NOT LISTED FOR SALE

14 Lexington Rd South Barrington, IL 60010

Estimated Value: $353,000

1.33 Acres
$265,414 Price per Acre
57,935 Sq Ft Lot

Last Sold May 26, 2021

Last sale price $252,000

Est. 40% increase in value since last sale

Current estimated payment $2,152/month

1,175 Days on Market

About This Lot

As of May 2021

Build your dream home on this 1.33 acre interior lot in the desirable South Barrington Lakes subdivision. Lot is surrounded by beautiful homes. Nice quiet interior location. Water rights. Conveniently located being just minutes from I-90, restaurants and the Arboretum of South Barrington shopping complex. Passing soil test available

Last Agent to Sell the Property

Denise D'Amico

RE/MAX Liberty License #475131255 Listed on: 01/24/2018

RE/MAX Liberty

Last Buyer's Agent

Laurie Stammet-Jobe

Kettley & Co. Inc. - Sugar Grove License #475147871

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,206

Lot Details

  • 1.33 Acre Lot
  • Lot Dimensions are 150x280x246x290
  • Property is zoned SINGL

Schools

  • Barbara B Rose Elementary School
  • Barrington Middle School - Stati
  • Barrington High School

Utilities

  • Gas Available at Street
  • Well Required
  • Private or Community Septic Tank
  • Septic Needed

Community Details

Overview

  • South Barrington Lakes Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$2,206

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple w/ HO Assn.
  • Road Surface Type: Asphalt
  • Subdivision Name: South Barrington Lakes
  • General Information: School Bus Service
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 150
  • Frontage Type: City Street
  • List Price: 275000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Septic-Private, Septic System Required, Well-Required

Schools

  • Elementary School: Barbara B Rose Elementary School
  • High School: Barrington High School
  • Middle/Junior School: Barrington Middle School - Stati
  • Middle/Junior School District: 220

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.33
  • Lot Dimensions: 150X280X246X290
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Land Amenities: Park/Playground,Pond/Lake,Water Rights

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2205.92
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
May 21, 2021
Sold by
Krause Justin M and Justin M Krause Revocable Trus
Bought by
Gullapalli Srinivas and Koneru Sravantika
Seller's Agent
Denise D'Amico
RE/MAX Liberty
Buyer's Agent
Laurie Stammet-Jobe
Kettley & Co. Inc. - Sugar Grove
List Price
$275,000
Sold Price
$252,000
Premium/Discount to List
-$23,000
-8.36%
Current Estimated Value
$353,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,000
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Aug 6, 2020
Sold by
Krause Justin M
Bought by
Krause Justin M and Justin M Krause Revocable Trus

Purchase Details

Listed on
Sep 11, 2015
Closed on
Nov 17, 2015
Sold by
Meinsen Raymond J and Meinsen Joan C
Bought by
Krause Justin
Seller's Agent
Denise D'Amico
RE/MAX Liberty
Buyer's Agent
Denise D'Amico
RE/MAX Liberty
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$187,600
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2014
Sold by
Meinsen Joan C and Meinsen Raymond J
Bought by
Meinsen Raymond J and Meinsen Joan C

Purchase Details

Closed on
Apr 25, 1997
Sold by
Meinsen Raymond J and Meinsen Joan C
Bought by
Meinsen Joan C and Joan C Meinsen Declaration Of Trust
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
Gullapalli Srinivas $252,000 Attorney
Krause Justin M -- Attorney
Krause Justin $250,000 Chicago Title
Meinsen Raymond J -- None Available
Meinsen Joan C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gullapalli Srinivas $960,000
Previous Owner Krause Justin $187,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $252,000 -8.4% --
04/13/2021 04/13/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $275,000 0.0% --
04/03/2021 04/03/21 Pending -- -- --
09/04/2020 09/04/20 Price Changed $275,000 -8.0% --
05/29/2019 05/29/19 Price Changed $299,000 -10.7% --
01/24/2018 01/24/18 For Sale $335,000 +34.0% --
11/23/2015 11/23/15 Sold $250,000 -16.4% --
11/21/2015 11/21/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $299,000 -- --
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 $2,624 $11,578 $11,578 --
2023 $2,551 $11,578 $11,578 --
2022 $2,551 $11,578 $11,578 $0
2021 $2,880 $11,578 $11,578 $0
2020 $2,789 $11,578 $11,578 $0
2019 $2,450 $11,578 $11,578 $0
2018 $2,206 $10,130 $10,130 $0
2017 $2,147 $10,130 $10,130 $0
2016 $2,024 $10,130 $10,130 $0
2015 $1,876 $8,683 $8,683 $0
2014 $1,865 $8,683 $8,683 $0
2013 $1,781 $8,683 $8,683 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09840007

Midwest Real Estate Data (MRED)

APN: 01-27-406-006-0000