Seller's Agent in 2021
Jay Reid
The McDonald Group
(847) 791-5491
2 in this area
198 Total Sales
1068 Chesapeake Blvd Unit 7 Grayslake, IL 60030
Estimated Value: $473,000 - $511,000
5
Beds
4
Baths
3,596
Sq Ft
$137/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Formal Dining Room
- Soaking Tub
- Meadowview School Rated A-
- Attached Garage
- 2-minute walk to Yogi Bear Park
About This Home
As of October 2021Chesapeake Farms is one of the main and sought-after subdivisions in Grayslake. This home is move-in ready with all the bells and whistles you are looking for. Start with a five-bedroom home with 3 1/2 baths, finished basement, and sunroom. Some of the updates are as follows. Oct-15 New Kenmore Elite Washer & Dryer, May-18 New Hot Water Heater, Jun-18, Nest Doorbell, Jun-18 Ecobee Thermostat, Aug-18 New Fence, Jun-19 New Roof - Architectural Timberline GAF Shingles, May-20 New GE Double Oven, May-20 New GE Refrigerator, May-20 New GE Microwave, May-20 New GE Dishwasher, May-20 New Single Basin Stainless Steel Sink, May-20 New Ceiling Fans - Master Bedroom and Sunroom, May-20 New Light Fixtures - Dining Room and Breakfast Nook, Jun-20 Exterior Wood Trim Replaced & Painted, Oct-20 New Quartz Counter Top, Oct-20 New Kitchen Backsplash, Nov-20 Gym Flooring, 2020 Hunter Douglas Custom Blinds, 2021 Renovated Powder Room. Jan-21 New, Jan-21 New Benjamin MoorePaint Second Floor Hallway and 1 Bedroom, Feb-21 New Kitchen Cabinet Hardware, May-21 A/C Unit Serviced Jun-16 - Aug-21 Tree Trimming. Make sure to see the 3D tour under the virtual tour button on most real estate internet search engines. Note from sellers: Back in 2014, the home was "move-in-ready", and as two young adults just starting off in their careers, this was something we placed value in. All the essentials and basic requirements of a home were already in place and some extras too - a spacious layout, a beautiful fenced-in yard to welcome a future puppy, and a finished basement. We have since updated many of the rooms and added our own personal touches as well. Our favorite room in the entire house is the sunroom, where interestingly enough, we spent many nights hanging out with neighbors and friends after the kids went to sleep. We also love our backyard, with abundant space for the kids to play and just the right amount of privacy and shade! We hope you can envision your future here, as this home has been filled with so much joy and From fantastic neighbors to a brand new playground at the end of the street, the setting truly is perfect. We have walked our dog almost every day along the paved paths around Tylerton Lake and Typson Lake. The Rollins Savannah Forest Preserve is also within walking or biking distance. Many Wednesday afternoons were spent walking to downtown Grayslake for weekly visits to the Farmer's Market and the strong sense of community in Grayslake is one that we truly are sad to leave behind.
Last Agent to Sell the Property
HomeSmart Connect LLC License #471006747 Listed on: 08/14/2021
Last Buyer's Agent
Rupal Stader-Shaw
@properties Christie's International Real Estate License #475119769
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,980
Year Built
- 1996
Lot Details
- 10,019
HOA Fees
- $8 per month
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Vinyl Siding
Interior Spaces
- 3,596 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Formal Dining Room
- Finished Basement
- Finished Basement Bathroom
Bedrooms and Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2021
Closed on
Oct 29, 2021
Sold by
Reed Robert M and Reed Laura
Bought by
Deleon Charlenne and Heschle John
Seller's Agent
Jay Reid
HomeSmart Connect LLC
Buyer's Agent
Rupal Stader-Shaw
@properties Christie's International Real Estate
List Price
$375,000
Sold Price
$395,000
Premium/Discount to List
$20,000
5.33%
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
$97,912
Avg. Annual Appreciation
5.72%
Original Mortgage
$375,250
Outstanding Balance
$343,275
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$149,637
Purchase Details
Listed on
Oct 13, 2014
Closed on
Dec 23, 2014
Sold by
Smith Marcus A and Smith Jennifer L
Bought by
Reed Robert M and Reed Laura G
Seller's Agent
Judy Stark
Baird & Warner
Buyer's Agent
Jay Reid
HomeSmart Connect LLC
List Price
$309,900
Sold Price
$280,000
Premium/Discount to List
-$29,900
-9.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$266,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2003
Sold by
Labar Mark S and Labar Julie A
Bought by
Smith Marcus A and Smith Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.4%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 6, 2000
Sold by
Finkenbiner Robert G and Finkenbiner Kristine A
Bought by
Labar Mark S and Labar Julie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
7.37%
Purchase Details
Closed on
Jun 16, 1997
Sold by
Oak Brook Bank
Bought by
Finkenbiner Robert G and Finkenbiner Kristine A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.5%
Purchase Details
Closed on
Dec 26, 1995
Sold by
Pulte Home Corp
Bought by
Oak Brook Bank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,690,000
Interest Rate
7.43%
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 |
|---|---|---|---|
| Deleon Charlenne | $395,000 | Attorney | |
| Reed Robert M | $280,000 | Attorneys Title Guaranty Fun | |
| Smith Marcus A | $335,000 | -- | |
| Labar Mark S | $296,000 | -- | |
| Finkenbiner Robert G | $254,500 | First American Title | |
| Oak Brook Bank | $1,160,000 | Intercounty Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Deleon Charlenne | $375,250 | |
| Previous Owner | Reed Robert M | $266,000 | |
| Previous Owner | Smith Marcus A | $268,000 | |
| Previous Owner | Labar Mark S | $266,400 | |
| Previous Owner | Finkenbiner Robert G | $185,000 | |
| Previous Owner | Oak Brook Bank | $2,690,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $395,000 | +5.3% | $110 / Sq Ft | |
| 08/15/2021 08/15/21 | Pending | -- | -- | -- | |
| 08/14/2021 08/14/21 | For Sale | $375,000 | +33.9% | $104 / Sq Ft | |
| 12/29/2014 12/29/14 | Sold | $280,000 | -6.6% | $118 / Sq Ft | View Prior Sale |
| 11/26/2014 11/26/14 | Pending | -- | -- | -- | |
| 10/27/2014 10/27/14 | Price Changed | $299,900 | -3.2% | $126 / Sq Ft | |
| 10/13/2014 10/13/14 | For Sale | $309,900 | -- | $131 / 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 | $12,980 | $135,426 | $20,292 | $115,134 |
| 2023 | $12,026 | $118,370 | $17,736 | $100,634 |
| 2022 | $12,026 | $106,285 | $14,683 | $91,602 |
| 2021 | $11,890 | $102,158 | $14,113 | $88,045 |
| 2020 | $11,892 | $97,201 | $13,428 | $83,773 |
| 2019 | $12,274 | $99,266 | $12,883 | $86,383 |
| 2018 | $13,764 | $112,794 | $19,138 | $93,656 |
| 2017 | $13,494 | $103,175 | $18,002 | $85,173 |
| 2016 | $12,970 | $95,242 | $16,618 | $78,624 |
| 2015 | $12,664 | $87,011 | $15,182 | $71,829 |
| 2014 | $11,511 | $79,355 | $15,774 | $63,581 |
| 2012 | $11,310 | $82,877 | $16,474 | $66,403 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Reid
-
Alexander Reid
Seller Co-Listing Agent in 2021
Alexander Reid
HomeSmart Connect LLC
(847) 791-2420
3 in this area
167 Total Sales
-
R
Buyer's Agent in 2021
Rupal Stader-Shaw
@ Properties
-
Judy Stark
J
Seller's Agent in 2014
Judy Stark
Baird Warner
(847) 404-9586
4 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11189975
APN: 06-23-309-008
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