NOT LISTED FOR SALE

507 Park Ave Sycamore, IL 60178

Estimated Value: $232,761 - $256,000

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

Sale Details

Date Sold: February 29, 2016

Last sale price $130,000

Est. 91% increase in value since last sale

Current estimated payment $1,815 / mo

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

9,191 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Feb 26, 2016
Sold by
Bought by
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
$248,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,440
Avg. Annual Appreciation
6.48%
Original Mortgage
$97,500
Outstanding Balance
$78,630
Interest Rate
4.88%
Mortgage Type
Stand Alone First
Estimated Equity
$169,811

Purchase Details

Closed on
Sep 7, 2005
Sold by
Bought by

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$130,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $97,500
Previous Owner $133,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,711 $73,063 $10,596 $62,467
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08744063

Midwest Real Estate Data (MRED)

APN: 06-32-331-011

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