NOT LISTED FOR SALE

507 N Ravine Dr Round Lake Park, IL 60073

Estimated Value: $229,664 - $264,000

4 Beds
1 Bath
1,753 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $215,000 $123 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,787/month

54 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Bonus Room
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of July 2023

Move-in ready 4 bedroom & 1 bathroom 1.5 story on huge lot. 3 bedrooms & full bath on 1st floor. Hardwood & ceramic tile floors throughout the main level. Kitchen with attached breakfast nook/dining room. Mudroom/laundry room on 1st floor. 2nd floor 4th bedroom with attached bonus room & closet. 2 PINs with large 2-car garage and fenced back yard. Come visit your new home today!

Last Agent to Sell the Property

Mike Bodden

Chase Real Estate LLC License #475130117 Listed on: 04/19/2023

Last Buyer's Agent

Lorena Ramirez-Carrillo

YUB Realty Inc License #471019565

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,571

Year Built

  • Built in 1920 | Remodeled in 2023

Lot Details

  • 0.3 Acre Lot

Parking

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

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,753 Sq Ft Home
  • 1.5-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Gas Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Basement Cellar

Schools

  • Round Lake Senior High School

Utilities

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

Community Details

  • Renehan Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,571

Year Built

Built in 1920 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Renehan Beach
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features
  • LivingArea: 1753
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 1753
  • Assessed Sq Ft: 1753
  • Basement Description: Unfinished,Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1753
  • Basement Sq Ft: 250
  • Fireplace Location: Living Room
  • Total Sq Ft: 2003
  • Unfinished Basement Sq Ft: 250
  • Upper Level Sq Ft: 353
  • Main Level Sq Ft: 1400
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 219900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, 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

  • High School: Round Lake Senior High School
  • Middle/Junior School District: 116

Lot Info

  • Lot Size Acres: 0.3
  • Lot Dimensions: 13068
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5570.92
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2016
Sold by
Fannie Mae
Bought by
Affordable Housing Corporation Of Lake C
Current Estimated Value
$244,666

Purchase Details

Closed on
May 17, 2016
Sold by
Affordable Housing Corporation Of Lake C
Bought by
Poniente Properties Llc

Purchase Details

Closed on
Nov 24, 2015
Sold by
Lamb William D and Lamb Joan B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 27, 2003
Sold by
Anderson Carla and Estate Of Frieda Durnberger
Bought by
Lamb William D and Lamb Joan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Anderson Carla and West Irma
Bought by
Lamb William D and Lamb Joan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Affordable Housing Corporation Of Lake C -- First American Title
Poniente Properties Llc -- First American Title
Federal National Mortgage Association $33,800 Attorney
Lamb William D -- --
Lamb William D $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poniente Properties Llc $400,000
Previous Owner Lamb William D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $215,000 -2.2% $123 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $219,900 0.0% $125 / Sq Ft
06/07/2023 06/07/23 For Sale $219,900 +4.8% $125 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $209,900 -- $120 / 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 $5,221 $57,733 $9,107 $48,626
2023 $4,064 $50,462 $7,960 $42,502
2022 $4,064 $44,367 $6,241 $38,126
2021 $4,377 $37,255 $5,999 $31,256
2020 $4,223 $35,447 $5,708 $29,739
2019 $3,446 $34,008 $5,476 $28,532
2018 $888 $6,365 $6,364 $1
2017 $881 $5,987 $5,986 $1
2016 $812 $18,268 $6,145 $12,123
2015 $1,708 $16,689 $5,614 $11,075
2014 $3,049 $25,676 $5,216 $20,460
2012 $3,082 $26,816 $5,448 $21,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11762906

Midwest Real Estate Data (MRED)

APN: 06-21-415-016