NOT LISTED FOR SALE

503 King Ave Unit 92 East Dundee, IL 60118

Estimated Value: $286,000 - $318,000

3 Beds
2 Baths
1,752 Sq Ft
$171/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $225,000 $128 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,260/month

61 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Walk-In Closet
  • Crescent City Grade School Rated 10
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of January 2023

This spacious 3 bedroom townhouse on The Reserves has 2 full baths and a 2 car garage. The living and dining room boast vaulted ceilings, "new" carpet and paint plus a gas fireplace that is perfect for the winter season. The Kitchen has 42' cabinets, tile backsplash, pantry closet, and all white appliances. The large master bedroom has two closets and an ensuite with double sink vanity, and walk in shower. If you work from home this loft is perfect! Close to downtown East Dundee, I-90, and Santa's Village. Roof (2017)

Last Agent to Sell the Property

Vera London

Baird & Warner License #475169195 Listed on: 10/07/2022

Baird & Warner

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,791

Year Built

  • Built in 1996

HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,752 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Open Floorplan
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Barb Association, Phone Number (847) 985-6464
  • Reserve Of East Dundee Subdivision, Mallard Floorplan
  • Property managed by American Property Management

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Additional Features

  • Laundry Facilities
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,791

Year Built

Built in 1996

Lot Details

0

HOA Fees

$213 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-Ranch
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-Ranch
  • Subdivision Name: Reserve of East Dundee
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Second Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s), Some Window Treatmnt, Dining Combo, Drapes/Blinds, Pantry
  • LivingArea: 1752
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer, Deck
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • Window Features: Blinds,Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 205
  • Association Amenities: Ceiling Fan, Laundry
  • Association Fee Frequency: Monthly
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Management Company: American Property Management
  • Management Contact Name: Barb
  • Management Phone: 847-985-6464
  • Master Association Fee: 92
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

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

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 4790.72
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Jan 10, 2023
Sold by
Unknown
Bought by
Jimenez Christiams Agulilar
Seller's Agent
Vera London
Baird & Warner
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$234,999
Sold Price
$225,000
Premium/Discount to List
-$9,999
-4.25%
Views
46
Current Estimated Value
$299,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,989
Avg. Annual Appreciation
10.43%
Original Mortgage
$213,750
Outstanding Balance
$206,555
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$93,771

Purchase Details

Closed on
Apr 28, 2005
Sold by
Mitchell Karen L
Bought by
Smith Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 1, 2003
Sold by
Mitchell Randall L
Bought by
Mitchell Karen L

Purchase Details

Closed on
Jun 5, 2002
Sold by
Anglea Gerald M and Anglea Regena C
Bought by
Mitchell Randall and Mitchell Karen

Purchase Details

Closed on
Jul 20, 1998
Sold by
The Reserve Of East Dundee Ltd Prtnrshp
Bought by
Anglea Gerald M and Anglea Regena C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jimenez Christiams Agulilar $225,000 --
Smith Kimberly $195,000 Chicago Title Insurance Comp
Mitchell Karen L -- Chicago Title Insurance Comp
Mitchell Randall $179,000 --
Anglea Gerald M $158,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Christiams Agulilar $213,750
Previous Owner Smith Kimberly $156,000
Previous Owner Anglea Gerald M $85,000
Closed Smith Kimberly $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2023 01/19/23 Sold $225,000 -4.3% $128 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $234,999 -- $134 / 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 $5,633 $79,582 $8,371 $71,211
2023 $5,286 $71,605 $7,532 $64,073
2022 $4,998 $64,283 $7,532 $56,751
2021 $4,791 $60,696 $7,112 $53,584
2020 $4,677 $59,331 $6,952 $52,379
2019 $4,556 $56,324 $6,600 $49,724
2018 $4,274 $51,773 $6,469 $45,304
2017 $4,039 $48,431 $6,051 $42,380
2016 $4,132 $46,893 $5,859 $41,034
2015 -- $40,907 $5,490 $35,417
2014 -- $39,777 $5,338 $34,439
2013 -- $40,994 $5,501 $35,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11647179

Midwest Real Estate Data (MRED)

APN: 03-26-203-035