NOT LISTED FOR SALE

526 2nd St Grayslake, IL 60030

Estimated Value: $432,000 - $434,000

4 Beds
4 Baths
1,800 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $255,000 $142 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,331/month

21 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Wooded Lot
  • Grayslake Central High School Rated A
  • Recreation Room
  • Vaulted Ceiling

About This Home

As of August 2018

Experience the ambiance and warmth of this beautiful log home, offering the feeling of the north woods, yet the convenience of being a short walk to downtown Grayslake. Great room/dining area with vaulted ceiling, wood burning stove and a bay window. 3.5 baths, 3 main floor bedrooms, Master bath updated 2017. New roof 2016. Full basement with walk-out. Spacious in law arrangement in basement includes a full bath and kitchen. Handicap accessible. Wraparound porch. Beautiful yard offering privacy and a screened gazebo. Local parks and schools are just a short walk.

Last Agent to Sell the Property

Jackie Grieshamer

4 Sale Realty, Inc. License #471018458 Listed on: 06/17/2018

Last Buyer's Agent

Cheryl Duhig

Baird & Warner License #475127421

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,718

Year Built

  • 1992

Lot Details

  • East or West Exposure
  • Wooded Lot

Parking

  • Attached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Log Cabin
  • Slab Foundation
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Great Room
  • Workroom
  • Recreation Room
  • Screened Porch

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Fire Pit

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,718

Year Built

1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Disability Access: Yes
  • Disability Access Details: 36 inch or more wide halls, Grab Bars Throughout, Main Level Entry, Wheelchair Ramp(s)
  • Age: 26-30 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Log
  • Type Detached: 1 Story
  • Estimated Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), In-Law Arrangement
  • Number Of Rooms: 11
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;, Radon Mitigation System(s)
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X6, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Recreation Room, 2nd Kitchen, Workroom, Walk In Closet, Great Room
  • Master Bedroom: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 24X26, On Level: Basement, Flooring: Other, Windows: Curtains/Drapes
  • Additional Room 2 Name: 2nd Kitchen, Dimensions: 11X13, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Work Rm, Dimensions: 12X20, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: Walk in Closet, Dimensions: 7X9, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 12X12, On Level: Basement, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 5 Name: Walk in Closet, Dimensions: 6X8, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 6 Name: Great Rm, Dimensions: 24X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1800
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 12X12, On Level: Basement, Flooring: Carpet, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Log
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch, Porch Screened, Brick Paver Patio, Fire Pit
  • Exposure: E (East)
  • Acreage: 0.23

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
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 2694

Schools

  • School District: 127
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 80X125
  • Lot Description: Wooded
  • Parcel Identification Number: 06272040060000

Tax Info

  • Taxes: 10946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2018
Closed on
Aug 14, 2018
Sold by
Hoist Timothy C and Hoist Krista L
Bought by
Reyer Jessica
Seller's Agent
Jackie Grieshamer
4 Sale Realty, Inc.
Buyer's Agent
Cheryl Duhig
Baird & Warner
List Price
$292,900
Sold Price
$255,000
Premium/Discount to List
-$37,900
-12.94%
Current Estimated Value
$433,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,022
Avg. Annual Appreciation
7.63%
Original Mortgage
$245,471
Outstanding Balance
$213,182
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$219,840

Purchase Details

Closed on
Dec 27, 1996
Sold by
Idstein John H and Idstein Mary E
Bought by
Holst Timothy C and Holst Krista L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.58%

Purchase Details

Closed on
Jan 30, 1995
Sold by
Idstein John H and Idstein Mary E
Bought by
Idstein John H and Idstein Mary E
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
Reyer Jessica $281,000 North American Title Company
Holst Timothy C $212,000 --
Idstein John H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyer Jessica $245,471
Previous Owner Holst Timothy C $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2018 08/14/18 Sold $255,000 -12.9% $142 / Sq Ft
07/08/2018 07/08/18 Pending -- -- --
06/17/2018 06/17/18 For Sale $292,900 -- $163 / 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 $12,718 $126,549 $16,596 $109,953
2023 $12,245 $116,142 $15,231 $100,911
2022 $12,245 $108,112 $9,307 $98,805
2021 $12,107 $103,914 $8,946 $94,968
2020 $12,110 $98,872 $8,512 $90,360
2019 $11,695 $94,860 $8,167 $86,693
2018 $11,062 $90,176 $19,974 $70,202
2017 $10,946 $84,823 $18,788 $66,035
2016 $10,508 $78,300 $17,343 $60,957
2015 $10,244 $71,533 $15,844 $55,689
2014 $11,250 $75,672 $13,529 $62,143
2012 $10,748 $79,030 $14,129 $64,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09990408

Midwest Real Estate Data (MRED)

APN: 06-27-204-006