NOT LISTED FOR SALE

531 1st St Grayslake, IL 60030

Estimated Value: $358,000 - $379,420

3 Beds
2 Baths
1,743 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $280,000 $161 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,305/month

27 Days on Market

Highlights

  • 1.78 Acre Lot
  • Vaulted Ceiling
  • Wood Flooring
  • Grayslake Central High School Rated A
  • Ranch Style House
  • Gazebo

About This Home

As of May 2022

Rare & Unique Opportunity for this incredible piece of property. Ranch style home on almost 2 acres w/mature trees, outbuildings & circle driveway! Precious cottage-style home w/ impressive living room w/ stone fireplace & vaulted ceilings. Built-ins & Hardwood floors ! Kitchen w/ it's bay window allows you to look out at all the beauty of nature....mature trees & wildlife! The close proximity to town, lake, schools, and train make this an incredible opportunity to own something that is truly a "one of a kind" property!!! Value is in the location & land. Being sold "as-is".

Last Agent to Sell the Property

Nano Engdahl

Baird & Warner License #475130315 Listed on: 01/24/2022

Baird & Warner

Last Buyer's Agent

Susan Bernovich

Baird & Warner License #475132035

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,703

Year Built

  • Built in 1944

Lot Details

  • 1.78 Acre Lot
  • Lot Dimensions are 169x265x327x407

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

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

Interior Spaces

  • 1,743 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Gazebo
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Woodview Elementary School
  • Grayslake Middle School
  • Grayslake Central High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Steam
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,703

Year Built

Built in 1944

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: 1944
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 1743
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Other Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Workshop
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 280000
  • OtherStructures: Gazebo, Outbuilding
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Gravel,Circular
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: None
  • Heating: Steam, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Woodview School
  • High School: Grayslake Central High School
  • Middle/Junior School: Grayslake Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 1.78
  • Lot Dimensions: 169X265X327X407
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9703.3
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Apr 14, 2022
Sold by
Johannes C Vanderstappen Revocable Trust
Bought by
Miniscalco Matthew Louis and Miniscalco Gabriela
Seller's Agent
Nano Engdahl
Baird & Warner
Buyer's Agent
Susan Bernovich
Baird & Warner
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$369,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,105
Avg. Annual Appreciation
8.39%
Original Mortgage
$266,000
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 19, 1999
Sold by
Vanderstappen Johannes C and Vanderstappen Wilma M
Bought by
Vanderstappen Johannes C and Vanderstappen Wilma M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Miniscalco Matthew Louis $280,000 New Title Company Name
Vanderstappen Johannes C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miniscalco Matthew Louis $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $280,000 0.0% $161 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $280,000 -- $161 / 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 $12,713 $117,787 $54,210 $63,577
2023 $10,928 $108,101 $49,752 $58,349
2022 $10,928 $91,127 $20,389 $70,738
2021 $11,100 $89,767 $21,776 $67,991
2020 $9,703 $85,411 $20,719 $64,692
2019 $9,349 $81,945 $19,878 $62,067
2018 $11,769 $101,169 $53,726 $47,443
2017 $11,688 $95,164 $50,537 $44,627
2016 $11,169 $87,846 $46,651 $41,195
2015 $9,167 $80,254 $42,619 $37,635
2014 $9,468 $78,924 $38,026 $40,898
2012 $7,927 $82,427 $39,714 $42,713
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11291786

Midwest Real Estate Data (MRED)

APN: 06-27-201-014