NOT LISTED FOR SALE

2885 Cole Ln New Lenox, IL 60451

Estimated Value: $519,000 - $558,000

3 Beds
2 Baths
2,500 Sq Ft
$217/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $310,000 $124 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,927/month

130 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Walk-In Pantry
  • Nelson Prairie School Rated 9+
  • Ranch Style House
  • Porch

About This Home

As of April 2016

Oversized Inviting Front Porch Frames This FULLY/Upgraded Bricked Ranch w/Split Bedrm Flr Plan (Mstr on One Side of House/Other Bdrms on Other Side!) 9'Ceilings on Main Level w/Tiled Entry Leads to Formal Living Rm w/Barrel Ceiling & Eyebrow Arched Window! Triple Pane Wood Pella Between the Glass Blind Windows Throughout the Home! Formal Dining Rm w/Amazing Front Window Views. Extra/Multiple Direction Windows in Family Rm w/Overhead Lighting/Cans, Brick Heataltor Type Fireplace w/Upgraded Door! Oak Cabs w/All Appliances Incl., Massive Pantry, Butler Service Area w/Granite Counter Tops & Ceramic Tile Flooring! Eat in Kitchen w/Slider to Oversized Concrete Patio w/Phenomenal Views of the Sunset! Master Suite w/WIC w/Wire Racking/Shelving & Private Bath w/Linen & Stand Up Shower! 3 Car Garage, 3 Car Wide Concrete Drive & 7 Doors & Service Door to Back Yard w/Sidewalk from Front to Back *PLUS* Open/Full 2,400Sq Ft Basement w/9 Ceilings w/Rough Plumbing & Battery Back Up! Sprinkler System!

Last Agent to Sell the Property

Kelly Ryan

RE/MAX 10 License #475150712 Listed on: 10/26/2015

RE/MAX 10

Last Buyer's Agent

Alex Fenske

Keller Williams Preferred Rlty License #475128785

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,308

Year Built

  • 2008

Lot Details

  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $25 per month

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Heatilator
  • Gas Log Fireplace
  • Storm Screens

Kitchen

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

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,308

Year Built

2008

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Disability Access: Yes
  • Disability Access Details: Main Level Entry, No Interior Steps
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2008
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Interior Property Features: 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Washer, Dryer
  • Equipment: Humidifier, Security System, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Air Cleaner, Backup Sump Pump;
  • Fireplace Details: Gas Logs, Heatilator Type System
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished, Bathroom Rough-In
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X08, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 16X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 21X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 19X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2500
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X14, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch, Storms/Screens
  • Exposure: N (North), E (East), W (West)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 300
  • Management Contact Name: Taylor Glen Homeowners Assoc.
  • Management Phone: 815-462-0305

Fee Information

  • Management Company: Taylor Glen Homeowners Assoc.

Schools

  • School District: 210
  • Elementary School: NELSON RIDGE/NELSON PRAIRIE ELEM
  • Middle School: LIBERTY JUNIOR HIGH SCHOOL
  • High School: LINCOLN-WAY WEST HIGH SCHOOL
  • Junior High Dist: 122

Lot Info

  • Lot Dimensions: 87X128X88X128
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 1508334030270000

Tax Info

  • Taxes: 8111.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Apr 5, 2016
Sold by
Voss Elizabeth R Merman and Merman Declaration Catherine S
Bought by
Brian S Laack & Michelle L Laack Trust 1
Seller's Agent
Kelly Ryan
RE/MAX 10
Buyer's Agent
Alex Fenske
Keller Williams Preferred Rlty
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%
Current Estimated Value
$541,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,781
Avg. Annual Appreciation
6.04%
Original Mortgage
$248,000
Outstanding Balance
$197,472
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$344,309

Purchase Details

Closed on
Aug 8, 2008
Sold by
Ssw Development Llc
Bought by
Merman Catherine S and The Catherine S Merman Declara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
Brian S Laack & Michelle L Laack Trust 1 $310,000 Ct
Merman Catherine S $393,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brian S Laack & Michelle L Laack Trust 1 $248,000
Previous Owner Merman Catherine S $313,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2016 04/11/16 Sold $310,000 -4.6% $124 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
12/12/2015 12/12/15 Price Changed $325,000 -1.5% $130 / Sq Ft
11/07/2015 11/07/15 Price Changed $330,000 -5.7% $132 / Sq Ft
10/26/2015 10/26/15 For Sale $350,000 -- $140 / 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
2024 $12,308 $159,662 $42,640 $117,022
2023 $12,308 $145,545 $38,870 $106,675
2022 $11,082 $134,081 $35,808 $98,273
2021 $10,526 $126,099 $33,676 $92,423
2020 $10,229 $121,599 $32,474 $89,125
2019 $9,793 $117,828 $31,467 $86,361
2018 $9,570 $113,767 $30,383 $83,384
2017 $9,095 $110,497 $29,510 $80,987
2016 $8,396 $107,539 $28,720 $78,819
2015 $8,112 $104,154 $27,816 $76,338
2014 $8,112 $102,869 $27,473 $75,396
2013 $8,112 $104,255 $27,843 $76,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09073469

Midwest Real Estate Data (MRED)

APN: 15-08-33-403-027