NOT LISTED FOR SALE

5109 Mccullom Lake Rd McHenry, IL 60050

Estimated Value: $505,500

6 Beds
4 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold December 21, 2020

Last sale price $405,000

Est. 25% increase in value since last sale

Current estimated payment $3,186/month

690 Days on Market

Highlights

  • Corner Lot
  • 1 Car Attached Garage
  • Forced Air Heating System
  • McHenry Community High School - Upper Campus Rated A-

About This Home

As of December 2020

LOOKING FOR AN INVESTMENT? WELL MAINTAINED 4 UNIT BUILDING WITH 1.5 CAR ATTACHED GARAGE FOR EACH 2 BEDROOM UNIT AND OFF STREET PARKING. MANY NEW UPGRADES THAT INCLUDE 25 YEAR SHINGLES, HOT WATER, AIR CONDITIONING, AND MUCH MORE THIS BUILDING HAS BEEN WELL CARED FOR AND IS EASY TO RENT. ALL UNITS CURRENTLY RENTED! WASHER DRYER HOOK-UPS. EVERYTHING IS ELECTRIC.

Last Agent to Sell the Property

Heidi Peterson

RE/MAX Plaza License #475132211 Listed on: 12/04/2018

RE/MAX Plaza

Last Buyer's Agent

Tammy Washer

Grand Realty Group, Inc. License #475146318

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,989

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100x100x120x65
  • Corner Lot
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Valley View Elementary School
  • Parkland Middle School
  • Mchenry High School-West Campus

Utilities

  • Forced Air Heating System
  • Well

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • Room: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 450000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • Elementary School: Valley View Elementary School
  • High School: Mchenry High School-West Campus
  • Middle/Junior School: Parkland Middle School
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.17
  • Lot Dimensions: 75X100X100X120X65
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 10989.2
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Dec 8, 2020
Sold by
Mayfield Rickey E
Bought by
Arndt Allan
Seller's Agent
Heidi Peterson
RE/MAX Plaza
Buyer's Agent
Tammy Washer
Grand Realty Group, Inc.
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%
Current Estimated Value
$505,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,500
Original Mortgage
$397,664
Outstanding Balance
$355,853
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2009
Sold by
Sjmi Enterprise Llc
Bought by
Mayfield Rickey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2005
Sold by
Jablonski Michael and Jablonski Geralyn O
Bought by
Sjmi Enterprise Llc
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
Arndt Allan $405,000 None Available
Mayfield Rickey E $370,000 Chicago Title
Sjmi Enterprise Llc -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arndt Allan $397,664
Previous Owner Mayfield Rickey E $363,298
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $405,000 -10.0% --
10/24/2020 10/24/20 Pending -- -- --
04/28/2019 04/28/19 For Sale $450,000 0.0% --
04/13/2019 04/13/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $450,000 0.0% --
03/19/2019 03/19/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $450,000 -- --
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
2020 $10,696 $102,582 $11,398 $91,184
2019 $10,288 $97,409 $10,823 $86,586
2018 $7,110 $60,346 $4,714 $55,632
2017 $6,753 $56,636 $4,424 $52,212
2016 $6,698 $52,931 $4,135 $48,796
2013 -- $52,113 $4,071 $48,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10150813

Midwest Real Estate Data (MRED)

APN: 09-21-227-009