NOT LISTED FOR SALE

565 Somerset Ln Unit 2 Crystal Lake, IL 60014

Estimated Value: $158,000 - $167,151

2 Beds
2 Baths
989 Sq Ft
$337/mo HOA Fee

Last Sold October 01, 2021

Last sale price $114,900 $116 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,478/month

16 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Crystal Lake Central High School Rated A
  • Dogs and Cats Allowed

About This Home

As of October 2021

Excellent updated and move in ready two bedroom, two bath condo in Somerset Subdivision 1st floor. Large Living room and Spacious Kitchen with plenty of cabinets. Master suite with private bath & good size closet. 2nd bedroom also a good size & full hall bath- Washer & Dryer also in-unit- Prime location, walking distance to shopping, close to Metra, theater, restaurants & more. Schedule an appointment today.

Last Agent to Sell the Property

Julian Mendoza

Universal Real Estate LLC License #471013859 Listed on: 07/30/2021

Last Buyer's Agent

Luis Serrano

Keller Williams Thrive License #475147058

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1977

Lot Details

  • 11.74

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 989 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include water, gas
  • 8 Units
  • Manager Association, Phone Number (847) 777-7036
  • Property managed by FIRST RESIDENTIAL SERVICES

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,618

Year Built

Built in 1977

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator, Microwave
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 989
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • MRD_MBB: None
  • Master Bedroom Dimensions: 16X12

Exterior Features

  • List Price: 115900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 337
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: FIRST RESIDENTIAL SERVICES
  • Management Contact Name: Manager
  • Management Phone: 847-777-7036

Fee Information

  • Association Fee Includes: Water, Gas

Schools

  • Middle/Junior School District: 47

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2618.18
  • Tax Year: 2020

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 30, 2021
Sold by
Milan Ladislao J Lopez and Chavez Angelica
Bought by
Martinez Irma Flores and Martinez Irma A
Seller's Agent
Julian Mendoza
Universal Real Estate LLC
Buyer's Agent
Luis Serrano
Keller Williams Thrive
List Price
$115,900
Sold Price
$114,900
Premium/Discount to List
-$1,000
-0.86%
Current Estimated Value
$162,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,638
Avg. Annual Appreciation
8.92%
Original Mortgage
$91,920
Outstanding Balance
$85,054
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$77,484

Purchase Details

Closed on
Jul 26, 2021
Sold by
Espinoza Fernando Milan
Bought by
Espinoza Fernando Milan and Milan Ladislao J

Purchase Details

Listed on
Jan 8, 2013
Closed on
May 15, 2013
Sold by
Deutsche Bank National Trust Co
Bought by
Lopez Milan Ladislao
Seller's Agent
Tim Litchford
Owners.com
Buyer's Agent
Julian Mendoza
Universal Real Estate LLC
List Price
$22,400
Sold Price
$28,399
Premium/Discount to List
$5,999
26.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%

Purchase Details

Listed on
Jan 8, 2013
Closed on
Apr 26, 2013
Sold by
Lopez Milan Ladislao
Bought by
Espinoza Fernando Milan
Seller's Agent
Tim Litchford
Owners.com
Buyer's Agent
Julian Mendoza
Universal Real Estate LLC
List Price
$22,400
Sold Price
$28,399
Premium/Discount to List
$5,999
26.78%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Sherry Brynn
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Feb 3, 2012
Sold by
Sherry Brynn M and Puckett Garrett N
Bought by
Sherry Brynn M

Purchase Details

Closed on
Nov 10, 2008
Sold by
Sherry Brynn M
Bought by
Sherry Brynn M and Puckett Garrett N

Purchase Details

Closed on
Dec 12, 2006
Sold by
Frishman Elizabeth
Bought by
Sherry Brynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
8.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 2005
Sold by
Hosston Properties Inc
Bought by
Frishman Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,625
Interest Rate
5.66%
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
Martinez Irma Flores $115,000 Chicago Title Ins
Espinoza Fernando Milan -- None Available
Lopez Milan Ladislao $28,399 Premium Title Services Inc
Espinoza Fernando Milan -- Chicago Title
Deutsche Bank National Trust Co -- None Available
Sherry Brynn M -- Attorneys Title Guaranty Fun
Sherry Brynn M -- Attorneys Title Guaranty Fun
Sherry Brynn M -- Attorneys Title Guaranty Fun
Sherry Brynn $117,000 Nlt Title Llc
Frishman Elizabeth $117,500 Ut
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Irma Flores $91,920
Previous Owner Sherry Brynn $105,300
Previous Owner Frishman Elizabeth $111,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2021 10/01/21 Sold $114,900 -0.9% $116 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $115,900 +308.1% $117 / Sq Ft
04/26/2013 04/26/13 Sold $28,399 +26.8% $29 / Sq Ft View Prior Sale
03/27/2013 03/27/13 Pending -- -- --
03/25/2013 03/25/13 Price Changed $22,400 0.0% $23 / Sq Ft
03/25/2013 03/25/13 For Sale $22,400 -10.4% $23 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
01/16/2013 01/16/13 Price Changed $25,000 -12.0% $25 / Sq Ft
01/08/2013 01/08/13 Off Market $28,399 -- --
01/08/2013 01/08/13 For Sale $25,000 -- $25 / 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 $3,389 $40,031 $10,737 $29,294
2023 $3,297 $35,803 $9,603 $26,200
2022 $2,821 $29,781 $8,667 $21,114
2021 $2,679 $27,744 $8,074 $19,670
2020 $2,618 $26,762 $7,788 $18,974
2019 $2,557 $25,614 $7,454 $18,160
2018 $1,918 $18,837 $6,886 $11,951
2017 $1,916 $17,746 $6,487 $11,259
2016 $1,877 $16,644 $6,084 $10,560
2013 -- $11,333 $5,676 $5,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11173966

Midwest Real Estate Data (MRED)

APN: 19-08-253-018