5 Summit St East Dundee, IL 60118
Estimated Value: $315,000 - $386,000
4
Beds
3
Baths
1,474
Sq Ft
$241/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of January 2020MOTIVATED SELLER. OFFERS WELCOME ! CHARMING HOME IN FANTASTIC EAST DUNDEE LOCATION. HILLSIDE RANCH W/ FINISHED WALKOUT BASEMENT. THE MAIN LEVEL INCLUDES THREE BEDROOMS 2 BATHS AND LARGE FAMILY ROOM. BASEMENT HAS AN EXCELLENT SETUP FOR EXTENDED FAMILY. THIS IS A TRUE LOWER LEVEL. HAS A SECOND KITCHEN, FAMILY ROOM, AND FULL BATH. HUGE YARD WITH VIEWS TO EAST DUNDEE 4TH OF JULY FIREWORKS OF YOUR DECK. WALKING DISTANCE TO DOWNTOWN DUNDEE RESTAURANTS, BARS, SUMMER FESTIVALS AND THE SCENIC FOX RIVER.
Last Agent to Sell the Property
Universal Real Estate LLC License #471013859 Listed on: 11/23/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,100
Year Built
- 1966
Lot Details
- 0.31
Parking
- Attached Garage
- Garage Is Owned
Home Design
- Ranch Style House
- Brick Exterior Construction
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2019
Closed on
Jan 30, 2020
Sold by
Wire James R and Wire Hanguyen
Bought by
Hinners David L and Hinners Kathryn C
Seller's Agent
Julian Mendoza
Universal Real Estate LLC
Buyer's Agent
Amy Foote
Compass
List Price
$263,900
Sold Price
$220,000
Premium/Discount to List
-$43,900
-16.64%
Total Days on Market
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,002
Avg. Annual Appreciation
9.34%
Original Mortgage
$198,000
Outstanding Balance
$178,007
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$176,995
Purchase Details
Closed on
Apr 2, 2008
Sold by
Bank Of New York
Bought by
Wire James R and Wire Hanguyen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 13, 2007
Sold by
Smith Ronald R
Bought by
Bank Of New York and Certificateholders Cwabs Inc Asset Backe
Purchase Details
Closed on
May 9, 2006
Sold by
Soutar John J and Soutar Beverly J
Bought by
Smith Ronald R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
11%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hinners David L | $220,000 | Chicago Title Insurance Co | |
| Wire James R | $185,000 | Forum Title Insurance | |
| Bank Of New York | -- | None Available | |
| Smith Ronald R | $335,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hinners David L | $198,000 | |
| Previous Owner | Wire James R | $133,700 | |
| Previous Owner | Wire James R | $148,000 | |
| Previous Owner | Smith Ronald R | $268,000 | |
| Previous Owner | Smith Ronald R | $67,000 | |
| Previous Owner | Soutar John J | $241,000 | |
| Previous Owner | Soutar John J | $216,000 | |
| Previous Owner | Soutar John J | $215,000 | |
| Previous Owner | Soutar John J | $194,880 | |
| Previous Owner | Soutar John J | $39,190 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2020 01/31/20 | Sold | $220,000 | -13.4% | $149 / Sq Ft |
| 12/19/2019 12/19/19 | Pending | -- | -- | -- |
| 12/13/2019 12/13/19 | Price Changed | $253,900 | -3.8% | $172 / Sq Ft |
| 11/23/2019 11/23/19 | For Sale | $263,900 | -- | $179 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,100 | $93,428 | $24,177 | $69,251 |
| 2022 | $6,258 | $78,978 | $24,177 | $54,801 |
| 2021 | $6,258 | $74,571 | $22,828 | $51,743 |
| 2020 | $5,866 | $72,895 | $22,315 | $50,580 |
| 2019 | $6,136 | $73,781 | $21,184 | $52,597 |
| 2018 | $5,840 | $68,552 | $21,937 | $46,615 |
| 2017 | $5,533 | $64,127 | $20,521 | $43,606 |
| 2016 | $5,667 | $62,090 | $19,869 | $42,221 |
| 2015 | -- | $58,180 | $18,618 | $39,562 |
| 2014 | -- | $54,741 | $18,104 | $36,637 |
| 2013 | -- | $56,416 | $18,658 | $37,758 |
Source: Public Records
Agents Affiliated with this Home
-
Julian Mendoza
Seller's Agent in 2020
Julian Mendoza
Universal Real Estate LLC
(847) 204-6600
49 in this area
136 Total Sales
-
Amy Foote
Buyer's Agent in 2020
Amy Foote
Compass
(847) 602-9979
89 in this area
402 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10581449
APN: 03-23-180-012
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