Seller's Agent in 2016
Michael Ramstedt
Art of Real Estate LLC
(312) 952-2894
15 Total Sales
501 Sherman Ave Evanston, IL 60202
Estimated Value: $879,000 - $1,019,000
4
Beds
3
Baths
3,500
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- 5-minute walk to South Boulevard Station
- Victorian Architecture
- Lincoln Elementary School Rated A
- Wood Flooring
- Sun or Florida Room
About This Home
As of June 2016Amazing one of a kind property. Perfect for artist, small business owner, space lover or multiple family living. 3000 sf 2-story 3 BR 2 Ba + 500 sf 2-story 1 BR 1 Ba coach house. (Built in 1994). And a full private "Zen Garden" in between. Nice centrally located quite residential location. Easy access to both Lake Shore Dr and Ridge Rd. Open floor plan and huge huge rooms. Tons of light and air. 2-car parking pad. Extra storage everywhere. Kitchen AND Kitchenette. 12' ceilings. Exposed brick. HDWD Foors. 2-security systems. Stainless Steel appliances. "Dual" wood burning fireplace that opens up to both bedroom and living room. Lots of little extras including a steam shower, skylights, track lighting, glass block, spiral stairs and more . . . this isn't a house . . its a "compound". Easy showing. Short notice ok. This IS a NEW short sale, but only on the 2nd. Professional short sale attorney advises this is an easier short sale and quick answer and 30 days decision is very possible
Last Agent to Sell the Property
Art of Real Estate LLC License #471016470 Listed on: 09/16/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,503
Year Built
- 1899
Lot Details
- Southern Exposure
- East or West Exposure
- Fenced Yard
- Corner Lot
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Stone Foundation
- Rubber Roof
Interior Spaces
- Vaulted Ceiling
- Skylights
- Wood Burning Fireplace
- See Through Fireplace
- Workroom
- Sun or Florida Room
- Wood Flooring
- Storm Screens
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Bedrooms and Bathrooms
- In-Law or Guest Suite
- Bathroom on Main Level
- Steam Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Parking Available
- Side Driveway
- Off-Street Parking
- Parking Included in Price
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Heating System Uses Gas
- Individual Controls for Heating
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2015
Closed on
May 11, 2016
Sold by
Martin Skomski Diane and Skomski Thomas
Bought by
Palumbo Nicholas
Seller's Agent
Michael Ramstedt
Art of Real Estate LLC
Buyer's Agent
Harris Ali
Sky High Real Estate Inc.
List Price
$685,000
Sold Price
$539,000
Premium/Discount to List
-$146,000
-21.31%
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
$403,345
Avg. Annual Appreciation
6.18%
Original Mortgage
$431,200
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 7, 2009
Sold by
Martin Skomski Diane and Skomski Thomas
Bought by
Martin Skomski Diane and Skomski Thomas
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palumbo Nicholas | $539,000 | Chicago Title | |
| Martin Skomski Diane | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Palumbo Nicholas | $431,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2016 06/24/16 | Sold | $539,000 | 0.0% | $154 / Sq Ft |
| 12/09/2015 12/09/15 | Pending | -- | -- | -- |
| 12/03/2015 12/03/15 | Price Changed | $539,000 | -1.8% | $154 / Sq Ft |
| 11/11/2015 11/11/15 | Price Changed | $549,000 | -8.3% | $157 / Sq Ft |
| 10/13/2015 10/13/15 | Price Changed | $599,000 | -4.2% | $171 / Sq Ft |
| 10/06/2015 10/06/15 | Price Changed | $625,000 | -3.8% | $179 / Sq Ft |
| 09/29/2015 09/29/15 | Price Changed | $650,000 | -3.7% | $186 / Sq Ft |
| 09/22/2015 09/22/15 | Price Changed | $675,000 | -1.5% | $193 / Sq Ft |
| 09/16/2015 09/16/15 | For Sale | $685,000 | -- | $196 / 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 |
|---|---|---|---|---|
| 2024 | $18,503 | $78,752 | $7,220 | $71,532 |
| 2023 | $17,725 | $78,752 | $7,220 | $71,532 |
| 2022 | $17,725 | $78,752 | $7,220 | $71,532 |
| 2021 | $15,845 | $62,243 | $5,700 | $56,543 |
| 2020 | $15,689 | $62,243 | $5,700 | $56,543 |
| 2019 | $15,566 | $69,007 | $5,700 | $63,307 |
| 2018 | $17,168 | $65,278 | $4,750 | $60,528 |
| 2017 | $16,733 | $65,278 | $4,750 | $60,528 |
| 2016 | $17,151 | $69,409 | $4,750 | $64,659 |
| 2015 | $15,876 | $61,004 | $3,990 | $57,014 |
| 2014 | $15,541 | $61,004 | $3,990 | $57,014 |
| 2013 | $15,989 | $64,147 | $3,990 | $60,157 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Ramstedt
-
Harris Ali
Buyer's Agent in 2016
Harris Ali
Sky High Real Estate Inc.
(312) 555-5565
527 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09040650
APN: 11-19-329-016-0000
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