NOT LISTED FOR SALE

508 S 7th St Dekalb, IL 60115

Estimated Value: $192,000 - $212,351

2 Beds
1 Bath
976 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $190,000 $195 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,359/month

1 Day on Market

Highlights

  • Formal Dining Room
  • Enclosed Patio or Porch
  • 1-Story Property
  • 1 Car Detached Garage
  • Bungalow
  • 5-minute walk to Sweet Park

About This Home

As of April 2024

Multiple offers submitted. No more showings after 12 pm 3/27/24. Quaint 2 bedroom Bungalow that is within walking distance to downtown DeKalb. Enjoy the many restaurants and other establishments for your dining pleasures. The elementary school and middle school are nearby. Enclosed front porch adds to the character of this home, steps are new. There is a finished area in the basement that is currently used for an office. Electric was updated in 2014, all appliances stay including washer and dryer. Most windows, kitchen cabinets, furnace and shower were replaced in 2017. The pull down attic could be finished if one desired. Detached 1 car garage, entrance is on Garden Street. Set up your visit soon, affordability makes this a great investment! Please No showing requests that will extend beyond 7:30pm, baby goes to bed. Thank you.

Last Agent to Sell the Property

Vickie Foster

Willow Real Estate, Inc License #475123368 Listed on: 03/25/2024

Last Buyer's Agent

Belinda Burciaga

HomeSmart Realty Group of IL License #475191400

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1933

Lot Details

  • Lot Dimensions are 54x116
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 976 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • High End Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1933

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1933
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, High End Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Finished Sq Ft: 200
  • LivingArea: 976
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 1196
  • Basement Description: Partially Finished,Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 996
  • Basement Sq Ft: 996
  • Square Footage Comments: 200 sq ft finished in basement office
  • Total Sq Ft: 1992
  • Unfinished Basement Sq Ft: 796
  • Main Level Sq Ft: 996
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 169900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 428

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 54X116
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3500
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 23, 2024
Sold by
Buchanan David and Buchanan Lynnly
Bought by
Lazarit Juan and Lazarit Dora L
Seller's Agent
Vickie Foster
Willow Real Estate, Inc
Buyer's Agent
Belinda Burciaga
HomeSmart Realty Group of IL
List Price
$169,900
Sold Price
$190,000
Premium/Discount to List
$20,100
11.83%
Views
52
Current Estimated Value
$200,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,088
Avg. Annual Appreciation
3.66%
Original Mortgage
$180,500
Outstanding Balance
$177,987
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$22,101

Purchase Details

Listed on
Oct 16, 2017
Closed on
Nov 17, 2017
Sold by
Yi Sue
Bought by
Buchanan David and Buchanan Lynnly
Seller's Agent
Suzi Warner
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Arne Aalrust
Crosstown Realtors, Inc.
List Price
$74,900
Sold Price
$73,000
Premium/Discount to List
-$1,900
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$53,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2012
Sold by
Thompson Marion R
Bought by
Yi Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2010
Sold by
Parham Arthur R
Bought by
Parham Trust
Source: Public Records

Range of Values:

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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
Lazarit Juan $190,000 Chicago Title
Buchanan David $73,000 None Available
Yi Sue $50,000 --
Parham Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazarit Juan $180,500
Previous Owner Buchanan David $53,000
Previous Owner Yi Sue $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $190,000 +11.8% $195 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $169,900 +132.7% $174 / Sq Ft
02/18/2018 02/18/18 Off Market $73,000 -- --
11/17/2017 11/17/17 Sold $73,000 -2.5% --
10/18/2017 10/18/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $74,900 -- --
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 $3,571 $43,510 $8,489 $35,021
2023 $3,571 $37,937 $7,402 $30,535
2022 $3,500 $34,636 $8,448 $26,188
2021 $3,595 $32,485 $7,923 $24,562
2020 $3,676 $31,967 $7,797 $24,170
2019 $3,604 $30,711 $7,491 $23,220
2018 $3,519 $29,670 $7,237 $22,433
2017 $3,553 $28,521 $6,957 $21,564
2016 $3,513 $27,801 $6,781 $21,020
2015 -- $26,342 $6,425 $19,917
2014 -- $28,006 $9,297 $18,709
2013 -- $29,418 $9,766 $19,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12006341

Midwest Real Estate Data (MRED)

APN: 08-23-383-001