NOT LISTED FOR SALE

5516 Chancery Way Lake In the Hills, IL 60156

Estimated Value: $347,000 - $402,000

2 Beds
2.5 Baths
1,292 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $353,500 $274 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,408/month

1 Day on Market

Highlights

  • First Floor Utility Room
  • Living Room
  • Central Air
  • Martin Elementary School Rated A
  • Laundry Room
  • Dining Room

About This Home

As of May 2022

Gorgeous and fully updated 3 Bed/2 1/2 bath home on a quiet cul-de-sac in lake in the hills. Located in the amazing and sought after huntley school district, perfect for setting roots. Updates include a fully remodeled kitchen with All brand new SS appliances(2021), Granite countertops, Cabinetry, Backsplash, center Island with built in microwave, perfect for saving on counter-space. Brand New Washer & Dryer (2021). Fresh paint and flooring (water resistant laminate & Carpet) throughout. Bathrooms have all been remodeled.

Last Agent to Sell the Property

Lorena Cardenas

Baird & Warner License #475185187 Listed on: 04/08/2022

Baird & Warner

Last Buyer's Agent

Tamara O'Connor

Premier Living Properties License #475110537

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,744

Year Built

  • Built in 1994

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,292 Sq Ft Home
  • 2-Story Property
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Chesak Elementary School
  • Huntley High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include insurance
  • Association Phone (847) 985-4044
  • Property managed by ABC Property Managers INC.

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,744

Year Built

Built in 1994

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1994
  • Age: 26-30 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): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1292
  • Room Type: Family Room, Utility Room-1st Floor
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2060
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 320000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 136
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ABC Property Managers INC.
  • Management Contact Name: n/a
  • Management Phone: 847-985-4044

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Elementary School: Chesak Elementary School
  • High School: Huntley High School
  • Middle/Junior School District: 158

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 2060
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 4744.38
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 3, 2022
Sold by
Salgado Landeros and Salgado Karen
Bought by
Harnielec Mark
Seller's Agent
Lorena Cardenas
Baird & Warner
Buyer's Agent
Tamara O'Connor
Premier Living Properties
List Price
$320,000
Sold Price
$353,500
Premium/Discount to List
$33,500
10.47%
Current Estimated Value
$368,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,288
Avg. Annual Appreciation
1.34%

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 21, 2020
Sold by
Hreska Wesley M and Hreska Sandra K
Bought by
Landeros Roberto
Seller's Agent
David Gust
Century 21 Gust Realty
Buyer's Agent
Lorena Cardenas
Baird & Warner Real Estate - Algonquin
List Price
$234,900
Sold Price
$232,500
Premium/Discount to List
-$2,400
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.37%
Original Mortgage
$232,500
Interest Rate
2.99%
Mortgage Type
VA

Purchase Details

Closed on
Feb 21, 2005
Sold by
Perreault Charles J and Perreault Jeannette
Bought by
Hreska Wesley M and Hreska Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2002
Sold by
Byrne Timothy W and Byrne Lynda M
Bought by
Perreault Charles J and Perreault Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.34%

Purchase Details

Closed on
Sep 9, 1994
Sold by
Sundance Kaco Ltd Partnership
Bought by
Byrne Timothy W and Byrne Lynda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,561
Interest Rate
8.44%
Mortgage Type
FHA
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
Harnielec Mark -- Citywide Title
Landeros Roberto $232,500 None Available
Hreska Wesley M $216,000 Pntn
Perreault Charles J $179,000 Attorneys Title Guaranty Fun
Byrne Timothy W $137,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landeros Roberto $232,500
Previous Owner Hreska Wesley M $194,400
Previous Owner Perreault Charles J $179,000
Previous Owner Byrne Timothy W $134,561
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $353,500 +10.5% $274 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $320,000 +37.6% $248 / Sq Ft
10/08/2020 10/08/20 Sold $232,500 -1.0% $113 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $234,900 -- $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 $5,305 $79,881 $5,589 $74,292
2023 $5,141 $71,758 $5,021 $66,737
2022 $4,978 $65,341 $4,572 $60,769
2021 $4,814 $61,538 $4,306 $57,232
2020 $4,744 $59,897 $4,191 $55,706
2019 $4,666 $58,368 $4,084 $54,284
2018 $4,524 $55,705 $4,596 $51,109
2017 $4,425 $52,497 $4,331 $48,166
2016 $4,453 $49,912 $4,118 $45,794
2013 -- $50,702 $9,022 $41,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11369779

Midwest Real Estate Data (MRED)

APN: 18-26-105-007