NOT LISTED FOR SALE

517 S 5th St Dekalb, IL 60115

Estimated Value: $179,000 - $243,000

2 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold September 29, 2022

Last sale price $138,000

Est. 53% increase in value since last sale

Current estimated payment $1,564/month

25 Days on Market

Highlights

  • Deck
  • 1.5 Car Detached Garage
  • Laundry Room
  • Screened Porch
  • Living Room
  • 4-minute walk to Huntley Park

About This Home

As of September 2022

OPPORTUNITY KNOCKS in this well-maintained 2-Unit with charm and character located on a cobblestone street! Live in one and rent the other to help pay your mortgage! Each unit has their own furnaces and water heaters, 1 bedroom, full bath and large living rooms. 1st floor unit is accessed through a cheerful, enclosed front porch and enters into a comfortable living room featuring hardwood floors and bedroom with double doors. Vintage kitchen boasts a cottage feel with white painted wood panels, unique metal cabinets, plenty of table space, ceiling fan, window a/c, and new flooring. (No Central air on 1st floor.) 2nd floor unit is a "loft-style" apartment with central air and has been nicely updated with vaulted ceilings, replaced windows, and bright kitchen with maple cabinets, deep pantry, and built-ins too! Lovely living room and bedroom includes generous room sizes, pleasant lay-out and big storage closets. Both units have access to laundry in the basement, relaxing, quality-built deck, yard/garden space and there's also a 1.5 car garage. Current tenants would like to stay. Rents are $685 & $695. Tenants pay gas/electric; Landlord pays for water. Garage roof is approx 2 yrs new. All appliances stay! Homey location on tree-lined street with Sweet Park just around the corner. Invest in your future - this one's a WINNER!

Last Agent to Sell the Property

Jayne Menne

Willow Real Estate, Inc License #471000685 Listed on: 06/23/2022

Last Buyer's Agent

Elizabeth Metcalf

Willow Real Estate, Inc License #475203434

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,122

Year Built

  • Built in 1906

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 66 x 156

Parking

  • 1.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Converted Dwelling
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Carbon Monoxide Detectors
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Additional Features

  • Deck
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $810
  • Gross Income $16,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,122

Year Built

Built in 1906

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Deck, Porch Screened
  • List Price: 144900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 810

Schools

  • Middle/Junior School District: 428

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 66 X 156
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Multi Family

  • GrossIncome: 16560
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Tax Info

  • Tax Annual Amount: 5122.07
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 27, 2022
Sold by
Personette Gary G
Bought by
Hart Adam
Seller's Agent
Jayne Menne
Willow Real Estate, Inc
Buyer's Agent
Elizabeth Metcalf
Willow Real Estate, Inc
List Price
$144,900
Sold Price
$138,000
Premium/Discount to List
-$6,900
-4.76%
Current Estimated Value
$210,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,866
Avg. Annual Appreciation
12.38%
Original Mortgage
$103,500
Outstanding Balance
$100,665
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$93,837
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hart Adam $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Adam $103,500
Previous Owner Personette Gary G $109,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $138,000 -4.8% --
07/19/2022 07/19/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $144,900 -- --
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 $5,088 $61,993 $10,588 $51,405
2023 $5,088 $54,053 $9,232 $44,821
2022 $4,987 $49,350 $10,536 $38,814
2021 $5,122 $46,286 $9,882 $36,404
2020 $5,238 $45,548 $9,724 $35,824
2019 $5,135 $43,758 $9,342 $34,416
2018 $5,014 $42,274 $9,025 $33,249
2017 $5,062 $40,636 $8,675 $31,961
2016 $5,006 $39,610 $8,456 $31,154
2015 -- $37,531 $8,012 $29,519
2014 -- $37,936 $11,593 $26,343
2013 -- $39,848 $12,177 $27,671
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11443789

Midwest Real Estate Data (MRED)

APN: 08-23-356-009