NOT LISTED FOR SALE

1871 Watercolor Place Grayslake, IL 60030

Estimated Value: $364,051 - $386,000

3 Beds
4 Baths
2,372 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $225,000 $95 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,147/month

116 Days on Market

Highlights

  • Water Views
  • Beach
  • Wetlands Adjacent
  • Woodland Elementary School Rated A-
  • Property is near a park
  • Wood Flooring

About This Home

As of July 2018

Large townhome in the desirable Water's Edge community, on Gages Lake. This unit has desirable, unobstructed, views of the lake. Private beach and boat launch. Features 3 large bedrooms, all with their own private baths. Lower level bedroom has patio and could be used as a family room. Kitchen has a large balcony, perfect for grilling or enjoying the lake views. Wood floors throughout home.

Last Agent to Sell the Property

Alex Rusin

Cornerstone Realty, Inc. License #471017908 Listed on: 02/01/2018

Last Buyer's Agent

Matthew DeRose

@properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,724

Year Built

  • 2005

Lot Details

  • 1,917

HOA Fees

  • $280 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Rights

Additional Features

  • Water Views
  • Wood Flooring
  • Finished Basement Bathroom
  • Wetlands Adjacent
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,724

Year Built

2005

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Built: 2005

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X4, On Level: 2nd Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Galley, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X13, On Level: 3rd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 20X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X18, On Level: Lower, Flooring: Wood Laminate
  • Estimated Sq Ft: 2372
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 18X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Patio, Storms/Screens

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Boat Dock, Park/Playground
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal, Lake Rights
  • Assessment Association Fees: 280

Schools

  • School District: 121
  • Elementary School: WOODLAND ELEMENTARY SCHOOL
  • Middle School: WOODLAND MIDDLE SCHOOL
  • High School: WARREN TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 1930
  • Lot Description: Beach, Common Grounds, Wetlands adjacent, Park Adjacent, Water Rights, Water View
  • Parcel Identification Number: 07301020510000

Multi Family

  • Total Number Unitsin Building: 5
  • Number Stories: 3

Tax Info

  • Taxes: 7426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Jul 2, 2018
Sold by
Koehler Sandra L
Bought by
Gould Jane
Seller's Agent
Alex Rusin
Cornerstone Realty, Inc.
Buyer's Agent
Matthew DeRose
@properties
List Price
$264,999
Sold Price
$225,000
Premium/Discount to List
-$39,999
-15.09%
Current Estimated Value
$377,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,513
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Mar 28, 2007
Sold by
Drh Cambridge Homes Inc
Bought by
Koehler Robert T and Koehler Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,185
Interest Rate
6.25%
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
Gould Jane $225,000 Attorneys Title Guaranty Fun
Koehler Robert T $345,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koehler Robert T $201,000
Previous Owner Koehler Robert T $310,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $225,000 -15.1% $95 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $264,999 0.0% $112 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $264,999 -1.9% $112 / Sq Ft
02/07/2018 02/07/18 For Sale $269,999 +20.0% $114 / Sq Ft
02/02/2018 02/02/18 Off Market $225,000 -- --
02/01/2018 02/01/18 For Sale $269,999 -- $114 / 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 $9,724 $102,699 $16,500 $86,199
2023 $9,255 $95,348 $15,319 $80,029
2022 $9,255 $89,503 $15,320 $74,183
2021 $8,429 $85,912 $14,705 $71,207
2020 $8,181 $83,801 $14,344 $69,457
2019 $7,952 $81,369 $13,928 $67,441
2018 $7,568 $83,990 $13,696 $70,294
2017 $7,491 $81,584 $13,304 $68,280
2016 $7,426 $77,952 $12,712 $65,240
2015 $7,257 $73,930 $12,056 $61,874
2014 $7,593 $77,878 $11,892 $65,986
2012 $7,284 $78,474 $11,983 $66,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09846721

Midwest Real Estate Data (MRED)

APN: 07-30-102-051