Seller's Agent in 2020
Mike Nielsen
RE/MAX
(847) 276-0199
3 in this area
182 Total Sales
1002 Rainy Lake Ct Lake Villa, IL 60046
Estimated Value: $498,636 - $571,000
5
Beds
4
Baths
2,683
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Deck
- Recreation Room
- Lakes Community High School Rated A
- Property is adjacent to nature preserve
- Vaulted Ceiling
About This Home
As of December 202010++!! This 2-story stunner in sought after Painted Lakes and Lakes High School has been upgraded from top to bottom! Unique design elements and finishes are just short of a new construction home! *NEW FURNACE* *NEW WATER HEATER* *NEWER ROOF AND SIDING* 5 bedrooms, 3 1/2 bathrooms, 3 car garage, fully fenced in backyard and finished basement. As you walk in, the custom iron banister sets the tone for the whole house. Luxury vinyl plank flooring is carried throughout the first floor. 2-story family room flows into the formal dining room. Brand new kitchen features custom blue island, quartz countertops, under cabinet lighting, fresh white cabinets, stainless steel appliances, recessed lighting, pendent lighting and custom pantry cabinets. Kitchen eating area opens up to large family room with gas fireplace, complete with stylish floor to ceiling stone feature wall. French doors open up to designated office with custom architectural details. Head upstairs to the HUGE master suite with private fireplace and separate sitting area. The master bath is the main showstopper! All new vanities, tile work and walk-in shower. Large walk-in closet, linen closet and 2nd closet in sitting area. 3 bedrooms, full bath and loft area complete the upstairs. Head downstairs to the fully finished, english basement. Tall ceilings are finished with drywall to give a luxury feeling. 5th bedroom and full bathroom. Perfect area for a projector and movie area. The luxury continues outdoors! Fenced in quarter acre backs up to a nature area. Fully fenced in and tons of privacy. Stone firepit and views of the neighboring pond and nature area. Painted Lakes is known for it's cul-de-sac home locations with no one behind you. 2 full parks, miles of sidewalks and direct access to Sun Lake Forest Preserve and Lake Villa baseball fields. Great community area and great home! A must see!!
Last Agent to Sell the Property
RE/MAX Advantage Realty License #471007559 Listed on: 10/29/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,015
Year Built | Renovated
- 1996 | 2020
Lot Details
- Property is adjacent to nature preserve
- Cul-De-Sac
- Fenced Yard
HOA Fees
- $20 per month
Parking
- Attached Garage
- Driveway
- Garage Is Owned
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Vaulted Ceiling
- Gas Log Fireplace
- Great Room
- Sitting Room
- Dining Area
- Home Office
- Recreation Room
- Loft
- Laminate Flooring
- Laundry on main level
Kitchen
- Updated Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Shower Body Spray
- Separate Shower
Finished Basement
- Finished Basement Bathroom
- Basement Window Egress
Outdoor Features
- Deck
- Fire Pit
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2020
Closed on
Dec 14, 2020
Sold by
Knighton Keith
Bought by
Avila Gabriela and Uribe Arturo
Seller's Agent
Mike Nielsen
RE/MAX Advantage Realty
Buyer's Agent
Rufo Moyo
RE/MAX American Dream
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,070
Avg. Annual Appreciation
7.27%
Original Mortgage
$345,000
Outstanding Balance
$310,518
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$209,210
Purchase Details
Listed on
Jun 10, 2020
Closed on
Jul 20, 2020
Sold by
U S Bank Trust N A
Bought by
Knighton Keith
Seller's Agent
Aaron Kohlmeier
Welcome Home Real Estate Group
Buyer's Agent
Mike Nielsen
RE/MAX Advantage Realty
List Price
$209,900
Sold Price
$190,000
Premium/Discount to List
-$19,900
-9.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
471.64%
Purchase Details
Closed on
Jan 17, 2020
Sold by
Speck Ray E and Speck Ray
Bought by
U S Bank Trust Na and Lsf10 Master Participation Trust
Purchase Details
Closed on
Aug 16, 2005
Sold by
Speck Christina M and Speck Raymond E
Bought by
Speck Christina M
Purchase Details
Closed on
Apr 30, 1999
Sold by
Schweinzger Gregory C and Schweinzger Jacqueline
Bought by
Speck Raymond E and Speck Christina M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,700
Interest Rate
6.99%
Purchase Details
Closed on
Jun 30, 1998
Sold by
Schweinzger Karen Lee
Bought by
Schweinzger Gregory C
Purchase Details
Closed on
Nov 5, 1997
Sold by
Centex International Inc
Bought by
Schweinzger Gregory C and Schweinzger Karen Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Avila Gabriela | $375,000 | North American Title | |
| Knighton Keith | $190,000 | Premier Title | |
| U S Bank Trust Na | -- | Premier Title | |
| Speck Christina M | -- | -- | |
| Speck Raymond E | $286,000 | -- | |
| Schweinzger Gregory C | -- | -- | |
| Schweinzger Gregory C | $310,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Uribe Gabriela | $150,000 | |
| Open | Avila Gabriela | $345,000 | |
| Previous Owner | Speck Christina M | $60,000 | |
| Previous Owner | Speck Ray E | $265,000 | |
| Previous Owner | Speck Raymond E | $261,000 | |
| Previous Owner | Speck Raymond E | $30,000 | |
| Previous Owner | Speck Raymond E | $228,700 | |
| Previous Owner | Schweinzger Gregory C | $248,000 | |
| Closed | Schweinzger Gregory C | $31,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2020 12/15/20 | Sold | $375,000 | 0.0% | $140 / Sq Ft |
| 11/09/2020 11/09/20 | Pending | -- | -- | -- |
| 10/29/2020 10/29/20 | For Sale | $375,000 | +97.4% | $140 / Sq Ft |
| 07/27/2020 07/27/20 | Sold | $190,000 | -9.5% | $71 / Sq Ft |
| 07/10/2020 07/10/20 | Pending | -- | -- | -- |
| 07/10/2020 07/10/20 | For Sale | $209,900 | 0.0% | $78 / Sq Ft |
| 07/07/2020 07/07/20 | Pending | -- | -- | -- |
| 06/10/2020 06/10/20 | For Sale | $209,900 | -- | $78 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $12,015 | $130,147 | $19,080 | $111,067 |
| 2023 | $12,033 | $114,991 | $16,858 | $98,133 |
| 2022 | $12,033 | $110,369 | $13,833 | $96,536 |
| 2021 | $11,463 | $102,526 | $12,850 | $89,676 |
| 2020 | $11,216 | $99,241 | $12,438 | $86,803 |
| 2019 | $11,517 | $95,378 | $11,954 | $83,424 |
| 2018 | $11,548 | $98,951 | $18,993 | $79,958 |
| 2017 | $11,255 | $96,312 | $18,486 | $77,826 |
| 2016 | $11,520 | $92,412 | $17,737 | $74,675 |
| 2015 | $11,036 | $86,310 | $16,566 | $69,744 |
| 2014 | $9,140 | $77,337 | $14,444 | $62,893 |
| 2012 | $10,640 | $77,710 | $14,514 | $63,196 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2020
Aaron Kohlmeier
Welcome Home Real Estate Group
(262) 909-8700
315 Total Sales
-
Buyer's Agent in 2020
Rufo Moyo
RE/MAX
(847) 942-4855
1 in this area
82 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10920010
APN: 02-28-402-010
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