NOT LISTED FOR SALE

570 Somerset Ln Unit 4 Crystal Lake, IL 60014

Estimated Value: $156,000 - $162,000

2 Beds
2 Baths
989 Sq Ft
$270/mo HOA Fee

Last Sold December 23, 2014

Last sale price $48,249 $49 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,420/month

42 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • Dogs Allowed
  • Crystal Lake Central High School Rated A
  • Combination Dining and Living Room

About This Home

As of December 2014

UNIQUE SHORT SALE WITH QUICK RESPONSE FROM A HANDS ON BANK, PRICED TO SELL, NEEDS A LITTLE TLC, HOME SOLD AS IS, TAX PRORATIONS AT 100%, 2 BEDROOM, 2 FULL BATH, PERFECT 1ST FLOOR LOCATION, WITH PATIO, HOA INCLUDES WATER & POOL. CONVENIENT LOCATION CLOSE TO EVERYTHING, BANK IS LOOKING TO CLOSE THIS QUICKLY, AND YES INVESTORS.. RENTALS ALLOWED!! APPROVED AT 48,000

Last Agent to Sell the Property

Cris Sallmen

Berkshire Hathaway HomeServices Chicago License #475122148 Listed on: 10/11/2014

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Ellie Nicholson

OAC Management Company License #471005621

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,248

Year Built

  • Built in 1977

Lot Details

  • 12

HOA Fees

  • $270 Monthly HOA Fees

Interior Spaces

  • 989 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • SpacePak Central Air
  • Forced Air Heating System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Who Ever Association, Phone Number (815) 459-9187
  • Somerset Subdivision
  • Property managed by NORTHWEST PROPERTY MANAGEMENT

Pet Policy

  • Pets up to 50 lbs
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,248

Year Built

Built in 1977

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: SOMERSET
  • Year Built: 1977
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 989
  • Room Type: No additional rooms
  • Stories Total: 2
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm

Exterior Features

  • List Price: 48000
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac
  • Heating: Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Dogs OK
  • Association Fee: 270
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: NORTHWEST PROPERTY MANAGEMENT
  • Management Contact Name: WHO EVER
  • Management Phone: 815-459-9187
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 47

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 2248
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2014
Closed on
Dec 8, 2014
Sold by
Drafall David J and Drafall Tara M
Bought by
Fehu Inc
Seller's Agent
Cris Sallmen
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Ellie Nicholson
OAC Management Company
List Price
$48,000
Sold Price
$48,249
Premium/Discount to List
$249
0.52%
Current Estimated Value
$159,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,981
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Oct 26, 2005
Sold by
Mccarron Robert M and Mccarron Frances M
Bought by
Drafall David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
5.98%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2002
Sold by
Mccarron Bernard C
Bought by
Mccarron Robert M and Mccarron Frances M

Purchase Details

Closed on
Jan 30, 2002
Sold by
Mccarron Ruth E
Bought by
Mccarron Robert M and Mccarron Frances M

Purchase Details

Closed on
Jan 28, 2002
Sold by
Mccarron Phyllis
Bought by
Mccarron Bernard C

Purchase Details

Closed on
Mar 26, 1999
Sold by
Berg Ruth
Bought by
Mccarron Ruth E and Mccarron Bernard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,400
Interest Rate
6.89%

Purchase Details

Closed on
Aug 28, 1998
Sold by
Plate Barbara L and Brania Kathleen M
Bought by
Berg Ruth

Purchase Details

Closed on
Mar 24, 1997
Sold by
Plate Barbara L and Brania Kathleen M
Bought by
Plate Barbara L and Brania Kathleen M
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
Fehu Inc $48,249 Fort Dearborn Title
Drafall David J $113,000 Ct
Mccarron Robert M -- --
Mccarron Robert M -- --
Mccarron Bernard C -- --
Mccarron Ruth E $66,000 --
Berg Ruth $62,000 Intercounty Title
Plate Barbara L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drafall David J $109,600
Previous Owner Mccarron Robert M $68,000
Previous Owner Mccarron Ruth E $59,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $48,249 +0.5% $49 / Sq Ft
11/22/2014 11/22/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $48,000 0.0% $49 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
11/04/2014 11/04/14 Price Changed $48,000 +37.5% $49 / Sq Ft
10/11/2014 10/11/14 For Sale $34,900 -- $35 / 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 -- $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: 08750838

Midwest Real Estate Data (MRED)

APN: 19-08-253-060