NOT LISTED FOR SALE

652 W Merchant St Kankakee, IL 60901

Estimated Value: $47,670 - $104,000

2 Beds
1 Bath
900 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $31,000 $34 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $519/month

15 Days on Market

Highlights

  • Cape Cod Architecture
  • Laundry Room
  • Dining Room
  • Living Room
  • Ranch Style House
  • 4-minute walk to Kankakee Valley Park District

About This Home

As of July 2023

Calling all investors! This house would make a great rental. It's right behind St. Mary's and the ball field. The home is being sold "as-is".

Last Agent to Sell the Property

Babatunde Adubifa

Premier Midwest Realty, INC Listed on: 06/24/2023

Last Buyer's Agent

Jennifer Avalos

Village Realty Inc License #475205164

Village Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,336

Lot Details

  • 2,483 Sq Ft Lot

Home Design

  • Cape Cod Architecture
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,336

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch, Cape Cod
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • 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

Lot Info

  • Lot Size Acres: 0.057
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1335.52
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2023
Closed on
Jul 25, 2023
Sold by
Pryor Rhavontee
Bought by
Damian Maria
Seller's Agent
Babatunde Adubifa
Premier Midwest Realty, INC
Buyer's Agent
Jennifer Avalos
Village Realty Inc
List Price
$44,999
Sold Price
$31,000
Premium/Discount to List
-$13,999
-31.11%
Views
169
Current Estimated Value
$76,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,168
Avg. Annual Appreciation
43.90%

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 24, 2021
Sold by
Kent Kevin L
Bought by
Pryor Rhavontee
Seller's Agent
Abby Magruder
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Andre Wallace
Coldwell Banker Realty
List Price
$32,000
Sold Price
$15,000
Premium/Discount to List
-$17,000
-53.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Damian Maria $31,000 Kankakee County Title
Pryor Rhavontee $15,000 Homestar Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2023 07/25/23 Sold $31,000 -31.1% $34 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/24/2023 06/24/23 For Sale $44,999 +200.0% $50 / Sq Ft
03/26/2021 03/26/21 Sold $15,000 -31.8% $17 / Sq Ft View Prior Sale
02/21/2021 02/21/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $22,000 -31.3% $24 / Sq Ft
02/12/2021 02/12/21 For Sale $32,000 -- $36 / 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 $1,490 $12,604 $2,370 $10,234
2023 $1,436 $11,228 $2,111 $9,117
2022 $1,336 $9,828 $1,848 $7,980
2021 $1,260 $8,894 $1,672 $7,222
2020 $1,169 $7,995 $1,503 $6,492
2019 $1,114 $7,437 $1,398 $6,039
2018 $1,073 $6,886 $1,294 $5,592
2017 $1,202 $6,735 $1,266 $5,469
2016 $1,126 $6,603 $1,241 $5,362
2015 $1,088 $6,737 $1,266 $5,471
2014 $1,048 $6,737 $1,266 $5,471
2013 -- $8,256 $1,319 $6,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11816441

Midwest Real Estate Data (MRED)

APN: 16-09-32-332-005