NOT LISTED FOR SALE

21821 W 3rd St Lake Villa, IL 60046

Estimated Value: $196,000 - $224,000

2 Beds
1 Bath
1,024 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $181,000 $177 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,519/month

3 Days on Market

Highlights

  • Community Lake
  • Home Office
  • 2 Car Detached Garage
  • Lakes Community High School Rated A
  • Formal Dining Room
  • 1-Story Property

About This Home

As of December 2023

Located in Lake Villa (approx. one hour north of Chicago. Cute 2 bedroom cottage/ranch on a large wooded lot. Close to shopping including Gurnee Mills and Six Flags Amuse Park. Nice starter home to live in year round or use as a summer get-away home. To be sold "as-is".

Last Agent to Sell the Property

Mary Kay Notter

Charles Rutenberg Realty of IL License #475122912 Listed on: 11/01/2023

Charles Rutenberg Realty of IL

Last Buyer's Agent

Mary Hoffman

Baird & Warner License #475191660

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,254

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x140

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Home Office

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Well
  • Private or Community Septic Tank

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,254

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1024
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 171000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Window/Wall Unit - 1
  • Heating: Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 34

Lot Info

  • Lot Dimensions: 50X140
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3254.38
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 13, 2023
Sold by
Frances M Horn Trust
Bought by
Reynolds Christopher P
Seller's Agent
Mary Kay Notter
Charles Rutenberg Realty of IL
Buyer's Agent
Mary Hoffman
Baird & Warner
List Price
$171,000
Sold Price
$181,000
Premium/Discount to List
$10,000
5.85%
Views
31
Current Estimated Value
$208,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,543
Avg. Annual Appreciation
8.00%
Original Mortgage
$171,950
Outstanding Balance
$169,030
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$39,513

Purchase Details

Closed on
Dec 14, 2001
Sold by
Horn Frances M
Bought by
Horn Frances M and The Frances M Horn Trust
Source: Public Records

Range of Values:

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Average Value
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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
Reynolds Christopher P $181,000 None Listed On Document
Horn Frances M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Christopher P $171,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $181,000 +5.8% $177 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $171,000 -- $167 / 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 $4,952 $55,440 $6,269 $49,171
2023 $3,254 $48,984 $5,539 $43,445
2022 $3,254 $42,602 $5,680 $36,922
2021 $1,141 $39,574 $5,276 $34,298
2020 $1,155 $38,306 $5,107 $33,199
2019 $1,226 $36,815 $4,908 $31,907
2018 $1,209 $31,642 $5,489 $26,153
2017 $1,191 $30,799 $5,343 $25,456
2016 $1,280 $29,552 $5,127 $24,425
2015 $1,321 $27,600 $4,788 $22,812
2014 $1,248 $29,702 $4,762 $24,940
2012 $1,234 $29,845 $4,785 $25,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11921811

Midwest Real Estate Data (MRED)

APN: 02-34-119-012