NOT LISTED FOR SALE

3121 Melbourne Ln Lake In the Hills, IL 60156

Estimated Value: $317,459 - $401,000

-- Bed
-- Bath
2,984 Sq Ft
$126/Sq Ft Est. Value

About This Home

This home is located at 3121 Melbourne Ln, Lake In the Hills, IL 60156 and is currently estimated at $375,365, approximately $125 per square foot. 3121 Melbourne Ln is a home located in McHenry County with nearby schools including Martin Elementary School, Chesak Elementary School, and Marlowe Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Sorensen Peter C and Sorensen Diane M
Bought by
Sorensen Diane M and The Diane M Sorensen Living Tr
Current Estimated Value
$375,365

Purchase Details

Closed on
Dec 5, 1994
Sold by
Star Development Ltd Partnership
Bought by
Sorensen Peter C and Sorensen Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
7.5%
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
Sorensen Diane M -- None Available
Sorensen Peter C $161,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorensen Diane M $150,185
Closed Sorensen Diane M $25,000
Closed Sorensen Diane M $34,000
Closed Sorensen Peter C $25,000
Closed Sorensen Peter C $166,600
Closed Sorensen Peter C $10,000
Closed Sorensen Peter C $136,500
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
2023 $7,413 $99,766 $6,278 $93,488
2022 $7,094 $90,845 $5,717 $85,128
2021 $6,869 $85,557 $5,384 $80,173
2020 $6,772 $83,275 $5,240 $78,035
2019 $6,607 $81,149 $5,106 $76,043
2018 $6,410 $77,452 $5,747 $71,705
2017 $6,282 $72,992 $5,416 $67,576
2016 $6,336 $69,397 $5,149 $64,248
2013 -- $60,698 $10,457 $50,241
Source: Public Records

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