NOT LISTED FOR SALE

568 Somerset Ln Unit 4 Crystal Lake, IL 60014

Estimated Value: $170,000 - $171,941

2 Beds
2 Baths
1,030 Sq Ft
$321/mo HOA Fee

Last Sold October 23, 2020

Last sale price $108,000 $105 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,510/month

43 Days on Market

Highlights

  • Main Floor Bedroom
  • Patio
  • Heating Available
  • Crystal Lake Central High School Rated A
  • Bathroom on Main Level

About This Home

As of October 2020

Spacious, modern, first floor two bedroom condo in the heart of Crystal Lake. The unit is fully equipped with dishwasher, garbage disposal, oven range, microwave with range fan, refrigerator, freezer, and in-unit washer& dryer. All appliances updated recently. Brand new carpet and padding in both bedrooms. Elegant kitchen with modern style includes brand new cabinets, a tile backsplash, and beautiful new granite counter tops. A granite composite deep kitchen sink completes the kitchen, making clean up fast and easy. Brand new high efficiency light fixtures light up the entire unit. Enjoy two full bathrooms, a private storage space and a private parking lot for your convenience. Clubhouse available to rent for specials occasions situated next to large in ground pool. HOA covers water bill, pool, clubhouse, common areas, landscape, snow removal, and parking lots. Only pay for electric! The entrance is located on the first floor with an accessible handicap ramp. Pets allowed in unit. Located near bike path, restaurants, train, and shopping. Minutes from downtown Crystal Lake, Route 14 and Randall Road. In coveted Crystal Lake school district.

Last Agent to Sell the Property

Mike Berg

Berg Properties License #475114838 Listed on: 07/20/2020

Last Buyer's Agent

Zivile Pitkiene

Coldwell Banker Realty License #475149353

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,389

Year Built

  • 1978

Lot Details

  • 11.74

HOA Fees

  • $321 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Included in Price

Additional Features

  • Laminate Flooring
  • Patio
  • Heating Available

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,389

Year Built

1978

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Disability Access: Yes
  • Disability Access Details: Entry Slope less than 1 foot
  • Unit Floor Level: L
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1978
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X10, On Level: Main Level, Flooring: Wood Laminate, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Range Hood
  • Equipment: TV-Cable, CO Detectors
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X8, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 10X7, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X11, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1030

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Common Area Amenities: Party Room, Pool-Outdoors
  • Assessment Includes: Water, Common Insurance, Pool, Lawn Care, Snow Removal
  • Assessment Association Fees: 321
  • Management Contact Name: First Residential
  • Management Phone: 855-333-5149

Fee Information

  • Management Company: First Residential

Schools

  • School District: 155
  • Elementary School: Canterbury Elementary School
  • Middle School: Hannah Beardsley Middle School
  • High School: Crystal Lake Central High School
  • Junior High Dist: 47

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 1908253044

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 2

Tax Info

  • Taxes: 1958.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 7, 2020
Sold by
Alopogianis Nicholas
Bought by
Shah Swapnil and Patel Bhavin D
Seller's Agent
Mike Berg
Berg Properties
Buyer's Agent
Zivile Pitkiene
Coldwell Banker Realty
List Price
$120,000
Sold Price
$108,000
Premium/Discount to List
-$12,000
-10%
Current Estimated Value
$170,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,985
Avg. Annual Appreciation
9.66%
Original Mortgage
$81,000
Outstanding Balance
$72,806
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$98,179

Purchase Details

Closed on
Feb 12, 2018
Sold by
Kuubat Robert
Bought by
Alopogianis Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2017
Sold by
Witte Egon
Bought by
Kubat Robert and Kubat Timothy

Purchase Details

Closed on
Oct 31, 2013
Sold by
Witte Egon and Witte Anita M
Bought by
Witte Egon and Egon Witte Trust
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
Shah Swapnil $108,000 Attorney
Alopogianis Nicholas $89,900 Heritage Title Co
Kubat Robert $70,150 Old Republic Title
Witte Egon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Swapnil $81,000
Previous Owner Alopogianis Nicholas $71,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $108,000 -6.0% $105 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $114,900 -2.5% $112 / Sq Ft
07/28/2020 07/28/20 Price Changed $117,900 -1.8% $114 / Sq Ft
07/20/2020 07/20/20 For Sale $120,000 -- $117 / 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 $2,031 $26,762 $7,788 $18,974
2019 $1,958 $25,614 $7,454 $18,160
2018 $1,307 $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 -- $25,498 $5,676 $19,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10788875

Midwest Real Estate Data (MRED)

APN: 19-08-253-044