NOT LISTED FOR SALE

1431 Derby Ln Unit 702 Mundelein, IL 60060

Estimated Value: $365,019 - $387,000

2 Beds
3 Baths
1,566 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $262,500 $168 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,662/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Loft
  • Fenced Yard
  • Hawthorn Elementary School South Rated A
  • End Unit
  • Attached Garage

About This Home

As of May 2021

Rare half DUPLEX opportunity in highly desirable Lakewood Village! No association fees! Dramatic two story ceilings in living and dining areas. Open loft area overlooking first floor is currently used as an office but could be easily converted to a 3rd bedroom. Most recent improvements in 2021: High quality vinyl plank floors on the main floor, cabinetry in downstairs half bath and Honeywell humidifier. Newer Samsung refrigerator and LG smart washer. Roof and siding have been replaced November 2013. BONUS: This home comes with a CHOICE WARRANTY Ultimate Plan (best available) so you move in and enjoy your first year worry free! Highly rated Hawthorn district 73 schools (K-8). Amazing location close to parks, shopping, dining and 4 minutes easy access to Metra station. Investor friendly - no rental restrictions. Hurry this duplex will not last long!

Last Agent to Sell the Property

Donata Ostapyshyn

RE/MAX Suburban License #475164874 Listed on: 03/25/2021

RE/MAX Suburban

Last Buyer's Agent

Dean Tubekis

Coldwell Banker Realty License #475137834

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,931

Year Built

  • 1994

Lot Details

  • End Unit
  • East or West Exposure
  • Fenced Yard

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Loft
  • Laminate Flooring
  • Laundry on upper level

Home Security

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,931

Year Built

1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Square Footage Comments: 1566 sq ft Matterport floor plans
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1566
  • Estimated Year Built: 1994
  • Tax Exemptions: Homeowner
  • Type Attached: 1/2 Duplex
  • Total Sq Ft: 1566
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 2nd Floor Laundry
  • Number Of Rooms: 6
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Curtains/Drapes
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 9X6, On Level: 2nd Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 1 Name: Loft, Dimensions: 18X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1566
  • Estimated Total Finished Sq Ft: 1566
  • Main Level Sq Ft: 740
  • Upper Level Sq Ft: 826

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens, End Unit
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Fencing
  • Assessed Sq Ft: 1390

Schools

  • School District: 120
  • High School: Mundelein Cons High School
  • Junior High Dist: 73

Lot Info

  • Lot Dimensions: 33.45 X 112
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 15051080250000

Multi Family

  • Total Number Unitsin Building: 2
  • Number Stories: 2

Tax Info

  • Taxes: 7017.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 28, 2021
Sold by
Moon Sooyoun and Kim David Dae
Bought by
Turnbull Robert A and Turnbull Elsa
Seller's Agent
Donata Ostapyshyn
RE/MAX Suburban
Buyer's Agent
Dean Tubekis
Coldwell Banker Realty
List Price
$250,000
Sold Price
$262,500
Premium/Discount to List
$12,500
5%
Current Estimated Value
$377,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,005
Avg. Annual Appreciation
8.51%
Original Mortgage
$249,375
Outstanding Balance
$226,932
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$150,573

Purchase Details

Closed on
Oct 25, 2005
Sold by
Cendant Mobility Financial Corp
Bought by
Moon Sooyoun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,600
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2005
Sold by
Funk James C and Funk Kristine M
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,600
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2004
Sold by
Kogut Kevin J and Kogut Kevin
Bought by
Funk James C and Funk Kristine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2003
Sold by
Kwon Bryan and Kwon Mi Kyung
Bought by
Kogut Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2001
Sold by
Lafollette Crosiar G
Bought by
Kwon Bryan and Kwon Mi Kyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 1995
Sold by
Lakewood Village Ltd Partnership
Bought by
Lafollette Crosiar G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Turnbull Robert A $262,500 Chicago Title
Moon Sooyoun $254,000 Burnet Title Llc
Cendant Mobility Financial Corp $254,000 Burnet Title Llc
Funk James C $245,000 First American Title Ins Co
Kogut Kevin $215,000 --
Kwon Bryan $186,500 Chicago Title Insurance Co
Lafollette Crosiar G $144,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turnbull Robert A $249,375
Previous Owner Moon Sooyoun $228,600
Previous Owner Funk James C $196,000
Previous Owner Kogut Kevin $190,000
Previous Owner Kwon Bryan $145,000
Previous Owner Lafollette Crosiar G $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $262,500 +5.0% $168 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $250,000 -- $160 / 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 $7,931 $93,672 $35,440 $58,232
2023 $7,931 $88,386 $33,440 $54,946
2022 $7,001 $76,559 $28,965 $47,594
2021 $6,828 $75,734 $28,653 $47,081
2020 $6,856 $75,993 $28,751 $47,242
2019 $7,018 $78,060 $28,645 $49,415
2018 $6,727 $74,942 $27,809 $47,133
2017 $6,663 $73,193 $27,160 $46,033
2016 $6,462 $70,088 $26,008 $44,080
2015 $6,262 $65,545 $24,322 $41,223
2014 $5,736 $61,311 $26,121 $35,190
2012 $5,636 $61,434 $26,173 $35,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11032217

Midwest Real Estate Data (MRED)

APN: 15-05-108-025