NOT LISTED FOR SALE

507 S 2nd St West Dundee, IL 60118

Estimated Value: $264,000 - $281,000

2 Beds
1 Bath
1,000 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $175,000 $175 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,951/month

4 Days on Market

Highlights

  • Main Floor Bedroom
  • Fenced Yard
  • Central Air
  • Dundee Highlands Elementary School Rated A-
  • Attached Garage
  • Dining Area

About This Home

As of June 2018

Move in ready! Conveniently located a few blocks from downtown. This fully rehabbed home has it all to include an upgraded kitchen with brand new stainless steel appliances, new flooring throughout, freshly painted walls, and a spacious fenced yard! *Home buyer incentives will reduce monthly payments - Check MLS for details. Income and other qualifications apply*

Last Agent to Sell the Property

James Janicke

Hearth & Home Real Estate LLC License #475165439 Listed on: 05/07/2018

Last Buyer's Agent

Sheri Jonas

Baird & Warner Real Estate - Algonquin License #475170400

Baird & Warner Real Estate - Algonquin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,344

Year Built | Renovated

  • 1945 | 2018

Lot Details

  • Fenced Yard

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Main Floor Bedroom
  • Dining Area
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,344

Year Built | Renovated

1945 | 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1000
  • Unfinished Basement Sq Ft: 983
  • Type Detached: 1 Story
  • Estimated Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1945
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Wood Laminate
  • Equipment: CO Detectors
  • Attic: Pull Down Stair
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 12X9, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1000
  • Estimated Total Finished Sq Ft: 1000
  • Basement Sq Ft: 983
  • Main Level Sq Ft: 1000

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.2066

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 300
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 9000 SQUARE FEET
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0327235002

Tax Info

  • Taxes: 3717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jun 15, 2018
Sold by
Housing Continuum Inc
Bought by
Harkness Krystal L and Harkness Matthew
Seller's Agent
James Janicke
Hearth & Home Real Estate LLC
Buyer's Agent
Sheri Jonas
Baird & Warner Real Estate - Algonquin
List Price
$164,900
Sold Price
$175,000
Premium/Discount to List
$10,100
6.12%
Current Estimated Value
$269,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,627
Avg. Annual Appreciation
6.02%
Original Mortgage
$158,250
Outstanding Balance
$139,709
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$123,945

Purchase Details

Closed on
Mar 9, 2017
Sold by
Citi Bank Na
Bought by
Housing Continuum Inc
Source: Public Records

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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
Harkness Krystal L $175,000 Chicago Title Ins Co
Housing Continuum Inc $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harkness Krystal L $158,250
Closed Harkness Krystal L $15,000
Previous Owner Housing Continuum Inc $256,705
Previous Owner Meyer Elaine $309,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $175,000 +6.1% $175 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $164,900 -- $165 / 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
2023 $5,344 $70,444 $17,663 $52,781
2022 $5,021 $62,990 $17,663 $45,327
2021 $4,832 $59,475 $16,677 $42,798
2020 $4,737 $58,138 $16,302 $41,836
2019 $4,573 $55,191 $15,476 $39,715
2018 $4,960 $52,010 $15,170 $36,840
2017 $4,746 $48,653 $14,191 $34,462
2016 $3,717 $47,108 $13,740 $33,368
2015 -- $41,540 $17,765 $23,775
2014 -- $40,392 $17,274 $23,118
2013 -- $41,629 $17,803 $23,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09942241

Midwest Real Estate Data (MRED)

APN: 03-27-235-002