NOT LISTED FOR SALE

491 Essex Ln Crystal Lake, IL 60014

Estimated Value: $995,535 - $1,074,000

4 Beds
4 Baths
5,600 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $800,000 $143 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,502/month

9 Days on Market

Highlights

  • Cape Cod Architecture
  • Mature Trees
  • Wood Flooring
  • Crystal Lake Central High School Rated A
  • Recreation Room
  • Whirlpool Bathtub

About This Home

As of December 2020

One of a kind luxury property in the coveted 'Gates' neighborhood. Builder's own home with the finest finishes and distinctive, casually elegant style. Situated in a premium location, just steps to the lake, beaches, parks, the Dole Arts Park, and Crystal Lake Country Club. This 5600sf custom home exudes warmth and charm, and the thoughtful open floor plan allows for ease of living and entertaining. Architectural details include dual staircases, oversized crown moulding and custom millwork throughout, Pella windows, and a cozy hearth room for a fireplace dining experience. Additional elements include a large tandem work-from-home office space (perfect for two remote workers or learners), spacious mud/laundry room, a huge 2nd floor bonus/recreation room, surround sound in family room and bonus room, screen porch, hardscape patio with built-in grill and fire pit, and a very private yard with mature arborvitaes. The entire interior is professionally designed, including high-end handcrafted custom kitchen cabinetry, Wolfe and Sub Zero professional appliances, marble countertops, custom window treatments, and luxurious bathrooms with Kohler fixtures. For hobbyists or boaters, this home's piece de resistance may be the 5+ car heated garage with large workshop. Crystal Lake Country Club is a two minute walk, and offers an iconic golf course with a rich history, as well as clay and hardcourt tennis (lighted for nighttime play), pickleball, pool, and indoor/outdoor dining. The unrivaled 'Gates lifestyle' awaits you, schedule a private tour today. (Note: this home is within Crystal Lake City limits - public water, access to 3 Oaks Recreation Area/Quarry Wakeboard Park/Public Library comes with home). Watch video tour link!

Last Agent to Sell the Property

Mandy Montford

Baird & Warner License #475157137 Listed on: 10/13/2020

Baird & Warner

Last Buyer's Agent

Carol Hoefer

RE/MAX Suburban License #475126311

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,716

Year Built | Renovated

  • 2001 | 2008

Lot Details

  • Mature Trees

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture

Interior Spaces

  • Built-In Features
  • Bar Fridge
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Sitting Room
  • Dining Area
  • Home Office
  • Recreation Room
  • Screened Porch
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Fire Pit
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,716

Year Built | Renovated

2001 | 2008

Lot Details

0

Parking

5

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2001
  • Rehab Year: 2008
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Cape Cod
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001
  • Year Renovated: 2008

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 11
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Security System, Sump Pump, Backup Sump Pump;, Multiple Water Heaters
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Full Body Spray Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 15X15, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 20X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: Eating Area, Office, Recreation Room, Sitting Room, Pantry, Screened Porch
  • Master Bedroom: Dimensions: 24X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 9X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 22X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 29X24, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 18X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Sitting, Dimensions: 19X16, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Pantry, Dimensions: 7X7, On Level: Main Level, Flooring: Hardwood
  • Additional Room 7 Name: Screened Porch, Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 5600
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X21, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Property Features: Porch Screened, Brick Paver Patio, Storms/Screens, Outdoor Grill, Fire Pit
  • Acreage: 0.4452

Garage/Parking

  • Number of Cars: 5
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated, Tandem, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

  • School District: 155
  • Elementary School: South Elementary School
  • Middle School: Richard F Bernotas Middle School
  • High School: Crystal Lake Central High School
  • Junior High Dist: 47

Lot Info

  • Lot Dimensions: 118X181X118X181
  • Lot Description: Mature Trees
  • Parcel Identification Number: 1906377021

Tax Info

  • Taxes: 20302.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 3, 2020
Sold by
Mcginnis Patrick T and Mcginnis Megan
Bought by
Reinhard Theresa F and Theresa F Reinhard Trust
Seller's Agent
Mandy Montford
Baird & Warner
Buyer's Agent
Carol Hoefer
RE/MAX Suburban
List Price
$845,000
Sold Price
$800,000
Premium/Discount to List
-$45,000
-5.33%
Current Estimated Value
$1,044,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,512
Avg. Annual Appreciation
4.78%
Original Mortgage
$135,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 7, 2005
Sold by
Sdregas Joan T
Bought by
Mcginnis Patrick T and Mcginnis Megan

Purchase Details

Closed on
Sep 23, 1999
Sold by
Mcginnis Patrick T and Mcginnis Megan
Bought by
Mcginnis Patrick T and Mcginnis Megan

Purchase Details

Closed on
Aug 6, 1997
Sold by
Harris Bank Barrington
Bought by
Mcginnis Patrick T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,900
Interest Rate
7.75%

Purchase Details

Closed on
Jun 29, 1994
Sold by
Fink Richard M and Fink Deanne M
Bought by
Harris Bank Barrington Natl Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.66%

Purchase Details

Closed on
Jun 24, 1994
Sold by
Guzman Victor and Guzman Lisa Lyn
Bought by
Fink Richard M and Fink Deanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.66%
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
Reinhard Theresa F $800,000 Old Republic Title
Mcginnis Patrick T $30,000 --
Mcginnis Patrick T -- --
Mcginnis Patrick T $120,000 Universal Title Services Inc
Harris Bank Barrington Natl Assn -- --
Fink Richard M $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theresa Reinhard Living Trust $300,000
Previous Owner Reinhard Theresa $135,000
Previous Owner Mcginnis Patrick T $295,000
Previous Owner Mcginnis Patrick T $140,000
Previous Owner Mcginnis Patrick T $100,000
Previous Owner Mcginnis Patrick T $100,000
Previous Owner Mcginnis Patrick T $163,000
Previous Owner Mcginnis Patrick T $100,000
Previous Owner Mcginnis Patrick T $143,400
Previous Owner Mcginnis Patrick T $144,850
Previous Owner Mcginnis Patrick T $150,000
Previous Owner Mcginnis Patrick T $56,000
Previous Owner Mcginnis Patrick T $84,900
Previous Owner Fink Richard M $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $800,000 -5.3% $143 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $845,000 -- $151 / 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 $21,716 $272,519 $30,544 $241,975
2023 $20,969 $243,734 $27,318 $216,416
2022 $22,015 $243,419 $40,477 $202,942
2021 $20,839 $226,774 $37,709 $189,065
2020 $20,813 $218,746 $36,374 $182,372
2019 $20,302 $209,366 $34,814 $174,552
2018 $17,687 $179,986 $30,943 $149,043
2017 $17,655 $169,558 $29,150 $140,408
2016 $17,258 $159,030 $27,340 $131,690
2013 -- $148,353 $25,504 $122,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10904339

Midwest Real Estate Data (MRED)

APN: 19-06-377-021