NOT LISTED FOR SALE

Estimated Value: $512,000 - $901,000

0.16 Acre
$3,961,775 Price per Acre
6,970 Sq Ft Lot

Last Sold March 23, 2018

Last sale price $50,000

Est. 1,168% increase in value since last sale

Current estimated payment $4,173/month

454 Days on Market

About This Lot

As of March 2018

Vacant Lot #26 on Overhill Drive in Unincorporated Forest Lake Subdivision * Nice & Flat with No Trees * Check with Lake County Zoning & Building for Construction Rules * Lake Community with 42 Acre Private Lake * You Can use Electric Motors so Many Folks have Pontoon Boats * Great Community * Not Many Nice Lots Left * Property has Access to Lake County Sewers & Must Put in Private Well

Last Agent to Sell the Property

Cherie Smith Zurek

RE/MAX Suburban License #471003036 Listed on: 12/01/2016

RE/MAX Suburban

Last Buyer's Agent

Dorota Szestowicki

Landmark Realtors License #475154588

Landmark Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,892

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 40x152x50x158
  • Property is zoned SINGL

Schools

  • Spencer Loomis Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Gas Available at Street

Community Details

Overview

  • Forest Lake Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$1,892

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: FOREST LAKE
  • General Information: School Bus Service
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas Nearby

Schools

  • Elementary School: SPENCER LOOMIS ELEMENTARY SCHOOL
  • High School: LAKE ZURICH HIGH SCHOOL
  • Middle/Junior School: LAKE ZURICH MIDDLE - N CAMPUS

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 40X152X50X158
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Subdivision Lot Number: 26

Rental Info

  • Board Number: 2

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1892.36
  • Tax Year: 2016
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2019
Sold by
Bjk Holdings Llc
Bought by
Garcia Prats Joseph P and Garcia Prats Michelle
Current Estimated Value
$633,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,800
Outstanding Balance
$371,431
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$262,453

Purchase Details

Listed on
Dec 1, 2016
Closed on
Mar 23, 2018
Sold by
Vassallo Victor P
Bought by
Bjk Holdings Llc
Seller's Agent
Cherie Smith Zurek
RE/MAX Suburban
Buyer's Agent
Dorota Szestowicki
Landmark Realtors
List Price
$58,000
Sold Price
$50,000
Premium/Discount to List
-$8,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.68%

Purchase Details

Closed on
Dec 5, 2003
Sold by
Vassallo Nicholas J
Bought by
Vassallo Victor P
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
Garcia Prats Joseph P $472,000 Near North Title Group
Bjk Holdings Llc $200,000 Primary Title Services Llc
Vassallo Victor P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Prats Joseph P $424,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $50,000 -13.8% --
02/28/2018 02/28/18 Pending -- -- --
12/01/2016 12/01/16 For Sale $58,000 -- --
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 $10,264 $164,547 $29,560 $134,987
2023 $9,649 $148,266 $26,635 $121,631
2022 $9,649 $137,207 $26,119 $111,088
2021 $9,338 $133,691 $25,450 $108,241
2020 $9,161 $133,691 $25,450 $108,241
2019 $6,731 $100,336 $25,228 $75,108
2018 $1,914 $27,240 $27,240 $0
2017 $1,898 $26,912 $26,912 $0
2016 $1,892 $26,060 $26,060 $0
2015 $1,851 $24,821 $24,821 $0
2014 $1,280 $16,630 $16,630 $0
2012 $1,833 $24,923 $24,923 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09397895

Midwest Real Estate Data (MRED)

APN: 14-15-202-008