NOT LISTED FOR SALE

520 Windermere Way Lake In the Hills, IL 60156

Estimated Value: $343,000 - $391,000

3 Beds
3 Baths
1,499 Sq Ft
$239/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $195,000 $130 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,433/month

116 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Vaulted Ceiling
  • Martin Elementary School Rated A
  • Property is near a park
  • Wood Flooring

About This Home

As of March 2019

Family style home looking for it's next owners. Hardwood flooring on the 1st floor along with an open, eat-in kitchen and 2 story family room. Main floor laundry and half bath. 3 bedrooms and 2 baths upstairs. Partially finished basement could easily be brought back to life with some flooring and trim. As a matter of fact, the whole house can be brought back to its glory with some paint and flooring updates - Already has a new roof and furnace. With "repairs", This property is available for both owner occupants or investors. Sold As-Is, NO Survey, 100% Tax Proration on most current tax bill, Earnest $ in Certified Funds.

Last Agent to Sell the Property

Philip Szyjka

Coldwell Banker Real Estate Group License #471002989 Listed on: 10/18/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Bea Palanca

Keller Williams Success Realty License #475167025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,315

Year Built

  • 1994

Lot Details

  • 0.25

HOA Fees

  • $9 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Bonus Room
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement
  • Breakfast Bar
  • Laundry on main level

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near a park

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,315

Year Built

1994

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Special Service Area: T
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 1994
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Hardwood
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Bonus
  • Master Bedroom: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Bonus, Dimensions: 22X13, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1499
  • Basement Sq Ft: 773
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch
  • Acreage: 0.25

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • Assessed Sq Ft: 2272
  • Assessment Association Fees: 110

Schools

  • School District: 158
  • Junior High Dist: 158

Lot Info

  • Lot Dimensions: 50 X 77
  • Lot Description: Park Adjacent
  • Parcel Identification Number: 1826102013

Tax Info

  • Taxes: 4607.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Feb 19, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cervone Rocco J and Cervone Jennifer L
Seller's Agent
Philip Szyjka
Coldwell Banker Real Estate Group
Buyer's Agent
Bea Palanca
Keller Williams Success Realty
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%
Current Estimated Value
$358,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,020
Avg. Annual Appreciation
9.14%
Original Mortgage
$185,250
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2018
Sold by
Debenedictis Luca and Debenedictis Rebecca E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 15, 2006
Sold by
Rainey Scott and Rainey Tracy
Bought by
Debenedictis Luca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 7, 2000
Sold by
Elam Ronald E and Elam Carla C
Bought by
Rainey Scott and Rainey Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
8%

Purchase Details

Closed on
Jun 17, 1994
Sold by
Sundance Kaco Ltd Partnership
Bought by
Elam Ronald E and Elam Carla C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,400
Interest Rate
7.37%
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
Cervone Rocco J $195,000 Fidelity National Title Ins
Federal Home Loan Mortgage Corporation -- Attorney
Debenedictis Luca $250,000 First American Title Ins Co
Rainey Scott $167,000 Plm Title Company
Elam Ronald E $145,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervone Rocco J $185,250
Previous Owner Debenedictis Luca $50,000
Previous Owner Debenedictis Luca $200,000
Previous Owner Rainey Scott $150,300
Previous Owner Elam Ronald E $128,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $195,000 -4.8% $130 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/30/2019 01/30/19 Price Changed $204,900 -4.7% $137 / Sq Ft
01/16/2019 01/16/19 Price Changed $214,900 -2.3% $143 / Sq Ft
01/15/2019 01/15/19 For Sale $219,900 0.0% $147 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
12/28/2018 12/28/18 Price Changed $219,900 -2.2% $147 / Sq Ft
12/04/2018 12/04/18 Price Changed $224,900 -2.2% $150 / Sq Ft
11/20/2018 11/20/18 Price Changed $229,900 -4.2% $153 / Sq Ft
10/18/2018 10/18/18 For Sale $239,900 -- $160 / 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 $6,315 $93,556 $6,055 $87,501
2023 $6,131 $84,042 $5,439 $78,603
2022 $5,917 $76,527 $4,953 $71,574
2021 $5,727 $72,073 $4,665 $67,408
2020 $5,647 $70,151 $4,541 $65,610
2019 $5,556 $68,360 $4,425 $63,935
2018 $4,710 $57,742 $4,979 $52,763
2017 $4,608 $54,417 $4,692 $49,725
2016 $4,638 $51,737 $4,461 $47,276
2013 -- $55,334 $9,474 $45,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10115666

Midwest Real Estate Data (MRED)

APN: 18-26-102-013