NOT LISTED FOR SALE

431 N Lancers Dr Addison, IL 60101

Estimated Value: $445,000 - $488,000

4 Beds
2.5 Baths
2,000 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $415,000 $208 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,226/month

2 Days on Market

Highlights

  • Wood Flooring
  • Workshop
  • 2 Car Attached Garage
  • L-Shaped Dining Room
  • Separate Outdoor Workshop
  • 1-minute walk to Wilderness Park

About This Home

As of July 2023

Don't miss this extraordinary, meticulously well-kept 4 bedroom, 2.5 bath with lower level family room and huge laundry/workshop area. The hardwood floors in the living room, dining room and all four bedrooms are in perfect condition. And here is a list of the new/newers: Roof, windows, siding, furnace, AC high efficiency, driveway and electric panel. New sewer line from house to street. Truly nothing to do but move in. You will be close to the Addison entertainment corridor with shopping, restaurants and theater. Or, spend time in your own backyard and large cement patio. Walking distance to elementary and high school, connect easily with the expressway...or enjoy two parks just a short distance away. You've heard it before, but truly, this one won't last .

Last Agent to Sell the Property

Dorothy Loy

Real 1 Realty License #475132417 Listed on: 05/25/2023

Last Buyer's Agent

Rita Neri

RE/MAX Premier License #471014047

RE/MAX  Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,788

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 70x120

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Bi-Level Home

Interior Spaces

  • 2,000 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • L-Shaped Dining Room
  • Formal Dining Room
  • Workshop
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Schools

  • Stone Elementary School
  • Indian Trail Junior High School
  • Addison Trail High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,788

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Separate Dining Room, Workshop Area (Interior)
  • LivingArea: 2000
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Workshop
  • List Price: 370000
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Stone Elementary School
  • High School: Addison Trail High School
  • Middle/Junior School: Indian Trail Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: 70X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4788.22
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 12, 2023
Sold by
George Martiny Trust
Bought by
Grady Kari and Pygman Jacob
Seller's Agent
Dorothy Loy
Real 1 Realty
Buyer's Agent
Rita Neri
RE/MAX Premier
List Price
$370,000
Sold Price
$415,000
Premium/Discount to List
$45,000
12.16%
Views
101
Current Estimated Value
$467,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,880
Avg. Annual Appreciation
5.63%
Original Mortgage
$6,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2003
Sold by
Kolpak Joseph A and Kolpak Theresa R
Bought by
Elewa Mohamed and Elewa Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Grady Kari $415,000 Fidelity National Title
Elewa Mohamed $280,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grady Kari $6,000
Open Grady Kari $373,500
Previous Owner Elewa Mohamed $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $415,000 +12.2% $208 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $370,000 +96.3% $185 / Sq Ft
05/31/2012 05/31/12 Sold $188,500 -5.7% $94 / Sq Ft View Prior Sale
03/13/2012 03/13/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $199,900 -- $100 / 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 $8,821 $133,157 $47,602 $85,555
2023 $4,404 $122,410 $43,760 $78,650
2022 $4,775 $117,780 $42,060 $75,720
2021 $4,788 $112,820 $40,290 $72,530
2020 $4,876 $108,060 $38,590 $69,470
2019 $5,048 $103,910 $37,110 $66,800
2018 $5,263 $97,270 $35,330 $61,940
2017 $5,381 $92,970 $33,770 $59,200
2016 $5,706 $85,840 $31,180 $54,660
2015 $6,060 $79,290 $28,800 $50,490
2014 $6,100 $75,830 $29,700 $46,130
2013 $4,675 $62,840 $30,310 $32,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11791493

Midwest Real Estate Data (MRED)

APN: 03-19-303-025