$137,000
SOLD MAR 20, 2019

514 Campbell St Unit ST516 Joliet, IL 60435

Cathedral Area Neighborhood
6 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

22% Below List Price

143 Days on Market

Highlights

  • Farmhouse Style Home
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Porch
  • Entrance Foyer
  • Paved or Partially Paved Lot

About This Home

As of May 2021

Motivated seller!! Profitable 2-flat with separate mailing addresses, 1 pin. Certified by the city of Joliet. 514 Campbell is 2 bdrm, 1 bath ($900/month rent) with a mid-century vibe. 516 Campbell is 3 or 4 bdrm, 1 bath ($1,100/month rent) with gorgeous historical woodwork. Best of both worlds. Recently updated bathrooms. Garage may be used for additional revenue. Wouldn't it be great to have your mortgage covered by a renter who is not above you and doesn't share a door?

Last Agent to Sell the Property

Tanya Rand

Keller Williams Innovate License #475179468 Listed on: 08/09/2018

Keller Williams Innovate

Last Buyer's Agent

Jeff Jakob

Coldwell Banker Real Estate Group License #475176651

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 1890 | Remodeled in 2016

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 59x126x60x127
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Schools

  • Farragut Elementary School
  • Dirksen Junior High School
  • Joliet Central High School

Additional Features

  • Entrance Foyer
  • Porch
  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,212

Year Built

Built in 1890 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Room Type: Foyer
  • Basement Description: Unfinished,Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Stone
  • List Price: 155000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: FARRAGUT ELEMENTARY SCHOOL
  • High School: JOLIET CENTRAL HIGH SCHOOL
  • Middle/Junior School: DIRKSEN JUNIOR HIGH SCHOOL
  • Middle/Junior School District: 86

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 59X126X60X127
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Multi Family

  • GrossIncome: 24000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4212
  • Tax Year: 2017
  • Tax Exemptions: None

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%
Current Estimated Value
$292,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,481
Avg. Annual Appreciation
6.59%
Original Mortgage
$201,465
Outstanding Balance
$183,759
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$106,504

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

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    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 Gmt Title Agency
Warranty Deed $137,000 First American Title
Quit Claim Deed -- None Available
Warranty Deed $163,000 First American Title
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $139,500 Chicago Title Insurance Co
Deed $104,000 Greater Illinois Title Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,465 FHA
Previous Owner $159,522 FHA
Previous Owner $130,400 Purchase Money Mortgage
Previous Owner $125,325 Purchase Money Mortgage
Previous Owner $93,600 Purchase Money Mortgage
Previous Owner $60,000 Unknown
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: 10047504

Midwest Real Estate Data (MRED)

APN: 30-07-09-318-005