NOT LISTED FOR SALE

Estimated Value: $486,000 - $650,000

3 Beds
3 Baths
2,442 Sq Ft
$227/Sq Ft Est. Value

About This Home

This home is located at 2211 Somerset Ln, Mundelein, IL 60060 and is currently estimated at $554,239, approximately $226 per square foot. 2211 Somerset Ln 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
Feb 9, 2009
Sold by
Ellis Paul A and Padalino Teresa
Bought by
Ellis Paul A and Ellis Teresa A
Current Estimated Value
$554,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Outstanding Balance
$199,901
Interest Rate
4.91%
Mortgage Type
New Conventional
Estimated Equity
$354,338

Purchase Details

Closed on
Dec 10, 2006
Sold by
Small Troy D and Wyatt Small Christa R
Bought by
Ellis Paul A and Padalino Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2003
Sold by
National Residential Nominee Svcs Inc
Bought by
Small Troy D and Wyatt Small Christa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,150
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
Turner Charles D and Turner Deborah W
Bought by
National Residential Nominee Svcs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,150
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2001
Sold by
Gu Zhijie and Gu John
Bought by
Turner Charles D and Turner Deborah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4%

Purchase Details

Closed on
Jun 24, 1999
Sold by
Flasch Gregory W and Flasch Grace
Bought by
Gu Zhijie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.87%

Purchase Details

Closed on
Jul 24, 1998
Sold by
Yee George W and Yee Amy
Bought by
Flasch Gregory W and Flasch Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.05%

Purchase Details

Closed on
Dec 10, 1995
Sold by
Harris Bank Hinsdale
Bought by
Yee George W and Yee Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
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

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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
Ellis Paul A -- First American Title
Ellis Paul A $340,000 1St American Title
Small Troy D $343,500 --
National Residential Nominee Svcs Inc $343,500 --
Turner Charles D $304,000 --
Gu Zhijie $260,000 Ticor Title
Flasch Gregory W $235,000 --
Yee George W $221,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Paul A $319,500
Previous Owner Ellis Paul A $323,000
Previous Owner Small Troy D $309,150
Previous Owner Turner Charles D $200,000
Previous Owner Gu Zhijie $247,000
Previous Owner Flasch Gregory W $185,000
Previous Owner Yee George W $210,000
Closed Small Troy D $17,100
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 $10,340 $132,714 $32,909 $99,805
2023 $10,023 $121,600 $30,153 $91,447
2022 $10,023 $115,264 $31,079 $84,185
2021 $9,580 $111,226 $29,990 $81,236
2020 $9,605 $108,165 $29,165 $79,000
2019 $9,284 $104,608 $28,206 $76,402
2018 $9,306 $105,978 $28,145 $77,833
2017 $9,208 $102,642 $27,259 $75,383
2016 $8,997 $97,485 $25,889 $71,596
2015 $8,834 $91,389 $24,270 $67,119
2014 $8,508 $88,556 $23,089 $65,467
2012 $8,581 $89,342 $23,294 $66,048
Source: Public Records

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