NOT LISTED FOR SALE

587 Gray Ave Elburn, IL 60119

Estimated Value: $462,212 - $497,000

4 Beds
3 Baths
2,860 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $200,000 $70 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,386/month

77 Days on Market

About This Home

As of December 2012

Fannie Mae Property. 2860 sq ft traditional two story that has just recently been renovated. Fresh paint, new carpeting, and new a/c going in. Home offers an open concept living area, fenced in back yard, full basement and more. Property is being sold in "AS IS" Condition, 100% tax proration, no survey, no disclosures. Property is approved for Homepath Financing.

Last Agent to Sell the Property

Kim DeVincentis

Capital Asset Group Inc. License #471007906 Listed on: 08/10/2012

Last Buyer's Agent

Carla Heitz

HomeSmart Connect LLC License #475120364

HomeSmart Connect LLC

Property Details

Home Type

  • Other

Year Built

  • 2003

Lot Details

  • 8,407

HOA Fees

  • $22 per month

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Utilities

  • Central Air

Property Details

Home Type

Other

Year Built

2003

Lot Details

0

HOA Fees

$22 per month

Parking

3

Interior Features

  • Total # Of Rooms: 8
  • Appliances: Oven/Range, Microwave, Dishwasher, Disposal
  • Equipment: Sump Pump
  • Fireplace Type/Details: Heatilator Type System
  • Fireplaces: 1
  • Attic: Unfinished
  • Basement: Partial
  • Basement: Unfinished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X14
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 14X13
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 14X13
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 12X12
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Separate Shower, Double Sink
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 14X13
  • Dining Room Flooring: Carpet
  • Family Room Level: Main Level
  • Family Room Size: 17X21
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space, Pantry-Walk-in
  • Kitchen Level: Main Level
  • Kitchen Size: 20X20
  • Kitchen Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage
  • Driveway: Asphalt

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 263

Schools

  • Junior High Dist: 302

Lot Info

  • Lot Dimensions: 70X120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2012
Closed on
Nov 1, 2012
Sold by
Federal National Mortgage Association
Bought by
Oliva Mary C and Oliva Nicholas B
Seller's Agent
Kim DeVincentis
Capital Asset Group Inc.
Buyer's Agent
Carla Heitz
HomeSmart Connect LLC
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%
Current Estimated Value
$479,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,803
Avg. Annual Appreciation
6.95%
Original Mortgage
$196,377
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2012
Sold by
Priebe Craig W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 30, 2007
Sold by
Kennedy Homes Lp
Bought by
Priebe Craig W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oliva Mary C $200,000 None Available
Federal National Mortgage Association -- None Available
Priebe Craig W $330,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oliva Mary C $196,377
Previous Owner Priebe Craig W $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2012 12/20/12 Sold $200,000 -4.7% $70 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/16/2012 10/16/12 Price Changed $209,900 -4.5% $73 / Sq Ft
09/24/2012 09/24/12 For Sale $219,900 0.0% $77 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
09/11/2012 09/11/12 Price Changed $219,900 -4.3% $77 / Sq Ft
08/10/2012 08/10/12 For Sale $229,900 -- $80 / 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 $10,207 $126,908 $17,164 $109,744
2023 $9,829 $114,538 $15,491 $99,047
2022 $9,011 $100,735 $14,217 $86,518
2021 $8,679 $96,415 $13,607 $82,808
2020 $8,519 $94,155 $13,288 $80,867
2019 $8,523 $92,773 $13,093 $79,680
2018 $8,266 $88,528 $13,093 $75,435
2017 $8,267 $87,521 $12,944 $74,577
2016 $7,550 $78,396 $12,602 $65,794
2015 -- $69,389 $8,711 $60,678
2014 -- $65,048 $9,563 $55,485
2013 -- $65,048 $9,563 $55,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08135474

Midwest Real Estate Data (MRED)

APN: 11-08-127-005