NOT LISTED FOR SALE

15955 W Wadsworth Rd Wadsworth, IL 60083

Estimated Value: $554,000 - $792,000

4.64 Acres
$148,064 Price per Acre
202,118 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $120,000

Est. 473% increase in value since last sale

Current estimated payment $4,707/month

189 Days on Market

About This Lot

As of April 2016

NEAR 5 ACRES OF THE FORMER RENOWN WADSWORTH "MINK RANCH" WITH 188 FRONTAGE ON WADSWORTH ROAD! SEVERAL BUILDING STILL ON PROPERTY. WEST 2-STORY BUILDING HAS 2 APARTMENTS ON 2ND FLOOR CURRENTLY RENTED. BEAUTIFUL WOODED PROPERTY THAT WOULD HAVE MANY POTENTIAL USES! LITTLE VALUE GIVEN TO EXISTING BUILDINGS. SUBJECT PROPERTY NEARER EXPRESSWAYS & MINUTES FROM GURNEE MILLS! SO MANY POSSIBILITIES! PRICED TO SELL! WHITE RANCH HOUSE ON WEST SIDE OF DRIVEWAY IS NOT PART OF THIS PROPERTY. CALL FOR SHOWINGS. "BEING SOLD AS IS". PROPERTY IS ZONED "ESTATE". ALSO UNINCORPORATED LAKE COUNTY.

Last Agent to Sell the Property

Larry Desmond

Century 21 Circle License #475078663 Listed on: 10/05/2015

Century 21 Circle

Last Buyer's Agent

Larry Desmond

Century 21 Circle License #475078663 Listed on: 10/05/2015

Century 21 Circle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,335

Lot Details

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$13,335

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Multi-Family
  • Potential Use: Commercial, Conditional Use, Estate, Industrial/Mfg, Liquor License, No Development Status, Office and Research, Planned Unit Development, Recreational, Residential-Estate, Retail, Special Use, Zoning Change Required
  • Utilities To Site: Electric to Site, Gas to Site, Septic-Private, Well-Private
  • Zoning Type: SINGL
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Horses Allowed, Wooded
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 4.0-4.99 Acres
  • Acreage: 4.64
  • Frontage Access: County Road
  • Front Footage: 303

Utilities

  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 24

Lot Info

  • Lot Dimensions: 188X488X303X271X200X217
  • Parcel Identification Number: 03341000140000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 8431.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Apr 20, 2016
Sold by
Chicago Title Land Trust Company
Bought by
Kugler Susan
Seller's Agent
Larry Desmond
Century 21 Circle
Buyer's Agent
Larry Desmond
Century 21 Circle
List Price
$198,888
Sold Price
$120,000
Premium/Discount to List
-$78,888
-39.66%
Current Estimated Value
$687,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,019
Avg. Annual Appreciation
20.16%

Purchase Details

Closed on
Aug 4, 1995
Sold by
Bank Of Waukegan
Bought by
Serdar Paul A and Serdar Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.64%
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
Kugler Susan $120,000 Chicago Title Land Trust Co
Serdar Paul A $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serdar Paul A $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $120,000 -39.7% --
04/11/2016 04/11/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $198,888 -- --
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 $13,335 $153,191 $63,524 $89,667
2023 $12,780 $134,967 $55,593 $79,374
2022 $12,780 $106,994 $50,704 $56,290
2021 $10,449 $88,831 $45,685 $43,146
2020 $10,108 $86,766 $44,623 $42,143
2019 $9,593 $83,325 $42,853 $40,472
2018 $4,482 $40,752 $27,169 $13,583
2017 $4,477 $39,996 $26,665 $13,331
2016 $8,904 $86,653 $49,932 $36,721
2015 $8,530 $81,833 $47,155 $34,678
2014 $7,943 $79,589 $45,862 $33,727
2012 $7,735 $80,916 $46,627 $34,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09056012

Midwest Real Estate Data (MRED)

APN: 03-34-100-014