NOT LISTED FOR SALE

1420 Lilac Ln Machesney Park, IL 61115

Estimated Value: $195,000 - $230,000

3 Beds
2 Baths
1,627 Sq Ft
$132/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $124,900 $77 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,497/month

1 Day on Market

Highlights

  • Recreation Room
  • Home Office
  • Attached Garage
  • Screened Porch
  • Fenced Yard
  • Patio

About This Home

As of October 2018

This ranch home has been lovingly maintained. Main floor family room flows to large screened porch and patio. U-shaped kitchen w/ walk-in pantry & breakfast bar. Lower level has kitchenette w/ tons of counter space an office, rec room, workshop & large laundry area. Complete tear off of roof in 2008. Appliances all stay but seller has not used dishwasher in years. Home to be sold "As is".

Last Agent to Sell the Property

Tara Osborne

Berkshire Hathaway HomeServices Crosby Starck Real Estate License #475130721 Listed on: 08/21/2018

Berkshire Hathaway HomeServices Crosby Starck Real Estate

Last Buyer's Agent

Amber Andreen

Century 21 Affiliated License #475165220

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,344

Year Built

  • 1965

Lot Details

  • 0.42

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Home Office
  • Recreation Room
  • Screened Porch
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Oven or Range
  • Microwave

Additional Features

  • Patio
  • Fenced Yard
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,344

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 1 Story
  • Estimated Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 19X14, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X11, On Level: Main Level
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level
  • Additional Rooms: Office, Recreation Room, Screened Porch
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level
  • Additional Room 1 Name: Office, Dimensions: 13X8, On Level: Basement
  • Additional Room 2 Name: Recreation Rm, Dimensions: 19X13, On Level: Basement
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level
  • Additional Room 3 Name: Screened Porch, Dimensions: 20X13, On Level: Main Level
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level
  • Additional Room 4 Name: Bar, Dimensions: 17X13, On Level: Basement
  • Estimated Sq Ft: 1627
  • Family Room: Dimensions: 14X11, On Level: Main Level

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.42

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Schools

  • School District: 122
  • Junior High Dist: 122

Lot Info

  • Lot Dimensions: 120X165X103.75X165
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0829353015

Tax Info

  • Taxes: 3768.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 15, 2018
Sold by
Posas Benedicto B and Posas Aurora A
Bought by
Cook Michael W and Cook Naomi C
Seller's Agent
Tara Osborne
Berkshire Hathaway HomeServices Crosby Starck Real Estate
Buyer's Agent
Amber Andreen
Century 21 Affiliated
List Price
$119,900
Sold Price
$124,900
Premium/Discount to List
$5,000
4.17%
Current Estimated Value
$214,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,758
Avg. Annual Appreciation
8.02%
Original Mortgage
$122,637
Outstanding Balance
$106,947
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$107,711

Purchase Details

Closed on
Nov 29, 1991
Bought by
Posas Benedicto B and Posas Aurora A
Source: Public Records

Range of Values:

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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
Cook Michael W $124,900 Alliance Title Co
Cook Michael W $125,000 None Listed On Document
Posas Benedicto B $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Michael W $122,637
Closed Cook Michael W $122,637
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $124,900 +4.2% $77 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $119,900 -- $74 / 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 $4,344 $60,568 $6,679 $53,889
2023 $4,124 $53,791 $5,932 $47,859
2022 $4,048 $49,061 $5,410 $43,651
2021 $3,739 $45,630 $5,032 $40,598
2020 $3,426 $43,465 $4,793 $38,672
2019 $3,517 $41,633 $4,591 $37,042
2018 $3,684 $46,179 $4,440 $41,739
2017 $3,768 $44,912 $4,318 $40,594
2016 $3,695 $44,018 $4,232 $39,786
2015 $3,653 $43,248 $4,158 $39,090
2014 $3,612 $43,248 $4,158 $39,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10058191

Midwest Real Estate Data (MRED)

APN: 08-29-353-015