NOT LISTED FOR SALE

565 Somerset Ln Unit 5 Crystal Lake, IL 60014

Estimated Value: $164,000 - $174,837

2 Beds
2 Baths
1,030 Sq Ft
$246/mo HOA Fee

Last Sold October 09, 2014

Last sale price $50,459 $49 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $1,422/month

48 Days on Market

About This Home

As of October 2014

REO - BANK OWNED.PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. "SELLER WILL NOT ACTIVATE ANY UTILTIES" Listing Broker & Seller assume no responsibility & make no guarantees/warranties or representations as to the availability or accuracy of the property information, photographs or other information depicted/described herein.. CASH

Last Agent to Sell the Property

Tim Litchford

Owners.com Listed on: 07/24/2014

Last Buyer's Agent

Brian Karlow

CENTURY 21 New Heritage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,429

Year Built

  • 1973

Lot Details

  • 11.74

HOA Fees

  • $246 per month

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Cedar

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Utilities

  • SpacePak Central Air
  • Forced Air Heating System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,429

Year Built

1973

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1973
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X13, On Level: 2nd Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X10, On Level: 2nd Level
  • Kitchen Type: Dimensions: 10X8, On Level: 2nd Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level
  • Estimated Sq Ft: 1030

Exterior Features

  • Exterior Building Type: Brick, Cedar

Garage/Parking

  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Space Pac
  • Water: Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Electric, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment Includes: Water, Parking, Common Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights
  • Special Assessments: U
  • Assessment Association Fees: 246
  • Management Contact Name: Northwest Property Management
  • Management Phone: 815-459-9187X1111

Fee Information

  • Management Company: Northwest Property Management

Schools

  • School District: 155
  • Junior High Dist: 47

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 1908253021

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 1

Tax Info

  • Taxes: 2110.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2015
Sold by
Karlow Brian
Bought by
Glasgow Group Llc 565 Somerset Lane Ser
Current Estimated Value
$168,279

Purchase Details

Listed on
Jul 24, 2014
Closed on
Sep 26, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Karlow Brian
Seller's Agent
Tim Litchford
Owners.com
Buyer's Agent
Brian Karlow
CENTURY 21 New Heritage
List Price
$30,000
Sold Price
$50,459
Premium/Discount to List
$20,459
68.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%

Purchase Details

Closed on
Apr 1, 2005
Sold by
Eggebrecht Scott A
Bought by
Hubner Rachele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 21, 1994
Sold by
Eggebrecht James R
Bought by
Eggebrecht Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,950
Interest Rate
7.26%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Glasgow Group Llc 565 Somerset Lane Ser -- None Available
Karlow Brian $48,000 Premium Title Services Inc
Hubner Rachele $112,000 Plm Title Company
Eggebrecht Scott A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hubner Rachele $33,600
Previous Owner Eggebrecht Scott A $58,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2014 10/09/14 Sold $50,459 +68.2% $49 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
09/10/2014 09/10/14 Price Changed $30,000 -40.5% $29 / Sq Ft
09/04/2014 09/04/14 Off Market $50,459 -- --
09/03/2014 09/03/14 For Sale $30,000 0.0% $29 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
08/01/2014 08/01/14 Price Changed $30,000 0.0% $29 / Sq Ft
08/01/2014 08/01/14 For Sale $30,000 -40.5% $29 / Sq Ft
07/24/2014 07/24/14 Off Market $50,459 -- --
07/24/2014 07/24/14 For Sale $40,000 -- $39 / 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 $3,429 $40,503 $10,737 $29,766
2023 $3,335 $36,225 $9,603 $26,622
2022 $2,794 $29,497 $8,667 $20,830
2021 $2,654 $27,480 $8,074 $19,406
2020 $2,593 $26,507 $7,788 $18,719
2019 $2,533 $25,370 $7,454 $17,916
2018 $1,969 $19,333 $6,886 $12,447
2017 $1,966 $18,213 $6,487 $11,726
2016 $1,926 $17,082 $6,084 $10,998
2013 -- $24,277 $5,676 $18,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08682077

Midwest Real Estate Data (MRED)

APN: 19-08-253-021