NOT LISTED FOR SALE

2941 Melbourne Ln Lake In the Hills, IL 60156

Estimated Value: $369,185 - $404,000

3 Beds
3 Baths
1,667 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $240,000 $144 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,762/month

44 Days on Market

Highlights

  • Contemporary Architecture
  • Recreation Room
  • Wood Flooring
  • Martin Elementary School Rated A
  • Vaulted Ceiling
  • 5-minute walk to Edward William Hynes Park

About This Home

As of August 2018

Fabulous 3 bedroom 2 1/2 bath in Drake Park!!! Enter into the vaulted, open formal Living and Dining areas with rich hardwood flooring - Open kitchen to the family room, sliders to a paver brick patio and fully fenced yard! Spacious bedrooms upstairs with a stunning Master bath with tiled shower/tub surround! Newer appliances, newer 1/2 bath on the main level - full finished basement with craft room/office - Great yard for entertaining - new shed, driveway just sealed! Come take a look, its ready for the new buyers!!!

Last Agent to Sell the Property

Mary Sagan

Century 21 New Heritage - Hampshire License #475123391 Listed on: 05/31/2018

Century 21 New Heritage - Hampshire

Last Buyer's Agent

Alex Rullo

RE/MAX All Pro - St Charles License #475090750

RE/MAX All Pro - St Charles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,466

Year Built

  • 1994

Lot Details

  • 7,405

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Utilities

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

Additional Features

  • Patio
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,466

Year Built

1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1667
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 1994
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 14X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Recreation Room, Office
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Recreation Rm, Dimensions: 30X15, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Office, Dimensions: 14X09, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1667
  • Estimated Total Finished Sq Ft: 2473
  • Basement Finished Sq Ft: 806
  • Upper Level Sq Ft: 1667
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 16X14, On Level: Main Level, Flooring: Ceramic Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Steel Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.17

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • 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
  • Junior High Dist: 158

Lot Info

  • Lot Dimensions: 143 X 52 X 132 X 89
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 1814377017

Tax Info

  • Taxes: 5834.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 16, 2018
Sold by
Prafke Alex E and Prafke M
Bought by
Hollerbach Kevin and Hollerbach Phyllis
Seller's Agent
Mary Sagan
Century 21 New Heritage - Hampshire
Buyer's Agent
Alex Rullo
RE/MAX All Pro - St Charles
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Total Days on Market
44
Current Estimated Value
$381,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,296
Avg. Annual Appreciation
7.03%
Original Mortgage
$235,653
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 2, 2015
Closed on
Sep 2, 2015
Sold by
Fannie Mae
Bought by
Prafke Alex E
Seller's Agent
Joseph Mueller
Tanis Group Realty
Buyer's Agent
Mary Sagan
Century 21 New Heritage - Hampshire
List Price
$209,000
Sold Price
$209,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$213,493
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Closed on
Dec 11, 2014
Sold by
Badillo Daniel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 7, 2006
Sold by
Badillo Daniel and Badillo Joan K
Bought by
Badillo Daniel and Badillo Joan K

Purchase Details

Closed on
Jun 29, 2001
Sold by
Rydberg Thomas C and Rydberg Janelle D
Bought by
Badillo Dan and Badillo Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,050
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 1995
Sold by
Star Development Ltd Partnership
Bought by
Rydberg Thomas C and Rydberg Janelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
8.75%
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
Hollerbach Kevin $240,000 Ata National Title
Prafke Alex E $209,000 Premier Title
Federal National Mortgage Association -- Premier Title
Badillo Daniel -- None Available
Badillo Dan $208,000 --
Rydberg Thomas C $145,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hollerbach Kevin $228,044
Closed Hollerbach Kevin $235,653
Previous Owner Prafke Alex E $213,493
Previous Owner Badillo Daniel $45,000
Previous Owner Badillo Dan $15,000
Previous Owner Badillo Dan $213,900
Previous Owner Badillo Dan $207,500
Previous Owner Badillo Dan $205,050
Previous Owner Rydberg Thomas C $135,200
Previous Owner Rydberg Thomas C $137,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $240,000 -2.8% $144 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
06/30/2018 06/30/18 Price Changed $246,900 -1.2% $148 / Sq Ft
06/19/2018 06/19/18 For Sale $249,900 0.0% $150 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $249,900 +19.6% $150 / Sq Ft
09/17/2015 09/17/15 Sold $209,000 0.0% $125 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $209,000 -- $125 / 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 $7,466 $100,419 $6,278 $94,141
2022 $7,144 $91,440 $5,717 $85,723
2021 $6,918 $86,118 $5,384 $80,734
2020 $6,820 $83,821 $5,240 $78,581
2019 $6,654 $81,681 $5,106 $76,575
2018 $5,955 $72,376 $5,747 $66,629
2017 $5,834 $68,208 $5,416 $62,792
2016 $5,881 $64,849 $5,149 $59,700
2013 -- $62,690 $11,138 $51,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09967764

Midwest Real Estate Data (MRED)

APN: 18-14-377-017