NOT LISTED FOR SALE

503 May St Plano, IL 60545

Estimated Value: $236,000 - $281,000

2 Beds
1 Bath
1,004 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $142,000 $141 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,962/month

17 Days on Market

Highlights

  • Ranch Style House
  • Stainless Steel Appliances
  • Attached Garage
  • Wood Flooring
  • Fenced Yard
  • Bathroom on Main Level

About This Home

As of March 2018

Immaculate, Cozy, Ranch home located in Lakewood Springs Clubhouse Community! Move-in Ready! Stainless Steel appliances in Kitchen with ample cabinets and counter space. Smart appliances with Bluetooth access and smart wireless thermostat. Combined Living Room and Dining Room with remote start Fireplace. Fully fenced large yard to relax and entertain in the summer. Beautiful Clubhouse and pool within this subdivision. Home Warranty included! Why rent when you can own?!

Last Agent to Sell the Property

April Hix

Swanson Real Estate Listed on: 01/12/2018

Last Buyer's Agent

Terry Anderson

john greene, Realtor License #475124419

john greene, Realtor

Home Details

Home Type

  • Single Family

Year Built

  • 2004

Lot Details

  • Fenced Yard

HOA Fees

  • $35 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2004

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Special Service Area: T
  • Age: 11-15 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2004
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Dish, TV Antenna, Security System, Intercom, Ceiling Fan
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Slab
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1004

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.2561

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Includes: Clubhouse, Pool
  • Special Assessments: Y
  • Assessed Sq Ft: 1004
  • Assessment Association Fees: 35
  • Management Contact Name: Victoria Webb
  • Management Phone: 630-552-3270

Fee Information

  • Management Company: Foster Premier

Schools

  • Junior High Dist: 88

Lot Info

  • Lot Dimensions: 78X143X56X129
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0125250027

Tax Info

  • Taxes: 5161.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Mar 8, 2018
Sold by
Hicks Chad M
Bought by
Faber Jeffrey B
Seller's Agent
April Hix
Swanson Real Estate
Buyer's Agent
Terry Anderson
john greene, Realtor
List Price
$148,000
Sold Price
$142,000
Premium/Discount to List
-$6,000
-4.05%
Current Estimated Value
$259,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,944
Avg. Annual Appreciation
8.05%
Original Mortgage
$135,022
Outstanding Balance
$115,345
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$144,599

Purchase Details

Closed on
Apr 12, 2016
Sold by
Hicks Chad M and Hicks Deborah L
Bought by
Hicks Chad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,260
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2008
Sold by
Countrywide Bank Fsb
Bought by
Hicks Chad M and Hicks Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,008
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 2008
Sold by
Scolaro Sam A
Bought by
Countrywide Bank Fsb

Purchase Details

Closed on
May 12, 2005
Sold by
Lakewood Springs Llc
Bought by
Scolaro Sam A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Faber Jeffrey B $142,000 Near National Title
Hicks Chad M -- None Available
Hicks Chad M $114,500 First American Title
Countrywide Bank Fsb $156,340 None Available
Scolaro Sam A $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faber Jeffrey B $135,022
Previous Owner Hicks Chad M $109,260
Previous Owner Hicks Chad M $113,008
Previous Owner Scolaro Sam A $134,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2018 03/08/18 Sold $142,000 -4.1% $141 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $148,000 -- $147 / 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 $6,780 $68,232 $9,377 $58,855
2023 $6,236 $60,688 $8,340 $52,348
2022 $6,236 $55,373 $7,610 $47,763
2021 $5,911 $51,950 $7,140 $44,810
2020 $5,898 $50,931 $7,000 $43,931
2019 $5,812 $49,364 $6,713 $42,651
2018 $5,626 $46,725 $6,393 $40,332
2017 $5,393 $40,696 $6,393 $34,303
2016 $5,162 $35,712 $6,393 $29,319
2015 $2,282 $27,803 $5,250 $22,553
2014 -- $24,783 $5,000 $19,783
2013 -- $22,711 $7,322 $15,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09832388

Midwest Real Estate Data (MRED)

APN: 01-25-250-027