NOT LISTED FOR SALE

507 Oak Dr East Dundee, IL 60118

Estimated Value: $269,000 - $322,000

3 Beds
2 Baths
1,236 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $190,000 $154 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,031/month

3 Days on Market

Highlights

  • Attached Garage
  • 1-Story Property
  • 4-minute walk to Lions Park
  • Crescent City Grade School Rated 10

About This Home

As of December 2021

*Highest & Best due by 7pm Monday, November 1st* Calling all investors! Amazing opportunity in Bonnie Dundee Terrace to make this walk-out hillside your own. Owners have the mechanicals covered for you with high efficiency HVAC (furnace, central air, humidifier) replaced in 2015! Hot water heater in 2019! Brand new sewer line too! Real hardwood most of main level and stainless steel refrigerator and stove. 1148SF walk-out basement is partially finished with some framing and drywall. All appliances included. Lower level full bath needs new shower surround. Home needs updating and investment inside and out and is being sold strictly "as-is" without exception. Conventional financing only. AGENTS please review office comments prior to showing.

Last Agent to Sell the Property

Tammy Lopeparo

Keller Williams Success Realty License #475129166 Listed on: 10/30/2021

Keller Williams Success Realty

Last Buyer's Agent

Alex MG

Universal Real Estate LLC License #475173887

Home Details

Home Type

  • Single Family

Year Built

  • 1964

Lot Details

  • 9,583

Parking

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

Home Design

  • Frame Construction

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch, Walk-Out Ranch
  • Directions: Rt 68 (Penny Ave) to Park St, east to Linden, south on Linden to Oak, right to address
  • Lot Size: 9863
  • Master Model: WALK OUT RANCH
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Bonnie Dundee Terrace
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1964

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full, Walkout
  • Estimated Total Finished Sq Ft: 1236
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2472
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • Other Equipment: Humidifier
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Frame
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 300
  • Middle Or Junior School: Carpentersville Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5052.52
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 2, 2021
Sold by
Walls Lisa J and Walls Alexander
Bought by
Salgado Sandra
Seller's Agent
Tammy Lopeparo
Keller Williams Success Realty
Buyer's Agent
Alex MG
Universal Real Estate LLC
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%
Current Estimated Value
$299,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,166
Avg. Annual Appreciation
10.69%
Original Mortgage
$180,500
Outstanding Balance
$166,322
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$122,095

Purchase Details

Listed on
Sep 25, 2012
Closed on
Oct 31, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Walls Lisa J
Seller's Agent
James Dumont
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Phillip Mazur
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$106,600
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2012
Sold by
Harris Janet and Harris Janet M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 29, 2008
Sold by
Bauer Wayne F and Anderson Ronald H
Bought by
Harris Janet and Harris Willetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2007
Sold by
Saxon Mortgage Services Inc
Bought by
Bauer Wayne F and Anderson Ronald H

Purchase Details

Closed on
Jun 27, 2007
Sold by
Adame Benjamin
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
May 5, 2003
Sold by
Adame Maria
Bought by
Adame Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,892
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2001
Sold by
Joseph Shamiran and Joseph Alfred
Bought by
Adame Maria

Purchase Details

Closed on
Aug 11, 2000
Sold by
Contimortgage Corp
Bought by
Joseph Alfred and Joseph Shamiran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
7.13%

Purchase Details

Closed on
Nov 10, 1999
Sold by
First American Bank
Bought by
Contimortgage Corp

Purchase Details

Closed on
Mar 17, 1997
Sold by
Rosenbach Phillip A and Rosenbach Lila E
Bought by
First American Bank and Trust #K89-033
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salgado Sandra $190,000 None Available
Walls Lisa J $110,000 None Available
Federal Home Loan Mortgage Corporation -- None Available
Harris Janet $236,000 Chicago Title Insurance Co
Bauer Wayne F $165,000 Ticor Title Insurance Co
Saxon Mortgage Services Inc -- None Available
Adame Benjamin $195,000 Multiple
Adame Maria $155,000 --
Joseph Alfred $126,000 --
Contimortgage Corp -- First American Title Ins Co
First American Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salgado Sandra $180,500
Previous Owner Walls Lisa J $106,600
Previous Owner Harris Janet $236,000
Previous Owner Adame Benjamin $161,892
Previous Owner Joseph Alfred $81,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2021 12/14/21 Sold $190,000 0.0% $154 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
11/01/2021 11/01/21 Off Market $190,000 -- --
10/30/2021 10/30/21 For Sale $185,000 +68.3% $150 / Sq Ft
11/27/2012 11/27/12 Sold $109,900 0.0% $96 / Sq Ft View Prior Sale
10/19/2012 10/19/12 Pending -- -- --
09/25/2012 09/25/12 For Sale $109,900 -- $96 / 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 $5,782 $81,483 $17,487 $63,996
2023 $5,429 $73,315 $15,734 $57,581
2022 $5,396 $68,923 $15,734 $53,189
2021 $5,174 $65,077 $14,856 $50,221
2020 $5,053 $63,614 $14,522 $49,092
2019 $4,924 $60,389 $13,786 $46,603
2018 $4,725 $56,610 $13,513 $43,097
2017 $4,470 $52,956 $12,641 $40,315
2016 $4,250 $48,063 $24,890 $23,173
2015 -- $45,037 $23,323 $21,714
2014 -- $43,793 $22,679 $21,114
2013 -- $45,133 $23,373 $21,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11259182

Midwest Real Estate Data (MRED)

APN: 03-23-404-006