NOT LISTED FOR SALE

516 May St Plano, IL 60545

Estimated Value: $299,000 - $346,849

3 Beds
2.5 Baths
1,604 Sq Ft
$204/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2023

Last sale price $310,000 $193 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,479 / mo

3 Days on Market

Highlights

  • Clubhouse
  • Bonus Room
  • Formal Dining Room
  • Property is near park
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of November 2023

Welcome to your future home! This is a fantastic opportunity to own a well-maintained and beautifully 3-bedroom home with 2.5 baths and a partial finished basement. You'll be welcomed by a family room that connects to the spacious kitchen, complete with an island and sleek slate appliances. The main floor also boasts a separate living room and a formal dining room with stunning vinyl plank flooring. The master bedroom offers space and comfort, with a generous walk-in closet. This house offers the convenience of a second-floor laundry. Recent upgrades, including fresh paint on the main level, new light fixtures, a sump pump, and a brand-new roof in 2021. The partially finished basement presents an incredible opportunity to customize the space to your liking - whether it's for a home office or a play room, the possibilities are endless. There's also a nice fenced-in yard with a firepit and a heated garage. Don't miss the chance to make this home yours and experience the benefits of living in a community with a clubhouse and pool!

Last Agent to Sell the Property

Mayra Perez

Whyrent Real Estate Company License #475145750 Listed on: 10/21/2023

Last Buyer's Agent

Yasmin Perez

OnPath Realty Inc. License #475207676

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,360

Year Built

  • Built in 2004

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x129
  • Paved or Partially Paved Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Bonus Room
  • Laminate Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Partially Finished Basement

  • Partial Basement
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near park

Community Details

Overview

  • Association fees include clubhouse, pool
  • Management Association, Phone Number (630) 552-3270
  • Lakewood Springs Subdivision
  • Property managed by Foster Premier

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,360

Year Built

Built in 2004

Lot Details

9,148 Sq Ft Lot

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Lakewood Springs
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors
  • LivingArea: 1604
  • Other Equipment: Humidifier, CO Detectors, Sump Pump
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 932
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 40
  • Association Fee Frequency: Monthly
  • Community Features: Clubhouse, Park, Pool, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier
  • Management Contact Name: Management
  • Management Phone: 630-552-3270
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Clubhouse, Pool

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Dimensions: 70X129
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7360.12
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Nov 1, 2023
Sold by
Sanchez Brayan A and Amayrany Flores
Bought by
Lopez Marco B and Lopez Alan
Seller's Agent
Mayra Perez
Whyrent Real Estate Company
Buyer's Agent
Yasmin Perez
OnPath Realty Inc.
List Price
$295,000
Sold Price
$310,000
Premium/Discount to List
$15,000
5.08%
Views
66
Current Estimated Value
$327,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,462
Avg. Annual Appreciation
2.20%
Original Mortgage
$304,385
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 27, 2019
Closed on
May 22, 2019
Sold by
Jackson Andrew and Jackson Jessica L
Bought by
Flores Sanchez Brayan A and Flores Romero Amayrany
Seller's Agent
Monica Navarro
John Greene Realtor
Buyer's Agent
Mayra Perez
Whyrent Real Estate Company
List Price
$200,000
Sold Price
$198,000
Premium/Discount to List
-$2,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$190,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2014
Closed on
Oct 7, 2014
Sold by
Illinois Housing Development Authority
Bought by
Jackson Andrew and Jackson Jessica L
Seller's Agent
James Conway
Regional Realty Group
Buyer's Agent
Cindy Ellis
RE/MAX Action
List Price
$134,900
Sold Price
$140,000
Premium/Discount to List
$5,100
3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$140,000
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
May 28, 2014
Sold by
Penge David J
Bought by
Illinois Housing Development Authority

Purchase Details

Closed on
Mar 22, 2005
Sold by
Lakewood Springs Llc
Bought by
Penge David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Lopez Marco B $310,000 Chicago Title
Flores Sanchez Brayan A $200,000 Wheatland Title Guaranty
Jackson Andrew -- Fidelity National Title
Illinois Housing Development Authority -- None Available
Penge David J $193,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Lopez Marco B $304,385
Previous Owner Flores Sanchez Brayan A $190,000
Previous Owner Jackson Andrew $140,000
Previous Owner Penge David J $187,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2023 11/16/23 Sold $310,000 +5.1% $193 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/21/2023 10/21/23 For Sale $295,000 +49.0% $184 / Sq Ft
05/24/2019 05/24/19 Sold $198,000 -1.0% $123 / Sq Ft View Prior Sale
04/01/2019 04/01/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $200,000 +42.9% $125 / Sq Ft
10/31/2014 10/31/14 Sold $140,000 +3.8% $86 / Sq Ft View Prior Sale
09/26/2014 09/26/14 Pending -- -- --
08/29/2014 08/29/14 For Sale $134,900 -- $83 / 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 $7,996 $83,013 $9,377 $73,636
2023 $7,360 $73,835 $8,340 $65,495
2022 $7,360 $67,368 $7,610 $59,758
2021 $6,980 $63,203 $7,140 $56,063
2020 $6,978 $61,964 $7,000 $54,964
2019 $6,884 $60,076 $6,713 $53,363
2018 $6,669 $55,803 $6,393 $49,410
2017 $6,502 $50,509 $6,393 $44,116
2016 $6,091 $43,156 $6,393 $36,763
2015 $5,542 $34,660 $5,250 $29,410
2014 -- $32,486 $5,000 $27,486
2013 -- $29,065 $7,322 $21,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11912913

Midwest Real Estate Data (MRED)

APN: 01-25-228-007

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