NOT LISTED FOR SALE

985 E Red Oak St Addison, IL 60101

Estimated Value: $144,000 - $371,000

0.18 Acre
$1,561,628 Price per Acre
7,841 Sq Ft Lot

Last Sold April 17, 2023

Last sale price $76,000

Est. 270% increase in value since last sale

Current estimated payment $1,869/month

About This Lot

As of April 2023

Great buildable lot, surrounded by newer construction homes, and in a tucked away neighborhood. The lot is already annexed to the Village of Addison. All the utilities are available at the site; water and sewer are in front of the property, at the street. Convenient location, great community. Soil testing and topographic survey have been completed by the owner. Feel free to walk the lot.

Last Agent to Sell the Property

Peter Bellert

@properties Christie's International Real Estate License #475123150 Listed on: 03/20/2023

@properties Christie's International Real Estate

Co-Listed By

Tamara Borowiec

@properties Christie's International Real Estate License #475123140

Last Buyer's Agent

Agnes Czaja

RE/MAX 10 License #475145458

RE/MAX 10

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,125

Lot Details

  • Lot Dimensions are 56 x 134
  • Property is zoned SINGL

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,125

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 56
  • Frontage Type: City Street
  • List Price: 75000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site

Schools

  • Middle/Junior School District: 2

Lot Info

  • Lot Dimensions: 56 X 134
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 4125
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 4, 2023
Sold by
Castro Marino
Bought by
Baran Mariusz and Baran Maria
Seller's Agent
Peter Bellert
@properties Christie's International Real Estate
Buyer's Agent
Agnes Czaja
RE/MAX 10
List Price
$75,000
Sold Price
$76,000
Premium/Discount to List
$1,000
1.33%
Views
14
Current Estimated Value
$281,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,093
Avg. Annual Appreciation
70.55%

Purchase Details

Closed on
Mar 31, 2022
Sold by
Mackey Paul R and Mackey Vicki M
Bought by
Castro Marino
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
Baran Mariusz $76,000 American Land Title
Castro Marino $50,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $76,000 +1.3% --
03/21/2023 03/21/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $75,000 -- --
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 $4,545 $51,747 $51,747 --
2023 $4,332 $47,570 $47,570 $0
2022 $4,318 $47,330 $47,330 $0
2021 $4,126 $45,330 $45,330 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11740942

Midwest Real Estate Data (MRED)

APN: 03-22-212-045