NOT LISTED FOR SALE

1486 Farmstead Ln Dekalb, IL 60115

Estimated Value: $340,000 - $361,000

4 Beds
3 Baths
2,360 Sq Ft
$148/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $167,000 $71 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,442/month

204 Days on Market

Highlights

  • Colonial Architecture
  • Home Office
  • Breakfast Bar
  • Deck
  • Attached Garage
  • Kitchen Island

About This Home

As of January 2016

2360 sq ft of living space in this large 4 bedroom Rosette. Open kitchen/family room plan w/add'l office space or playroom directly off family room. Formal dining and living rooms, 2 story open staircase give this home a dramatic entrance. Double sink master suite,new paint and flooring, large deck, Pond Lot with Walkout Basement.This is a Fannie Mae Homepath Property. No Personal Property Included.

Last Agent to Sell the Property

Jill Jacobsen-Haka

J.Jill Realty Group License #471013405 Listed on: 05/18/2015

Last Buyer's Agent

Michael Cirone

3 Roses Realty License #471001365

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,136

Year Built

  • 2005

Lot Details

  • 9,583

HOA Fees

  • $10 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Home Office
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,136

Year Built

2005

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Recent Rehab: Yes
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: 1st Floor Laundry
  • Number Of Rooms: 9
  • Living Room: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 11X13, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 17X12, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 17X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2360
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X15, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck
  • Acreage: 0.22

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • Assessment Association Fees: 125
  • Management Contact Name: Townsend Management
  • Management Phone: 815-787-7368X0

Fee Information

  • Management Company: Devonaire Farms

Schools

  • School District: 428
  • Junior High Dist: 428

Lot Info

  • Lot Dimensions: 70X120X92.50X120
  • Parcel Identification Number: 0821376016

Tax Info

  • Taxes: 6733.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Dec 31, 2015
Sold by
Fannie Mae
Bought by
Phelps Luke and Phelps Kristina
Seller's Agent
Jill Jacobsen-Haka
J.Jill Realty Group
Buyer's Agent
Michael Cirone
3 Roses Realty
List Price
$169,900
Sold Price
$167,000
Premium/Discount to List
-$2,900
-1.71%
Current Estimated Value
$350,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,085
Avg. Annual Appreciation
7.85%
Original Mortgage
$158,650
Outstanding Balance
$126,054
Interest Rate
3.93%
Mortgage Type
Stand Alone First
Estimated Equity
$224,031

Purchase Details

Closed on
Mar 20, 2015
Sold by
Schmitz John R
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Mar 17, 2015
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 19, 2005
Sold by
Wiseman Hughes Enterprises Inc
Bought by
Schmitz John R and Schmitz Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,775
Interest Rate
6.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Phelps Luke $167,000 Servicelink
Green Tree Servicing Llc -- --
Federal National Mortgage Association -- --
Schmitz John R $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Luke $158,650
Previous Owner Schmitz John R $234,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $167,000 -1.7% $71 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
12/08/2015 12/08/15 For Sale $169,900 +1.7% $72 / Sq Ft
12/04/2015 12/04/15 Off Market $167,000 -- --
10/21/2015 10/21/15 Price Changed $169,900 -7.1% $72 / Sq Ft
09/18/2015 09/18/15 Price Changed $182,900 -6.6% $78 / Sq Ft
08/19/2015 08/19/15 Price Changed $195,900 -5.6% $83 / Sq Ft
07/17/2015 07/17/15 Price Changed $207,500 -4.4% $88 / Sq Ft
06/16/2015 06/16/15 Price Changed $217,000 -2.5% $92 / Sq Ft
05/18/2015 05/18/15 For Sale $222,500 -- $94 / 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 $7,136 $93,821 $14,647 $79,174
2023 $7,136 $81,804 $12,771 $69,033
2022 $6,941 $74,687 $14,575 $60,112
2021 $7,088 $70,050 $13,670 $56,380
2020 $7,237 $68,933 $13,452 $55,481
2019 $7,067 $66,224 $12,923 $53,301
2018 $6,877 $63,979 $12,485 $51,494
2017 $6,913 $61,500 $12,001 $49,499
2016 $6,817 $59,947 $11,698 $48,249
2015 -- $56,800 $11,084 $45,716
2014 -- $57,531 $16,039 $41,492
2013 -- $60,950 $16,848 $44,102
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08926001

Midwest Real Estate Data (MRED)

APN: 08-21-376-016