NOT LISTED FOR SALE

514 Davis St Park Forest, IL 60466

Estimated Value: $204,000 - $295,000

3 Beds
3 Baths
1,600 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $119,000 $74 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,455/month

84 Days on Market

Highlights

  • Contemporary Architecture
  • Detached Garage
  • Breakfast Bar
  • Wood Flooring
  • Galley Kitchen
  • Central Air

About This Home

As of September 2016

Buy this great home for as little as 1% down! Enjoy the open floor plan and large spaces in this well cared for home. Freshly painted interior with newer carpeting, hardwood floors and bright kitchen! Total living space with finished basement is over 2000 sq feet! Custom patio doors open to large patio area! Walk out basement. Roof is less then 4 yrs old, H/W tank 3 yrs, all new copper water pipes and Brand new Furnace! Large fenced lot great for kids and family parties!

Last Agent to Sell the Property

Thomas Wallace

Infiniti Properties, Inc. Listed on: 05/24/2016

Last Buyer's Agent

Marina Reyes

Coldwell Banker Residential

Coldwell Banker Residential

Home Details

Home Type

  • Single Family

Year Built

  • 1965

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonite

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Primary Bathroom is a Full Bathroom
  • Finished Basement Bathroom
  • Southern Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Contemporary
  • Type Detached: Split Level
  • Estimated Year Built: 1965
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X23, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Attic: Full, Unfinished
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X12, On Level: Basement, Flooring: Other, Windows: Curtains/Drapes
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 18X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X14, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 10X14, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X9, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1600
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 14X22, On Level: Basement, Flooring: Carpet, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame, Masonite
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: S (South)
  • Acreage: 0.1873

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 162

Lot Info

  • Lot Dimensions: 65 X 150
  • Parcel Identification Number: 31234310110000

Tax Info

  • Taxes: 6291.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Sep 30, 2016
Sold by
Doerr William A and Doerr Sally A
Bought by
Ipina Juan J and Ipina Corin
Seller's Agent
Thomas Wallace
Infiniti Properties, Inc.
Buyer's Agent
Marina Reyes
Coldwell Banker Residential
List Price
$115,000
Sold Price
$119,000
Premium/Discount to List
$4,000
3.48%
Current Estimated Value
$233,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,664
Avg. Annual Appreciation
7.56%
Original Mortgage
$116,844
Outstanding Balance
$92,013
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$141,651

Purchase Details

Closed on
Aug 9, 2002
Sold by
Reid Mark J and Reid Tammy L
Bought by
Doerr William A and Doerr Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.62%

Purchase Details

Closed on
Oct 16, 1998
Sold by
Standard Bank & Trust Company
Bought by
Reid Mark J and Reid Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,850
Interest Rate
6.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ipina Juan J $119,000 Chicago Title Insurance Comp
Doerr William A -- Ticor Title
Reid Mark J $119,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ipina Juan J $116,844
Previous Owner Doerr William A $121,000
Previous Owner Reid Mark J $117,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $119,000 -0.8% $74 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
06/20/2016 06/20/16 Price Changed $120,000 +4.3% $75 / Sq Ft
05/24/2016 05/24/16 For Sale $115,000 -- $72 / 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
2025 $8,893 $17,000 $3,264 $13,736
2024 $8,893 $17,000 $3,264 $13,736
2023 $8,793 $17,000 $3,264 $13,736
2022 $8,793 $11,795 $2,856 $8,939
2021 $8,877 $11,794 $2,856 $8,938
2020 $8,286 $11,794 $2,856 $8,938
2019 $7,704 $12,009 $2,652 $9,357
2018 $7,502 $12,009 $2,652 $9,357
2017 $10,210 $12,009 $2,652 $9,357
2016 $6,719 $10,626 $2,448 $8,178
2015 $6,463 $10,626 $2,448 $8,178
2014 $6,291 $10,626 $2,448 $8,178
2013 $6,371 $11,760 $2,448 $9,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09236081

Midwest Real Estate Data (MRED)

APN: 31-23-431-011-0000