NOT LISTED FOR SALE

1818 Watercolor Place Grayslake, IL 60030

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

3 Beds
3.5 Baths
2,372 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $349,900 $148 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,217/month

25 Days on Market

Highlights

  • Loft
  • 2 Car Attached Garage
  • Living Room
  • Woodland Elementary School Rated A-
  • Soaking Tub
  • Resident Manager or Management On Site

About This Home

As of March 2023

Resort like living at Water's Edge! 3 bedroom, 3.5 bath townhome near Gage's Lake! Such a fabulous unit! Remodeled kitchen has had wall removed for open concept living. Gorgeous NEW Butcher block bar installed in the kitchen! Decks on both sides of the 2nd floor! HARDWOOD floors on entire 2nd level and 3rd level. First level bedroom with full bath has outdoor access/patio and all new carpeting. Primary Bedroom Suite on the 3rd floor as well as 2nd bedroom and LOFT and laundry closet! So many updates-NEW HARDWOOD throughout most-even the stairs! Gorgeous NEW light fixtures, new powder room vanity, CLOSET BUILT-INS! Recessed lighting, alarm system, freshly painted and so much more! Wonderful amenities include: path to Gage's Lake waterfront, sandy beach, dock, boat launch and beachside fire pit! Enjoy lake life each season! Don't miss this beauty!

Last Agent to Sell the Property

Connie Barhorst

Baird & Warner License #475185571 Listed on: 01/10/2023

Baird & Warner

Last Buyer's Agent

Michael Herrick

Redfin Corporation License #475157521

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,858

Year Built

  • Built in 2006

Lot Details

  • 1,568

HOA Fees

  • $365 Monthly HOA Fees

Parking

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

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,372 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Loft

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Schools

  • Woodland Elementary School
  • Woodland Intermediate School
  • Warren Township High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Lot Dimensions are 28x56x28x56
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,858

Year Built

Built in 2006

Lot Details

0

HOA Fees

$365 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: Waters Edge
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • LivingArea: 2372
  • Room Type: Loft
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 349000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

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
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 365
  • Association Amenities: Public Bus, Picnic Area, School Bus
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Premier Community Management LLC
  • Management Contact Name: Manager
  • Management Phone: 847-428-7140
  • ResoAssociationFeeFrequency: Monthly

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 Intermediate School
  • Middle/Junior School District: 50

Lot Info

  • Lot Dimensions: 28X56X28X56
  • 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: 8857.72
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 5

MLS Schools

  • Othr Public Sch: Prairie Crossing Charter School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Mar 9, 2023
Sold by
Solis Neshka J and Solis April Lovell
Bought by
Villarreal James and Villarreal Sonia
Seller's Agent
Connie Barhorst
Baird & Warner
Buyer's Agent
Michael Herrick
Redfin Corporation
List Price
$349,000
Sold Price
$349,900
Premium/Discount to List
$900
0.26%
Views
117
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.
Estimated Appreciation
$37,551
Avg. Annual Appreciation
4.52%
Original Mortgage
$174,950
Outstanding Balance
$170,547
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$219,212

Purchase Details

Closed on
Jun 8, 2021
Sold by
Balmes P Joseph and Estate Of Rihanna Hanna
Bought by
Johnson April Lovell and Rivera Neshka J

Home Financials for this Owner

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

Purchase Details

Closed on
Jul 8, 2016
Sold by
Pursell Jeffrey L and Pursell Natasha
Bought by
Balmes Pamela and Balmes Joseph P

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/16/2023 03/16/23 Sold $349,900 +0.3% $148 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $349,000 -- $147 / 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

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11698805

Midwest Real Estate Data (MRED)

APN: 07-30-102-017