NOT LISTED FOR SALE

Estimated Value: $858,967 - $940,000

4 Beds
4 Baths
2,342 Sq Ft
$380/Sq Ft Est. Value

Last Sold July 07, 2014

Last sale price $475,000 $203 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,036/month

55 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Home Office
  • South Park Elementary School Rated A
  • Bonus Room
  • Walk-In Pantry

About This Home

As of July 2014

GREAT OPPORTUNITY TO OWN A REO-BANK OWNED PROPERTY IN THORNGATE! Premium Lot w Pond View. 4 Bed 3.1 Bath Ranch w Fin Bmt, Kit w 42" Cabinets & Island, Master Ste. w Soaker Tub & Sep Shower, Lovely patio in rear to enjoy beautiful pond view. PROPERTY SOLD "AS-IS" SELLER WILL MAKE NO REPAIRS OR PROVIDE BILL OF SALE FOR APPLIANCES. Hurry Won't Last Long! Please Ask Clients To Be Patient & Allow Time For Seller Response

Last Agent to Sell the Property

Willie Simpson

RE/MAX Plaza License #475132200 Listed on: 03/19/2014

RE/MAX Plaza

Last Buyer's Agent

Sharon Kessel

Coldwell Banker Realty License #471000659

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1995

Lot Details

  • 10,454

HOA Fees

  • $125 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Rolled Roof
  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Home Office
  • Bonus Room
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1995

Lot Details

10,454 Sq Ft Lot

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 26X16, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Sump Pump
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X7, On Level: Main Level
  • Dining Room: Dimensions: 15X11, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island, Pantry-Closet
  • Additional Rooms: Bonus, Office
  • Master Bedroom: Dimensions: 18X15, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 12X10, On Level: Basement, Flooring: Other
  • Additional Room 2 Name: Bonus, Dimensions: 11X13, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Other, Dimensions: 10X10, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 17X12, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 2342
  • Dining Room Type: Separate
  • Family Room: Dimensions: 46X23, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Patio
  • Acreage: 0.24

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Includes: Common Insurance
  • Assessment Association Fees: 125
  • Management Contact Name: Rick Stanley
  • Management Phone: 847-484-2125

Fee Information

  • Management Company: Foster Priemier

Schools

  • Junior High Dist: 109

Lot Info

  • Lot Dimensions: 56.64 X 135.15 X94.35 X 138.25
  • Parcel Identification Number: 16311100020000

Tax Info

  • Taxes: 13053.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2014
Closed on
Jul 7, 2014
Sold by
Seaway Bank & Trust Company
Bought by
Rachamalla Praveen and Narisetty Praveena
Seller's Agent
Willie Simpson
RE/MAX Plaza
Buyer's Agent
Sharon Kessel
Coldwell Banker Realty
List Price
$547,000
Sold Price
$475,000
Premium/Discount to List
-$72,000
-13.16%
Current Estimated Value
$890,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,992
Avg. Annual Appreciation
5.56%
Original Mortgage
$380,000
Outstanding Balance
$290,420
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$600,572

Purchase Details

Closed on
Aug 7, 2013
Sold by
Lake County Sheriff
Bought by
Seaway Bank And Trust Co

Purchase Details

Closed on
Jun 30, 2004
Sold by
Helfand Martin D and Helfand Hannah
Bought by
Mednicov Gary and Mednicov Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1995
Sold by
Cole Taylor Bank
Bought by
Helfand Martin D and Helfand Hannah

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
8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Rachamalla Praveen $475,000 Chicago Title Insurance Co
Seaway Bank And Trust Co -- None Available
Mednicov Gary $650,000 Attorneys Title Guaranty Fun
Helfand Martin D $354,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rachamalla Praveen $380,000
Previous Owner Mednicov Gary $585,000
Previous Owner Helfand Martin D $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2014 07/07/14 Sold $475,000 -13.2% $203 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $547,000 -- $234 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $15,853 $205,258 $77,274 $127,984
2023 $17,674 $223,248 $74,159 $149,089
2022 $13,334 $167,421 $81,199 $86,222
2021 $12,506 $161,417 $78,287 $83,130
2020 $11,989 $161,757 $78,452 $83,305
2019 $11,485 $161,483 $78,319 $83,164
2018 $12,084 $175,680 $83,012 $92,668
2017 $11,991 $175,119 $82,747 $92,372
2016 $11,639 $168,497 $79,618 $88,879
2015 $11,434 $192,614 $74,808 $117,806
2014 $13,354 $178,916 $75,344 $103,572
2012 $13,054 $177,337 $74,679 $102,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08564225

Midwest Real Estate Data (MRED)

APN: 16-31-110-002

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