NOT LISTED FOR SALE

505 Hale St Marengo, IL 60152

Estimated Value: $300,863 - $325,000

3 Beds
2 Baths
2,366 Sq Ft
$133/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $230,000 $97 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,097/month

5 Days on Market

Highlights

  • Family Room with Fireplace
  • Detached Garage
  • 2-minute walk to Calvin Spencer Park

About This Home

As of December 2021

MULTIPLE OFFERS RECEIVED, SELLERS HAVE CALLED FOR HIGHEST/BEST BY NOON TODAY 10/8. 3 Bedroom 2 Bath Home on Large Corner Lot and featuring a 6.5 Car Garage! Fenced Yard with Lots of Space and Shaded by Mature Trees. 1 Block away from Spencer Park. Newly gutted Laundry/Mud Room has new insulation, drywall, and flooring. Main Floor Bath has been Renovated. Modern Boiler for Hot Water Heat and Central Air also!! Did I say 6.5 Car Garage?!?! See it soon, won't last long!!

Last Agent to Sell the Property

James Bohlander

RE/MAX Connections II License #475125799 Listed on: 10/02/2021

RE/MAX Connections II

Last Buyer's Agent

Jorel Kilcullen

RE/MAX Connections II License #475161218

RE/MAX Connections II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,338

Lot Details

  • 0.38

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Unfinished Attic

Partially Finished Basement

  • Exterior Basement Entry
  • Crawl Space

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,338

Lot Details

0

Parking

6

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Farmhouse
  • Directions: RT 23/176. E 1 BLOCK ON 176 TO HALE.CORNER HALE +ADAMS
  • Lot Size: 123X132X41X15X82X117
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Crawl,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Dining Room Type: Foyer, Recreation Room

Exterior Features

  • Exterior Building Type: Aluminum Siding,Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Side Apron
  • Number of Cars: 10
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 6
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Steam, Baseboard
  • Electric: Circuit Breakers, 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 154
  • Middle Or Junior School: Marengo Community Middle School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 3

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4598.74
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 17, 2021
Sold by
Stout Deborah and Stout Jonathon
Bought by
Laudando Salvatore
Seller's Agent
James Bohlander
RE/MAX Connections II
Buyer's Agent
Jorel Kilcullen
RE/MAX Connections II
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%
Current Estimated Value
$313,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,966
Avg. Annual Appreciation
8.31%
Original Mortgage
$207,000
Outstanding Balance
$191,602
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$122,364

Purchase Details

Closed on
Feb 19, 2011
Sold by
Stout Deborah and Stout Jonathon
Bought by
Stout Deborah and Stout Jonathon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,150
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2007
Sold by
Lipnisky Timothy J
Bought by
Englehart Deborah and Stout Jonathon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 21, 2004
Sold by
West Suburban Bank
Bought by
Lipnisky Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Laudando Salvatore $230,000 None Available
Stout Deborah -- Citywide Title Corp
Englehart Deborah $230,000 Heritage Title Company
Lipnisky Timothy J $165,000 Nlt Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laudando Salvatore $207,000
Previous Owner Stout Deborah $179,150
Previous Owner Englehart Deborah $46,000
Previous Owner Englehart Deborah $184,000
Previous Owner Lipnisky Timothy J $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $230,000 +2.3% $97 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $224,900 -- $95 / 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 $5,338 $78,340 $23,929 $54,411
2023 $5,164 $69,059 $21,094 $47,965
2022 $5,064 $62,452 $19,076 $43,376
2021 $4,691 $56,904 $17,381 $39,523
2020 $4,599 $54,153 $16,541 $37,612
2019 $4,849 $51,311 $15,673 $35,638
2018 $4,482 $48,062 $14,681 $33,381
2017 $4,323 $45,526 $13,906 $31,620
2016 $4,161 $42,536 $12,993 $29,543
2013 -- $41,618 $12,713 $28,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11129161

Midwest Real Estate Data (MRED)

APN: 11-36-102-002