NOT LISTED FOR SALE

401 Steeplechase Way Lake In the Hills, IL 60156

Estimated Value: $378,000 - $438,000

3 Beds
2.5 Baths
2,663 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $320,500 $120 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,821/month

2 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Mackeben Elementary School Rated A-

About This Home

As of September 2021

Stunning well maintained home located on a dead end street in highly sought after 158 school district. You don't wont to miss out on this one!! Plenty of room to roam around this spacious 3 bedroom 2.5 bath home with a full finished basement ~ fenced in backyard with concrete patio/gazebo and trampoline ~ Not much to do here but move in and add your own personal touches. Come see for yourself. You wont be disappointed. Multiple offers received calling for highest and best tonight the 24th @8:00 pm

Last Agent to Sell the Property

Shawn Kinney

Real People Realty License #475190690 Listed on: 07/22/2021

Real People Realty

Last Buyer's Agent

Maureen Forgette

Century 21 Integra License #471021886

Century 21 Integra

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,511

Year Built

  • Built in 1998

Lot Details

  • 2,919

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,663 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Additional Features

  • 2,919 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Spring Lake Farms Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,511

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Spring Lake Farms
  • Year Built: 1998
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 872
  • LivingArea: 2663
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2663
  • Assessed Sq Ft: 2804
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1791
  • Basement Sq Ft: 872
  • Total Sq Ft: 2663
  • Main Level Sq Ft: 1791
  • Bedroom 2 Flooring: Carpet
  • Kitchen Flooring: Vinyl
  • MRD_MBB: Full
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 12X17
  • Bedroom 3 Flooring: Carpet
  • Family Room Flooring: Carpet

Exterior Features

  • List Price: 300000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 158

Lot Info

  • Lot Size Acres: 0.067
  • Lot Dimensions: 2940
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6510.82
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 25, 2021
Sold by
Nielsen Donna L
Bought by
Arroyo Carlos and Arroyo Meghan
Seller's Agent
Shawn Kinney
Real People Realty
Buyer's Agent
Maureen Forgette
Century 21 Integra
List Price
$300,000
Sold Price
$320,500
Premium/Discount to List
$20,500
6.83%
Current Estimated Value
$417,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,084
Avg. Annual Appreciation
6.72%
Original Mortgage
$251,200
Outstanding Balance
$228,573
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,011

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 16, 2021
Sold by
Nielsen Donna L
Bought by
Arroyo Carlos and Arroyo Meghan
Seller's Agent
Shawn Kinney
Real People Realty
Buyer's Agent
Maureen Forgette
Century 21 Integra
List Price
$300,000
Sold Price
$320,500
Premium/Discount to List
$20,500
6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Outstanding Balance
$228,573
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,011

Purchase Details

Closed on
Nov 10, 2016
Sold by
Nielsen Daniel K and Nielsen Donna L
Bought by
Nielsen Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,569
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
Verdonck Scott and Verdonck Kari
Bought by
Nielsen Daniel K and Nielsen Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,100
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2001
Sold by
Smith Lynn Tawnya and Smith Tawnya R
Bought by
Verdonck Scott and Verdonck Kari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,314
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 1998
Sold by
Sar Development Inc
Bought by
Smith Tawnya R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,796
Interest Rate
6.83%
Mortgage Type
FHA
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
Arroyo Carlos $320,500 Rhodes David
Arroyo Carlos $320,500 Ct
Nielsen Donna L -- Title Source Inc
Nielsen Daniel K $249,000 Pntn
Verdonck Scott $187,000 --
Smith Tawnya R $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Carlos $251,200
Closed Arroyo Carlos $251,200
Previous Owner Nielsen Donna L $182,569
Previous Owner Nielsen Daniel K $199,100
Previous Owner Verdonck Scott $180,314
Previous Owner Smith Tawnya R $174,796
Closed Nielsen Daniel K $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $320,500 +6.8% $120 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $300,000 -- $113 / 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 $7,281 $106,643 $6,989 $99,654
2023 $7,079 $95,798 $6,278 $89,520
2022 $6,815 $87,232 $5,717 $81,515
2021 $6,601 $82,155 $5,384 $76,771
2020 $6,511 $79,964 $5,240 $74,724
2019 $6,408 $77,922 $5,106 $72,816
2018 $6,228 $74,426 $5,747 $68,679
2017 $6,104 $70,140 $5,416 $64,724
2016 $6,154 $66,685 $5,149 $61,536
2013 -- $64,403 $13,363 $51,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11164734

Midwest Real Estate Data (MRED)

APN: 18-26-352-015