NOT LISTED FOR SALE

316 Lily Ln Lakemoor, IL 60051

Estimated Value: $206,000 - $230,000

2 Beds
1 Bath
950 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $207,000 $218 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,572/month

12 Days on Market

Highlights

  • Cape Cod Architecture
  • Vaulted Ceiling
  • Corner Lot
  • Community Lake
  • Main Floor Bedroom
  • Double Oven

About This Home

As of August 2023

Newly renovated property on a corner lot w/partial views of Lily Lake! The exterior has a brand new roof, high efficiency windows, siding, soffit, fascia, gutters, exterior doors, and chimney tuck pointing. Brand new electrical service, panel,and wiring throughout. Interior has an open floor plan w/brand new high-end plank flooring, drywall, trim, fresh paint, canned lighting, and carpeting in first floor bedrooms and upstairs storage/office area. Completely remodeled custom built-in kitchen with new cabinetry, granite countertops, fixtures, flooring and stainless steel appliances. Bathroom has a brand new tub enclosure, vanity, and flooring. Whole house has new plumbing throughout, softener, furnace, hot water heater, filtration system, solid core doors and lighting fixtures. Finished 2nd level perfect for storage. Fantastic location near Woodman's and route 12. Move-in ready, come see!

Last Agent to Sell the Property

Danny Olsen

Coldwell Banker Realty License #475117516 Listed on: 07/17/2023

Coldwell Banker Realty

Last Buyer's Agent

Jim Starwalt

Better Homes and Garden Real Estate Star Homes License #471010243

Better Homes and Garden Real Estate Star Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,919

Year Built

  • Built in 1922 | Remodeled in 2023

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 950 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Community Details

  • Cape Cod
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,919

Year Built

Built in 1922 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Double Oven, Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 950
  • Other Equipment: Water Heater-Gas
  • Room Type: Eating Area, Storage
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 686
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 204900
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U
  • Zero Lot Line: No

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2918.94
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 28, 2023
Sold by
316 Lily Lane Llc
Bought by
Elgin Lara
Seller's Agent
Danny Olsen
Coldwell Banker Realty
Buyer's Agent
Jim Starwalt
Better Homes and Garden Real Estate Star Homes
List Price
$209,000
Sold Price
$207,000
Premium/Discount to List
-$2,000
-0.96%
Views
61
Current Estimated Value
$219,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,493
Avg. Annual Appreciation
2.97%
Original Mortgage
$196,650
Outstanding Balance
$192,790
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$26,703

Purchase Details

Listed on
Jul 17, 2023
Closed on
Jul 10, 2023
Sold by
Olsen Danny and Olsen Michael
Bought by
316 Lily Lane Llc
Seller's Agent
Danny Olsen
Coldwell Banker Realty
Buyer's Agent
Jim Starwalt
Better Homes and Garden Real Estate Star Homes
List Price
$209,000
Sold Price
$207,000
Premium/Discount to List
-$2,000
-0.96%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,650
Outstanding Balance
$192,790
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$26,703

Purchase Details

Listed on
Dec 3, 2022
Closed on
Feb 7, 2023
Sold by
Lossman Edward R
Bought by
Olsen Michael and Olsen Danny
Seller's Agent
Shawn Strach
Dream Real Estate, Inc.
Buyer's Agent
Danny Olsen
Coldwell Banker Realty
List Price
$69,900
Sold Price
$40,000
Premium/Discount to List
-$29,900
-42.78%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2123.31%

Purchase Details

Closed on
Jun 17, 2002
Sold by
Anderson Dawn M and Herter Dawn M
Bought by
Lossman Edward and Lossman Aileen

Purchase Details

Closed on
Sep 21, 1999
Sold by
Turner John D
Bought by
Herter Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,980
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1996
Sold by
Robles Nicholas and Robles Dolores D
Bought by
Turner John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,050
Interest Rate
7.06%
Mortgage Type
VA

Purchase Details

Closed on
Nov 20, 1993
Sold by
Sayles Norma
Bought by
Robles Nicolas and Robles Dolores D
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
Elgin Lara $207,000 None Listed On Document
316 Lily Lane Llc -- None Listed On Document
Olsen Michael $40,000 --
Lossman Edward $100,000 Plm Title Company
Herter Dawn M $91,000 Chicago Title Insurance Co
Turner John D $77,500 Chicago Title
Robles Nicolas $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elgin Lara $196,650
Previous Owner Herter Dawn M $89,980
Previous Owner Turner John D $79,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $207,000 +1.0% $218 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/24/2023 07/24/23 Price Changed $204,900 -2.0% $216 / Sq Ft
07/17/2023 07/17/23 For Sale $209,000 +422.5% $220 / Sq Ft
02/17/2023 02/17/23 Sold $40,000 -42.8% $58 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $69,900 0.0% $102 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
12/08/2022 12/08/22 Price Changed $69,900 -12.5% $102 / Sq Ft
12/03/2022 12/03/22 For Sale $79,900 -- $116 / 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 $4,537 $54,360 $4,027 $50,333
2023 $3,277 $36,115 $3,608 $32,507
2022 $2,919 $31,216 $3,347 $27,869
2021 $2,785 $29,071 $3,117 $25,954
2020 $2,694 $27,859 $2,987 $24,872
2019 $2,669 $26,454 $2,836 $23,618
2018 $2,826 $25,254 $2,707 $22,547
2017 $2,728 $23,702 $2,541 $21,161
2016 $2,651 $22,152 $2,375 $19,777
2013 -- $21,809 $2,338 $19,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11834482

Midwest Real Estate Data (MRED)

APN: 10-32-476-075