NOT LISTED FOR SALE

5514 Chancery Way Lake In the Hills, IL 60156

Estimated Value: $322,683 - $351,000

3 Beds
2 Baths
1,503 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $220,000 $146 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,403/month

381 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Home Office
  • Martin Elementary School Rated A
  • Traditional Architecture
  • Walk-In Pantry

About This Home

As of February 2020

Well maintained, charming 3 bedroom home in the heart of Lake in the Hills!!! Sitting in a perfect cul-de-sac location, this cheerful home boasts all the amenities your looking for! 2 story foyer, family and dining room greet you as you enter. Open layout offers many possibilities for this space. Bring your creativity for any and all design/function needs, can be also a lovely great room with ample sitting areas. Updated powder room, laminate flooring and freshly painted first floor are perfect finishing touches to this residence. Open kitchen concept with newer charcoal stainless steel appliances. You won't disappointed with all the amenities, including a double oven. The open concept kitchen is ideal for entertaining!!! Eat in area off the kitchen overlooks a patio and lovely backyard. Fantastic warm family room complete the space with a fireplace right off the kitchen area. The ambiance is delightful! Imagine cooking or entertaining with fireplace roaring on chilly nights! Or having dinner el fresco in the summer. So many ways to enjoy this home! Upstairs you will find 3 large bedrooms with ample closet space. Large upgraded full bathroom in a central location! Finished full basement, with a large game area and an office or gym. Nuts and bolts are newer too: garage doors & water heater. Roof was replaced in 2015. Turnkey and ready to go. This desirable home offers so much for the price and is in coveted Huntley school district! Come and enjoy this inviting home with it's nice features and lifestyle!

Last Listed By

Roxana Naughton

Berkshire Hathaway HomeServices Starck Real Estate License #475136816 Listed on: 01/07/2020

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,249

Year Built

  • 1994

Lot Details

  • 5,227

HOA Fees

  • $11 per month

Parking

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

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Laminate Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Cul-De-Sac

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,249

Year Built

1994

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 26-30 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1503
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1994
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2276
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X4, On Level: Main Level, Windows: None
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Breakfast Room, Office, Recreation Room
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 12X10, On Level: Main Level, Flooring: Vinyl
  • Additional Room 2 Name: Recreation Rm, Dimensions: 21X15, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Office, Dimensions: 15X12, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1503
  • Estimated Total Finished Sq Ft: 2276
  • Basement Sq Ft: 773
  • Basement Finished Sq Ft: 773
  • Upper Level Sq Ft: 1503
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X12, On Level: Main Level, Flooring: Wood Laminate, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.124

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • 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

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • Assessed Sq Ft: 2566
  • Assessment Association Fees: 130

Schools

  • School District: 158
  • High School: Huntley High School
  • Junior High Dist: 158

Lot Info

  • Lot Dimensions: 68X80X289X83
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 1826105008

Tax Info

  • Taxes: 4819.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 19, 2020
Sold by
Colovos Maribeth
Bought by
Roman Jesus Santana and Rosales Elena
Seller's Agent
Roxana Naughton
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Ivonne Payes
Payes Real Estate Group
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%
Total Days on Market
381
Current Estimated Value
$335,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,921
Avg. Annual Appreciation
8.45%
Original Mortgage
$209,000
Outstanding Balance
$188,668
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$147,253

Purchase Details

Closed on
Oct 1, 2009
Sold by
The Secretary Of Veterans Affairs
Bought by
Colovos Maribeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,866
Interest Rate
5.07%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2009
Sold by
Vogt
Bought by
The Secretary Of Veteran Affairs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,866
Interest Rate
5.07%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2004
Sold by
Herman Jeffrey A and Herman Joann L
Bought by
Vogt Eugene L and Vogt Lay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,892
Interest Rate
5.71%
Mortgage Type
VA

Purchase Details

Closed on
Mar 21, 2003
Sold by
Herman Jeffrey A and Herman Joann L
Bought by
Herman Jeffrey A and Herman Joann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
5.95%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 1994
Sold by
Sundance Kaco Ltd Partnership
Bought by
Herman Jeffrey A and Herman Joann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,110
Interest Rate
7.35%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Roman Jesus Santana $220,000 Attorney
Colovos Maribeth $173,000 Multiple
The Secretary Of Veteran Affairs $167,447 None Available
Vogt Eugene L $214,600 --
Herman Jeffrey A -- Ticor Title
Herman Jeffrey A $143,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roman Jesus Santana $209,000
Previous Owner Colovos Maribeth $22,890
Previous Owner Colovos Maribeth $169,866
Previous Owner Vogt Eugene L $16,500
Previous Owner Vogt Eugene L $218,892
Previous Owner Herman Jeffrey A $27,080
Previous Owner Herman Jeffrey A $156,750
Previous Owner Herman Jeffrey A $154,432
Previous Owner Herman Jeffrey A $141,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $220,000 -2.2% $146 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/07/2019 01/07/19 For Sale $224,900 -- $150 / 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
2023 $6,249 $85,503 $5,021 $80,482
2022 $6,028 $77,857 $4,572 $73,285
2021 $5,836 $73,326 $4,306 $69,020
2020 $5,774 $71,594 $4,191 $67,403
2019 $5,681 $69,766 $4,084 $65,682
2018 $4,820 $58,953 $4,596 $54,357
2017 $4,716 $55,558 $4,331 $51,227
2016 $4,748 $52,822 $4,118 $48,704
2013 $2,342 $55,657 $9,022 $46,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10603530

Midwest Real Estate Data (MRED)

APN: 18-26-105-008