NOT LISTED FOR SALE

503 Barrington Ave East Dundee, IL 60118

Estimated Value: $291,923 - $332,000

3 Beds
2 Baths
-- Sq Ft
0.37 Acres

Last Sold October 09, 2020

Last sale price $188,000

Est. 66% increase in value since last sale

Current estimated payment $2,185/month

3 Days on Market

Highlights

  • 1.5 Car Detached Garage
  • Patio
  • Forced Air Heating System

About This Home

As of October 2020

2 story home on a large lot with 1 car garage. Upper floor is a 1 bedroom 1 bath unit and tenant is month to month and would like to stay. 1st floor us 2 bedroom 1 bath and vacant. 2 furnaces, window a/c units. Available as a single family home and easily converted back MLS#10830489. 5 blocks to downtown East Dundee and Illinois Prairie Trail. New roof, windows, and siding within 7 years.

Last Agent to Sell the Property

Bill Spencer

Brokerocity Inc License #475122156 Listed on: 08/25/2020

Last Buyer's Agent

Jesus Perez

Realty of America, LLC License #475164326

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,980

Year Built

  • Built in 1871

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 118 x 124 x 112 x 162

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Patio

Community Details

  • 2 Units
  • Farm House

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,980

Year Built

Built in 1871

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1871
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Stone
  • List Price: 185000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.5
  • ParkingTotal: 3.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Schools

  • Elementary School: Parkview Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Carpentersville Middle School
  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.37
  • Lot Dimensions: 118 X 124 X 112 X 162
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 5980
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 7, 2020
Sold by
Sutfin Grant A and Sutx81n Roxann W
Bought by
Montes Luis A Diaz
Seller's Agent
Bill Spencer
Brokerocity Inc
Buyer's Agent
Jesus Perez
Realty of America, LLC
List Price
$185,000
Sold Price
$188,000
Premium/Discount to List
$3,000
1.62%
Current Estimated Value
$311,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,231
Avg. Annual Appreciation
10.78%
Original Mortgage
$141,000
Outstanding Balance
$125,978
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$185,098

Purchase Details

Closed on
Apr 27, 2005
Sold by
Mcavoy Michael and Mc Avoy Noreen P
Bought by
Sutfin Grant A and Sutfin Roxann W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 12, 2000
Sold by
Berna Melvyn A and Berna Susan L
Bought by
Mcavoy Michael and Mcavoy Noreen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
7.9%
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
Montes Luis A Diaz $188,000 Attorney
Sutfin Grant A $202,000 --
Mcavoy Michael $158,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montes Luis A Diaz $141,000
Previous Owner Sutfin Grant A $125,000
Previous Owner Sutfin Grant A $161,600
Previous Owner Mcavoy Michael $128,500
Previous Owner Mcavoy Mike $129,000
Previous Owner Mcavoy Michael $126,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $188,000 +1.6% --
08/28/2020 08/28/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $185,000 -- --
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 $6,019 $84,497 $19,062 $65,435
2023 $5,654 $76,027 $17,151 $58,876
2022 $5,950 $75,386 $17,151 $58,235
2021 $5,709 $71,179 $16,194 $54,985
2020 $6,102 $69,579 $15,830 $53,749
2019 $5,980 $66,052 $15,028 $51,024
2018 $6,045 $64,744 $14,730 $50,014
2017 $5,765 $60,565 $13,779 $46,786
2016 $5,230 $51,761 $15,387 $36,374
2015 -- $48,502 $14,418 $34,084
2014 -- $47,163 $14,020 $33,143
2013 -- $48,606 $14,449 $34,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10830448

Midwest Real Estate Data (MRED)

APN: 03-23-328-002