NOT LISTED FOR SALE

516 W Corning Ave Peotone, IL 60468

Peotone Area

Estimated Value: $321,000 - $375,009

3 Beds
2 Baths
2,085 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: November 11, 2021

Last sale price $283,000 $136 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,416 / mo

69 Days on Market

Highlights

  • Living Room with Fireplace
  • Attached Garage
  • 1-Story Property

About This Home

As of November 2021

Custom built 1 owner, pet free, single level, 3 bedroom, 2 bathrooms, with full basement and a fire place. Home has been well maintained throughout the years; new roof, gutters, gutter guards 2021, furnace and air conditioner less than 2 yrs old, professionally maintained and designed landscaping. Other features of this home include a four season room full of windows, large deck, a fire place, vaulted ceilings with tons of natural light, and main level laundry. The spacious master bedroom has a huge walk in closet, and a full master bath with separate shower and tub and dual sinks. Great opportunity to have a truly custom home in a great location walking distance to nearly everything in town; and just a couple blocks from nearly all the district schools.

Last Agent to Sell the Property

Adam Jones

Jones Real Estate License #471008832 Listed on: 07/28/2021

Last Buyer's Agent

Nicholas Rife

Rife Realty License #471022567

Range of Values:

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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 Details

Home Type

  • Single Family

Year Built

  • 1990

Lot Details

  • 0.28

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Home Details

Home Type

Single Family

Year Built

1990

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Peotone Wilmington Road to Rathje. Turn East on Corning, home on south side of street just before the stop sign.
  • Lot Size: 92.6 X 129.9
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Cedar,Wood Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 207U

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5350
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 5, 2021
Sold by
Bought by
Seller's Agent
Adam Jones
Jones Real Estate
Buyer's Agent
Nicholas Rife
Rife Realty
List Price
$305,000
Sold Price
$283,000
Premium/Discount to List
-$22,000
-7.21%
Current Estimated Value
$353,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,752
Avg. Annual Appreciation
4.78%
Original Mortgage
$181,000
Outstanding Balance
$163,354
Interest Rate
3.24%
Mortgage Type
New Conventional
Estimated Equity
$190,398

Purchase Details

Closed on
Oct 30, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$281,000 Chicago Title Ins Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $181,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/11/2021 11/11/21 Sold $283,000 0.0% $136 / Sq Ft
10/28/2021 10/28/21 Off Market $283,000 -- --
10/06/2021 10/06/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $305,000 -- $146 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,699 $104,483 $20,615 $83,868
2023 $5,419 $104,742 $27,266 $77,476
2022 $5,567 $94,490 $24,597 $69,893
2021 $5,294 $87,321 $22,731 $64,590
2020 $5,122 $82,926 $21,587 $61,339
2019 $5,350 $82,926 $21,587 $61,339
2018 $5,718 $82,926 $21,587 $61,339
2017 $5,582 $80,745 $21,019 $59,726
2016 $5,493 $79,162 $20,607 $58,555
2015 $5,775 $76,559 $19,929 $56,630
2014 $5,775 $76,559 $19,929 $56,630
2013 $5,775 $77,107 $20,072 $57,035
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11171560

Midwest Real Estate Data (MRED)

APN: 17-20-24-301-017

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