NOT LISTED FOR SALE

579 S May Ave Kankakee, IL 60901

Estimated Value: $139,000 - $196,000

2 Beds
1 Bath
1,072 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $39,500 $37 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $1,071/month

31 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • 2-minute walk to River Road Park

About This Home

As of July 2015

Two bedroom one and half story home on the west side of the City of Kankakee. Full basement. Two car detached garage. Affordable living with lots of potential in a convenient location at the edge of town. This is a Fannie Mae Homepath Property. Sold As Is. Seller does not pay for or provide survey or survey affidavit. General real estate taxes prorated at 100% of the most recent full tax bill.

Last Agent to Sell the Property

Mary Peeken

Berkshire Hathaway HomeServices Speckman Realty License #475130362 Listed on: 05/05/2015

Last Buyer's Agent

Michelle Janczak

Pease Real Estate License #471000232

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,161

Year Built

  • 1928

Lot Details

  • 7,492

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Vinyl Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,161

Year Built

1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1.5 Story
  • Zoning Type: SINGL
  • Estimated Year Built: 1928
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 14X23, On Level: Main Level, Flooring: Carpet, Windows: None
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 17X8, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X16, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1072

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 111
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 50 X 150
  • Parcel Identification Number: 16170611601500

Tax Info

  • Taxes: 4368.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2017
Sold by
Municipal Trust & Savings Bank
Bought by
Trust Number 2231
Current Estimated Value
$166,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,414
Outstanding Balance
$115,774
Interest Rate
5.75%
Mortgage Type
Seller Take Back
Estimated Equity
$52,981

Purchase Details

Closed on
Jul 19, 2017
Sold by
Sheriff Of Kankakee County
Bought by
Municipal Trust & Saving Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,414
Outstanding Balance
$115,774
Interest Rate
5.75%
Mortgage Type
Seller Take Back
Estimated Equity
$52,981
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Trust Number 2231 $315,000 --
Municipal Trust & Saving Bank $350,326 Grotevant Jeffrey A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trust Number 2231 $390,414
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $39,500 -12.2% $37 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $45,000 -- $42 / 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 $7,161 $60,566 $5,634 $54,932
2023 $6,899 $53,956 $5,019 $48,937
2022 $6,418 $47,226 $4,393 $42,833
2021 $6,057 $42,739 $3,976 $38,763
2020 $5,619 $38,417 $3,574 $34,843
2019 $5,355 $35,737 $3,325 $32,412
2018 $5,156 $33,090 $3,079 $30,011
2017 $5,775 $32,362 $3,011 $29,351
2016 $5,412 $31,727 $2,952 $28,775
2015 $5,503 $34,078 $3,012 $31,066
2014 $4,368 $34,078 $3,012 $31,066
2013 -- $35,498 $3,138 $32,360
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mary Peeken

    Berkshire Hathaway HomeServices Speckman Realty

    Section Image

  • M

    Buyer's Agent in 2015

    Michelle Janczak

    Pease Real Estate

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08913710

Midwest Real Estate Data (MRED)

APN: 16-17-06-116-015

Illinois Kankakee County Kankakee 60901

579 S May Ave, Kankakee, IL

This home is located at 579 S May Ave, Kankakee, IL 60901 since 05 May 2015 and is currently estimated at $166,107, approximately $154 per square foot. This property was built in 1928. 579 S May Ave is a home located in Kankakee County with nearby schools including Kennedy Middle Grade School, Taft Primary School, and Kankakee Junior High School.

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