J
Seller's Agent in 2020
Jeff Lang
Coldwell Banker Realty
20822 W Verona Ave Lake Villa, IL 60046
Venetian Village NeighborhoodEstimated Value: $325,000
7
Beds
4
Baths
375
Sq Ft
$867/Sq Ft
Est. Value
Highlights
- Waterfront
- B.J. Hooper Elementary School Rated A-
- Heating System Uses Steam
About This Home
As of July 202020822 W. Verona Ave. 4 units in this building. This property is a money maker two ways, tenant income or tear down and build. Great income potential and cash on cash return. Situated on 2 lake front lots with 2 separate PINs on Sand Lake. Each Lot .233 acres.
Last Agent to Sell the Property
Jeff Lang
Coldwell Banker Realty License #475142737 Listed on: 01/23/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,986
Year Renovated
- 1970
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 100 x 185
- Waterfront
- Additional Parcels
Home Design
- Frame Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Partial Basement
Parking
- 8 Parking Spaces
- Uncovered Parking
- Off-Street Parking
- Parking Space is Owned
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Shared Well
- Shared Septic
Community Details
Overview
- 4 Units
Building Details
- Gross Income $30,900
- Net Operating Income $19,090
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2020
Closed on
Jul 2, 2020
Sold by
Mordini James
Bought by
Ardelean Sorin Gabriel
Seller's Agent
Jeff Lang
Coldwell Banker Realty
Buyer's Agent
Arslan Butt
Canvas Properties
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,000
Avg. Annual Appreciation
7.87%
Original Mortgage
$264,715
Outstanding Balance
$238,901
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$80,099
Purchase Details
Closed on
Oct 4, 2010
Sold by
Sunrise Shores Inc
Bought by
Mordini James
Purchase Details
Closed on
Oct 27, 2009
Sold by
The Old Second National Bank Of Aurora
Bought by
Sunrise Shores Inc
Purchase Details
Closed on
Jul 14, 2005
Sold by
Kirch Edward
Bought by
The Old Second National Bank Of Aurora and Trust #9555
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ardelean Sorin Gabriel | $215,000 | First American Title | |
| Mordini James | $180,000 | Ct | |
| Sunrise Shores Inc | -- | None Available | |
| The Old Second National Bank Of Aurora | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ardelean Sorin Gabriel | $264,715 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2020 07/02/20 | Sold | $215,000 | -4.4% | $573 / Sq Ft |
| 01/27/2020 01/27/20 | Pending | -- | -- | -- |
| 01/23/2020 01/23/20 | For Sale | $225,000 | 0.0% | $600 / Sq Ft |
| 07/01/2016 07/01/16 | Rented | $600 | 0.0% | -- |
| 06/24/2016 06/24/16 | Under Contract | -- | -- | -- |
| 05/27/2016 05/27/16 | For Rent | $600 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,691 | $76,899 | $23,810 | $53,089 |
| 2023 | $4,276 | $67,944 | $21,037 | $46,907 |
| 2022 | $4,276 | $42,403 | $17,594 | $24,809 |
| 2021 | $4,145 | $39,390 | $16,344 | $23,046 |
| 2020 | $2,878 | $25,682 | $12,280 | $13,402 |
| 2019 | $2,936 | $24,682 | $11,802 | $12,880 |
| 2018 | $3,279 | $27,978 | $13,575 | $14,403 |
| 2017 | $3,198 | $27,232 | $13,213 | $14,019 |
| 2016 | $3,287 | $26,129 | $12,678 | $13,451 |
| 2015 | $3,235 | $24,404 | $11,841 | $12,563 |
| 2014 | $3,099 | $24,271 | $11,776 | $12,495 |
| 2012 | $1,713 | $24,388 | $11,833 | $12,555 |
Source: Public Records
Agents Affiliated with this Home
-
-
Arslan Butt
Buyer's Agent in 2020
Arslan Butt
Canvas Properties
(773) 267-8400
17 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10617415
APN: 06-02-301-017
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