NOT LISTED FOR SALE

5508 May Ave Richmond, IL 60071

Estimated Value: $175,000 - $234,000

4 Beds
1 Bath
967 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 5508 May Ave, Richmond, IL 60071 and is currently estimated at $207,499, approximately $214 per square foot. 5508 May Ave is a home located in McHenry County with nearby schools including Richmond Grade School, Nippersink Middle School, and Richmond-Burton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2025
Sold by
Steffen Russell L
Bought by
Russell A Steffen Revocable Trust and Steffen
Current Estimated Value
$207,499

Purchase Details

Closed on
Mar 28, 2019
Sold by
Palek Joseph B and Nationstar Mortgage Llc
Bought by
Steffen Russell

Purchase Details

Closed on
Nov 13, 2007
Sold by
Hud
Bought by
Palek Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2007
Sold by
Mccormick
Bought by
Hud

Purchase Details

Closed on
Jun 18, 2001
Sold by
Laudick Stephen P and Laudick Denise
Bought by
Mccormick Debbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,963
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 1999
Sold by
Laudick Paul E and Laudick Therese M
Bought by
Laudick Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,550
Interest Rate
6.81%

Purchase Details

Closed on
Jun 10, 1994
Sold by
Johnson James E and Johnson Linda J
Bought by
Laudick Paul E and Laudick Therese M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
8.58%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Russell A Steffen Revocable Trust -- None Listed On Document
Steffen Russell $75,500 Attorney
Palek Joseph B $95,000 Stewart Title Company
Hud $110,736 None Available
Mccormick Debbie L $121,000 Plm Title Company
Laudick Stephen P $110,000 --
Laudick Paul E $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palek Joseph B $95,000
Previous Owner Mccormick Debbie L $115,963
Previous Owner Laudick Stephen P $12,600
Previous Owner Laudick Stephen P $79,550
Previous Owner Laudick Paul E $73,600
Source: Public Records

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 $3,732 $45,979 $16,609 $29,370
2023 $3,641 $42,032 $15,183 $26,849
2022 $2,592 $28,110 $13,671 $14,439
2021 $2,513 $26,979 $13,121 $13,858
2020 $2,477 $25,959 $12,625 $13,334
2019 $1,869 $25,125 $12,219 $12,906
2018 $3,179 $36,775 $11,714 $25,061
2017 $3,156 $35,020 $11,155 $23,865
2016 $3,078 $32,833 $10,458 $22,375
2013 -- $31,043 $9,888 $21,155
Source: Public Records

Map

Illinois McHenry County Richmond 60071

5508 May Ave, Richmond, IL

This home is located at 5508 May Ave, Richmond, IL 60071 and is currently estimated at $207,499, approximately $214 per square foot. 5508 May Ave is a home located in McHenry County with nearby schools including Richmond Grade School, Nippersink Middle School, and Richmond-Burton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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