$160,000
SOLD JUN 30, 2014

3050 Melbourne Ln Lake In the Hills, IL 60156

3 Beds
3 Baths
1,709 Sq Ft
0.25 Acres

Recently Sold

$94 Per Sq Ft

6% Below List Price

3 Days on Market

Highlights

  • Fenced Yard
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Martin Elementary School Rated A

About This Home

As of May 2022

This lovely 2 story, 3 bedroom, 2 1/2 BA colonial style home boasts an open floor plan. HUD Home for Sale "As Is". Information deemed reliable but not guaranteed. Selling broker to verify all information. Bids over "As Is" Value w/FHA requires cash paid at closing for overbid amount. IE (INSURED WITH ESCROW) 203K ELIGIBLE

Last Agent to Sell the Property

Teresa Ryan

Century 21 Circle License #471003290 Listed on: 03/28/2014

Century 21 Circle

Co-Listed By

Connie Vavra

RE/MAX 10 License #471018582

Last Buyer's Agent

Sue, Ron & David Pickard

RE/MAX Suburban License #471003053

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,219

Year Built

  • 1994

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Utilities

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

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Basement Fills Entire Space Under The House
  • Fenced Yard

Listing and Financial Details

  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,219

Year Built

1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1994
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X13, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X10, On Level: Main Level
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level
  • Estimated Sq Ft: 1709
  • Family Room: Dimensions: 16X14, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 158
  • Elementary School: CHESAK ELEMENTARY SCHOOL
  • Middle School: MARLOWE MIDDLE SCHOOL
  • High School: HUNTLEY HIGH SCHOOL
  • Junior High Dist: 158

Lot Info

  • Lot Dimensions: 154X59X138X59
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 1814376012

Tax Info

  • Taxes: 5742.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Apr 21, 2022
Sold by
Coronado Edgar O Lara and Leal Dulce P
Bought by
Stefin Stephani L
Seller's Agent
Renee Devedjian
Baird & Warner
Buyer's Agent
Jane Prill
Coldwell Banker Realty
List Price
$340,000
Sold Price
$350,000
Premium/Discount to List
$10,000
2.94%
Current Estimated Value
$406,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,601
Avg. Annual Appreciation
4.55%
Original Mortgage
$280,000
Outstanding Balance
$264,688
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$141,913

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 12, 2021
Sold by
Ring Jason P and Ring Adua D
Bought by
Lara Coronado Edgar O and Lopez Leal Dulce
Seller's Agent
Patricia Hannula
Great Western Properties
Buyer's Agent
Harsha Gohil
Baird & Warner
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$324,022
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2015
Sold by
Ring Jason P and Ring Adua D
Bought by
Ring Jason P and Ring Adua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jun 30, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Ring Jason P and Ring Adua D
Seller's Agent
Teresa Ryan
Century 21 Circle
Buyer's Agent
Sue, Ron & David Pickard
RE/MAX Suburban
List Price
$170,980
Sold Price
$160,000
Premium/Discount to List
-$10,980
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$150,400
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2014
Sold by
Butera John V
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 9, 2007
Sold by
Papka Timothy A and Papka Wendy A
Bought by
Butera John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1994
Sold by
Star Development Ltd Partnership
Bought by
Papka Timothy A and Papka Wendy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
8.5%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Stewart Title
Warranty Deed $330,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Special Warranty Deed -- Chicago Title Insurance Co
Sheriffs Deed -- None Available
Warranty Deed $261,000 Cti
Warranty Deed $140,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $324,022 FHA
Previous Owner $160,000 New Conventional
Previous Owner $150,400 New Conventional
Previous Owner $261,000 New Conventional
Previous Owner $117,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $350,000 +2.9% $205 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $340,000 +3.0% $199 / Sq Ft
08/20/2021 08/20/21 Sold $330,000 +1.5% $193 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $325,000 +103.1% $190 / Sq Ft
06/30/2014 06/30/14 Sold $160,000 -6.4% $94 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $170,980 -- $100 / 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 $7,219 $105,627 $5,589 $100,038
2023 $7,019 $94,886 $5,021 $89,865
2022 $6,722 $86,401 $4,572 $81,829
2021 $6,508 $81,372 $4,306 $77,066
2020 $6,415 $79,202 $4,191 $75,011
2019 $6,258 $77,180 $4,084 $73,096
2018 $5,954 $72,375 $4,596 $67,779
2017 $5,833 $68,207 $4,331 $63,876
2016 $5,881 $64,848 $4,118 $60,730
2013 -- $62,435 $11,711 $50,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08570054

Midwest Real Estate Data (MRED)

APN: 18-14-376-012