NOT LISTED FOR SALE

509 N 7th St Dekalb, IL 60115

Estimated Value: $212,417 - $247,000

4 Beds
2 Baths
-- Sq Ft
0.32 Acres

Last Sold May 06, 2016

Last sale price $48,500

Est. 352% increase in value since last sale

Current estimated payment $1,520/month

18 Days on Market

Highlights

  • Corner Lot
  • Detached Garage
  • Entrance Foyer
  • Fenced Yard
  • Patio
  • 3-minute walk to Yusunas Park

About This Home

As of May 2016

INVESTOR ALERT!! POTENTIAL TO CONVERT TO 2 UNIT ZONED MULTI FAMILY. HUGE CORNER LOT. ALREADY HAS SEPARATE METERS, HOME NEEDS REHAB, EXTRA LARGE GARAGE WITH WORKSHOP. PRICE IS RESERVE OF 45,000.00 HIGHEST AND BEST OFFERS TAKEN UNTIL 4/30/16 BEST OFFER WILL BE CONTACTED ON 5/3/16. HOME BEING SOLD AS IS WHERE IS NO SURVEY AND 100% OF TAXES. Property is currently in violation of various DeKalb Municipal Codes and is the subject of DeKalb County Case No. 15MR69. Purchaser must sign an acknowledgement of the current non-compliance with the City Code, must accept responsibility for making repairs to bring property in compliance with DeKalb City Code, and must apply for permits within 30 days of sale.

Last Agent to Sell the Property

Aaron Schwartz

Weichert REALTORS Signature Professionals License #475161503 Listed on: 04/15/2016

Weichert REALTORS Signature Professionals

Last Buyer's Agent

Maria Pena-Graham

Coldwell Banker Real Estate Group License #475128048

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Lot Details

  • Fenced Yard
  • Corner Lot

Parking

  • Detached Garage
  • Parking Available
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Entrance Foyer
  • Second Floor Utility Room
  • Partial Basement

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Of Rooms: 7
  • Basement: Partial
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X13, On Level: Main Level
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level
  • Additional Rooms: Foyer, Utility Room-2nd Floor
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level
  • Additional Room 1 Name: Foyer, Dimensions: 6X4, On Level: Main Level
  • Additional Room 2 Name: Other, Dimensions: 15X9, On Level: Main Level
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level
  • Additional Room 3 Name: Other, Dimensions: 9X8, On Level: 2nd Level
  • Bedroom 3: Dimensions: 9X9, On Level: 2nd Level
  • Additional Room 4 Name: Utility Room-2nd Floor, Dimensions: 13X7, On Level: 2nd Level
  • Bedroom 4: Dimensions: 15X14, On Level: 2nd Level
  • Family Room: Dimensions: 16X17, On Level: Main Level

Exterior Features

  • Foundation: Brick
  • Lot Size: .25-.49 Acre
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.3269

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Parking Details: None/NA
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, Fuses
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 428

Lot Info

  • Lot Dimensions: 108.10 X 15+ X 155.75 X 78.15 X 145
  • Lot Description: Corner, Fenced Yard
  • Parcel Identification Number: 0823131032

Tax Info

  • Taxes: 885.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
May 6, 2016
Sold by
Green Fay E
Bought by
Franco Ricardo and Franco Elsi
Seller's Agent
Aaron Schwartz
Weichert REALTORS Signature Professionals
Buyer's Agent
Maria Pena-Graham
Coldwell Banker Real Estate Group
List Price
$45,000
Sold Price
$48,500
Premium/Discount to List
$3,500
7.78%
Current Estimated Value
$219,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,617
Avg. Annual Appreciation
17.25%

Purchase Details

Listed on
Apr 15, 2016
Closed on
Apr 5, 2016
Sold by
Briggs Ray G
Bought by
Green Fay E
Seller's Agent
Aaron Schwartz
Weichert REALTORS Signature Professionals
Buyer's Agent
Maria Pena-Graham
Coldwell Banker Real Estate Group
List Price
$45,000
Sold Price
$48,500
Premium/Discount to List
$3,500
7.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Franco Ricardo $48,500 --
Green Fay E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $48,500 +7.8% --
05/03/2016 05/03/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $45,000 -- --
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 $4,495 $54,773 $9,624 $45,149
2023 $4,406 $47,757 $8,391 $39,366
2022 $4,406 $43,602 $9,576 $34,026
2021 $4,525 $40,894 $8,981 $31,913
2020 $4,628 $40,242 $8,838 $31,404
2019 $4,537 $38,661 $8,491 $30,170
2018 $4,430 $37,350 $8,203 $29,147
2017 $4,472 $35,903 $7,885 $28,018
2016 $663 $16,245 $7,686 $8,559
2015 -- $15,393 $7,283 $8,110
2014 -- $17,775 $10,538 $7,237
2013 -- $18,671 $11,069 $7,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09196655

Midwest Real Estate Data (MRED)

APN: 08-23-131-032