NOT LISTED FOR SALE

1501 Court St McHenry, IL 60050

Estimated Value: $327,904 - $354,000

5 Beds
2 Baths
2,160 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $139,000 $64 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,522/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Heated Enclosed Porch
  • Wood Flooring
  • Corner Lot
  • 3-minute walk to Weber's Park

About This Home

As of December 2013

Not a short sale, a quick closing REO. Quaint historic home, with tons of charm and potential. Only 2 blocks from the fox river, an activity filled park across the street. Great corner lot. This will not last long.Buyer to do their own due diligence, sellers and agents are not responsible for any misinformation in the MLS or the tax assessors site. Owner Occupant First look period until 11/15/2013. Addendum to follow

Last Agent to Sell the Property

Elona Hamilton

Hamilton Group, REALTORS License #471009004 Listed on: 11/01/2013

Last Buyer's Agent

Shawn Strach

Dream Real Estate, Inc. License #471000585

Dream Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,530

Year Built

  • 1916

Lot Details

  • East or West Exposure
  • Corner Lot

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Main Floor Bedroom
  • Play Room
  • Heated Enclosed Porch
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Storm Screens
  • Dishwasher

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Property is near a bus stop
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,170 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,530

Year Built

1916

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1916
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 10
  • Living Room: Dimensions: 21X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Dishwasher, Washer, Dryer
  • Equipment: CO Detectors
  • Attic: Unfinished
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 12X19, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: 5th Bedroom, Enclosed Porch Heated, Play Room
  • Master Bedroom: Dimensions: 15X21, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Playroom, Dimensions: 12X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Enclosed Porch Heated, Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 12X8, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 4 Name: 5th Bdrm, Dimensions: 11X7, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 11X7, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 2160

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch, Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.2004

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Schools

  • School District: 156
  • Junior High Dist: 156

Lot Info

  • Lot Dimensions: 69X132
  • Lot Description: Corner
  • Parcel Identification Number: 0926403013

Tax Info

  • Taxes: 5580.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Dec 23, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hinga Jacob D
Seller's Agent
Elona Hamilton
Hamilton Group, REALTORS
Buyer's Agent
Shawn Strach
Dream Real Estate, Inc.
List Price
$144,000
Sold Price
$139,000
Premium/Discount to List
-$5,000
-3.47%
Total Days on Market
18
Current Estimated Value
$337,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,476
Avg. Annual Appreciation
7.54%
Original Mortgage
$132,050
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2013
Sold by
Reed Joel A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 1, 2003
Sold by
Miller Wendy B and Derksen Dean D
Bought by
Reed Joel A and Reed Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,625
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2002
Sold by
Miller Wendy B and Miller Allen R
Bought by
Miller Wendy B and Derksen Dean D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.34%

Purchase Details

Closed on
Dec 27, 1999
Sold by
Kovacs Randall J and Kovacs Laura L
Bought by
Gedde Wendy B and Miller Allen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.76%

Purchase Details

Closed on
Nov 30, 1994
Sold by
Foley Sandra and Smith Judy
Bought by
Kovacs Randall J and Kovacs Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,905
Interest Rate
8.62%

Purchase Details

Closed on
Nov 21, 1994
Sold by
Cross Pamela
Bought by
Walsh Melvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,905
Interest Rate
8.62%

Purchase Details

Closed on
Nov 18, 1994
Sold by
Walsh Jodie
Bought by
Walsh Melvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,905
Interest Rate
8.62%

Purchase Details

Closed on
Nov 16, 1994
Sold by
Taylor Mary Delores
Bought by
Walsh Melvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,905
Interest Rate
8.62%

Purchase Details

Closed on
Nov 14, 1994
Sold by
Walsh Guerin Michael
Bought by
Kovacs Randall J and Kovacs Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,905
Interest Rate
8.62%

Purchase Details

Closed on
Nov 12, 1994
Sold by
Lindsay Jane Ellen
Bought by
Kovacs Randall J and Kovacs Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,905
Interest Rate
8.62%

Purchase Details

Closed on
Nov 11, 1994
Sold by
Kibler Joann
Bought by
Walsh Melvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,905
Interest Rate
8.62%
Source: Public Records

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Range of Values:

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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
Hinga Jacob D $139,000 Central Illinois Title Co
Federal Home Loan Mortgage Corporation -- None Available
Reed Joel A $197,500 Ticor Title Insurance Compan
Miller Wendy B -- --
Gedde Wendy B $162,000 --
Kovacs Randall J $120,000 Universal Title Services Inc
Walsh Melvin J -- Universal Title Services Inc
Walsh Melvin J -- Universal Title Services Inc
Walsh Melvin J -- Universal Title Services Inc
Kovacs Randall J -- Universal Title Services Inc
Kovacs Randall J -- Universal Title Services Inc
Walsh Melvin J -- Universal Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinga Jacob D $40,100
Open Hinga Jacob D $164,000
Closed Hinga Jacob D $132,050
Previous Owner Reed Joel A $166,155
Previous Owner Reed Joel A $185,300
Previous Owner Reed Joel A $39,700
Previous Owner Reed Joel A $41,500
Previous Owner Reed Joel A $187,625
Previous Owner Miller Wendy B $75,000
Previous Owner Gedde Wendy B $75,000
Previous Owner Kovacs Randall J $113,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $139,000 0.0% $64 / Sq Ft
12/25/2013 12/25/13 Off Market $139,000 -- --
11/19/2013 11/19/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $144,000 -- $67 / 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 $7,530 $89,514 $11,528 $77,986
2022 $7,319 $83,045 $10,695 $72,350
2021 $6,980 $77,338 $9,960 $67,378
2020 $6,745 $74,114 $9,545 $64,569
2019 $7,257 $70,377 $9,064 $61,313
2018 $7,700 $67,186 $8,653 $58,533
2017 $7,443 $63,056 $8,121 $54,935
2016 $6,509 $58,931 $7,590 $51,341
2013 -- $52,071 $7,473 $44,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08480080

Midwest Real Estate Data (MRED)

APN: 09-26-403-013