NOT LISTED FOR SALE

Estimated Value: $496,000 - $616,426

0.18 Acre
$2,968,650 Price per Acre
7,841 Sq Ft Lot

Last Sold February 03, 2017

Last sale price $94,000

Est. 468% increase in value since last sale

Current estimated payment $4,019/month

49 Days on Market

About This Lot

As of February 2017

Looking for the perfect lot for your dream home? Your search ends here in this rarely available opportunity in Sylvan Lake! Wake up every day to breathtaking sights of nature in this exclusive lot. Perfect as a holiday retreat, this home is ideally positioned with a secluded lakefront. Imagine your dream home nestled with incomparable views with wooded lot and a private beach. All yours including full lake rights perfect for fishing, boating, swimming and more! Peaceful and tranquil scenery everywhere. Hurry and be part of this wonderful Sylvan Lake community!

Last Agent to Sell the Property

Helen Oliveri

Helen Oliveri Real Estate License #471001015 Listed on: 11/01/2016

Last Buyer's Agent

Krystyna Fritz

@properties Christie's International Real Estate License #475169107

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,225

Year Built

  • 2018

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$12,225

Year Built

2018

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Potential Use: Residential-Single Family
  • Utilities To Site: Electric Nearby, Gas to Site, Sanitary Sewer Nearby, Sewer-Storm Available, Well-Community
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Interior Features

  • Land Description: Pond/Lake, Sloping, Wooded, Walk-out
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Waterfront: Yes
  • Acreage: 0.18
  • Frontage Access: Public Road
  • Front Footage: 55

Schools

  • School District: 120
  • Elementary School: FREMONT ELEMENTARY SCHOOL
  • Middle School: FREMONT MIDDLE SCHOOL
  • High School: MUNDELEIN CONS HIGH SCHOOL
  • Junior High Dist: 79

Lot Info

  • Lot Dimensions: 55X100X93X175
  • Estimated Land Sq Ft: 8060
  • Land Amenities: Pond/Lake
  • Parcel Identification Number: 10344120470000

Tax Info

  • Taxes: 2747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Feb 3, 2017
Sold by
Khan Sabiha S
Bought by
Ben Farb Revocable Trust and Lois C Farn Revocable Trust
Seller's Agent
Helen Oliveri
Helen Oliveri Real Estate
Buyer's Agent
Krystyna Fritz
@properties Christie's International Real Estate
List Price
$99,000
Sold Price
$94,000
Premium/Discount to List
-$5,000
-5.05%
Total Days on Market
49
Current Estimated Value
$534,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,357
Avg. Annual Appreciation
22.84%

Purchase Details

Closed on
Feb 25, 2005
Sold by
Stores Carolina
Bought by
Khan Sabiha and Khan Khurshid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 1997
Sold by
Stores Carolina L and Stores Cynthia
Bought by
Stores Carolina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.43%
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
Ben Farb Revocable Trust $94,000 Ct
Khan Sabiha $155,000 --
Stores Carolina L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ben Farb Revocable Trust $288,000
Closed Farb Lois C $306,000
Closed Ben Farb Revocable Trust $448,800
Previous Owner Khan Sabiha $62,000
Previous Owner Stores Carolina L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2017 02/03/17 Sold $94,000 -5.1% --
12/20/2016 12/20/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $99,000 -- --
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 $12,225 $197,477 $41,696 $155,781
2023 $12,225 $172,323 $36,385 $135,938
2022 $11,046 $151,508 $34,405 $117,103
2021 $10,521 $146,201 $33,200 $113,001
2020 $10,519 $142,177 $32,286 $109,891
2019 $10,156 $137,502 $31,224 $106,278
2018 $2,844 $36,136 $36,136 $0
2017 $2,808 $34,999 $34,999 $0
2016 $2,765 $33,241 $33,241 $0
2015 $2,747 $31,162 $31,162 $0
2014 $2,654 $29,424 $29,424 $0
2012 $2,867 $32,962 $32,962 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09379932

Midwest Real Estate Data (MRED)

APN: 10-34-412-047