NOT LISTED FOR SALE

5503 Chancery Way Lake In the Hills, IL 60156

Estimated Value: $370,000 - $460,937

4 Beds
3 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold May 03, 2018

Last sale price $245,000

Est. 71% increase in value since last sale

Current estimated payment $2,982/month

154 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Recreation Room
  • Martin Elementary School Rated A
  • Property is near a park
  • Vaulted Ceiling

About This Home

As of May 2018

DONT MISS THIS 4 BED, 2 1/2 BATH, 3 CAR GARAGE HOME IN AN AMAZING LOCATION!! LARGE EAT IN KITCHEN WITH BUTLERS PANTRY, 2 STORY FAMILY ROOM WITH FIREPLACE, AND SLIDER LEADING TO A LARGE DECK AND BACK YARD WITH NO NEIGHBORS BEHIND YOU! HUGE OPEN RETENTION AREA! MASTER SUITE WITH FULL BATH, AND 3 ADDITIONAL BEDROOMS WITH GENEROUS ROOM SIZES. BONUS FULL FINISHED BASEMENT WITH BAR AND TWO ENTERTAINING AREAS! COME CHECK THIS ONE OUT! THE SHORT SALE HAS BEEN APPROVED AT THE CURRENT LIST PRICE!!

Last Agent to Sell the Property

Bryan Firth

Associates Realty License #475133566 Listed on: 09/20/2017

Associates Realty

Last Buyer's Agent

Guljit Singh

Statewide Home Realty Inc License #475137325

Statewide Home Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,103

Year Built

  • 1995

Lot Details

  • 8,276

Parking

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

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Dry Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Dining Area
  • Recreation Room
  • Play Room
  • First Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,103

Year Built

1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Dry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 5X8, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 10X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Eating Area, Utility Room-1st Floor, Recreation Room, Play Room
  • Master Bedroom: Dimensions: 13X19, On Level: 2nd Level, Flooring: Wood Laminate, Windows: None
  • Additional Room 1 Name: Eating Area, Dimensions: 7X13, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Utility Room-1st Floor, Dimensions: 07X09, On Level: Main Level
  • Bedroom 2: Dimensions: 11X12, On Level: 2nd Level, Flooring: Wood Laminate
  • Additional Room 3 Name: Bar, Dimensions: 11X09, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Recreation Rm, Dimensions: 21X22, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X12, On Level: 2nd Level, Flooring: Wood Laminate
  • Additional Room 5 Name: Playroom, Dimensions: 12X11, On Level: Basement, Flooring: Carpet
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X18, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.19

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 3457

Schools

  • School District: 158
  • Junior High Dist: 158

Lot Info

  • Lot Dimensions: 67X126
  • Lot Description: Park Adjacent
  • Parcel Identification Number: 1826102029

Tax Info

  • Taxes: 7758.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
May 3, 2018
Sold by
Sowizrol James R and Gallas Kelli K
Bought by
Brahmbhatt Rupesh and Brahmbhatt Geeta
Seller's Agent
Bryan Firth
Associates Realty
Buyer's Agent
Guljit Singh
Statewide Home Realty Inc
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%
Current Estimated Value
$419,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,234
Avg. Annual Appreciation
7.12%
Original Mortgage
$196,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2007
Sold by
Frederick David A and Frederick Wendi M
Bought by
Sowizrol James R and Gallas Kelli K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,400
Interest Rate
5.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 28, 1995
Sold by
Sundance Kaco Ltd Partnership
Bought by
Frederick David A and Frederick Wendi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,100
Interest Rate
8.5%
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
Brahmbhatt Rupesh $245,000 Old Republic Title
Sowizrol James R $307,000 Chicago Title Insurance Co
Frederick David A $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brahmbhatt Rupesh $196,000
Previous Owner Sowizrol James R $61,400
Previous Owner Sowizrol James R $245,600
Previous Owner Frederick David A $177,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $245,000 -1.6% --
02/21/2018 02/21/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $249,000 0.0% --
11/30/2017 11/30/17 Pending -- -- --
11/02/2017 11/02/17 Price Changed $249,000 -3.9% --
09/20/2017 09/20/17 For Sale $259,000 -- --
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 $9,103 $131,331 $7,454 $123,877
2023 $8,868 $117,976 $6,696 $111,280
2022 $8,509 $107,426 $6,097 $101,329
2021 $8,250 $101,173 $5,742 $95,431
2020 $8,140 $98,475 $5,589 $92,886
2019 $6,895 $83,384 $5,446 $77,938
2018 $7,835 $92,080 $6,129 $85,951
2017 $7,688 $86,778 $5,776 $81,002
2016 $7,758 $82,505 $5,492 $77,013
2013 -- $69,973 $12,643 $57,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09756811

Midwest Real Estate Data (MRED)

APN: 18-26-102-029