NOT LISTED FOR SALE

37044 N Black Velvet Ln Wadsworth, IL 60083

Estimated Value: $966,000 - $4,550,000

4 Beds
6 Baths
6,640 Sq Ft
$291/Sq Ft Est. Value

About This Home

This home is located at 37044 N Black Velvet Ln, Wadsworth, IL 60083 and is currently estimated at $1,933,898, approximately $291 per square foot. 37044 N Black Velvet Ln is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Intermediate School, and Woodland Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2012
Sold by
Yunker Jeffery and Yunker Christine
Bought by
Meidel Eric and Meidel Anji
Current Estimated Value
$1,933,898

Purchase Details

Closed on
Jun 4, 2010
Sold by
Kepinski Adam
Bought by
Yunker Jeffery and Yunker Christine

Purchase Details

Closed on
Aug 12, 2009
Sold by
National City Bank
Bought by
Kepinski Adam

Purchase Details

Closed on
Oct 9, 2008
Sold by
Szymel Joanna and Case #08 Ch 595
Bought by
National City Bank

Purchase Details

Closed on
Jul 17, 2006
Sold by
Dederich Patricia V
Bought by
Szymel Stanley and Szymel Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2006
Sold by
Dederich Gerard J and Dederich Patricia V
Bought by
Dederich Patricia V

Purchase Details

Closed on
Oct 8, 1998
Sold by
Dederich Gerald J
Bought by
Dederich Patricia V
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

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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
Meidel Eric $330,000 Fidelity National Title
Yunker Jeffery $312,000 Ticor
Kepinski Adam $155,000 Ticor
National City Bank -- None Available
Szymel Stanley $450,000 1St American Title
Dederich Patricia V -- 1St American Title
Dederich Patricia V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meidel Eric $800,000
Closed Meidel Eric $145,600
Closed Meidel Eric $1,040,000
Previous Owner Szymel Stanley $360,000
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
2024 $29,852 $374,239 $44,587 $329,652
2023 $29,852 $347,450 $41,395 $306,055
2022 $32,173 $355,054 $46,305 $308,749
2021 $29,055 $340,808 $44,447 $296,361
2020 $27,009 $297,568 $43,354 $254,214
2019 $26,515 $288,929 $42,095 $246,834
2018 $23,317 $262,259 $64,278 $197,981
2017 $28,189 $306,274 $62,392 $243,882
2016 $28,741 $292,637 $59,614 $233,023
2015 $5,712 $56,537 $56,537 $0
2014 $6,336 $63,120 $63,120 $0
2012 $5,980 $63,603 $63,603 $0
Source: Public Records

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