NOT LISTED FOR SALE

Estimated Value: $227,000 - $273,000

3 Beds
1 Bath
864 Sq Ft
$290/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $210,000 $243 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,861/month

102 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • 3-minute walk to Poplar Park
  • Jane Addams Middle School Rated A-

About This Home

As of October 2023

Introducing 859 Summit Lane, a charming ranch-style home situated in the desirable location of Bolingbrook, IL. Recently updated with fresh paint and new flooring, this residence offers a comfortable living experience. The kitchen features sleek countertops, and new appliances will soon be added to enhance the space. With three bedrooms and one bathroom, this home is perfect for a cozy and manageable lifestyle. The spacious backyard provides ample room for outdoor activities and relaxation. Embrace the simplicity and charm of this ranch-style home at 859 Summit Lane.

Last Agent to Sell the Property

Ismail Mithaiwala

Heart My Home Chicago Inc License #475191931 Listed on: 06/23/2023

Last Buyer's Agent

Salvador Gonzalez

RE/MAX MI CASA License #475122447

RE/MAX MI CASA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,175

Year Built

  • Built in 1983 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 46.5x118.16x43x125.28

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • 864 Sq Ft Home
  • Ranch Style House
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,175

Year Built

Built in 1983 | Remodeled in 2023

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1983
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 864
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 230000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 365U

Lot Info

  • Lot Dimensions: 46.5X118.16X43X125.28
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5175
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Oct 17, 2023
Sold by
Klm 1953 Real Estate Llc
Bought by
Sanchez Salvador
Seller's Agent
Ismail Mithaiwala
Heart My Home Chicago Inc
Buyer's Agent
Salvador Gonzalez
RE/MAX Mi Casa
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%
Total Days on Market
102
Views
814
Current Estimated Value
$250,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,442
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Oct 18, 2019
Sold by
Park Management Llc
Bought by
Klm1953 Real Estate Llc

Purchase Details

Closed on
Aug 19, 2005
Sold by
Chambers Margaret
Bought by
Pak Management Llc

Purchase Details

Closed on
Feb 27, 2003
Sold by
Dodd Jack and Dodd Linda
Bought by
Chambers Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2003
Sold by
Midwest Bank & Trust Co
Bought by
Dodd Jack and Dodd Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Wells Richard A and Associated Bank
Bought by
Midwest Bank & Trust Company and Trust #89-11-5873

Purchase Details

Closed on
May 31, 2001
Sold by
Wells Richard A and Associated Bank
Bought by
Midwest Bank & Trust Company and Trust #89-11-5873

Purchase Details

Closed on
Sep 4, 1996
Sold by
Wells Richard A
Bought by
Associated Bank and Gladstone Norwood Trust & Svgs Bank
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
Sanchez Salvador $210,000 Chicago Title
Klm1953 Real Estate Llc -- None Available
Pak Management Llc $162,000 Law Title
Chambers Margaret $138,000 --
Dodd Jack $94,000 --
Midwest Bank & Trust Company -- --
Midwest Bank & Trust Company $30,001 --
Associated Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Management Llc $105,000
Previous Owner Pak Management Llc $134,400
Previous Owner Chambers Margaret $124,200
Closed Chambers Margaret $6,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $210,000 -8.7% $243 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/30/2023 09/30/23 For Sale $230,000 0.0% $266 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $230,000 0.0% $266 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $230,000 -4.2% $266 / Sq Ft
06/23/2023 06/23/23 For Sale $240,000 -- $278 / 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
2023 $6,080 $59,237 $16,140 $43,097
2022 $5,175 $52,358 $14,266 $38,092
2021 $4,929 $48,956 $13,339 $35,617
2020 $4,789 $47,346 $12,900 $34,446
2019 $4,652 $45,092 $12,286 $32,806
2018 $4,351 $41,893 $11,415 $30,478
2017 $4,162 $39,709 $10,820 $28,889
2016 $4,059 $37,800 $10,300 $27,500
2015 $3,748 $36,300 $9,900 $26,400
2014 $3,748 $33,000 $9,000 $24,000
2013 $3,748 $34,800 $9,500 $25,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11815663

Midwest Real Estate Data (MRED)

APN: 12-02-16-114-001