Seller's Agent in 2016
Karyn McAdams
Baird Warner
(815) 693-3333
50 Total Sales
720 Meeker Ave Joliet, IL 60432
Northeast Joliet NeighborhoodEstimated Value: $192,000 - $274,000
7
Beds
3
Baths
--
Sq Ft
6,970
Sq Ft Lot
About This Home
As of May 2016Great investment opportunity! 2 LARGE units in this building. Rents could be significantly higher than currently being rented out for. 1st unit includes 3 bedrooms, 1 bathroom, kitchen, dining room, and living room with linoleum flooring currently being rented for $550.00/mo. 2nd unit includes 4 bedrooms, 1 bath, kitchen, dining room, and living room with ceramic flooring currently being rented for $580.00/mo. Month to month lease for both units. Both units have long term tenants, hence the lower rents. This property does require flood insurance. Seller currently pays $682 per year for this insurance. Seller has never had any flooding. Basement is finished with a kitchen, 2 bedrooms and 1 full bath. Don't miss this rare opportunity to own a 2 flat in Joliet with a finished full basement. Close to transportation, shopping, restaurants.
Last Agent to Sell the Property
Baird & Warner License #475100823 Listed on: 04/05/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,843
Year Built
- Built in 1915
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x132x50x132
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 3 Bathrooms
Parking
- 2 Parking Spaces
- Uncovered Parking
Schools
- Parks Elementary School
- Gompers Junior High School
- Joliet Central High School
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2023
Sold by
Serrano Sanchez Saul V
Bought by
Serrano Abbey F and Serrano Saul Emmanuel
Current Estimated Value
Purchase Details
Listed on
Apr 5, 2016
Closed on
May 6, 2016
Sold by
Ortega Jose and Ortega Lorena
Bought by
Serrano Saul
Seller's Agent
Karyn McAdams
Baird & Warner
Buyer's Agent
Marcos Rojas
Marcos Rojas Realty Inc
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Purchase Details
Closed on
Sep 24, 1998
Sold by
Ortega Jose
Bought by
Ortega Jose and Ortega Lorena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.88%
Purchase Details
Closed on
Aug 29, 1997
Sold by
Mckinney Dorothy J
Bought by
Ortega Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
7.54%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Serrano Abbey F | -- | None Listed On Document | |
| Serrano Saul | $65,000 | Fidelity National Title | |
| Ortega Jose | -- | Stewart Title | |
| Ortega Jose | $91,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ortega Jose | $67,500 | |
| Previous Owner | Ortega Jose | $39,000 | |
| Previous Owner | Ortega Jose | $20,000 | |
| Previous Owner | Ortega Jose | $90,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2016 05/06/16 | Sold | $65,000 | -18.6% | -- |
| 04/19/2016 04/19/16 | Pending | -- | -- | -- |
| 04/05/2016 04/05/16 | For Sale | $79,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $5,563 | $59,012 | $7,820 | $51,192 |
| 2022 | $4,930 | $53,381 | $7,074 | $46,307 |
| 2021 | $4,685 | $49,856 | $6,607 | $43,249 |
| 2020 | $4,445 | $47,346 | $6,274 | $41,072 |
| 2019 | $4,228 | $44,002 | $5,831 | $38,171 |
| 2018 | $4,051 | $40,660 | $5,388 | $35,272 |
| 2017 | $3,819 | $36,967 | $4,899 | $32,068 |
| 2016 | $2,994 | $33,861 | $4,479 | $29,382 |
| 2015 | $2,932 | $31,750 | $4,200 | $27,550 |
| 2014 | $2,932 | $31,600 | $4,200 | $27,400 |
| 2013 | $2,932 | $34,142 | $4,667 | $29,475 |
Source: Public Records
Agents Affiliated with this Home
-
Karyn McAdams
-
Marcos Rojas
Buyer's Agent in 2016
Marcos Rojas
Marcos Rojas Realty Inc
(815) 530-9765
2 in this area
39 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09184804
APN: 30-07-03-422-007
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