NOT LISTED FOR SALE

502 Spring Dr Marengo, IL 60152

Estimated Value: $403,000 - $442,000

4 Beds
4 Baths
4,000 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $305,500 $76 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,658/month

Highlights

  • Whirlpool Bathtub
  • Attached Garage
  • Central Air
  • Loft

About This Home

As of May 2021

Inviting and spacious 4-bedroom 3.5-bathroom home in the welcoming subdivision of Brayton Knolls. This recently updated home offers the charm you're looking for. The kitchen has been updated with white concrete countertops, new tile black-splash, new SS appliances, new floors and updated cabinets. The powder room has been completely remodeled with tile floors and new vanity. The second floor provides you with a large loft great for a second family room. Laundry and all 4 bedrooms are located on second floor for your convenience. The primary bedroom is extremely large and has a private bathroom that has been completely renovated. Every bedroom offers plenty of storage with their own walk-in closet! A full finished basement provides a great space for entertaining including a wet bar, play area, built in gun safe and full bathroom. An oversized mud room, great for storage leads you to exterior of the home which has a new pergola covering a patio and over-sized shed. Other features of this home include a 3-car heated garage with 220 electrical upgrade, concrete driveway and fenced in yard. Other improvements are fresh paint through-out, new light fixtures and trim work. The location of the home offers perfect views of the sunrise and sunset!

Last Agent to Sell the Property

Tyler Lewke

Keller Williams Success Realty License #471002170 Listed on: 03/08/2021

Keller Williams Success Realty

Co-Listed By

Chrissy Newbold

RE/MAX Connections II License #475185689

Last Buyer's Agent

Timothy Sebastian

RE/MAX Connections II License #471018930

RE/MAX Connections II

Home Details

Home Type

  • Single Family

Year Built

  • 2005

Lot Details

  • 0.35

HOA Fees

  • $8 per month

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Loft

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2005

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X7, On Level: 2nd Level
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 24X11, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 22X21, On Level: 2nd Level
  • Additional Room 1 Name: Loft, Dimensions: 20X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level
  • Estimated Sq Ft: 4000
  • Family Room: Dimensions: 21X19, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 100
  • Management Contact Name: Jamie
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Brayton Knolls HOA

Schools

  • Junior High Dist: 165

Lot Info

  • Parcel Identification Number: 1601153006

Tax Info

  • Taxes: 7747.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 7, 2021
Sold by
Sparks Joseph J and Sparks Molly E
Bought by
Wilson Jared I
Seller's Agent
Tyler Lewke
Keller Williams Success Realty
Buyer's Agent
Timothy Sebastian
RE/MAX Connections II
List Price
$315,000
Sold Price
$305,500
Premium/Discount to List
-$9,500
-3.02%
Current Estimated Value
$428,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,459
Avg. Annual Appreciation
7.47%
Original Mortgage
$302,000
Outstanding Balance
$273,105
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$155,854

Purchase Details

Listed on
Oct 4, 2018
Closed on
Jan 7, 2019
Sold by
Heuser Ryan and Heuser Cecily
Bought by
Sparks Joseph J and Sparks Molly E
Seller's Agent
Jorel Kilcullen
RE/MAX Connections II
Buyer's Agent
Jorel Kilcullen
RE/MAX Connections II
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$175,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2011
Sold by
Tillman Thomas N and Tillman Kyra A
Bought by
Heuser Ryan and Heuser Cecily

Purchase Details

Closed on
Mar 9, 2004
Sold by
Kennedy Homes Lp
Bought by
Tillman Thomas N and Tillman Kyra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,300
Interest Rate
4.12%
Mortgage Type
Unknown
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
Wilson Jared I $305,500 Attorney
Sparks Joseph J $230,000 Attorneys Title Guaranty Fun
Heuser Ryan $160,000 Multiple
Tillman Thomas N $267,708 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Jared I $302,000
Previous Owner Sparks Joseph J $175,000
Previous Owner Tillman Thomas N $254,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2021 05/04/21 Sold $305,500 -3.0% $76 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $315,000 +37.0% $79 / Sq Ft
01/11/2019 01/11/19 Sold $230,000 -2.1% $75 / Sq Ft View Prior Sale
11/06/2018 11/06/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $235,000 -- $76 / 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 -- $119,998 $11,332 $108,666
2023 $2,111 $106,931 $10,098 $96,833
2022 $2,111 $93,379 $8,818 $84,561
2021 $2,111 $86,518 $8,170 $78,348
2020 $7,256 $81,791 $7,724 $74,067
2019 $7,747 $78,284 $7,393 $70,891
2018 $7,402 $75,462 $5,687 $69,775
2017 $7,309 $72,945 $5,497 $67,448
2016 $7,273 $70,167 $5,288 $64,879
2013 -- $57,628 $14,304 $43,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11001746

Midwest Real Estate Data (MRED)

APN: 16-01-153-006