
Bought by
Wayne Vasquez Teresa and Wayne Vonperbant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,325
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
U S Bank Na
Bought by
Corcoran Thomas C and Miller Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Guzman Ernesto $220,000 Gmt Title Agency
Jakob Fred J $137,000 First American Title
Western Ventures Llc -- None Available
Widener Robert $163,000 First American Title
Vonperbandt Jennifer -- Chicago Title Insurance Co
Wayne Vasquez Teresa $139,500 Chicago Title Insurance Co
Corcoran Thomas C $104,000 Greater Illinois Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Ernesto $201,465
Previous Owner Jakob Fred J $159,522
Previous Owner Widener Robert $130,400
Previous Owner Wayne Vasquez Teresa $125,325
Previous Owner Corcoran Thomas C $93,600
Previous Owner Firstar Bank Illinois $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $220,000 -4.3% --
03/11/2021 03/11/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $230,000 +67.9% --
03/20/2019 03/20/19 Sold $137,000 -11.6% --
12/30/2018 12/30/18 Pending -- -- --
11/16/2018 11/16/18 Price Changed $155,000 -11.4% --
11/06/2018 11/06/18 For Sale $175,000 +27.7% --
10/02/2018 10/02/18 Off Market $137,000 -- --
08/09/2018 08/09/18 For Sale $175,000 -- --
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 $5,777 $68,390 $10,213 $58,177
2022 $5,159 $61,863 $9,238 $52,625
2021 $5,430 $57,778 $8,628 $49,150
2020 $4,904 $52,228 $8,194 $44,034
2019 $4,664 $48,539 $7,615 $40,924
2018 $4,469 $44,853 $7,037 $37,816
2017 $4,212 $40,779 $6,398 $34,381
2016 $4,035 $37,541 $5,866 $31,675
2015 -- $35,200 $5,500 $29,700
2014 -- $35,000 $5,450 $29,550
2013 -- $37,138 $6,042 $31,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11014695

Midwest Real Estate Data (MRED)

APN: 07-09-318-005