NOT LISTED FOR SALE

497 Lancaster Dr Pingree Grove, IL 60140

Estimated Value: $289,000 - $326,000

3 Beds
3 Baths
1,652 Sq Ft
$188/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $238,000 $144 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,358/month

53 Days on Market

About This Home

As of November 2021

EXQUISITE 2 TWO STORY END UNIT TOWNHOUSE. FEATURES 3 BEDROOMS AND 2.1 BATHS. 2 STORY LIVING ROOM. KITCHEN WITH GRANITE COUNTERS TOPS AND STAINLESS STEEL APPLIANCES. FIRST FLOOR OFFICE. WALK-IN COAT CLOSET. MASTER BATHROOM WITH TUB AND DOUBLE SINK. SPACIOUS WALK-IN CLOSETS. COMMUNITY CENTER OFFERS A SWIMMING POOL, SPLASH PAD, BASKETBALL COURT, WORK-OUT EQUIPMENT AND ENTERTAINMENT ROOM.

Last Agent to Sell the Property

Art Zamudo

Casablanca License #471004482 Listed on: 08/05/2021

Last Buyer's Agent

Debra Walsh

Century 21 New Heritage - Hampshire License #475135007

Century 21 New Heritage - Hampshire

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,843

Year Built

  • 2006

Lot Details

  • 0.5

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Slab Foundation

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,843

Year Built

2006

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Townhouse-2 Story
  • Property Sub Type: Townhouse-2 Story
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: RT72 TO REINING S TO OLD STAGE W TO LANCASTER S TO HOME
  • Lot Size: 2178
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: Office
  • Stories: 2

Exterior Features

  • Exterior Building Type: Vinyl Siding,Brick
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: Yes
  • Master Association Fee Frequency: Monthly
  • Master Association Fee: 70
  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Junior High Dist: 300

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5058.64
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Nov 12, 2021
Sold by
Contreras Sergio A and Contreras Kathleen B
Bought by
Gerts Irvin Michael and Gerts Kylie U
Seller's Agent
Art Zamudo
Casablanca
Buyer's Agent
Debra Walsh
Century 21 New Heritage - Hampshire
List Price
$249,900
Sold Price
$238,000
Premium/Discount to List
-$11,900
-4.76%
Current Estimated Value
$311,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,070
Avg. Annual Appreciation
6.34%
Original Mortgage
$233,582
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2016
Sold by
Wright Kevin W and Wright Wilma R
Bought by
Contreras Sergio A and Contreras Katthleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,998
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
Dec 9, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Wright Family Trust

Purchase Details

Closed on
Nov 14, 2007
Sold by
Hargrove Ricardo S and Mercado Melanie
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Mar 29, 2006
Sold by
Drh Cambridge Homes Inc
Bought by
Hargrove Ricardo S and Mercado Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,112
Interest Rate
8.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Gerts Irvin Michael $238,000 First American Title
Contreras Sergio A $155,000 First American Title
Wright Family Trust $149,500 Ticor Title Insurance Co
Hsbc Bank Usa Na -- None Available
Hargrove Ricardo S $206,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerts Irvin Michael $233,582
Previous Owner Contraeras Sergo A $7,500
Previous Owner Contreras Sergio A $150,998
Previous Owner Hargrove Ricardo S $165,112
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $238,000 -4.8% $144 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $249,900 -- $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 $6,843 $94,768 $14,428 $80,340
2023 $6,640 $85,701 $13,048 $72,653
2022 $6,455 $79,016 $12,030 $66,986
2021 $5,152 $59,045 $11,315 $47,730
2020 $5,059 $57,537 $11,026 $46,511
2019 $4,943 $55,224 $10,583 $44,641
2018 $4,803 $51,829 $9,932 $41,897
2017 $5,035 $53,302 $9,458 $43,844
2016 $5,013 $50,744 $9,004 $41,740
2015 -- $47,926 $8,504 $39,422
2014 -- $47,926 $8,504 $39,422
2013 -- $50,047 $8,660 $41,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11180574

Midwest Real Estate Data (MRED)

APN: 02-28-379-018