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515 Oregon Avenue

515 Oregon Avenue, Dundee, IL 60118
Property in Dundee
Sold Jul 03, 2018
$198,000
$130,000 by Fifth Third Mortgage Co
Mortgage Due Jul 01, 2048
Sold Aug 23, 2005
$284,500
$227,600 by Key Mortgage Services Inc
Mortgage Due Aug 01, 2035
515 Oregon Avenue has been categorized by the local assessors in Dundee, IL as a residential type of property. The building on the property was first built in 1881 and is 143 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. The building has a total of 2 stories. In addition, 515 Oregon Avenue has 1,761 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,056 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 540 ft. The area measurement of the land has been determined as 8,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Victorian style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The inside of the home is being cooled with a wall air conditioning unit at the moment. Finally, the property is currently sourcing its water from a municipal system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 515 Oregon Avenue was last sold in Jun 13, 2018 for $198,000. According to our calculations, that's $70.29 per sqft. Prior to that sales transaction, the property was sold for $284,500 in Jul 28, 2005. Current property owners are expected to pay $5,963 in taxes per year. The property on 515 Oregon Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $73,689. To break that down further, the land itself was valued at $17,663. While improvements to the property were assessed at a total of $56,026. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1881
  • Effective Year Built: 1881
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Full Bathrooms: 1
  • Building Style: Victorian
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,056
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,817
  • Gross Building Area: 2,817
  • Building Area: 1,761
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: unknown
  • Heated Square Feet: 1,761
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JOSEPH RUSSELLS ADDITION
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W 54 LOT 4 BLOCK 10 54X150 RANGE CODE: 8 E TWSHP 42N

Ownership

  • Current Owner : CRONIN JOHN
  • Current Owner 2: CRONIN NEENAH
  • Previous Owner : SHAW BRIAN
  • Previous Owner 2: AMES HEIDI
  • Owner Before Previous Owner: MACMEEKIN RITA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850500

Geography

  • Parcel: 03-22-459-002
  • Block: 10
  • Lot: 4
  • Municipality: DUNDEE
  • Latitude: 42.0969
  • Longitude: -88.2835

    Address

  • Full Address: 515 Oregon Ave
  • Address - House Number: 515
  • Address - Street Name: Oregon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: West Dundee
  • Carrier Code: C002
  • 4-Digit Zip Code: 2035
  • Zip Code: 60118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,963
  • Tax Rate Code Area: DU014

    Appraisal Valuation

  • Standard Deviation: 0.2191
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 69
  • Final Value: 301,540
  • High Value: 367,611
  • Low Value: 235,468

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 03, 2018
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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: Jul 01, 2048

    Market Valuation

  • Market Total Value: $221,155
  • Market Land Value: $53,010
  • Market Improvement Value: $168,145

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,689
  • Assessed Land Value: $17,663
  • Assessed Improvements Value: $56,026

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 13, 2018
  • Current Sale Recording Date: Jul 03, 2018
  • Current Sale Transaction ID: 11481051597
  • Current Sale Price: $198,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018K031747
  • Previous Sale Recording Date: Aug 23, 2005
  • Previous Sale Contract Date: Jul 28, 2005
  • Previous Sale Amount: $284,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Jul 03, 2018
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: KEY MORTGAGE SERVICES INC
  • Previous Mortgage Transaction Date: Aug 23, 2005
  • Previous Mortgage Loan Amount: $227,600
  • 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: Aug 01, 2035

About West Dundee



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Frequently Asked Questions

What neighborhood is 515 Oregon Avenue located in?
The 515 Oregon Avenue is a located in the neighborhood of Dundee in West Dundee, Dundee.
What is the average sales price for listings in 515 Oregon Avenue?
The average sales price for units in 515 Oregon Avenue is $0 currently.

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