NOT LISTED FOR SALE

10602 Michigan Dr Spring Grove, IL 60081

Estimated Value: $415,000 - $511,000

3 Beds
3 Baths
2,314 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 30, 2017

Last sale price $186,391 $81 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,368/month

12 Days on Market

Highlights

  • Attached Garage
  • Central Air
  • Dining Area

About This Home

As of January 2017

Great three bedroom house sits on over an acre lot. "This property has been placed in an upcoming event. All bids should be submitted at Xome (void where prohibited). All offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). "

Last Agent to Sell the Property

Bill Knapp

Lake Shore Drive Realty, Inc. License #471012126 Listed on: 12/05/2016

Last Buyer's Agent

Bill Knapp

Lake Shore Drive Realty, Inc. License #471012126 Listed on: 12/05/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,833

Year Built

  • 2003

Lot Details

  • 1.3

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Dining Area
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,833

Year Built

2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2003
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X12, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 15X15, On Level: 2nd Level
  • Additional Room 1 Name: Eating Area, Dimensions: 10X10, On Level: Main Level
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level
  • Estimated Sq Ft: 2314

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • Acreage: 1.3054

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas

Schools

  • School District: 157
  • Junior High Dist: 2

Lot Info

  • Lot Dimensions: 306 X 170
  • Parcel Identification Number: 0507232002

Tax Info

  • Taxes: 8691.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Jan 4, 2017
Sold by
Wells Fargo Bank N A
Bought by
Kjak Jacob and Sederstrom Amanda
Seller's Agent
Bill Knapp
Lake Shore Drive Realty, Inc.
Buyer's Agent
Bill Knapp
Lake Shore Drive Realty, Inc.
List Price
$270,000
Sold Price
$186,391
Premium/Discount to List
-$83,609
-30.97%
Current Estimated Value
$478,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,402
Avg. Annual Appreciation
11.47%
Original Mortgage
$167,751
Outstanding Balance
$138,947
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$339,846

Purchase Details

Closed on
Sep 9, 2016
Sold by
Malchin James E and Malchin Jime
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Apr 27, 2016
Sold by
Malchin James E
Bought by
Malchin Eileen R

Purchase Details

Closed on
Aug 19, 2003
Sold by
Klm Builders Inc
Bought by
Malchin James E and Malchin Eileen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.62%
Mortgage Type
Balloon
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
Kjak Jacob $186,391 Heritage Title Co
Wells Fargo Bank N A -- None Available
Malchin Eileen R -- None Available
Malchin James E $244,902 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kjak Jacob $167,751
Previous Owner Malchin James E $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2017 01/30/17 Sold $186,391 -31.0% $81 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
12/17/2016 12/17/16 Price Changed $270,000 +44.9% $117 / Sq Ft
12/06/2016 12/06/16 Off Market $186,391 -- --
12/05/2016 12/05/16 For Sale $270,000 -- $117 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $9,833 $138,923 $16,627 $122,296
2023 $9,771 $129,568 $15,507 $114,061
2022 $9,194 $113,976 $13,641 $100,335
2021 $8,738 $107,443 $12,859 $94,584
2020 $8,543 $102,708 $12,292 $90,416
2019 $8,598 $101,111 $12,101 $89,010
2018 $8,773 $97,985 $11,727 $86,258
2017 $8,487 $90,373 $13,957 $76,416
2016 $8,521 $86,308 $13,329 $72,979
2013 -- $79,088 $14,208 $64,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09399974

Midwest Real Estate Data (MRED)

APN: 05-07-232-002