NOT LISTED FOR SALE

Estimated Value: $199,000 - $234,000

1 Bed
1 Bath
616 Sq Ft
$354/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $75,000 $122 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $1,616/month

94 Days on Market

Highlights

  • Lake Front
  • Attic
  • Galley Kitchen
  • Main Floor Bedroom
  • Cottage
  • 4-minute walk to South Shore Beach

About This Home

As of August 2020

Huge $20,000 Price Reduction - Home is Being SOLD AS IS*Cash or Conventional Loans Only*Sitting By the Dock of the Bay! In This Cute & Cozy Lake Front Home*Located on Island Lake*No Need to Go on Vacation*The View is Incredible! Freshly Painted with New Laminate Floors*Open Floor Plan with Kitchen Open to the Living Room*Full Bathroom Has Been Completely Remodeled*Welcome Home to the Master Bedroom with Sharp Barn Door*There is a Finished Attic with a Pull Down Stair*Bring Your Boat, Fish, Skate & Just Have Fun! Seller will leave the Orange Canoe, the Pier & a Large Round Outside Party Table with Chairs*There is a Washer/Dryer Hookup in the Closet behind the Refrigerator but No Washer/Dryer*The Lot Size is Approximate, See Plat of Survey*Window Air Conditioner (2019) Heater (2017) & Roof (2008)*Walking Distance to Downtown Grocery Stores, Gas Stations, Restaurants & More!

Last Agent to Sell the Property

Cherie Smith Zurek

RE/MAX Suburban License #471003036 Listed on: 04/10/2020

RE/MAX Suburban

Last Buyer's Agent

John Pace

Real People Realty License #475143896

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,130

Year Built | Renovated

  • 1935 | 2020

Lot Details

  • 8,276

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Asphalt Shingled Roof

Kitchen

  • Galley Kitchen
  • Oven or Range

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Additional Features

  • Laminate Flooring
  • Main Floor Bedroom
  • Lake Front
  • Attic

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,130

Year Built | Renovated

1935 | 2020

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Square Footage Comments: There is a finished attic space 21x11 not in the square footage
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 616
  • Style Of House: Cottage
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1935
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 616
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom
  • Number Of Rooms: 4
  • Living Room: Dimensions: 15X14, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Appliances: Oven/Range, Refrigerator
  • Equipment: CO Detectors
  • Attic: Finished
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Laundry: Dimensions: 3X3, On Level: Main Level, Flooring: Other
  • Kitchen Type: Dimensions: 9X8, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Kitchen Type: Galley
  • Additional Rooms: Attic
  • Master Bedroom: Dimensions: 21X12, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Additional Room 1 Name: Attic, Dimensions: 21X11, On Level: 2nd Level, Flooring: Vinyl, Windows: None
  • Estimated Sq Ft: 616
  • Estimated Total Finished Sq Ft: 616
  • Upper Level Sq Ft: 616

Exterior Features

  • Foundation: Pillars
  • Lot Size: Less Than .25 Acre
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Acreage: 0.19

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Fuses
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 118
  • High School: Wauconda Community High School
  • Junior High Dist: 118

Lot Info

  • Lot Dimensions: 60X160X40X174
  • Lot Description: Lake Front
  • Parcel Identification Number: 1520476027

Tax Info

  • Taxes: 4003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
Aug 11, 2020
Sold by
Prange Donald and Prange Amy A
Bought by
Acevedo Eric and Acevedo Kathy
Seller's Agent
Cherie Smith Zurek
RE/MAX Suburban
Buyer's Agent
John Pace
Real People Realty
List Price
$109,900
Sold Price
$75,000
Premium/Discount to List
-$34,900
-31.76%
Current Estimated Value
$218,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,135
Avg. Annual Appreciation
19.44%
Original Mortgage
$60,000
Outstanding Balance
$53,487
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$129,822

Purchase Details

Closed on
Sep 24, 2008
Sold by
Straus Betty R
Bought by
Prange Donald and Bugay Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
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
Acevedo Eric $75,000 Attorney
Prange Donald $115,000 Baird & Warner Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acevedo Eric $60,000
Previous Owner Prange Donald E $87,300
Previous Owner Prange Donald $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $75,000 -31.8% $122 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $109,900 0.0% $178 / Sq Ft
07/07/2020 07/07/20 Price Changed $109,900 -15.4% $178 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
05/24/2020 05/24/20 For Sale $129,900 0.0% $211 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $129,900 -- $211 / 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 $5,130 $73,010 $16,781 $56,229
2023 $1,803 $29,177 $15,049 $14,128
2022 $2,061 $26,682 $13,762 $12,920
2021 $1,965 $25,016 $12,903 $12,113
2020 $4,330 $48,789 $25,289 $23,500
2019 $4,263 $46,387 $24,044 $22,343
2018 $4,003 $43,572 $22,585 $20,987
2017 $3,875 $41,743 $21,637 $20,106
2016 $3,765 $39,827 $20,644 $19,183
2013 -- $37,904 $19,647 $18,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10688433

Midwest Real Estate Data (MRED)

APN: 15-20-476-027