NOT LISTED FOR SALE

501 West Trail Grayslake, IL 60030

Estimated Value: $456,000 - $531,000

5 Beds
3 Baths
2,788 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $218,000 $78 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,704/month

120 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Sitting Room
  • Grayslake Central High School Rated A+
  • Corner Lot
  • Walk-In Pantry

About This Home

As of October 2016

House sold As Is. Very warm & inviting front porch.Walk into a super clean custom home.Formal Dining Room/ Living Room, Family room has a beautiful mantle fireplace. In 2014 the 2 upstairs bathrooms were updated with double sinks, corian counter, ceramic floor & shower. Very private Master bedroom is huge with a large walk in closet.The other bedrooms are large also. Kitchen was updated in '07 & '08 with new cabinets that have pull outs, SS Appliances. New carpeting '14, new Wood Laminate '15. Washer & Dryer were in '15. Extra features include crown moulding, new lights throughout, ceiling fans in bedrooms, linen closet & a large unfinished basement ready for your touches. Garage is an oversized 2 1/2 car w/cabinets for all your tools. New Furnace, Air Conditioner '12, April Aire '11, Refrigerator '14. Roof '02 & windows early 2000's. Back door replaced in '11, leads to a deck & very well manicured yard. Great location close to Woodview School, Jones Island Beach/ Park, commuter train.

Last Agent to Sell the Property

Debbie Bacci

Baird & Warner License #475129348 Listed on: 05/16/2016

Baird & Warner

Co-Listed By

Hersain Rodriguez

Baird & Warner

Last Buyer's Agent

Michael Heagney

Berkshire Hathaway HomeServices Chicago License #475141641

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Year Built

  • 1988

Lot Details

  • 0.27

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Sitting Room
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Corner Lot
  • Property is near bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $250 Seller Concession

Home Details

Home Type

Single Family

Year Built

1988

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 20X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump, Air Cleaner
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 18X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Sitting Room
  • Master Bedroom: Dimensions: 20X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Sitting, Dimensions: 8X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2788
  • Dining Room Type: Separate
  • Family Room: Dimensions: 12X21, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.27

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 39.25 X 105 X 90 X 130 X 65
  • Lot Description: Corner
  • Parcel Identification Number: 06273010160000

Tax Info

  • Taxes: 11,021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Oct 25, 2016
Sold by
Glanz Susan G
Bought by
Smith Cory S and Smith Allison L
Seller's Agent
Debbie Bacci
Baird & Warner
Buyer's Agent
Michael Heagney
Berkshire Hathaway HomeServices Chicago
List Price
$240,000
Sold Price
$218,000
Premium/Discount to List
-$22,000
-9.17%
Current Estimated Value
$492,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,910
Avg. Annual Appreciation
9.05%
Original Mortgage
$158,000
Outstanding Balance
$127,166
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$365,744

Purchase Details

Closed on
Jul 28, 1994
Sold by
Hardy Scott C and Hardy Cynthia E
Bought by
Glanz Edward T and Glanz Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Cory S $218,000 Baird & Warner Title Svcs In
Glanz Edward T $215,500 Intercounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Cory S $158,000
Previous Owner Glanz Edward T $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2016 10/25/16 Sold $218,000 -9.2% $78 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $240,000 0.0% $86 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
08/30/2016 08/30/16 Price Changed $240,000 -4.0% $86 / Sq Ft
08/05/2016 08/05/16 Price Changed $250,000 -3.8% $90 / Sq Ft
07/18/2016 07/18/16 Price Changed $259,900 -1.9% $93 / Sq Ft
06/23/2016 06/23/16 Price Changed $264,900 -1.9% $95 / Sq Ft
06/05/2016 06/05/16 Price Changed $269,900 -3.6% $97 / Sq Ft
05/28/2016 05/28/16 For Sale $279,900 0.0% $100 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $279,900 -- $100 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $13,329 $132,214 $23,600 $108,614
2023 $13,380 $121,341 $21,659 $99,682
2022 $13,380 $117,576 $20,045 $97,531
2021 $13,231 $113,011 $19,267 $93,744
2020 $13,238 $107,527 $18,332 $89,195
2019 $12,786 $103,163 $17,588 $85,575
2018 $9,310 $77,244 $23,387 $53,857
2017 $9,257 $72,659 $21,999 $50,660
2016 $11,365 $89,197 $20,307 $68,890
2015 $11,019 $81,488 $18,552 $62,936
2014 $10,106 $73,586 $14,705 $58,881
2012 $9,898 $76,853 $15,358 $61,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09227986

Midwest Real Estate Data (MRED)

APN: 06-27-301-016

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