NOT LISTED FOR SALE

1518 Ridgeway St Round Lake Beach, IL 60073

Estimated Value: $195,000 - $245,000

3 Beds
1.5 Baths
975 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $152,200 $156 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,688/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Grayslake North High School Rated A
  • 2 Car Detached Garage
  • 2-minute walk to East End Park

About This Home

As of October 2022

** Multiple offers - H & B by 7:30 pm on Thurs., 9/22 please ** Excellent opportunity for some sweat equity in this ranch style home with basement, extra spacious garage and located in the Grayslake School District! Owner started this rehab but has moved on to other projects, leaving it for someone else to finish and make some $$ - whether to live in or fix and flip - ? Some major work already completed such as new roof just last Fall (2021), was a complete tear-off, living room walls and ceiling demo'd, new insulation added and all new sheet rock, basement waterproofing completed (owner looking for possible transferrable warranty), new hot water heater just 1 year. The garage is awesome, heated with separate electric and ample outlets on each wall. The layout of the home is good - spacious living room, 3 good-sized bedrooms, kitchen has room for a table, full bath plus convenient powder room. Cute neighborhood park just 1 block away! Shopping and transportation nearby! Reasonably priced and selling "As Is" only - Cash or conventional offers preferred. See it today! Similar sized homes in the area have sold for over $200k (rehabbed or updated).

Last Agent to Sell the Property

Kris Seegren

RE/MAX Plaza License #475101323 Listed on: 09/21/2022

RE/MAX Plaza

Last Buyer's Agent

Sue Dunnigan

@properties Christie's International Real Estate License #475148104

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,955

Year Built

  • Built in 1972

Lot Details

  • 5,358

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 975 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 43 x 125

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,955

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 975
  • Room Type: Deck
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1950
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 136700
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 43 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5955.38
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 6, 2022
Sold by
Ingoglia Mario J
Bought by
Drummer Derek
Seller's Agent
Kris Seegren
RE/MAX Plaza
Buyer's Agent
Sue Dunnigan
@properties Christie's International Real Estate
List Price
$136,700
Sold Price
$152,200
Premium/Discount to List
$15,500
11.34%
Views
31
Current Estimated Value
$222,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,515
Avg. Annual Appreciation
13.63%

Purchase Details

Closed on
Dec 19, 2012
Sold by
Spalla Anne K and Spalla Mike
Bought by
Ingoglia Mario J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,698
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2011
Sold by
Spalla Anne K
Bought by
Spalla Anne K and Spalla Mike
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
Drummer Derek $152,500 First American Title
Ingoglia Mario J $71,000 Ct
Spalla Anne K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ingoglia Mario J $69,698
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $152,200 +11.3% $156 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $136,700 -10.2% $140 / Sq Ft
09/22/2022 09/22/22 Off Market $152,200 -- --
09/21/2022 09/21/22 For Sale $136,700 -- $140 / 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 $6,031 $65,572 $9,752 $55,820
2023 $6,140 $57,314 $8,524 $48,790
2022 $6,140 $55,121 $7,651 $47,470
2021 $5,955 $51,940 $7,354 $44,586
2020 $5,940 $49,419 $6,997 $42,422
2019 $5,722 $47,413 $6,713 $40,700
2018 $4,336 $37,139 $6,492 $30,647
2017 $4,281 $34,935 $6,107 $28,828
2016 $4,056 $32,248 $5,637 $26,611
2015 $3,062 $29,461 $5,150 $24,311
2014 $3,618 $32,459 $4,850 $27,609
2012 $3,818 $33,899 $5,065 $28,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11634973

Midwest Real Estate Data (MRED)

APN: 06-16-403-013