NOT LISTED FOR SALE

601 Ryan Ln West Dundee, IL 60118

Estimated Value: $485,025 - $518,000

7 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot Lot

Sale Details

Date Sold: July 30, 2020

Last sale price $315,000

Est. 58% increase in value since last sale

Current estimated payment $3,507 / mo

4 Days on Market

Highlights

  • Lower Floor Utility Room
  • Shed
  • Paved or Partially Paved Lot
  • Dundee Highlands Elementary School Rated A-
  • Baseboard Heating
  • Senior Tax Exemptions

About This Home

As of July 2020

Well Cared For 3 Flat in West Dundee ~ Walking Distance to the Downtown Area ~ Main Level Unit has a Living Room, Kitchen, 3 Bedrooms, 2 Full Baths and a Family Room ~ Basement has Storage Units for Tenants and a Coin Laundry. Upper Level Units Have a Kitchen, Living Room, 2 Bedrooms and a Bath, Unit 2 has been freshly painted and new appliances. I do have photos of the Upper Unit, they are both the same layout. Unit #1 is Owner Occupied and will be staying and paying rent to the new owner. This will then be a fully leased property for the investors!! Tenants Pay Electric!

Last Agent to Sell the Property

Susan Price

Baird & Warner Real Estate - Algonquin License #475120055 Listed on: 05/22/2020

Baird & Warner Real Estate - Algonquin

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,720

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 66 x 120
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Partial Basement
  • Sump Pump

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Additional Features

  • Lower Floor Utility Room
  • Shed
  • Baseboard Heating

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $240
  • Fuel Expense $1,024
  • Water Sewer Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,720

Year Built

Built in 1972

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Sump Pump
  • Room Type: Utility Room-Lower Level
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Stone

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1500

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 66 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Multi Family

  • Fuel Expense: 1024
  • ElectricExpense: 240
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 6720.04
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 29, 2020
Sold by
Bought by
Seller's Agent
Susan Price
Baird & Warner Real Estate - Algonquin
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$497,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,006
Avg. Annual Appreciation
8.04%
Original Mortgage
$252,000
Outstanding Balance
$226,537
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$270,469

Purchase Details

Closed on
Jul 27, 2015
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$315,000 Chicago Title
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $252,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $315,000 -3.1% --
05/26/2020 05/26/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $325,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,939 $129,934 $30,074 $99,860
2023 $9,320 $116,911 $27,060 $89,851
2022 $7,846 $95,062 $27,060 $68,002
2021 $7,568 $89,757 $25,550 $64,207
2020 $6,973 $87,739 $24,976 $62,763
2019 $6,720 $83,291 $23,710 $59,581
2018 $8,611 $101,289 $23,241 $78,048
2017 $8,170 $94,751 $21,741 $73,010
2016 $8,312 $91,742 $21,051 $70,691
2015 -- $82,552 $19,725 $62,827
2014 -- $80,272 $19,180 $61,092
2013 -- $82,729 $19,767 $62,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10722825

Midwest Real Estate Data (MRED)

APN: 03-27-276-001

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