NOT LISTED FOR SALE

Estimated Value: $117,000 - $365,000

3 Beds
2.5 Baths
1,988 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $180,000 $91 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,521/month

2 Days on Market

Highlights

  • 0.74 Acre Lot
  • Community Lake
  • Property is near a park
  • B.J. Hooper Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of October 2022

BRAND NEW ROOF! BRAND NEW WATER HEATER! Fantastic investment opportunity in this raised ranch home in Venetian Village. Great location by multiple lakes, shopping, and more! Voluminous open floor plan on the main level. Living and dining rooms with vaulted ceilings! Kitchen overlooking living room and dining room. Master with ensuite bath. Second bedroom and full bath on main level. Lower level with exterior access, family room, third bedroom, and half bath. Huge open yard. Property sold as is. No formal inspection done by owner when purchased. Buyer is responsible for any costs related to taking possession upon closing. Seller highly recommends buyer due diligence before placing offers.

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 08/30/2022

Co-Listed By

Jane Zhang

RE/MAX Top Performers License #475148437

Last Buyer's Agent

Dawn Ruiz

Red Door Realty LLC License #475129200

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,793

Year Built

  • Built in 1970

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 120x135x120x135
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Asphalt Roof

Interior Spaces

  • 1,988 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Storm Screens
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • B J Hooper Elementary School
  • Peter J Palombi Middle School
  • Grayslake North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Additional Features

  • Deck
  • Property is near a park

Community Details

  • Venetian Village Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,793

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Subdivision Name: Venetian Village
  • Year Built: 1970
  • Age: 51-60 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): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 1988
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1028
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1028
  • Total Sq Ft: 1988
  • Main Level Sq Ft: 1028
  • Unfinished Lower Sq Ft: 960
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 150000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

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

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: B J Hooper Elementary School
  • High School: Grayslake North High School
  • Middle/Junior School: Peter J Palombi School
  • Middle/Junior School District: 41

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.7438
  • Lot Dimensions: 120X135X120X135
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6793.22
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2024
Sold by
Melos Leasing Llc
Bought by
Martine Jose and Ayala Rebecca
Current Estimated Value
$273,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Outstanding Balance
$174,452
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$99,215

Purchase Details

Listed on
Aug 30, 2022
Closed on
Oct 17, 2022
Sold by
Chen Kai
Bought by
Melos Leasing Llc
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Dawn Ruiz
Red Door Realty LLC
List Price
$150,000
Sold Price
$180,000
Premium/Discount to List
$30,000
20%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%
Original Mortgage
$157,500
Interest Rate
6.92%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 14, 2021
Sold by
U S Bank Trust National Association
Bought by
Chen Kai
Seller's Agent
Judy Cox
Results Realty ERA Powered
Buyer's Agent
Jane Lee
RE/MAX Top Performers
List Price
$209,900
Sold Price
$173,366
Premium/Discount to List
-$36,534
-17.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%

Purchase Details

Closed on
Apr 15, 2021
Sold by
Sheriff Of Lake County
Bought by
Carisbrook Asset Holding Trust and Us Bank Trust

Purchase Details

Closed on
Jun 12, 2001
Sold by
Anderson John and Anderson Sheila
Bought by
Schopf James and Schopf Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.27%

Purchase Details

Closed on
Aug 19, 1997
Sold by
Vanderhoff Jeanette and Beeson Patricia
Bought by
Anderson John and Anderson Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.56%
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
Martine Jose $180,000 None Listed On Document
Melos Leasing Llc $180,000 Fidelity National Title
Chen Kai $173,500 Proper Title Llc
Carisbrook Asset Holding Trust -- None Listed On Document
Schopf James $171,000 Lawyers Title Pick Up
Anderson John $98,666 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martine Jose $176,739
Previous Owner Melos Leasing Llc $157,500
Previous Owner Schopf James $13,935
Previous Owner Schopf James $172,328
Previous Owner Schopf James $7,000
Previous Owner Schopf James $169,076
Previous Owner Schopf James $163,800
Previous Owner Schopf James $136,800
Previous Owner Anderson John $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $180,000 +20.0% $91 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $150,000 -13.5% $75 / Sq Ft
09/20/2021 09/20/21 Sold $173,366 -17.4% $169 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $209,900 -- $204 / 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 $355 $4,080 $4,080 --
2023 $376 $3,605 $3,605 --
2022 $376 $3,732 $3,732 $0
2021 $365 $3,467 $3,467 $0
2020 $376 $3,356 $3,356 $0
2019 $384 $3,225 $3,225 $0
2018 $423 $3,605 $3,605 $0
2017 $412 $3,509 $3,509 $0
2016 $424 $3,367 $3,367 $0
2015 $417 $3,145 $3,145 $0
2014 $399 $3,127 $3,127 $0
2012 $277 $3,142 $3,142 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11616919

Midwest Real Estate Data (MRED)

APN: 06-10-205-018