NOT LISTED FOR SALE

2991 Melbourne Ln Lake In the Hills, IL 60156

Estimated Value: $406,000 - $444,000

3 Beds
2.5 Baths
2,733 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $300,000 $110 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,917/month

4 Days on Market

Highlights

  • Landscaped Professionally
  • Contemporary Architecture
  • Recreation Room
  • Martin Elementary School Rated A
  • Living Room with Fireplace
  • Vaulted Ceiling

About This Home

As of June 2021

SUN-FILLED & AIRY SURROUNDINGS ARE ENHANCED BY THE CATHEDRAL / VAULTED CEILINGS & SKYLIGHTS! BE AMAZED BY THE STUNNING NEW SOLID WOOD FLOORING THAT GRACES THE LIVING ROOM, DINING ROOM, DEN, ENTRYWAY AND THE STAIRS TO THE 2ND FLOOR ALONG WITH THE FIRST FLOOR HALF BATH! ENJOY THE TWO SIDED / SEE-SEE THRU GAS FIREPLACE FROM THE DEN (WHILE YOUR WORKING) OR THE FAMILY ROOM DURING COZY EVENINGS! LOOKING FOR THAT OPEN FLOOR PLAN AND LARGE -EAT-IN KITCHEN WITH TONS OF COUNTERS AS WELL AS AN ISLAND AND PANTRY. THERE IS STILL ALOT OF ROOM TO HAVE A LARGE TABLE WITH ROOM TO ROAM. FROM THE KITCHEN THE SLIDING GLASS DOOR TAKES YOU TO A LARGE, FENCED IN YARD WITH PRIVACY HEDGES, A CONCRETE PATIO, AND AN ABOVE GROUND HEATED POOL COMPLETE WITH THE LADDER AND ALL EQUIPMENT. POOL OPENS SOON! 2ND FLOOR HAS A MASTER STE W/ MASTER BATH THAT INCLUDES A SOAKING TUB-AND SEPERATE SHOWER! HOME ALSO HAS A FINISHED BASEMENT WITH TWO CRAWL SPACES. HOME ALSO FEATURES 1ST FLR LAUNDRY THAT DOUBLES AS A MUD ROOM! TWO CAR ATTACHED GARAGE. ROOF REPLACED IN 2012, SIDING IN 2010 AND SO MUCH MORE!

Last Agent to Sell the Property

John Downes

HomeSmart Connect LLC License #471014328 Listed on: 05/14/2021

HomeSmart Connect LLC

Last Buyer's Agent

Fern Roncone

HomeSmart Connect LLC License #475138592

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,032

Year Built

  • Built in 1995 | Remodeled in 2019

Lot Details

  • 7,314 Sq Ft Lot
  • Lot Dimensions are 55x133
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,733 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Double Sided Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Recreation Room
  • Unfinished Attic

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump
  • Recreation or Family Area in Basement
  • Crawl Space
  • Basement Window Egress

Outdoor Features

  • Patio

Schools

  • Chesak Elementary School
  • Marlowe Middle School
  • Huntley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

  • Meadowbrook Subdivision, Kensington Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,032

Year Built

Built in 1995 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Meadowbrook
  • Year Built: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Water Softener
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s)
  • LivingArea: 2733
  • Other Equipment: Water-Softener Owned, Sump Pump
  • Room Type: Eating Area, Recreation Room, Foyer, Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Crawl,Egress Window,Rec/Family Area
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Other
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 284900
  • Lot Features: Landscaped
  • Waterfront: No
  • Exterior Building Type: Frame,Clad Trim

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Chesak Elementary School
  • High School: Huntley High School
  • Middle/Junior School: Marlowe Middle School
  • Middle/Junior School District: 158

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1679
  • Lot Dimensions: 55X133
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7031.8
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 29, 2021
Sold by
Andriakos Lori M
Bought by
Giovinco Vincent J and Giovinco Mary A
Seller's Agent
John Downes
HomeSmart Connect LLC
Buyer's Agent
Fern Roncone
HomeSmart Connect LLC
Sold Price
$300,000
Current Estimated Value
$417,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,650
Avg. Annual Appreciation
7.73%
Original Mortgage
$294,566
Outstanding Balance
$267,834
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$141,941

Purchase Details

Closed on
Aug 19, 2008
Sold by
Park National Bank
Bought by
Andriakos Lori M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,441
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2007
Sold by
Ibarra Hortencia and Ibarra Leonardo
Bought by
Cardunal Savings Bank Fsb

Purchase Details

Closed on
Apr 1, 1998
Sold by
Baron Bruno F and Baron Wanda C
Bought by
Ibarra Hortencia and Ibarra Leonardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
7.27%

Purchase Details

Closed on
May 26, 1995
Sold by
Star Development Ltd Partnership
Bought by
Baron Bruno F and Baron Wanda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.25%
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
Giovinco Vincent J $300,000 First American Title
Andriakos Lori M $255,000 Ticor
Cardunal Savings Bank Fsb -- None Available
Ibarra Hortencia $182,000 Lawyers Title Insurance Corp
Baron Bruno F $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giovinco Vincent J $294,566
Previous Owner Andriakos Lori M $234,148
Previous Owner Andriakos Lori M $254,197
Previous Owner Andriakos Lori M $250,441
Previous Owner Ibarra Leonardo J $155,000
Previous Owner Ibarra Leonardo J $60,000
Previous Owner Ibarra Leonardo $19,000
Previous Owner Ibarra Hortencia $163,800
Previous Owner Baron Bruno F $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $300,000 +5.3% $110 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/17/2021 05/17/21 For Sale -- -- --
05/13/2021 05/13/21 For Sale $284,900 -- $104 / 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 $7,913 $115,007 $6,989 $108,018
2023 $7,700 $103,312 $6,278 $97,034
2022 $7,364 $94,074 $5,717 $88,357
2021 $7,132 $88,598 $5,384 $83,214
2020 $7,032 $86,235 $5,240 $80,995
2019 $6,861 $84,033 $5,106 $78,927
2018 $6,820 $82,022 $5,747 $76,275
2017 $6,686 $77,299 $5,416 $71,883
2016 $6,745 $73,492 $5,149 $68,343
2013 -- $65,718 $10,462 $55,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11087523

Midwest Real Estate Data (MRED)

APN: 18-14-377-012