NOT LISTED FOR SALE

234 Holiday Dr Somonauk, IL 60552

Estimated Value: $462,887 - $576,000

0.53 Acre
$976,834 Price per Acre
23,087 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $105,000

Est. 393% increase in value since last sale

Current estimated payment $3,745/month

170 Days on Market

About This Lot

As of December 2020

AFFORDABLE WATERFRONT LOT! Now is your chance to upgrade to waterfront life! Mature lot located on a secluded inlet allows for great fishing and a relaxing area for you to enjoy swimming, accessing your boat/lake toys, etc. A short cruise takes you to one of the widest openings of the lake w/ views of such from lot 234! Mostly flat lot with a gentle, walk-able slope to the water's edge that also features a flat green area for lakeside enjoyment. Tree lined street frontage provides privacy and is just awaiting your dream home plans! HOA fees for vacant lot are $751/yr. (Boat dock/lift in photos are NOT included in sale) - "Be On Vacation Every Day of the Year!"

Last Agent to Sell the Property

Nicole Lorenzen

Lake Holiday Homes, Inc License #471020046 Listed on: 05/08/2020

Last Buyer's Agent

Valleri Wathen

Coldwell Banker Real Estate Group License #475181947

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,161

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$11,161

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Ownership: Fee Simple w/ HO Assn.
  • Current Use: Residential-Single Family
  • Subdivision Lot Number: 234
  • Utilities To Site: Electric to Site, Gas to Site, Septic System Required, Water-Nearby, Water-Private Company
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Pond/Lake, Wooded
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .25-.49 Acre
  • Waterfront: Yes
  • Acreage: 0.53
  • Frontage Access: Private Road
  • Front Footage: 121

Schools

  • School District: 432
  • Junior High Dist: 432

Lot Info

  • Lot Dimensions: 121 X 290 X 47 X 280
  • Land Amenities: Clubhouse, Garbage Removal, Pond/Lake, Water Rights
  • Parcel Identification Number: 0508207004

Tax Info

  • Taxes: 3491.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Reichardt Regina M and Reichardt William A
Bought by
Reichardt Regina M and William A Reichardt Living Trust
Current Estimated Value
$517,722

Purchase Details

Listed on
May 8, 2020
Closed on
Dec 16, 2020
Sold by
Zochalski Jeffery and Zochalski Francine
Bought by
Reichardt William A and Reichardt Rgeina M
Seller's Agent
Nicole Lorenzen
Lake Holiday Homes, Inc
Buyer's Agent
Valleri Wathen
Coldwell Banker Real Estate Group
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.98%
Original Mortgage
$336,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 6, 2006
Sold by
Rogers Ronald
Bought by
Zochalski Jeffery and Zochalski Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,250
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Reichardt Regina M -- None Available
Reichardt William A $105,000 Wheatland Title
Zochalski Jeffery $164,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reichardt William A $50,000
Previous Owner Reichardt William A $338,763
Previous Owner Reichardt William A $336,000
Previous Owner Zochalski Jeffery $148,250
Previous Owner Rogers Ronald J $107,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $105,000 -8.6% --
10/25/2020 10/25/20 Pending -- -- --
10/06/2020 10/06/20 Price Changed $114,900 +4.5% --
07/12/2020 07/12/20 Price Changed $109,900 +4.7% --
05/08/2020 05/08/20 For Sale $105,000 -- --
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 $11,161 $158,801 $54,325 $104,476
2023 $10,448 $139,177 $47,612 $91,565
2022 $10,030 $129,527 $44,311 $85,216
2021 $5,753 $68,878 $41,599 $27,279
2020 $3,384 $40,664 $40,664 $0
2019 $3,257 $38,333 $38,333 $0
2018 $3,492 $40,456 $40,456 $0
2017 $3,487 $39,122 $39,122 $0
2016 $3,419 $38,183 $38,183 $0
2015 $3,308 $36,285 $36,285 $0
2012 -- $39,326 $39,326 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10709439

Midwest Real Estate Data (MRED)

APN: 05-08-207004