NOT LISTED FOR SALE

507 Park Ave Sycamore, IL 60178

Estimated Value: $232,268 - $258,000

5 Beds
2 Baths
-- Sq Ft
9,191 Sq Ft Lot

Last Sold February 29, 2016

Last sale price $130,000

Est. 97% increase in value since last sale

Current estimated payment $1,811/month

456 Days on Market

Highlights

  • First Floor Utility Room
  • Enclosed Patio or Porch
  • Baseboard Heating
  • Fenced Yard
  • Forced Air Heating System

About This Home

As of February 2016

Hard to find Money Making 2 Unit. Unit one has been just updated with new floors and paint. It has 3 bedrooms, large living room, kitchen, dining room, newer appliances and furnace. Unit Two-upper unit has 2 bedrooms, kitchen with newer appliances and living room. Both units are section 8 approved.

Last Agent to Sell the Property

Shannon Schmit

Century 21 Elsner Realty Listed on: 10/02/2014

Last Buyer's Agent

Mark Southwood

Coldwell Banker Real Estate Group - Sycamore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,519

Lot Details

  • Lot Dimensions are 55x167
  • Fenced Yard

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • First Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,519

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Enclosed Porch, Utility Room-1st Floor
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air, Baseboard
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 55X167
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4519.06
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Feb 26, 2016
Sold by
Susina Josephine M
Bought by
Corso Joshua L
Seller's Agent
Shannon Schmit
Century 21 Elsner Realty
Buyer's Agent
Mark Southwood
Coldwell Banker Real Estate Group - Sycamore
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Current Estimated Value
$255,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,821
Avg. Annual Appreciation
6.77%
Original Mortgage
$97,500
Outstanding Balance
$80,173
Interest Rate
4.88%
Mortgage Type
Stand Alone First
Estimated Equity
$167,894

Purchase Details

Closed on
Sep 7, 2005
Sold by
Susina William H
Bought by
Susina William H and Susina Josephine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.89%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Corso Joshua L $130,000 --
Susina William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corso Joshua L $97,500
Previous Owner Susina William H $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $130,000 -7.1% --
01/01/2016 01/01/16 Pending -- -- --
08/24/2015 08/24/15 For Sale $139,900 +7.6% --
08/15/2015 08/15/15 Off Market $130,000 -- --
10/02/2014 10/02/14 For Sale $139,900 -- --
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 $5,675 $68,694 $9,962 $58,732
2023 $5,453 $62,729 $9,097 $53,632
2022 $5,453 $57,534 $8,344 $49,190
2021 $5,211 $54,012 $7,833 $46,179
2020 $5,147 $52,684 $7,640 $45,044
2019 $5,072 $51,530 $7,473 $44,057
2018 $4,996 $49,966 $7,246 $42,720
2017 $4,888 $47,989 $6,959 $41,030
2016 $4,788 $45,800 $6,642 $39,158
2015 -- $43,106 $6,251 $36,855
2014 -- $40,933 $5,936 $34,997
2013 -- $41,718 $6,050 $35,668
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08744063

Midwest Real Estate Data (MRED)

APN: 06-32-331-011