NOT LISTED FOR SALE

502 S Commons Ct Unit 502 Deerfield, IL 60015

Estimated Value: $450,000 - $618,000

2 Beds
3 Baths
1,632 Sq Ft
$419/mo HOA Fee

Last Sold July 05, 2023

Last sale price $450,000 $276 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,450/month

8 Days on Market

Highlights

  • Open Floorplan
  • Landscaped Professionally
  • Wood Flooring
  • South Park Elementary School Rated A
  • Double Shower
  • End Unit

About This Home

As of July 2023

Showings start 4/12/23 by appointment with 48-hour advance notice (tenant in residence). Don't miss this prime heart-of-town location and this rare Ranch Villa, upgraded top-to-toe with masterful detail and quality. Highlights include a fabulous remodeled kitchen with a breakfast bar, granite countertops and stainless appliances as just the beginning. Add three remodeled baths, a stunning great room with bay window and ten-foot ceilings, and a spacious dining area with sliding glass door access to a private-landscaped patio. The primary bedroom includes a custom-fitted walk-in closet and luxurious bath featuring a separate tub and shower. Hardwood oak floors span throughout the main floor rooms, hallway, bedrooms and the first-floor den which can be flexibly used to suit many needs. Also located on the main living level is a separate laundry/mudroom leading to the attached 2-car garage. This open, spacious and bright one-level retreat has an additional huge benefit -- an amazing finished lower level with approximately 1100 additional square feet of finished living area including over-height finished ceilings, a large family room, a game room, an exercise area, a large bedroom, a full bath and ample storage space as well. Outstanding one-level living ... and then some, all within a heartbeat of Deerfield's town center!

Last Agent to Sell the Property

Allyson Hoffman

RE/MAX Properties Northwest License #471006264 Listed on: 04/10/2023

RE/MAX Properties Northwest

Last Buyer's Agent

Honore Frumentino

@properties Christie's International Real Estate License #471002453

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,426

Year Built

  • Built in 2001

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $419 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Property
  • Brick or Stone Mason
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Plantation Shutters
  • Blinds
  • Bay Window
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Game Room
  • Storage
  • Home Gym
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Soaking Tub
  • Double Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Home Security

Outdoor Features

  • Patio

Schools

  • Kipling Elementary School
  • Alan B Shepard Middle School
  • Deerfield High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Alicia Mosier Smith Association, Phone Number (847) 459-0000
  • South Commons Subdivision, Ashbury Floorplan
  • Property managed by First Service Residential

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,426

Year Built

Built in 2001

Lot Details

0

HOA Fees

$419 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Ground Level Ranch
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Ground Level Ranch
  • Subdivision Name: South Commons
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan, Some Wood Floors, Granite Counters
  • LivingArea: 1632
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Den, Game Room, Exercise Room
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Storage Space
  • Bathroom Amenities: Separate Shower,Double Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Storm Door(s),Sliding Glass Door(s)
  • Window Features: Bay Window(s),Blinds,Double Pane Windows,Plantation Shutters
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 475000
  • Lot Features: Common Grounds, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • 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, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 419
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Alicia Mosier-Smith
  • Management Phone: 847-459-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Kipling Elementary School
  • High School: Deerfield High School
  • Middle/Junior School: Alan B Shepard Middle School
  • Middle/Junior School District: 109

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: INTEGRAL
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 10425.76
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jul 5, 2023
Sold by
Karen A Perlman Revocable Trust
Bought by
Jojo Properties Llc
Seller's Agent
Allyson Hoffman
RE/MAX Properties Northwest
Buyer's Agent
Honore Frumentino
@properties Christie's International Real Estate
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
1
Current Estimated Value
$537,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,484
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Mar 26, 2019
Sold by
Perlman Karen A
Bought by
Perlman Karen A and Karen A Perlman Revocable Trust

Purchase Details

Listed on
Aug 11, 2014
Closed on
Dec 1, 2014
Sold by
Framke Scott
Bought by
Perlman Karen A
Seller's Agent
Allyson Hoffman
RE/MAX Properties Northwest
Buyer's Agent
Alla Kimbarovsky
@properties Christie's International Real Estate
List Price
$474,900
Sold Price
$460,000
Premium/Discount to List
-$14,900
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%
Original Mortgage
$337,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2011
Closed on
Feb 23, 2012
Sold by
Levine Beth C
Bought by
Framke Scott
Seller's Agent
Honore Frumentino
@properties Christie's International Real Estate
Buyer's Agent
Debra Julson
Keller Williams Success Realty
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$288,750
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2011
Sold by
Erickson Paul A and Levine Erickson Beth C
Bought by
Levine Beth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2009
Sold by
Erickson Paul and Levine Erickson Beth C
Bought by
Erickson Paul A and Levine Erickson Beth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.83%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 9, 2001
Sold by
South Commons Venture
Bought by
Erickson Paul and Levine Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,900
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
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
Jojo Properties Llc $450,000 First American Title
Perlman Karen A -- Attorney
Perlman Karen A $460,000 Fidelity National Title
Framke Scott $385,000 Cambridge Title Company
Levine Beth C -- Stewart Title Company
Erickson Paul A -- None Available
Erickson Paul $308,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perlman Karen A $337,400
Previous Owner Framke Scott $288,750
Previous Owner Levine Beth C $155,000
Previous Owner Erickson Paul A $165,000
Previous Owner Erickson Paul $209,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2023 07/05/23 Sold $450,000 -5.3% $276 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $475,000 0.0% $291 / Sq Ft
11/30/2020 11/30/20 Rented $3,600 0.0% --
10/16/2020 10/16/20 For Rent $3,600 +7.5% --
01/16/2017 01/16/17 Rented $3,350 -2.9% --
11/09/2016 11/09/16 Price Changed $3,450 -4.2% $2 / Sq Ft
10/24/2016 10/24/16 Price Changed $3,600 -2.7% $2 / Sq Ft
10/11/2016 10/11/16 For Rent $3,700 +2.8% --
06/14/2016 06/14/16 Rented $3,600 -1.4% --
06/12/2016 06/12/16 Off Market $3,650 -- --
06/01/2016 06/01/16 Price Changed $3,650 -2.7% $2 / Sq Ft
05/11/2016 05/11/16 Price Changed $3,750 -3.8% $2 / Sq Ft
04/25/2016 04/25/16 For Rent $3,900 0.0% --
12/02/2014 12/02/14 Sold $460,000 0.0% $282 / Sq Ft View Prior Sale
11/04/2014 11/04/14 Pending -- -- --
10/30/2014 10/30/14 Off Market $460,000 -- --
08/15/2014 08/15/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $474,900 +23.4% $291 / Sq Ft
03/01/2012 03/01/12 Sold $385,000 -3.5% $236 / Sq Ft View Prior Sale
01/06/2012 01/06/12 Pending -- -- --
10/11/2011 10/11/11 For Sale $399,000 -- $244 / 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 $14,044 $163,881 $15,008 $148,873
2023 $11,059 $157,275 $14,403 $142,872
2022 $11,059 $122,751 $13,542 $109,209
2021 $10,426 $118,348 $13,056 $105,292
2020 $10,027 $118,597 $13,083 $105,514
2019 $9,800 $118,396 $13,061 $105,335
2018 $9,310 $117,280 $13,844 $103,436
2017 $9,235 $116,906 $13,800 $103,106
2016 $8,974 $112,485 $13,278 $99,207
2015 $8,781 $105,689 $12,476 $93,213
2014 $8,779 $101,438 $12,564 $88,874
2012 $8,327 $100,543 $12,453 $88,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11756501

Midwest Real Estate Data (MRED)

APN: 16-33-107-213