$400,000
SOLD SEP 9, 2024
0.46 Acre
$869,565 Price per Acre
20,038 Sq Ft Lot

Recently Sold

$193 Per Sq Ft

20% Below List Price

15 Days on Market

About This Lot

As of September 2024

Build your dream home on this beautiful 1/2 acre lot 2 blocks from Sprague Elementary School and nestled in the Award-Winning Stevenson High School District. The existing, charming and nicely updated 3 bedroom/2 bath ranch is rented through 8/31, 2024. The fantastic tenant would love to stay so this could be your ideal opportunity to grab this gorgeous lot now, if your building plans are down the road. There is new construction nearby and extensively renovated homes in the area but lots in this location and in this area of Lincolnshire are scarce. Feel free to call Mike with any questions you may have. Sold As Is & agent owned. DO NOT WALK THE PROPERTY WITHOUT PERMISSION! NO SIGN.

Last Agent to Sell the Property

Michael Vecchione

Coldwell Banker Realty License #475084755

Coldwell Banker Realty

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,695

Year Built

  • 1961

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Property is zoned SINGL

Schools

  • Laura B Sprague Elementary School
  • Daniel Wright Junior High School
  • Adlai E Stevenson High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$11,695

Year Built

1961

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1961

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 100
  • Frontage Type: City Street
  • List Price: 499000
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water to Site

Schools

  • Elementary School: Laura B Sprague School
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Daniel Wright Junior High School
  • Middle/Junior School District: 103

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 100X200
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 20038

Rental Info

  • Board Number: 2

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 11695.44
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Aug 30, 2024
Sold by
Vecchione Michael J and Vecchione Marcia C
Bought by
Arthur J Greene Residences Llc
Seller's Agent
Michael Vecchione
Coldwell Banker Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Total Days on Market
15
Views
14
Current Estimated Value
$434,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,028
Avg. Annual Appreciation
12.01%
Original Mortgage
$1,113,990
Outstanding Balance
$472,913
Interest Rate
6.47%
Mortgage Type
Construction
Estimated Equity
-$38,885

Purchase Details

Closed on
Nov 22, 2017
Sold by
Vecchione Marcia C and Vecchione Michael J
Bought by
Vecchione Marcia C and Vecchione Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2006
Sold by
Vecchione Michael J and Vecchione Marcia C
Bought by
Vecchione Marcia C

Purchase Details

Closed on
Jan 5, 2000
Sold by
Vecchione Michael J and Vecchione Marcia C
Bought by
Vecchione Michael J and Vecchione Marcia C

Purchase Details

Closed on
May 28, 1996
Sold by
Marujo Roberto C and Marujo Tania R
Bought by
Vecchione Michaelj and Vecchione Marcia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7%

Map

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 $400,000 Chicago Title
Interfamily Deed Transfer -- Carrington Title Partners Ll
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $319,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,113,990 Construction
Previous Owner $165,000 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $139,163 Stand Alone Second
Previous Owner $140,000 Credit Line Revolving
Previous Owner $165,500 Unknown
Previous Owner $139,800 Credit Line Revolving
Previous Owner $170,000 Unknown
Previous Owner $175,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $210,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $400,000 -19.8% $193 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $499,000 -- $241 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $11,695 $144,689 $76,399 $68,290
2023 $10,422 $126,412 $66,748 $59,664
2022 $10,422 $125,921 $66,489 $59,432
2021 $10,014 $124,563 $65,772 $58,791
2020 $9,768 $124,988 $65,996 $58,992
2019 $10,733 $139,489 $65,753 $73,736
2018 $10,373 $138,859 $71,477 $67,382
2017 $10,217 $135,618 $69,809 $65,809
2016 $11,914 $144,757 $66,848 $77,909
2015 $11,702 $135,376 $62,516 $72,860
2014 $11,183 $129,519 $67,141 $62,378
2012 $10,832 $129,779 $67,276 $62,503
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12038963

Midwest Real Estate Data (MRED)

APN: 15-24-105-006