NOT LISTED FOR SALE

2861 Melbourne Ln Lake In the Hills, IL 60156

Estimated Value: $393,000 - $414,000

4 Beds
3 Baths
2,204 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $253,000 $115 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,921/month

21 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fenced Yard
  • Martin Elementary School Rated A
  • Walk-In Pantry
  • 5-minute walk to Edward William Hynes Park

About This Home

As of June 2015

Move in ready! The whole place is new: paint, kitchen, baths, stainless steel appliances, Quartz counters, cabinets, new furn, AC, hot H20, humidifier, all doors, all windows. New porcelain tiles & hardwood throughout. Ceiling fans in all BRs. Master bath features large walk-in shower with seat.Walk-in closet. Makeup station.Fenced yard. New siding, roof & gutters.Playset stays.2 pantries&island.VSH=Very Special Home

Last Agent to Sell the Property

Mary Zentz

RE/MAX Suburban License #475135163 Listed on: 05/01/2015

RE/MAX Suburban

Last Buyer's Agent

Joel Perez Homes

RE/MAX United License #475149497

RE/MAX United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,927

Year Built

  • 1996

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

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

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Bar Fridge
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens
  • Washer

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Bar Refrigerator
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,927

Year Built

1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Recent Rehab: Yes
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1996
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Refrigerator-Bar, Washer
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 15X12, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 22X12, On Level: Main Level, Flooring: Porcelain Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Walk In Closet
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Walk in Closet, Dimensions: 10X8, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 2204
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch, Brick Paver Patio, Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.2108

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 158
  • Elementary School: CHESAK ELEMENTARY SCHOOL
  • Middle School: MARLOWE MIDDLE SCHOOL
  • High School: HUNTLEY HIGH SCHOOL
  • Junior High Dist: 158

Lot Info

  • Lot Dimensions: 60X152
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 1823127027

Tax Info

  • Taxes: 4670.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Jun 19, 2015
Sold by
Nevinski David and Nevinski Denise
Bought by
Quinones Noe and Pasillas Ema Aide
Seller's Agent
Mary Zentz
RE/MAX Suburban
Buyer's Agent
Joel Perez Homes
RE/MAX United
List Price
$250,000
Sold Price
$253,000
Premium/Discount to List
$3,000
1.2%
Total Days on Market
21
Current Estimated Value
$404,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,271
Avg. Annual Appreciation
4.82%
Original Mortgage
$248,417
Outstanding Balance
$198,833
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$205,438

Purchase Details

Closed on
Nov 30, 2012
Sold by
Federal National Mortgage Association
Bought by
Nevinski David and Nevinski Denise

Purchase Details

Closed on
Sep 27, 2011
Sold by
Sanchez Jose E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 2, 2005
Sold by
Penton Jeanne T
Bought by
Sanchez Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 15, 2004
Sold by
Penton Bryan W
Bought by
Penton Jeanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1999
Sold by
Rivera J L and Rivera Grace E
Bought by
Penton Bryan W and Penton Jeanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
7.77%

Purchase Details

Closed on
Oct 1, 1996
Sold by
Beverly Trust Company
Bought by
Rivera J L and Rivera Grace E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.94%
Source: Public Records

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Range of Values:

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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
Quinones Noe $253,000 Attorney
Nevinski David $147,000 Professional Natl Title
Federal National Mortgage Association -- None Available
Sanchez Jose E $280,000 Wheatland Title
Penton Jeanne T -- Chicago Title Insurance Comp
Penton Bryan W $190,000 Attorneys Title Guaranty Fun
Rivera J L -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinones Noe $248,417
Previous Owner Sanchez Jose E $224,000
Previous Owner Penton Jeanne T $221,000
Previous Owner Penton Bryan W $220,255
Previous Owner Penton Bryan W $53,288
Previous Owner Penton Bryan W $180,500
Previous Owner Rivera J L $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $253,000 -0.4% $115 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/04/2015 05/04/15 Price Changed $254,000 +1.6% $115 / Sq Ft
05/01/2015 05/01/15 For Sale $250,000 +70.1% $113 / Sq Ft
08/24/2012 08/24/12 Sold $147,000 -1.3% $67 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $148,900 -- $68 / 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
2023 $7,927 $106,131 $6,278 $99,853
2022 $7,578 $96,641 $5,717 $90,924
2021 $7,341 $91,016 $5,384 $85,632
2020 $7,238 $88,588 $5,240 $83,348
2019 $7,062 $86,326 $5,106 $81,220
2018 $8,155 $96,903 $5,747 $91,156
2017 $8,001 $91,323 $5,416 $85,907
2016 $8,077 $86,825 $5,149 $81,676
2013 -- $50,261 $12,997 $37,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08909571

Midwest Real Estate Data (MRED)

APN: 18-23-127-027