Seller's Agent in 2023
Brenda Arcari
Baird Warner
(847) 409-7005
6 in this area
102 Total Sales
508 Waters Edge Dr Unit C McHenry, IL 60050
Estimated Value: $167,000 - $201,000
2
Beds
2
Baths
1,112
Sq Ft
87,120
Sq Ft Lot
Highlights
- Multiple Garages
- Living Room
- Laundry Room
- 1 Car Detached Garage
- Resident Manager or Management On Site
- Ceramic Tile Flooring
About This Home
As of June 2023Sold while in processing. Flip for profit. If you've ever thought of flipping for a huge profit this property is for YOU. With comps ranging from the mid $160's all the way up to the $190's the potential for a huge ROI is there. Please note that the community does not allow units to be rented out. The unit comes with a 1 car garage space located in a garage back. Decent sized storage unit is located in garage. Several guests parking spots in large driveway. Balcony with serene views of well kept landscape. In-unit washer and dryer.
Last Agent to Sell the Property
Baird & Warner License #475175919 Listed on: 04/29/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices Starck Real Estate License #475136329
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,466
Year Built
- Built in 1977
Lot Details
- 2
Parking
- 1 Car Detached Garage
- Multiple Garages
- Driveway
- Parking Included in Price
Home Design
- Vinyl Siding
Interior Spaces
- 1,112 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
- Association Phone (847) 516-7000
- Waters Edge Subdivision
- Property managed by Bluestone Management Company
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Additional Features
- Community Storage Space
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2023
Closed on
May 26, 2023
Sold by
Doris A Burdar Supplemental Needs Trust
Bought by
Orgler Sara Lindsay and Serdar Anthony
Seller's Agent
Brenda Arcari
Baird & Warner
Buyer's Agent
Paul Hespen
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$117,000
Sold Price
$132,500
Premium/Discount to List
$15,500
13.25%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,473
Avg. Annual Appreciation
12.87%
Original Mortgage
$112,625
Outstanding Balance
$109,244
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$76,729
Purchase Details
Closed on
Dec 19, 2014
Sold by
Burdar Dorothy
Bought by
Kryc May Jo and The Doris A Burdar Supplemental Needs Tr
Purchase Details
Closed on
Apr 9, 2004
Sold by
First Midwest Bank
Bought by
Burdar Dorothy
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orgler Sara Lindsay | $132,500 | None Listed On Document | |
| Kryc May Jo | -- | None Available | |
| Burdar Dorothy | $128,900 | Ticor |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Orgler Sara Lindsay | $112,625 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2023 06/07/23 | Sold | $132,500 | +13.2% | $119 / Sq Ft |
| 05/11/2023 05/11/23 | Pending | -- | -- | -- |
| 04/29/2023 04/29/23 | For Sale | $117,000 | -- | $105 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $3,460 | $50,904 | $5,554 | $45,350 |
| 2023 | $4,213 | $45,605 | $4,976 | $40,629 |
| 2022 | $3,694 | $38,882 | $4,616 | $34,266 |
| 2021 | $2,467 | $36,210 | $4,299 | $31,911 |
| 2020 | $646 | $34,701 | $4,120 | $30,581 |
| 2019 | $672 | $32,951 | $3,912 | $29,039 |
| 2018 | $747 | $27,429 | $3,735 | $23,694 |
| 2017 | $770 | $25,742 | $3,505 | $22,237 |
| 2016 | $2,221 | $24,058 | $3,276 | $20,782 |
| 2013 | -- | $20,639 | $6,495 | $14,144 |
Source: Public Records
Agents Affiliated with this Home
-
Brenda Arcari
-
Paul Hespen
Buyer's Agent in 2023
Paul Hespen
Berkshire Hathaway HomeServices Starck Real Estate
(815) 354-5526
3 in this area
109 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11774032
APN: 09-33-279-055
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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