NOT LISTED FOR SALE

505 W Ravine Ave Willow Springs, IL 60480

Estimated Value: $409,000 - $530,000

4 Beds
3 Baths
3,052 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $320,000 $105 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,211/month

60 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Bonus Room
  • Argo Community High School Rated A-
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of March 2018

THIS UPDATED HOME BOASTS OPEN FLOORPLAN, HUGE GRANITE ISLAND, SLATE FOYER, MARBLE BATHS ON MAIN LEVEL, HARDWOOD FLRS., AND MAPLE CABINETS. ALL ON A HALF ACRE WOODED LOT OVERLOOKS WOODED RAVINE. 1 BLOCK FROM ACRES OF FOREST PRESERVE WITH MILES OF RUNNING/BIKING/HORSE TRAILS. LOWER LEVEL WALKOUT. NEW ROOF, SOFFIT AND FACIA. NEWER HWH. EXTRA STORAGE IN HAWK SHED. QUIET NEIGHBORHOOD. BOOKCASES IN BONUS ROOM NOT ATTACHED. R.O. SYSTEM AS IS. DECK AS IS. HAWK SHED AS IS. SELLER IS AN ILLINOIS LICENSED REAL ESTATE BROKER.

Last Agent to Sell the Property

Janice Medows

Charles Rutenberg Realty of IL Listed on: 09/13/2017

Last Buyer's Agent

Holly Gross

Century 21 Circle License #471020925

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,869

Year Built | Renovated

  • 1970 | 2009

Lot Details

  • East or West Exposure
  • Wooded Lot

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Bonus Room
  • Wood Flooring

Kitchen

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,869

Year Built | Renovated

1970 | 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2009
  • Square Footage Comments: INCLUDES BOTH LEVELS
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 3052
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1970
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970
  • Year Renovated: 2009

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Ceiling Fan
  • Basement: Walkout
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X12, On Level: Lower, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: Curtains/Drapes
  • Kitchen Type: Island
  • Additional Rooms: Bonus, Foyer
  • Master Bedroom: Dimensions: 19X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Bonus, Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 2 Name: Foyer, Dimensions: 11X6, On Level: Lower, Flooring: Slate, Windows: None
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 4: Dimensions: 11X9, On Level: Lower, Flooring: Carpet, Windows: Curtains/Drapes
  • Estimated Sq Ft: 3052
  • Estimated Total Finished Sq Ft: 3052
  • Lower Level Sq Ft: 1526
  • Main Level Sq Ft: 1526
  • Dining Room Type: Separate
  • Family Room: Dimensions: 25X13, On Level: Lower, Flooring: Carpet, Windows: Shades

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: E (East)
  • Acreage: 0.5

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 1569

Schools

  • School District: 117
  • Junior High Dist: 108

Lot Info

  • Lot Dimensions: 90X221X75X107
  • Lot Description: Wooded
  • Parcel Identification Number: 18334210080000

Tax Info

  • Taxes: 6212.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Mar 2, 2018
Sold by
Chicago Title Land Trust Co
Bought by
Dimitrijevic Milos
Seller's Agent
Janice Medows
Charles Rutenberg Realty of IL
Buyer's Agent
Holly Gross
Century 21 Circle
List Price
$324,900
Sold Price
$320,000
Premium/Discount to List
-$4,900
-1.51%
Current Estimated Value
$483,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,382
Avg. Annual Appreciation
5.55%
Original Mortgage
$288,000
Outstanding Balance
$248,916
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$234,466

Purchase Details

Closed on
Sep 27, 2004
Sold by
Purcell David E and Purcell Elizabeth A
Bought by
Nlsb and Trust #2926

Purchase Details

Closed on
Apr 25, 2001
Sold by
Satek William J and Satek Colette
Bought by
Purcell David E and Purcell Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.99%

Purchase Details

Closed on
Sep 21, 2000
Sold by
Prairie Bank & Trust Company
Bought by
Satek William J and Wozniak Colette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.03%

Purchase Details

Closed on
Jan 11, 1995
Sold by
Kendziorra Guenther and Kendziorra Erika
Bought by
Prairie Bank & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
9.24%
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
Dimitrijevic Milos $320,000 Citywide
Nlsb $337,500 Multiple
Purcell David E $264,000 --
Satek William J -- --
Prairie Bank & Trust Company $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimitrijevic Milos $288,000
Previous Owner Purcell David E $205,000
Previous Owner Satek William J $264,000
Previous Owner Prairie Bank & Trust Company $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold $320,000 -5.6% $105 / Sq Ft
11/12/2017 11/12/17 Pending -- -- --
11/08/2017 11/08/17 Price Changed $339,000 +4.3% $111 / Sq Ft
11/01/2017 11/01/17 For Sale $324,900 0.0% $106 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $324,900 -- $106 / 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 $7,869 $28,943 $8,453 $20,490
2023 $7,401 $28,943 $8,453 $20,490
2022 $7,401 $21,692 $7,350 $14,342
2021 $7,330 $21,691 $7,350 $14,341
2020 $7,820 $23,259 $7,350 $15,909
2019 $8,905 $25,360 $6,615 $18,745
2018 $9,973 $25,360 $6,615 $18,745
2017 $4,631 $25,360 $6,615 $18,745
2016 $6,315 $19,854 $5,880 $13,974
2015 $6,212 $19,854 $5,880 $13,974
2014 $6,131 $19,854 $5,880 $13,974
2013 $6,342 $20,283 $5,880 $14,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09750029

Midwest Real Estate Data (MRED)

APN: 18-33-421-008-0000