NOT LISTED FOR SALE

521 E Lake Ave Round Lake, IL 60073

Estimated Value: $286,000 - $342,000

3 Beds
2 Baths
1,280 Sq Ft
$239/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $235,000 $184 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,244/month

10 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Raised Ranch Architecture
  • Grayslake North High School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of November 2021

Drop-dead gorgeous walk-out ranch! This 3 bedroom, 2 bath home has recently been remodeled. There's a huge, covered front deck that you'll notice right away plus a brand new driveway! All of the hardwood floors have been refinished and are absolutely beautiful. The spacious kitchen features a breakfast bar, granite counters, tile backsplash, brand new stainless steel appliances, and new hardware on the cabinets. The master bath has been completely remodeled. The lower level is finished with a rec room and includes an extra office space. There are plenty of updates to the outdoor space as well including new landscaping, a new fence, two-car garage with a brand new garage door, and a new paver patio! The entire home has been freshly painted as well and features a newer roof! Grayslake schools and walking distance to the lake! Schedule your private showing before it's too late.

Last Agent to Sell the Property

Ivonne Payes

Payes Real Estate Group License #471022097 Listed on: 10/14/2021

Co-Listed By

Joshua Payes

Payes Real Estate Group License #475196014

Last Buyer's Agent

Jeannine Thompson

Re/Max Advantage License #475182205

Re/Max Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,753

Year Built

  • Built in 1986 | Remodeled in 2021

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Walk-Out Ranch
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,280 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Living Room
  • Dining Room
  • Recreation Room
  • Workshop
  • Utility Room with Study Area
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Finished Basement

  • English Basement
  • Sump Pump
  • Finished Basement Bathroom

Accessible Home Design

  • Accessibility Features
  • Receding Pocket Doors

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,753

Year Built

Built in 1986 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • ArchitecturalStyle: Walk-Out Ranch
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: English
  • Accessibility Features: Pocket Door(s)
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Skylight(s), Hardwood Floors, Open Floorplan
  • LivingArea: 1280
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room, Workshop
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 5663
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6753
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2025
Sold by
Gonyea-Alexander Ann M and Alexander Larry G
Bought by
Gonyea Ann Maria
Current Estimated Value
$306,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$158,376
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$147,748

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 16, 2021
Sold by
Gilberto Bustillos Jr
Bought by
Alexander Larry G and Gonyea-Alexander Ann M
Seller's Agent
Ivonne Payes
Payes Real Estate Group
Buyer's Agent
Jeannine Thompson
Re/Max Advantage
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$188,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2018
Closed on
May 14, 2018
Sold by
Black Square Modwest Llc
Bought by
Bustillos Gilberto
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Ivonne Payes
Payes Real Estate Group
List Price
$179,900
Sold Price
$178,500
Premium/Discount to List
-$1,400
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$175,266
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Black Square Midwest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 7, 2017
Sold by
Zunker Randall S
Bought by
Deutsche Bank National Trust Company and Ameriquest Mortgage Securities Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonyea Ann Maria -- Fidelity National Title
Alexander Larry G $235,000 Lakeland Title Services
Bustillos Gilberto $178,500 Greater Illinois Title Compa
Black Square Midwest Llc $130,400 Greater Illinois Title Compa
Deutsche Bank National Trust Company -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonyea Ann Maria $160,000
Previous Owner Alexander Larry G $188,000
Previous Owner Bustillos Gilberto $175,266
Previous Owner Black Square Midwest Llc $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $235,000 -4.1% $184 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $245,000 +37.3% $191 / Sq Ft
06/15/2018 06/15/18 Sold $178,500 -0.8% $139 / Sq Ft View Prior Sale
05/04/2018 05/04/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $179,900 -- $141 / 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 $7,911 $79,197 $9,377 $69,820
2023 $7,070 $72,685 $8,606 $64,079
2022 $7,070 $62,559 $7,424 $55,135
2021 $7,017 $60,130 $7,136 $52,994
2020 $7,006 $57,212 $6,790 $50,422
2019 $6,753 $54,890 $6,514 $48,376
2018 $4,869 $40,945 $6,195 $34,750
2017 $4,847 $38,514 $5,827 $32,687
2016 $4,567 $35,553 $5,379 $30,174
2015 $4,392 $32,480 $4,914 $27,566
2014 $5,179 $37,128 $4,941 $32,187
2012 $5,129 $38,776 $5,160 $33,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11246182

Midwest Real Estate Data (MRED)

APN: 06-21-203-036