NOT LISTED FOR SALE

502 E Russell St Barrington, IL 60010

Estimated Value: $1,178,549 - $1,323,000

2 Beds
2 Baths
832 Sq Ft
$1,539/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $245,000 $294 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $8,232/month

16 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Fenced Yard
  • Hough Street Elementary School Rated A+
  • Wood Flooring
  • Detached Garage

About This Home

As of August 2015

Nestled in the Village, this ranch home has 2 bedrooms, a full finished basement w/full bath, & huge fenced yard with mature trees! Large yard great for privacy and perfect for kids and dogs. HW floors throughout main level; walk to train, schools, parks and village amenities! Move-in ready home! Has lots of potential to move right in, add on or tear down and build your dream home!

Last Agent to Sell the Property

John Morrison

@properties Christie's International Real Estate License #471000101 Listed on: 07/06/2015

@properties Christie's International Real Estate

Last Buyer's Agent

William Ashley

Platinum Partners Realtors License #471019522

Platinum Partners Realtors

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • Southern Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X6, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 10X06, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X08, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 20X18, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 832
  • Dining Room Type: L-shaped

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: S (South)
  • Acreage: 0.3

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 220

Lot Info

  • Lot Dimensions: 66X167.80X80.24X214.31
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 01012010480000

Tax Info

  • Taxes: 5028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2017
Sold by
Weekly Homes Llc
Bought by
Reinhart Brain M and Reinhart Tamara R
Current Estimated Value
$1,280,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,000
Outstanding Balance
$553,040
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$727,097

Purchase Details

Listed on
Jul 6, 2015
Closed on
Aug 20, 2015
Sold by
Backstrom Lisa and Klein Lisa
Bought by
Weekley Homes Llc
Seller's Agent
John Morrison
@properties Christie's International Real Estate
Buyer's Agent
William Ashley
Platinum Partners Realtors
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.29%

Purchase Details

Closed on
Jul 20, 2010
Sold by
Wayne Hummer Trust Company Na
Bought by
Klein Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,156
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2001
Sold by
Daniels Annette C
Bought by
Wintrust Asset Management Company Na and Trust #Lft 1282
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Reinhart Brain M $836,500 Chicago Title Company
Weekley Homes Llc $245,000 Attorney
Klein Lisa $214,000 Bt
Wintrust Asset Management Company Na $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinhart Brain M $669,000
Previous Owner Klein Lisa $211,156
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $245,000 -2.0% $294 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $250,000 -- $300 / 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
2025 $18,461 $99,000 $15,919 $83,081
2024 $18,461 $86,000 $13,266 $72,734
2023 $18,016 $86,000 $13,266 $72,734
2022 $18,016 $86,000 $13,266 $72,734
2021 $17,698 $75,095 $6,964 $68,131
2020 $17,135 $75,095 $6,964 $68,131
2019 $16,875 $83,625 $6,964 $76,661
2018 $17,720 $84,366 $6,301 $78,065
2017 $16,653 $79,891 $6,301 $73,590
2016 $4,957 $26,775 $6,301 $20,474
2015 $5,311 $26,664 $5,638 $21,026
2014 $5,265 $26,664 $5,638 $21,026
2013 $5,028 $26,664 $5,638 $21,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08973055

Midwest Real Estate Data (MRED)

APN: 01-01-201-048-0000