NOT LISTED FOR SALE

705 Spring Dr Marengo, IL 60152

Estimated Value: $350,000 - $397,000

4 Beds
4 Baths
2,448 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $175,000 $71 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,642/month

198 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • Recreation Room
  • Riley Community Consolidated School District 18 Rated A-
  • Deck
  • 4-minute walk to Ridge Park

About This Home

As of November 2013

* SHORT SALE APPROVED AT $171,000 READY TO CLOSE NOW * FULL FINISHED BASEMENT * LOWER LEVEL WALK OUT * HOME HAS A GREAT BACK UP * FAMILY ROOM W/ FIREPLACE * LARGE KITCHEN W/ WET BAR * HUGE MASTER BEDROOM W/ MASTER BEDROOM BATH - SEPARATE SOAKER TUB - SHOWER - WALK IN CLOSET * BEAUTIFUL 19 X 14 DECK * LARGE GARAGE * FANTASTIC HOME FOR THE MONEY * HURRY *

Last Agent to Sell the Property

Patrick West

Century 21 New Heritage West License #475119607 Listed on: 03/12/2013

Century 21 New Heritage West

Last Buyer's Agent

Artis Simpson

Artis L. Simpson License #471016606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,449

Year Built

  • Built in 2004

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 74x128

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Game Room
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,449

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2004
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 2448
  • Room Type: Deck, Game Room, Recreation Room
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Master Bedroom,Basement

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 74X128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 6449
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2013
Closed on
Nov 4, 2013
Sold by
Cunningham Josh
Bought by
Young Gibran R
Seller's Agent
Patrick West
Century 21 New Heritage West
Buyer's Agent
Artis Simpson
Artis L. Simpson
List Price
$171,000
Sold Price
$175,000
Premium/Discount to List
$4,000
2.34%
Current Estimated Value
$383,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,678
Avg. Annual Appreciation
6.58%
Original Mortgage
$171,830
Outstanding Balance
$128,244
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$253,243

Purchase Details

Closed on
Apr 14, 2005
Sold by
Paccagnini Scott R and Paccagnini Rachel L
Bought by
Cunningham Josh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 22, 2002
Sold by
Kennedy Homes Ltd Partnership
Bought by
Paccagnini Scott R and Paccagnini Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.8%
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
Young Gibran R $175,000 Chicago Title
Cunningham Josh $270,000 First American Title Ins Co
Paccagnini Scott R $225,027 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Gibran R $171,830
Previous Owner Cunningham Josh $243,000
Previous Owner Paccagnini Scott R $180,000
Closed Paccagnini Scott R $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2013 11/01/13 Sold $175,000 +2.3% $71 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
07/30/2013 07/30/13 Price Changed $171,000 0.0% $70 / Sq Ft
07/30/2013 07/30/13 For Sale $171,000 +0.6% $70 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
06/10/2013 06/10/13 Price Changed $169,900 -0.6% $69 / Sq Ft
05/15/2013 05/15/13 For Sale $171,000 0.0% $70 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
05/08/2013 05/08/13 Price Changed $171,000 0.0% $70 / Sq Ft
05/08/2013 05/08/13 For Sale $171,000 +3.7% $70 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $164,900 -- $67 / 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 $7,869 $111,189 $11,332 $99,857
2023 $7,731 $99,081 $10,098 $88,983
2022 $7,252 $86,524 $8,818 $77,706
2021 $6,854 $80,167 $8,170 $71,997
2020 $6,681 $75,787 $7,724 $68,063
2019 $7,131 $72,538 $7,393 $65,145
2018 $6,800 $69,806 $5,687 $64,119
2017 $6,712 $67,478 $5,497 $61,981
2016 $6,677 $64,908 $5,288 $59,620
2013 -- $65,558 $14,304 $51,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08289877

Midwest Real Estate Data (MRED)

APN: 16-01-105-017