NOT LISTED FOR SALE

541 Colton Rd Grayslake, IL 60030

Estimated Value: $300,000 - $346,000

3 Beds
3 Baths
1,640 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $144,000 $88 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,411/month

27 Days on Market

Highlights

  • Vaulted Ceiling
  • Walk-In Pantry
  • Attached Garage
  • Grayslake Central High School Rated A
  • Fenced Yard
  • Breakfast Bar

About This Home

As of July 2014

Great home with an open floor plan, 2 story foyer, vaulted ceilings and plant shelves. All of the appliances stay in this eat-in kitchen that looks out on the large, completely fenced yard. Washer & dryer stay in this 2nd floor laundry. No association fees in this 1/2 duplex. Located close to parks, train, and shopping.

Last Agent to Sell the Property

Ginny Burch

RE/MAX Advisors Listed on: 01/29/2014

Last Buyer's Agent

John Blair

Baird & Warner

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,422

Year Built

  • 1996

Lot Details

  • 5,314

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Storage
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Fenced Yard

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,422

Year Built

1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1996
  • Tax Exemptions: Homeowner
  • Type Attached: 1/2 Duplex
  • Special Features: 12
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 2nd Floor Laundry, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1640
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X12, On Level: Main Level, Flooring: Stone

Exterior Features

  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • Exterior Property Features: Patio

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
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK

Schools

  • School District: 127
  • Elementary School: AVON CENTER ELEMENTARY SCHOOL
  • Middle School: GRAYSLAKE MIDDLE SCHOOL
  • High School: GRAYSLAKE CENTRAL HIGH SCHOOL
  • Junior High Dist: 46
  • Elementary School #2: FREDERICK SCHOOL

Lot Info

  • Lot Dimensions: 42X112X51X118
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 06251100070000

Multi Family

  • Total Number Unitsin Building: 2
  • Number Stories: 2

Tax Info

  • Taxes: 6,806.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2014
Closed on
Jul 29, 2014
Sold by
Baumann Linda Ann
Bought by
Beata Victoria F
Seller's Agent
Ginny Burch
RE/MAX Advisors
Buyer's Agent
John Blair
Baird & Warner
List Price
$155,000
Sold Price
$144,000
Premium/Discount to List
-$11,000
-7.1%
Current Estimated Value
$323,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,376
Avg. Annual Appreciation
7.50%
Original Mortgage
$115,200
Outstanding Balance
$85,527
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$239,196

Purchase Details

Closed on
Aug 14, 2008
Sold by
Baumann Linda Ann
Bought by
Baumann Linda Ann and Linda Ann Baumann Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2003
Sold by
Cendant Mobility Financial Corp
Bought by
Coffman Harold D and Coffman Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2001
Sold by
Choi Holden H and Hong Heejung
Bought by
Mitsoff Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,284
Interest Rate
4.87%

Purchase Details

Closed on
Jun 22, 1996
Sold by
Northern Tr Bank Lake Forest Natl Assn
Bought by
Choi Holden H and Hong Heejung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,480
Interest Rate
8.33%
Mortgage Type
Balloon
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
Beata Victoria F $144,000 Imperial Land Title Inc
Baumann Linda Ann -- None Available
Baumann Linda Ann $217,500 Attorneys Title Guaranty Fun
Coffman Harold D $193,000 Burnet Title Llc
Cendant Mobility Financial Corp $193,000 Burnet Title Llc
Mitsoff Christine $182,500 --
Choi Holden H $154,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beata Victoria F $115,200
Previous Owner Baumann Linda Ann $174,000
Previous Owner Coffman Harold D $154,400
Previous Owner Mitsoff Christine $173,284
Previous Owner Choi Holden H $114,480
Closed Coffman Harold D $28,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $144,000 0.0% $88 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/21/2014 02/21/14 Price Changed $144,000 -7.1% $88 / Sq Ft
01/29/2014 01/29/14 For Sale $155,000 -- $95 / 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 $8,422 $82,992 $17,222 $65,770
2023 $8,018 $76,168 $15,806 $60,362
2022 $7,368 $67,431 $8,138 $59,293
2021 $6,554 $58,996 $7,822 $51,174
2020 $6,538 $56,133 $7,442 $48,691
2019 $7,551 $63,339 $7,140 $56,199
2018 $7,497 $63,399 $8,672 $54,727
2017 $7,449 $59,636 $8,157 $51,479
2016 $7,130 $55,051 $7,530 $47,521
2015 $6,924 $50,293 $6,879 $43,414
2014 $6,807 $49,274 $7,896 $41,378
2012 $6,720 $51,461 $8,246 $43,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08525611

Midwest Real Estate Data (MRED)

APN: 06-25-110-007