NOT LISTED FOR SALE

24596 W Passavant Ave Round Lake, IL 60073

Estimated Value: $143,000 - $181,000

2 Beds
1 Bath
1,030 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $47,500 $46 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,124/month

5 Days on Market

Highlights

  • Community Lake
  • Ranch Style House
  • Laundry Room
  • Vaulted Ceiling
  • Corner Lot
  • Bathroom on Main Level

About This Home

As of October 2022

Only For The Brave Ones! Not Habitable. Good Opportunity For A VERY Experienced Handyperson Or VERY Experienced Investor To Fix And Flip Or Rent! Needs A Ton Of Work But Also Has Tons Of Potential, So If You Are Up For A BIG Challenge, Please Call Your Realtor To Get Access To The Inside Of The Home. Most Likely A Tear Down Or Gut Rehab. Great Location In Lovely Neighborhood, Only A Couple Of Blocks From Beautiful Motorboat Friendly Long Lake Beach And Park. Cash Only, No Mortgage Contingencies Accepted. Property Has Been Vacant Since Spring 2022 And Was Not Winterized Per Seller. Electricity, Gas And Water- Have Been Turned Off, But Not Winterized. Seller Will Not Turn On Power/Water For Inspections. No Inspection Contingency Preferred-Property Being Sold Completely As Is. Kitchen Is Torn Out, Ceiling In Living Room Is Caving In. Seller Can Only Accept Cash Offers - Offers With Financing Will Not Be Considered. Dangerous Conditions May Exist Inside The Home, So Please Use Caution In Home And Enter At Your Own Risk. Home Needs Significant Rehab. Please Note That 2021 Taxes Have Not Yet Been Paid, Seller Does Intend To Pay If Enough Proceeds From Sale But Buyer Can Request They Be Paid From Seller Proceeds At Closing Through Attorney Review. Seller Does Not Have Mortgage To Pay Off. As Is, Contract Must Say Seller Will Not Remove All Belongings Before Closing, What Is Left Stays. Seller Is In Nursing Home And Not Able To Do Anything With The Property. No Utilities Are On-So Bring Your Flashlights And Use Extreme Caution If Entering/Showing Property. Utilities And Water Will Not Be Turned On For Inspections. Will Be Sold As Is-No Warranties Implied Or Expressed. Buyer Responsible For Any And All Village Requirements. All Due Diligence Is The Buyer's Responsibility. No Soil, Perk Tests Or Pictures On File. Per Seller, Access To The Crawl Is Outside The House Under Bay Window (Side Of The House That Faces Thomas); Access To Attic Is In The Ceiling When You Enter Into The Bathroom; The Well Is Near The Flag Pole By Middle Of The Sidewalk, No Septic Tank And Property Does Not Require Flood Insurance. In The Seller's Own Words: "Lifelong Neighbors That Are Caring And Helpful. Corner Lot On The Hill. Great Developed Soil (From Over Years Of Planting/Gardening) In The Back Yard For Small Garden. Very Close To Long Lake And In Summer Everyone Is Outside Ready For A Friendly Wave When On Way To The Lake. The Front Yarn Is Perfect Size To Holiday Decorations. Big Picture Window Is Perfect For Watching Birds At Bird Feeders. " Seller's Improvements To Home Include New Furnace In 2005; Laundry Room Remodeled 1999 And Upgraded Windows In Kitchen/Dining Area. Average Utilities, Per Seller (Will Vary With Usage): Trash And Sewage $30; Electric $100; Gas On High End $200. Room Sizes Are Approximate.

Last Agent to Sell the Property

Debra Kukulski

RE/MAX Suburban License #475135332 Listed on: 10/07/2022

RE/MAX Suburban

Last Buyer's Agent

Dana Bulliner

Berkshire Hathaway HomeServices Starck Real Estate License #475200727

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1935

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 50x119
  • Corner Lot

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,030 Sq Ft Home
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Crawl Space
  • Unfinished Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Indian Hill Elementary School
  • Round Lake Middle School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Well

Community Details

  • Fixer/Teardown/As Is
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,653

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1935
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • 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

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1030
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1030
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1030
  • Total Sq Ft: 1030
  • Attic: Unfinished
  • Main Level Sq Ft: 1030
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 40000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Gravel
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Steam
  • Laundry Features: In Unit
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Indian Hill Elementary School
  • Middle/Junior School: Round Lake Middle School
  • Middle/Junior School District: 116

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1377
  • Lot Dimensions: 50X119
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U
  • Zero Lot Line: No

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1652.8
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Oct 25, 2022
Sold by
Turner Mavis A
Bought by
Best Lake Homes Llc
Seller's Agent
Debra Kukulski
RE/MAX Suburban
Buyer's Agent
Dana Bulliner
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$40,000
Sold Price
$47,500
Premium/Discount to List
$7,500
18.75%
Views
3
Current Estimated Value
$166,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,800
Avg. Annual Appreciation
51.43%

Purchase Details

Closed on
Nov 12, 2003
Sold by
Turner Allen and Turner Mavis A
Bought by
Turner Mavis A
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
Best Lake Homes Llc $47,500 --
Turner Mavis A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turner Allen $16,600
Previous Owner Turner Allen $18,441
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $47,500 +18.8% $46 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $40,000 -15.8% $39 / Sq Ft
10/07/2022 10/07/22 Off Market $47,500 -- --
10/07/2022 10/07/22 For Sale $40,000 -- $39 / Sq Ft
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 $2,567 $34,820 $8,412 $26,408
2023 $1,511 $30,434 $7,352 $23,082
2022 $1,511 $28,580 $6,316 $22,264
2021 $1,593 $27,470 $6,071 $21,399
2020 $808 $24,638 $5,858 $18,780
2019 $812 $22,855 $5,620 $17,235
2018 $912 $19,118 $4,312 $14,806
2017 $856 $17,983 $4,056 $13,927
2016 $1,366 $16,600 $3,744 $12,856
2015 $1,275 $15,165 $3,420 $11,745
2014 $2,546 $24,830 $5,047 $19,783
2012 $2,575 $25,932 $5,271 $20,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11647877

Midwest Real Estate Data (MRED)

APN: 06-18-313-011