NOT LISTED FOR SALE

281 W Belvidere Rd Grayslake, IL 60030

Estimated Value: $418,500

4 Beds
3 Baths
1,920 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $420,000 $219 Per Sq Ft

Current estimated payment $2,637/month

22 Days on Market

Highlights

  • Multiple Garages
  • 3.46 Acre Lot
  • Formal Dining Room
  • Grayslake Central High School Rated A
  • Farmhouse Style Home
  • Balcony

About This Home

As of August 2021

Charming 1920's farmhouse sitting on 3.46 acres. This property is truly one of a kind. Completely updated in 2020 with the most desirable style choices. All original solid wood doors and trim throughout. Custom tongue and groove cedar ceilings. Beautiful new light fixtures and perfect paint colors throughout. View breathtaking sunsets from the upstairs porch or sit out back in the newly fenced in yard. From the front porch or any of the front windows you will enjoy calming lake views. If your looking for things to do you can walk to downtown Grayslake or one of the many nature preserves. A new septic system was installed in 2019. Arlo security system stays with the home. Homeowners have a successful furniture business and love using the barn for all of their projects. The barn features a loft and half bath. This space could be used by the homeowner or rented out as income property. If you rent the barn there is an additional 3.5 car garage to use for your cars and storage. Current owners are willing to sell the furniture in the home as well so all you have to do is move in and enjoy.

Last Agent to Sell the Property

Melissa Khamkhounnavong

Coldwell Banker Realty License #475176259 Listed on: 05/17/2021

Coldwell Banker Realty

Last Buyer's Agent

Patricia Goddard

RE/MAX Properties Northwest License #475158721

RE/MAX Properties Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,704

Year Built

  • Built in 1921 | Remodeled in 2012

Lot Details

  • 3.46 Acre Lot
  • Lot Dimensions are 310 x 328 x 389 x 218 x 125 x 272

Parking

  • 3.5 Car Detached Garage
  • Multiple Garages
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Outdoor Features

  • Balcony
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,704

Year Built

Built in 1921 | Remodeled in 2012

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1921
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 1920
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 1920
  • Assessed Sq Ft: 1920
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1920
  • Basement Sq Ft: 960
  • Total Sq Ft: 2880
  • Upper Level Sq Ft: 960
  • Main Level Sq Ft: 960

Exterior Features

  • ExteriorFeatures: Balcony, Porch, Storms/Screens, Workshop
  • Foundation Details: Concrete Perimeter
  • List Price: 420000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Cedar

Garage/Parking

  • Garage Spaces: 3.5
  • Number of Cars: 3.5
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 3.46
  • Lot Dimensions: 310 X 328 X 389 X 218 X 125 X 272
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 14704.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Aug 3, 2021
Sold by
Richards Quentin T and Wolf Courtney
Bought by
Thomas Charles Willwerth and Lemker Jennifer
Seller's Agent
Melissa Khamkhounnavong
Coldwell Banker Realty
Buyer's Agent
Patricia Goddard
RE/MAX Properties Northwest
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$418,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,500
Original Mortgage
$383,546
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 26, 2019
Closed on
Apr 30, 2019
Sold by
T & V Enterprises Llc
Bought by
Richards Quentin T and Wolf Courtney
Seller's Agent
Robert Frank
Robert E. Frank Real Estate
Buyer's Agent
Melissa Khamkhounnavong
Coldwell Banker Realty
List Price
$357,500
Sold Price
$330,000
Premium/Discount to List
-$27,500
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$313,500
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2016
Sold by
T & V Enterprises Llc
Bought by
T & V Enterprises Llc 281-91 Blevidere S

Purchase Details

Listed on
Sep 14, 2012
Closed on
Sep 27, 2012
Sold by
Clear Vue Opportunity Xii Llc
Bought by
T & V Enterprises Llc
Seller's Agent
Robert Frank
Robert E. Frank Real Estate
Buyer's Agent
Robert Frank
Robert E. Frank Real Estate
List Price
$205,000
Sold Price
$185,000
Premium/Discount to List
-$20,000
-9.76%

Purchase Details

Closed on
Aug 3, 2011
Sold by
Kleinpass Richard J
Bought by
Clearvue Opportunity Xii

Purchase Details

Closed on
Nov 17, 2003
Sold by
Kleinpass Richard J
Bought by
Kleinpass Richard J and Kleinpass Susan
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
Thomas Charles Willwerth $420,000 Chicago Title
Richards Quentin T $330,000 Chicago Title
T & V Enterprises Llc 281-91 Blevidere S -- None Available
T & V Enterprises Llc $185,000 1St American Title
Clearvue Opportunity Xii -- None Available
Kleinpass Richard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Charles Willwerth $383,546
Previous Owner Richards Quentin T $313,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2021 08/12/21 Sold $420,000 0.0% $219 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $420,000 +27.3% $219 / Sq Ft
05/02/2019 05/02/19 Sold $330,000 -7.7% $172 / Sq Ft View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $357,500 +93.2% $186 / Sq Ft
09/28/2012 09/28/12 Sold $185,000 -9.8% $96 / Sq Ft View Prior Sale
09/19/2012 09/19/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $205,000 -- $107 / 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
2020 $8,946 $70,927 $19,000 $51,927
2019 -- $68,049 $18,229 $49,820
2018 -- $37,394 $15,235 $22,159
2017 -- $35,175 $14,331 $20,844
2016 -- $32,470 $13,229 $19,241
2015 -- $75,571 $32,425 $43,146
2014 -- $60,566 $29,342 $31,224
2012 -- $63,254 $30,644 $32,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11090670

Midwest Real Estate Data (MRED)

APN: 06-34-200-039