NOT LISTED FOR SALE

505 E Old Exchange St Crete, IL 60417

Faithorn Neighborhood

Estimated Value: $388,000 - $431,000

5 Beds
3 Baths
3,200 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2023

Last sale price $379,900 $119 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,101 / mo

Highlights

  • Barn
  • Wood Flooring
  • Sun or Florida Room
  • Deck
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of April 2023

Recently updated all you need to do is unpack! Secluded, brick and cedar split level home on a corner lot. Drive up on private road to a horseshoe driveway that has ample of space to park on .84 acres. Freshly painted, 3200 square ft home that includes an attached 2 1/2 car garage, 5 generous sized bedrooms with a master suite, 3 bathrooms and bonus sun room. Two newly remodeled bathrooms with modern finishes. The extra large, cozy, family room features an attractive gas fireplace and characteristic brick floors. Appealing hard wood floors throughout bedrooms, living room, and dining room. Eat in kitchen includes- beautifully refinished cabinets, an island, pantry, new stainless steel appliances, and Corian countertops and backsplash. Double paned windows throughout, Anderson French doors, and a new hot water heater. Private fenced in backyard consists of a deck, patio pavers with awning, and a 2 horse barn that can be converted to a shed. The home is zoned A1 which will allow horses and some agricultural animals. Taxes do not have any exemptions. This home has already passed well, septic and FHA inspections. Come view this exceptional home, you will not be disappointed!

Last Agent to Sell the Property

Deanne Zayed

Real People Realty License #475165921 Listed on: 03/24/2023

Real People Realty

Last Buyer's Agent

Lauren Petersen

MUV Real Estate License #475194835

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,483

Year Built

  • Built in 1962

Lot Details

  • 36,590 Sq Ft Lot
  • Lot Dimensions are 204 x 183
  • Chain Link Fence
  • Corner Lot

Parking

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

Home Design

  • Split Level Home
  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Additional Features

  • Deck
  • Barn

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,483

Year Built

Built in 1962

Lot Details

0.84 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry
  • LivingArea: 3200
  • Room Type: Bedroom 5, Sun Room, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Chain Link Fence
  • OtherStructures: Barn(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Driveway
  • ParkingTotal: 10
  • Number of Cars: 12.5
  • Driveway: Asphalt,Circular
  • 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: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.84
  • Lot Dimensions: 204 X 183
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8483
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Apr 25, 2023
Sold by
Zayed Walid
Bought by
Woods Matthew Charles and Woods Stacie R
Seller's Agent
Deanne Zayed
Real People Realty
Buyer's Agent
Lauren Petersen
MUV Real Estate
List Price
$379,900
Sold Price
$379,900
Views
46
Current Estimated Value
$408,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,887
Avg. Annual Appreciation
2.54%
Original Mortgage
$367,220
Outstanding Balance
$357,965
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$50,822

Purchase Details

Closed on
Dec 9, 2011
Sold by
Fields Beverly A
Bought by
Zayed Walid

Purchase Details

Closed on
May 8, 2007
Sold by
Mcneil David A and Mcneil Diane J
Bought by
Fields Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 17, 2003
Sold by
Evans Frank J and Evans Vesta A
Bought by
Mcneil David A and Mcneil Diane J

Purchase Details

Closed on
Aug 15, 1994
Sold by
Citicorp Mtg Inc
Bought by
Evans Frank J and Evans Vesta A

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
8.72%

Purchase Details

Closed on
Jan 24, 1994
Sold by
Fitzgerald Thomas P
Bought by
Citibank
Source: Public Records
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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
Woods Matthew Charles $379,900 None Listed On Document
Zayed Walid $143,000 Prairie Title
Fields Beverly A $260,000 None Available
Mcneil David A $232,000 --
Evans Frank J $128,000 Intercounty Title
Citibank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Matthew Charles $367,220
Previous Owner Fields Beverly A $52,000
Previous Owner Evans Frank J $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $379,900 0.0% $119 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $379,900 -- $119 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $11,007 $122,525 $12,312 $110,213
2023 $11,007 $109,407 $10,994 $98,413
2022 $8,953 $89,190 $9,771 $79,419
2021 $8,483 $81,661 $8,946 $72,715
2020 $8,327 $76,533 $8,384 $68,149
2019 $7,923 $71,930 $7,880 $64,050
2018 $7,814 $70,381 $7,710 $62,671
2017 $7,388 $64,838 $7,103 $57,735
2016 $7,368 $64,419 $7,057 $57,362
2015 $7,121 $62,695 $6,868 $55,827
2014 $7,121 $63,328 $6,937 $56,391
2013 $7,121 $66,360 $7,269 $59,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11744752

Midwest Real Estate Data (MRED)

APN: 23-15-15-200-003

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