NOT LISTED FOR SALE

572 Somerset Ln Unit 1 Crystal Lake, IL 60014

Estimated Value: $160,000 - $164,000

2 Beds
4 Baths
989 Sq Ft
$244/mo HOA Fee

Last Sold September 30, 2014

Last sale price $43,500 $44 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $1,356/month

49 Days on Market

Highlights

  • Galley Kitchen
  • Crystal Lake Central High School Rated A
  • Forced Air Heating System

About This Home

As of September 2014

2 BEDROOM, 2 BATH FIRST FLOOR CONDO UNIT. MASTER BEDROOM WITH FULL BATH. PATIO. CONVENIENT LOCATION. THIS IS FANNIE MAE HOMEPATH PROPERTY.

Last Agent to Sell the Property

Tyler Lewke

Keller Williams Success Realty License #471002170 Listed on: 07/30/2014

Keller Williams Success Realty

Co-Listed By

Kimberly Eilks

Keller Williams Success Realty License #475136193

Last Buyer's Agent

Virginia Moran

United Brokers of Illinois License #475140151

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,712

Lot Details

  • 12

HOA Fees

  • $244 per month

Home Design

  • Brick Exterior Construction
  • Cedar

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • SpacePak Central Air
  • Forced Air Heating System

Additional Features

  • Galley Kitchen
  • Primary Bathroom is a Full Bathroom

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,712

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: Unknown
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.2
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 3X4, On Level: Main Level, Flooring: Carpet, Windows: None
  • Dining Room: Dimensions: 10X08, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Dimensions: 9X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 989
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Cedar

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Dogs OK
  • Assessment Includes: Common Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 244
  • Management Contact Name: Janice Reinhart
  • Management Phone: 815-459-9182

Fee Information

  • Management Company: Northwest Properties

Schools

  • School District: 155
  • Junior High Dist: 47

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 1908253073

Multi Family

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

Tax Info

  • Taxes: 2257.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2014
Closed on
Sep 29, 2014
Sold by
Fannie Mae
Bought by
Prado Victor M
Seller's Agent
Tyler Lewke
Keller Williams Success Realty
Buyer's Agent
Virginia Moran
United Brokers of Illinois
List Price
$41,500
Sold Price
$43,500
Premium/Discount to List
$2,000
4.82%
Current Estimated Value
$162,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,075
Avg. Annual Appreciation
12.74%

Purchase Details

Closed on
Jun 30, 2014
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 28, 2014
Sold by
Miller John and Miller Aimee N
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
May 21, 2004
Sold by
Miller John
Bought by
Miller John and Miller Amie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 31, 1997
Sold by
Cierny James R and Cierny Pamela J
Bought by
Miller John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.26%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 1994
Sold by
Simmons Robert B and Simmons Sharon
Bought by
Cierny James R and Cierny Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
8.91%
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
Prado Victor M $43,500 First American Title Ins Co
Federal National Mortgage Association -- None Available
Green Tree Servicing Llc -- None Available
Miller John -- Chicago Title Insurance Comp
Miller John $70,500 --
Cierny James R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller John $73,000
Previous Owner Miller John $68,000
Previous Owner Miller John $64,000
Previous Owner Miller John $66,500
Previous Owner Cierny James R $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $43,500 +4.8% $44 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $41,500 0.0% $42 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $41,500 -- $42 / 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 $2,712 $40,031 $10,737 $29,294
2023 $2,560 $35,803 $9,603 $26,200
2022 $2,253 $29,781 $8,667 $21,114
2021 $2,100 $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 $1,268 $17,746 $6,487 $11,259
2016 $1,200 $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: MRD08688924

Midwest Real Estate Data (MRED)

APN: 19-08-253-073