NOT LISTED FOR SALE

460 Signal Ln Grayslake, IL 60030

Estimated Value: $464,617 - $487,000

4 Beds
2.5 Baths
2,457 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $415,000 $169 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,493/month

Highlights

  • Landscaped Professionally
  • Deck
  • Recreation Room
  • Grayslake Central High School Rated A
  • Property is near a park
  • 2-minute walk to Tooterville Park

About This Home

As of December 2022

Custom cedar and shake 5BR Traditional in South Creek of Grayslake! Walk to parks and playground, close to Metra train and just 5 miles to I-94. Professionally landscaped lot with 2-car attached garage, patio and deck. Soaring two story foyer, 6-panel doors, generous room sizes and tons of natural light. Inviting living room, formal dining room, eat-in kitchen and spacious family room with gas log fireplace. Upstairs you'll find 4 bedrooms including the master suite with deluxe private bath. Offering even more living space is the finished basement with 5th bedroom/den and huge rec room with wet bar and cabinetry.

Last Agent to Sell the Property

Matt Kombrink

One Source Realty License #471007391 Listed on: 11/15/2022

Last Buyer's Agent

Nano Engdahl

Baird & Warner License #475130315

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,985

Year Built

  • Built in 1990

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 2,457 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • South Creek Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,985

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: South Creek
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, First Floor Laundry
  • LivingArea: 2457
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio, Storms/Screens
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Shakes

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 8672
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10985
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Dec 16, 2022
Sold by
Larson Family Trust
Bought by
Longo Timothy P and Longo Jennifer
Seller's Agent
Matt Kombrink
One Source Realty
Buyer's Agent
Nano Engdahl
Baird & Warner
List Price
$409,900
Sold Price
$415,000
Premium/Discount to List
$5,100
1.24%
Views
7
Current Estimated Value
$476,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,654
Avg. Annual Appreciation
5.02%
Original Mortgage
$230,000
Outstanding Balance
$222,509
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$254,145

Purchase Details

Closed on
Aug 20, 2021
Sold by
Larson Todd M and Larson Lisa M
Bought by
Larson Todd M and Larson Lisa M

Purchase Details

Closed on
Mar 27, 2003
Sold by
Myers Ronald A and Myers Mary D
Bought by
Larson Todd M and Larson Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 1997
Sold by
Myers Mary D
Bought by
Myers Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.54%
Mortgage Type
Balloon
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
Longo Timothy P $415,000 Chicago Title
Larson Todd M -- None Available
Larson Todd M $277,000 --
Myers Ronald A -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longo Timothy P $230,000
Previous Owner Larson Todd M $177,000
Previous Owner Myers Ronald A $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $415,000 +1.2% $169 / Sq Ft
11/21/2022 11/21/22 For Sale $409,900 -- $167 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
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 $11,829 $118,315 $18,385 $99,930
2023 $11,114 $108,586 $16,873 $91,713
2022 $11,114 $98,676 $14,136 $84,540
2021 $10,986 $94,844 $13,587 $81,257
2020 $10,985 $90,242 $12,928 $77,314
2019 $10,606 $86,579 $12,403 $74,176
2018 $10,425 $85,752 $14,576 $71,176
2017 $10,369 $80,662 $13,711 $66,951
2016 $9,951 $74,460 $12,657 $61,803
2015 $9,696 $68,025 $11,563 $56,462
2014 $9,509 $66,555 $11,723 $54,832
2012 $9,357 $69,509 $12,243 $57,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11673833

Midwest Real Estate Data (MRED)

APN: 06-35-309-032