NOT LISTED FOR SALE

301 Melrose Dr Tower Lakes, IL 60010

Tower Lake Neighborhood

Estimated Value: $497,000 - $721,000

3 Beds
3 Baths
3,492 Sq Ft
$188/Sq Ft Est. Value

About This Home

This home is located at 301 Melrose Dr, Tower Lakes, IL 60010 and is currently estimated at $656,008, approximately $187 per square foot. 301 Melrose Dr is a home located in Lake County with nearby schools including North Barrington Elementary School, Barrington Middle School Station Campus, and Barrington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2006
Sold by
Prudential Relocation Inc
Bought by
Boyce Michael and Boyce Susan
Current Estimated Value
$656,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2006
Sold by
Cochrane Patrick E and Cochrane Suzanne S
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 1998
Sold by
Register Brenda and Brenda Register Revocable Trus
Bought by
Cochrane Patrick E and Cochrane Suzanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
7.08%

Purchase Details

Closed on
Apr 19, 1997
Sold by
Register Benton and Register Brenda
Bought by
Register Brenda and Brenda Register Revocable Trus
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Boyce Michael $570,000 First American Title
Prudential Relocation Inc $570,000 First American Title
Cochrane Patrick E $339,000 Chicago Title Insurance Co
Register Brenda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyce Michael $372,000
Closed Boyce Michael $100,000
Closed Boyce Michael $325,000
Closed Boyce Michael $315,000
Previous Owner Boyce Michael $190,000
Previous Owner Prudential Relocation Inc $190,000
Previous Owner Cochrane Patrick E $305,000
Previous Owner Cochrane Patrick E $295,000
Previous Owner Cochrane Patrick E $305,000
Source: Public Records

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 $13,929 $190,850 $14,567 $176,283
2023 $11,948 $173,943 $13,277 $160,666
2022 $11,948 $147,600 $15,020 $132,580
2021 $11,756 $145,090 $14,765 $130,325
2020 $11,483 $144,641 $14,719 $129,922
2019 $11,075 $140,825 $14,331 $126,494
2018 $5,659 $124,131 $16,215 $107,916
2017 $9,527 $121,637 $15,889 $105,748
2016 $8,707 $117,049 $15,290 $101,759
2015 $8,311 $109,782 $14,341 $95,441
2014 $9,153 $132,369 $12,044 $120,325
2012 $8,897 $134,644 $12,251 $122,393
Source: Public Records

Map

Illinois Lake County Tower Lakes 60010 Tower Lake

301 Melrose Dr, Tower Lakes, IL

This home is located at 301 Melrose Dr, Tower Lakes, IL 60010 and is currently estimated at $656,008, approximately $187 per square foot. 301 Melrose Dr is a home located in Lake County with nearby schools including North Barrington Elementary School, Barrington Middle School Station Campus, and Barrington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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