NOT LISTED FOR SALE

172 Blair Ln Unit 122 Inverness, IL 60067

Estimated Value: $568,000 - $632,000

3 Beds
3.5 Baths
2,200 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $540,000 $245 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,557/month

Highlights

  • Sauna
  • Gated Community
  • Community Lake
  • Marion Jordan Elementary School Rated A-
  • Landscaped Professionally
  • Deck

About This Home

As of May 2024

Beautiful ranch home with pond and garden views in the desirable gated community of Inverness On The Ponds! This home has an abundance of natural light from the skylights and multiple bay, French doors and other windows throughout the home. Both trey and vaulted ceilings compliment the home. The inviting foyer leads to a spacious living room with bay windows. The adjacent family room has a brick gas fireplace, built-in bookcases, wet bar and opens to a large outdoor deck. The eat-in kitchen has wood cabinets and stainless steel appliances with access to another outdoor deck. The separate dining room has bay windows and is great for entertaining. Both the master bedroom suite and the 2nd en-suite bedroom are on the 1st floor. 1st floor laundry room with side-by-side washer-dryer. The full English walkout basement was built-out with many rooms including an en-suite bedroom with steam shower, office, den, exercise room, workroom, 2 sitting areas and a storage room. Lovely outdoor patio on the lower level!

Last Agent to Sell the Property

Nancy McAdam

Jameson Sotheby's Intl Realty License #475105499 Listed on: 04/15/2024

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Bridget Norman

Berkshire Hathaway HomeServices Starck Real Estate License #475177612

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 1989

Lot Details

  • Cul-De-Sac
  • Landscaped Professionally
  • Sprinkler System

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Radon Mitigation System

Interior Spaces

  • 2,200 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Home Office
  • Workshop
  • Storage Room
  • Sauna
  • Home Gym
  • Wood Flooring
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Marion Jordan Elementary School
  • Walter R Sundling Junior High Sc
  • Wm Fremd High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, security, doorman, exterior maintenance, lawn care, scavenger, snow removal
  • Nichols Burbulis Association, Phone Number (847) 882-8205
  • Inverness On The Ponds Subdivision, Alexander Floorplan
  • Property managed by AssociaChicagoland
  • Community Lake

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,500

Year Built

Built in 1989

Lot Details

0

HOA Fees

$499 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Condo
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Inverness on the Ponds
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Sauna/Steam Room, Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Separate Dining Room, Pantry
  • LivingArea: 2200
  • Other Equipment: Humidifier, TV-Dish, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Radon Mitigation System, Water Heater-Gas
  • Room Type: Eating Area, Foyer, Office, Den, Exercise Room, Workshop, Sitting Room, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Patio, Storms/Screens
  • List Price: 560000
  • Lot Features: Common Grounds, Cul-De-Sac, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(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: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 499
  • Association Fee Frequency: Monthly
  • Community Features: Lake, Gated
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: AssociaChicagoland
  • Management Contact Name: Nichols BurBulis
  • Management Phone: 847-882-8205
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Security, Doorman, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Marion Jordan Elementary School
  • High School: Wm Fremd High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 10499.74
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
May 5, 2024
Sold by
Watson R Gerald R and Watson Rebecca P
Bought by
Ben A Witt And Judith M Witt Joint Declaratio and Witt
Seller's Agent
Nancy McAdam
Jameson Sotheby's Intl Realty
Buyer's Agent
Bridget Norman
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%
Views
9
Current Estimated Value
$595,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,257
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Nov 4, 2004
Sold by
Kelsey Thomas
Bought by
Watson Gerald and Watson Rebecca P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.91%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Ben A Witt And Judith M Witt Joint Declaratio $540,000 Chicago Title Company
Watson Gerald $510,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Gerald $408,000
Closed Watson Gerald $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $540,000 -3.6% $245 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $560,000 -- $255 / 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 $10,820 $43,364 $3,375 $39,989
2023 $10,500 $43,364 $3,375 $39,989
2022 $10,500 $43,364 $3,375 $39,989
2021 $10,211 $38,446 $2,250 $36,196
2020 $10,168 $38,446 $2,250 $36,196
2019 $10,100 $42,771 $2,250 $40,521
2018 $9,956 $39,823 $1,875 $37,948
2017 $9,791 $39,823 $1,875 $37,948
2016 $9,646 $39,823 $1,875 $37,948
2015 $8,537 $33,494 $1,500 $31,994
2014 $9,386 $34,901 $1,500 $33,401
2013 $9,092 $34,901 $1,500 $33,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12015932

Midwest Real Estate Data (MRED)

APN: 02-16-303-047-1079