NOT LISTED FOR SALE

5 Summit St East Dundee, IL 60118

Estimated Value: $340,000 - $419,000

4 Beds
3 Baths
1,474 Sq Ft
$250/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $220,000 $149 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,525/month

26 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2020

MOTIVATED 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

Julian Mendoza

Universal Real Estate LLC License #471013859 Listed on: 11/23/2019

Last Buyer's Agent

Amy Foote

Compass License #475138703

Compass

Home Details

Home Type

  • Single Family

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

Home Details

Home Type

Single Family

Year Built

1966

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Ranch
  • Estimated Year Built: 1966
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X15, On Level: Main Level
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 14X10, On Level: Main Level
  • Kitchen Type: Dimensions: 14X13, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level
  • Bedroom 4: Dimensions: 18X12, On Level: Main Level
  • Estimated Sq Ft: 1474
  • Family Room: Dimensions: 20X20, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.3151

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 75X185
  • Parcel Identification Number: 0323180012

Tax Info

  • Taxes: 5840

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%
Current Estimated Value
$368,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,706
Avg. Annual Appreciation
8.82%
Original Mortgage
$198,000
Outstanding Balance
$175,156
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$193,550

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
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 $148,000
Previous Owner Smith Ronald R $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $7,541 $103,836 $26,870 $76,966
2023 $7,100 $93,428 $24,177 $69,251
2022 $6,258 $78,978 $24,177 $54,801
2021 $6,006 $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

    6 in this area

    120 Total Sales

    Julian Mendoza
    Section Image
  • Amy Foote

    Buyer's Agent in 2020

    Amy Foote

    Compass

    (847) 602-9979

    13 in this area

    374 Total Sales

    Amy Foote
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10581449

Midwest Real Estate Data (MRED)

APN: 03-23-180-012

Illinois Kane County East Dundee 60118

5 Summit St, East Dundee, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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