NOT LISTED FOR SALE

516 N Charles St Cortland, IL 60112

Estimated Value: $262,000 - $318,000

3 Beds
3 Baths
1,678 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $245,000 $146 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,102/month

Highlights

  • Deck
  • Ranch Style House
  • Breakfast Room
  • Vaulted Ceiling
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of October 2023

Open floor plan ranch sitting on a corner lot. Welcoming foyer that opens up to the living room with VAULTED ceilings, wood laminate floors, wood burning fireplace with mantle surround. Eat-in kitchen with plenty of cabinets. All appliances stay. Primary bedroom with vaulted ceilings, walk- in closet, and private bathroom. Two additional bedrooms and full hall bathroom on the first floor. First floor laundry includes washer and dryer. Full bath in basement. Two more roughed in bedrooms in the basement. 16X23 wood deck with pergola overlooking the beautiful fenced in yard that backs to McPhiilps Park with playground, basketball court and walking path. GREAT LOCATION.... close to I88, NIU, shopping and many restaurants! Home being sold "AS-IS"

Last Agent to Sell the Property

Jodie Elliott

RE/MAX Excels License #475175694 Listed on: 09/17/2023

RE/MAX Excels

Last Buyer's Agent

Alyssa Buttels

Excel Realty Group License #475198545

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,615

Year Built

  • Built in 1999

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 108x120x108x120
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,678 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Unfinished Attic
  • Storm Screens

Flooring

  • Partially Carpeted
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on main level
  • Gas Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Fire Pit
  • Shed
  • Pergola

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener Leased

Community Details

  • Cortland Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,615

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Cortland Estates
  • Year Built: 1999
  • Age: 21-25 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Some Carpeting, Drapes/Blinds
  • LivingArea: 1678
  • Other Equipment: Water-Softener Rented
  • Room Type: Breakfast Room, Foyer, Deck
  • Estimated Total Finished Sq Ft: 1678
  • Assessed Sq Ft: 1678
  • Basement Description: Partially Finished
  • Bathroom Amenities: Garden Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1678
  • Basement Sq Ft: 1678
  • Fireplace Location: Family Room
  • Total Sq Ft: 3356
  • Unfinished Basement Sq Ft: 1678
  • Attic: Unfinished
  • Main Level Sq Ft: 1678
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, Fire Pit, Other
  • Foundation Details: Concrete Perimeter
  • List Price: 240000
  • Lot Features: Corner Lot
  • OtherStructures: Pergola, Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(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: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 428

Lot Info

  • Lot Size Acres: 0.2999
  • Lot Dimensions: 108X120X108X120
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 6615.16
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2023
Closed on
Oct 5, 2023
Sold by
Ruchti James A and Ruchti Deborah L
Bought by
Zenk Brianna L and Sherrell Ryan L
Seller's Agent
Jodie Elliott
RE/MAX Excels
Buyer's Agent
Alyssa Buttels
Excel Realty Group
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Views
22
Current Estimated Value
$294,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,446
Avg. Annual Appreciation
9.73%
Original Mortgage
$200,900
Outstanding Balance
$196,994
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$97,452

Purchase Details

Closed on
Jul 14, 2017
Sold by
Inside Out Properties Llc
Bought by
Ruchti James A and Ruchti Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,391
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jul 29, 2015
Sold by
Inside Out Properties Llc
Bought by
Inside Out Properties Llc 516
Seller's Agent
Tammy Engel
RE/MAX Classic
Buyer's Agent
Daniel Ferraro
Garry Real Estate
List Price
$159,700
Sold Price
$122,000
Premium/Discount to List
-$37,700
-23.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$91,500
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jul 1, 2015
Sold by
Hud
Bought by
Inside Out Properties Llc
Seller's Agent
Tammy Engel
RE/MAX Classic
Buyer's Agent
Daniel Ferraro
Garry Real Estate
List Price
$159,700
Sold Price
$122,000
Premium/Discount to List
-$37,700
-23.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jun 23, 2015
Sold by
Inside Out Properties Llc
Bought by
Inside Out Properties Llc
Seller's Agent
Tammy Engel
RE/MAX Classic
Buyer's Agent
Daniel Ferraro
Garry Real Estate
List Price
$159,700
Sold Price
$122,000
Premium/Discount to List
-$37,700
-23.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2014
Sold by
Dekalb County Sheriff
Bought by
Hud
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
Zenk Brianna L $245,000 None Listed On Document
Ruchti James A $144,000 None Available
Inside Out Properties Llc 516 -- Fidelity National Title
Inside Out Properties Llc -- First American Title
Inside Out Properties Llc -- First American Title
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zenk Brianna L $200,900
Previous Owner Ruchti James A $141,391
Previous Owner Inside Out Properties Llc 516 $91,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2023 10/10/23 Sold $245,000 +2.1% $146 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $240,000 +96.7% $143 / Sq Ft
07/01/2015 07/01/15 Sold $122,000 -15.1% $73 / Sq Ft View Prior Sale
06/02/2015 06/02/15 Pending -- -- --
05/12/2015 05/12/15 Price Changed $143,730 -10.0% $86 / Sq Ft
03/10/2015 03/10/15 For Sale $159,700 -- $95 / 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 $6,547 $87,234 $18,824 $68,410
2023 $6,547 $75,849 $17,611 $58,238
2022 $6,615 $72,389 $16,808 $55,581
2021 $6,666 $68,922 $16,003 $52,919
2020 $6,659 $66,772 $15,504 $51,268
2019 $6,446 $63,970 $14,853 $49,117
2018 $6,238 $60,498 $14,047 $46,451
2017 $6,856 $57,595 $13,373 $44,222
2016 $6,591 $54,131 $12,569 $41,562
2015 -- $50,832 $11,803 $39,029
2014 -- $48,924 $11,360 $37,564
2013 -- $50,698 $11,772 $38,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11887310

Midwest Real Estate Data (MRED)

APN: 09-20-103-002