NOT LISTED FOR SALE

16N705 Merriweather Ln Dundee, IL 60118

Estimated Value: $503,000 - $526,000

4 Beds
3 Baths
3,256 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $415,000 $127 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,537/month

43 Days on Market

Highlights

  • Living Room with Fireplace
  • Formal Dining Room
  • 1-Story Property
  • Harry D Jacobs High School Rated A-
  • Attached Garage

About This Home

As of November 2021

LOCATION! LOCATION! LOCATION! Sprawling Walk-Out Ranch on Lake Tara in Dundee!!! Rarely available property type in this location. STOCKED for Fishing! Main level boasts 3 bedrooms with 2 full baths, eat-in kitchen, oversized garage and deck that spans the property with sliders from living room and master bedroom and acccess from kitchen. 2 Fireplaces-one in upper living room and one in lower level family room. Lower level is finished with a bedroom, full bath, rec room, huge famiy room with fireplace and sliders to the back, bonus room that would be great for crafting, add a fridge or anything you can think of. Unfinished laundry & utility area has a laundry tub, a shower and direct access out to the beautiful back yard. Lake Tara is a unique subdivision with lake, on which you can have pier, fish, non-motorized water crafts. This is your dream home just waiting for you!

Last Agent to Sell the Property

Carna Combest

Berkshire Hathaway HomeServices Starck Real Estate License #475157974 Listed on: 09/07/2021

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Kimberly Kim

Partners 4U Realty Inc License #475144026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,708

Year Built

  • 1976

Lot Details

  • 0.5

HOA Fees

  • $42 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 3,256 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Window Screens
  • Living Room with Fireplace
  • Formal Dining Room

Finished Basement

  • Exterior Basement Entry
  • 9 Foot Basement Ceiling Height
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Community Details

  • Alan Evans Association, Phone Number (224) 716-1001
  • Property managed by Tara Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,708

Year Built

1976

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch
  • Directions: Route 72, east of Randall Rd, to Richmond Rd-north, to Sumter-right, to Merriweather-right to property.
  • Lot Size: 125X170
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Trash Compactor, Stainless Steel Appliance(s)
  • Has Basement: Full, Walkout
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 3256
  • Basement Description: Finished,Exterior Access,9 ft + pour,Rec/Family Area,Sleeping Area
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 3685
  • Door Features: Mirrored Closet Door(s),Storm Door(s),Sliding Glass Door(s)
  • Window Features: Blinds,Screens
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1264
  • Fireplaces: 2
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Separate Dining Room
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Dining Room Type: Bonus Room, Recreation Room, Foyer

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Storms/Screens
  • Exterior Building Type: Brick,Cedar
  • Lot Features: Landscaped, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Sink
  • Sewer: Septic-Private
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Tara Owners Association
  • Management Contact Name: Alan Evans
  • Management Phone: 224-716-1001
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Community Features: Lake

Fee Information

  • Association Fee Includes: Lake Rights

Schools

  • Junior High Dist: 300

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Exemptions: Other
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 30, 2021
Sold by
Demler Cheryl L and Meyers Cheryl L
Bought by
Kim In Hee
Seller's Agent
Carna Combest
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Kimberly Kim
Partners 4U Realty Inc
List Price
$449,900
Sold Price
$415,000
Premium/Discount to List
-$34,900
-7.76%
Current Estimated Value
$510,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,842
Avg. Annual Appreciation
5.46%
Original Mortgage
$332,000
Outstanding Balance
$259,706
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$251,136
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
Kim In Hee $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim In Hee $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $415,000 -7.8% $127 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $449,900 -- $138 / 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 $9,708 $149,913 $21,786 $128,127
2023 $9,270 $134,886 $19,602 $115,284
2022 $7,441 $105,372 $16,737 $88,635
2021 $0 $99,492 $15,803 $83,689
2020 $7,781 $97,255 $15,448 $81,807
2019 $7,781 $92,325 $14,665 $77,660
2018 $7,781 $104,843 $29,441 $75,402
2017 $0 $98,076 $27,541 $70,535
2016 $8,621 $94,961 $26,666 $68,295
2015 -- $88,982 $24,987 $63,995
2014 -- $86,525 $24,297 $62,228
2013 -- $89,174 $25,041 $64,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11210760

Midwest Real Estate Data (MRED)

APN: 03-20-179-003