NOT LISTED FOR SALE

7040 W 114th St Worth, IL 60482

Estimated Value: $295,994 - $328,000

3 Beds
2 Baths
1,832 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $120,000 $66 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,219/month

66 Days on Market

Highlights

  • Formal Dining Room
  • Worth Jr High School Rated 9+
  • Central Air

About This Home

As of October 2012

Deals all gone? I think not! Get this oversized and I mean oversized! Fannie Mae bank owned home for as little as 3% down! Large lot & deck, Side drive 2 car garage, hardwood floors, 1st flr laundry & so much more. Great shape but sold "As-Is", no disclosures, no survey, 100% tax prorations, buyer responsible for any city repairs or escrows. Proof of funds or pre approval w/ all offers.

Last Agent to Sell the Property

Paul Stepanovich

Town Center Properties License #471010571 Listed on: 06/30/2012

Last Buyer's Agent

Duane Jones

Charles Rutenberg Realty License #475122706

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,495

Year Built

  • 1942

Lot Details

  • 6,273

Parking

  • Side Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Formal Dining Room
  • Crawl Space

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$5,495

Year Built

1942

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 6
  • Basement: Crawl
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 18X15
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 15X12
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 14X11
  • Third Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 19X11
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 13X11
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 13X11
  • Kitchen Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Driveway: Asphalt, Side Drive

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 127

Lot Info

  • Lot Dimensions: 50 X 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2012
Closed on
Oct 1, 2012
Sold by
Fannie Mae
Bought by
Fox Nicholas C
Seller's Agent
Paul Stepanovich
Town Center Properties
Buyer's Agent
Duane Jones
Charles Rutenberg Realty
List Price
$137,900
Sold Price
$120,000
Premium/Discount to List
-$17,900
-12.98%
Total Days on Market
66
Current Estimated Value
$313,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,749
Avg. Annual Appreciation
7.21%
Original Mortgage
$117,826
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2012
Sold by
Volcek
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 7, 2006
Sold by
Dzado Michael D and Dzado Roberta A
Bought by
Volcek Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.38%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 13, 2004
Sold by
Stepuszek Anthony M and Stepuszek Sandra F
Bought by
Dzado Michael D and Koutsis Roberta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,493
Interest Rate
5.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2002
Sold by
Koester Glen and Koester Joyce
Bought by
Stepuszek Anthony M and Stepuszek Sandia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.8%

Purchase Details

Closed on
Mar 14, 2001
Sold by
Wagner Dawn and Wagner James
Bought by
Grant Francis W and Grant Daniel J

Purchase Details

Closed on
Feb 26, 2001
Sold by
Grant Francis W and Grant Daniel J
Bought by
Koester Glen and Koester Joyce

Purchase Details

Closed on
Dec 26, 2000
Sold by
Founders Bank
Bought by
Grant Francis W and Grant Daniel J

Purchase Details

Closed on
Feb 11, 1999
Sold by
Grant Mary J
Bought by
Founders Bank and Trust #5463
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
Fox Nicholas C $120,000 None Available
Federal National Mortgage Association -- None Available
Volcek Peter $225,000 First American Title Ins Co
Dzado Michael D $182,000 Pntn
Stepuszek Anthony M $145,000 --
Grant Francis W -- --
Koester Glen $120,000 --
Grant Francis W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Nicholas C $117,826
Previous Owner Volcek Peter $180,000
Previous Owner Dzado Michael D $175,493
Previous Owner Stepuszek Anthony M $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $120,000 -3.9% $66 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
08/15/2012 08/15/12 Price Changed $124,900 -9.4% $68 / Sq Ft
06/30/2012 06/30/12 For Sale $137,900 -- $75 / 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 $5,495 $25,000 $3,750 $21,250
2023 $5,495 $25,000 $3,750 $21,250
2022 $5,495 $16,447 $3,281 $13,166
2021 $5,324 $16,447 $3,281 $13,166
2020 $5,295 $16,447 $3,281 $13,166
2019 $5,695 $16,998 $2,968 $14,030
2018 $5,669 $16,998 $2,968 $14,030
2017 $5,691 $16,998 $2,968 $14,030
2016 $5,052 $13,787 $2,500 $11,287
2015 $4,905 $13,787 $2,500 $11,287
2014 $4,831 $13,787 $2,500 $11,287
2013 $5,621 $17,116 $2,500 $14,616
Source: Public Records

Agents Affiliated with this Home

  • Paul Stepanovich

    Seller's Agent in 2012

    Paul Stepanovich

    Town Center Properties

    (708) 525-4333

    18 Total Sales

    Paul Stepanovich
    Section Image
  • Duane Jones

    Buyer's Agent in 2012

    Duane Jones

    Charles Rutenberg Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08104958

Midwest Real Estate Data (MRED)

APN: 24-19-115-027-0000

Illinois Cook County Worth 60482

7040 W 114th St, Worth, IL

This home is located at 7040 W 114th St, Worth, IL 60482 since 30 June 2012 and is currently estimated at $313,749, approximately $171 per square foot. This property was built in 1942. 7040 W 114th St is a home located in Cook County with nearby schools including Worth Elementary School, Worth Jr High School, and A B Shepard High School.

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