NOT LISTED FOR SALE

541 Michael Ave Crete, IL 60417

Estimated Value: $169,000 - $197,000

3 Beds
1.5 Baths
1,141 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $150,000 $131 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,357/month

3 Days on Market

Highlights

  • Ranch Style House
  • Double Oven
  • Living Room
  • Wood Flooring
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of April 2023

SOLID CONSTRUCTION but needs TLC... 3 BEDROOMS...1-1/2 BATHROOMS... FULL Basement with CONCRETE walls ... HARDWOOD FLOORS... 2 CAR DETACHED GARAGE... CENTRAL AIR CONDITIONING ... GREAT "IN-TOWN" LOCATION... For Sale "AS IS"...

Last Agent to Sell the Property

George Chandler

Coldwell Banker Realty License #475126622 Listed on: 03/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Kenneth Hoffman

Hoffman Realtors LLC License #471021471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,389

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 60 x 116
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Bungalow
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,141 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Recreation or Family Area in Basement

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Community Well
  • Water Softener is Owned

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,389

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow, Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Refrigerator, Water Softener, Gas Cooktop
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom
  • LivingArea: 1141
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1597
  • Basement Description: Partially Finished,Concrete (Basement),Rec/Family Area
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Square Footage Comments: 1,141sf for the 1st floor and the basement basement is 1,141sf
  • Total Sq Ft: 2282
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Wood Siding,Brick Veneer

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 60 X 116
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2389.32
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 5, 2023
Sold by
Revocable Trust
Bought by
Mobley Stephanie and Thusing Robert
Seller's Agent
George Chandler
Coldwell Banker Realty
Buyer's Agent
Kenneth Hoffman
Hoffman Realtors LLC
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%
Views
76
Current Estimated Value
$182,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,913
Avg. Annual Appreciation
8.42%
Original Mortgage
$145,500
Outstanding Balance
$141,291
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$45,294

Purchase Details

Closed on
Sep 12, 2021
Sold by
Clark Rita E and Clark Jeffrey
Bought by
Clark Rita and Rita Clark Revocable Trust

Purchase Details

Closed on
Jul 15, 2010
Sold by
Clark Wesley H and Clark Rita Ellen
Bought by
Clark Wesley H and Clark Rita E
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
Mobley Stephanie $150,000 Chicago Title
Clark Rita -- Chicago Title Insurance Co
Clark Wesley H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mobley Stephanie $145,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $150,000 +7.2% $131 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $139,900 -- $123 / 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 $4,747 $53,251 $9,490 $43,761
2023 $4,747 $47,550 $8,474 $39,076
2022 $2,295 $42,259 $7,531 $34,728
2021 $2,389 $38,691 $6,895 $31,796
2020 $2,482 $36,261 $6,462 $29,799
2019 $2,569 $34,080 $6,073 $28,007
2018 $2,593 $34,360 $5,942 $28,418
2017 $2,686 $31,654 $5,474 $26,180
2016 $2,688 $31,450 $5,439 $26,011
2015 $2,744 $30,608 $5,293 $25,315
2014 $2,744 $30,917 $5,346 $25,571
2013 $2,744 $32,398 $5,602 $26,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11737748

Midwest Real Estate Data (MRED)

APN: 23-15-17-208-008