NOT LISTED FOR SALE

261 Colonial Dr Vernon Hills, IL 60061

Gregg's Landing Neighborhood

Estimated Value: $943,000 - $1,040,000

-- Bed
5 Baths
4,050 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 261 Colonial Dr, Vernon Hills, IL 60061 and is currently estimated at $1,000,255, approximately $246 per square foot. 261 Colonial Dr is a home located in Lake County with nearby schools including Hawthorn School Of Dual Language, Hawthorn Elementary School South, and Hawthorn Middle School North.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2023
Sold by
Bunning Michael J and Bunning Christian R
Bought by
Michael J Bunning Trust and Christian R Bunning Trust
Current Estimated Value
$1,000,255

Purchase Details

Closed on
Jul 15, 2004
Sold by
Braun Ray and Garske Linda
Bought by
Bunning Michael J and Bunning Christian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 2003
Sold by
Augusta Green Vernon Hills Llc
Bought by
Braun Ray and Garske Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.4%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Michael J Bunning Trust -- None Listed On Document
Bunning Michael J $720,000 Chicago Title Insurance Comp
Braun Ray $653,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bunning Michael J $576,000
Previous Owner Bunning Michael J $576,000
Previous Owner Bunning Michael J $36,000
Previous Owner Braun Ray $150,000
Previous Owner Braun Ray $515,000
Previous Owner Braun Ray $510,000
Source: Public Records

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 $23,137 $277,145 $60,910 $216,235
2023 $23,137 $255,622 $56,180 $199,442
2022 $19,611 $216,085 $58,694 $157,391
2021 $18,775 $211,434 $57,431 $154,003
2020 $18,101 $207,879 $56,465 $151,414
2019 $19,918 $231,692 $55,928 $175,764
2018 $20,354 $237,068 $64,824 $172,244
2017 $19,751 $229,583 $62,777 $166,806
2016 $20,037 $229,583 $59,521 $170,062
2015 $19,773 $214,583 $55,632 $158,951
2014 $19,555 $207,393 $54,887 $152,506
2012 $18,592 $209,192 $55,363 $153,829
Source: Public Records

Map

Illinois Lake County Vernon Hills 60061 Gregg's Landing

261 Colonial Dr, Vernon Hills, IL

This home is located at 261 Colonial Dr, Vernon Hills, IL 60061 and is currently estimated at $1,000,255, approximately $246 per square foot. 261 Colonial Dr is a home located in Lake County with nearby schools including Hawthorn School Of Dual Language, Hawthorn Elementary School South, and Hawthorn Middle School North.

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