NOT LISTED FOR SALE

551 W Mertens St Kankakee, IL 60901

Estimated Value: $149,000 - $176,727

3 Beds
1 Bath
1,580 Sq Ft
$102/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $131,000 $83 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,235/month

85 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Laundry Room
  • Central Air
  • Family Room

About This Home

As of April 2023

Move in ready! This 3 bedroom, 1 bath home has plenty of space inside and out with a large fenced in back yard, front and back porch, matching shed for storage or hobbies, huge living room with tons of windows and glass filled french doors. Get some rest in one of three bedrooms on one end of the house, hang out in the spacious front family room or relax in the large back living room enjoying the natural beauty through all the widows and glass french doors. New flooring throughout, except front room and hall, paint throughout, all utilities serviced, inspected and new countertops. Ask about out Financing options available.

Last Agent to Sell the Property

Stephen Styck

Styken Real Estate and Property Management License #471021538 Listed on: 12/03/2022

Last Buyer's Agent

David Fuentes

American International Realty

American International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1955 | Remodeled in 2022

Lot Details

  • Lot Dimensions are 50x144
  • Property is zoned SINGL

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,909

Year Built

Built in 1955 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Range
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1580
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 129900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 50X144
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 3909.16
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
Apr 24, 2023
Sold by
Roco Real Estate Solutions Llc
Bought by
Palacio Mark A
Seller's Agent
Stephen Styck
Styken Real Estate and Property Management
Buyer's Agent
David Fuentes
American International Realty
List Price
$152,400
Sold Price
$131,000
Premium/Discount to List
-$21,400
-14.04%
Views
495
Current Estimated Value
$161,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,932
Avg. Annual Appreciation
8.85%
Original Mortgage
$128,622
Outstanding Balance
$125,380
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$36,552

Purchase Details

Closed on
Apr 2, 2021
Sold by
Jazz Up Indy Inc
Bought by
Roco Real Estate Solutions Llc

Purchase Details

Closed on
Mar 4, 2021
Sold by
Rv Holdings Three Llc
Bought by
Jazz Up Indy Inc

Purchase Details

Closed on
Jul 10, 2013
Sold by
Deutsche Bk Nat 2004 & W5
Bought by
Rv Holdings Three Llc
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
Palacio Mark A $131,000 Burnet Title
Roco Real Estate Solutions Llc $15,000 None Listed On Document
Jazz Up Indy Inc $10,000 Kc Wilson & Associates
Rv Holdings Three Llc $19,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacio Mark A $128,622
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $131,000 +0.8% $83 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
12/25/2022 12/25/22 Price Changed $129,900 -7.1% $82 / Sq Ft
12/19/2022 12/19/22 Price Changed $139,900 -4.8% $89 / Sq Ft
12/11/2022 12/11/22 Price Changed $147,000 -3.5% $93 / Sq Ft
12/03/2022 12/03/22 For Sale $152,400 -- $96 / 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 $4,621 $39,088 $4,931 $34,157
2023 $4,453 $34,822 $4,393 $30,429
2022 $4,142 $30,479 $3,845 $26,634
2021 $3,909 $27,583 $3,480 $24,103
2020 $3,626 $24,794 $3,128 $21,666
2019 $3,456 $23,064 $2,910 $20,154
2018 $3,328 $21,355 $2,694 $18,661
2017 $3,727 $20,885 $2,635 $18,250
2016 $3,493 $20,475 $2,583 $17,892
2015 $3,374 $20,893 $2,636 $18,257
2014 $3,422 $21,993 $2,636 $19,357
2013 -- $25,455 $2,746 $22,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11682558

Midwest Real Estate Data (MRED)

APN: 16-09-32-103-010