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7 Sharon Ln
Score
68
Fulton, IL

7 Sharon Ln

820K
4 bd • 4 ba • 4,415 sf

This analysis was generated on 3/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$819,900
+882%vs 61252
Price/Sq.Ft
$186
+132%vs 61252
Within Fair Range
within range

Current Price

$819,900

Fair Range

$780,000 - $820,000

$819,900
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$780,000
Success Probability:High(65%)

AI Rationale

The market is a buyer's market with low competition, and the seller's price reduction indicates motivation. The offer is supported by the need for renovations and market conditions.

Overall Score
68
73
Home Condition
83
Natural Light
63
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Red Exterior Trim
Red Exterior Trim

Red Exterior Trim

The red trim on the exterior is dated and may not appeal to all buyers.

Wood Paneling
Wood Paneling

Wood Paneling

The wood paneling throughout the interior is dated and darkens the space.

Outdated Kitchen
Outdated Kitchen

Outdated Kitchen

The kitchen features outdated oak cabinets and laminate countertops.

Dated Bathrooms
Dated Bathrooms

Dated Bathrooms

The bathrooms have dated fixtures and finishes, including laminate countertops and basic vanities.

Terra Cotta Tile Flooring
Terra Cotta Tile Flooring

Terra Cotta Tile Flooring

The terra cotta tile flooring throughout the house is dated and may not appeal to all buyers.

Basic Laundry Room
Basic Laundry Room

Basic Laundry Room

The laundry room features basic cabinets and appliances.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$40,000

Replace Wood Paneling

$15,000
High

Kitchen Renovation

$25,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Apr
2024
$0Cash Purchase
April 3, 2024
From:Leonard T Lewis
To:Leonard T Lewis Revocable Trust, Deborah K Seitz
Quit Claim Deed
Non-Arm's Length Transactions

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$819,900
-30%List: $819,900+30%
20%
$163,980of $819,900
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$218,584
Closing Costs
+$54,604
Down Payment
$163,980
Buyer Agent Fee
$20,907
Loan Fees
$6,559
Title & Escrow
$4,920
Inspections
$900
Transfer Tax
$9,019
Prepaid Expenses
$12,299

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
0 days
vs 108 day average
This is a new listing, while homes in this area typically sell in 108 days
Inventory Health
8
homes for sale
5 homes sold last month, indicating 1.6x more supply than demand
Price Dynamics
94.2%
of asking price
Homes typically sell for 5.8% below asking price

Price Trajectory

$83,500
Current median price
-24.1%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is strongly cooling
Prices are down 47.0% over the last 3 months
3 Months
-47.0%
6 Months
-44.3%
1 Year
-24.1%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 267.7% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$83,500
3 Months Ago
$121,000
31.0%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$819,900
Price/sqft
$186
Layout
4 bd4 ba
NaN

Stats in the Area

Based on 2 comparable properties nearby

Average Price

$15,500

5189.7%

Your price is 5189.7% above average

Median Price

$21,000

3804.3%

Based on 2 recent sales

Price per Sq.Ft

N/A

No price per sq.ft data available

Comparable Properties

1018 8TH Avenue, Fulton, IL 61252
Price: $10,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 1/30/2025
1018 8TH Avenue, Fulton, IL 61252
Price: $21,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 1/30/2025

Schools

Nearby school quality by education level

Middle

5.0/10
Average

High

5.0/10
Average

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 3 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Inspect the flat roof for any signs of ponding water, cracking, or bubbling of the roofing material, paying close attention to seams and edges.

Thoroughly inspect the basement, especially the safe room, for any signs of moisture, mold, or efflorescence (white, powdery mineral deposits).

Examine the rebar reinforced foundation for cracks, settling, or other signs of structural issues.

Check the zoning of the extra parcel to understand its development potential and any restrictions.

Questions to Ask

Important questions to ask during the tour

Can you provide any documentation regarding the maintenance and repair history of the flat roof, including any past leaks or repairs?

Are there any known issues with the foundation, such as settling, cracking, or water intrusion, and have there been any repairs or treatments performed?

Has a professional inspection been performed recently, and if so, can we review the report?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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