NOT LISTED FOR SALE

502 King Ave Unit 255 East Dundee, IL 60118

Estimated Value: $287,000 - $303,000

2 Beds
2 Baths
1,750 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $163,500 $93 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,334/month

140 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Loft
  • Property is near a forest
  • Vaulted Ceiling
  • Home Office

About This Home

As of March 2016

FHA Approved! Spectacular 2nd floor ranch with Open floor plan and Volume ceilings with lots of Natural Light. All the upgrades such as Maple 42" cabinets, Stainless Steel Appliances, Granite counter tops, ceramic tile in kitchen. Fireplace in living room with gas logs. Stunning views overlooking Wildlife Preserve and sparkling lake. 3rd bedroom currently being used as an office, can easily be converted to a true 3rd bedroom. Gorgeous Townhouse. Minutes to Springhill Mall, Restaurants and Expressways.

Last Agent to Sell the Property

Diane Christian

Coldwell Banker Realty License #475135255 Listed on: 09/29/2015

Coldwell Banker Realty

Last Buyer's Agent

Sabrina Thandi

Baird & Warner License #475168303

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 1995

HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lakewood Elementary School
  • Carpentersville Middle School
  • Dundee-Crown High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Wooded Lot
  • Property is near a forest

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Dan Association, Phone Number (847) 806-6121
  • Reserve Of East Dundee Subdivision, Mallard Floorplan
  • Property managed by Property Specilist

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,661

Year Built

Built in 1995

Lot Details

0

HOA Fees

$289 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-Ranch,Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-Ranch,Townhouse-2 Story
  • Subdivision Name: RESERVE OF EAST DUNDEE
  • Year Built: 1995
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 1750
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: Loft, Office
  • Stories Total: 2
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 167500
  • Lot Features: Forest Preserve Adjacent, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 207
  • Association Fee Frequency: Monthly
  • Master Association Fee: Yes
  • Management Company: Property Specilist
  • Management Contact Name: Dan
  • Management Phone: 847-806-6121
  • Master Association Fee: 82
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: LAKEWOOD ELEMENTARY SCHOOL
  • High School: DUNDEE-CROWN HIGH SCHOOL
  • Middle/Junior School: CARPENTERSVILLE MIDDLE SCHOOL
  • Middle/Junior School District: 300

Lot Info

  • Lot Dimensions: 0
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3661
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2021
Sold by
Webb Jerry Charles and Webb Jerry Charles
Bought by
Webb Jerry Charles and Webb Jerry Charles
Current Estimated Value
$297,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$100,005
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$197,443

Purchase Details

Closed on
Dec 27, 2019
Sold by
Webb Jerry C and Webb Sandra L
Bought by
Webb Jerry Charles and Webb Jerry Charles

Purchase Details

Closed on
Nov 21, 2018
Sold by
Harmon John Francis and Harmon Jean Ann
Bought by
Webb Jerry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 2017
Sold by
Harmon John Francis and Harmon Jean Ann
Bought by
Harmon John Frances and Harmon Jean Ann

Purchase Details

Listed on
Sep 29, 2015
Closed on
Mar 14, 2016
Sold by
Delisle Christopher J
Bought by
Harmon John Francis and Harmon Jean Ann
Seller's Agent
Diane Christian
Coldwell Banker Realty
Buyer's Agent
Sabrina Thandi
Baird & Warner
List Price
$169,000
Sold Price
$163,500
Premium/Discount to List
-$5,500
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Otto Linda
Bought by
Delisle Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,400
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2000
Sold by
Steineke Richard H and Steineke Margaret A
Bought by
Otto Linda

Purchase Details

Closed on
Sep 30, 1996
Sold by
The Reserve Of East Dundee Ltd Prtnrshp
Bought by
Steineke Richard H and Steineke Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
8.14%
Source: Public Records

Range of Values:

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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
Webb Jerry Charles -- Mortgage Information Svcs In
Webb Jerry Charles -- None Available
Webb Jerry C $199,750 Chicago Title
Harmon John Frances -- Attorney
Harmon John Francis $163,500 Chicago Title Insurance Co
Delisle Christopher J $225,500 Chicago Title Insurance Co
Otto Linda $180,000 First American Title Ins Co
Steineke Richard H $169,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Jerry Charles $130,000
Closed Webb Jerry C $133,200
Previous Owner Delisle Christopher J $168,000
Previous Owner Delisle Christopher J $180,400
Previous Owner Steineke Richard H $126,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Sold $163,500 0.0% $93 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/12/2016 02/12/16 Off Market $163,500 -- --
11/02/2015 11/02/15 Price Changed $167,500 -0.9% $96 / Sq Ft
09/29/2015 09/29/15 For Sale $169,000 -- $97 / 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
2024 $5,514 $78,078 $8,371 $69,707
2023 $5,174 $70,252 $7,532 $62,720
2022 $4,868 $62,769 $7,532 $55,237
2021 $4,666 $59,267 $7,112 $52,155
2020 $4,554 $57,934 $6,952 $50,982
2019 $4,436 $54,998 $6,600 $48,398
2018 $4,162 $50,574 $6,469 $44,105
2017 $3,932 $47,309 $6,051 $41,258
2016 $4,022 $45,807 $5,859 $39,948
2015 -- $39,955 $5,490 $34,465
2014 -- $38,851 $5,338 $33,513
2013 -- $40,040 $5,501 $34,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09051370

Midwest Real Estate Data (MRED)

APN: 03-26-204-030