NOT LISTED FOR SALE

506 S Hampstead St Cortland, IL 60112

Estimated Value: $305,000 - $325,448

3 Beds
2.5 Baths
1,800 Sq Ft
$176/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $245,000 $136 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,339/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Central Air
  • Gas Log Fireplace
  • 2 Car Attached Garage

About This Home

As of July 2021

Beautifully landscaped and well maintained 2 story, 3 bedroom, 2.5 bath home is located in the peaceful chestnut grove subdivision. This home features a large well appointed kitchen, Stainless steel appliances, granite counter tops, hardwood floors, and a whole house water filtration system. The eat in kitchen is attached to a large family room where you will find upgraded trim, hardwood floors, gas fire place, large windows, great views, and plenty of natural light. The formal dinning area provides a welcoming impression as you a walk into the home from the large covered porch. The upstairs features a master suite, a walk in closet, and new wood laminate flooring throughout. All 3 bathrooms have new vanities, fixtures and has been tastefully updated. The finished basement offers additional entertainment space, a potential 4th bedroom with plenty of storage. The outdoor space has been professionally landscaped, and well manicured. Outdoor amenities include recently painted picket fence, brick patio, pergola, built in fire pit, and backs up to miles of open field. The home is located Just a few steps away from elementary school and only minutes from shopping, and Interstate 88.

Last Agent to Sell the Property

Kevin Matthews

Great Western Properties Listed on: 06/04/2021

Last Buyer's Agent

Kristi Bowers

Realty Group Marino License #475145093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,187

Year Built

  • Built in 2008

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80x150

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Malta Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,187

Year Built

Built in 2008

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 1800
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1010
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 230000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 4
  • Number of Cars: 6
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 145
  • Association Fee Frequency: Quarterly
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Malta Elementary School
  • Middle/Junior School District: 438

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 80X150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5187.12
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 8, 2021
Sold by
Pendleton Mary K
Bought by
Johnson Kerri A and Schuett Thomas J
Seller's Agent
Kevin Matthews
Great Western Properties
Buyer's Agent
Kristi Bowers
Realty Group Marino
List Price
$230,000
Sold Price
$245,000
Premium/Discount to List
$15,000
6.52%
Current Estimated Value
$317,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,362
Avg. Annual Appreciation
6.29%
Original Mortgage
$240,562
Outstanding Balance
$216,029
Interest Rate
2.25%
Mortgage Type
FHA
Estimated Equity
$101,333

Purchase Details

Listed on
Jun 11, 2016
Closed on
Jul 18, 2016
Sold by
Rebone Christian T and Rebone Stephanie
Bought by
Pendleton Mary K
Seller's Agent
Lizabeth Lowe
Century 21 Integra
Buyer's Agent
Lisa Sloan
HomeSmart Connect LLC
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$148,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2012
Closed on
Jul 27, 2012
Sold by
Hud
Bought by
Rebone Christian T and Rebone Stephanie
Seller's Agent
Tammy Engel
RE/MAX Classic
Buyer's Agent
Carolyn Weinert
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$121,500
Sold Price
$127,000
Premium/Discount to List
$5,500
4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$129,730
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
Feb 14, 2012
Sold by
Dekalb County Sheriff
Bought by
Hud

Purchase Details

Closed on
Jan 31, 2008
Sold by
Montalbano Builders Inc
Bought by
Velez Ingrid and Velez Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,522
Interest Rate
6.11%
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
Johnson Kerri A $245,000 Chicago Title
Pendleton Mary K $165,000 First United Title Svcs
Rebone Christian T -- --
Hud -- --
Velez Ingrid $232,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kerri A $240,562
Previous Owner Pendleton Mary K $148,500
Previous Owner Rebone Christian T $129,730
Previous Owner Velez Ingrid $228,522
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2021 07/27/21 Sold $245,000 +6.5% $136 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $230,000 +39.4% $128 / Sq Ft
07/20/2016 07/20/16 Sold $165,000 -2.4% $92 / Sq Ft View Prior Sale
06/20/2016 06/20/16 Pending -- -- --
06/11/2016 06/11/16 For Sale $169,000 +33.1% $94 / Sq Ft
07/27/2012 07/27/12 Sold $127,000 +4.5% $71 / Sq Ft View Prior Sale
06/11/2012 06/11/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $121,500 0.0% $68 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
05/23/2012 05/23/12 Price Changed $121,500 -10.0% $68 / Sq Ft
04/06/2012 04/06/12 For Sale $135,000 -- $75 / 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 $7,351 $90,084 $14,799 $75,285
2023 $7,351 $84,277 $13,845 $70,432
2022 $7,417 $80,432 $13,213 $67,219
2021 $5,373 $56,721 $12,580 $44,141
2020 $5,364 $54,952 $12,188 $42,764
2019 $5,187 $52,647 $11,677 $40,970
2018 $4,462 $44,979 $13,131 $31,848
2017 $4,383 $42,821 $12,501 $30,320
2016 $4,184 $40,245 $11,749 $28,496
2015 -- $45,309 $11,033 $34,276
2014 -- $43,608 $10,619 $32,989
2013 -- $45,190 $11,004 $34,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11110726

Midwest Real Estate Data (MRED)

APN: 09-28-358-006