NOT LISTED FOR SALE

503 Commons Dr Shorewood, IL 60404

Estimated Value: $484,000 - $531,000

4 Beds
2.5 Baths
3,146 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $331,495 $105 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,658/month

29 Days on Market

Highlights

  • Newly Remodeled
  • Community Lake
  • Traditional Architecture
  • Shorewood Elementary School Rated 9+
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of December 2016

UNDER CONSTRUCTON!! 11/30/16 DELIVERY!! Edgewater Subdivision. 50K in Upgrades = WOW Factor!! Westbury Model.....Beautiful, open and spacious 2-story floor plan, 3,146 sq. ft. on premium lot. 9' ceilings on main level, 4 Bedrooms, 2.1 baths, 3-car garage. Dramatic entry with elongated foyer, hardwood floors, oak/metal baluster railings, 1st Floor Study/Den, Formal Living and Dining Rooms, Family Room with Gas Fireplace, Huge Chef's Kitchen with L-shaped island/breakfast bar, large dining area & SS Appliances to include double oven. 2nd floor loft overlooks foyer entry and living room. Spacious Master Bedroom Suite with Dual Walk-in Closets & luxurious garden bath. Full Basement. Elevation C. All interior photos of previous spec built with similar upgrades.

Last Agent to Sell the Property

Nancy Benard

RE/MAX Ultimate Professionals License #475123465 Listed on: 10/12/2016

RE/MAX Ultimate Professionals

Last Buyer's Agent

Eduardo Padro

Pearson Realty Group License #475141511

Pearson Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,875

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Paved or Partially Paved Lot

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,146 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Heatilator
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Loft
  • Utility Room with Study Area
  • Laundry on main level
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Unfinished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Troy Shorewood Elementary School
  • Troy Middle School
  • Joliet West High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • Association fees include insurance
  • Mark Voightman Association, Phone Number (815) 436-0400
  • Edgewater Subdivision, Westbury Floorplan
  • Property managed by Pathway Property Management
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,875

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$30 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Traditional
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Subdivision Name: EDGEWATER
  • Year Built: 2016
  • Age: NEW Under Construction
  • 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
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Heatilator
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry
  • LivingArea: 3146
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Sump Pump
  • Room Type: Eating Area, Study, Loft, Foyer
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Attic: Full,Unfinished
  • Existing Basement/Foundation: No
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 342995
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Concrete
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Monthly
  • Community Features: Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Management Company: Pathway Property Management
  • Management Contact Name: Mark Voightman
  • Management Phone: 815-436-0400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Elementary School: TROY SHOREWOOD SCHOOL
  • High School: JOLIET WEST HIGH SCHOOL
  • Middle/Junior School: TROY MIDDLE SCHOOL
  • Middle/Junior School District: 30C
  • Elementary School #2: WILLIAM B ORENIC

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: APPROX. 11,000 SQ FT
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Year: 2015
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 9, 2016
Sold by
Calatlantic Group Inc
Bought by
Thompson Danielle J
Seller's Agent
Nancy Benard
RE/MAX Ultimate Professionals
Buyer's Agent
Eduardo Padro
Pearson Realty Group
List Price
$342,995
Sold Price
$331,495
Premium/Discount to List
-$11,500
-3.35%
Current Estimated Value
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,505
Avg. Annual Appreciation
4.72%
Original Mortgage
$325,447
Outstanding Balance
$269,677
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$229,323
Source: Public Records

Range of Values:

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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
Thompson Danielle J $331,495 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Danielle J $325,447
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $331,495 -3.4% $105 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $342,995 -- $109 / 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 $11,875 $151,268 $18,510 $132,758
2023 $11,875 $135,910 $16,631 $119,279
2022 $10,705 $128,605 $15,737 $112,868
2021 $10,003 $120,983 $14,804 $106,179
2020 $10,025 $120,983 $14,804 $106,179
2019 $9,731 $116,050 $14,200 $101,850
2018 $9,526 $110,800 $14,200 $96,600
2017 $9,957 $105,942 $14,200 $91,742
2016 $323 $3,373 $3,373 $0
2015 -- $3,373 $3,373 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09365490

Midwest Real Estate Data (MRED)

APN: 05-06-09-112-021