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503 George Street

503 George Street, Wood Dale, IL 60191
Property in Addison
Sold May 06, 2021
$250,000
$185,000 by Wintrust Mortgage
Mortgage Due May 01, 2051
Sold Dec 20, 2005
$320,000
$267,136 by Diversified Mortgage Corp
Mortgage Due Dec 01, 2035
Local assessors in Wood Dale, IL have categorized 503 George Street as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 1,307 square feet. The linear feet between the front and back of the lot was measured at 49 ft and the front of the lot was measured at 26 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 503 George Street has a total of 2,021 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The property was last sold in Apr 21, 2021 for $250,000. That's $88.62 per sqft. Prior to that sales transaction, the property was also sold in Nov 18, 2005 for $320,000. 503 George Street was last assessed in 2022. The total value of the property was assessed at $94,630. Specifically, the land the property is located on was valued at $11,360. While improvements on the property were assessed at a total of $83,270. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,272. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: A-frame
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 400
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,307
  • Lot Size Depth Feet: 49
  • Lot Size Frontage Feet: 26
  • Total Building Area: 2,821
  • Gross Building Area: 2,821
  • Building Area: 2,021
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,021
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEORGETOWN TOWNHOMES
  • Land Acres: 0.03
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GEORGETOWN TOWNHOMES /EX N 90.66FT/

Ownership

  • Current Owner : RODRIGUEZ RAY
  • Current Owner 2: RODRIGUEZ MARIE A
  • Previous Owner : ANDERSON JEFFREY
  • Previous Owner 2: DEVENNY KATHERINE
  • Owner Before Previous Owner: GEORGETOWN STREET TOWNHOMES OF WOODDALE
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fenton Community High School District 100
  • School Tax School District: WOOD DALE
  • Census Tract: 840102

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2914-E7
  • Parcel: 03-09-303-042
  • Lot: 6
  • Municipality: ADDISON
  • Latitude: 41.9639
  • Longitude: -87.9963

    Address

  • Full Address: 503 George St
  • Address - House Number: 503
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: IL
  • City Name: Wood Dale
  • Carrier Code: C011
  • 4-Digit Zip Code: 1814
  • Zip Code: 60191

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,272
  • Tax Rate Code Area: 3044

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 345,281
  • High Value: 407,166
  • Low Value: 283,397

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: May 06, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $185,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $283,890
  • Market Land Value: $34,080
  • Market Improvement Value: $249,810

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,630
  • Assessed Land Value: $11,360
  • Assessed Improvements Value: $83,270

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: May 06, 2021
  • Current Sale Transaction ID: 11835073297
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021-072288
  • Previous Sale Recording Date: Dec 20, 2005
  • Previous Sale Contract Date: Nov 18, 2005
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: May 06, 2021
  • First Mortgage Loan Amount: $185,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DIVERSIFIED MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 20, 2005
  • Previous Mortgage Loan Amount: $267,136
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Wood Dale



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Frequently Asked Questions

What neighborhood is 503 George Street located in?
The 503 George Street is a located in the neighborhood of Addison in Wood Dale, Wood Dale.
What is the average sales price for listings in 503 George Street?
The average sales price for units in 503 George Street is $0 currently.

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