NOT LISTED FOR SALE

516 King Ave Unit 244 East Dundee, IL 60118

Estimated Value: $283,263 - $301,000

2 Beds
1.5 Baths
1,521 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $222,500 $146 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,160/month

Highlights

  • Formal Dining Room
  • Porch
  • Walk-In Closet
  • Double Oven
  • 2 Car Attached Garage
  • Stamped Concrete Patio

About This Home

As of July 2021

Don't miss your chance to view this beautiful townhome in East Dundee, IL. This home features 2 bedrooms, 1.5 baths, a large loft space, and an open concept style. If you're looking for storage or extra living space look no further as this unit comes with a full size basement. When it comes to location this home is only minutes from downtown Dundee with shopping, restaurants, a bike path, and more. Schedule a tour today for this must see property!

Last Agent to Sell the Property

Joshua Christenson

Redfin Corporation License #475170846 Listed on: 06/25/2021

Last Buyer's Agent

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 1997 | Remodeled in 2020

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,521 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet

Outdoor Features

  • Stamped Concrete Patio
  • Porch

Schools

  • Parkview Elementary School
  • Carpentersville Middle School
  • Dundee-Crown High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Water Purifier is Owned
  • Water Softener is Owned

Community Details

Overview

  • 8 Units
  • Sales Association, Phone Number (847) 985-6464
  • Property managed by American Property Management

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,962

Year Built

Built in 1997 | Remodeled in 2020

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-TriLevel
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-TriLevel
  • Year Built: 1997
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2020
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Renovated: 2020

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Disposal, Water Purifier Owned, Water Softener Owned
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: 1st Floor Laundry, Walk-In Closet(s)
  • LivingArea: 1521
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Porch, Stamped Concrete Patio
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 152
  • Association Fee Frequency: Monthly
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Management Company: American Property Management
  • Management Contact Name: Sales
  • Management Phone: 847-985-6464
  • Master Association Fee: 98

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Parkview Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Carpentersville Middle School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4961.78
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 28, 2021
Sold by
Kwilas Aaron S
Bought by
Donaldson Daniel J and Donaldson Linda S
Seller's Agent
Joshua Christenson
Redfin Corporation
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$217,500
Sold Price
$222,500
Premium/Discount to List
$5,000
2.3%
Current Estimated Value
$293,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,566
Avg. Annual Appreciation
6.66%
Original Mortgage
$178,000
Outstanding Balance
$161,784
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$131,282

Purchase Details

Listed on
Jun 15, 2019
Closed on
Jul 29, 2019
Sold by
Solarte Karen R
Bought by
Wilas Aaron Kw
Seller's Agent
Danielle Klausing
Real Broker LLC
Buyer's Agent
Gregg Bernadette
HomeSmart Connect LLC
List Price
$199,900
Sold Price
$195,500
Premium/Discount to List
-$4,400
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$185,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2012
Closed on
Sep 4, 2012
Sold by
Gasta Julie and Gasta David
Bought by
Solarte Karen R
Seller's Agent
Ginner McGraw
Baird & Warner
Buyer's Agent
Ray Watson
RE/MAX All Pro
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$147,283
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2006
Sold by
Knoer Kevin J and Miller Saralyn
Bought by
Collins Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,400
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 31, 2002
Sold by
Cohen Inis Y
Bought by
Knoer Kevin J and Miller Saralyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.41%

Purchase Details

Closed on
Aug 4, 2000
Sold by
Cohen Sidney S and Cohen Inis
Bought by
Cohen Inis Y and Inis Y Cohen Revocable Trust

Purchase Details

Closed on
Apr 21, 1998
Sold by
Cohen Inis Y
Bought by
Cohen Sidney S and Cohen Inis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,150
Interest Rate
7.12%

Purchase Details

Closed on
Jan 29, 1998
Sold by
The Reserve Of East Dundee Ltd Prtnrshp
Bought by
Cohen Ini
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
Donaldson Daniel J $222,500 Ct
Wilas Aaron Kw $195,500 Greater Illinois Title Co
Solarte Karen R $150,000 Baird & Warner Title Service
Collins Julie $235,500 Chicago Title Insurance Comp
Knoer Kevin J $175,000 --
Cohen Inis Y -- First American Title Ins Co
Cohen Sidney S -- --
Cohen Ini $139,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donaldson Daniel J $178,000
Previous Owner Wilas Aaron Kw $185,250
Previous Owner Solarte Karen R $147,283
Previous Owner Collins Julie $188,400
Previous Owner Knoer Kevin J $140,000
Previous Owner Cohen Sidney S $111,150
Closed Knoer Kevin J $26,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2021 07/21/21 Sold $222,500 +2.3% $146 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $217,500 +11.3% $143 / Sq Ft
07/30/2019 07/30/19 Sold $195,500 -2.2% $130 / Sq Ft View Prior Sale
06/28/2019 06/28/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $199,900 0.0% $133 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $199,900 +33.3% $133 / Sq Ft
09/05/2012 09/05/12 Sold $150,000 -16.6% $100 / Sq Ft View Prior Sale
08/10/2012 08/10/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $179,900 -- $120 / 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
2024 $5,492 $77,792 $8,371 $69,421
2023 $5,153 $69,995 $7,532 $62,463
2022 $5,436 $69,400 $7,532 $61,868
2021 $5,214 $65,528 $7,112 $58,416
2020 $5,091 $64,055 $6,952 $57,103
2019 $4,962 $60,808 $6,600 $54,208
2018 $4,864 $58,101 $6,469 $51,632
2017 $4,602 $54,350 $6,051 $48,299
2016 $4,711 $52,624 $5,859 $46,765
2015 -- $45,285 $5,490 $39,795
2014 -- $44,034 $5,338 $38,696
2013 -- $45,381 $5,501 $39,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11130726

Midwest Real Estate Data (MRED)

APN: 03-26-204-054