$249,900
SOLD DEC 14, 2015
0.4 Acre
$624,750 Price per Acre
17,424 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

7% Below List Price

156 Days on Market

About This Lot

As of July 2019

Hurry wont last long. Priced to sell. Great corner lot almost an 1/2 acre in the hottest area in Vernon Hills. These lots previously were almost twice as expensive. Purchase the lot outright or we can design the home of your dreams and make the whole process very convenient with a turn key package.

Last Agent to Sell the Property

Jeffery Ohm

Premier Realty Group, Inc. License #471011309 Listed on: 12/29/2014

Last Buyer's Agent

Jeffery Ohm

Premier Realty Group, Inc. License #471011309 Listed on: 12/29/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,528

Property Details

Property Type

Land

Est. Annual Taxes

$25,528

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .25-.49 Acre
  • Acreage: 0.4
  • Frontage Access: Public Road
  • Front Footage: 160

Schools

  • School District: 128
  • Junior High Dist: 73

Lot Info

  • Lot Dimensions: 160X67X47X134X105
  • Parcel Identification Number: 11283090160000

Tax Info

  • Taxes: 5662.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jul 29, 2019
Sold by
Olevich Christopher S and Christopher S Olevich Trust
Bought by
Ellefson Joseph D and Ellefson Julia L
Seller's Agent
Joseph Siwinski
Lincoln-Way Realty, Inc
Buyer's Agent
Nancy Dukic
Century 21 Universal
List Price
$800,000
Sold Price
$740,000
Premium/Discount to List
-$60,000
-7.5%
Current Estimated Value
$1,222,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,793
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Feb 19, 2019
Sold by
Olevich Christopher S
Bought by
Olevich Christopher S and Christopher S Olevich Trust

Purchase Details

Closed on
May 28, 2015
Sold by
Williams Way Investments Inc
Bought by
Olevich Declaration Of Trust

Purchase Details

Closed on
Dec 17, 2009
Sold by
Libertyville Bank & Trust Company
Bought by
Williams Way Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2008
Sold by
J & J Custom Builders Llc
Bought by
Libertyville Bank & Trust Company

Purchase Details

Closed on
Feb 22, 2006
Sold by
Gaz Inc
Bought by
Bank Of America Na and Trust #0008490
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 Type Sale Price Title Company
Warranty Deed $740,000 Chicago Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $249,900 Ct
Warranty Deed $175,000 First American Title Ins Co
Warranty Deed -- First American Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 New Conventional
Previous Owner $600,000 Construction
Previous Owner $157,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $740,000 -7.5% $208 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $800,000 +220.1% $225 / Sq Ft
12/14/2015 12/14/15 Sold $249,900 -7.1% $66 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $269,000 -- $71 / 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 $25,528 $304,892 $71,356 $233,536
2023 $23,602 $281,213 $65,814 $215,399
2022 $23,602 $258,840 $63,260 $195,580
2021 $22,599 $253,268 $61,898 $191,370
2020 $21,789 $249,010 $60,857 $188,153
2019 $21,237 $246,642 $60,278 $186,364
2018 $23,413 $275,773 $69,866 $205,907
2017 $23,062 $267,066 $67,660 $199,406
2016 $12,212 $139,777 $64,151 $75,626
2015 $5,684 $59,960 $59,960 $0
2014 $5,742 $59,155 $59,155 $0
2012 $5,448 $59,668 $59,668 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08807309

Midwest Real Estate Data (MRED)

APN: 11-28-309-016