NOT LISTED FOR SALE

500 E Palmer Ave Addison, IL 60101

Estimated Value: $319,000 - $365,000

3 Beds
2 Baths
1,062 Sq Ft
$322/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $315,000 $297 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,347/month

8 Days on Market

Highlights

  • Ranch Style House
  • Screened Porch
  • Skylights
  • Corner Lot
  • Stainless Steel Appliances
  • 2 Car Attached Garage

About This Home

As of July 2021

WELCOME HOME....NOTHING TO DO BUT MOVE IN! 3 BEDROOM 2 BATH RANCH WITH FULL FINISHED BASEMENT.... UPDATED THROUGHOUT! COMPLETE WITH WOODBURNING FIREPLACE IN LIVING ROOM. UPDATED KITCHEN WITH SS APPLIANCES. NEW FLOORING THROUGHOUT INCLUDING THE FINISHED BASEMENT. CAN LIGHTING 1ST FLOOR BATH W/HEAT LAMP. SKYLIGHTS IN MASTER BEDROOM. NEW LIGHT FIXTURES AND CEILING FANS. NEW ENTRY DOOR AND SCREEN DOORS FRONT AND BACK.SCREENED IN PORCH ACCESS FROM GARAGE AND BACK YARD. FURNACE AND A/C 2020. 2CAR GARAGE WITH NEW DOOR. YOU WILL NOT BE DISAPPOINTED!

Last Listed By

Bernadette Carter

RE/MAX Liberty License #475102893 Listed on: 05/15/2021

RE/MAX Liberty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,604

Year Built

  • Built in 1956 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 81.1x73.6x112.5
  • Corner Lot
  • Paved or Partially Paved Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Foundation

Interior Spaces

  • 1,062 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Insulated Windows
  • Living Room with Fireplace
  • Screened Porch
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Schools

  • Fullerton Elementary School
  • Indian Trail Junior High School
  • Addison Trail High School

Utilities

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

Community Details

  • Fairhaven Subdivision, Ranch,Raised Ranch Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,604

Year Built

Built in 1956 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Fairhaven
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Wood Laminate Floors, 1st Floor Full Bath, Some Insulated Wndws
  • LivingArea: 1062
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2597
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Storm Door(s),Panel Door(s)
  • Window Features: All

Exterior Features

  • ExteriorFeatures: Porch Screened
  • Foundation Details: Brick/Mortar
  • List Price: 289000
  • Lot Features: Corner Lot, Irregular Lot
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fullerton Elementary School
  • High School: Addison Trail High School
  • Middle/Junior School: Indian Trail Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: 81.1X73.6X112.5
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4603.62
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jul 2, 2021
Sold by
Mollicone Roger J and Mollicone Rainn R
Bought by
Murff Stephanie N
Seller's Agent
Bernadette Carter
RE/MAX Liberty
Buyer's Agent
Daria Otto
Home Realty Group, Inc
List Price
$289,000
Sold Price
$315,000
Premium/Discount to List
$26,000
9%
Total Days on Market
8
Current Estimated Value
$341,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,546
Avg. Annual Appreciation
2.12%
Original Mortgage
$309,294
Outstanding Balance
$287,697
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$53,849

Purchase Details

Closed on
Jul 25, 2002
Sold by
Mollicone Joyce J
Bought by
Mollicone Joyce J and Joyce J Mollicone Trust

Range of Values:

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Average Value
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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
Murff Stephanie N $315,000 Attorney
Mollicone Joyce J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murff Stephanie N $6,587
Open Murff Stephanie N $309,294
Previous Owner Mollicone Joyce J $50,000
Previous Owner Mollicone Joyce J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $315,000 +9.0% $297 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $289,000 -- $272 / 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
2023 $5,219 $78,900 $34,520 $44,380
2022 $4,995 $73,820 $32,220 $41,600
2021 $4,779 $70,710 $30,860 $39,850
2020 $4,643 $67,730 $29,560 $38,170
2019 $4,604 $65,120 $28,420 $36,700
2018 $4,545 $61,990 $27,050 $34,940
2017 $4,419 $59,240 $25,850 $33,390
2016 $4,286 $54,700 $23,870 $30,830
2015 $4,163 $50,530 $22,050 $28,480
2014 $4,015 $48,670 $20,210 $28,460
2013 $2,563 $49,660 $20,620 $29,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11089614

Midwest Real Estate Data (MRED)

APN: 03-27-316-025