NOT LISTED FOR SALE

2505 School Dr Rolling Meadows, IL 60008

Estimated Value: $304,000 - $356,000

3 Beds
2 Baths
1,092 Sq Ft
$312/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $265,000 $243 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,334/month

18 Days on Market

Highlights

  • Deck
  • Porch
  • Patio
  • Rolling Meadows High School Rated A+
  • Attached Garage
  • 3-minute walk to Florey Park

About This Home

As of July 2019

Move in ready single family home in the Rolling Meadows school district. Freshly painted and updated. Bright open floorplan with dining area overlooking spacious living room Beautiful remodeled kitchen with granite countertops and stainless steel appliances. Spacious split level home has 3 bedrooms and 2 full bathrooms.. Nice, large, backyard and patio. Close to the park! Easy access to the highway! Great location!

Last Agent to Sell the Property

Eduardo Camargo

24/7 Real Estate Inc License #475144315 Listed on: 05/22/2019

Last Buyer's Agent

Robert Padron

Re/Max Cityview License #471012333

Re/Max Cityview

Home Details

Home Type

  • Single Family

Year Built

  • 1963

Lot Details

  • 0.26

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Steel Siding

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • SpacePak Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Basement: Walkout
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X7, On Level: Lower
  • Dining Room: Dimensions: 11X9, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 9X9, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Family Room: Dimensions: 25X14, On Level: Lower, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Steel Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Porch
  • Acreage: 0.2633

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Space Pac
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 1092

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 63X170X87X164
  • Parcel Identification Number: 02253080230000

Tax Info

  • Taxes: 5658.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 25, 2019
Sold by
Molano William H and Salazar Leidy Marcela
Bought by
Escalante Rita and Escalante Carlos
Seller's Agent
Eduardo Camargo
24/7 Real Estate Inc
Buyer's Agent
Robert Padron
Re/Max Cityview
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%
Current Estimated Value
$340,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,320
Avg. Annual Appreciation
3.96%
Original Mortgage
$260,200
Outstanding Balance
$229,678
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$110,642

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jul 8, 2015
Sold by
Mchale Thomas G
Bought by
Molano William H
Seller's Agent
Robert Rooney
Berkshire Hathaway HomeServices KoenigRubloff
Buyer's Agent
Santiago Kensel Sanchez
Solid Realty Services Inc
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$205,535
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2011
Sold by
Mchale Thomas G
Bought by
Mchale Thomas G and Thomas G Mchale Declaration Of Trust

Purchase Details

Closed on
Jul 31, 1998
Sold by
Farrow John F
Bought by
Velander Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.03%

Purchase Details

Closed on
Mar 16, 1998
Sold by
Declaration Green George E
Bought by
Burkhardt Gregory W and Burkhardt Pam R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,107
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
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
Escalante Rita $265,000 Chicago Title Company
Molano William H $225,000 Chicago Title Insurance Co
Mchale Thomas G -- None Available
Velander Thomas R $166,000 --
Burkhardt Gregory W $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escalante Rita $260,200
Previous Owner Molano William H $205,535
Previous Owner Velander Thomas R $138,000
Previous Owner Burkhardt Gregory W $132,107
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2019 07/26/19 Sold $265,000 -1.8% $243 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
05/30/2019 05/30/19 Price Changed $269,800 0.0% $247 / Sq Ft
05/22/2019 05/22/19 For Sale $269,900 +20.0% $247 / Sq Ft
07/11/2015 07/11/15 Sold $225,000 -5.9% $206 / Sq Ft View Prior Sale
05/11/2015 05/11/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $239,000 -- $219 / 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
2025 $6,674 $28,000 $7,454 $20,546
2024 $6,674 $23,080 $6,307 $16,773
2023 $6,627 $26,000 $6,307 $19,693
2022 $6,627 $26,000 $6,307 $19,693
2021 $5,276 $19,262 $3,727 $15,535
2020 $6,229 $19,262 $3,727 $15,535
2019 $5,264 $21,522 $3,727 $17,795
2018 $5,757 $21,209 $3,440 $17,769
2017 $5,659 $21,209 $3,440 $17,769
2016 $5,531 $21,209 $3,440 $17,769
2015 $4,764 $17,754 $3,153 $14,601
2014 $4,667 $17,754 $3,153 $14,601
2013 -- $17,754 $3,153 $14,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10389052

Midwest Real Estate Data (MRED)

APN: 02-25-308-023-0000