NOT LISTED FOR SALE

225 Penny Ln Grayslake, IL 60030

Estimated Value: $370,000 - $407,000

3 Beds
2.5 Baths
1,615 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $373,000 $231 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,913/month

3 Days on Market

Highlights

  • 2 Car Attached Garage
  • Meadowview School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Welcome home! You don't want to miss out on this opportunity on this spectacular split-level gem w/ finished sub basement! Spacious with cathedral ceilings which gives abundance of natural light! Finished sub basement can be perfect for an extra living space/office/kids play area. Fenced in yard with shed and deck which is perfect for the upcoming summer gatherings!. Many updates have been done which include the following: (2008) new light fixtures, window treatments, carpet, new furnace (not sure of year for furnace but estimated 2006-2008), (2011) roof replaced, (2017) new laminate floor in basement, (2020) New paint throughout the home, replaced and installed new asphalt driveway, GE dishwasher, laminate flooring on lower level entrance from garage, (2022) HD security cameras and doorbell, new siding, (2023) SS GE microwave, water heater, new storm door, new sidelight/privacy glass, (2024) new SS stove and SS refrigerator, new screen and doors to fireplace, gutters were just cleaned out. Seller has been a very caring homeowner and property has been very well maintained through the years. Beautiful home waiting to make it yours!

Last Agent to Sell the Property

Michelle Harris

Baird & Warner License #471007888 Listed on: 04/12/2024

Baird & Warner

Last Buyer's Agent

Jamie Hering

Coldwell Banker Realty License #475166016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,803

Year Built

  • Built in 1994

Lot Details

  • 6,926

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level with Sub
  • Vinyl Siding

Interior Spaces

  • 1,615 Sq Ft Home
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • English Meadows Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,803

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Subdivision Name: English Meadows
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • 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

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • LivingArea: 1615
  • Room Type: Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 345000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 6943
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 9803
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 16, 2024
Sold by
Serna Adriana
Bought by
Whitcome David Lee and Whitcome Katherine
Seller's Agent
Michelle Harris
Baird & Warner
Buyer's Agent
Jamie Hering
Coldwell Banker Realty
List Price
$345,000
Sold Price
$373,000
Premium/Discount to List
$28,000
8.12%
Views
107
Current Estimated Value
$390,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,841
Avg. Annual Appreciation
3.37%
Original Mortgage
$290,400
Outstanding Balance
$287,024
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$102,273

Purchase Details

Closed on
Jul 30, 2012
Sold by
Topper Daniel Jonathan
Bought by
Serna Adriana

Purchase Details

Closed on
Jun 17, 2005
Sold by
Follmer Siegfried and Follmer Debra A
Bought by
Serna Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 1995
Sold by
Follmer Siegfried W and Follmer Debra A
Bought by
Follmer Siegfried W and Follmer Debra A

Purchase Details

Closed on
Nov 11, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Follmer Siegfried W and Follmer Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.25%
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
Whitcome David Lee $373,000 First American Title
Serna Adriana -- None Available
Serna Adriana $254,000 Chicago Title Insurance Comp
Follmer Siegfried W -- --
Follmer Siegfried W $154,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitcome David Lee $290,400
Previous Owner Serna Adriana $200,000
Previous Owner Topper Adriana $50,409
Previous Owner Serna Adriana $30,890
Previous Owner Serna Adriana $20,645
Previous Owner Serna Adriana $203,200
Previous Owner Follmer Siegfried W $188,000
Previous Owner Follmer Siegfried W $190,000
Previous Owner Follmer Siegfried W $30,000
Previous Owner Follmer Siegfried W $165,000
Previous Owner Follmer Siegfried W $30,100
Previous Owner Follmer Siegfried W $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $373,000 +8.1% $231 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $345,000 0.0% $214 / Sq Ft
01/15/2020 01/15/20 Rented $1,750 -2.8% --
12/18/2019 12/18/19 For Rent $1,800 -- --
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 $9,440 $91,365 $20,733 $70,632
2023 $9,440 $88,266 $20,030 $68,236
2022 $9,803 $81,741 $12,405 $69,336
2021 $9,715 $78,567 $11,923 $66,644
2020 $8,030 $61,575 $11,504 $50,071
2019 $7,681 $58,408 $11,037 $47,371
2018 $8,917 $68,054 $14,697 $53,357
2017 $8,890 $64,015 $13,825 $50,190
2016 $8,589 $59,093 $12,762 $46,331
2015 $8,439 $53,986 $11,659 $42,327
2014 $8,557 $54,721 $11,347 $43,374
2012 $7,552 $57,150 $11,851 $45,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12026701

Midwest Real Estate Data (MRED)

APN: 06-22-202-028