NOT LISTED FOR SALE

198 Old Wick Ln Unit 151 Inverness, IL 60067

Estimated Value: $547,000 - $640,000

3 Beds
3 Baths
2,766 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2022

Last sale price $385,000 $139 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,578 / mo

1 Day on Market

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • Soaking Tub
  • Thomas Jefferson Elementary School Rated A-
  • Attached Garage
  • Zero Lot Line

About This Home

As of January 2022

An AMAZING and RARE opportunity to live in INVERNESS ON THE PONDS! This is a unique community that offers a gated entrance and security guards. This is a spacious 3 Bedroom 2.1 Bath home offering over 2700 sq ft of finished space! The 1st floor Master includes a private Bath that has a double vanity and skylight. This is a home where you can live on the main floor and host guests upstairs with complete privacy. New hardwood flooring in the open Foyer and Half Bath. Bay window in the large Living Room and designer tray ceiling in the formal Dining. The main floor Family Room has a vaulted ceiling, built-in bookcases, and a brick Fireplace framed by 2 recently updated glass doors to a Patio. You'll love the Carlton model large Kitchen with tons of cabinets and work space, stainless steel appliances, and bright Eating Area with newer sliding glass door. Convenient main floor Laundry includes front-loading washer and dryer. The 2nd floor features 2 very large Bedrooms with spacious closets and 2nd Full Bath with newer shower door. The full Basement has a brand new vinyl plank floor and fresh paint - an enormous space for an Exercise Room, Rec Room, Home Theater, work/storage or finish further to meet your needs. Newer hot water heater and sump pump. Lawn Care, Snow removal, Common Insurance, Trash removal and FRONT GATE SECURITY all included in the monthly assessment. community. HOME WARRANTY INCLUDED

Last Agent to Sell the Property

Linda Forrester

Century 21 Integra License #475122411 Listed on: 11/16/2021

Century 21 Integra

Last Buyer's Agent

Carol Kim

Chicagoland Brokers Inc. License #475127498

Chicagoland Brokers Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 1994

Lot Details

  • Zero Lot Line

HOA Fees

  • $471 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Community Details

  • Nicholas Burbulis Association, Phone Number (847) 882-8207
  • Property managed by Associa Chicagoland

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1994

Lot Details

43.61 Acres

HOA Fees

$471 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Cape Cod
  • Directions: Roselle N of Palatine Road to gate on east side of street. Follow Loch Lomond to Old Wick Lane to 198
  • Lot Size: INTEGRAL
  • Master Model: CARLTON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Inverness on the Ponds
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1994

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Electric Cooktop
  • Has Basement: Full
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Bookcases, Some Wood Floors, Separate Dining Room, Some Wall-To-Wall Cp
  • Other Equipment: Humidifier, Sump Pump, Backup Sump Pump;
  • Dining Room Type: Recreation Room, Foyer

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick,Cedar
  • Lot Features: Cul-De-Sac
  • Waterfront: No

Garage/Parking

  • 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
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: Sink
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Nicholas Burbulis
  • Management Phone: 847-882-8207
  • Association Fee: 471
  • Association Fee Frequency: Monthly

Fee Information

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

Schools

  • Junior High Dist: 211
  • Middle Or Junior School: Walter R Sundling Junior High Sc

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: Yes
  • Additional Parcels: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 11111.02
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Jan 6, 2022
Sold by
Hegberg Thomas William and William E Hegberg Self Declaration Of Tr
Bought by
Lee Sung and Lee Young
Seller's Agent
Linda Forrester
Century 21 Integra
Buyer's Agent
Carol Kim
Chicagoland Brokers Inc.
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$604,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,372
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Jul 1, 2004
Sold by
Anda Corinne and Corinne Anda Revocable Living
Bought by
Declara Hegberg William E and Declara William E Hegberg Self

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1995
Sold by
Bank One Chicago Na
Bought by
Anda Corinne and Corinne Anda Revocable Living
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Sung $385,000 --
Declara Hegberg William E -- 1St American Title
Anda Corinne $320,000 Land Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Declara Hegberg William E $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $385,000 -3.5% $139 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $399,000 -- $144 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $11,089 $55,380 $3,831 $51,549
2024 $11,089 $44,298 $3,448 $40,850
2023 $10,763 $44,298 $3,448 $40,850
2022 $10,763 $44,298 $3,448 $40,850
2021 $11,309 $39,273 $2,298 $36,975
2020 $11,192 $39,273 $2,298 $36,975
2019 $11,111 $43,691 $2,298 $41,393
2018 $11,022 $40,679 $1,915 $38,764
2017 $10,823 $40,679 $1,915 $38,764
2016 $10,363 $40,679 $1,915 $38,764
2015 $9,301 $34,214 $1,532 $32,682
2014 $9,604 $35,652 $1,532 $34,120
2013 $9,303 $35,652 $1,532 $34,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11271103

Midwest Real Estate Data (MRED)

APN: 02-16-303-047-1094

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