NOT LISTED FOR SALE

Estimated Value: $472,000 - $559,000

3 Beds
3 Baths
1,499 Sq Ft
$350/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $350,000 $233 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,800/month

11 Days on Market

Highlights

  • Water Views
  • Second Kitchen
  • Deck
  • Lakes Community High School Rated A
  • Property fronts a channel
  • Double Oven

About This Home

As of October 2020

Welcome to 25360 W Dering Lane in Lake Villa! This Channel Front Home Leads to Petite Lake and Access to The Chain For Further Enjoyment & Exploration! The property extends approximately 15-20 from the shore line into the water. The Home Features 3 Bedrooms, 3 Full Bathrooms, Large Living Room & Dining Room, Kitchen with Abundant Cabinet/Counter Space, All Appliances Included, Huge Lower Level Family Room with Wood Burning Fireplace, Wet Bar, Great Space for Entertaining, Slider to Concrete Patio, 2nd Kitchen & Laundry Room, 2 Car Attached Garage, Huge Deck/Balcony with Awesome Views of the Channel & Petite Lake and Channel Pier! Great Potential Here with Access to All The Chain Has to Offer! Pier Included! Boat Shed has electricity! Seller is Selling Entire Property As-Is! The dishwasher, water softener and intercom Also As-Is. A Must See!

Last Agent to Sell the Property

Michelle Nunez

Baird & Warner License #475138042 Listed on: 09/11/2020

Baird & Warner

Co-Listed By

Frankie Nunez

Baird & Warner License #475138043

Last Buyer's Agent

Delia Hamlin

Kale Realty License #475180019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,238

Year Built

  • 1972

Lot Details

  • Property fronts a channel

HOA Fees

  • $4 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Blinds
  • Water Views
  • Storm Screens

Kitchen

  • Second Kitchen
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Rights
  • Well
  • Water Softener is Owned

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,238

Year Built

1972

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1972
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Interior Property Features: Bar-Wet, Walk-In Closet(s), Drapes/Blinds
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Owned, Gas Cooktop, Gas Oven, Range Hood
  • Equipment: Humidifier, Water-Softener Owned, Intercom, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 17X11, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Additional Rooms: 2nd Kitchen
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 1 Name: 2nd Kitchen, Dimensions: 12X10, On Level: Lower, Flooring: Vinyl, Windows: None
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X17, On Level: Lower, Flooring: Carpet, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Deck, Patio, Storms/Screens
  • Acreage: 0.4107

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, Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 50

Schools

  • School District: 117
  • Junior High Dist: 41

Lot Info

  • Lot Dimensions: 14707
  • Lot Description: Channel Front, Water Rights, Water View, Waterfront Lot
  • Parcel Identification Number: 01362010210000

Tax Info

  • Taxes: 9807.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 21, 2020
Sold by
Sollmann Adam and Therese Severud Trust
Bought by
Hamlin Delia
Seller's Agent
Michelle Nunez
Baird & Warner
Buyer's Agent
Delia Hamlin
Kale Realty
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$524,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,633
Avg. Annual Appreciation
7.31%
Original Mortgage
$245,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2018
Sold by
Sollmann Adam
Bought by
Severud Therese and Therese Severud Trust

Purchase Details

Closed on
Jun 26, 2017
Sold by
Severud Therese
Bought by
Sollmann Adam and Adam Sollmann Trust

Purchase Details

Closed on
Dec 8, 2016
Sold by
Severud Therese
Bought by
Therese Severud Trust
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
Hamlin Delia $350,000 First American Title
Severud Therese -- Fidelity National Title
Sollmann Adam -- Attorney
Therese Severud Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamlin Delia $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $350,000 0.0% $233 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $350,000 -- $233 / 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 $11,238 $135,357 $39,379 $95,978
2023 $10,815 $119,594 $34,793 $84,801
2022 $10,815 $112,560 $37,259 $75,301
2021 $10,291 $104,561 $34,611 $69,950
2020 $8,993 $101,211 $33,502 $67,709
2019 $9,808 $97,272 $32,198 $65,074
2018 $8,381 $101,784 $41,610 $60,174
2017 $6,570 $99,069 $40,500 $58,569
2016 $6,989 $95,057 $38,860 $56,197
2015 $7,269 $88,780 $36,294 $52,486
2014 $7,189 $97,523 $34,984 $62,539
2012 $6,263 $97,994 $35,153 $62,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10854180

Midwest Real Estate Data (MRED)

APN: 01-36-201-021