NOT LISTED FOR SALE

40 N Fairlawn Ave Mundelein, IL 60060

Estimated Value: $294,000 - $359,000

5 Beds
2 Baths
1,872 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $211,500 $113 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,399/month

40 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Laundry Room
  • Mundelein Cons High School Rated A
  • 2 Car Detached Garage
  • 5-minute walk to Cambridge Country Park

About This Home

As of August 2016

Beautiful, grandiose house 5 bedrooms 2 full baths. Master bedroom is 25X11. Remodeled and ready to move-in. Brand new kitchen with granite countertops. Stainless Steel Appliances and shaker style cabinets. New baths. New Hardwood floor upper level and new carpet on lower level. All new windows. Lots of closets. Big driveway leading to 2+ car garage. Nice back yard with deck and patio. Charming home in desirable location.

Last Agent to Sell the Property

Valerie Zob

HomeSmart Connect LLC License #475142865 Listed on: 06/17/2016

HomeSmart Connect LLC

Last Buyer's Agent

Maria Chavez

HomeSmart Connect LLC License #475162226

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,301

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 50x136

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • 2-Story Property
  • Aluminum Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • Combination Dining and Living Room
  • Storage Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Schools

  • Carl Sandburg Middle School
  • Mundelein Cons High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,301

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1872
  • Room Type: Bedroom 5, Storage
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • High School: MUNDELEIN CONS HIGH SCHOOL
  • Middle/Junior School: CARL SANDBURG MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X136
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5301
  • Tax Year: 2014
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Aug 29, 2016
Sold by
Luk Investors Llc
Bought by
Nunez Yessica Borjas and Torres Martina
Seller's Agent
Valerie Zob
HomeSmart Connect LLC
Buyer's Agent
Maria Chavez
HomeSmart Connect LLC
List Price
$224,900
Sold Price
$211,500
Premium/Discount to List
-$13,400
-5.96%
Current Estimated Value
$329,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,089
Avg. Annual Appreciation
4.90%
Original Mortgage
$207,668
Outstanding Balance
$167,562
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$162,027

Purchase Details

Closed on
Oct 15, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Luk Investors Llc

Purchase Details

Closed on
Apr 29, 2015
Sold by
Gonzalez Adolfo and Case #14 Ch 01601
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 20, 2013
Sold by
Gonzalez Cesar and Gonzalez Jose Carmen
Bought by
Castillo Juan C and Gonzalez Adolfo

Purchase Details

Closed on
Apr 4, 2007
Sold by
Gonzalez Adolfo and Castillo Tellez Juan C
Bought by
Gonzalez Cesar and Gonzalez Jose Carmen

Purchase Details

Closed on
Nov 15, 2006
Sold by
Salgado Enio
Bought by
Gonzalez Adolfo and Castillo Tellez Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2004
Sold by
Paddock Kevin J and Paddock Janet L
Bought by
Salgado Enio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nunez Yessica Borjas $211,500 Attorney
Luk Investors Llc $114,000 Attorney
Deutsche Bank National Trust Company -- None Available
Castillo Juan C -- Attorneys Title Guaranty Fun
Gonzalez Cesar -- None Available
Gonzalez Adolfo $260,000 Attorneys Title Guaranty Fun
Salgado Enio $220,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Yessica Borjas $207,668
Previous Owner Gonzalez Adolfo $208,000
Previous Owner Salgado Enio $176,000
Closed Salgado Enio $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2016 08/30/16 Sold $211,500 -3.6% $113 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
06/28/2016 06/28/16 Price Changed $219,500 -2.4% $117 / Sq Ft
06/17/2016 06/17/16 For Sale $224,900 -- $120 / 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 $8,009 $91,034 $14,166 $76,868
2023 $7,254 $83,411 $12,980 $70,431
2022 $7,254 $73,434 $11,524 $61,910
2021 $6,933 $70,861 $11,120 $59,741
2020 $6,816 $68,911 $10,814 $58,097
2019 $6,594 $66,645 $10,458 $56,187
2018 $5,661 $58,071 $10,931 $47,140
2017 $5,585 $56,243 $10,587 $45,656
2016 $6,115 $53,417 $10,055 $43,362
2015 $5,277 $50,077 $9,426 $40,651
2014 $5,099 $49,350 $9,343 $40,007
2012 $5,170 $49,788 $9,426 $40,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09261010

Midwest Real Estate Data (MRED)

APN: 10-25-106-016