NOT LISTED FOR SALE

1251 N Regency Dr Unit 16 Vernon Hills, IL 60061

Estimated Value: $305,000 - $398,000

3 Beds
2 Baths
1,450 Sq Ft
44 Sq Ft Lot

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Formal Dining Room
  • Hawthorn Townline Elementary School Rated A
  • Lock-and-Leave Community
  • Stainless Steel Appliances

About This Home

As of May 2022

Second floor 3 bedroom 2 bath condo with a flowing layout located in quiet Lake Park Manor subdivision. Neutral paint, & natural sunlight. Gourmet updated kitchen with SS appliances, stunning slate flooring, eating area that gains access to sunny balcony! Open large living room for entertaining guests. Separate dining for those intimate dinners. Master suite comes complete with updated private bath, dual sinks, spacious WIC, & glass enclosed shower stall. Attached garage has plenty of storage space. Enjoy the local amenities of outdoor pool, tennis courts, playground, & the peaceful Big Bear Lake! Biking, riding, fishing, boating, & even a sledding hill! Conveniently close to Metra train station, schools, tons of shopping, & local dining. No pets & no smoking.

Last Agent to Rent the Property

Sharon Peng

RE/MAX Top Performers License #475148365 Listed on: 03/28/2022

Last Renter's Agent

Kim Alden

Compass License #475122036

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,977

Year Built

  • Built in 1982

Lot Details

  • Landscaped Professionally

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Hawthorn Elementary School (Nor
  • Hawthorn Middle School North
  • Vernon Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 6/1/22

Community Details

Overview

  • 4 Units
  • Association Phone (847) 259-1331
  • Lake Park Manor Subdivision
  • Property managed by McGill Managment
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,977

Year Built

Built in 1982

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2022-06-01
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2150
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: Lake Park Manor
  • Year Built: 1982
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Laundry Hook-Up in Unit, Storage
  • LivingArea: 1450
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool, Storms/Screens
  • List Price: 2150
  • Lot Features: Common Grounds, Landscaped
  • OtherStructures: Tennis Court(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Storage, Park, Pool, Security Door Lock(s), Tennis Court(s)
  • Rent Includes: None
  • Management: Manager Off-site
  • Management Company: McGill Managment
  • Management Phone: 847-259-1331

Schools

  • Elementary School: Hawthorn Elementary School (Nor
  • High School: Vernon Hills High School
  • Middle/Junior School: Hawthorn Middle School North
  • Middle/Junior School District: 73

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Aug 8, 2017
Sold by
Truding Matthew and Truding Sarah
Bought by
Raman Harish and Valluru Aparna
Seller's Agent
Sharon Peng
RE/MAX Top Performers
Buyer's Agent
Sharon Peng
RE/MAX Top Performers
Sold Price
$1,700
Current Estimated Value
$333,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,505
Original Mortgage
$148,500
Outstanding Balance
$79,174
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$254,031

Purchase Details

Closed on
Feb 21, 2006
Sold by
Brown Kenric and Brown Kenric B
Bought by
Truding Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2001
Sold by
Ornstein Steven R and Ornstein Elizabeth L
Bought by
Brown Kenric B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,550
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 20, 1995
Sold by
Ferro David R and Ferro Joyce A
Bought by
Ornstein Steven R and Ornstein Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
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
Raman Harish $198,000 Stewart Title
Truding Matthew $196,000 Burnet Title Llc
Brown Kenric B $120,000 Burnet Title Llc
Ornstein Steven R $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raman Harish $148,500
Previous Owner Truding Matthew $156,800
Previous Owner Brown Kenric B $19,550
Previous Owner Ornstein Steven R $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Rented $2,150 0.0% --
04/03/2022 04/03/22 Under Contract -- -- --
03/28/2022 03/28/22 For Rent $2,150 +19.8% --
05/07/2018 05/07/18 Rented $1,795 0.0% --
03/25/2018 03/25/18 Under Contract -- -- --
03/12/2018 03/12/18 For Rent $1,795 +5.6% --
09/10/2017 09/10/17 Rented $1,700 -9.3% --
09/01/2017 09/01/17 Under Contract -- -- --
08/25/2017 08/25/17 For Rent $1,875 -- --
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 $6,977 $80,962 $25,980 $54,982
2023 $6,977 $74,674 $23,962 $50,712
2022 $5,609 $60,089 $23,033 $37,056
2021 $5,373 $58,795 $22,537 $36,258
2020 $5,183 $57,806 $22,158 $35,648
2019 $5,051 $57,256 $21,947 $35,309
2018 $4,554 $52,460 $21,857 $30,603
2017 $4,488 $50,804 $21,167 $29,637
2016 $4,317 $48,169 $20,069 $28,100
2015 $4,268 $45,022 $18,758 $26,264
2014 $3,880 $40,526 $18,506 $22,020
2012 $4,799 $42,297 $18,667 $23,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11358400

Midwest Real Estate Data (MRED)

APN: 11-33-101-032