NOT LISTED FOR SALE

550 E Main St Unit 1D Barrington, IL 60010

Estimated Value: $221,042 - $270,000

2 Beds
2 Baths
1,184 Sq Ft
$432/mo HOA Fee

Last Sold May 10, 2022

Last sale price $183,000 $155 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,067/month

Highlights

  • Main Floor Bedroom
  • Granite Countertops
  • 1 Car Detached Garage
  • Arnett C. Lines Elementary School Rated A+
  • Stainless Steel Appliances
  • Intercom

About This Home

As of May 2022

LOCATION! LOCATION! LOCATION! Close to downtown Barrington and Metra train station. Updated 2 bed, 2 full bath. New wood Laminate floors, new vanities; Updated kitchen cabinets and granite countertop. Stainless steel appliances. Freshly painted thru-out. Private master bath. Nice walk in closet. Fenced patio overlooks the courtyard. One car garage with opener. Extra storage space in basement. Nice quiet building. HOA includes heat, water, sewer, refuge, plus exterior maintenance. Move in ready! This could be your new home or it can be rented. Either way, save a bundle.

Last Agent to Sell the Property

Adele Petersen

Baird & Warner License #475121996 Listed on: 04/03/2022

Baird & Warner

Last Buyer's Agent

Mark Munro

Baird & Warner License #475112938

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,453

Year Built

  • Built in 1971

Lot Details

  • 0.27

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,184 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage
  • Laminate Flooring
  • Intercom

Kitchen

  • Range with Range Hood
  • Microwave
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Manager Association, Phone Number (779) 552-8885
  • Barrington East Subdivision
  • Property managed by BP Management Services

Amenities

  • Building Patio
  • Common Area
  • Coin Laundry

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,453

Year Built

Built in 1971

Lot Details

0

HOA Fees

$432 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Barrington East
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Storage, Walk-In Closet(s), Granite Counters
  • LivingArea: 1184
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 432
  • Association Amenities: Coin Laundry, Intercom, Patio, Security
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: BP Management Services
  • Management Contact Name: Manager
  • Management Phone: 779-552-8885
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4453.08
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2022
Closed on
May 3, 2022
Sold by
James Vasquez
Bought by
Mclaughlin Evin J and Mehalic Morgan J
Seller's Agent
Adele Petersen
Baird & Warner
Buyer's Agent
Mark Munro
Baird & Warner
List Price
$189,000
Sold Price
$183,000
Premium/Discount to List
-$6,000
-3.17%
Current Estimated Value
$248,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,464
Avg. Annual Appreciation
7.56%
Original Mortgage
$171,000
Outstanding Balance
$162,645
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$77,366

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 7, 2022
Sold by
Fang Sun and Fang A
Bought by
Vasquez James
Seller's Agent
Aixin Li
Pretty Realty
Buyer's Agent
Adele Petersen
Baird & Warner
List Price
$169,500
Sold Price
$180,000
Premium/Discount to List
$10,500
6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Outstanding Balance
$162,645
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$77,366

Purchase Details

Listed on
Sep 28, 2013
Closed on
Oct 31, 2013
Sold by
Fredrickson Robert W
Bought by
Sun Qiang and Liu Afang
Seller's Agent
Anthony Spallone
Spallone Realty
Buyer's Agent
Michael Xu
Baird & Warner
List Price
$122,750
Sold Price
$117,000
Premium/Discount to List
-$5,750
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%

Purchase Details

Listed on
Mar 22, 2013
Closed on
Jun 20, 2013
Sold by
Pearson Violet
Bought by
Fredrickson Robert W
Seller's Agent
Joseph Woodbury
Baird & Warner
Buyer's Agent
Anthony Spallone
Spallone Realty
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
316.57%
Original Mortgage
$66,500
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mclaughlin Evin J $183,000 None Listed On Document
Vasquez James $180,000 New Title Company Name
Sun Qiang $117,000 Old Republic National Title
Fredrickson Robert W $70,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Evin J $171,000
Previous Owner Vasquez James $126,000
Previous Owner Fredrickson Robert W $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2022 05/10/22 Sold $183,000 -3.2% $155 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $189,000 +5.0% $160 / Sq Ft
03/11/2022 03/11/22 Sold $180,000 +6.2% $152 / Sq Ft View Prior Sale
02/11/2022 02/11/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $169,500 +44.9% $143 / Sq Ft
10/31/2013 10/31/13 Sold $117,000 -4.7% $98 / Sq Ft View Prior Sale
10/09/2013 10/09/13 Pending -- -- --
09/28/2013 09/28/13 For Sale $122,750 +75.4% $102 / Sq Ft
06/20/2013 06/20/13 Sold $70,000 -6.7% $59 / Sq Ft View Prior Sale
04/21/2013 04/21/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $75,000 0.0% $63 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $75,000 -- $63 / 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 $4,134 $57,100 $3,530 $53,570
2023 $4,626 $54,123 $3,346 $50,777
2022 $4,626 $60,511 $449 $60,062
2021 $4,569 $59,482 $441 $59,041
2020 $4,453 $59,299 $440 $58,859
2019 $4,279 $57,734 $428 $57,306
2018 $3,172 $43,674 $454 $43,220
2017 $3,154 $42,797 $445 $42,352
2016 $3,113 $41,182 $428 $40,754
2015 $2,950 $38,625 $401 $38,224
2014 $1,736 $32,487 $382 $32,105
2012 $1,793 $33,046 $389 $32,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11364374

Midwest Real Estate Data (MRED)

APN: 13-36-407-005