NOT LISTED FOR SALE

416 Elaine Terrace Lakemoor, IL 60051

Estimated Value: $173,500

3 Beds
2 Baths
1,536 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $90,000 $59 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,120/month

1 Day on Market

About This Home

As of September 2020

This 4 bedroom 2.5 bath home is perfect for house flippers and a great investment opportunity. Total gut job needed on this ranch. On a positive note, there is a full basement and an extra lot that comes with it! Great interior lot. Quiet peaceful street. Long time tenant moved out and owner has decided to sell! This home is not for the faint. Easy access to highway and shopping.

Last Agent to Sell the Property

Lori Progar

Coldwell Banker Realty License #471009309 Listed on: 09/06/2020

Coldwell Banker Realty

Last Buyer's Agent

Melissa Gasmann

Berkshire Hathaway HomeServices Starck Real Estate

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,727

Year Built

  • 1988

Lot Details

  • East or West Exposure

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Unfinished Basement

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

Parking

  • Parking Available
  • Parking Space is Owned

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,727

Year Built

1988

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1536
  • Type Detached: 1 Story
  • Estimated Year Built: 1988
  • Total Sq Ft: 1536
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 10X11, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 1536
  • Estimated Total Finished Sq Ft: 1536
  • Main Level Sq Ft: 1536

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: W (West)
  • Acreage: 0.09

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1536

Schools

  • School District: 156
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 62 X 104.8
  • Parcel Identification Number: 1032409012

Tax Info

  • Taxes: 5194.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2020
Closed on
Sep 30, 2020
Sold by
Jones Karen Christophersen and Christophersen Karl E
Bought by
Gasmann Eric and Gasmann Melissa
Seller's Agent
Lori Progar
Coldwell Banker Realty
Buyer's Agent
Melissa Gasmann
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$89,500
Sold Price
$90,000
Premium/Discount to List
$500
0.56%
Current Estimated Value
$173,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,500

Purchase Details

Closed on
Apr 2, 2002
Sold by
Christophersen Karl E
Bought by
Christophersen Karl E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gasmann Eric $90,000 Burnet Title
Christophersen Karl E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christophersen Karl $93,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $90,000 0.0% $59 / Sq Ft
09/18/2020 09/18/20 Off Market $90,000 -- --
09/07/2020 09/07/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $89,500 -- $58 / 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
2020 $2,727 $28,200 $2,691 $25,509
2019 $5,194 $51,481 $2,555 $48,926
2018 $5,500 $49,146 $2,439 $46,707
2017 $5,158 $46,125 $2,289 $43,836
2016 $5,158 $43,107 $2,139 $40,968
2013 -- $42,441 $2,107 $40,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10848848

Midwest Real Estate Data (MRED)

APN: 10-32-409-012