NOT LISTED FOR SALE

640 S Wall St Kankakee, IL 60901

Estimated Value: $205,000 - $323,382

3 Beds
2 Baths
1,648 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $240,000 $146 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,904/month

3 Days on Market

Highlights

  • Boat Slip
  • Cape Cod Architecture
  • Deck
  • River Front
  • Mature Trees
  • Wood Flooring

About This Home

As of November 2021

This charming 3BD/2BA home provides the space you need inside and the space you WANT outside! Wait until you see the incredible panoramic view for yourself. The historic character of this home has been restored with the original hardwood floors, build in cabinets throughout, and scalloped entry ways. The front door opens to a bench with hooks and seating - perfect for guests to remove their shoes/coats. The living room is generously sized with light coming from the front windows. Through the scalloped entry, you'll go into the dining room with built-in cabinets in two corners. From the dining room, you can also walk out to the rear deck/background. Through the dining room is the updated kitchen with a full pantry closet and access to the basement. The full 34x29 basement was recently updated with Bright Wall Waterproof Panel System - fresh, clean, and safe space for decades to come. See the flyer details about what was done in the disclosure/documents downloads. The upstairs loft/office area is perfect for a kid's hang out, too! Speaking of kids, the floor in the loft area is from the old BBCHS gym floor. How's that for a community connection!? Upstairs, you'll find the second updated bathroom in the home along with two bedrooms. Be sure to see the built in drawers and window seat in the rear bedroom! The 9x14 deck is covered for the perfect hang out spot. Down the steps, and you'll discover the garden, the shed, and the fire pit. The garden is 16x24 with 3 raised bed areas. There's also a smoker that's remaining; the current homeowner has never used it. The shed is 8x12 and the garage is 12x20. There is a boat launch are with steps to the river at the very back on the property. No flood insurance. This is the only two-tiered property along Wall Street, too. The home is located near many of the West Side's amenities and roll out to the sidewalk to hit the Kankakee bike path to the state park or out past KCC. The Ring doorbell and Nest thermostat do stay with the home. Furnace/AC was replaced in 2008. Newer on demand water heater. Roof was new in 2013; garage roof NEW in 2021. Sump was installed in 2015 (never had one before; installed as a precautionary measure). All appliances DO stay. Updates made AFTER photos - all new concrete walkway to the north side of the home to eliminate water sloping toward the basement and also the front step is new concrete; radon mitigation system installed; whole house security system including boat house and garage; functioning electric winch on boat ramp; new concrete steps to lower tier of property; fresh paint on rear deck with new railings and sured up footings; new stove vent hood; new kitchen sink; new decorative black fencing around upper tier of backyard; new garage door opener; new garbage disposal. Recent survey will be provided to buyers. Home warranty is transferable to new buyers for $35 and it's good through January 2023. Recent home inspection, radon test results, and termite inspection can be provided to buyers who present a contract as well.

Last Agent to Sell the Property

Marla Good

Keller Williams Preferred Realty License #471009785 Listed on: 09/20/2021

Keller Williams Preferred Realty

Last Buyer's Agent

Phillip Dixon

Compass License #475161022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,209

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x170x50x180
  • River Front
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tideland Water Rights
  • Boat Slip
  • Deck
  • Brick Porch or Patio
  • Fire Pit
  • Shed
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,209

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Bookcases, Historic/Period Mlwk, Separate Dining Room
  • LivingArea: 1648
  • Room Type: Foyer, Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Deck, Patio, Brick Paver Patio, Boat Slip, Outdoor Grill, Fire Pit
  • List Price: 250000
  • Lot Features: River Front, Water Rights, Mature Trees, Waterfront
  • OtherStructures: Shed(s)
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Gravel
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X170X50X180
  • 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: 4208.76
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 2, 2021
Sold by
Groop and Kristin
Bought by
Malone Morgan
Seller's Agent
Marla Good
Keller Williams Preferred Realty
Buyer's Agent
Phillip Dixon
Compass
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$252,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,346
Avg. Annual Appreciation
1.92%
Original Mortgage
$228,000
Outstanding Balance
$212,159
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$46,038

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 23, 2021
Sold by
Jensen Angela M
Bought by
Groop Lawrence and Groop Kristin
Seller's Agent
Marla Good
Keller Williams Preferred Realty
Buyer's Agent
Marla Good
Keller Williams Preferred Realty
List Price
$189,900
Sold Price
$230,000
Premium/Discount to List
$40,100
21.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%

Purchase Details

Listed on
Nov 13, 2013
Closed on
Dec 30, 2013
Sold by
Rewerts Kyle A and Rewerts Laura F
Bought by
Jensen Angela M
Seller's Agent
Lori Naese
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Pamela Baron
Nugent Curtis Real Estate LLC
List Price
$124,900
Sold Price
$121,500
Premium/Discount to List
-$3,400
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
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
Malone Morgan $240,000 Kankakee County Title
Groop Lawrence $230,000 Kankakee County Title
Jensen Angela M $121,500 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Morgan $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $240,000 -4.0% $146 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $250,000 +8.7% $152 / Sq Ft
07/23/2021 07/23/21 Sold $230,000 +21.1% $140 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $189,900 +56.3% $115 / Sq Ft
12/30/2013 12/30/13 Sold $121,500 -2.7% $80 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
11/13/2013 11/13/13 For Sale $124,900 -- $82 / 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 $6,482 $54,825 $9,803 $45,022
2023 $6,245 $48,842 $8,733 $40,109
2022 $5,809 $42,750 $7,644 $35,106
2021 $4,633 $38,688 $6,918 $31,770
2020 $4,209 $34,775 $6,218 $28,557
2019 $3,948 $32,349 $5,784 $26,565
2018 $3,733 $29,953 $5,356 $24,597
2017 $4,157 $29,294 $5,238 $24,056
2016 $3,876 $28,719 $5,135 $23,584
2015 $3,763 $29,305 $5,240 $24,065
2014 $3,626 $29,305 $5,240 $24,065
2013 -- $30,526 $5,458 $25,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11222526

Midwest Real Estate Data (MRED)

APN: 16-17-06-212-035