NOT LISTED FOR SALE

502 Allanson Rd Mundelein, IL 60060

Estimated Value: $327,000 - $366,000

4 Beds
2 Baths
2,002 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $221,000 $110 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,428/month

50 Days on Market

Highlights

  • Detached Garage
  • Mundelein Cons High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of November 2019

You will love this freshly updated, spacious home conveniently located in Mundelein with easy access to shopping, restaurants and the Metra Train Station. Recent updates include brand new flooring throughout the entire house, fresh paint, new windows and trim work, SS appliances and two gorgeous bathrooms! The floorplan features a large eat in kitchen which is a lovely setting for family meals and entertaining, two family rooms, four large bedrooms with fantastic closet space and a separate laundry/utility room. Enjoy the quiet, private backyard! Steps to Diamond Lake where you can swim, fish & boat and then grab dinner and watch the sunset at Bill's Pub & Pizza! This is great place to call home or purchase as an investment property!

Last Agent to Sell the Property

Anne Hardy

Berkshire Hathaway-Chicago License #471021145 Listed on: 08/21/2019

Berkshire Hathaway-Chicago

Co-Listed By

Juliet Towne

Coldwell Banker Realty License #475182983

Last Buyer's Agent

Henry Alegria

Shopping Casas Chicago LLC License #471022524

Shopping Casas Chicago LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,515

Year Built | Renovated

  • 1973 | 2019

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $6,630 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,515

Year Built | Renovated

1973 | 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Square Footage Comments: Includes Main and Lower Levels
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level
  • Estimated Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973
  • Year Renovated: 2019

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 22X11, On Level: Main Level, Flooring: Carpet
  • Equipment: TV-Cable, CO Detectors, Sump Pump
  • Fireplace Location: Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X10, On Level: Lower
  • Kitchen Type: Dimensions: 11X15, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X13, On Level: Lower, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X10, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 2002
  • Family Room: Dimensions: 12X15, On Level: Lower, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1435

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 120
  • Elementary School: Diamond Lake Elementary School
  • Middle School: West Oak Middle School
  • High School: Mundelein Cons High School
  • Junior High Dist: 76

Lot Info

  • Lot Dimensions: 50X120
  • Parcel Identification Number: 11303201850000

Tax Info

  • Taxes: 5373.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Nov 25, 2019
Sold by
Dass Swedlana
Bought by
Marquez Maria V
Seller's Agent
Anne Hardy
Berkshire Hathaway-Chicago
Buyer's Agent
Henry Alegria
Shopping Casas Chicago LLC
List Price
$229,900
Sold Price
$221,000
Premium/Discount to List
-$8,900
-3.87%
Current Estimated Value
$344,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,280
Avg. Annual Appreciation
7.76%
Original Mortgage
$216,997
Outstanding Balance
$190,016
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$154,264

Purchase Details

Closed on
May 8, 2008
Sold by
U S Bank Na
Bought by
Dass Swedlana

Purchase Details

Closed on
Apr 3, 2008
Sold by
Wachovia Bank Na
Bought by
U S Bank Na and Wachovia Bank Na

Purchase Details

Closed on
Aug 2, 2007
Sold by
Gonzalez Mario L and Case #06 Ch 2714
Bought by
Wachovia Bank Na and Asset Backed Pass Through Certificates S

Purchase Details

Closed on
Nov 30, 2003
Sold by
Gonzalez Mario L and Cordova Jose C
Bought by
Gonzalez Mario L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2000
Sold by
Brua Roger D and Brua Beverly I
Bought by
Cordova Jose C and Gonzalez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,622
Interest Rate
8.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Marquez Maria V $221,000 Old Republic Title
Dass Swedlana $147,000 First American Title
U S Bank Na -- First American Title
Wachovia Bank Na -- None Available
Gonzalez Mario L -- Law Title Insurance
Cordova Jose C $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Maria V $216,997
Previous Owner Gonzalez Mario L $191,250
Previous Owner Cordova Jose C $164,622
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $221,000 +2.8% $110 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
09/20/2019 09/20/19 Price Changed $215,000 -4.4% $107 / Sq Ft
09/07/2019 09/07/19 Price Changed $224,900 -2.2% $112 / Sq Ft
08/21/2019 08/21/19 For Sale $229,900 0.0% $115 / Sq Ft
03/25/2016 03/25/16 Rented $1,650 0.0% --
01/25/2016 01/25/16 For Rent $1,650 -- --
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 $7,515 $87,608 $13,212 $74,396
2023 $6,961 $78,450 $11,831 $66,619
2022 $6,961 $70,781 $11,371 $59,410
2021 $6,702 $69,257 $11,126 $58,131
2020 $6,262 $64,850 $10,418 $54,432
2019 $6,181 $58,394 $9,381 $49,013
2018 $5,306 $50,296 $6,463 $43,833
2017 $5,238 $48,708 $6,259 $42,449
2016 $5,116 $46,181 $5,934 $40,247
2015 $4,988 $43,164 $5,546 $37,618
2014 $5,897 $42,585 $5,472 $37,113
2012 $5,752 $53,695 $6,900 $46,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10492701

Midwest Real Estate Data (MRED)

APN: 11-30-320-185