NOT LISTED FOR SALE

550 Topeka Dr Grayslake, IL 60030

Estimated Value: $313,000 - $325,000

3 Beds
3 Baths
2,066 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $175,000 $85 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,455/month

76 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Loft
  • Grayslake Central High School Rated A
  • Whirlpool Bathtub
  • Walk-In Pantry

About This Home

As of March 2019

Conveniently located, just minutes to the Metra station for your work commute and to downtown Grayslake. This 3 bedroom townhouse offers a spacious and versatile floor plan. The large living room has double doors leading to a 1st floor den/home office. Easily entertain in kitchen opening into the dining area. Sliding glass doors to your own private patio. Kitchen upgrades include 42" cabinets, Corian counters and stainless steel appliances. First floor laundry room. Upstairs the large loft could be a family room or an exercise room. You'll love the master bedroom with a vaulted ceiling, walk in closet and a private spa bath with double sinks, a whirlpool tub and separate shower. Two additional bedrooms on the second floor are both nicely sized. Bedroom 2 has a walk in closet. Attached two car garage. Lake Street Square subdivision. Grayslake grade school district 46 & Grayslake Central high school district 127. No outside work to be done, HOA covers lawn care, exterior maintenance.

Last Agent to Sell the Property

Jim Starwalt

Better Homes and Garden Real Estate Star Homes License #471010243 Listed on: 11/14/2018

Better Homes and Garden Real Estate Star Homes

Last Buyer's Agent

Matthew Lawrence

1st Class Real Estate - All Pro License #475118040

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,477

Year Built

  • 2006

Lot Details

  • 1,612

HOA Fees

  • $150 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Loft

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Landscaped Professionally

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,477

Year Built

2006

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2006
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Laundry, Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 08X08, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Loft, Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2066
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 150
  • Management Contact Name: PATHWAY PROPERTY MANAGEMENT
  • Management Phone: 815-836-0400

Fee Information

  • Management Company: PATHWAY PROPERTY MANAGEMENT

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 1594 SQ. FT.
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 06344050450000

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 5890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2020
Sold by
Montano Elio I and Montano Denise
Bought by
Montano Denise and Montano Elio I
Current Estimated Value
$319,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,990
Outstanding Balance
$151,234
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$168,454

Purchase Details

Closed on
Oct 10, 2018
Sold by
Barrett Lawrence T and Scaggs Iris S
Bought by
Montano Elio I and Montano Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2014
Sold by
Barrett Lawrence T and Scaggs Iris S
Bought by
Barrett Lawrence T and Li Iris

Purchase Details

Closed on
May 17, 2007
Sold by
Neumann Homes Inc
Bought by
Barrett Lawrence T and Scaggs Iris S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,836
Interest Rate
6.22%
Mortgage Type
Unknown
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
Montano Denise -- Inspire Closing Services Llc
Montano Elio I $175,000 Chicago Title
Barrett Lawrence T -- None Available
Barrett Lawrence T $250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montano Denise $170,990
Previous Owner Montano Elio I $171,830
Previous Owner Barrett Lawrence T $199,836
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $175,000 -2.2% $85 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/23/2019 01/23/19 Price Changed $178,999 0.0% $87 / Sq Ft
11/14/2018 11/14/18 For Sale $179,000 0.0% $87 / Sq Ft
03/14/2016 03/14/16 Rented $1,600 0.0% --
02/05/2016 02/05/16 Under Contract -- -- --
11/30/2015 11/30/15 For Rent $1,600 -- --
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 $7,477 $77,981 $7,470 $70,511
2023 $6,585 $71,569 $6,856 $64,713
2022 $6,585 $60,902 $5,972 $54,930
2021 $6,497 $58,537 $5,740 $52,797
2020 $6,481 $55,696 $5,461 $50,235
2019 $6,249 $53,435 $5,239 $48,196
2018 $5,932 $51,455 $4,201 $47,254
2017 $5,890 $48,401 $3,952 $44,449
2016 $5,623 $44,679 $3,648 $41,031
2015 $5,443 $40,818 $3,333 $37,485
2014 $5,820 $42,964 $6,445 $36,519
2012 $5,758 $44,871 $6,731 $38,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10137523

Midwest Real Estate Data (MRED)

APN: 06-34-405-045