NOT LISTED FOR SALE

531 Reese Ave East Dundee, IL 60118

Estimated Value: $374,000 - $399,909

4 Beds
3 Baths
2,304 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $252,000 $109 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,751/month

25 Days on Market

Highlights

  • Recreation Room
  • Main Floor Bedroom
  • Screened Porch
  • Wood Flooring
  • Mud Room
  • Attached Garage

About This Home

As of October 2020

Sprawling 2,300 sq/ft 4 bed, 2.1 bath brick and stone ranch home with full finished basement. Mostly refinished hardwood flooring on the main level featuring a massive living room with fireplace, separate dining room, eat in kitchen, large family room, mud room area, screened in porch, 3 sizeable bedrooms, a full bath and powder room. The lower level has an additional bedroom, full bath, spacious rec room with fireplace and bar, laundry area and ample storage. Attached 2 car garage. Sizeable yard with private patio. Just a few blocks from all the restaurants and river walk in Dundee and minutes to the expressway or metra.

Last Agent to Sell the Property

Joan Couris

Keller Williams Thrive License #475155965 Listed on: 07/07/2020

Keller Williams Thrive

Last Buyer's Agent

Lorena Gamboa

Realty Advisors Elite License #475167268

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,177

Year Built

  • 1955

Lot Details

  • 0.5

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Dry Bar
  • Wood Burning Fireplace
  • Mud Room
  • Recreation Room
  • Screened Porch
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Screened Patio

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,177

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 4304
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 4304
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Living Room: Dimensions: 20X27, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room, Basement
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X8, On Level: Basement
  • Dining Room: Dimensions: 10X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X17, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Mud Room, Screened Porch, Recreation Room, Storage
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Mud, Dimensions: 12X14, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Screened Porch, Dimensions: 18X20, On Level: Main Level
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 25X29, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Storage, Dimensions: 12X18, On Level: Basement
  • Bedroom 4: Dimensions: 10X11, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 2304
  • Estimated Total Finished Sq Ft: 4304
  • Lower Level Sq Ft: 2000
  • Main Level Sq Ft: 2304
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X27, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Patio, Screened Patio
  • Acreage: 0.508

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiant

Schools

  • School District: 300
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: 104 X213
  • Parcel Identification Number: 0323452029

Tax Info

  • Taxes: 6375.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Masterson Wanda and Gerdau Bruce
Bought by
Rodriguez Miriam D and Avina Jesus
Current Estimated Value
$386,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,254
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2003
Sold by
Randl Mark C and Randl Ronda L
Bought by
Gerdau Bruce W and Masterson Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1999
Sold by
Baylor Phyllis H and Dexter Phyllis H
Bought by
Randl Mark C and Randl Ronda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.93%
Source: Public Records

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Range of Values:

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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
Rodriguez Miriam D $262,000 Attorney
Gerdau Bruce W $235,000 Chicago Title Insurance Comp
Randl Mark C $160,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Miriam D $78,000
Previous Owner Rodriguez Miriam D $257,254
Previous Owner Gerdau Bruce W $141,318
Previous Owner Gerdau Bruce W $188,000
Previous Owner Randl Mark C $134,000
Previous Owner Randl Mark C $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $252,000 -3.0% $109 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $259,900 -- $113 / 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
2023 $7,177 $94,350 $21,093 $73,257
2022 $7,001 $87,651 $21,093 $66,558
2021 $6,723 $82,760 $19,916 $62,844
2020 $6,568 $80,899 $19,468 $61,431
2019 $6,409 $76,798 $18,481 $58,317
2018 $6,375 $74,286 $18,115 $56,171
2017 $6,043 $69,491 $16,946 $52,545
2016 $5,749 $62,903 $24,890 $38,013
2015 -- $58,942 $23,323 $35,619
2014 -- $57,314 $22,679 $34,635
2013 -- $59,068 $23,373 $35,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10716923

Midwest Real Estate Data (MRED)

APN: 03-23-452-029