NOT LISTED FOR SALE

515 Heather Terrace Round Lake Beach, IL 60073

Estimated Value: $276,000 - $307,000

4 Beds
2 Baths
1,850 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $237,000 $128 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,216/month

16 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Main Floor Bedroom
  • Grayslake North High School Rated A
  • Raised Ranch Architecture
  • Corner Lot

About This Home

As of June 2022

GRAYSLAKE SCHOOLS! Lovely and updated raised ranch home! This 4 bedroom, 2 bath home is situated on a prime corner lot. Step into the foyer and up to the bright living room. The spacious, eat-in kitchen features tile flooring, bright white cabinets with glass French doors leading you out to the yard. Home has been freshly painted and has no carpet for easy maintenance and cleanliness! The finished lower level is bright and sunny with large windows bringing in plenty of natural lighting - you won't even feel like you're in a basement! There's a nice yard space to enjoy as well and a two-car detached garage. Grayslake school district! Close to everything you'll need including the train and shopping. Schedule your private showing today!

Last Agent to Sell the Property

Luigui Corral

RE/MAX American Dream License #471019538 Listed on: 03/29/2022

RE/MAX American Dream

Last Buyer's Agent

Connie Olmos

Kale Realty License #475187840

Kale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,798

Year Built

  • Built in 1974 | Remodeled in 2020

Lot Details

  • 5,563 Sq Ft Lot
  • Lot Dimensions are 44x125
  • Landscaped Professionally
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Bi-Level Home
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,850 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Schools

  • Avon Center Elementary School
  • Grayslake Middle School
  • Grayslake North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Ridgewood Subdivision, Raised Ranch Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,798

Year Built

Built in 1974 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Subdivision Name: Ridgewood
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Full, English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features
  • LivingArea: 1850
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 256000
  • Lot Features: Corner Lot, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Avon Center Elementary School
  • High School: Grayslake North High School
  • Middle/Junior School: Grayslake Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1277
  • Lot Dimensions: 44X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6798
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2012
Closed on
Apr 27, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Minchillo Mike
Seller's Agent
Joseph Laubinger
Unique Realty Services
Buyer's Agent
Richard Capoccioni
RE/MAX Plaza
List Price
$46,560
Sold Price
$44,000
Premium/Discount to List
-$2,560
-5.5%
Current Estimated Value
$293,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,006
Avg. Annual Appreciation
14.86%

Purchase Details

Closed on
Oct 27, 2011
Sold by
Freese James R and Case #07 Ch 2902
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 24, 2004
Sold by
Fredrick John W
Bought by
Freese James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
7.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2002
Sold by
Zubizarreta Emilio and Zubizarreta Ursula M
Bought by
Fredrick John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
7.14%
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
Minchillo Mike $44,000 First American Title
Hsbc Bank Usa National Association -- None Available
Freese James R $150,000 --
Fredrick John W $131,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minchillo Mike $500,000
Previous Owner Freese James R $134,400
Previous Owner Freese James R $33,600
Previous Owner Freese James R $119,920
Previous Owner Frederick John L $40,000
Previous Owner Fredrick John W $125,400
Closed Freese James R $29,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $237,000 -7.4% $128 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $256,000 +481.8% $138 / Sq Ft
05/08/2012 05/08/12 Sold $44,000 -5.5% $24 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $46,560 -- $25 / 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 $7,930 $70,644 $9,410 $61,234
2023 $7,023 $64,835 $8,636 $56,199
2022 $7,023 $56,179 $7,355 $48,824
2021 $7,000 $53,997 $7,069 $46,928
2020 $7,029 $51,377 $6,726 $44,651
2019 $6,798 $49,292 $6,453 $42,839
2018 $5,684 $40,578 $6,148 $34,430
2017 $5,648 $38,169 $5,783 $32,386
2016 $5,444 $35,234 $5,338 $29,896
2015 $5,339 $32,189 $4,877 $27,312
2014 $5,403 $38,486 $4,909 $33,577
2012 $4,882 $40,194 $5,127 $35,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11359699

Midwest Real Estate Data (MRED)

APN: 06-16-421-014