NOT LISTED FOR SALE

551 Red Spruce Trail Lake Villa, IL 60046

South Lake Villa Neighborhood

Estimated Value: $412,000 - $435,833

4 Beds
3 Baths
1,980 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 551 Red Spruce Trail, Lake Villa, IL 60046 and is currently estimated at $423,458, approximately $213 per square foot. 551 Red Spruce Trail is a home located in Lake County with nearby schools including Olive C Martin School, Palombi Middle School, and Lakes Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2006
Sold by
Tonge Hartwig Joanne
Bought by
Derue Mark A
Current Estimated Value
$423,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$150,431
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,027

Purchase Details

Closed on
Nov 27, 2002
Sold by
Adriansen Christian L and Adriansen Monica M
Bought by
Hartwig Joanne Tonge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
6.13%

Purchase Details

Closed on
Nov 16, 2000
Sold by
State Bank Of The Lakes
Bought by
Adriansen Christian L and Adriansen Monica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,900
Interest Rate
7.87%
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Derue Mark A $340,000 None Available
Hartwig Joanne Tonge $283,000 --
Adriansen Christian L $273,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derue Mark A $272,000
Previous Owner Hartwig Joanne Tonge $226,400
Previous Owner Adriansen Christian L $243,900
Source: Public Records

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 $11,024 $127,687 $16,882 $110,805
2023 $10,429 $112,818 $14,916 $97,902
2022 $10,429 $102,211 $13,779 $88,432
2021 $9,911 $94,948 $12,800 $82,148
2020 $9,700 $91,906 $12,390 $79,516
2019 $10,476 $88,329 $11,908 $76,421
2018 $10,912 $96,095 $17,639 $78,456
2017 $10,575 $93,533 $17,169 $76,364
2016 $10,723 $89,746 $16,474 $73,272
2015 $10,337 $83,820 $15,386 $68,434
2014 $9,397 $81,925 $15,353 $66,572
2012 $8,661 $82,320 $15,427 $66,893
Source: Public Records

Map

Illinois Lake County Lake Villa 60046 South Lake Villa

551 Red Spruce Trail, Lake Villa, IL

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