$232,500
SOLD OCT 8, 2020

5516 Chancery Way Lake In the Hills, IL 60156

3 Beds
2 Baths
2,060 Sq Ft
0.25 Acres

Recently Sold

$113 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Walk-In Pantry
  • Martin Elementary School Rated A
  • First Floor Utility Room
  • Cul-De-Sac

About This Home

As of May 2022

This beautifully maintained, move-in ready home with vaulted, cathedral ceilings in the living room gives plenty of natural sunlight all throughout the space. The large kitchen has a center mounted island with tons of counter and cabinet space for storage, and a brand new dishwasher. The master bedroom has a spacious walk-in closet. A full finished basement comes complete with a huge family room and another large bedroom. The backyard has a well kept deck with lots of space for entertaining in this quiet cul-de-sac location.

Last Agent to Sell the Property

David Gust

Century 21 Gust Realty License #471000200

Century 21 Gust Realty

Last Buyer's Agent

Lorena Cardenas

Baird & Warner Real Estate - Algonquin License #475185987

Baird & Warner Real Estate - Algonquin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,141

Year Built

  • 1994

HOA Fees

  • $10 per month

Parking

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

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • First Floor Utility Room
  • Laminate Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned

Additional Features

  • Deck
  • Cul-De-Sac

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,141

Year Built

1994

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 26-30 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1994
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Owned
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 16X11, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Utility Room-1st Floor
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Utility Room-1st Floor, Dimensions: 8X5, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X10, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 2060
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 26X15, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.25

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

  • 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: 2060
  • Assessment Association Fees: 120

Schools

  • School District: 158
  • Elementary School: Chesak Elementary School
  • Middle School: Huntley Middle School
  • High School: Huntley High School
  • Junior High Dist: 158
  • Other Public School District: 528
  • Other Public School: Mchenry County College

Lot Info

  • Lot Dimensions: 10890
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 1826105007

Tax Info

  • Taxes: 4524.22

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
Coldwell Banker Realty
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%
Total Days on Market
5
Current Estimated Value
$357,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,993
Avg. Annual Appreciation
0.37%

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

Map

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 Type Sale Price Title Company
Warranty Deed -- Citywide Title
Warranty Deed $232,500 None Available
Warranty Deed $216,000 Pntn
Warranty Deed $179,000 Attorneys Title Guaranty Fun
Warranty Deed $137,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,500 VA
Previous Owner $42,713 FHA
Previous Owner $244,945 FHA
Previous Owner $241,326 FHA
Previous Owner $227,700 Balloon
Previous Owner $202,900 FHA
Previous Owner $194,400 Purchase Money Mortgage
Previous Owner $178,300 Unknown
Previous Owner $179,000 No Value Available
Previous Owner $8,050 Unknown
Previous Owner $134,561 FHA
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

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 $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

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10816874

Midwest Real Estate Data (MRED)

APN: 18-26-105-007