NOT LISTED FOR SALE

985 S 7th Ave Kankakee, IL 60901

Estimated Value: $180,000 - $195,000

4 Beds
2 Baths
1,531 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $165,000 $108 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,382/month

38 Days on Market

Highlights

  • Property is near park
  • Workshop
  • 1 Car Detached Garage
  • Wood Flooring
  • Fenced Yard
  • Dry Bar

About This Home

As of May 2024

4 BR | 2 BATH | 1 car detached garage | shed w/ fenced in back yard PLUS partially finished basement. This house has so much potential. This home features hardwood floors, main floor bath, plus 2 main floor bedrooms and 2 large bedrooms upstairs. The partially finished basement also has a work bench area, storage and a dry-bar. The deck on the side of the home has a custom-built bench for seating and is connected to the sidewalk leading from front door and street and leads to the garage in the back. PLUS enjoy a paver block patio in the backyard. Near parks, schools, dining and close to 2 hospitals.

Last Agent to Sell the Property

Susan Fisher

Coldwell Banker Realty License #475133610 Listed on: 02/13/2024

Coldwell Banker Realty

Co-Listed By

Sarah Powers

Coldwell Banker Realty License #475136610

Last Buyer's Agent

Jeff Gardner

Village Realty Inc License #475127250

Village Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,441

Year Built

  • Built in 1936

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Property is zoned SINGL

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,531 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Workshop
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Freezer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Additional Features

  • Shed
  • Property is near park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,441

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1936
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Freezer, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Bar-Dry, Hardwood Floors, First Floor Full Bath, Workshop Area (Interior)
  • LivingArea: 1531
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1531
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1531
  • Attic: Dormer,Unfinished
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Window/Wall Units - 2
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X150
  • Zoning: SINGL
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 1441
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
May 2, 2024
Sold by
Lambert Dale E
Bought by
Cooper Charles
Seller's Agent
Susan Fisher
Coldwell Banker Realty
Buyer's Agent
Jeff Gardner
Village Realty Inc
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%
Views
123
Current Estimated Value
$186,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,850
Avg. Annual Appreciation
7.73%
Original Mortgage
$162,011
Outstanding Balance
$159,326
Interest Rate
5.99%
Mortgage Type
FHA
Estimated Equity
$27,524
Source: Public Records

Range of Values:

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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
Cooper Charles $165,000 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Charles $162,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $165,000 +3.2% $108 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $159,900 0.0% $104 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/28/2024 02/28/24 Price Changed $159,900 -3.1% $104 / Sq Ft
02/13/2024 02/13/24 For Sale $165,000 -- $108 / 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 $4,876 $41,245 $5,634 $35,611
2023 $1,356 $36,744 $5,019 $31,725
2022 $1,441 $32,161 $4,393 $27,768
2021 $1,503 $29,105 $3,976 $25,129
2020 $1,551 $26,162 $3,574 $22,588
2019 $1,590 $24,337 $3,325 $21,012
2018 $1,653 $22,535 $3,079 $19,456
2017 $1,893 $22,039 $3,011 $19,028
2016 $1,809 $21,607 $2,952 $18,655
2015 $1,784 $22,048 $3,012 $19,036
2014 $2,100 $24,499 $3,012 $21,487
2013 -- $27,296 $3,138 $24,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11975833

Midwest Real Estate Data (MRED)

APN: 16-17-06-413-015