NOT LISTED FOR SALE

263 Banbury Rd Unit 2 Mundelein, IL 60060

Loch Lomond Neighborhood

Estimated Value: $685,000 - $842,000

4 Beds
3 Baths
3,395 Sq Ft
$219/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $665,000 $196 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,320/month

About This Home

As of November 2023

Welcome to 263 Banbury Rd, Mundelein, IL 60060! This spectacular lakefront single-family home with panoramic lake views is a true gem nestled in a highly sought-after neighborhood. The house is an architectural marvel, boasting a unique open floor plan that's both spacious and inviting. Step inside to discover 3395 sq. ft. of living space featuring 4 generously sized bedrooms and 3 fully renovated baths. A Craftsman front door with stained glass welcomes you into this beautiful home, leading into a living space accentuated with beautiful moldings and trim. The balcony extends across the full lakeside of the house, providing a serene spot to enjoy the stunning lake views and soak in the tranquility of the surroundings. On the lower level, you'll find a walkout beautifully updated with new flooring, kitchen cabinets, granite counters, and a Sub Zero refrigerator/freezer that are sure to impress any home chef, offering additional space for entertaining or relaxation. Not only has the kitchen been tastefully updated, but the laundry room has also received modern upgrades for your convenience. The house also features a 2-car garage, providing ample space for parking and storage. Plus, the addition of solar panels contributes to substantial electricity cost savings, enhancing the home's energy efficiency. Outside, a dock awaits, perfect for those who love boating or fishing. The property comes with access to two private beaches and a park in the subdivision, offering endless opportunities for outdoor fun. Enjoy the beauty and recreation offered by the 75-acre Lock Lomond Lake. Experience the best of suburban living at 263 Banbury Rd, where every detail is designed for comfort and enjoyment. Don't miss out on the chance to call this wonderful property your home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Gautsch Michael Joseph
Bought by
Michael Gautsch Living Trust and Gautsch
Current Estimated Value
$743,902

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 3, 2023
Sold by
Schneeberger Roy and Schneeberger Maysa
Bought by
Gautsch Michael Joseph
Seller's Agent
Nick Tanev
Venat Properties LLC
Buyer's Agent
Nancy Keogh
Redfin Corporation
List Price
$689,995
Sold Price
$665,000
Premium/Discount to List
-$24,995
-3.62%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$365,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2014
Closed on
Oct 29, 2014
Sold by
Mueller Thomas J and Thomas J Mueller Living Trust
Bought by
Schneeberger Roy S and Schneeberger Maysa
Seller's Agent
Marsha Janaes-Giesler
Baird & Warner
Buyer's Agent
Bradley Cole
Castline Properties LLC
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$340,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2011
Sold by
Mueller Thomas J
Bought by
Mueller Thomas J and The Thomas J Mueller Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,575
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2011
Sold by
Mueller Thomas J
Bought by
Mueller Thomas J and The Thomas J Mueller Living Tr

Purchase Details

Closed on
Dec 2, 2002
Sold by
Repke Paul W and Repke Anna Mae
Bought by
Mueller Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Interest Rate
5.25%

Purchase Details

Closed on
Dec 12, 1995
Sold by
Repke Paul W and Repke Anna Mae
Bought by
Repke Paul W and Paul W Repke Revocable Trust
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
Michael Gautsch Living Trust -- None Listed On Document
Gautsch Michael Joseph $665,000 Greater Illinois Title
Schneeberger Roy S $425,000 First American Title
Mueller Thomas J -- None Available
Mueller Thomas J -- None Available
Mueller Thomas J -- None Available
Mueller Thomas J $447,500 --
Repke Paul W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gautsch Michael Joseph $365,000
Previous Owner Schneeberger Roy S $340,000
Previous Owner Mueller Thomas J $307,575
Previous Owner Mueller Thomas J $358,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2023 11/10/23 Sold $665,000 -3.6% $196 / Sq Ft View Prior Sale
09/30/2023 09/30/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $689,995 +62.4% $203 / Sq Ft
10/29/2014 10/29/14 Sold $425,000 -5.6% $125 / Sq Ft View Prior Sale
09/09/2014 09/09/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $450,000 -- $133 / Sq Ft

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 $16,681 $192,769 $59,085 $133,684
2023 $16,681 $165,071 $50,595 $114,476
2022 $12,590 $123,030 $50,448 $72,582
2021 $12,049 $118,721 $48,681 $70,040
2020 $11,858 $115,453 $47,341 $68,112
2019 $11,482 $111,656 $45,784 $65,872
2018 $13,659 $131,510 $47,763 $83,747
2017 $13,493 $127,371 $46,260 $81,111
2016 $13,163 $120,972 $43,936 $77,036
2015 $12,859 $113,408 $41,189 $72,219
2014 $12,611 $113,296 $39,194 $74,102
2012 $12,727 $114,302 $39,542 $74,760
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nick Tanev

    Venat Properties LLC

    (312) 375-8447

    1 in this area

    11 Total Sales

    Nick Tanev
    Section Image

  • N

    Buyer's Agent in 2023

    Nancy Keogh

    Redfin Corporation

    Section Image

  • M

    Seller's Agent in 2014

    Marsha Janaes-Giesler

    Baird & Warner

  • S

    Seller Co-Listing Agent in 2014

    Sandra Feldman

    Baird & Warner

  • B

    Buyer's Agent in 2014

    Bradley Cole

    Castline Properties LLC

    Section Image
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Map

Illinois Lake County Mundelein 60060 Loch Lomond

263 Banbury Rd Unit 2, Mundelein, IL

This home is located at 263 Banbury Rd Unit 2, Mundelein, IL 60060 and is currently estimated at $743,902, approximately $219 per square foot. 263 Banbury Rd Unit 2 is a home located in Lake County with nearby schools including Mechanics Grove Elementary School, Washington Early Learning Center, and Carl Sandburg Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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