NOT LISTED FOR SALE

516 W Madison St Yorkville, IL 60560

Estimated Value: $307,000 - $432,000

3 Beds
2.5 Baths
2,414 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $315,000 $130 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,533/month

6 Days on Market

Highlights

  • Indoor Arena
  • 0.6 Acre Lot
  • Cape Cod Architecture
  • Yorkville Middle School Rated A-
  • Open Floorplan
  • Mature Trees

About This Home

As of October 2023

Welcome to your dream home! This charming, updated cottage-style cape is perfect for first-time homebuyers and growing families alike. Nestled at the end of a quiet street with a wooded lot, you'll feel like you're off the beaten path while being just blocks away from downtown Yorkville's bars, restaurants, ice cream shops, the Fox River, and beautiful parks. This immaculate, recently painted home boasts outstanding curb appeal and a surprisingly spacious interior. The cozy living room features a rustic wood ceiling, newer wood floors, and a granite-faced wood-burning fireplace, while the dining area offers a vaulted ceiling for added ambiance. The eat-in kitchen comes complete with stainless steel appliances, and the first-floor owner's suite includes an ensuite full bath! Convenient laundry/mud room with high-efficiency stainless steam washer and steam dryer. Upstairs, you'll find two additional bedrooms with large closets and a fully-remodeled hall bath, complete with a soaker tub and gorgeous white subway tile. The freshly-finished basement offers a half bath with drain ready for a shower and open space for recreation, exercise, or play. Entertain or unwind on the enormous wrap-around deck, surrounded by trees and perfect for outdoor gatherings. A large, detached two-car garage provides ample storage and parking, with a covered concrete area behind for additional relaxation or storage. With nearly 2/3 acre of fully-fenced land, including a beautiful wooded hillside, this gem of a property offers plenty of space to enjoy and explore. Don't miss out on the opportunity to make this lovely home your own - schedule a showing today!

Last Agent to Sell the Property

Mathew Tarailo

@properties Christie's International Real Estate License #471002345 Listed on: 09/22/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Ann Moehring

eXp Realty - Yorkville License #475160619

eXp Realty - Yorkville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,541

Year Built

  • Built in 1978 | Remodeled in 2023

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 125 x 100
  • Cul-De-Sac
  • Fenced Yard
  • Wood Fence
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods
  • Garden
  • Drought Tolerant Landscaping
  • Additional Parcels

Parking

  • 2.5 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Cottage
  • Asphalt Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,414 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Paneling
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Fireplace Features Masonry
  • Replacement Windows
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Family or Dining Combination
  • Game Room
  • Unfinished Attic
  • Property Views

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Low Flow Toliet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Crawl Space
  • Basement Storage
  • Basement Window Egress
  • Basement Lookout

Home Security

  • Storm Screens
  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Fire Pit

Schools

  • Circle Center Grade Elementary School
  • Yorkville Intermediate School
  • Yorkville High School

Horse Facilities and Amenities

  • Indoor Arena

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Overhead Sewers

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,541

Year Built

Built in 1978 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod, Cottage
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), ENERGY STAR Qualified Appliances, Gas Oven
  • Basement: Full, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 883
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Masonry
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Beamed Ceilings, Open Floorplan, Some Carpeting, Some Wood Floors, Dining Combo, Granite Counters, Some Insulated Wndws, Some Storm Doors, Some Wall-To-Wall Cp, Paneling, Replacement Windows
  • LivingArea: 2414
  • Other Equipment: CO Detectors, Sump Pump, Water Heater-Gas
  • Room Type: Game Room, Foyer, Walk In Closet, Deck
  • Estimated Total Finished Sq Ft: 2414
  • Basement Description: Finished,Crawl,Egress Window,Lookout,Rec/Family Area,Storage Space
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,L-shaped
  • Total Sq Ft: 1531
  • Basement Sq Ft: 883
  • Fireplace Location: Living Room
  • Total Sq Ft: 2414
  • Upper Level Sq Ft: 510
  • Attic: Unfinished
  • Main Level Sq Ft: 1021
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 299900
  • Lot Features: Cul-De-Sac, Fenced Yard, Wooded, Mature Trees, Backs to Trees/Woods, Garden, Views, Sloped, Wood Fence
  • OtherStructures: Covered Arena, Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage Details: 7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Overhead Sewers
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Circle Center Grade School
  • High School: Yorkville High School
  • Middle/Junior School: Yorkville Intermediate School
  • Middle/Junior School District: 115
  • Junior High/Middle School #2: Yorkville Middle School
  • Elementary School #2: Yorkville Grade School

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.6
  • Lot Dimensions: 125 X 100
  • Rural (Y/N): Y
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Green Features

  • GreenEnergyEfficient: Low flow commode, Low flow fixtures, Native/drought resistant landscaping

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6540.56
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 12, 2023
Sold by
Fox Andrew
Bought by
Rinehart Matthew and Rinehart Cori
Seller's Agent
Mathew Tarailo
@properties Christie's International Real Estate
Buyer's Agent
Ann Moehring
eXp Realty - Yorkville
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%
Views
150
Current Estimated Value
$355,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,722
Avg. Annual Appreciation
7.46%
Original Mortgage
$283,882
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 28, 2021
Sold by
Athens Karie J
Bought by
Fox Andrew
Seller's Agent
Amy Collins
Fathom Realty IL LLC
Buyer's Agent
Victoria Holmes
Berkshire Hathaway HomeServices Chicago
Sold Price
$284,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$258,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2012
Closed on
Sep 27, 2012
Sold by
Pollock Veronica J and Berkeland Veronica J
Bought by
Athens Karie J
Seller's Agent
Veronica Berkeland
Kettley & Co. Inc. - Yorkville
Buyer's Agent
William Pulkownik
Option Realty Group LTD
List Price
$181,900
Sold Price
$165,000
Premium/Discount to List
-$16,900
-9.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$132,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1986
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
Rinehart Matthew $310,000 Chicago Title
Fox Andrew $285,000 Wheatland Title Company
Athens Karie J $165,000 Fidelity National Title
-- $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rinehart Matthew $288,970
Closed Rinehart Matthew $283,882
Previous Owner Fox Andrew $258,400
Previous Owner Athens Karie J $132,000
Previous Owner Pollack Veronica J $130,000
Previous Owner Pollock Veronica J $75,000
Previous Owner Berkeland Gerald E $116,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $315,000 +5.0% $130 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $299,900 +5.3% $124 / Sq Ft
06/28/2021 06/28/21 Sold $284,900 +5.6% $190 / Sq Ft
05/04/2021 05/04/21 For Sale -- -- --
05/03/2021 05/03/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $269,900 +63.6% $180 / Sq Ft
09/27/2012 09/27/12 Sold $165,000 -5.6% $110 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
07/26/2012 07/26/12 Price Changed $174,800 -2.8% $117 / Sq Ft
07/16/2012 07/16/12 Price Changed $179,800 -1.2% $120 / Sq Ft
07/13/2012 07/13/12 For Sale $181,900 +10.2% $121 / Sq Ft
07/01/2012 07/01/12 Off Market $165,000 -- --
06/29/2012 06/29/12 Price Changed $181,900 -1.1% $121 / Sq Ft
06/08/2012 06/08/12 Price Changed $183,900 -1.6% $123 / Sq Ft
05/20/2012 05/20/12 Price Changed $186,900 0.0% $125 / Sq Ft
05/20/2012 05/20/12 For Sale $186,900 +13.3% $125 / Sq Ft
05/16/2012 05/16/12 Off Market $165,000 -- --
04/28/2012 04/28/12 For Sale $189,500 -- $126 / 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 $7,180 $86,824 $13,320 $73,504
2023 $6,125 $75,917 $13,187 $62,730
2022 $6,125 $69,418 $13,018 $56,400
2021 $5,768 $64,284 $13,018 $51,266
2020 $5,591 $61,351 $12,992 $48,359
2019 $5,380 $58,160 $12,762 $45,398
2018 $5,272 $56,197 $12,762 $43,435
2017 $5,249 $54,503 $12,549 $41,954
2016 $5,316 $53,680 $12,549 $41,131
2015 $5,084 $49,541 $11,386 $38,155
2014 -- $47,724 $11,386 $36,338
2013 -- $47,724 $11,386 $36,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11892262

Midwest Real Estate Data (MRED)

APN: 02-32-254-002