NOT LISTED FOR SALE

Estimated Value: $521,000 - $549,000

4 Beds
3.5 Baths
4,000 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $500,000 $125 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,944/month

32 Days on Market

Highlights

  • Contemporary Architecture
  • Recreation Room
  • Den
  • Property is near park
  • Vaulted Ceiling
  • Breakfast Room

About This Home

As of July 2024

Welcome to 1218 Pine Tree Dr, Lake Villa, IL, a breathtaking executive-style home nestled in the prestigious Cedar Ridge Estates subdivision. This magnificent 4-bedroom, 3.5-bathroom residence combines luxury, comfort, and convenience, making it the perfect place to call home. As you step inside, you are greeted by a 2-story grand foyer that sets the tone for the elegance and spaciousness found throughout the home. The newly installed carpeting adds warmth and sophistication to the living spaces, while luxury vinyl plank (LVP) flooring in the kitchen and eating areas offers a modern touch. The main level features a dedicated home office, ideal for remote work or study, providing a quiet and productive environment. The enormous kitchen is a chef's dream, boasting upgraded cabinetry, a built-in double oven, and 42" cabinets that offer ample storage. The large island with a breakfast bar, along with the eating area and bump-out breakfast nook with panoramic views, makes this space perfect for casual dining and entertaining. The 2-story grand family room, with its impressive fireplace, serves as the heart of the home, providing a cozy yet spacious area for gatherings and relaxation. Each of the four bedrooms is generously sized, offering large closets that provide ample storage space. The master suite is a true retreat, featuring a stand-up shower and a separate soaking tub, creating a spa-like experience. The additional bathrooms are well-appointed, ensuring convenience and comfort for family members and guests alike. The full finished English basement is an entertainer's delight, featuring a wet bar, rec room, family room, and game area. This versatile space can be customized to suit your lifestyle, whether you prefer hosting parties, enjoying movie nights, or creating a play area. Situated in a prime location, this home is perfect for commuters, with easy access to Metra commuter rails. It is also conveniently close to shopping and the Chain O' Lakes, Illinois' largest recreational waterway, offering endless opportunities for boating, fishing, and other outdoor activities. In summary, 1218 Pine Tree Dr is a stunning executive home that offers everything you need for luxurious living. From the grand entrance and spacious living areas to the gourmet kitchen and fully finished basement, every detail has been thoughtfully designed to provide comfort and elegance. Don't miss the opportunity to make this exquisite home your own. Schedule your viewing today and experience the exceptional lifestyle that awaits you in Cedar Ridge Estates.

Last Agent to Sell the Property

Dick Barr

Village Realty License #471011187 Listed on: 05/17/2024

Co-Listed By

Christin Kaufman

Coldwell Banker Realty License #475207812

Last Buyer's Agent

Christine Bianchi

@properties Christie?s International Real Estate License #475120157

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,618

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Game Room
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Schools

  • Olive C Martin Elementary School
  • Peter J Palombi Middle School
  • Grant Community High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Water Softener is Owned

Additional Features

  • Patio
  • Property is near park

Community Details

  • Association fees include insurance
  • Office Association, Phone Number (847) 806-6121
  • Cedar Ridge Estates Subdivision, Contemporary Floorplan
  • Property managed by PSI

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,618

Year Built

Built in 2005

Lot Details

0

HOA Fees

$39 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Contemporary, Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Cedar Ridge Estates
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full, English
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, First Floor Laundry
  • LivingArea: 4000
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Breakfast Room, Den, Game Room, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Rec/Family Area,Storage Space
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 39
  • Association Fee Frequency: Monthly
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: PSI
  • Management Contact Name: Office
  • Management Phone: 847-806-6121
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Elementary School: Olive C Martin School
  • High School: Grant Community High School
  • Middle/Junior School: Peter J Palombi School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.29
  • Lot Dimensions: 12410
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10618
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 24, 2024
Sold by
Depperschmidt Keith E and Depperschmidt Jennifer A
Bought by
Yen Ian Chang and Yen Elizabeth Chang
Seller's Agent
Dick Barr
Village Realty
Buyer's Agent
Christine Bianchi
@properties Christie?s International Real Estate
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Views
21
Current Estimated Value
$557,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,908
Avg. Annual Appreciation
4.20%
Original Mortgage
$400,000
Outstanding Balance
$394,508
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$138,396

Purchase Details

Listed on
Sep 12, 2013
Closed on
Feb 28, 2014
Sold by
Andrelczyk Miroslaw J and Andrelczyk Wioletta
Bought by
Depperschmidt Keith E and Depperschmidt Jennifer A
Seller's Agent
Marta Olejnik
Results Realty USA
Buyer's Agent
Patricia Ciko
Berkshire Hathaway HomeServices Chicago
List Price
$284,900
Sold Price
$274,450
Premium/Discount to List
-$10,450
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$269,478
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2005
Sold by
Realen Homes Lp
Bought by
Andrelezyk Miroslaw J and Andrelczyk Wioletta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,216
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Yen Ian Chang $500,000 Fidelity National Title
Depperschmidt Keith E $274,500 Alliance Title Corporation
Andrelezyk Miroslaw J $340,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yen Ian Chang $400,000
Previous Owner Depperschmidt Keith E $269,478
Previous Owner Andrelezyk Miroslaw J $221,216
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2024 07/09/24 Sold $500,000 +1.0% $125 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $495,000 0.0% $124 / Sq Ft
04/15/2024 04/15/24 For Sale $495,000 +80.4% $124 / Sq Ft
02/28/2014 02/28/14 Sold $274,450 -3.7% $83 / Sq Ft View Prior Sale
01/15/2014 01/15/14 Pending -- -- --
09/12/2013 09/12/13 For Sale $284,900 -- $86 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $12,054 $149,006 $20,889 $128,117
2023 $10,619 $131,654 $18,456 $113,198
2022 $10,619 $111,114 $16,988 $94,126
2021 $10,157 $103,218 $15,781 $87,437
2020 $11,084 $108,845 $16,641 $92,204
2019 $11,360 $104,608 $15,993 $88,615
2018 $10,953 $104,069 $20,751 $83,318
2017 $10,526 $101,294 $20,198 $81,096
2016 $11,497 $97,192 $19,380 $77,812
2015 $11,119 $90,774 $18,100 $72,674
2014 $9,097 $80,430 $16,202 $64,228
2012 $10,216 $80,818 $16,280 $64,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12029642

Midwest Real Estate Data (MRED)

APN: 06-08-312-005