NOT LISTED FOR SALE

507 N Lakewood Terrace Round Lake, IL 60073

Estimated Value: $153,000 - $202,000

2 Beds
1 Bath
794 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 02, 2013

Last sale price $20,000 $25 Per Sq Ft

Est. 799% increase in value since last sale

Current estimated payment $1,247/month

20 Days on Market

About This Home

As of May 2013

HUD OWNED HOME CASE #: 137-329085. AN EQUAL OPPORTUNITY HOUSING. ALL HUD HOMES ARE SOLD AS-IS. 2 BEDROOM, 1 BATH, GARAGE. HOME IS INSURED: "IE" WITH ESCROW REPAIR OF $5,060.00. CHECK OUT THE HUDHOMESTORE SITE FOR MORE INFO.

Last Agent to Sell the Property

Tom Yingling

New Century Real Estate License #471007410 Listed on: 02/26/2013

Last Buyer's Agent

Michael Jenkins

New Century Real Estate License #475152977

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,672

Year Built

  • 1948

Lot Details

  • 5,009

Parking

  • 1

Home Design

  • Asphalt Shingled Roof

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$3,672

Year Built

1948

Lot Details

0

Parking

1

Interior Features

  • Total # Of Rooms: 4
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X13
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X10
  • Living Room Level: Main Level
  • Living Room Size: 19X12
  • Kitchen Level: Main Level
  • Kitchen Size: 9X8

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Other
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 116

Lot Info

  • Lot Dimensions: 4792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2023
Sold by
Hernandez Johnny M
Bought by
Hernandez Juan C and Degalvez Abigail De
Current Estimated Value
$179,865

Purchase Details

Closed on
Mar 2, 2013
Sold by
Secretary Of Hud Of Washington Dc
Bought by
Hernandez Johnny M

Purchase Details

Closed on
Jan 28, 2013
Sold by
Sheriff Lake Co
Bought by
Secretary Housing Urban Development

Purchase Details

Closed on
Jun 1, 2006
Sold by
Cervantes Arturo
Bought by
Lopez Alfredo Velasco

Purchase Details

Closed on
Jul 29, 2005
Sold by
Sawyer Charles D
Bought by
Ramsey James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,769
Interest Rate
5.66%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2004
Sold by
Rench Adam M and Rench Linda M
Bought by
Sawyers Charles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,255
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2002
Sold by
Reyes Carlos
Bought by
Rench Adam M and Rench Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,238
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2000
Sold by
Sproch Mark J
Bought by
Reyes Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Interest Rate
7.87%

Purchase Details

Closed on
Jul 27, 1995
Sold by
Runge Mary Ann and Cruz Laura I
Bought by
Sproch Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,450
Interest Rate
7.51%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hernandez Juan C -- None Listed On Document
Hernandez Johnny M -- Chicago Title Insurance Comp
Secretary Housing Urban Development -- --
Lopez Alfredo Velasco -- None Available
Ramsey James D $136,000 --
Sawyers Charles D $111,000 Multiple
Rench Adam M $86,000 --
Reyes Carlos $78,000 --
Sproch Mark J $71,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramsey James D $133,769
Previous Owner Sawyers Charles D $109,255
Previous Owner Rench Adam M $85,238
Previous Owner Reyes Carlos $74,100
Previous Owner Sproch Mark J $67,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2013 05/02/13 Sold $20,000 -9.1% $25 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $22,000 -- $28 / 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 $3,672 $41,537 $8,120 $33,417
2023 $3,989 $36,305 $7,097 $29,208
2022 $3,989 $38,647 $5,385 $33,262
2021 $3,737 $32,755 $5,176 $27,579
2020 $3,593 $31,166 $4,925 $26,241
2019 $3,512 $29,901 $4,725 $25,176
2018 $2,825 $21,037 $6,041 $14,996
2017 $2,802 $19,788 $5,682 $14,106
2016 $2,699 $18,266 $5,245 $13,021
2015 $2,663 $16,688 $4,792 $11,896
2014 $3,814 $24,741 $4,534 $20,207
2012 $2,959 $25,839 $4,735 $21,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08278952

Midwest Real Estate Data (MRED)

APN: 06-20-418-017