NOT LISTED FOR SALE

407 Rays Ln Mundelein, IL 60060

Estimated Value: $217,000 - $285,000

2 Beds
2 Baths
1,032 Sq Ft
$248/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $122,500 $119 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,633/month

9 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Fenced Yard
  • Mundelein Cons High School Rated A
  • Walk-In Pantry
  • 4-minute walk to Diamond Lake Beach

About This Home

As of July 2018

Great Starter Home across the street from park and within walking distance to Diamond Lake, recreation center, stores and restaurants! This Cozy home offers a New Roof, Furnace and Skylight (06-2018). Hardwood floors throughout first floor, partially finished basement with an additional bathroom, nice front porch and fenced yard. This property is sold in As-Is condition. 100% tax prorations. Seller does not provide survey. Cash Offers. Include copy of certified earnest money funds & Proof of Funds with offer. Seller & their agents will not be responsible for any misrepresentations within tax or MLS data. Contract & addendums/report are posted on MRED. This property is eligible under the Freddie Mac First Look Initiative through 07-08-18.

Last Agent to Sell the Property

Nadine Kilpatrick

RE/MAX Plaza License #475136718 Listed on: 06/18/2018

RE/MAX Plaza

Last Buyer's Agent

John Nash

Jameson Sotheby's International Realty License #475097425

Jameson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,463

Year Built

  • 1962

Lot Details

  • 5,053

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Masonite

Interior Spaces

  • Bathroom on Main Level
  • Skylights
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Porch
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,463

Year Built

1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1962
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, 1st Floor Full Bath
  • Number Of Rooms: 4
  • Living Room: Dimensions: 28X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1032
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Masonite
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 76

Lot Info

  • Lot Dimensions: 50X100
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 11311200060000

Tax Info

  • Taxes: 3343.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jul 18, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Riege Curtis H
Seller's Agent
Nadine Kilpatrick
RE/MAX Plaza
Buyer's Agent
John Nash
Jameson Sotheby's International Realty
List Price
$134,900
Sold Price
$122,500
Premium/Discount to List
-$12,400
-9.19%
Current Estimated Value
$255,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,148
Avg. Annual Appreciation
10.66%

Purchase Details

Closed on
Jan 19, 2018
Sold by
Valimohamad Richard
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 12, 2006
Sold by
Holeczy Roger and Holeczy Steven
Bought by
Valimohammad Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,550
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2003
Sold by
Dreisbach Christine
Bought by
Holeczy Steven and Holeczy Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2002
Sold by
Dreisbach Richard
Bought by
Dreisbach Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.03%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 18, 2000
Sold by
Kuehn Hana C and Kuehn Heidi E
Bought by
Dreisbach Richard and Dreisbach Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
8.12%

Purchase Details

Closed on
Jan 30, 1995
Sold by
Kirshner Annette
Bought by
Kuehn Hans C and Kuehn Heidi E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.9%

Purchase Details

Closed on
Jun 9, 1994
Sold by
Crenshaw Charles and Crenshaw Gail
Bought by
Kirshner Annette
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Riege Curtis H $122,500 Real Estate Title Co
Federal Home Loan Mortgage Corporation -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Valimohammad Richard $203,000 None Available
Holeczy Steven $170,000 Lawyers Title Ins Co
Dreisbach Christine -- Chicago Title Insurance Co
Dreisbach Richard $139,000 Chicago Title Insurance Co
Kuehn Hans C $110,000 First American Title
Kirshner Annette -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valimohammad Richard $172,550
Previous Owner Holeczy Steven $161,400
Previous Owner Dreisbach Christine $121,000
Previous Owner Dreisbach Richard $121,000
Previous Owner Kuehn Hans C $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2018 07/26/18 Sold $122,500 -9.2% $119 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $134,900 -- $131 / 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 $3,463 $62,667 $12,598 $50,069
2023 $4,021 $55,049 $11,067 $43,982
2022 $4,021 $48,668 $10,636 $38,032
2021 $4,383 $47,620 $10,407 $37,213
2020 $3,864 $42,563 $9,302 $33,261
2019 $3,407 $38,326 $8,376 $29,950
2018 $3,387 $32,326 $5,385 $26,941
2017 $3,344 $31,305 $5,215 $26,090
2016 $3,239 $29,682 $4,945 $24,737
2015 $3,156 $27,743 $4,622 $23,121
2014 $4,267 $27,371 $4,560 $22,811
2012 $4,164 $39,442 $6,571 $32,871
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09989047

Midwest Real Estate Data (MRED)

APN: 11-31-120-006