NOT LISTED FOR SALE

505 N Elm St Waterman, IL 60556

Estimated Value: $245,000 - $287,000

3 Beds
2 Baths
2,374 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $120,000 $51 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,834/month

36 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Corner Lot
  • Indian Creek Elementary School Rated A-
  • Main Floor Bedroom
  • Home Office

About This Home

As of August 2014

Don't judge a book by its cover- this home is a lot bigger than it appears! Second floor is a complete in-law suite including kitchen, full bath, large bedroom, sitting room & living room. Hardwood floors the majority of both levels. Basement has a finished den plus a second fireplace & lots of storage space. Heated garage plus a shed for all of your toys. Brand new air conditioner has yet to be used! Quick close ok!

Last Agent to Sell the Property

Cindy Heckelsberg

Coldwell Banker Real Estate Group License #475142782 Listed on: 04/25/2014

Coldwell Banker Real Estate Group

Co-Listed By

Lara Heckelsberg Gawrych

Coldwell Banker Real Estate Group License #475142184

Last Buyer's Agent

Penny Ruddick

Taylored Realty License #471019286

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,422

Year Built

  • 1962

Lot Details

  • Corner Lot

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Home Office
  • Workroom
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bedroom Suite
  • In-Law or Guest Suite
  • Bathroom on Main Level

Outdoor Features

  • Patio
  • Breezeway

Utilities

  • Zoned Heating and Cooling
  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,422

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1962
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 20X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Refrigerator
  • Equipment: Security System, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X8, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: 2nd Kitchen, Office, Suite, Workroom
  • Master Bedroom: Dimensions: 18X13, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: 2nd Kitchen, Dimensions: 9X9, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 2 Name: Suite, Dimensions: 19X13, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 3 Name: Office, Dimensions: 12X12, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 4 Name: Work Rm, Dimensions: 24X12, On Level: Basement, Flooring: Other
  • Additional Room 5 Name: Other, Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 2374

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens, Breezeway
  • Acreage: 0.29

Garage/Parking

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

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, 1 (Window/Wall Unit), Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Baseboard

Schools

  • School District: 425
  • Junior High Dist: 425

Lot Info

  • Lot Dimensions: 88 X 140
  • Lot Description: Corner
  • Parcel Identification Number: 1416228024

Tax Info

  • Taxes: 3717.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2022
Sold by
Joan C Stanley Living Trust
Bought by
Welch Morgan L
Current Estimated Value
$267,575

Purchase Details

Closed on
Nov 10, 2014
Sold by
Stanley Joan C
Bought by
Stanley Trust

Purchase Details

Listed on
Apr 25, 2014
Closed on
Aug 1, 2014
Sold by
Wrobel Robert J
Bought by
Stanley Joan C
Seller's Agent
Cindy Heckelsberg
Coldwell Banker Real Estate Group
Buyer's Agent
Penny Ruddick
Taylored Realty
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$75,000
Interest Rate
4.99%
Mortgage Type
New Conventional
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
Welch Morgan L -- --
Stanley Trust -- --
Stanley Joan C $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanley Joan C $75,000
Previous Owner Wrobel Robert J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $120,000 0.0% $51 / Sq Ft
05/31/2014 05/31/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $120,000 -- $51 / 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 $4,422 $66,462 $13,304 $53,158
2023 $4,422 $60,458 $12,102 $48,356
2022 $4,728 $57,535 $11,517 $46,018
2021 $4,734 $54,999 $11,009 $43,990
2020 $4,648 $52,721 $10,553 $42,168
2019 $4,517 $50,742 $10,157 $40,585
2018 $4,401 $48,622 $9,733 $38,889
2017 $4,323 $46,752 $9,359 $37,393
2016 $4,200 $44,902 $8,989 $35,913
2015 -- $42,360 $8,480 $33,880
2014 -- $41,990 $8,406 $33,584
2013 -- $43,213 $8,651 $34,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08597142

Midwest Real Estate Data (MRED)

APN: 14-16-228-024