418 S Lake Terrace Mundelein, IL 60060
3
Beds
2
Baths
1,224
Sq Ft
5,968
Sq Ft Lot
Highlights
- Main Floor Bedroom
- 1.5 Car Detached Garage
- Living Room
- Mundelein Cons High School Rated A
- Soaking Tub
- Laundry Room
About This Home
As of November 2024Don't miss this sparkling completely renovated 3 bedroom 2 bath home just blocks from the lake! Spacious kitchen featuring new white shaker cabinets with black accent pulls, new stainless steel appliances and beautiful new countertops. New flooring throughout! First floor bedroom, full bath and laundry too! The second floor features two additional bedrooms and an additional full bath! New 200 amp electric, furnace, hot water heater, air conditioner, water line to city main, sewer line to city sewer. New plumbing and gas lines throughout too! This one is not to be missed!
Last Buyer's Agent
@properties Christie's International Real Estate License #475126785
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,629
Year Built
- Built in 1941 | Remodeled in 2024
Lot Details
- 5,968 Sq Ft Lot
- Lot Dimensions are 50x120x50x120
- Paved or Partially Paved Lot
Parking
- 1.5 Car Detached Garage
- Parking Included in Price
Home Design
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,224 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Laminate Flooring
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
Schools
- Mechanics Grove Elementary Schoo
- Carl Sandburg Middle School
- Mundelein Cons High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2024
Closed on
Nov 8, 2024
Sold by
Akel Iyad A
Bought by
Chiesa Anthony M and Chiesa Vanessa J
Seller's Agent
Matthew Messel
Compass
Buyer's Agent
Tara Kelleher
@properties Christie's International Real Estate
List Price
$265,000
Sold Price
$285,000
Premium/Discount to List
$20,000
7.55%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,115
Avg. Annual Appreciation
1.27%
Original Mortgage
$275,488
Outstanding Balance
$273,358
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$14,530
Purchase Details
Closed on
Jan 31, 2023
Sold by
Stanwich Mortgage Loan Trust
Bought by
Akel Iyad A
Purchase Details
Closed on
Nov 2, 2022
Sold by
Hurtenbach William A
Bought by
Stanwich Mortgage Loan Trust and United States Of America-Department Of Housing And Urban Dev
Purchase Details
Closed on
Sep 9, 1997
Sold by
Va
Bought by
Hurtenbach William A and Hurtenbach Susan J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,950
Interest Rate
10%
Similar Homes in Mundelein, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | Fidelity National Title | |
| Warranty Deed | $285,000 | Fidelity National Title | |
| Special Warranty Deed | $120,500 | -- | |
| Sheriffs Deed | -- | -- | |
| Warranty Deed | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,488 | FHA | |
| Closed | $275,488 | FHA | |
| Previous Owner | $51,908 | FHA | |
| Previous Owner | $154,280 | FHA | |
| Previous Owner | $131,750 | Unknown | |
| Previous Owner | $82,950 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $285,000 | +7.5% | $233 / Sq Ft |
| 10/09/2024 10/09/24 | For Sale | $265,000 | -- | $217 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,183 | $68,200 | $18,041 | $50,159 |
| 2023 | $5,183 | $56,807 | $15,027 | $41,780 |
| 2022 | $4,629 | $49,033 | $15,718 | $33,315 |
| 2021 | $4,222 | $45,497 | $14,859 | $30,638 |
| 2020 | $4,143 | $44,245 | $14,450 | $29,795 |
| 2019 | $4,004 | $42,790 | $13,975 | $28,815 |
| 2018 | $3,864 | $41,578 | $13,566 | $28,012 |
| 2017 | $3,810 | $40,269 | $13,139 | $27,130 |
| 2016 | $3,692 | $38,246 | $12,479 | $25,767 |
| 2015 | $3,574 | $35,855 | $11,699 | $24,156 |
| 2014 | $3,417 | $35,036 | $11,180 | $23,856 |
| 2012 | $3,676 | $35,347 | $11,279 | $24,068 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Messel
Seller's Agent in 2024
Matthew Messel
Compass
(847) 420-1269
9 in this area
603 Total Sales
-
Lisa Bobby
Seller Co-Listing Agent in 2024
Lisa Bobby
Compass
(847) 980-2454
1 in this area
45 Total Sales
-
Tara Kelleher
Buyer's Agent in 2024
Tara Kelleher
@ Properties
(847) 826-2178
1 in this area
194 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12177591
APN: 10-25-431-007
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