NOT LISTED FOR SALE

524 Division St Barrington, IL 60010

Estimated Value: $438,000 - $518,000

0.22 Acre
$2,126,232 Price per Acre
9,583 Sq Ft Lot

Last Sold June 28, 2021

Last sale price $350,000 $449 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,999/month

2 Days on Market

About This Lot

As of June 2021

Build the House of your Dreams surrounded by Million Dollar homes in one of Barrington's fastest redeveloped Village Streets. Take a drive down Division St. and see how many new construction homes that have been built over the past 5 years and imagine this being the next one! Just walking distance to Downtown Barrington and a block away from the Metra, this location has it all! With one of Barrington largest Village lots this 50 x 198 parcel, is just a step away from Village permitting. Docs just need to be re-submitted to the Village as the review process is nearly complete. A 3700 sq ft custom home plan designed by local builder Avalon Construction available upon request. Other reports like plat of survey, soil report, topography report, and demo plan can all be furnished. Water, Electric and Gas utilities are all brought to the residence but currently removed. Sold As-Is with no guarantees or warranties.

Last Agent to Sell the Property

Daniel Drake

@properties Christie's International Real Estate License #475132677 Listed on: 06/01/2021

@properties Christie's International Real Estate

Last Buyer's Agent

John Morrison

@properties Christie's International Real Estate License #471000101

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,749

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 198 x 50 x 198
  • Property is zoned SINGL

Basement

  • Basement Cellar

Schools

  • Hough Street Elementary School
  • Barrington Middle School - Stati
  • Barrington High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$2,749

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Description: Cellar

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Laundry Features: None
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Community

Schools

  • Elementary School: Hough Street Elementary School
  • High School: Barrington High School
  • Middle/Junior School: Barrington Middle School - Stati

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 50 X 198 X 50 X 198
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Amenities: Fencing,Sidewalks

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 2748.55
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 17, 2021
Sold by
Fiorito William and Fiorito Kendra
Bought by
Yocum Timothy and Yocum Michelle
Seller's Agent
Daniel Drake
@properties Christie's International Real Estate
Buyer's Agent
John Morrison
@properties Christie's International Real Estate
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$467,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,771
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Sep 15, 2020
Sold by
Mcmullin Pamela
Bought by
Fiorito William A and Fiorito Kendra M

Purchase Details

Closed on
Sep 29, 1997
Sold by
Mcmullin John H
Bought by
Mcmullin Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
9%

Purchase Details

Closed on
May 22, 1993
Sold by
Mcmullin John H
Bought by
Mcmullin John H and Mcmullin John H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Yocum Timothy $350,000 Chicago Title
Fiorito William A $325,000 Fidelity National Title
Mcmullin Pamela $88,000 Chicago Title Insurance Co
Mcmullin John H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmullin Pamela $105,600
Closed Mcmullin Pamela $16,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $350,000 0.0% $449 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $350,000 -- $449 / 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
2025 $6,921 $30,000 $11,940 $18,060
2024 $6,921 $31,000 $9,950 $21,050
2023 $6,763 $31,000 $9,950 $21,050
2022 $6,763 $31,000 $9,950 $21,050
2021 $6,019 $24,406 $5,223 $19,183
2020 $5,071 $24,406 $5,223 $19,183
2019 $4,997 $27,179 $5,223 $21,956
2018 $4,090 $22,116 $4,726 $17,390
2017 $4,020 $22,116 $4,726 $17,390
2016 $4,005 $22,116 $4,726 $17,390
2015 $4,095 $21,159 $4,228 $16,931
2014 $4,062 $21,159 $4,228 $16,931
2013 $3,876 $21,159 $4,228 $16,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11107352

Midwest Real Estate Data (MRED)

APN: 01-01-212-018-0000