NOT LISTED FOR SALE

1514 Lakeridge Ct Mundelein, IL 60060

Estimated Value: $355,000 - $384,482

3 Beds
4 Baths
1,650 Sq Ft
$228/Sq Ft Est. Value

Highlights

  • Waterfront
  • Pond
  • Wood Flooring
  • Mundelein Cons High School Rated A
  • Vaulted Ceiling
  • 5-minute walk to Hickory Park

About This Home

As of April 2023

Luxury 3 story townhome with 3 bedrooms, 2.2 baths, beautiful finishes, and fantastic amenities! ~ Living room with gas fireplace and sliding glass door to deck and pond ~ Gourmet kitchen with upgraded 42" cabinetry, granite countertops, stainless steel appliances, and sliding glass door to private balcony ~ Formal dining room ~ Spacious master suite with ceiling fan, walk-in closet, and gorgeous private bath ~ Finished look-out basement with half bath, pond view, and storage closet ~ High ceilings ~ Hand-scraped hardwood floors ~ Wrought iron railings ~ Neutral decor ~ Attached 2 car garage ~ Easy access to tollway, shopping, Metra, golf, parks, and Diamond Lake ~ Absolutely spotless, stunning, and move-in ready! ~ Pets allowed! ~ Advertised rent is for 2 year lease with automatic 10% rent increase in 2nd year - add $100/month for 1 year lease

Last Agent to Rent the Property

Daria Smith

Berkshire Hathaway HomeServices Starck Real Estate License #475131161 Listed on: 01/25/2023

Berkshire Hathaway HomeServices Starck Real Estate

Last Renter's Agent

Daria Smith

Berkshire Hathaway HomeServices Starck Real Estate License #475131161 Listed on: 01/25/2023

Berkshire Hathaway HomeServices Starck Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,496

Year Built

  • Built in 2008

Lot Details

  • 1,394

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,650 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Pond
  • Waterfront

Listing and Financial Details

  • Property Available on 1/25/23
  • Rent includes lawn care, snow removal

Community Details

Overview

  • Lake Ridge Townhomes Subdivision

Pet Policy

  • Pet Deposit Required
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,496

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-01-25
  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 3250
  • Max Pet Weight: 0

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: T3-Townhouse 3+ Stories
  • Property Sub-Type: Attached
  • Subdivision Name: Lake Ridge Townhomes
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial, English
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 825
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry
  • LivingArea: 1650
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 2475
  • Assessed Sq Ft: 2475
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1650
  • Fireplace Location: Living Room
  • Total Sq Ft: 1650
  • Upper Level Sq Ft: 825
  • Main Level Sq Ft: 825
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 3250
  • Lot Features: Pond(s)
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Deposit Required, Dogs OK
  • Rent Includes: Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 76

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Elston Townhomes Llc
Bought by
Leven Benjamin Joel and Huberty Lisa
Current Estimated Value
$375,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,200
Outstanding Balance
$346,808
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$26,408

Purchase Details

Closed on
Apr 11, 2024
Sold by
Rainy Properties I Llc
Bought by
Elston Townhomes Llc

Purchase Details

Closed on
Dec 22, 2017
Sold by
Rainy Investments Llc 4104
Bought by
Rainy Properties I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2014
Sold by
Sji Partners Llc
Bought by
Rainy Investments Llc 4104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,728,225
Interest Rate
4.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 28, 2013
Sold by
Lake Ridge Townhomes Inc
Bought by
Sji Partners Llc
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
Leven Benjamin Joel $360,000 None Listed On Document
Elston Townhomes Llc $1,849,500 First American Title
Rainy Properties I Llc -- First American Title
Rainy Investments Llc 4104 $850,000 Near North National Title
Sji Partners Llc $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leven Benjamin Joel $349,200
Previous Owner Rainy Properties I Llc $13,500,000
Previous Owner Rainy Investments Llc 4104 $1,728,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Rented $3,250 0.0% --
03/24/2023 03/24/23 Under Contract -- -- --
01/25/2023 01/25/23 For Rent $3,250 +41.3% --
06/06/2018 06/06/18 Rented $2,300 -4.2% --
06/04/2018 06/04/18 Under Contract -- -- --
06/02/2018 06/02/18 Price Changed $2,400 +4.3% $1 / Sq Ft
05/14/2018 05/14/18 Price Changed $2,300 -9.8% $1 / Sq Ft
04/22/2018 04/22/18 For Rent $2,550 +4.1% --
05/12/2016 05/12/16 Rented $2,450 0.0% --
04/27/2016 04/27/16 Under Contract -- -- --
01/07/2016 01/07/16 For Rent $2,450 -- --
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 $9,496 $97,119 $14,478 $82,641
2023 $9,171 $89,577 $13,354 $76,223
2022 $9,171 $85,904 $12,833 $73,071
2021 $8,852 $84,055 $12,557 $71,498
2020 $8,734 $82,642 $12,346 $70,296
2019 $8,606 $81,857 $12,229 $69,628
2018 $8,225 $78,505 $12,203 $66,302
2017 $8,120 $76,027 $11,818 $64,209
2016 $7,865 $72,084 $11,205 $60,879
2015 $5,659 $49,746 $10,473 $39,273
2014 $2,287 $20,411 $10,028 $10,383
2012 $2,164 $21,141 $10,116 $11,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11707315

Midwest Real Estate Data (MRED)

APN: 11-31-325-035