NOT LISTED FOR SALE

12 Alexandra Dr Mettawa, IL 60048

Estimated Value: $775,000 - $1,488,000

2.15 Acres
$577,842 Price per Acre
93,654 Sq Ft Lot

Last Sold September 11, 2020

Last sale price $109,000

Est. 1,040% increase in value since last sale

Current estimated payment $8,961/month

302 Days on Market

About This Lot

As of September 2020

Vernon Hills grade school & Vernon Hills High School District! AMAZING VALUE FOR THIS 2.15 ACRE BUILDING SITE LOCATED IN THE GATED COMMUNITY OF RIVERSIDE FOREST IN METTAWA. HORSE AND BIKE RIDING TRAILS NEARBY. CITY SEWER AVAILABLE. VERNON HILLS GRADE SCHOOLS AND VERNON HILLS HIGH SCHOOL. PLEASE NOTE THAT PROPERTY TAXES REFLECT A CURRENT ASSESSED VALUE OF $296,603 AND TAXES SHOULD BE REDUCED SUBSTANTIALLY IF BUYER APPEALS THE ASSESSED VALUE AFTER CLOSING BASED ON THE NEW SALE PRICE. THIS LOT HAD SOLD FOR $595,000 BACK ON 6/24/2005! Four total PIN #'s. PIN #1503202014,1503202015,1134401010 and 1134401011. Total 2019 taxes are $8,666

Last Agent to Sell the Property

Tom Glusic

Coldwell Banker Realty License #471007098 Listed on: 10/24/2019

Coldwell Banker Realty

Last Buyer's Agent

Yamin Yamin

Yamin A. Yamin License #471014009

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,922

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$26,922

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Estate
  • Total Listed Lots Avail: 8
  • Utilities To Site: Electric Nearby, Gas Nearby, Sanitary Sewer Nearby
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 2.0-2.99 Acres
  • Acreage: 2.15
  • Frontage Access: Private Road
  • Front Footage: 210

Schools

  • School District: 128
  • Elementary School: Aspen Elementary School
  • Middle School: Hawthorn Middle School South
  • High School: Vernon Hills High School
  • Junior High Dist: 73

Lot Info

  • Lot Dimensions: 210 X 506 X 203
  • Land Amenities: Security Entrance
  • Parcel Identification Number: 15032020140000

Tax Info

  • Taxes: 8666.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Francis Glen A and Lavelle John J
Bought by
Kapadia Salim and Abubakar Ishrat
Current Estimated Value
$1,242,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2020
Sold by
Lavelle John and John Lavelle Revocable Trust
Bought by
Francis Glen A and Lavelle John J

Purchase Details

Closed on
May 21, 2020
Sold by
Lavelle John and Lavelle Andrea
Bought by
Lavelle John and John Lavelle Revocable Trust

Purchase Details

Closed on
Aug 13, 2012
Sold by
Bac Home Loans Servicing Lp
Bought by
Lavelle John and Lavelle Andrea

Purchase Details

Closed on
Mar 26, 2010
Sold by
Kwapien Ryszard
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Apr 23, 2007
Sold by
Riverside Preserve Of Mettawa Llc
Bought by
Kwapien Ryszard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,930
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kapadia Salim $1,125,000 Proper Title
Francis Glen A -- Attorney
Lavelle John -- None Available
Lavelle John $875,000 Chicago Title Insurance Comp
Bac Home Loans Servicing Lp -- None Available
Kwapien Ryszard $875,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kapadia Salim $500,000
Previous Owner Lavelle John $430,700
Previous Owner Kwapien Ryszard $156,930
Previous Owner Kwapien Ryszard $1,680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $109,000 -19.3% --
08/21/2020 08/21/20 Pending -- -- --
04/27/2020 04/27/20 Price Changed $135,000 -2.9% --
01/03/2020 01/03/20 Price Changed $139,000 -6.7% --
10/24/2019 10/24/19 For Sale $149,000 +36.7% --
10/24/2019 10/24/19 Off Market $109,000 -- --
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 $26,922 $307,058 $126,917 $180,141
2023 $27,182 $289,732 $119,756 $169,976
2022 $27,182 $293,216 $149,728 $143,488
2021 $26,406 $290,055 $148,114 $141,941
2020 $25,967 $291,044 $148,619 $142,425
2019 $24,922 $289,971 $148,071 $141,900
2018 $29,182 $370,937 $142,637 $228,300
2017 $31,401 $362,279 $139,308 $222,971
2016 $36,132 $409,858 $133,398 $276,460
2015 $35,629 $395,490 $124,753 $270,737
2014 $27,008 $287,226 $133,985 $153,241
2012 $21,979 $448,228 $134,254 $313,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10556739

Midwest Real Estate Data (MRED)

APN: 15-03-202-010