NOT LISTED FOR SALE

2503 S Scheid Ln McHenry, IL 60051

Estimated Value: $159,000 - $178,000

3 Beds
1 Bath
700 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $140,000 $200 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,157/month

Highlights

  • Community Lake
  • Wood Flooring
  • Living Room
  • Ranch Style House
  • Cul-De-Sac
  • Laundry Room

About This Home

As of June 2022

Just a minute walk to Lake Griswalk on a private quiet street, Cool Cottage Escape for the weekend, Live the lake lifestyle year-round or Rent out as a Vacation Rental or Air B & B (High Demand) Quiet no traffic street ends at the lake, Updated siding, Roof 10 years New, thermopane windows, storm doors, 23 X 10 Deck is only 5 years old, Your Carport holds 2 cars, in tandem and the driveway can fit 2 also, So 4 total parking areas for you, Replaced the furnace, and central air in 2000. New 50 Gallon Water heater 1 year old, Water softener less than 5 years old, Washer & Dryer included, 10 minutes away from the from 5 closest park areas, Short drive from 3 conservation Areas, You'll love this Lake House..... Such a Quiet and Peacefull Neighborhood

Last Agent to Sell the Property

Frank Kresz

Charles Rutenberg Realty of IL License #475100464 Listed on: 05/20/2022

Charles Rutenberg Realty of IL

Last Buyer's Agent

Elizabeth Trevino Martinez

@properties Christie's International Real Estate License #475172559

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,831

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 41 x 100
  • Cul-De-Sac
  • Paved or Partially Paved Lot

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Asphalt Roof

Interior Spaces

  • 700 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • Griswold Lake Hills Subdivision, Ranch Floorplan
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,831

Year Built

Built in 1950

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
  • Subdivision Name: Griswold Lake Hills
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 700
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Pillar/Post/Pier
  • List Price: 119000
  • Lot Features: Cul-De-Sac
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Private Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 41 X 100
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4831
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 30, 2022
Sold by
Lipnisky Timothy J
Bought by
Pacheco Maria Petra
Seller's Agent
Frank Kresz
Charles Rutenberg Realty of IL
Buyer's Agent
Elizabeth Trevino Martinez
@properties Christie's International Real Estate
List Price
$119,000
Sold Price
$140,000
Premium/Discount to List
$21,000
17.65%
Current Estimated Value
$173,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,004
Avg. Annual Appreciation
6.69%
Original Mortgage
$112,000
Outstanding Balance
$106,564
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$66,440

Purchase Details

Closed on
Feb 2, 2001
Sold by
Lyles Shirley
Bought by
Lipnisky Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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
Pacheco Maria Petra $140,000 Fidelity National Title
Lipnisky Timothy J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Maria Petra $112,000
Previous Owner Lipnisky Timothy J $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $140,000 +17.6% $200 / Sq Ft
05/21/2022 05/21/22 For Sale $119,000 -- $170 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
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 $2,836 $35,648 $13,897 $21,751
2023 $2,778 $31,969 $12,463 $19,506
2022 $2,609 $29,235 $11,397 $17,838
2021 $2,512 $27,409 $10,685 $16,724
2020 $2,497 $26,588 $10,365 $16,223
2019 $2,439 $25,279 $9,855 $15,424
2018 $2,036 $18,955 $9,256 $9,699
2017 $2,008 $18,160 $8,868 $9,292
2016 $1,984 $17,327 $8,461 $8,866
2013 -- $26,377 $8,053 $18,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11404807

Midwest Real Estate Data (MRED)

APN: 15-17-154-004