NOT LISTED FOR SALE

507 N Charles St Unit 2 Cortland, IL 60112

Estimated Value: $209,000 - $228,327

3 Beds
1.5 Baths
1,200 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $196,000 $163 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,636/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Corner Lot
  • 2 Car Attached Garage
  • Wood Flooring
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of June 2023

* Multiple offers received. Highest & Best due by 3:00 PM Monday May 8, 2023 *Beautiful & affordable townhome in Cortland Estates Subdivision looking for new buyers! Highly desired corner lot close to McPhillips Park & school bus stop. This home features a true 3 bedroom layout all located on the 2nd floor, 1-1/2 bathrooms, a finished basement with storage area & 2 car garage. Updates include new Mohawk Revwood floors on the main level in 2020, new carpet upstairs in 2019, new lower cabinets, sink, & counter-tops in the kitchen in 2020, new water heater in 2022, bathroom & laundry room redone in 2020, new fixtures, & painted through-out home. You will love the small town feel with the convenience of a short drive to shopping, schools, restaurants, 2 hospitals, Hopkins Park, I-88, the Elburn train station, downtown Sycamore & DeKalb, NIU & so much more.

Last Agent to Sell the Property

Marvin Ferguson

Berkshire Hathaway HomeServices Starck Real Estate License #475134748 Listed on: 05/02/2023

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Elizabeth Grujic

Berkshire Hathaway HomeServices Starck Real Estate License #475195817

Berkshire Hathaway HomeServices Starck Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,617

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 61x39
  • Landscaped Professionally

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Open Floorplan
  • Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

Schools

  • Cortland Elementary School
  • Huntley Middle School
  • De Kalb High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • 4 Units
  • Manager Association, Phone Number (815) 787-7368
  • Property managed by Townsend management

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,617

Year Built

Built in 2002

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 2002
  • Age: 21-25 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
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener Owned
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 288
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Storage, Walk-In Closet(s), Dining Combo
  • LivingArea: 1200
  • Other Equipment: Water-Softener Owned, Fire Sprinklers, CO Detectors, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 1488
  • Assessed Sq Ft: 720
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1200
  • Basement Sq Ft: 480
  • Square Footage Comments: 1200 sq ft for main level & upper level
  • Total Sq Ft: 1680
  • Unfinished Basement Sq Ft: 192
  • Upper Level Sq Ft: 720
  • Main Level Sq Ft: 480
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 172500
  • Lot Features: Common Grounds, Corner Lot, Landscaped
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Townsend management
  • Management Contact Name: Manager
  • Management Phone: 815-787-7368
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Cortland Elementary School
  • High School: De Kalb High School
  • Middle/Junior School: Huntley Middle School
  • Middle/Junior School District: 428

Lot Info

  • Lot Dimensions: 61X39
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 4617.29
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 13, 2023
Sold by
Schuler Hill Brittany A and Schuler Nathaniel B
Bought by
Nagler Nagler Rachel Rache Rachel Rache
Seller's Agent
Marvin Ferguson
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Elizabeth Grujic
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$172,500
Sold Price
$196,000
Premium/Discount to List
$23,500
13.62%
Views
141
Current Estimated Value
$219,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,082
Avg. Annual Appreciation
4.89%
Original Mortgage
$156,800
Outstanding Balance
$152,969
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$66,113

Purchase Details

Listed on
Jul 20, 2019
Closed on
Aug 20, 2019
Sold by
Harkins Melissa
Bought by
Hill Brittany A Schuler and Hill Nathaniel B
Seller's Agent
Ann McCormick
Century 21 Affiliated
Buyer's Agent
Marvin Ferguson
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$106,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2014
Closed on
Oct 24, 2014
Sold by
Moberg James E
Bought by
Harkins Melissa
Seller's Agent
Dennis Maakestad
Century 21 Circle
Buyer's Agent
Ann McCormick
Century 21 Affiliated
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$85,405
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2010
Sold by
Garner Glorigen
Bought by
Moberg James E and Moberg Mallory N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Overhaug Todd M
Bought by
Garner Glorigen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.38%
Mortgage Type
New Conventional
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
Nagler Nagler Rachel Rache Rachel Rache $196,000 None Listed On Document
Hill Brittany A Schuler $125,000 Attorney
Harkins Melissa $90,000 --
Moberg James E $88,000 --
Garner Glorigen $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagler Nagler Rachel Rache Rachel Rache $156,800
Previous Owner Hill Brittany A Schuler $106,250
Previous Owner Harkins Melissa $85,405
Previous Owner Moberg James E $79,200
Previous Owner Garner Glorigen $126,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Sold $196,000 +13.6% $163 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $172,500 +38.0% $144 / Sq Ft
09/12/2019 09/12/19 Sold $125,000 -3.0% $98 / Sq Ft View Prior Sale
08/03/2019 08/03/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $128,900 -0.8% $101 / Sq Ft
07/20/2019 07/20/19 For Sale $129,900 +44.5% $101 / Sq Ft
10/24/2014 10/24/14 Sold $89,900 0.0% $70 / Sq Ft View Prior Sale
09/15/2014 09/15/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $89,900 -- $70 / 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 $3,933 $67,897 $5,271 $62,626
2023 $3,933 $47,965 $4,931 $43,034
2022 $3,963 $45,777 $4,706 $41,071
2021 $4,617 $43,585 $4,481 $39,104
2020 $4,627 $42,225 $4,341 $37,884
2019 $3,831 $40,453 $4,159 $36,294
2018 $3,085 $32,949 $3,933 $29,016
2017 $2,554 $27,454 $3,744 $23,710
2016 $2,411 $25,803 $3,519 $22,284
2015 -- $24,231 $3,305 $20,926
2014 -- $23,322 $3,181 $20,141
2013 -- $24,168 $3,296 $20,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11772857

Midwest Real Estate Data (MRED)

APN: 09-20-102-014