NOT LISTED FOR SALE

506 S 7th St West Dundee, IL 60118

Estimated Value: $292,986 - $337,000

3 Beds
2 Baths
1,270 Sq Ft
$249/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $184,500 $145 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,233/month

3 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Wood Flooring
  • Dundee Highlands Elementary School Rated A-
  • Ranch Style House
  • Walk-In Pantry

About This Home

As of February 2018

Welcome to 506 South 7th Street! Adorable. True Turn Key. Updated for today's buyer. Highly Desirable Ranch Living. Fenced Backyard with beautiful open space for backyard fun! Enjoy touring this fabulous home. We will WOW you from the moment you enter. Gorgeous Hardwood Floors, Tons of Natural Light, Updated Kitchen and Baths, Spacious Dining Room, Separate Eating area with generous Island/Breakfast Bar, Fully fenced yard with storage sheds ~ just a great place to call home. You're going to love it like we do! New Roof and Boiler!

Last Agent to Sell the Property

Annie Sullivan

Keller Williams North Shore West License #475173000 Listed on: 01/05/2018

Keller Williams North Shore West

Last Buyer's Agent

Debi Clark

Baird & Warner Fox Valley - Geneva License #475135195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,997

Year Built | Renovated

  • 1959 | 2013

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • Decorative Fireplace
  • Electric Fireplace
  • Dining Area
  • Wood Flooring
  • Crawl Space
  • Storm Screens
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Utilities

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

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,997

Year Built | Renovated

1959 | 2013

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2013
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1270
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1959
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959
  • Year Renovated: 2013

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors
  • Fireplace Details: Electric, Decorative Only
  • Fireplace Location: Living Room
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 16X9, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: Eating Area, Pantry, Deck
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 8X7, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Pantry, Dimensions: 4X4, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Deck, Dimensions: 12X12, On Level: Main Level
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1270
  • Estimated Total Finished Sq Ft: 1270
  • Main Level Sq Ft: 1270
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Acreage: 0.11

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Baseboard

Schools

  • School District: 300
  • Elementary School: DUNDEE HIGHLANDS ELEMENTARY SCHO
  • Middle School: DUNDEE MIDDLE SCHOOL
  • High School: DUNDEE-CROWN HIGH SCHOOL
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 60X80
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 0327206018

Tax Info

  • Taxes: 3992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Feb 16, 2018
Sold by
Underwood John and Underwood Tracey
Bought by
Serna Noe
Seller's Agent
Annie Sullivan
Keller Williams North Shore West
Buyer's Agent
Debi Clark
Baird & Warner Fox Valley - Geneva
List Price
$184,500
Sold Price
$184,500
Current Estimated Value
$316,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,997
Avg. Annual Appreciation
7.46%
Original Mortgage
$181,157
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 29, 2013
Sold by
Riedel Robert E
Bought by
Underwood John
Seller's Agent
Mike Berg
Berg Properties
Buyer's Agent
Scott Schier
Grid 7 Properties
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$120,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2013
Sold by
Palmsiano Mark
Bought by
Riedel Robert E

Purchase Details

Closed on
Dec 24, 2006
Sold by
Palmsiano Mark
Bought by
Palmsiano Mark and Palmsiano Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
May 19, 2006
Sold by
Demien Susan B
Bought by
Palmsiano Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2006
Sold by
Obrien T Michael
Bought by
Obrien T Michael and Obrien Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2005
Sold by
Bernstein Beth E
Bought by
Demien Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 1998
Sold by
Williams James L and Williams Donna J
Bought by
Demien Susan B and Bernstein Beth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,948
Interest Rate
6.9%
Mortgage Type
FHA
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
Serna Noe $184,500 Citywide Title Corp
Underwood John $150,000 First American Title
Riedel Robert E $145,000 None Available
Palmsiano Mark -- None Available
Palmsiano Mark $215,000 Ticor Title Insurance Compan
Obrien T Michael -- None Available
Demien Susan B -- Heritage Title Company
Demien Susan B $129,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serna Noe $179,400
Closed Serna Noe $181,157
Previous Owner Underwood John $120,000
Previous Owner Palmsiano Mark $223,391
Previous Owner Palmsiano Mark $221,777
Previous Owner Palmsiano Mark $202,500
Previous Owner Palmsiano Mark $200,000
Previous Owner Demien Susan B $12,000
Previous Owner Demien Susan B $147,500
Previous Owner Demien Susan B $12,000
Previous Owner Demien Susan B $124,000
Previous Owner Demien Susan B $124,000
Previous Owner Demien Susan B $126,948
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $184,500 0.0% $145 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $184,500 +23.0% $145 / Sq Ft
10/29/2013 10/29/13 Sold $150,000 -14.2% $118 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
08/28/2013 08/28/13 Price Changed $174,900 -2.8% $138 / Sq Ft
07/26/2013 07/26/13 For Sale $179,900 -- $142 / 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 $5,997 $81,572 $19,631 $61,941
2023 $5,596 $73,395 $17,663 $55,732
2022 $5,371 $66,966 $17,663 $49,303
2021 $5,171 $63,229 $16,677 $46,552
2020 $5,071 $61,807 $16,302 $45,505
2019 $4,896 $58,674 $15,476 $43,198
2018 $4,142 $49,433 $24,208 $25,225
2017 $3,926 $46,242 $22,645 $23,597
2016 $3,992 $44,774 $21,926 $22,848
2015 -- $41,954 $20,545 $21,409
2014 -- $40,796 $19,978 $20,818
2013 -- $42,045 $20,590 $21,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09827311

Midwest Real Estate Data (MRED)

APN: 03-27-206-018