NOT LISTED FOR SALE

506 Laurie Ct Unit 2 Grayslake, IL 60030

Estimated Value: $487,000 - $539,211

4 Beds
2.5 Baths
2,698 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $450,000 $167 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,068/month

30 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Heated Floors
  • Grayslake Central High School Rated A
  • Spa
  • Community Lake

About This Home

As of September 2021

Location, Location, Location! Come see this spectacular 4 bedroom 2.1 bath home on the best street in West Trail! WATERFRONT, on a great family friendly cul-de-sac with a huge lot. This home has it all! Formal living room opens to the dining room providing easy access for entertaining. Beautiful white kitchen cabinets, Corian countertops, stainless steel appliances including new Bosch dishwasher & a large eat-in area. All with hardwood floors. The open layout leads into the spacious family room with built-ins & wood burning fireplace. French doors lead out to your 3 season room with gorgeous water view, vaulted wood ceiling with skylights, tile floor & separate AC/heater unit. What better place to enjoy your morning coffee! Relax on your brick paver patio with fire pit & hot tub. The large flat backyard leads to floating dock, deck & sandy beach to launch the paddle boat, paddle boards, kayaks or go fishing. In the winter bring out the skates. So much to do in your own backyard! Upstairs you will find the spacious master suite with custom built organization in the walk-in closet & spa like master bath boasting steam shower, heated floors, free standing tub, makeup area, double sinks, beautiful lighting & built-in mirrored medicine cabinets. Three additional large bedrooms with generous closet space & updated hall bath complete the second floor. Newly remodeled finished basement with rec room, exercise room, private office & storage room. Sought after location: walk to top Grayslake schools, parks, charming downtown for shopping, Farmer's Market, restaurants, close to Metra. Welcome Home!

Last Agent to Sell the Property

Cheryl Duhig

Baird & Warner License #475127421 Listed on: 07/22/2021

Baird & Warner

Last Buyer's Agent

Joseph Prindle

HomeSmart Connect LLC License #475172530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,653

Year Built

  • Built in 1988

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 58x256x226x113
  • Cul-De-Sac
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,698 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Heated Sun or Florida Room
  • Storage Room
  • Home Gym
  • Water Views
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Spa
  • Beach Access
  • Tideland Water Rights
  • Brick Porch or Patio
  • Fire Pit

Location

  • Property is near a park

Schools

  • Woodview Elementary School
  • Grayslake Middle School
  • Grayslake Central High School

Utilities

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

Community Details

  • West Trail Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,653

Year Built

Built in 1988

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: West Trail
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1192
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hot Tub, Hardwood Floors, Heated Floors, 1st Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2698
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Office, Recreation Room, Exercise Room, Heated Sun Room, Storage
  • Estimated Total Finished Sq Ft: 1192
  • Assessed Sq Ft: 2698
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 1192
  • Fireplace Location: Family Room
  • Total Sq Ft: 1192
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen: Eating Area-Breakfast Bar
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full,Double Sink,Tub & Separate Shwr
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 19X16
  • Bedroom 3 Flooring: Carpet
  • Laundry Flooring: Ceramic Tile
  • Family Room Flooring: Carpet
  • Bedroom 4 Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 435000
  • Lot Features: Beach, Cul-De-Sac, Water Rights, Water View
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Cedar

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
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Woodview School
  • High School: Grayslake Central High School
  • Middle/Junior School: Grayslake Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.44
  • Lot Dimensions: 58X256X226X113
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Frega Jason J and Frega Kaitlyn
Bought by
Paul Geoffrey S and Paul Kristie L
Current Estimated Value
$530,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Outstanding Balance
$413,013
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$104,503

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 9, 2021
Sold by
Wallis Christian T and Wallis Michetle Labrie
Bought by
Frega Jason J and Frega Kaitlyn
Seller's Agent
Cheryl Duhig
Baird & Warner
Buyer's Agent
Joseph Prindle
HomeSmart Connect LLC
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$360,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jun 6, 2012
Sold by
Simonton Gerald E and Simonton Dianne L
Bought by
Wallis Christian T and Wallis Michelle
Seller's Agent
Nano Engdahl
Baird & Warner
Buyer's Agent
Cheryl Duhig
Baird & Warner
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$269,990
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
May 21, 2011
Sold by
Olejniczak Edward T and Olejniczak Catherine A
Bought by
Simonton Gerald E and Simonton Dianne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
5.25%
Mortgage Type
New Conventional
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
Paul Geoffrey S $465,000 Chicago Title
Frega Jason J $450,000 Baird & Warner Ttl Svcs Inc
Wallis Christian T $280,000 First American Title Insuran
Simonton Gerald E $264,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Geoffrey S $418,500
Previous Owner Frega Jason J $360,000
Previous Owner Wallis Christian T $269,990
Previous Owner Simonton Gerald E $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $450,000 +3.4% $167 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
07/29/2021 07/29/21 For Sale -- -- --
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $435,000 +55.4% $161 / Sq Ft
06/11/2012 06/11/12 Sold $280,000 -3.4% $104 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $289,900 -- $107 / 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 $13,653 $135,213 $25,279 $109,934
2023 $14,094 $124,094 $23,200 $100,894
2022 $14,094 $123,539 $21,398 $102,141
2021 $2,953 $118,742 $20,567 $98,175
2020 $3 $112,980 $19,569 $93,411
2019 $3 $109,652 $20,032 $89,620
2018 $3 $113,336 $26,855 $86,481
2017 $3 $106,387 $25,260 $81,127
2016 $12,124 $98,207 $23,318 $74,889
2015 $11,833 $89,720 $21,303 $68,417
2014 $11,721 $80,699 $17,458 $63,241
2012 $11,515 $84,281 $18,233 $66,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11165370

Midwest Real Estate Data (MRED)

APN: 06-27-102-010