NOT LISTED FOR SALE

521 E Cedar Dr Round Lake Park, IL 60073

Estimated Value: $463,000 - $477,448

3 Beds
2.5 Baths
2,552 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $350,000 $137 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,017/month

1 Day on Market

Highlights

  • Access To Lake
  • 0.99 Acre Lot
  • Mature Trees
  • Grayslake North High School Rated A
  • Open Floorplan
  • Community Lake

About This Home

As of August 2021

Set your eyes on this bright and beautiful ranch home located on nearly one acre of land on a peaceful street that ends right at the lake. Just one look, and you will fall in love with both the spacious floor plan and the lovely property. So many memories have been made here and so many more are ready to be made with all the room to entertain both inside and out. This home and property will surely allow you to include everyone and more for the holiday parties! Highlights include vaulted 11 foot ceilings, a huge family room with dry bar area that has plenty of cabinets and legroom for 6-8 barstools. The sizable family room opens up to the kitchen and additional eating area. On the back of the home is a very large master suite with a master bath, a seating area and a sliding door that leads out to one of the decks. What a perfect spot to escape and sit out and enjoy the backyard views. All of this living space on one level and there is even more room downstairs in the basement for play, more entertaining, and storage! Located just 5 minutes from the shopping and restaurants of Round Lake and Grayslake and within the fabulous Grayslake school system. Call your agent today to schedule your showing so you can start making memories here!!!!

Last Agent to Sell the Property

Mary Onstad

Baird & Warner License #475184682 Listed on: 07/09/2021

Baird & Warner

Last Buyer's Agent

Peggy Cobrin

Coldwell Banker Realty License #471003480

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,224

Year Built

  • Built in 1987

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 131.20 x 330
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,552 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Blinds
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Partially Finished Basement
  • Partial Basement
  • Laundry on main level

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Access To Lake
  • Tideland Water Rights
  • Deck
  • Fire Pit

Schools

  • Prairieview Elementary School
  • Grayslake Middle School
  • Grayslake North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,224

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Open Floorplan, Some Carpeting, Some Wood Floors, Drapes/Blinds, Separate Dining Room
  • LivingArea: 2552
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2552
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Doors,Sliding Glass Door(s)
  • Window Features: Blinds,Skylight(s)

Exterior Features

  • DirectionFaces: South
  • ExteriorFeatures: Deck, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 325000
  • Lot Features: Water Rights, Wooded, Mature Trees, Backs to Trees/Woods, Lake Access
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

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

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Private Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Prairieview 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: 0.985
  • Lot Dimensions: 131.20 X 330
  • Rural (Y/N): Y
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10224.08
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 20, 2021
Sold by
Sieger Robert K and Sieger Sandra J
Bought by
Palangio Mark Richard and Palangio Anina Marielle
Seller's Agent
Mary Onstad
Baird & Warner
Buyer's Agent
Peggy Cobrin
Coldwell Banker Realty
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Current Estimated Value
$467,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,862
Avg. Annual Appreciation
7.90%
Original Mortgage
$280,000
Outstanding Balance
$255,334
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$219,106
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
Palangio Mark Richard $350,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palangio Mark Richard $50,900
Open Palangio Mark Richard $280,000
Previous Owner Sieger Robert K $146,750
Previous Owner Sieger Robert K $75,000
Previous Owner Sieger Robert K $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $350,000 +7.7% $137 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $325,000 -- $127 / 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 $16,244 $127,107 $30,539 $96,568
2023 $13,832 $140,813 $26,693 $114,120
2022 $13,832 $116,655 $19,926 $96,729
2021 $10,644 $93,105 $19,153 $73,952
2020 $10,614 $88,587 $18,224 $70,363
2019 $10,224 $84,991 $17,484 $67,507
2018 $9,781 $78,523 $17,301 $61,222
2017 $10,041 $73,862 $16,274 $57,588
2016 $9,609 $68,183 $15,023 $53,160
2015 $9,336 $62,291 $13,725 $48,566
2014 $7,837 $53,233 $9,781 $43,452
2012 $7,718 $55,596 $10,215 $45,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11149690

Midwest Real Estate Data (MRED)

APN: 06-21-204-059