NOT LISTED FOR SALE

2953 198th St Lynwood, IL 60411

Estimated Value: $485,000 - $540,000

4 Beds
2.5 Baths
2,900 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $432,500 $149 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,846/month

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Laundry Room
  • Breakfast Room
  • Living Room
  • 3-minute walk to Lynwood Playground

About This Home

As of March 2022

SOLD BEFORE LISTING. Build your custom home with Excalibur Construction Inc. Lynwood's builder known for style and quality. Several home sites are available right now. Fantastic standard features include full basements, fireplaces, master suites including luxury baths, large kitchens, and so much more. Builder consultations are available by appointment. Home shown is the Kingsgate Castle, the classy two story type that Excalibur is so famous for with a two story foyer and family room 4 bedrooms plus a main level study or 5th bedroom. PLEASE NOTE: The photo shown and virtual tour are of the current model home for Excalibur and is not for sale (2923 198th Street). Photo shows optional features including a 3 car garage. Contact list agent for details.

Last Agent to Sell the Property

Lillian Baldwin

Real Broker, LLC License #475137110 Listed on: 11/28/2020

Last Buyer's Agent

Pholina Todd

Mosaic Realty LLC License #475170580

Mosaic Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,099

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 83 x 133

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • New Construction

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Utility Room with Study Area
  • Laundry Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Schools

  • Nathan Hale Elementary School
  • Heritage Middle School
  • Thornton Fractnl So High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,099

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2900
  • Room Type: Breakfast Room, Study
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Primary Bedroom Bath: Full

Exterior Features

  • List Price: 417490
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • 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

  • Elementary School: Nathan Hale Elementary School
  • High School: Thornton Fractnl So High School
  • Middle/Junior School: Heritage Middle School
  • Middle/Junior School District: 171

Lot Info

  • Lot Size Acres: 0.2536
  • Lot Dimensions: 83 X 133
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1099.18
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2020
Closed on
Mar 29, 2022
Sold by
Excalibur Construction Inc
Bought by
Lehmann Raysion and Mcneal Brittney B
Seller's Agent
Lillian Baldwin
Real Broker, LLC
Buyer's Agent
Pholina Todd
Mosaic Realty LLC
List Price
$417,490
Sold Price
$432,500
Premium/Discount to List
$15,010
3.6%
Current Estimated Value
$505,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,572
Avg. Annual Appreciation
4.38%
Original Mortgage
$424,665
Outstanding Balance
$394,283
Interest Rate
3.38%
Estimated Equity
$110,789

Purchase Details

Listed on
Nov 28, 2020
Closed on
Mar 15, 2022
Sold by
Excalibur Construction Inc
Bought by
Lehmann Raysion and Mcneal Brittney B
Seller's Agent
Lillian Baldwin
Real Broker, LLC
Buyer's Agent
Pholina Todd
Mosaic Realty LLC
List Price
$417,490
Sold Price
$432,500
Premium/Discount to List
$15,010
3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,665
Outstanding Balance
$394,283
Interest Rate
3.38%
Estimated Equity
$110,789

Purchase Details

Closed on
Mar 10, 2021
Sold by
The Chicago Trust Company Na
Bought by
Excalibur Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2008
Sold by
North Star Trust Co
Bought by
Wayne Hummer Trust Co and Trust #Bev-2694
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
Lehmann Raysion $432,500 --
Lehmann Raysion $432,500 --
Excalibur Construction Inc -- Old Republic Title
Wayne Hummer Trust Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehmann Raysion $424,665
Previous Owner Excalibur Construction Inc $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $432,500 +3.6% $149 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $417,490 -- $144 / 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 $14,366 $41,183 $6,828 $34,355
2023 $11,732 $41,183 $6,828 $34,355
2022 $11,732 $27,811 $3,104 $24,707
2021 $1,467 $3,103 $3,103 $0
2020 $1,371 $3,103 $3,103 $0
2019 $1,099 $2,483 $2,483 $0
2018 $1,062 $2,483 $2,483 $0
2017 $1,067 $2,483 $2,483 $0
2016 $1,605 $3,724 $3,724 $0
2015 $1,965 $4,655 $4,655 $0
2014 $1,953 $4,655 $4,655 $0
2013 $1,782 $4,655 $4,655 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10942453

Midwest Real Estate Data (MRED)

APN: 33-07-420-008-0000