Seller's Agent in 2014
Lynn Fairfield
RE/MAX Suburban
(847) 373-3311
1 in this area
179 Total Sales
1612 Eric Ln Libertyville, IL 60048
Interlaken NeighborhoodEstimated Value: $885,000 - $959,000
4
Beds
3
Baths
3,586
Sq Ft
$256/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Landscaped Professionally
- Vaulted Ceiling
- Butterfield School Rated A-
- Recreation Room
- 5-minute walk to Willis Overholser Park Playground
About This Home
As of July 2014One of Libertyville's most desirable locations on a quiet street with a neighborhood park! Soaring ceilings welcome you on entry opening to the formal two story living room and dining room. The kitchen will please w/ granite counters, pantry & sliding door to beautiful patio+ yard. Main floor office can be bedroom 5 w/full bath. Master will please w/huge closet & luxury bath. Full finished basement. dual staircase
Last Agent to Sell the Property
RE/MAX Suburban License #471002589 Listed on: 05/09/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,807
Year Built
- 1999
Lot Details
- Southern Exposure
- Landscaped Professionally
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Vaulted Ceiling
- Wood Burning Fireplace
- Gas Log Fireplace
- Den
- Recreation Room
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2014
Closed on
Jul 17, 2014
Sold by
Palakodety Ram B and Palakodety Padma
Bought by
Olesen Mikael and Olesen Maria L
Seller's Agent
Lynn Fairfield
RE/MAX Suburban
Buyer's Agent
Lynn Fairfield
RE/MAX Suburban
List Price
$632,500
Sold Price
$565,000
Premium/Discount to List
-$67,500
-10.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,791
Avg. Annual Appreciation
4.42%
Original Mortgage
$449,200
Outstanding Balance
$142,519
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$776,272
Purchase Details
Closed on
Feb 5, 1999
Sold by
Concord At Interlaken Llc
Bought by
Palakodety Ram P and Palakodety Padma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.94%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olesen Mikael | $561,500 | None Available | |
| Palakodety Ram P | $378,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olesen Mikael | $449,200 | |
| Previous Owner | Palakodety Ram P | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2014 07/30/14 | Sold | $565,000 | -5.8% | $158 / Sq Ft |
| 07/07/2014 07/07/14 | Pending | -- | -- | -- |
| 06/30/2014 06/30/14 | Price Changed | $599,900 | 0.0% | $167 / Sq Ft |
| 06/21/2014 06/21/14 | Price Changed | $600,000 | -3.6% | $167 / Sq Ft |
| 06/10/2014 06/10/14 | Price Changed | $622,500 | -1.6% | $174 / Sq Ft |
| 05/09/2014 05/09/14 | For Sale | $632,500 | -- | $176 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $17,807 | $244,949 | $65,447 | $179,502 |
| 2023 | $17,785 | $225,926 | $60,364 | $165,562 |
| 2022 | $17,785 | $225,171 | $58,019 | $167,152 |
| 2021 | $17,135 | $220,324 | $56,770 | $163,554 |
| 2020 | $16,503 | $216,620 | $55,816 | $160,804 |
| 2019 | $16,099 | $214,560 | $55,285 | $159,275 |
| 2018 | $16,191 | $237,298 | $55,356 | $181,942 |
| 2017 | $17,016 | $229,806 | $53,608 | $176,198 |
| 2016 | $16,472 | $217,888 | $50,828 | $167,060 |
| 2015 | $16,083 | $203,652 | $47,507 | $156,145 |
| 2014 | $15,002 | $195,067 | $45,504 | $149,563 |
| 2012 | $14,554 | $188,221 | $45,899 | $142,322 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Fairfield
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08609970
APN: 11-18-203-006
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