NOT LISTED FOR SALE

550 River Ln Loves Park, IL 61111

Estimated Value: $157,000 - $169,543

3 Beds
1 Bath
1,317 Sq Ft
$124/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $74,000 $56 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,137/month

7 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Patio
  • Wood Burning Fireplace
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

Desirable Loves Park location and Harlem schools, maintenance free exterior. Freshly decorated throughout. New flooring and appliances. Fireplace in living room, large Family room with lots of windows. Large upper bedroom with walk-in closet and extra storage. Two bedrooms on main level. Four car garage. Ready for new owner

Last Agent to Sell the Property

Etoyle Howell

Century 21 Affiliated License #475083508 Listed on: 11/23/2015

Century 21 Affiliated

Last Buyer's Agent

Sandy Bliss

Keller Williams Realty Signature License #475132449

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,253

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 1,317 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 4 Car Garage
  • Driveway

Outdoor Features

  • Patio

Schools

  • Loves Park Elementary School
  • Harlem Jr Middle School
  • Harlem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,253

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Additional Room 5: Open Area, Dimensions: 14.8x5.6, On Level: Upper
  • Appliances That Stay or Are Included: Dishwasher, Microwave, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1317
  • Front: 50
  • General Features: Basement Entrance, Main Floor Master, Patio, Fenced Yard
  • Grid: 49
  • Legal Description: BURCHFIELD GARDENS IN S 1/2 SEC 6-44-2 LOT 017 BLOCK 009
  • Lot Acreage: 0.15
  • Number of Main Level Full Bathrooms: 1
  • Rear: 50
  • Side 1: 135.21
  • Side 2: 135.21
  • Stove Range Fuel: Gas
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: 1416
  • Elementary School: Loves Park Elementary
  • Garage Type Driveway: Detached
  • Pertinent Facts: Desirable Loves Park location and Harlem schools, maintenance free exterior. Freshly decorated throughout. New flooring and appliances. Fireplace in living room, large Family room with lots of windows. Large upper bedroom with walk-in closet and extra storage. Two bedrooms on main level. Four car garage. Ready for new owner
  • S O1 Brokerage Number: 477012643
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 11.4x10, On Level: Main
  • Fireplace Type: Wood
  • Bedroom 2: Dimensions: 12.9x9.9, On Level: Main
  • Bedroom 3: Dimensions: 18x12, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 12x11
  • Family Room: Yes, On Level: Main, Dimensions: 18.6x10.6
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 11.4x8.2, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 20x11
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Schools

  • School District: Harlem 122
  • Elementary School: Loves Park Elementary
  • Middle School: Harlem Jr
  • High School: Harlem High School

Building Info

  • Year Built: 1930

Tax Info

  • Year: 2014
  • Taxes: 2253

MLS Schools

  • HighSchool: Harlem High School
  • School District: Harlem 122
  • Middle School: Harlem Jr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Feb 5, 2016
Sold by
Derby Run Llc
Bought by
Felber Amanda L
Seller's Agent
Etoyle Howell
Century 21 Affiliated
Buyer's Agent
Sandy Bliss
Keller Williams Realty Signature
List Price
$74,900
Sold Price
$74,000
Premium/Discount to List
-$900
-1.2%
Current Estimated Value
$163,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,886
Avg. Annual Appreciation
8.62%
Original Mortgage
$68,172
Outstanding Balance
$54,720
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$107,824
Source: Public Records

Range of Values:

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Average Value
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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
Felber Amanda L $71,630 Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felber Amanda L $68,172
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $74,000 -1.2% $56 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/23/2015 11/23/15 For Sale $74,900 -- $57 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $2,884 $40,617 $4,312 $36,305
2023 $2,692 $35,814 $3,802 $32,012
2022 $2,556 $32,011 $3,398 $28,613
2021 $2,354 $29,352 $3,116 $26,236
2020 $2,134 $27,748 $2,946 $24,802
2019 $2,161 $26,447 $2,808 $23,639
2018 $2,168 $24,924 $2,646 $22,278
2017 $2,129 $23,853 $2,532 $21,321
2016 $2,815 $23,406 $2,485 $20,921
2015 $2,118 $23,406 $2,485 $20,921
2014 $1,127 $24,738 $3,111 $21,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201507258

NorthWest Illinois Alliance of REALTORS®

APN: 12-06-354-029