NOT LISTED FOR SALE

1348 Regency Ln Lake Villa, IL 60046

Estimated Value: $342,000 - $367,000

4 Beds
3 Baths
1,728 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $247,000 $143 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,709/month

59 Days on Market

Highlights

  • Colonial Architecture
  • Mature Trees
  • Breakfast Bar
  • Grayslake North High School Rated A
  • Attached Garage
  • 5-minute walk to Heatherwood Park

About This Home

As of December 2020

Located on a quiet interior street with timeless architectural appeal and highly regarded Grayslake schools. This freshly painted four bedroom home features brand spankin' new SS kitchen appliances, mature landscaping, a large family room with a woodburning fireplace, an entertainment sized patio and a storage building. All appliances are included, just unpack and enjoy! GOOD NEWS! There was something "funky" going on the with assessed values in this area, the most recent assessed value represented a 25.9% reduction from last year which likely will result in a significant reduction in the taxes...

Last Agent to Sell the Property

Michael Rein

Baird & Warner License #471006350 Listed on: 10/02/2020

Baird & Warner

Last Buyer's Agent

Samaria Palmer

Freedom Realty License #475146513

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,904

Year Built

  • 1990

Lot Details

  • 6,970

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Mature Trees

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,904

Year Built

1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1990
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 1X1, On Level: Basement
  • Dining Room: Dimensions: 10X8, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 9X20, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X14, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 11X9, On Level: 2nd Level
  • Estimated Sq Ft: 1728
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 13X20, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.164

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 2988

Schools

  • School District: 127
  • Elementary School: Avon Center Elementary School
  • Middle School: Grayslake Middle School
  • High School: Grayslake North High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 47X137X84X107
  • Lot Description: Mature Trees
  • Parcel Identification Number: 06153020160000

Tax Info

  • Taxes: 10446.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Feb 9, 2021
Sold by
Johnson Llotd E and Johnson Tanya
Bought by
Johnson Liloyd E and Johnson Tayna
Seller's Agent
Michael Rein
Baird & Warner
Buyer's Agent
Samaria Palmer
Freedom Realty
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%
Total Days on Market
59
Current Estimated Value
$350,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,427
Avg. Annual Appreciation
7.48%

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 23, 2020
Sold by
Holecsek Steven and Holecsek Melissa M
Bought by
Johnson Lloyd E
Seller's Agent
Michael Rein
Baird & Warner
Buyer's Agent
Samaria Palmer
Freedom Realty
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
3.12%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Johnson Liloyd E -- Attorney
Johnson Lloyd E $247,000 Baird & Warner Ttl Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Lloyd E $247,000
Previous Owner Holecsek Steve $22,239
Previous Owner Holecsek Steve $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $247,000 -0.4% $143 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/26/2020 10/26/20 Price Changed $247,900 -0.8% $143 / Sq Ft
09/02/2020 09/02/20 For Sale $249,900 -- $145 / 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 $8,904 $92,959 $14,695 $78,264
2023 -- $89,805 $14,197 $75,608
2022 $0 $81,224 $12,072 $69,152
2021 $76 $68,415 $11,603 $56,812
2020 $7,939 $65,095 $11,040 $54,055
2019 $10,446 $83,212 $10,593 $72,619
2018 $8,368 $67,312 $13,553 $53,759
2017 $8,815 $67,310 $12,749 $54,561
2016 $8,432 $62,135 $11,769 $50,366
2015 $8,194 $56,765 $10,752 $46,013
2014 $7,165 $50,425 $9,636 $40,789
2012 $7,080 $52,663 $10,064 $42,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10889687

Midwest Real Estate Data (MRED)

APN: 06-15-302-016