NOT LISTED FOR SALE

7505 Scott Ln Machesney Park, IL 61115

Estimated Value: $123,000 - $136,075

3 Beds
1 Bath
845 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $75,000 $89 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $849/month

34 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Great Room
  • Shed

About This Home

As of September 2019

Cute as a button! This 3 bedroom home offers newer siding, windows & roof. Eat-in kitchen with plenty of cabinets. Lower level is finished w/walk-out stairs to the fenced back yard. 3 car attached garage & nice sized shed. Harlem schools. Quick possession.

Last Agent to Sell the Property

Tracy Wallschlaeger

Gambino Realtors License #475136274 Listed on: 07/22/2019

Gambino Realtors

Last Buyer's Agent

Carrie Buckett

Century 21 Affiliated License #475124531

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1956

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Shingle Roof
  • Siding

Interior Spaces

  • Great Room

Kitchen

  • Stove
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Shed

Schools

  • Maple Elementary School
  • Harlem Jr Middle School
  • Harlem High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,290

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 845
  • Estimated Below Grade Finished Sq Ft: 320
  • Exemptions: Owner, Senior, Senior Freeze
  • Front: 62.5
  • General Features: Basement Entrance, Garden Shed, Great Room, L.L. Finished Space, Main Floor Master, Fenced Yard
  • Grid: 45
  • Legal Description: NORTH PARK EAST SECOND SUB PT E1/2 NE1/4 SEC 31-45-2 S1/2 LOT 005 BLOCK 004
  • Lot Acreage: 0.19
  • Lvt Date: 07/22/2019
  • Number of Main Level Full Bathrooms: 1
  • Rear: 62.5
  • Side 1: 280
  • Side 2: 280
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 5761
  • Elementary School: Maple Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: Cute as a button! This 3 bedroom home offers newer siding, windows & roof. Eat-in kitchen with plenty of cabinets. Lower level is finished w/walk-out stairs to the fenced back yard. 3 car attached garage & nice sized shed. Harlem schools. Quick possession.
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 477013069
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 12.10x9.5, On Level: Main
  • Bedroom 2: Dimensions: 11.5x9.6, On Level: Main
  • Bedroom 3: Dimensions: 8.5x8.2, On Level: Main
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 18.5x13.9, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 14.9x11.5
  • Recreation Room: Yes, On Level: Lower, Dimensions: 25.8x12.4
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Schools

  • School District: Harlem 122
  • Elementary School: Maple Elementary
  • Middle School: Harlem Jr
  • High School: Harlem High School

Building Info

  • Year Built: 1956

Tax Info

  • Year: 2018
  • Taxes: 1290

MLS Schools

  • HighSchool: Harlem High School
  • School District: Harlem 122
  • Middle School: Harlem Jr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 30, 2019
Sold by
Clark Lj
Bought by
Edwards Patricia
Seller's Agent
Tracy Wallschlaeger
Gambino Realtors
Buyer's Agent
Carrie Buckett
Century 21 Affiliated
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Current Estimated Value
$128,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,519
Avg. Annual Appreciation
9.28%
Original Mortgage
$70,970
Outstanding Balance
$62,794
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$65,725
Source: Public Records

Range of Values:

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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
Edwards Patricia $75,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Patricia $70,970
Closed Edwards Patricia $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $75,000 0.0% $89 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
08/21/2019 08/21/19 Price Changed $75,000 -6.3% $89 / Sq Ft
07/29/2019 07/29/19 Price Changed $80,000 -5.9% $95 / Sq Ft
07/22/2019 07/22/19 For Sale $85,000 -- $101 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $2,036 $36,568 $4,960 $31,608
2023 $1,853 $32,476 $4,405 $28,071
2022 $1,751 $29,621 $4,018 $25,603
2021 $1,561 $27,549 $3,737 $23,812
2020 $1,394 $26,242 $3,560 $22,682
2019 $1,162 $25,136 $3,410 $21,726
2018 $1,290 $24,312 $3,298 $21,014
2017 $1,308 $23,646 $3,208 $20,438
2016 $1,317 $23,175 $3,144 $20,031
2015 $667 $22,770 $3,089 $19,681
2014 $1,350 $22,770 $3,089 $19,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201904493

NorthWest Illinois Alliance of REALTORS®

APN: 08-31-277-009