NOT LISTED FOR SALE

524 Lancaster Dr Pingree Grove, IL 60140

Estimated Value: $287,000 - $290,000

2 Beds
2.5 Baths
1,518 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $230,000 $152 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,309/month

137 Days on Market

Highlights

  • Vaulted Ceiling
  • Loft
  • Formal Dining Room
  • Hampshire High School Rated A-
  • Party Room
  • Porch

About This Home

As of February 2023

Don't miss out on this airy and bright townhome in desirable Cambridge Lakes! As you walk through the front door you will immediately notice the volume ceiling and tons of natural light. The eat-In kitchen offers abundance of Maple cabinetry, black appliances, closet pantry, and opens to the back patio which is perfect for entertaining! Upstairs you will find a spacious primary bedroom with a large walk-in closet and private full bathroom with a soaker tub. A 2nd bedroom and loft (which could be easily converted to a 3rd bedroom), a full hall bath and laundry room are also located on the second level. This is a great location with tons of area amenities including a clubhouse and miles of bike paths!

Last Agent to Sell the Property

Frank Gaines

Baird & Warner Fox Valley - Geneva License #475165905 Listed on: 08/25/2022

Baird & Warner Fox Valley -  Geneva

Last Buyer's Agent

Michael Zapart

Compass License #475145813

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 2006

Lot Details

  • 0.4

HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,518 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Loft
  • Laminate Flooring
  • Sump Pump

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Porch

Schools

  • Gary Wright Elementary School
  • Hampshire Middle School
  • Hampshire High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Manager Association, Phone Number (847) 459-1222
  • Cambridge Lakes Subdivision
  • Property managed by Foster Premier

Amenities

  • Common Area
  • Party Room

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,236

Year Built

Built in 2006

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Cambridge Lakes
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, Second Floor Laundry
  • LivingArea: 1518
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Loft, Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 230000
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(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
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 217
  • Association Amenities: Bike Room/Bike Trails, Park, Party Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Monthly
  • Management Company: Foster Premier
  • Management Contact Name: Manager
  • Management Phone: 847-459-1222
  • Master Association Fee: 78
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Gary Wright Elementary School
  • High School: Hampshire High School
  • Middle/Junior School: Hampshire Middle School
  • Middle/Junior School District: 300

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 1X1
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 5236.1
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Jan 26, 2023
Sold by
Peters Jennifer L
Bought by
Belo John A
Seller's Agent
Frank Gaines
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Michael Zapart
Compass
List Price
$230,000
Sold Price
$230,000
Views
169
Current Estimated Value
$288,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,433
Avg. Annual Appreciation
9.02%
Original Mortgage
$184,000
Outstanding Balance
$178,015
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$110,418

Purchase Details

Closed on
May 1, 2017
Sold by
Gerritsen Rudolf
Bought by
Peters Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,156
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 29, 2013
Closed on
Nov 22, 2013
Sold by
Drosopoulos Jennifer L and Wascher Jennifer L
Bought by
Gerritsen Rudolf
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$125,000
Sold Price
$123,000
Premium/Discount to List
-$2,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$120,772
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2006
Sold by
Drh Cambridge Homes Inc
Bought by
Wascher Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,840
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Belo John A $230,000 None Listed On Document
Peters Jennifer L $157,000 Chicago Title Insurance Co
Gerritsen Rudolf $123,000 First American Title
Wascher Jennifer L $192,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belo John A $184,000
Previous Owner Peters Jennifer L $154,156
Previous Owner Gerritsen Rudolf $120,772
Previous Owner Wascher Jennifer L $153,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $230,000 0.0% $152 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
12/28/2022 12/28/22 Price Changed $230,000 0.0% $152 / Sq Ft
12/28/2022 12/28/22 For Sale $230,000 -2.1% $152 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
09/28/2022 09/28/22 Price Changed $235,000 -2.1% $155 / Sq Ft
08/25/2022 08/25/22 For Sale $240,000 +95.1% $158 / Sq Ft
11/21/2013 11/21/13 Sold $123,000 -1.6% $83 / Sq Ft
09/29/2013 09/29/13 Pending -- -- --
09/29/2013 09/29/13 For Sale $125,000 -- $84 / 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 $5,825 $79,192 $14,428 $64,764
2023 $5,657 $71,616 $13,048 $58,568
2022 $5,381 $63,976 $12,030 $51,946
2021 $5,236 $60,173 $11,315 $48,858
2020 $5,141 $58,637 $11,026 $47,611
2019 $5,024 $56,279 $10,583 $45,696
2018 $4,842 $52,319 $9,932 $42,387
2017 $4,398 $45,498 $9,458 $36,040
2016 $4,376 $43,315 $9,004 $34,311
2015 -- $40,910 $8,504 $32,406
2014 -- $43,327 $8,504 $34,823
2013 -- $45,218 $8,660 $36,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11613141

Midwest Real Estate Data (MRED)

APN: 02-28-331-017