$295,000
SOLD JUN 5, 2024

507 Farmview Rd University Park, IL 60484

3 Beds
3 Baths
2,522 Sq Ft
1997 Built

Recently Sold

$117 Per Sq Ft

6% Below List Price

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Skylights
  • Vaulted Ceiling
  • Formal Dining Room
  • 3 Car Attached Garage

About This Home

As of June 2024

Beautifully updated and ready for new owners! Gorgeous new kitchen with quartz countertops, white shaker style cabinets and all stainless appliances. All new Flooring, including refinished hardwood and all new carpet. New furnace, new central A/C, new hot water heater, new roof in 2023 including skylight, gutters and downspouts. new sump pump, All new interior paint, fixtures and lighting. All new interior and exterior doors including both overhead garage doors. All new interior base and trim throughout home. New Bathroom vanities, toilets, sinks, countertops, faucets, fans and lighting. All black defiant door handles locks and hinges. Main level all solid oak hardwood floors stained Minwax special walnut. New solid oak hand railings and spindles. Plumbing - all new Copper pipes installed throughout. All new LED interchangeable from daylight to soft white lighting installed. Brand new Deck installed in backyard. Please view the 3-D tour and schedule your private showing TODAY!

Last Agent to Sell the Property

Neil Gates

Chase Real Estate LLC License #475174838 Listed on: 04/04/2024

Last Buyer's Agent

J Andy Czako

McColly Bennett Real Estate License #471006388

McColly Bennett Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,183

Year Built

  • Built in 1997

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level with Sub
  • Quad-Level Property
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,522 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Coretta Scott King Magnet Elementary School
  • Crete-Monee Middle School
  • Crete-Monee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Lot Dimensions are 60x120

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,183

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Quad Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors
  • LivingArea: 2522
  • Room Type: Walk In Closet
  • Estimated Total Finished Sq Ft: 1850
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1850
  • Basement Sq Ft: 672
  • Fireplace Location: Family Room
  • Square Footage Comments: see floor plans
  • Total Sq Ft: 2522
  • Unfinished Basement Sq Ft: 672
  • Upper Level Sq Ft: 728
  • Main Level Sq Ft: 588
  • Lower Level Sq Ft: 534
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 314700
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Coretta Scott King Magnet School
  • High School: Crete-Monee High School
  • Middle/Junior School: Crete-Monee Middle School
  • Middle/Junior School District: 201U

Lot Info

  • Lot Dimensions: 60X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7183.24
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 31, 2024
Sold by
Marys Lane Update Llc
Bought by
Lamb Steven and Lamb Felica L
Seller's Agent
Neil Gates
Chase Real Estate LLC
Buyer's Agent
J Andy Czako
McColly Bennett Real Estate
List Price
$314,700
Sold Price
$295,000
Premium/Discount to List
-$19,700
-6.26%
Views
49
Current Estimated Value
$306,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,186
Avg. Annual Appreciation
2.88%
Original Mortgage
$295,000
Outstanding Balance
$292,579
Interest Rate
7.13%
Mortgage Type
VA
Estimated Equity
$12,302

Purchase Details

Listed on
Sep 1, 2023
Closed on
Nov 1, 2023
Sold by
Rcf 2 Acquisition Trust
Bought by
Marys Lane Update Llc
Seller's Agent
Dan Robinson
Crosstown Realtors, Inc.
Buyer's Agent
Christian Chase
Chase Real Estate LLC
List Price
$189,900
Sold Price
$185,900
Premium/Discount to List
-$4,000
-2.11%
Views
349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.70%

Purchase Details

Listed on
Sep 1, 2023
Closed on
Sep 11, 2023
Sold by
Sheriff Of Will County Illinois
Bought by
Rcf 2 Acquisition Trust and Mathurin
Seller's Agent
Dan Robinson
Crosstown Realtors, Inc.
Buyer's Agent
Christian Chase
Chase Real Estate LLC
List Price
$189,900
Sold Price
$185,900
Premium/Discount to List
-$4,000
-2.11%
Views
349

Purchase Details

Closed on
Aug 23, 2018
Sold by
Mathurin Darnley and Mathurin Jacqueline
Bought by
Mathurin Darnley

Purchase Details

Closed on
Apr 29, 2004
Sold by
Michaud Monique
Bought by
Mathurin Darnley and Mathurin Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
9.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2002
Sold by
Holman Marvin and Holman Shih Hua
Bought by
Michaud Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,460
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 1999
Sold by
Parker Arlene G
Bought by
Holman Marvin and Holman Shih Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
10.49%

Purchase Details

Closed on
Mar 20, 1997
Sold by
State Bank Of Countryside
Bought by
Parker Arlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
7.25%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 None Listed On Document
Special Warranty Deed $185,900 Chicago Title
Sheriffs Deed -- Premier Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $180,000 First American
Warranty Deed $158,000 Prairie Title
Warranty Deed $158,000 Capitol Title Llc
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,000 VA
Previous Owner $205,000 Unknown
Previous Owner $144,000 Purchase Money Mortgage
Previous Owner $130,975 Unknown
Previous Owner $155,460 FHA
Previous Owner $130,000 Unknown
Previous Owner $125,000 No Value Available
Previous Owner $123,000 No Value Available
Closed $36,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $295,000 -6.3% $117 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $314,700 +69.3% $125 / Sq Ft
11/08/2023 11/08/23 Sold $185,900 -2.1% $82 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $189,900 0.0% $84 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $189,900 -- $84 / 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
2023 $8,425 $64,762 $9,312 $55,450
2022 $7,718 $56,968 $8,191 $48,777
2021 $6,766 $51,878 $7,523 $44,355
2020 $6,680 $50,196 $7,279 $42,917
2019 $6,746 $47,602 $6,903 $40,699
2018 $6,641 $46,137 $6,750 $39,387
2017 $6,553 $44,737 $6,539 $38,198
2016 $6,222 $42,717 $6,302 $36,415
2015 $5,783 $40,104 $5,831 $34,273
2014 $5,783 $40,636 $5,826 $34,810
2013 $5,783 $42,550 $6,100 $36,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12018794

Midwest Real Estate Data (MRED)

APN: 14-13-416-003