530 N 7th Ave Addison, IL 60101
Estimated Value: $319,000 - $392,000
3
Beds
2
Baths
1,174
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Detached Garage
- Central Air
- Fenced Yard
- Breakfast Bar
About This Home
As of June 2020Immaculate rehab face brick ranch in excellent Addison location! Beautiful complete new wood cabinet kitchen with all new stainless appliances, quartz counters and ceramic tile back splash. New flooring. All beautiful refinished stained grey hardwood floors. New carpet in rec room in bsmt with storage room and extra room for possible 4th bedroom. Separate laundry room with new washer. Large bath. New A/C. Newer roof and HWH & newer thermo windows thru-out.. Whole house freshly painted and new front & rear doors. All new 15K in concrete driveway, patio and side walks plus private, partially wooded fenced yard. Close to all amenities. Show and sell! Price is Firm Excellent Condition but to be sold as is.Due to Covid-19 Only the Buyer(s) and buyer broker allowed in the property with a maximum of 4 people. All must be wearing mask and gloves.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,234
Year Built | Renovated
- 1968 | 2019
Lot Details
- Fenced Yard
Parking
- Detached Garage
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Ranch Style House
- Brick Exterior Construction
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
- $5,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2020
Closed on
Jun 4, 2020
Sold by
Ward Edward V
Bought by
Mascorro Manuel and Mascorro Lyzza
Seller's Agent
Gary Hersted
Remax Future
Buyer's Agent
Nelsi Ayala
Nelsi Ayala
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%
Total Days on Market
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,230
Avg. Annual Appreciation
6.70%
Original Mortgage
$260,200
Outstanding Balance
$233,178
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$133,052
Purchase Details
Closed on
Nov 26, 2008
Sold by
Ward Edward V and Ward Sandra
Bought by
Ward Edward V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
4.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Apr 7, 2000
Sold by
Lipa Peter and Lipa Karen A
Bought by
Ward Edward V and Ward Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,045
Interest Rate
8.29%
Mortgage Type
VA
Purchase Details
Closed on
May 30, 1995
Sold by
Barthelme Richard C and Barthelme Geralee R
Bought by
Lipa Peter and Lipa Karen Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8.27%
Similar Homes in Addison, IL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mascorro Manuel | $265,000 | Greater Illinois Title Co | |
| Ward Edward V | -- | First American Title | |
| Ward Edward V | $161,500 | Mercury Title | |
| Lipa Peter | $157,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mascorro Manuel | $260,200 | |
| Previous Owner | Ward Edward | $175,500 | |
| Previous Owner | Ward Edward V | $174,000 | |
| Previous Owner | Ward Edward | $164,616 | |
| Previous Owner | Ward Edward V | $156,045 | |
| Previous Owner | Lipa Peter | $114,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2020 06/09/20 | Sold | $265,000 | +1.9% | $226 / Sq Ft |
| 05/13/2020 05/13/20 | Pending | -- | -- | -- |
| 05/10/2020 05/10/20 | Price Changed | $260,000 | -7.1% | $221 / Sq Ft |
| 04/26/2020 04/26/20 | For Sale | $279,900 | -- | $238 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $6,234 | $92,690 | $38,810 | $53,880 |
| 2022 | $5,938 | $86,630 | $36,090 | $50,540 |
| 2021 | $5,686 | $82,980 | $34,570 | $48,410 |
| 2020 | $5,526 | $79,480 | $33,110 | $46,370 |
| 2019 | $5,484 | $76,430 | $31,840 | $44,590 |
| 2018 | $5,537 | $74,210 | $30,920 | $43,290 |
| 2017 | $5,389 | $70,920 | $29,550 | $41,370 |
| 2016 | $5,235 | $65,480 | $27,280 | $38,200 |
| 2015 | $5,094 | $60,490 | $25,200 | $35,290 |
| 2014 | $5,046 | $59,630 | $23,100 | $36,530 |
| 2013 | $4,946 | $60,850 | $23,570 | $37,280 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Hersted
Seller's Agent in 2020
Gary Hersted
Remax Future
(708) 280-3212
1 in this area
91 Total Sales
-
Nelsi Ayala
N
Buyer's Agent in 2020
Nelsi Ayala
Nelsi Ayala
4 in this area
76 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10698971
APN: 03-20-318-007
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