NOT LISTED FOR SALE

408 Shady Ln Mundelein, IL 60060

Estimated Value: $270,000 - $289,681

4 Beds
1 Bath
1,397 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $130,000 $93 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,875/month

7 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Detached Garage
  • Mundelein Cons High School Rated A
  • Fenced Yard
  • 2-minute walk to Hickory Park

About This Home

As of December 2013

Extremely well maintained 4 bedroom ranch in mint condition. New roof & siding. Neat, clean and ready to move in. Large living room boasts fireplace and loads of windows. Nice eat-in kitchen with loads of cabinets. Large master bedroom with great views of private fenced backyard. Enjoy outdoor parties in the private courtyard. Large storage shed, plus 2 1/2 car detached garage. Close to Diamond Lake ! Must See !

Last Agent to Sell the Property

John Worklan

Baird & Warner License #471005298 Listed on: 09/25/2013

Baird & Warner

Last Buyer's Agent

Maria Linares

Baird & Warner License #475131046

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,928

Year Built

  • 1950

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Wooded Lot

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Disposal

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,928

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 24X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 16X12, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Parquet, Windows: All
  • Bedroom 4: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1397

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South)

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 76

Lot Info

  • Lot Dimensions: 100 X 100
  • Lot Description: Fenced Yard, Wooded
  • Parcel Identification Number: 11311220400000

Tax Info

  • Taxes: 3488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2013
Closed on
Dec 19, 2013
Sold by
Morris Eugene and Morris Anne M
Bought by
Andrade Flores Jose and Andrade Andrea
Seller's Agent
John Worklan
Baird & Warner
Buyer's Agent
Maria Linares
Baird & Warner
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Current Estimated Value
$278,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,420
Avg. Annual Appreciation
6.61%
Original Mortgage
$55,000
Outstanding Balance
$41,016
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$237,404

Purchase Details

Closed on
Oct 29, 1993
Sold by
Schaefer Edward W and Schaefer Robin E
Bought by
Morris Eugene and Morris Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
7.29%
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
Andrade Flores Jose $130,000 Chicago Title Insurance Co
Morris Eugene $75,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrade Flores Jose $55,000
Previous Owner Morris Eugene $90,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2013 12/19/13 Sold $130,000 -3.7% $93 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $135,000 -- $97 / 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 $4,928 $71,140 $18,899 $52,241
2023 $1,965 $62,491 $16,601 $45,890
2022 $1,965 $55,218 $15,955 $39,263
2021 $1,938 $54,030 $15,612 $38,418
2020 $1,945 $48,293 $13,955 $34,338
2019 $1,910 $43,484 $12,565 $30,919
2018 $1,960 $34,732 $8,080 $26,652
2017 $1,966 $33,636 $7,825 $25,811
2016 $2,008 $31,891 $7,419 $24,472
2015 $2,094 $29,807 $6,934 $22,873
2014 $3,394 $29,407 $6,841 $22,566
2012 $3,471 $42,373 $9,857 $32,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08452962

Midwest Real Estate Data (MRED)

APN: 11-31-122-040