NOT LISTED FOR SALE

1818 Watercolor Place Unit 1818 Grayslake, IL 60030

Estimated Value: $383,000 - $391,803

3 Beds
3.5 Baths
2,394 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $235,000 $98 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,167/month

55 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • 2 Car Attached Garage
  • Woodland Elementary School Rated A-
  • Balcony
  • Walk-In Closet

About This Home

As of June 2021

Spacious 2394 sq. ft. town home at Waters Edge in Grayslake. 3 stories include full, walk-out basement. 3 BR, 3.1 bathrooms. All bedrooms (2 on 2nd floor & 1 in walk-out basement) have en suite full bathrooms. 9 foot ceilings & hardwood floors throughout most of main level. Double sliding glass doors from dining area to balcony. Kitchen has granite counter tops, stainless double bowl sink & appliances & recessed lights. Main floor half bath. French doors lead to master bedroom w/tray ceiling & lighted ceiling fan. Full master bath w/soaking tub, separate shower, double bowl vanity, ceramic tile floor, tub & shower surrounds, & 6 x 7 walk-in closet w/attic access. 2nd upstairs BR suite has walk-in closet, lighted ceiling fan, full bath w/ceramic tile floor, shower, & tub surround, & double bowl vanity. 2nd floor laundry is between the 2 BR suites. Lower level includes sliding glass doors to patio, 3rd BR w/full bath, ceramic tile floor, & 8 x 6 walk-in closet. Lower level utility room. Ideal location near I-94, schools and amenities, and half-way between Chicago & Milwaukee. Some cosmetic damage from previous occupants. This is an estate sale being sold in "as is, where is" condition. Please use "as is" rider in MLS and allow up to 15 days for probate court approval.

Last Agent to Sell the Property

Charlotte Brengel

Char Brengel Real Estate LLC License #471010101 Listed on: 03/04/2021

Last Buyer's Agent

Kristina Irvine

Real Broker, LLC License #475184236

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,382

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 28 x 56
  • Landscaped Professionally

HOA Fees

  • $315 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,394 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

  • Woodland Elementary School
  • Woodland Jr High Middle School
  • Warren Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal, lake rights
  • 5 Units
  • Staff Association, Phone Number (847) 428-7140
  • Cambridge At Waters Edge Subdivision, Carolina Floorplan
  • Property managed by Premier Community Management

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,382

Year Built

Built in 2005

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: Cambridge at Waters Edge
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 2394
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 229900
  • Lot Features: Landscaped
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • 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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Premier Community Management
  • Management Contact Name: Staff
  • Management Phone: 847-428-7140

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal, Lake Rights

Schools

  • Elementary School: Woodland Elementary School
  • High School: Warren Township High School
  • Middle/Junior School: Woodland Jr High School
  • Middle/Junior School District: 50

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 28 X 56
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8382.44
  • Tax Year: 2019

Multi Family

  • Units in Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Solis Neshka J and Solis April Lovell
Bought by
Villarreal James and Villarreal Sonia
Current Estimated Value
$387,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,950
Outstanding Balance
$170,182
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$217,269

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jun 8, 2021
Sold by
Balmes P Joseph and Estate Of Rihanna Hanna
Bought by
Johnson April Lovell and Rivera Neshka J
Seller's Agent
Charlotte Brengel
Char Brengel Real Estate LLC
Buyer's Agent
Kristina Irvine
Real Broker, LLC
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$230,743
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jul 8, 2016
Sold by
Pursell Jeffrey L and Pursell Natasha
Bought by
Balmes Pamela and Balmes Joseph P
Seller's Agent
Kat Becker
RE/MAX Advantage Realty
Buyer's Agent
Charlotte Brengel
Char Brengel Real Estate LLC
List Price
$229,900
Sold Price
$216,000
Premium/Discount to List
-$13,900
-6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%

Purchase Details

Closed on
Jun 28, 2007
Sold by
Drh Cambridge Homes Inc
Bought by
Pursell Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.42%
Mortgage Type
Unknown
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
Villarreal James $350,000 First American Title Insurance
Johnson April Lovell $235,000 Chicago Title Insurance Co
Balmes Pamela $216,000 Chicago Title Insurance Co
Pursell Jeffrey L $330,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villarreal James $174,950
Previous Owner Johnson April Lovell $230,743
Previous Owner Pursell Jeffrey L $226,800
Previous Owner Pursell Jeffrey L $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $235,000 +2.2% $98 / Sq Ft
04/27/2021 04/27/21 For Sale -- -- --
04/26/2021 04/26/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $229,900 -6.1% $96 / Sq Ft
03/20/2021 03/20/21 Price Changed $244,900 -3.9% $102 / Sq Ft
03/02/2021 03/02/21 For Sale $254,900 +18.0% $106 / Sq Ft
07/08/2016 07/08/16 Sold $216,000 -4.0% $91 / Sq Ft
06/26/2016 06/26/16 Pending -- -- --
05/23/2016 05/23/16 Price Changed $225,000 -2.1% $95 / Sq Ft
04/27/2016 04/27/16 For Sale $229,900 -- $97 / 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 $8,893 $101,698 $13,392 $88,306
2023 $8,893 $94,418 $12,433 $81,985
2022 $9,134 $88,411 $12,434 $75,977
2021 $8,858 $83,973 $11,935 $72,038
2020 $8,613 $81,909 $11,642 $70,267
2019 $8,382 $79,531 $11,304 $68,227
2018 $8,460 $81,410 $11,116 $70,294
2017 $8,393 $79,077 $10,797 $68,280
2016 $8,380 $75,556 $10,316 $65,240
2015 $8,264 $71,658 $9,784 $61,874
2014 $8,512 $75,065 $9,652 $65,413
2012 $8,006 $75,640 $9,726 $65,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11009891

Midwest Real Estate Data (MRED)

APN: 07-30-102-017