NOT LISTED FOR SALE

5220 Palm St McHenry, IL 60051

Estimated Value: $288,000 - $318,000

2 Beds
2 Baths
1,334 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $242,000 $181 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,073/month

2 Days on Market

Highlights

  • Mature Trees
  • Property is adjacent to nature preserve
  • Wood Flooring
  • Property is near a park
  • Ranch Style House
  • Formal Dining Room

About This Home

As of July 2022

*** HIGHEST & BEST SUNDAY 5/22 BY 9PM. DECISION BY MONDAY 5/23 AT 12PM. *** LARGE, CLEAN AND BEAUTIFULLY UPDATED RANCH ON A QUIET DEAD-END STREET SURROUNDED BY NATURE, FOX TRAIL PARK, JUST MIN TO METRA, RESTAURANTS AND AREA AMENTIES. 2 BEDROOMS 2 FULL BATHS (PRIMARY BEDROOM IS EXTRA DEEP WITH PRIVATE FULL BATHROOM. SPACIOUS LIVING ROOM W/ GAS START, WOOD BURNING FIREPLACE, SKYLIGHT AND LOTS OF SPACE, OVER NEWER HARDWOOD FLOORS, WHICH LEAD YOU THROUGH THE KITCHEN AND THE FORMAL DINING ROOM. MANY UPDATES RANGE FROM 7-8 YEARS INCLUDING: ROOF 2014 (25-YEAR SHINGLE) // HVAC 2014 // WATER HEATER 2014 // MOST WINDOWS 2014 // INSULATION 2014 // APPLIANCES, KITCHEN AND BATHS 5-10 YEARS // GENERATOR SYSTEM WILL STAY (PLEASE EXCLUDE GENERATOR) // LARGE 2 CAR GARAGE + 1 SIDE APRON + 3 DRIVEWAY SPOTS OFFER LOTS OF ROOM TO PARK AND PLAY. JUST A REALLY GREAT PROPERTY.

Last Agent to Sell the Property

Mario Bilotas

Four Daughters Real Estate License #471016608 Listed on: 05/20/2022

Last Buyer's Agent

Elizabeth Goodchild

Realty of America License #471009852

Realty of America

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,925

Year Built

  • Built in 1979 | Remodeled in 2014

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100x100x100
  • Property is adjacent to nature preserve
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Level Lot
  • Mature Trees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,334 Sq Ft Home
  • Whole House Fan
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Adaptable
  • Accessibility Features
  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Schools

  • Cotton Creek Elementary School
  • Matthews Middle School
  • Wauconda Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Shared Well
  • Community Well
  • Private or Community Septic Tank
  • TV Antenna

Community Details

  • Boulevard Park Subdivision, Ranch Floorplan

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,925

Year Built

Built in 1979 | Remodeled in 2014

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: Boulevard Park
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Basement: None
  • Accessibility Features: Main Level Entry, No Interior Steps, Wheelchair Adaptable
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Full Bath
  • LivingArea: 1334
  • Other Equipment: Humidifier, TV Antenna, CO Detectors, Ceiling Fan(s), Fan-Whole House
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 219900
  • Lot Features: Cul-De-Sac, Nature Preserve Adjacent, Mature Trees, Level
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Side Apron, Driveway
  • ParkingTotal: 4
  • Number of Cars: 6.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Community Well, Shared Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cotton Creek School
  • High School: Wauconda Community High School
  • Middle/Junior School: Matthews Middle School
  • Middle/Junior School District: 118

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100X100X100X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4925.24
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 7, 2022
Sold by
Necas Michael B and Necas Eileen S
Bought by
Salvador Brittany A and Salvador Megan K
Seller's Agent
Mario Bilotas
Four Daughters Real Estate
Buyer's Agent
Elizabeth Goodchild
Realty of America
List Price
$219,900
Sold Price
$242,000
Premium/Discount to List
$22,100
10.05%
Current Estimated Value
$304,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,824
Avg. Annual Appreciation
7.45%
Original Mortgage
$140,000
Outstanding Balance
$118,468
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$186,356

Purchase Details

Closed on
Jan 2, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Necas Michael B and Necas Eileen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 5, 2013
Sold by
Laszczyk Arkadiusz
Bought by
Deutsche Bank National Trust Co and The First Franklin Mortgage Loan Trust 2

Purchase Details

Closed on
Sep 25, 2001
Sold by
Schroeder Daniel K and Schroeder Kimberlee A
Bought by
Henrich Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.99%

Purchase Details

Closed on
Aug 19, 1994
Sold by
Voss Stephen D and Voss Mary A
Bought by
Schroeder Daniel K and Schroeder Kimberlee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,550
Interest Rate
8.5%
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
Salvador Brittany A $242,000 Kaiser Neil J
Necas Michael B $64,900 Servicelink
Deutsche Bank National Trust Co -- None Available
Henrich Donna L $154,000 First American Title
Schroeder Daniel K $119,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvador Brittany A $140,000
Previous Owner Henrich Donna L $123,000
Previous Owner Schroeder Daniel K $107,550
Closed Henrich Donna L $19,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $242,000 +10.1% $181 / Sq Ft
05/24/2022 05/24/22 For Sale $219,900 -9.1% $165 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/22/2022 05/22/22 Off Market $242,000 -- --
05/20/2022 05/20/22 For Sale $219,900 -- $165 / 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 $5,480 $83,434 $15,032 $68,402
2023 $5,244 $74,822 $13,480 $61,342
2022 $4,744 $68,424 $12,327 $56,097
2021 $4,925 $64,151 $11,557 $52,594
2020 $4,820 $62,229 $11,211 $51,018
2019 $4,722 $59,164 $10,659 $48,505
2018 $4,401 $55,574 $10,012 $45,562
2017 $4,248 $53,242 $9,592 $43,650
2016 $4,095 $50,799 $9,152 $41,647
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11411318

Midwest Real Estate Data (MRED)

APN: 15-32-235-034