NOT LISTED FOR SALE

8692 Polaris Dr Machesney Park, IL 61115

Estimated Value: $201,731 - $239,000

3 Beds
1.5 Baths
1,092 Sq Ft
$203/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $115,000 $105 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,495/month

31 Days on Market

Highlights

  • Deck
  • Great Room
  • Brick or Stone Mason
  • Ranch Style House
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

The work has been done! This 3 bedrooms ranch offers eat-in kitchen with stainless steel appliances and newer cabinetry. Great room wit large bay window. Master bedroom has half bath. Lower level offers a bar area and rec room. Large, fenced yard with deck and 2 car garage. Harlem schools.

Last Agent to Sell the Property

Tracy Wallschlaeger

Gambino Realtors License #475136274 Listed on: 03/08/2016

Gambino Realtors

Last Buyer's Agent

Rose Schlickman

Key Realty, Inc. License #471000587

Key Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,115

Year Built

  • Built in 1974

Lot Details

  • 0.38 Acre Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • Great Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2.5 Car Garage
  • Driveway

Outdoor Features

  • Deck

Schools

  • Marquette Elementary School
  • Harlem Jr Middle School
  • Harlem High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener
  • Septic System

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,115

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Dishwasher, Microwave, Refrigerator, Stove/Cooktop, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1092
  • Estimated Below Grade Finished Sq Ft: 1000
  • Exemptions: Owner
  • Front: 75
  • General Features: Deck, Great Room, Home Warranty, L.L. Finished Space, Main Floor Master, Fenced Yard
  • Grid: 42
  • Legal Description: Lot 43 Polaris Estates
  • Lot Acreage: 0.38
  • Lvt Date: 03/08/2016
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Rear: 75
  • Side 1: 100
  • Side 2: 100
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 5761
  • Elementary School: Marquette Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: The work has been done! This 3 bedrooms ranch offers eat-in kitchen with stainless steel appliances and newer cabinetry. Great room wit large bay window. Master bedroom has half bath. Lower level offers a bar area and rec room. Large, fenced yard with deck and 2 car garage. Harlem schools.
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 477012769
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Family Room: Yes, On Level: Main, Dimensions: 24x16
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 18x10, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 18x14
  • Recreation Room: Yes, On Level: Lower, Dimensions: 37x10
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

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

Schools

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

Building Info

  • Year Built: 1974

Tax Info

  • Year: 2014
  • Taxes: 3115

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
Mar 8, 2016
Closed on
May 20, 2016
Sold by
Shawn Smith and Shawn Michelle
Bought by
Vespa Michael and Vespa Dawn
Seller's Agent
Tracy Wallschlaeger
Gambino Realtors
Buyer's Agent
Rose Schlickman
Key Realty, Inc.
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Current Estimated Value
$222,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,183
Avg. Annual Appreciation
7.23%
Original Mortgage
$102,500
Outstanding Balance
$81,464
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$140,719

Purchase Details

Closed on
Jul 12, 2000
Bought by
Smith Shawn and Smith Michelle
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
Vespa Michael $115,000 Title Underwriters Agency
Smith Shawn $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vespa Michael $102,500
Closed Vespa Michael $102,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $115,000 -4.1% $105 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $119,900 -- $110 / 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 $3,841 $55,013 $7,296 $47,717
2023 $3,637 $48,857 $6,480 $42,377
2022 $3,564 $44,561 $5,910 $38,651
2021 $3,283 $41,445 $5,497 $35,948
2020 $3,001 $39,479 $5,236 $34,243
2019 $3,082 $37,815 $5,015 $32,800
2018 $3,290 $36,576 $4,851 $31,725
2017 $3,226 $35,573 $4,718 $30,855
2016 $3,830 $34,865 $4,624 $30,241
2015 $1,571 $34,255 $4,543 $29,712
2014 $3,115 $34,255 $4,543 $29,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201601122

NorthWest Illinois Alliance of REALTORS®

APN: 08-29-251-008