NOT LISTED FOR SALE

20620 W Lakeview Ave Lake Villa, IL 60046

Venetian Village Neighborhood

Estimated Value: $367,000 - $476,150

2 Beds
1 Bath
1,152 Sq Ft
$373/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $45,000 $39 Per Sq Ft

Est. 855% increase in value since last sale

Current estimated payment $3,095/month

7 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • Garage ceiling height seven feet or more
  • B.J. Hooper Elementary School Rated A-
  • Detached Garage

About This Home

As of August 2018

PRIME LOCATION!! Unique opportunity to rebuild this home and have a quiet, secluded location with unbelievable views of nature, water and wetlands. Fourth Lake is right across the street! Home was torn down after a fire but can be rebuilt. Per the owner, the county has inspected the concrete foundation and will approve it being built on. Well and septic have been evaluated and are functional. There's even a nice size garage with extra high overhead door for tool and material storage as you're rebuilding. The possibilities are endless!

Last Agent to Sell the Property

Bob Linke

Village Realty License #471019375 Listed on: 07/11/2018

Last Buyer's Agent

Marty Rafter

Baird & Warner License #475143357

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,265

Year Built

  • 1955

Lot Details

  • 0.36

Parking

  • Detached Garage
  • Garage ceiling height seven feet or more
  • Driveway
  • Garage Is Owned

Home Design

  • Slab Foundation

Utilities

  • Water Rights
  • Well
  • Private or Community Septic Tank

Additional Features

  • Water Views
  • Crawl Space
  • Wooded Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,265

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Ownership: Fee Simple
  • Type Detached: Tear Down
  • Estimated Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Number Of Rooms: 2
  • Basement: Crawl
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Additional Rooms: No additional rooms
  • Master Bedroom: On Level: Main Level
  • Bedroom 2: On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Acreage: 0.3612

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Water: Well-Private
  • Sewer: Septic-Private

Condo/Co-op/Association

  • Assessed Sq Ft: 1152

Schools

  • School District: 127
  • Junior High Dist: 41

Lot Info

  • Lot Dimensions: 126X127
  • Lot Description: Water Rights, Water View, Wooded
  • Parcel Identification Number: 06111000090000

Tax Info

  • Taxes: 900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Aug 3, 2018
Sold by
Timan Chris
Bought by
Hughes Timothy and Hughes Mary Ellen
Seller's Agent
Bob Linke
Village Realty
Buyer's Agent
Marty Rafter
Baird & Warner
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Current Estimated Value
$429,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,788
Avg. Annual Appreciation
37.76%

Purchase Details

Closed on
Apr 15, 2017
Sold by
Machalek Michael J
Bought by
Timan Chris
Source: Public Records

Range of Values:

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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
Hughes Timothy $45,000 Blackhawk Title Services
Timan Chris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giles Scott E $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2018 08/06/18 Sold $45,000 -9.8% $39 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $49,900 -- $43 / 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 $9,265 $124,590 $8,054 $116,536
2023 $7,049 $110,081 $7,116 $102,965
2022 $7,049 $69,908 $7,179 $62,729
2021 $725 $6,890 $6,890 $0
2020 $1,079 $9,634 $6,669 $2,965
2019 $1,101 $9,259 $6,409 $2,850
2018 $1,157 $9,871 $7,166 $2,705
2017 $1,137 $9,608 $6,975 $2,633
2016 $4,455 $35,417 $6,694 $28,723
2015 $3,590 $33,078 $6,252 $26,826
2014 $3,752 $35,358 $6,217 $29,141
2012 $4,665 $35,529 $6,247 $29,282
Source: Public Records

Agents Affiliated with this Home

  • Bob Linke

    Seller's Agent in 2018

    Bob Linke

    Village Realty

    (847) 344-9783

    15 in this area

    54 Total Sales

    Bob Linke
    Section Image
  • Marty Rafter

    Buyer's Agent in 2018

    Marty Rafter

    Baird Warner

    (847) 508-3009

    34 Total Sales

    Marty Rafter
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10017031

Midwest Real Estate Data (MRED)

APN: 06-11-100-009

Illinois Lake County Lake Villa 60046 Venetian Village

20620 W Lakeview Ave, Lake Villa, IL

This home is located at 20620 W Lakeview Ave, Lake Villa, IL 60046 since 11 July 2018 and is currently estimated at $429,788, approximately $373 per square foot. This property was built in 1955. 20620 W Lakeview Ave is a home located in Lake County with nearby schools including B.J. Hooper Elementary School, Palombi Middle School, and Grayslake North High School.

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