NOT LISTED FOR SALE

1432 Lance Ave Elburn, IL 60119

Estimated Value: $597,540 - $652,000

0.22 Acre
$2,861,977 Price per Acre
9,583 Sq Ft Lot

Last Sold July 01, 2019

Last sale price $53,000

Est. 1,088% increase in value since last sale

Current estimated payment $4,418/month

7 Days on Market

About This Lot

As of July 2019

Super lot backing up to bike trail. Close to Metra train station and school. Minutes to town.

Last Agent to Sell the Property

Marvin Vestuto

Vestuto Real Estate Corp License #471010727 Listed on: 03/31/2019

Last Buyer's Agent

Marvin Vestuto

Vestuto Real Estate Corp License #471010727 Listed on: 03/31/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,478

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$13,478

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.22
  • Frontage Access: City Street
  • Front Footage: 85

Schools

  • School District: 302
  • Junior High Dist: 302

Lot Info

  • Lot Dimensions: 85X117
  • Parcel Identification Number: 1109330007

Tax Info

  • Taxes: 1432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2025
Sold by
Schroeder Stephen C and Schroeder Roseanne
Bought by
Stephen And Roseanne Schroeder Living Trust and Schroeder
Current Estimated Value
$629,635

Purchase Details

Closed on
Mar 17, 2022
Sold by
Cmn Enterprises Inc
Bought by
Schroeder Stephen C and Schroeder Roseanne

Purchase Details

Closed on
Apr 15, 2021
Sold by
The John Stammen Revocable Trust
Bought by
C M N Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 31, 2019
Closed on
Jul 1, 2019
Sold by
Hirner Jeffrey and Hirner Jennifer
Bought by
Stammen John J and The John J Stammen Revocable T
Seller's Agent
Marvin Vestuto
Vestuto Real Estate Corp
Buyer's Agent
Marvin Vestuto
Vestuto Real Estate Corp
List Price
$59,000
Sold Price
$53,000
Premium/Discount to List
-$6,000
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.84%

Purchase Details

Closed on
Sep 18, 2012
Sold by
Bcb Development I Llc
Bought by
Hirner Jeffrey and Hirner Jennifer

Purchase Details

Closed on
Jul 13, 2007
Sold by
J Carl Homes Inc
Bought by
Blackberry Creek Capital Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.42%
Mortgage Type
Construction
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
Stephen And Roseanne Schroeder Living Trust -- None Listed On Document
Schroeder Stephen C $89,000 Thomas W Gosselin Pc
C M N Enterprises Inc -- Attorney
Stammen John J $53,000 Chicago Title Insurance Co
Hirner Jeffrey $20,000 Chicago Title Insurance Comp
Blackberry Creek Capital Corp $450,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner C M N Enterprises Inc $450,000
Previous Owner Blackberry Creek Capital Corp $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $53,000 -10.2% --
04/07/2019 04/07/19 Pending -- -- --
03/31/2019 03/31/19 For Sale $59,000 -- --
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 $13,478 $173,021 $18,723 $154,298
2023 $1,559 $16,898 $16,898 --
2022 $1,475 $15,508 $15,508 $0
2021 $1,425 $14,843 $14,843 $0
2020 $1,401 $14,495 $14,495 $0
2019 $1,403 $14,282 $14,282 $0
2018 $1,431 $14,282 $14,282 $0
2017 $1,432 $14,120 $14,120 $0
2016 $1,434 $13,747 $13,747 $0
2015 -- $9,285 $9,285 $0
2014 -- $15,216 $15,216 $0
2013 -- $15,216 $15,216 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10326355

Midwest Real Estate Data (MRED)

APN: 11-09-330-007