NOT LISTED FOR SALE

2040 Somerset Ln Mundelein, IL 60060

Town and Country Neighborhood

Estimated Value: $590,257 - $629,000

5 Beds
3 Baths
2,808 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 2040 Somerset Ln, Mundelein, IL 60060 and is currently estimated at $611,314, approximately $217 per square foot. 2040 Somerset Ln is a home located in Lake County with nearby schools including Fremont Elementary School, Fremont Intermediate School, and Fremont Jr High/Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Martini John N and Martini Deborah Coe
Bought by
Martini John N and Martini Deborah Coe
Current Estimated Value
$611,314

Purchase Details

Closed on
Jun 15, 1996
Sold by
Harris Bank Hinsdale
Bought by
Martini John N and Martini Deborah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
8.44%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Martini John N -- None Listed On Document
Martini John N $261,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martini John N $170,000
Previous Owner Martini John H $226,600
Previous Owner Martini John N $231,000
Previous Owner Martini John N $245,000
Previous Owner Martini John N $216,400
Previous Owner Martini John N $197,000
Previous Owner Martini John N $195,000
Previous Owner Martini John N $30,000
Previous Owner Martini John N $157,000
Source: Public Records

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 $10,727 $146,087 $35,766 $110,321
2023 $11,157 $133,853 $32,771 $101,082
2022 $11,157 $132,623 $35,709 $96,914
2021 $11,105 $127,977 $34,458 $93,519
2020 $11,136 $124,455 $33,510 $90,945
2019 $10,766 $120,363 $32,408 $87,955
2018 $9,853 $111,844 $32,170 $79,674
2017 $9,749 $108,323 $31,157 $77,166
2016 $9,893 $106,594 $29,592 $77,002
2015 $9,717 $99,929 $27,742 $72,187
2014 $9,252 $95,773 $26,392 $69,381
2012 $9,007 $96,623 $26,626 $69,997
Source: Public Records

Map

Illinois Lake County Mundelein 60060 Town and Country

2040 Somerset Ln, Mundelein, IL

This home is located at 2040 Somerset Ln, Mundelein, IL 60060 and is currently estimated at $611,314, approximately $217 per square foot. 2040 Somerset Ln is a home located in Lake County with nearby schools including Fremont Elementary School, Fremont Intermediate School, and Fremont Jr High/Middle School.

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