NOT LISTED FOR SALE

16 Summit St East Dundee, IL 60118

Estimated Value: $367,000 - $420,000

3 Beds
2 Baths
1,824 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $260,000 $143 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,739/month

14 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Screened Porch
  • Wooded Lot
  • Ranch Style House
  • Attached Garage

About This Home

As of July 2016

Custom Built Cedar "Chalet" with Cathedral Beamed Ceilings! Spacious Deck overlooking Picturesque Wooded Lot with a Screened Gazebo where you can enjoy relaxing and listening to Mother Nature. English Basement ready for your finishing touches. Garage has a tandem bay for boat or camper storage. Soaring windows provide views of stunning sunsets! Walk to the "Quaint" downtown where you can stop at a coffee shop, enjoy open air dining, pick up treats at the bakery, or stop at the Dairy Queen! The Fox River Bike Path and the River offer beautiful sites year round!

Last Agent to Sell the Property

Kate Schumacher

Baird & Warner Real Estate - Algonquin License #471005002 Listed on: 05/12/2016

Baird & Warner Real Estate - Algonquin

Last Buyer's Agent

Young Lee

Real Broker LLC License #471017512

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,878

Year Built

  • 1974

Lot Details

  • East or West Exposure
  • Wooded Lot

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Screened Porch
  • Partially Finished Basement
  • Exterior Basement Entry

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

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

$7,878

Year Built

1974

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1974
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 6
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, Ceiling Fan
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Master Bedroom
  • Basement: Partially Finished, Exterior Access
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 14X9, On Level: Main Level, Flooring: Carpet
  • Additional Rooms: Screened Porch
  • Master Bedroom: Dimensions: 20X20, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Screened Porch, Dimensions: 10X10, On Level: Main Level
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1824
  • Dining Room Type: L-shaped

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch Screened
  • Exposure: W (West)
  • Acreage: 0.428

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Tandem
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 300
  • Elementary School: PARKVIEW ELEMENTARY SCHOOL
  • Middle School: CARPENTERSVILLE MIDDLE SCHOOL
  • High School: DUNDEE-CROWN HIGH SCHOOL
  • Junior High Dist: 300
  • Other Public School District: 300
  • Other Public School: Lakewood Elementary

Lot Info

  • Lot Dimensions: 80X227X79X248
  • Lot Description: Wooded
  • Parcel Identification Number: 0323181007

Tax Info

  • Taxes: 5323.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jul 25, 2016
Sold by
Tenorio Steve F and Tenorio Rachel A
Bought by
Fowler Michael and Fowler Charistie
Seller's Agent
Kate Schumacher
Baird & Warner Real Estate - Algonquin
Buyer's Agent
Young Lee
Real Broker LLC
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Current Estimated Value
$392,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,783
Avg. Annual Appreciation
4.60%
Original Mortgage
$254,375
Outstanding Balance
$206,009
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$186,774

Purchase Details

Listed on
Jun 9, 2014
Closed on
Sep 4, 2014
Sold by
Schartow Marilyn J
Bought by
Tenorio Rachel A and Tenorio Steve F
Seller's Agent
Kate Schumacher
Baird & Warner Real Estate - Algonquin
Buyer's Agent
Kate Schumacher
Baird & Warner Real Estate - Algonquin
List Price
$225,000
Sold Price
$219,000
Premium/Discount to List
-$6,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$189,407
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 1994
Sold by
Schartow Neil W and Schartow Marilyn J
Bought by
Schartow Neil W
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
Fowler Michael $260,000 Baird & Warner Title Service
Tenorio Rachel A $219,000 Chicago Title Insurance Co
Schartow Neil W -- --
Schartow Marilyn J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Michael $254,375
Previous Owner Tenorio Rachel A $189,407
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $260,000 0.0% $143 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/23/2016 05/23/16 Off Market $260,000 -- --
05/12/2016 05/12/16 For Sale $250,000 +14.2% $137 / Sq Ft
08/04/2014 08/04/14 Sold $219,000 -2.7% $120 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $225,000 -- $123 / 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 $7,878 $108,122 $28,395 $79,727
2023 $7,421 $97,285 $25,549 $71,736
2022 $7,771 $96,623 $25,549 $71,074
2021 $7,465 $91,231 $24,123 $67,108
2020 $7,295 $89,180 $23,581 $65,599
2019 $7,121 $84,660 $22,386 $62,274
2018 $5,924 $69,453 $23,082 $46,371
2017 $5,241 $61,056 $21,592 $39,464
2016 $5,367 $59,117 $20,906 $38,211
2015 -- $55,395 $19,590 $35,805
2014 -- $48,865 $19,049 $29,816
2013 -- $50,361 $19,632 $30,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09226961

Midwest Real Estate Data (MRED)

APN: 03-23-181-007