NOT LISTED FOR SALE

551 Cress Creek Ln Unit 2 Crystal Lake, IL 60014

Estimated Value: $269,000 - $298,000

2 Beds
1.5 Baths
1,486 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $243,000 $164 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,274/month

Highlights

  • Fitness Center
  • Clubhouse
  • Stream or River on Lot
  • Crystal Lake Central High School Rated A
  • Property is adjacent to nature preserve
  • Wooded Lot

About This Home

As of October 2023

This is the one you've been waiting for! Come check out this rarely available end unit townhome, on a premium street, backing up to a nature preserve. The main level offers a combined living room and dinning room with a separate family room with a gas fireplace! All new light fixtures, bathroom exhaust fans, and solid hardwood floors with wrought iron railings! First floor bathroom and laundry. Upstairs offers 2 large bedrooms with a huge shared master bathroom. Large walk in closet in the master bedroom and newly installed ceiling fan. Full unfinished basement awaits your finishing touches to offer another huge area of living space. New concrete patio for an outdoor entertainers dream! New garage door! Close to downtown Crystal Lake, the beach, shopping, dinning and more! Watch fireworks from your front lawn on the 4th of July! Club house offers a huge party space along with an outdoor inground pool, weight and exercise room, racquetball court, tennis courts, community game room and billiards table! This home truly has everything you could want and more.

Last Agent to Sell the Property

Cody Stratman

HomeSmart Connect, LLC. Listed on: 09/21/2023

HomeSmart Connect, LLC.

Last Buyer's Agent

Dorthy Pastorelli

Compass License #475150285

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,904

Year Built

  • Built in 1979 | Remodeled in 2019

Lot Details

  • Lot Dimensions are 120x30
  • Property is adjacent to nature preserve
  • Wooded Lot
  • Backs to Trees or Woods

HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,486 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Stream or River on Lot
  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Manager Association, Phone Number (800) 901-5431
  • Four Colonies Subdivision
  • Property managed by Westward360

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,904

Year Built

Built in 1979 | Remodeled in 2019

Lot Details

0

HOA Fees

$292 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Four Colonies
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, First Floor Full Bath, Beamed Ceilings
  • LivingArea: 1486
  • Room Type: Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2358
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 239000
  • Lot Features: Common Grounds, Nature Preserve Adjacent, Stream(s), Wooded, Backs to Trees/Woods
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 260
  • Association Amenities: Bike Room/Bike Trails, Exercise Room, Park, Pool, Tennis Court(s), Clubhouse, In Ground Pool
  • Association Fee Frequency: Monthly
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Quarterly
  • Management Company: Westward360
  • Management Contact Name: Manager
  • Management Phone: 800-901-5431
  • Master Association Fee: 95
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Other

Schools

  • Middle/Junior School District: 47

Lot Info

  • Lot Dimensions: 120X30
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 4904.46
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Dec 3, 2019
Sold by
Arend Craig
Bought by
Eul Kathleen C
Seller's Agent
Candace Kissner
RE/MAX Suburban
Buyer's Agent
Cody Stratman
HomeSmart Connect, LLC.
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$282,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,916
Avg. Annual Appreciation
9.62%
Original Mortgage
$156,750
Outstanding Balance
$140,206
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$142,710

Purchase Details

Closed on
Jun 25, 2004
Sold by
Glover Elizabeth A
Bought by
Arend Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.46%
Mortgage Type
Unknown
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
Eul Kathleen C $165,000 Heritage Title Company
Arend Craig $185,000 Universal Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eul Kathleen C $156,750
Previous Owner Arend Craig $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2023 10/19/23 Sold $243,000 +1.7% $164 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $239,000 +44.8% $161 / Sq Ft
12/12/2019 12/12/19 Sold $165,000 -2.9% $111 / Sq Ft View Prior Sale
11/07/2019 11/07/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $169,900 -- $114 / 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 $5,833 $76,905 $16,105 $60,800
2023 $5,597 $68,782 $14,404 $54,378
2022 $4,904 $57,777 $15,820 $41,957
2021 $4,619 $53,826 $14,738 $39,088
2020 $4,492 $51,920 $14,216 $37,704
2019 $3,863 $49,693 $13,606 $36,087
2018 $3,555 $45,906 $12,569 $33,337
2017 $3,481 $43,247 $11,841 $31,406
2016 $3,334 $40,562 $11,106 $29,456
2013 -- $46,621 $10,360 $36,261
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11890015

Midwest Real Estate Data (MRED)

APN: 19-07-276-030