NOT LISTED FOR SALE

402 Jennifer Ln Grayslake, IL 60030

Estimated Value: $470,000 - $574,000

4 Beds
4 Baths
2,520 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $425,000 $169 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,897/month

5 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Property is near a park
  • Grayslake Central High School Rated A
  • Community Lake
  • Wood Flooring

About This Home

As of June 2021

Stunning views and sunsets from the sunroom in this custom Lazaretto colonial home. The cheery wrap-around front porch w/architectual accent trim welcomes family and friends to a stunning home. Incredible carpentry, custom millwork, high-quality varnished hardwood floors, cabinets, trim, ceiling moldings, skylights, and vaulted ceilings are just a few timeless yet elegant finishes throughout. This 4 bed 2.2 bath offers plenty of living space including a 3 season room w/central HVAC. 2.5 car garage w/attic storage & 2+ car driveway. Combined property size w/cleared adjoining useable park land, view of 2+ acres of preserved natural landscape w/o any buildings or structures, private 2+ acre pond, & spacious useable backyard w/mature trees. Convenient location to Washington train station and grammar/high schools. Newer HVAC, hot water heater, refrigerator, garbage disposal, stove, & microwave. A complete list of home updates can be found in additional information!

Last Agent to Sell the Property

Lynn Fairfield

RE/MAX Suburban License #471002589 Listed on: 04/13/2021

RE/MAX Suburban

Last Buyer's Agent

Venetia O'Malley

Century 21 Circle License #475162146

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,476

Year Built

  • Built in 1988

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 102x200x198x146
  • Waterfront

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Historic or Period Millwork
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Garden Windows
  • Six Panel Doors
  • Family Room with Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Woodview Elementary School
  • Grayslake Middle School
  • Grayslake Central High School

Utilities

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

Additional Features

  • Tideland Water Rights
  • Property is near a park

Community Details

  • West Trail Subdivision, Lazzaratto Custom Floorplan
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,476

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: West Trail
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s), Special Millwork, Some Wood Floors
  • LivingArea: 2520
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2520
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Door Features: 6 Panel Door(s)
  • Window Features: Garden Window(s),Skylight(s)

Exterior Features

  • DirectionFaces: East
  • List Price: 415000
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Water Rights, Sidewalks
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Woodview School
  • High School: Grayslake Central High School
  • Middle/Junior School: Grayslake Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.55
  • Lot Dimensions: 102X200X198X146
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 12475.56
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 4, 2021
Sold by
Jackson Robert W and Jackson Susan R
Bought by
Magusin Michael Paul and Lincoln Ann Jeanette
Seller's Agent
Lynn Fairfield
RE/MAX Suburban
Buyer's Agent
Venetia O'Malley
Century 21 Circle
List Price
$415,000
Sold Price
$425,000
Premium/Discount to List
$10,000
2.41%
Current Estimated Value
$533,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,572
Avg. Annual Appreciation
5.38%
Original Mortgage
$340,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2006
Sold by
The Migroup Inc
Bought by
Jackson Robert W and Jackson Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 2006
Sold by
Reagan Timothy J and Reagan Luanne M
Bought by
The Migroup Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Kirkpatrick Bruce L and Kirkpatrick Sally A
Bought by
Reagan Timothy J and Reagan Luanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 1998
Sold by
Johnson David Baird and Johnson Terri Osborne
Bought by
Kirkpatrick Bruce L and Kirkpatrick Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.06%

Purchase Details

Closed on
Nov 8, 1994
Sold by
Moger Werle George B and Moger Werle Terri
Bought by
Johnson David Baird and Johnson Terri Osborne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,800
Interest Rate
8.27%

Purchase Details

Closed on
Feb 18, 1994
Sold by
Moger Werle George B and Moger Werle Terri
Bought by
Werle George B
Source: Public Records

Range of Values:

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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
Magusin Michael Paul $425,000 First American Title
Jackson Robert W $425,000 None Available
The Migroup Inc $425,000 None Available
Reagan Timothy J $387,500 --
Kirkpatrick Bruce L $295,000 --
Johnson David Baird $264,500 --
Werle George B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magusin Michael Paul $340,000
Previous Owner Jackson Robert W $340,000
Previous Owner The Migroup Inc $340,000
Previous Owner Reagan Timothy J $310,000
Previous Owner Kirkpatrick Bruce L $200,000
Previous Owner Johnson David Baird $237,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $425,000 +2.4% $169 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $415,000 -- $165 / 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 $12,776 $135,809 $29,101 $106,708
2023 $12,669 $124,641 $26,708 $97,933
2022 $12,669 $116,646 $22,494 $94,152
2021 $12,503 $112,117 $21,621 $90,496
2020 $12,476 $106,677 $20,572 $86,105
2019 $12,314 $104,501 $21,890 $82,611
2018 $13,717 $116,046 $29,472 $86,574
2017 $13,631 $109,158 $27,723 $81,435
2016 $13,046 $100,764 $25,591 $75,173
2015 $12,671 $92,055 $23,379 $68,676
2014 $11,113 $81,601 $18,105 $63,496
2012 $11,121 $85,223 $18,909 $66,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11052109

Midwest Real Estate Data (MRED)

APN: 06-27-102-038