NOT LISTED FOR SALE

2131 Somerset Ln Unit 2 Mundelein, IL 60060

Town and Country Neighborhood

Estimated Value: $615,000 - $671,000

5 Beds
3 Baths
3,581 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 2131 Somerset Ln Unit 2, Mundelein, IL 60060 and is currently estimated at $640,501, approximately $178 per square foot. 2131 Somerset Ln Unit 2 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
Sep 3, 2004
Sold by
Photopoulos James
Bought by
Photopoulos James and Photopoulos Joyce
Current Estimated Value
$640,501

Purchase Details

Closed on
May 16, 2003
Sold by
Kimber Martha K and Kimber Terreance W
Bought by
Photopoulos James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 1997
Sold by
Gates Alan F
Bought by
Kimber Terreance W and Kimber Martha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
8%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 1, 1996
Sold by
Harris Bank Hinsdale
Bought by
Gates Alan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.06%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Photopoulos James -- Chicago Title Insurance Comp
Photopoulos James $394,000 Greater Illinois Title Compa
Kimber Terreance W $292,500 First American Title
Gates Alan F $262,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Photopoulos James $250,000
Previous Owner Kimber Terreance W $214,600
Previous Owner Gates Alan F $203,150
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 $13,194 $166,942 $32,909 $134,033
2023 $12,742 $152,961 $30,153 $122,808
2022 $12,742 $144,897 $31,079 $113,818
2021 $12,183 $139,821 $29,990 $109,831
2020 $12,219 $135,973 $29,165 $106,808
2019 $11,814 $131,502 $28,206 $103,296
2018 $11,430 $128,771 $28,145 $100,626
2017 $11,311 $124,718 $27,259 $97,459
2016 $11,059 $118,451 $25,889 $92,562
2015 $10,867 $111,044 $24,270 $86,774
2014 $10,166 $106,518 $23,089 $83,429
2012 $9,766 $107,464 $23,294 $84,170
Source: Public Records

Map

Illinois Lake County Mundelein 60060 Town and Country

2131 Somerset Ln Unit 2, Mundelein, IL

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