Quantcast

South Cook News

Thursday, November 14, 2024

NBA star Wade stuck with Matteson home

Wadehouse

Dwayne Wade's Matteson home.

Dwayne Wade's Matteson home.

NBA star and Robbins native Dwyane Wade has paid nearly $125,000 in property taxes over 12 years on a Matteson home he is trying to sell for barely half what he paid for it.

The four-bedroom, three-bathroom home at 5751 Amherst Place in Matteson's Newbury Estates subdivision is currently listed for $269,000.

Wade paid $390,000 for the home in 2006, or $488,000 in 2018 dollars. The 2018 property taxes are $12,873, an effective property tax rate of 4.8 percent at Wade's asking price.


Dwayne Wade | Erik Drost / Wikimedia Commons

The Cook County Assessor currently values Wade's property at $245,880, an effective property tax rate of 5.2 percent.

According to Blockshopper.com, the median sale price in Matteson between Jan. 1 and June 30, 2018 was $143,800. The median property tax bill was $5,387, or 3.75 percent of the median home value.

Wade, 36, played high school basketball at H.L. Richards High School in Oak Lawn in 2000-2001 before attending Marquette University, where he was an All-American. He's a 12-time NBA All Star who has played 15 years with the Bulls, Miami Heat and Cleveland Cavaliers.

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS