3818 May Ln Spring Grove, IL 60081
Spring Grove NeighborhoodEstimated Value: $423,696 - $475,000
3
Beds
2.5
Baths
1,654
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- 5.15 Acre Lot
- Ranch Style House
- Richmond-Burton High School Rated 9+
- Mature Trees
- Mud Room
About This Home
As of August 2021Gorgeous setting for this 3 Bedroom 2 1/2 Bath Ranch home on over 5 acres zoned Ag with mature trees. The back yard is a park like setting featuring giant oak trees and wonderful country views. This home has been beautifully updated with new carpet, fresh paint, light fixtures, hardware and interior doors. The open foyer leads you into a large living room w/ bay window, gas fireplace and plenty of natural light. It flows into an updated kitchen w/ solid surface counters, new sink, closet pantry, new stainless steel appliances, a large eating area w/ plenty of table space and a pass through to the living room. The nice sized master bedroom has a fully renovated master bathroom. One of the extra bedrooms is huge with 2 closet (could be separated into 2 rooms to make this home a 4 bedroom). The first floor also features a laundry room and mud room. The basement has been opened up and the ceiling, walls and floor have been painted for a more finished space. The mechanicals are tucked into one location and a new exterior door has been installed to provide exterior access to the back yard. The 2 car heated garage has new garage door openers and could accommodate 3 cars tandem or be used as a workshop area. Some additional updates include a new hot water heater, water shuts offs and spigots, RO system and exterior lights. Plus, 50 brand new privacy trees were just planted!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,320
Year Built
- Built in 1978
Lot Details
- 5.15 Acre Lot
- Lot Dimensions are 270 x 230 x 457 x 161 x 120 x 608 x 172
- Paved or Partially Paved Lot
- Mature Trees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
- Radon Mitigation System
- Concrete Perimeter Foundation
Interior Spaces
- 1,654 Sq Ft Home
- Ceiling Fan
- Gas Log Fireplace
- Mud Room
- Entrance Foyer
- Living Room with Fireplace
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Schools
- Richmond Grade Elementary School
- Nippersink Middle School
- Richmond-Burton Community High School
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Water Softener is Owned
- Private or Community Septic Tank
Community Details
- Ranch
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Aug 25, 2021
Sold by
Wolfe Benjamin D and Wolfe Kristel A
Bought by
Gress Jason and Gress Cheryl
Seller's Agent
Laura Lanz
RE/MAX Plaza
Buyer's Agent
Kenneth Bieschke
Rissa Realty Inc
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Total Days on Market
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,424
Avg. Annual Appreciation
7.56%
Original Mortgage
$207,000
Outstanding Balance
$190,396
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$262,028
Purchase Details
Listed on
May 6, 2019
Closed on
Aug 6, 2019
Sold by
Howe Judy and May Harvey
Bought by
Wolfe Benjamin D and Wolfe Kristel A
Seller's Agent
Elise Livingston
RE/MAX Plaza
Buyer's Agent
Laura Lanz
RE/MAX Plaza
List Price
$299,900
Sold Price
$292,900
Premium/Discount to List
-$7,000
-2.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$263,610
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2002
Sold by
Everly Bruce and Gunderson Mark
Bought by
Ramos Abelardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7%
Purchase Details
Closed on
Dec 20, 1996
Sold by
May Edward M and May Luella K
Bought by
Everly Bruce and Gunderson Mark
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Spring Grove, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gress Jason | $345,000 | None Available | |
| Wolfe Benjamin D | $293,000 | Chicago Title | |
| Ramos Abelardo | $100,000 | -- | |
| Everly Bruce | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gress Jason | $207,000 | |
| Previous Owner | Wolfe Benjamin D | $263,610 | |
| Previous Owner | Ramos Abelardo | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2021 08/30/21 | Sold | $345,000 | -8.0% | $209 / Sq Ft |
| 07/08/2021 07/08/21 | Pending | -- | -- | -- |
| 05/27/2021 05/27/21 | For Sale | $375,000 | +28.0% | $227 / Sq Ft |
| 08/06/2019 08/06/19 | Sold | $292,900 | 0.0% | -- |
| 06/01/2019 06/01/19 | Pending | -- | -- | -- |
| 05/17/2019 05/17/19 | Price Changed | $292,900 | -2.3% | -- |
| 05/06/2019 05/06/19 | For Sale | $299,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,949 | $108,700 | $20,505 | $88,195 |
| 2022 | $7,704 | $97,861 | $18,449 | $79,412 |
| 2021 | $7,448 | $93,872 | $17,654 | $76,218 |
| 2020 | $7,320 | $90,272 | $16,936 | $73,336 |
| 2019 | $2,514 | $67,242 | $13,263 | $53,979 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Lanz
Seller's Agent in 2021
Laura Lanz
RE/MAX
(815) 560-1738
5 in this area
72 Total Sales
-
Kenneth Bieschke
K
Buyer's Agent in 2021
Kenneth Bieschke
Rissa Realty Inc
(847) 344-9424
1 in this area
42 Total Sales
-
Elise Livingston
Seller's Agent in 2019
Elise Livingston
RE/MAX
(815) 347-2807
18 in this area
131 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11103155
APN: 04-26-301-009
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