2871 Melbourne Ln Unit 8 Lake In the Hills, IL 60156
Estimated Value: $390,000 - $443,000
4
Beds
3
Baths
2,441
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Wood Flooring
- Walk-In Pantry
- Martin Elementary School Rated A
- Loft
- Stainless Steel Appliances
About This Home
As of November 2018Fabulous & turnkey! Step into the large soaring foyer & you're greeted w/a grand staircase & beautiful brand new solid hard wood floors that extend the entire main level! Light & bright formal living/dining room features vaulted ceiling, lots of windows & recessed lighting. Open kitchen has all SS appliances, granite counters, built-in desk area, island w/breakfast bar & eating area. Kitchen opens to the large family room w/gas fireplace to keep you warm on cold winter nights! HUGE laundry room has storage & more space to create an amazing mud room! Convenient main level 1/2 bath too. Upstairs you'll find a spacious loft that leads you through double doors into the large master suite w/dramatic vaulted ceiling, large walk-in closet & en-suite bath w/brand new updated flooring. Another full bath & 3 generously sized bedrooms complete the upper level. Neat & clean basement ready to be finished. Patio space, deep fenced yard w/playset.New paint main level, loft, master BR & bath! NO HOA!
Last Agent to Sell the Property
Fathom Realty IL LLC License #475139019 Listed on: 09/18/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,578
Year Built
- 1997
Lot Details
- 0.25
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Garage Is Owned
Home Design
- Vinyl Siding
Interior Spaces
- Vaulted Ceiling
- Gas Log Fireplace
- Entrance Foyer
- Loft
- Wood Flooring
- Unfinished Basement
- Partial Basement
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2018
Closed on
Nov 13, 2018
Sold by
Raheja Sudhir K and Raheja Anjali
Bought by
Santella Thomas E and Santella Katrina M
Seller's Agent
Carl Cho
Fathom Realty IL LLC
Buyer's Agent
Peter Podyma
Coldwell Banker Realty
List Price
$274,900
Sold Price
$272,900
Premium/Discount to List
-$2,000
-0.73%
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,912
Avg. Annual Appreciation
6.61%
Original Mortgage
$249,908
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 23, 2016
Sold by
Raheja Sudhir K and Chhatwani Anjali
Bought by
Raheja Sudhir K and Chhatwani Anjali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
3.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 2010
Sold by
Fannie Mae
Bought by
Raheja Sudhir K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,675
Interest Rate
4.27%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 16, 2010
Sold by
Herron Winfred R
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jun 19, 2009
Sold by
Herron Winfred R
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 21, 2005
Sold by
Burgess Mark W and Burgess Catherine S
Bought by
Herron Winfred R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,250
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 1, 1997
Sold by
Beverly Trust Company
Bought by
Burgess Mark W and Burgess Catherine S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,950
Interest Rate
7.26%
Similar Homes in Lake In the Hills, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Santella Thomas E | $273,000 | Stewart Title | |
| Raheja Sudhir K | -- | Carrington Title Partners Ll | |
| Raheja Sudhir K | $212,500 | First American | |
| Federal National Mortgage Association | -- | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Herron Winfred R | $293,250 | Chicago Title | |
| Burgess Mark W | $187,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Santella Thomas E | $272,690 | |
| Closed | Santella Thomas E | $250,305 | |
| Closed | Santella Thomas E | $249,908 | |
| Previous Owner | Raheja Sudhir K | $186,400 | |
| Previous Owner | Raheja Sudhir K | $209,675 | |
| Previous Owner | Herron Winfred R | $283,250 | |
| Previous Owner | Burgess Mark W | $172,250 | |
| Previous Owner | Burgess Mark W | $180,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2018 11/15/18 | Sold | $272,900 | -0.7% | $112 / Sq Ft |
| 10/08/2018 10/08/18 | Pending | -- | -- | -- |
| 09/18/2018 09/18/18 | For Sale | $274,900 | -- | $113 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,578 | $114,187 | $6,278 | $107,909 |
| 2022 | $8,192 | $103,977 | $5,717 | $98,260 |
| 2021 | $7,937 | $97,925 | $5,384 | $92,541 |
| 2020 | $7,827 | $95,313 | $5,240 | $90,073 |
| 2019 | $7,638 | $92,879 | $5,106 | $87,773 |
| 2018 | $7,400 | $88,483 | $5,747 | $82,736 |
| 2017 | $7,257 | $83,388 | $5,416 | $77,972 |
| 2016 | $7,323 | $79,281 | $5,149 | $74,132 |
| 2013 | -- | $75,226 | $13,158 | $62,068 |
Source: Public Records
Agents Affiliated with this Home
-
Carl Cho
Seller's Agent in 2018
Carl Cho
Fathom Realty IL LLC
(630) 234-9572
235 Total Sales
-
Peter Podyma
Buyer's Agent in 2018
Peter Podyma
Coldwell Banker Realty
(773) 972-0862
10 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10084950
APN: 18-23-127-028
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