NOT LISTED FOR SALE

617 Edwards Ave West Dundee, IL 60118

Estimated Value: $636,000 - $923,000

9 Beds
6 Baths
5,800 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 21, 2013

Last sale price $442,500 $76 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,680/month

46 Days on Market

Highlights

  • Brick Exterior Construction
  • Dundee Highlands Elementary School Rated A-
  • Central Heating

About This Home

As of May 2013

This home is located at 617 Edwards Ave, West Dundee, IL 60118 since 02 March 2013 and is currently estimated at $803,842, approximately $138 per square foot. This property was built in 1970. 617 Edwards Ave is a home located in Kane County with nearby schools including Dundee Highlands Elementary School, Dundee Middle School, and Dundee-Crown High School.

Last Agent to Sell the Property

Bo West

RE/MAX Horizon License #475122321 Listed on: 03/02/2013

RE/MAX Horizon

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,388

Year Built

  • Built in 1970

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 136x127

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,800 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $350
  • Fuel Expense $3,070
  • Insurance Expense $1,516
  • Maintenance Expense $500
  • Trash Expense $1,962
  • Water Sewer Expense $1,432
  • Operating Expense $18,718
  • Gross Income $56,460
  • Net Operating Income $38,942

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,388

Year Built

Built in 1970

Lot Details

0.39 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Reserve Fee Required,Show-Call Listing Office,No Sign on Property
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Block, Stone
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Membrane
  • Exterior Building Type: Brick,Stone
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Municipal, Water to Site
  • Heat/Ventilation: Central Bldg Heat,Radiant
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 1962
  • Water Sewer Expenses: 1432

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.39
  • Lot Dimensions: 136X127
  • Lot Size Sq Ft: 17233
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 5

Building Info

  • BuildingAreaTotal: 5800

Multi Family

  • Net Operating Income: 38942
  • Fuel Expense: 3070
  • Insurance Expense: 1516
  • ElectricExpense: 350
  • GrossIncome: 56460
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 18718
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 10388
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2018
Sold by
Mendoza Everardo and Mendoza Guadalupe
Bought by
Villalobos Araceli
Current Estimated Value
$803,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,158
Outstanding Balance
$170,452
Interest Rate
4.45%
Mortgage Type
FHA
Estimated Equity
$633,390

Purchase Details

Listed on
Mar 2, 2013
Closed on
May 17, 2013
Sold by
Benson Sonya Maria
Bought by
Diori Christopher
Seller's Agent
Bo West
RE/MAX Horizon
Buyer's Agent
Non Member
NON MEMBER
List Price
$485,000
Sold Price
$442,500
Premium/Discount to List
-$42,500
-8.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$242,500
Interest Rate
3.39%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 22, 2001
Sold by
Benson Karl Eric and Benson Sonya M
Bought by
Benson Sonya Maria and Sonya Maria Benson 2001 Declaration Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Villalobos Araceli $205,000 Heritage Title Co
Diori Christopher $442,500 None Available
Benson Sonya Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos Araceli $198,158
Previous Owner Diori Christopher $242,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2013 05/21/13 Sold $442,500 -8.8% $76 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $485,000 -- $84 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $18,463 $234,515 $63,936 $170,579
2023 $17,372 $211,008 $57,527 $153,481
2022 $15,835 $185,740 $57,527 $128,213
2021 $15,305 $175,375 $54,317 $121,058
2020 $15,031 $171,432 $53,096 $118,336
2019 $14,570 $162,741 $50,404 $112,337
2018 $13,374 $146,233 $59,862 $86,371
2017 $12,760 $136,794 $55,998 $80,796
2016 $13,018 $132,450 $54,220 $78,230
2015 -- $124,110 $50,806 $73,304
2014 -- $104,942 $42,959 $61,983
2013 -- $108,154 $44,274 $63,880
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bo West

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2013

    Non Member

    NON MEMBER

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08283723

Midwest Real Estate Data (MRED)

APN: 03-27-252-005

Illinois Kane County West Dundee 60118

617 Edwards Ave, West Dundee, IL

Not Listed for Sale

MultiFamily

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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