NOT LISTED FOR SALE

554 Elwood Ave Joliet, IL 60432

Northeast Joliet Neighborhood

Estimated Value: $207,000 - $258,000

3 Beds
2.5 Baths
1,428 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $199,900 $140 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,539/month

16 Days on Market

Highlights

  • 1 Car Detached Garage
  • Ramp on the main level
  • Accessibility Features
  • Storage Room

About This Home

As of November 2023

Spacious single family home with great potential, ideal for an inlaw suite. 1st floor features, living room, kitchen, full bath, 1 bedroom, and a nice enclosed porch. Second floor features family room, a full bath and 2 bedrooms. Basement has 2 rooms that can be used for storage, utility room, washer and dryer and a half bathroom. Property has a ramp for wheelchair access, nice backyard and 1 car garage. Recent updates new flooring throughout home, baseboards, freshly painted throughout and new doors. Close to shopping, school, restaurants and more.

Last Agent to Sell the Property

Octavio Martinez

HomeSmart Connect LLC License #475142358 Listed on: 10/14/2023

HomeSmart Connect LLC

Last Buyer's Agent

Ronny Picado

Chicagoland Brokers, Inc. License #475108625

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,649

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41x131x41x131

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • 2-Story Property
  • Storage Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Accessible Home Design

  • Accessibility Features
  • Ramp on the main level
  • Wheelchair Ramps

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,649

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Accessibility Features: Ramp - Main Level, Wheelchair Ramp(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1428
  • Room Type: Storage, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1428
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 199900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan, 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: 86

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 41X131X41X131
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3649.26
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
Nov 27, 2023
Sold by
E & R Properties Llc
Bought by
Cruz Enrique
Seller's Agent
Octavio Martinez
HomeSmart Connect LLC
Buyer's Agent
Ronny Picado
Chicagoland Brokers, Inc.
List Price
$199,900
Sold Price
$199,900
Views
171
Current Estimated Value
$235,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,211
Avg. Annual Appreciation
9.49%
Original Mortgage
$6,000
Interest Rate
7.63%

Purchase Details

Closed on
Dec 22, 2021
Sold by
Sheriff Of Will County
Bought by
E & R Properties Llc

Purchase Details

Closed on
Nov 6, 2019
Sold by
E & R Properties Llc
Bought by
E & R Properties Llc

Purchase Details

Closed on
Jun 30, 2006
Sold by
Padilla Peter and Padilla Baudelia
Bought by
Foote Rosa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,400
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cruz Enrique $199,900 None Listed On Document
E & R Properties Llc $86,500 Sara J Gray Pc
E & R Properties Llc $86,500 None Available
Foote Rosa P $116,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cruz Enrique $6,000
Open Cruz Enrique $189,905
Previous Owner Foote Rosa P $115,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $199,900 0.0% $140 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/14/2023 10/14/23 For Sale $199,900 -- $140 / 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 $3,448 $49,167 $9,065 $40,102
2023 $3,448 $43,684 $8,054 $35,630
2022 $3,649 $39,515 $7,285 $32,230
2021 $2,905 $36,906 $6,804 $30,102
2020 $2,727 $35,049 $6,462 $28,587
2019 $2,554 $32,574 $6,006 $26,568
2018 $2,313 $29,217 $5,388 $23,829
2017 $2,124 $26,564 $4,899 $21,665
2016 $1,934 $23,996 $4,479 $19,517
2015 $1,903 $22,500 $4,200 $18,300
2014 $1,903 $22,400 $4,200 $18,200
2013 $1,903 $24,268 $4,667 $19,601
Source: Public Records

Agents Affiliated with this Home

  • Octavio Martinez

    Seller's Agent in 2023

    Octavio Martinez

    HomeSmart Connect LLC

    (224) 639-5090

    1 in this area

    186 Total Sales

    Octavio Martinez
    Section Image

  • R

    Buyer's Agent in 2023

    Ronny Picado

    Chicagoland Brokers, Inc.

    (773) 386-1753

    1 in this area

    61 Total Sales

    Ronny Picado
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11906767

Midwest Real Estate Data (MRED)

APN: 30-07-10-206-003

Illinois Will County Joliet 60432 Northeast Joliet

554 Elwood Ave, Joliet, IL

This home is located at 554 Elwood Ave, Joliet, IL 60432 since 14 October 2023 and is currently estimated at $235,111, approximately $164 per square foot. This property was built in 1900. 554 Elwood Ave is a home located in Will County with nearby schools including Sator Sanchez Elementary School, Gompers Junior High School, and Joliet Central High School.

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