NOT LISTED FOR SALE

131 Park Ave Grayslake, IL 60030

Estimated Value: $489,000 - $806,000

4 Beds
3 Baths
2,710 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $450,000 $166 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,342/month

12 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Mature Trees
  • Grayslake Central High School Rated A
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of May 2021

Stunning century home, in the heritage district of downtown Grayslake! This 120 year old masterpiece has stood the test of time, with all the character and charm of yesteryears mixed seamlessly with modern amenities. With over 2,700 sqft, a 4 car tandem garage, half an acre, a wrap around porch and a pool, you get everything you could want in a house, right in the middle of town! The first floor has an easy flowing layout including both a family room and a great room, first floor laundry, mudroom, and an office! The second floor has brand new carpet in the 4 bedrooms with oversized windows. The grand primary suite has vaulted ceilings, on-suite bathroom with separate shower and soaker tub, and a walk-in closet with built-ins. The massive backyard leaves room for all the fun you can imagine, with a paver patio, pool with safety fence, play set, and more! The 27x40 foot garage is heated, has plumbing to add a bathroom, and a lofted space above. Perfect for your home business, hobby, or to turn into a guest house! This one has it all! New roof! New siding! Fresh paint throughout, new flooring, clean and move-in ready!

Last Agent to Sell the Property

Megan Likus

Real People Realty License #475174895 Listed on: 03/31/2021

Real People Realty

Last Buyer's Agent

Stacey Bleyer

Real People Realty License #475183894

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,981

Year Built | Renovated

  • 1900 | 2020

Lot Details

  • Partially Fenced Property
  • Landscaped Professionally
  • Mature Trees

Parking

  • Detached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Open Floorplan
  • Historic or Period Millwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Electric Fireplace
  • Window Treatments
  • Mud Room
  • Great Room
  • Dining Area
  • Home Office

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Primary Bathroom Bathtub Only
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Separate Outdoor Workshop
  • Brick Porch or Patio

Location

  • Property is near a bus stop

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,981

Year Built | Renovated

1900 | 2020

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 3
  • Style Of House: Victorian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath, Walk-In Closet(s), Historic/Period Mlwk, Open Floorplan, Some Carpeting, Special Millwork, Some Window Treatmnt
  • Number Of Rooms: 11
  • Living Room: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen, Electric, Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Great Room
  • Basement: Partial
  • Basement: Unfinished, Crawl
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: A,TUBS
  • Bathroom Amenities: Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 4X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area, Office, Mud Room, Great Room
  • Master Bedroom: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 11X5, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Office, Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X9, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Mud, Dimensions: 8X5, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 10X9, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Great Rm, Dimensions: 24X16, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2710
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete, Stone
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch, Brick Paver Patio, Pool In-Ground, Workshop
  • Acreage: 0.5

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated, Tandem, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Zoned

Schools

  • Junior High Dist: 46
  • Elementary School #2: Frederick School

Lot Info

  • Lot Dimensions: 66X297X66X297
  • Lot Description: Landscaped Professionally, Mature Trees, Partial Fencing
  • Parcel Identification Number: 06351000050000

Green Features

  • Green Features: Tankless hot water heater

Tax Info

  • Taxes: 11274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 24, 2021
Sold by
Deleo Michael H and Deleo Carson A
Bought by
Wood Justin and Wood Lauren
Seller's Agent
Megan Likus
Real People Realty
Buyer's Agent
Stacey Bleyer
Real People Realty
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$604,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,134
Avg. Annual Appreciation
6.83%
Original Mortgage
$337,500
Outstanding Balance
$305,333
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$298,801

Purchase Details

Listed on
May 23, 2018
Closed on
Mar 13, 2019
Sold by
Rockenbach Douglas
Bought by
Deleo Michael H and Rowland Carson A
Seller's Agent
Nano Engdahl
Baird & Warner
Buyer's Agent
Megan Likus
Real People Realty
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.22%
Original Mortgage
$219,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 2008
Sold by
Rockenbach Douglas
Bought by
Rockenbach Douglas and Rockenbach Bonnie L

Purchase Details

Closed on
Jun 3, 2008
Sold by
American Home Mortgage Services Inc
Bought by
Rockenbach Douglas

Purchase Details

Closed on
Mar 27, 2008
Sold by
American Home Mortgage Servicing Inc
Bought by
Ahmsi Default Services Inc

Purchase Details

Closed on
Nov 9, 2007
Sold by
Desko Michael
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Oct 27, 2004
Sold by
Margolin William J and Margolin Cathleen S
Bought by
Desko Michael and Desko Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2002
Sold by
Margolin William J and Margolin Cathleen S
Bought by
Margolin William J and Margolin Cathleen S

Purchase Details

Closed on
Sep 29, 1993
Sold by
Frank Louis F and Frank Carol A
Bought by
Margolin William J and Margolin Cathleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,400
Interest Rate
7.15%
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
Wood Justin $450,000 Gmt Title Agency
Deleo Michael H $275,000 Baird & Warner Ttl Svcs Inc
Rockenbach Douglas -- None Available
Rockenbach Douglas $268,500 Attorneys Title Guaranty Fun
Ahmsi Default Services Inc -- None Available
American Home Mortgage Servicing Inc -- None Available
Desko Michael $622,500 Chicago Title Insurance Comp
Margolin William J -- --
Margolin William J $130,333 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Justin $337,500
Previous Owner Deleo Michael H $219,000
Previous Owner Desko Michael $498,000
Previous Owner Margolin William J $156,400
Closed Desko Michael $62,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2021 05/26/21 Sold $450,000 0.0% $166 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $450,000 +63.6% $166 / Sq Ft
03/20/2019 03/20/19 Sold $275,000 -8.0% $101 / Sq Ft View Prior Sale
01/29/2019 01/29/19 Pending -- -- --
01/17/2019 01/17/19 Price Changed $299,000 -5.1% $110 / Sq Ft
01/09/2019 01/09/19 For Sale $315,000 0.0% $116 / Sq Ft
12/30/2018 12/30/18 Pending -- -- --
11/30/2018 11/30/18 Price Changed $315,000 -3.1% $116 / Sq Ft
11/28/2018 11/28/18 For Sale $325,000 0.0% $120 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $325,000 -9.7% $120 / Sq Ft
05/23/2018 05/23/18 For Sale $359,900 -- $133 / 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 $13,981 $145,167 $35,693 $109,474
2023 $7,848 $126,885 $31,198 $95,687
2022 $7,848 $71,435 $21,955 $49,480
2021 $11,170 $96,333 $21,102 $75,231
2020 $11,170 $91,658 $20,078 $71,580
2019 $11,274 $91,658 $19,263 $72,395
2018 $15,688 $108,322 $24,877 $83,445
2017 $17,141 $123,440 $23,400 $100,040
2016 $16,560 $113,948 $21,601 $92,347
2015 $16,273 $104,100 $19,734 $84,366
2014 $12,013 $82,569 $18,449 $64,120
2012 $11,801 $86,234 $19,268 $66,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11038452

Midwest Real Estate Data (MRED)

APN: 06-35-100-005