NOT LISTED FOR SALE

1612 Lotus Dr Round Lake Beach, IL 60073

Estimated Value: $204,000 - $228,000

3 Beds
1 Bath
950 Sq Ft
$230/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $190,195 $200 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,483/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Fenced Yard
  • Property is near a park
  • Formal Dining Room
  • 4-minute walk to Arrowhead Park

About This Home

As of April 2023

Affordable and Adorable ranch with a finished basement! Move right into this ranch home with fresh paint, newer(2019) stainless appliances and redone bath with double sinks. Newer siding (2021) and roof (2013) and recently redone basement with bar area, bedroom, laundry, and storage. The main floor features three spacious bedrooms, a Living room, and a dining room plus a kitchen. Fabulous privacy fenced yard, deck, and paver patio area, plus firepit and swing set.

Last Agent to Sell the Property

Lynn Fairfield

RE/MAX Suburban License #471002589 Listed on: 03/08/2023

RE/MAX Suburban

Last Buyer's Agent

Alice Scifo

RE/MAX Advisors License #471004450

RE/MAX Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,965

Year Built

  • Built in 1975 | Remodeled in 2021

Lot Details

  • 4,674 Sq Ft Lot
  • Lot Dimensions are 40x116
  • Fenced Yard

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 950 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Portable Dishwasher

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Deck
  • Brick Porch or Patio
  • Shed

Location

  • Property is near a park

Schools

  • Raymond Ellis Elementary School
  • John T Magee Middle School
  • Round Lake Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,965

Year Built

Built in 1975 | Remodeled in 2021

Lot Details

0

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: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Portable Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 800
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Some Carpeting
  • LivingArea: 950
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1750
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 950
  • Basement Sq Ft: 800
  • Total Sq Ft: 1750
  • Upper Level Sq Ft: 950
  • Attic: Unfinished
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 188500
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Raymond Ellis Elementary School
  • High School: Round Lake Senior High School
  • Middle/Junior School: John T Magee Middle School
  • Middle/Junior School District: 116

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1073
  • Lot Dimensions: 40X116
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3965.44
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 4, 2023
Sold by
Osborne Scott
Bought by
Macedo Paula C
Seller's Agent
Lynn Fairfield
RE/MAX Suburban
Buyer's Agent
Alice Scifo
RE/MAX Advisors
List Price
$188,500
Sold Price
$190,195
Premium/Discount to List
$1,695
0.9%
Current Estimated Value
$218,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,392
Avg. Annual Appreciation
6.05%
Original Mortgage
$186,749
Outstanding Balance
$181,096
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$37,491

Purchase Details

Closed on
Mar 20, 2002
Sold by
Garich Arlene B
Bought by
Osborne Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
6.93%

Purchase Details

Closed on
Oct 13, 1994
Sold by
Garich Joe
Bought by
Garich Arlene C
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
Macedo Paula C $190,500 Doma Title
Osborne Scott $123,000 Chicago Title
Garich Arlene C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macedo Paula C $186,749
Previous Owner Osborne Scott $101,741
Previous Owner Osborne Scott $114,884
Previous Owner Osborne Scott $116,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $190,195 +0.9% $200 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $188,500 -- $198 / 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 $3,811 $54,271 $8,939 $45,332
2023 $3,734 $47,160 $8,204 $38,956
2022 $3,734 $43,577 $7,001 $36,576
2021 $3,965 $41,885 $6,729 $35,156
2020 $3,562 $37,870 $6,402 $31,468
2019 $3,447 $36,333 $6,142 $30,191
2018 $3,207 $30,831 $5,890 $24,941
2017 $3,128 $29,001 $5,540 $23,461
2016 $2,967 $26,771 $5,114 $21,657
2015 $2,848 $24,457 $4,672 $19,785
2014 $3,457 $29,134 $4,421 $24,713
2012 $3,477 $30,427 $4,617 $25,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11733262

Midwest Real Estate Data (MRED)

APN: 06-18-409-031