NOT LISTED FOR SALE

588 Exchange Ave Calumet City, IL 60409

Estimated Value: $192,000 - $270,000

3 Beds
2 Baths
1,350 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $133,900 $99 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,442/month

57 Days on Market

Highlights

  • Property is near a forest
  • Fenced Yard
  • Porch
  • Ranch Style House
  • Detached Garage
  • Breakfast Bar

About This Home

As of June 2019

Meticulously maintained, exceptionally clean solid brick raised ranch with 2.5 garage. Both ROOF and WINDOWS new (2018). Water heater, A/C, and furnace replaced (2012). 3 large bedrooms with hardwood flooring. Two of the bedrooms have large extra deep closets. Finished basement with full bar and tons of storage space! Partially fenced in back yard with both a concrete patio and a yard. A few minutes drive to Interstate 94, schools, and shopping. ANY Items/appliances currently in the house can be included in the purchase per the buyers request. (Excluding couch, pool table, and TV in basement.) With Homestead Exemption taxes are approximately $5,500. Don't wait. This one won't be around long...

Last Agent to Sell the Property

Colleen Berg

Berg Properties License #471019976 Listed on: 02/04/2019

Last Buyer's Agent

Tabitha Wilkins

Tabs Realty Group LLC License #471010019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,528

Year Built

  • 1975

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Dry Bar
  • Workroom
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Kitchen Island

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a forest
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $670 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,528

Year Built

1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1350
  • Unfinished Basement Sq Ft: 800
  • Style Of House: Ranch
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Total Sq Ft: 2700
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Interior Property Features: Bar-Dry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X18, On Level: Main Level, Flooring: Other, Windows: Blinds
  • Appliances: Microwave, Refrigerator, Washer, Dryer, Cooktop, Oven/Built-in
  • Equipment: TV-Cable, Security System, Sump Pump
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X22, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 11X20, On Level: Main Level, Flooring: Vinyl, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Workroom
  • Master Bedroom: Dimensions: 10X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Work Rm, Dimensions: 8X6, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 9X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1350
  • Estimated Total Finished Sq Ft: 1900
  • Basement Sq Ft: 1350
  • Basement Finished Sq Ft: 550
  • Main Level Sq Ft: 1350
  • Family Room: Dimensions: 12X37, On Level: Basement, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch
  • Exposure: E (East)
  • Acreage: 0.1166

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 215
  • Elementary School: Wilson Elementary School
  • Middle School: Wentworth Junior High School
  • High School: Thornton Fractnl So High School
  • Junior High Dist: 155

Lot Info

  • Lot Dimensions: 5080
  • Lot Description: Fenced Yard, Forest Preserve Adjacent
  • Parcel Identification Number: 30073210210000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Jun 14, 2019
Sold by
Mcvey Michael D and Mcvey Jesseme
Bought by
Adebayo Adeyemi and Adebayo Abosede
Seller's Agent
Colleen Berg
Berg Properties
Buyer's Agent
Tabitha Wilkins
Tabs Realty Group LLC
List Price
$133,900
Sold Price
$133,900
Current Estimated Value
$224,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,082
Avg. Annual Appreciation
7.65%
Original Mortgage
$131,474
Outstanding Balance
$117,895
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$94,161

Purchase Details

Closed on
Jan 9, 2019
Sold by
Drexler Annerose and Drexler Wermer
Bought by
Mcvey Jesseme and Mcvey Michael D
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
Adebayo Adeyemi $134,000 Chicago Title
Mcvey Jesseme $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adebayo Adeyemi $131,474
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $133,900 0.0% $99 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $133,900 0.0% $99 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $133,900 -- $99 / 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 $7,528 $15,000 $2,794 $12,206
2023 $6,599 $15,000 $2,794 $12,206
2022 $6,599 $11,608 $2,413 $9,195
2021 $6,417 $11,607 $2,413 $9,194
2020 $8,438 $11,607 $2,413 $9,194
2019 $3,399 $10,621 $2,032 $8,589
2018 $0 $10,621 $2,032 $8,589
2017 $0 $10,621 $2,032 $8,589
2016 $1,256 $10,262 $1,905 $8,357
2015 $1,296 $10,262 $1,905 $8,357
2014 $1,382 $10,262 $1,905 $8,357
2013 $1,156 $11,896 $1,905 $9,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10263664

Midwest Real Estate Data (MRED)

APN: 30-07-321-021-0000