NOT LISTED FOR SALE

388 S Slusser St Grayslake, IL 60030

Estimated Value: $271,000 - $312,000

2 Beds
2 Baths
1,028 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $195,000 $190 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,067/month

Highlights

  • Detached Garage
  • 5-minute walk to Grayslake Station (Md-N)
  • 1-Story Property
  • Grayslake Central High School Rated A

About This Home

As of October 2021

**** SOLD BEFORE PROCESSING *****

Last Agent to Sell the Property

Nano Engdahl

Baird & Warner License #475130315 Listed on: 09/15/2021

Baird & Warner

Last Buyer's Agent

Nano Engdahl

Baird & Warner License #475130315 Listed on: 09/15/2021

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,767

Year Built

  • 1949

Lot Details

  • 0.3

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,767

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 71-80 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
  • Directions: Rt 137 - left on Belvidere Rd left onto S. Slusser St. to house
  • Lot Size: 172 X 75 X 172 X 75
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1949

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Enclosed Porch

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Stone
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 127

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 6062.56
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 12, 2021
Sold by
Gaddis Richard A
Bought by
Falson Phillip and Falson Eileen
Seller's Agent
Nano Engdahl
Baird & Warner
Buyer's Agent
Nano Engdahl
Baird & Warner
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$285,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,658
Avg. Annual Appreciation
9.86%
Original Mortgage
$180,700
Outstanding Balance
$165,232
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$120,426

Purchase Details

Closed on
Nov 8, 2018
Sold by
Ruchtman John P and Gaddis Richard A
Bought by
Gaddis Richard A

Purchase Details

Closed on
Sep 4, 2009
Sold by
Hildebrandt Ursula R
Bought by
Strang David G and David G Strang Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.32%
Mortgage Type
Credit Line Revolving
Source: Public Records

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 Buyer Sale Price Title Company
Falson Phillip $195,000 Chicago Title
Gaddis Richard A -- None Available
Strang David G $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falson Phillip $180,700
Previous Owner Strang David G $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $195,000 0.0% $190 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $195,000 -- $190 / 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 $6,767 $71,386 $25,246 $46,140
2023 $6,395 $65,516 $23,170 $42,346
2022 $6,395 $59,308 $9,594 $49,714
2021 $6,310 $57,005 $9,221 $47,784
2020 $6,293 $54,239 $8,774 $45,465
2019 $6,067 $52,038 $8,418 $43,620
2018 $7,112 $60,095 $22,408 $37,687
2017 $7,019 $56,528 $21,078 $35,450
2016 $6,715 $52,181 $19,457 $32,724
2015 $6,514 $47,671 $17,775 $29,896
2014 $6,064 $44,525 $15,589 $28,936
2012 $5,996 $46,501 $16,281 $30,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11219796

Midwest Real Estate Data (MRED)

APN: 06-35-112-029