NOT LISTED FOR SALE

504 E Merle Ln Wheeling, IL 60090

Estimated Value: $299,000 - $335,000

3 Beds
1 Bath
972 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $154,000 $158 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,138/month

14 Days on Market

Highlights

  • Attached Garage
  • Wheeling High School Rated A
  • Central Air

About This Home

As of October 2015

Special...Motivated Seller. Bring your ideas, tools and an offer. With a little TLC, this could be your dream house for you and your family. Walk to schools,(grade school is down the street) Fenced yard for the kids and/or pets, close to shopping and park. Breeze-way is finished for lots of extra living space including the washer and dryer so its not in the kitchen. Deep garage with lots of storage above. Turn this home into your dream place to raise your family. Regular sale!

Last Agent to Sell the Property

John Campobasso

Keller Williams Thrive License #471016078 Listed on: 07/27/2015

Keller Williams Thrive

Co-Listed By

Raymond Beyer

Beyer Real Estate Solutions LTD License #471021616

Last Buyer's Agent

Obdulia Garcia-Bailey

Keller Williams Thrive License #475138216

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Year Built

  • 1957

Lot Details

  • 7,405

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Basement

  • Crawl Space

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built

1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Wood Laminate
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 9X9, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level
  • Bedroom 2: Dimensions: 13X9, On Level: Main Level
  • Bedroom 3: Dimensions: 11X9, On Level: Main Level
  • Estimated Sq Ft: 972
  • Family Room: Dimensions: 24X11, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1722

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 21

Lot Info

  • Lot Dimensions: 7500 SQ/FT
  • Parcel Identification Number: 03104060010000

Tax Info

  • Taxes: 4870.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 29, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Medina Armando
Seller's Agent
John Campobasso
Keller Williams Thrive
Buyer's Agent
Obdulia Garcia-Bailey
Keller Williams Thrive
List Price
$155,900
Sold Price
$154,000
Premium/Discount to List
-$1,900
-1.22%
Current Estimated Value
$314,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,344
Avg. Annual Appreciation
7.25%
Original Mortgage
$151,210
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 1998
Sold by
Robin Bonnie C
Bought by
Cole Taylor Bank and Trust #98-4508

Purchase Details

Closed on
Apr 30, 1998
Sold by
Lake Shore Petro Corp
Bought by
Cole Taylor Bank and Trust #39438

Purchase Details

Closed on
Jul 31, 1997
Sold by
Stiebel Robert and Stiebel Jamie
Bought by
Cole Taylor Bank and Trust #89-4174

Purchase Details

Closed on
Jan 7, 1997
Sold by
Borre Paula A
Bought by
Cole Taylor Bank and Trust #4275

Purchase Details

Closed on
Jun 20, 1996
Sold by
Capalnas Ionel and Capalnas Cristine
Bought by
Cole Taylor Bank

Purchase Details

Closed on
Apr 21, 1995
Sold by
Jordan Daniel E and Jordan Mindy A
Bought by
Cole Taylor Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.42%

Purchase Details

Closed on
Jun 6, 1994
Sold by
Tselekis Peter N and Tselekis Karen A
Bought by
Cole Taylor Bank

Purchase Details

Closed on
Mar 31, 1994
Sold by
Orr Dorothy
Bought by
Cole Taylor Bank

Purchase Details

Closed on
Sep 18, 1993
Sold by
Wang Eugene and Wang Shu Y
Bought by
Cole Taylor Bank and Trust #93-4173

Purchase Details

Closed on
Sep 4, 1993
Sold by
Sweda Donald R and Leigh Janet E
Bought by
Cole Taylor Bank and Trust #93-4154

Purchase Details

Closed on
Sep 21, 1992
Sold by
Gurney Richard
Bought by
Cole Taylor Bank and Trust #93-4168
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Medina Armando $154,000 First American Title
Cole Taylor Bank -- --
Cole Taylor Bank -- --
Cole Taylor Bank -- --
Cole Taylor Bank -- --
Cole Taylor Bank -- --
Cole Taylor Bank $273,000 --
Cole Taylor Bank -- --
Cole Taylor Bank -- --
Cole Taylor Bank -- --
Cole Taylor Bank -- --
Cole Taylor Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medina Armando $151,210
Previous Owner Cole Taylor Bank $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $154,000 -1.2% $158 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $155,900 -- $160 / 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
2025 $5,927 $23,000 $5,625 $17,375
2024 $5,927 $21,000 $4,875 $16,125
2023 $5,619 $21,000 $4,875 $16,125
2022 $5,619 $21,000 $4,875 $16,125
2021 $4,743 $16,131 $3,750 $12,381
2020 $4,702 $16,131 $3,750 $12,381
2019 $4,795 $18,064 $3,750 $14,314
2018 $4,380 $15,436 $3,187 $12,249
2017 $4,312 $15,436 $3,187 $12,249
2016 $5,150 $15,436 $3,187 $12,249
2015 $4,993 $14,012 $2,812 $11,200
2014 $4,870 $14,012 $2,812 $11,200
2013 $4,497 $14,012 $2,812 $11,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08994921

Midwest Real Estate Data (MRED)

APN: 03-10-406-001-0000