NOT LISTED FOR SALE

1540 Royal Oak Ln Unit 2 Lake In the Hills, IL 60156

Estimated Value: $410,000 - $430,693

3 Beds
2.5 Baths
2,605 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $335,000 $129 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,091/month

21 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near a park
  • Formal Dining Room
  • Glacier Ridge Elementary School Rated A-
  • Vaulted Ceiling
  • Fenced Yard

About This Home

As of February 2023

Welcome to 1540 Royal Oak! This well-maintained 3 bedroom / 2.5 bathroom sits in the highly sought-after neighborhood of Concord at Meadowbrook in Lake In The Hills. Phenomenal schools, a 3 car garage, and a full finished basement are just some of the key features this home has to offer. Heading into the main level of the home you'll notice soaring ceilings, tons of natural light, and a layout that jives with today's trends. The kitchen offers stainless steel appliances and plenty of countertop space for the cook of the home. Opening to the kitchen is the family room with its own wood-burning fireplace - perfect for binging your favorite TV series on a cold winter day! For the summertime? Enjoy the designer brick patio right off of both the family room and kitchen to host amazing game day barbecues or family gatherings in the fenced-in yard. The second level of this property is home to two spacious spare bedrooms, a full bath, and of course, the magnificent master suite with its own full bathroom, soaking tub, and standing shower. For those looking for additional storage, an awesome teen retreat, or even a home office - look no further than the full finished basement to make all of those visions come to life. This home sits in a second-to-none location with no neighbor directly behind or across from the home and it's within minutes of Route 62 and Randall Rd for all of your shopping, dining, and entertainment needs. Come take a look and make an offer!

Last Agent to Sell the Property

James Zitnik

Keller Williams Success Realty License #475187910 Listed on: 11/17/2022

Keller Williams Success Realty

Last Buyer's Agent

Olga Kaminska

Core Realty & Investments Inc. License #475170254

Core Realty & Investments Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,065

Year Built

  • Built in 1994

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,605 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Glacier Ridge Elementary School
  • Richard F Bernotas Middle School
  • Crystal Lake South High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Additional Features

  • Patio
  • Property is near a park

Community Details

  • Concord At Meadowbrook Subdivision, Manchester Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,065

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Concord at Meadowbrook
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors
  • LivingArea: 2605
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2883
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 334900
  • Lot Features: Fenced Yard
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Glacier Ridge Elementary School
  • High School: Crystal Lake South High School
  • Middle/Junior School: Richard F Bernotas Middle School
  • Middle/Junior School District: 47

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 9583
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9065.22
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jan 16, 2023
Sold by
Potthast Robert M and Potthast Nyle J
Bought by
Kravchenko Arsen and Matviiv Viktoriia
Seller's Agent
James Zitnik
Keller Williams Success Realty
Buyer's Agent
Olga Kaminska
Core Realty & Investments Inc.
List Price
$334,900
Sold Price
$335,000
Premium/Discount to List
$100
0.03%
Views
169
Current Estimated Value
$420,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,923
Avg. Annual Appreciation
7.33%
Original Mortgage
$318,250
Outstanding Balance
$310,018
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$93,212

Purchase Details

Listed on
Jul 10, 2012
Closed on
Nov 19, 2012
Sold by
Najee Ullah Arthur Louis and Najee Ullah Jacqueline
Bought by
Potthast Robert M and Potthast Nyle J
Seller's Agent
Sharon Gidley
RE/MAX Suburban
Buyer's Agent
James Benoe
RE/MAX Suburban
List Price
$166,300
Sold Price
$152,300
Premium/Discount to List
-$14,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%

Purchase Details

Closed on
Mar 6, 1997
Sold by
Fuentes Ron G and Fuentes Anntoinette M
Bought by
Najee Ullah Arthur Louis and Najee Ullah Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
7.93%
Mortgage Type
VA

Purchase Details

Closed on
Jan 9, 1995
Sold by
American National Bk&Tr Co Of Chicago
Bought by
Fuentes Ron G and Fuentes Antoinette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,750
Interest Rate
8.62%
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
Kravchenko Arsen $335,000 --
Potthast Robert M $152,300 First United Title Services
Najee Ullah Arthur Louis $165,000 --
Fuentes Ron G $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kravchenko Arsen $318,250
Previous Owner Najee Ullah Arthur Louis $168,300
Previous Owner Fuentes Ron G $170,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $335,000 0.0% $129 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $334,900 0.0% $129 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $334,900 +119.9% $129 / Sq Ft
11/27/2012 11/27/12 Sold $152,300 0.0% $83 / Sq Ft
08/12/2012 08/12/12 Pending -- -- --
08/07/2012 08/07/12 Price Changed $152,300 -8.4% $83 / Sq Ft
07/10/2012 07/10/12 For Sale $166,300 -- $90 / 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 $10,314 $115,903 $5,589 $110,314
2023 $10,091 $104,117 $5,021 $99,096
2022 $9,433 $94,807 $4,572 $90,235
2021 $9,065 $89,289 $4,306 $84,983
2020 $8,976 $86,908 $4,191 $82,717
2019 $8,841 $84,689 $4,084 $80,605
2018 $8,703 $80,796 $4,596 $76,200
2017 $8,745 $76,143 $4,331 $71,812
2016 $8,734 $72,393 $4,118 $68,275
2013 -- $50,762 $12,638 $38,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11674901

Midwest Real Estate Data (MRED)

APN: 18-24-154-008