NOT LISTED FOR SALE

506 Cottage St Shorewood, IL 60404

Estimated Value: $394,000 - $458,000

4 Beds
4 Baths
2,028 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $329,000 $162 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,122/month

143 Days on Market

Highlights

  • Updated Kitchen
  • Ranch Style House
  • Stainless Steel Appliances
  • Shorewood Elementary School Rated 9+
  • Granite Countertops
  • Fenced Yard

About This Home

As of March 2021

Motivated Seller. ONE OF A KIND, fully rehabbed custom ranch, 4 bedroom, 3.5 bath features Gourmet kitchen, all new stainless steel appliances, large granite island, wine rack, custom lighting and finishes throughout. Living room/dining room combo has gorgeous stone fireplace, recessed shelving, custom tile flooring. Large Master bedroom with walk-in closet, luxury master bath with whirlpool tub and shower. Fully finished basement is 14 X 58, with custom tile flooring, and an extra room plus laundry room and a full bathroom. Extra long two car garage backs up to 2 story (35 X 20) heated wood-working studio all leading to fully fenced backyard with a large shed/barn. The Owners took pride in every detail and this .79 acre property is an absolute pleasure to show!

Last Agent to Sell the Property

John Dent

Keller Williams Infinity License #475173878 Listed on: 10/07/2020

Keller Williams Infinity

Last Buyer's Agent

Kelly Michelson

Baird & Warner License #475136889

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,974

Year Built | Renovated

  • 1970 | 2020

Lot Details

  • 0.77

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,974

Year Built | Renovated

1970 | 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1970
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970
  • Year Renovated: 2020

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 11X24, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X15, On Level: Basement
  • Dining Room: Dimensions: 10X13, On Level: Main Level
  • Kitchen Type: Dimensions: 12X15, On Level: Main Level
  • Kitchen Type: Island, Custom Cabinetry, Granite Counters, Updated Kitchen
  • Master Bedroom: Dimensions: 14X21, On Level: Main Level
  • Additional Room 1 Name: Other, Dimensions: 10X16, On Level: Basement
  • Bedroom 2: Dimensions: 11X14, On Level: Main Level
  • Bedroom 3: Dimensions: 10X11, On Level: Main Level
  • Bedroom 4: Dimensions: 9X11, On Level: Main Level
  • Estimated Sq Ft: 2028
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 14X58, On Level: Basement

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.77

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 2028

Schools

  • School District: 204
  • Elementary School: Troy Shorewood School
  • Middle School: Troy Middle School
  • High School: Joliet West High School
  • Junior High Dist: 30C

Lot Info

  • Lot Dimensions: 0.77
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0506151030100000

Tax Info

  • Taxes: 6987.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Mar 15, 2021
Sold by
Hodek Steven and Hodek Shannon
Bought by
Bocik Joseph Timothy
Seller's Agent
John Dent
Keller Williams Infinity
Buyer's Agent
Kelly Michelson
Baird & Warner
List Price
$450,000
Sold Price
$329,000
Premium/Discount to List
-$121,000
-26.89%
Current Estimated Value
$433,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,772
Avg. Annual Appreciation
6.34%
Original Mortgage
$263,200
Outstanding Balance
$237,138
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$196,634

Purchase Details

Closed on
Oct 19, 2018
Sold by
Hodek Steven
Bought by
Hodek Steven and Hodek Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,165
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 20, 2012
Closed on
Jun 15, 2012
Sold by
Rossio Joseph
Bought by
Hodek Steven G
Seller's Agent
Kathy Dames
RE/MAX Ultimate Professionals
Buyer's Agent
Steve Blackerby
Coldwell Banker Realty
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$136,451
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2002
Sold by
Bank Of New York
Bought by
Rossio Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.7%

Purchase Details

Closed on
Oct 31, 2001
Sold by
Dorre Roger and Dorre Jill
Bought by
The Bank Of New York and Countrywide Mtg Concuit Inc

Purchase Details

Closed on
Apr 30, 1997
Sold by
First Midwest Trust Company Natl Assn
Bought by
Dorre Roger and Dorre Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
11.72%
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
Bocik Joseph Timothy $329,000 First American Title
Hodek Steven -- Multiple
Hodek Steven G $140,000 Attorneys Title Guaranty Fun
Rossio Joseph $140,000 --
The Bank Of New York -- --
Dorre Roger $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bocik Joseph Timothy $263,200
Previous Owner Hodek Steven $242,165
Previous Owner Hodek Steven G $136,451
Previous Owner Rossio Joseph $246,000
Previous Owner Rossio Joseph $243,000
Previous Owner Rossio Joseph $235,800
Previous Owner Rossio Joseph $57,800
Previous Owner Rossio Joseph $142,098
Previous Owner Rossio Joseph $120,000
Previous Owner Dorre Roger $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $329,000 -6.0% $162 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $349,900 -4.9% $173 / Sq Ft
12/31/2020 12/31/20 Price Changed $368,000 -6.2% $181 / Sq Ft
11/19/2020 11/19/20 Price Changed $392,500 -8.3% $194 / Sq Ft
11/02/2020 11/02/20 Price Changed $428,000 -4.9% $211 / Sq Ft
10/07/2020 10/07/20 For Sale $450,000 +221.4% $222 / Sq Ft
06/20/2012 06/20/12 Sold $140,000 -6.6% $82 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $149,900 0.0% $88 / Sq Ft
01/22/2012 01/22/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $149,900 -- $88 / 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 $9,974 $128,331 $24,929 $103,402
2023 $9,974 $115,302 $22,398 $92,904
2022 $9,003 $109,105 $21,194 $87,911
2021 $8,407 $102,639 $19,938 $82,701
2020 $7,205 $88,639 $19,938 $68,701
2019 $6,987 $85,025 $19,125 $65,900
2018 $7,102 $84,125 $19,125 $65,000
2017 $6,745 $80,875 $19,125 $61,750
2016 $6,757 $78,475 $19,125 $59,350
2015 $6,273 $73,825 $18,525 $55,300
2014 $6,273 $69,730 $18,525 $51,205
2013 $6,273 $69,730 $18,525 $51,205
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10895410

Midwest Real Estate Data (MRED)

APN: 05-06-15-103-010