NOT LISTED FOR SALE

4 Summit St East Dundee, IL 60118

Estimated Value: $393,000 - $427,000

3 Beds
2.5 Baths
2,098 Sq Ft
$192/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $345,000 $164 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,727/month

34 Days on Market

Highlights

  • Second Garage
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Deck
  • Ranch Style House
  • Workshop

About This Home

As of October 2023

Well maintained hillside ranch in East Dundee, conveniently located within walking distance to rec center, pool, library, parks, downtown restaurants and business as well as the bike trail. This home features updated bathrooms with heated floors. Main floor laundry room and a second laundry area in the unfinished basement as well as a half bath with plumbing for a shower. The spacious kitchen features loads of counter space and an eating area with a pass through to the family room. The large family room features vaulted ceilings and a woodburning fireplace. Hardwood floors under the carpet in the bedrooms. A large heated workshop is located behind the attached 2 1/2 car garage, under the family room. Perfect for woodworking or other hobbies. There is also a detached single car garage at the back of the property. Home is being sold "as-is"

Last Agent to Sell the Property

Hilda Jones

Baird & Warner Real Estate - Algonquin License #475137923 Listed on: 08/08/2023

Baird & Warner Real Estate - Algonquin

Co-Listed By

Rita Moehler

Baird & Warner Real Estate - Algonquin License #475123130

Last Buyer's Agent

Clara Wetterquist

Baird & Warner License #475194868

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,074

Year Built

  • Built in 1966

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 73x103x80x67x186

Parking

  • 3.5 Car Garage
  • Second Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Earth Berm
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,098 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Workshop
  • Unfinished Attic

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry in multiple locations
  • Sink Near Laundry

Unfinished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Parkview Elementary School
  • Carpentersville Middle School
  • Dundee-Crown High School

Utilities

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

Community Details

  • Lakewood Estates Subdivision, Custom Floorplan

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,074

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story,Hillside
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story,Hillside
  • Subdivision Name: Lakewood Estates
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 2
  • LivingArea: 2098
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Workshop
  • Estimated Total Finished Sq Ft: 2089
  • Assessed Sq Ft: 2098
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 2089
  • Basement Sq Ft: 1426
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 3515
  • Unfinished Basement Sq Ft: 1426
  • Attic: Unfinished
  • Main Level Sq Ft: 2089
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 350000
  • OtherStructures: Second Garage
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3.5
  • Number of Cars: 3.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Multiple Locations, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Parkview Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Carpentersville Middle School
  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.29
  • Lot Dimensions: 73X103X80X67X186
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 7074
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Oct 17, 2023
Sold by
Kamp Jeannine K
Bought by
Corbley Kathleen A and Hess Ronald L
Seller's Agent
Hilda Jones
Baird & Warner Real Estate - Algonquin
Buyer's Agent
Clara Wetterquist
Baird & Warner
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Views
139
Current Estimated Value
$403,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,403
Avg. Annual Appreciation
8.44%
Original Mortgage
$276,000
Outstanding Balance
$271,945
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$131,458

Purchase Details

Closed on
May 2, 2022
Sold by
Kamp Jeannine Katherina
Bought by
Kamp Jeannine Katherina and Niese Jill Kathleen
Source: Public Records

Range of Values:

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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
Corbley Kathleen A $345,000 None Listed On Document
Kamp Jeannine Katherina -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbley Kathleen A $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $345,000 -1.4% $164 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $350,000 -2.8% $167 / Sq Ft
08/08/2023 08/08/23 For Sale $360,000 -- $172 / 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 $7,052 $105,616 $26,870 $78,746
2023 $6,569 $95,030 $24,177 $70,853
2022 $7,075 $93,503 $24,177 $69,326
2021 $3,863 $88,285 $22,828 $65,457
2020 $3,867 $86,300 $22,315 $63,985
2019 $3,992 $81,925 $21,184 $60,741
2018 $4,117 $71,478 $25,501 $45,977
2017 $5,082 $64,388 $23,855 $40,533
2016 $4,456 $62,343 $23,097 $39,246
2015 -- $58,418 $21,643 $36,775
2014 -- $55,101 $21,045 $34,056
2013 -- $56,787 $21,689 $35,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11812511

Midwest Real Estate Data (MRED)

APN: 03-23-327-001