NOT LISTED FOR SALE

556 Hillcrest Terrace Round Lake Park, IL 60073

Estimated Value: $183,000 - $189,685

-- Bed
1 Bath
954 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $116,500 $122 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,312/month

1 Day on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Home Office
  • Shed

About This Home

As of July 2021

A great home of one's own is an achievable dream here! Lots of light in this 3 bedroom, 1 bath plus office/bonus room, eat-in Kitchen, 1 car attached garage. This charmer was built in 1963. Nice, private fenced backyard with lots of pretty plantings and brick paver patio. Newer windows! This Ranch home is in the heart of Lake County. Easy summer living! Walk to Bengson beach and park and Alpine Country Club and marina on Round Lake.

Last Agent to Sell the Property

Lala Mahoney

Jameson Sotheby's International Realty License #471018551 Listed on: 06/10/2021

Jameson Sotheby's International Realty

Last Buyer's Agent

Maureen Muse

RE/MAX Vision 212 License #475140395

RE/MAX Vision 212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 1963

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41x120

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 1 Full Bathroom
  • 954 Sq Ft Home
  • Home Office
  • Crawl Space
  • Laundry in unit

Parking

  • Attached Garage
  • Parking Included in Price

Outdoor Features

  • Shed

Schools

  • W J Murphy Elementary School
  • Round Lake Senior High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,146

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 954
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 125000
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 0
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: W J Murphy Elementary School
  • High School: Round Lake Senior High School
  • Middle/Junior School District: 116

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 41X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3146
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 20, 2021
Sold by
Smith Barbara L and Smith Barbara L
Bought by
Ocampo Esteban and Ocampo Estaban
Seller's Agent
Lala Mahoney
Jameson Sotheby's International Realty
Buyer's Agent
Maureen Muse
RE/MAX Vision 212
List Price
$125,000
Sold Price
$116,500
Premium/Discount to List
-$8,500
-6.8%
Current Estimated Value
$187,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,921
Avg. Annual Appreciation
11.26%
Original Mortgage
$89,700
Outstanding Balance
$82,195
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$98,423

Purchase Details

Closed on
Apr 11, 2013
Sold by
Smith Barbara L
Bought by
Livi Smith Barbara L and Livi Barbara L Smith Revocable
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
Ocampo Esteban $116,500 Chicago Title
Livi Smith Barbara L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocampo Esteban $89,700
Previous Owner Smith Larry W $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $116,500 -6.8% $122 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $125,000 -- $131 / 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 $3,574 $48,677 $9,494 $39,183
2023 $3,175 $42,547 $8,298 $34,249
2022 $3,175 $35,967 $7,180 $28,787
2021 $3,357 $34,570 $6,901 $27,669
2020 $3,204 $32,892 $6,566 $26,326
2019 $3,146 $31,558 $6,300 $25,258
2018 $2,877 $26,305 $6,041 $20,264
2017 $2,739 $24,743 $5,682 $19,061
2016 $2,473 $22,840 $5,245 $17,595
2015 $2,375 $20,866 $4,792 $16,074
2014 $2,159 $24,647 $4,534 $20,113
2012 $2,402 $25,741 $4,735 $21,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11116518

Midwest Real Estate Data (MRED)

APN: 06-21-411-019