NOT LISTED FOR SALE

7302 40th St Lyons, IL 60534

Estimated Value: $259,000 - $343,000

3 Beds
1 Bath
2,218 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $59,000 $27 Per Sq Ft

Est. 401% increase in value since last sale

Current estimated payment $1,973/month

99 Days on Market

Highlights

  • Detached Garage
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of August 2016

Excellent opportunity to own this home in Lyons at an affordable price. This property sits on a double lot and features a large first floor kitchen, a full basement and a two car garage. This is a Fannie Mae HomePath property. Multiple Offer Deadline - Aug 10, 2016, 4:39:00 PM

Last Agent to Sell the Property

Joe Pav

Keller Williams ONEChicago License #475119143 Listed on: 05/10/2016

Keller Williams ONEChicago

Last Buyer's Agent

Arthur Tomczak

Touchstone Group LLC

Touchstone Group LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1899

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Frame Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built

1899

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1899
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1899

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 20X12, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 12X8, On Level: Basement
  • Kitchen Type: Dimensions: 12X13, On Level: Main Level
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 9X11, On Level: Main Level
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 6X8, On Level: Main Level
  • Bedroom 2: Dimensions: 9X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 8X15, On Level: 2nd Level
  • Estimated Sq Ft: 2218
  • Family Room: Dimensions: 17X14, On Level: 2nd Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Acreage: 0.0826

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 103

Lot Info

  • Lot Dimensions: 54X144 (APPROX)
  • Parcel Identification Number: 18012030360000

Tax Info

  • Taxes: 7428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Aug 24, 2016
Sold by
Fannie Mae
Bought by
Somar Realty Inc
Seller's Agent
Joe Pav
Keller Williams ONEChicago
Buyer's Agent
Arthur Tomczak
Touchstone Group LLC
List Price
$89,000
Sold Price
$59,000
Premium/Discount to List
-$30,000
-33.71%
Current Estimated Value
$295,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,548
Avg. Annual Appreciation
18.36%

Purchase Details

Closed on
Dec 29, 2015
Sold by
Randol Gerald K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 21, 2003
Sold by
North Star Trust Co
Bought by
1640 Wrightwood Corp

Purchase Details

Closed on
Sep 30, 1994
Sold by
Joseph Richard V
Bought by
Randol Gerald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
8.55%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Somar Realty Inc $70,800 Premier Title
Federal National Mortgage Association -- Premier Title
1640 Wrightwood Corp -- --
1640 Wrightwood Corp -- --
Randol Gerald K $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randol Gerald K $143,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $59,000 0.0% $27 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
08/04/2016 08/04/16 Price Changed $59,000 -14.5% $27 / Sq Ft
07/14/2016 07/14/16 Price Changed $69,000 -7.4% $31 / Sq Ft
06/30/2016 06/30/16 Price Changed $74,500 -9.1% $34 / Sq Ft
05/31/2016 05/31/16 Price Changed $82,000 -7.9% $37 / Sq Ft
05/10/2016 05/10/16 For Sale $89,000 -- $40 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $5,025 $19,931 $2,070 $17,861
2024 $5,025 $19,931 $2,070 $17,861
2023 $4,023 $19,931 $2,070 $17,861
2022 $4,023 $14,495 $1,800 $12,695
2021 $3,845 $14,495 $1,800 $12,695
2020 $3,942 $14,495 $1,800 $12,695
2019 $3,537 $12,615 $1,620 $10,995
2018 $3,456 $12,615 $1,620 $10,995
2017 $4,030 $14,498 $1,620 $12,878
2016 $5,252 $15,990 $1,440 $14,550
2015 $7,034 $21,099 $1,440 $19,659
2014 $6,809 $21,099 $1,440 $19,659
2013 $7,941 $25,952 $1,440 $24,512
Source: Public Records

Agents Affiliated with this Home

  • Joe Pav

    Seller's Agent in 2016

    Joe Pav

    Keller Williams ONEChicago

    (708) 785-3950

    58 Total Sales

    Joe Pav
    Section Image

  • A

    Buyer's Agent in 2016

    Arthur Tomczak

    Touchstone Group LLC

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09221728

Midwest Real Estate Data (MRED)

APN: 18-01-203-036-0000

Illinois Cook County Lyons 60534

7302 40th St, Lyons, IL

Not Listed for Sale

Detached

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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