NOT LISTED FOR SALE

580 Somerset Ln Unit 4 Crystal Lake, IL 60014

Estimated Value: $155,000 - $168,000

2 Beds
2 Baths
850 Sq Ft
$212/mo HOA Fee

Last Sold October 24, 2016

Last sale price $53,000 $62 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $1,389/month

15 Days on Market

About This Home

As of October 2016

Crystal Lake Condo in a desirable location.. Unit located in rear of building and so view is wooded area and private. Very motivated short sale seller..

Last Agent to Sell the Property

Terry Edwards

Rockland Real Estate License #475122539 Listed on: 06/21/2016

Last Buyer's Agent

Christy Rhonish

Partners Group Realty LLC License #475147301

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,535

Year Built

  • 1977

Lot Details

  • 11.74

HOA Fees

  • $212 per month

Home Design

  • Frame Construction

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,535

Year Built

1977

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1977
  • Type Attached: Condo
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X16, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 8X9, On Level: Main Level
  • Kitchen Type: Dimensions: 7X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X13, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 850

Exterior Features

  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance
  • Special Assessments: U
  • Assessment Association Fees: 212
  • Management Phone: 815-814-5177X000

Schools

  • School District: 155
  • Junior High Dist: 47

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 1908253108

Multi Family

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

Tax Info

  • Taxes: 2506.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Oct 24, 2016
Sold by
Horn Joshua D
Bought by
Anguluru Swetha
Seller's Agent
Terry Edwards
Rockland Real Estate
Buyer's Agent
Christy Rhonish
Partners Group Realty LLC
List Price
$58,000
Sold Price
$53,000
Premium/Discount to List
-$5,000
-8.62%
Current Estimated Value
$161,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,842
Avg. Annual Appreciation
13.03%

Purchase Details

Closed on
Jun 13, 2008
Sold by
Hud
Bought by
Horn Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,230
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 9, 2007
Sold by
Normann Edith Marie
Bought by
Hud

Purchase Details

Closed on
Jun 11, 2004
Sold by
Duddles Allison A
Bought by
Normann Edith Marie and Normann Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,360
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1999
Sold by
Raker Randall L
Bought by
Duddles Allison A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.29%

Purchase Details

Closed on
Apr 30, 1997
Sold by
Stoczanskyj Peter and Stoczanskyj Kimberly
Bought by
Raker Randall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
8%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 1995
Sold by
Hendle Derrick E
Bought by
Stoczanskyj Peter and Stoczanskyj Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,750
Interest Rate
8.4%
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
Anguluru Swetha $53,000 Fidelity National Title
Horn Joshua D $83,400 Stewart Title Company
Hud -- Comprehensive Title Inc
Normann Edith Marie $112,000 Pntn
Duddles Allison A $76,000 --
Raker Randall L $75,000 Attorneys Natl Title Network
Stoczanskyj Peter $70,500 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horn Joshua D $79,230
Previous Owner Normann Edith Marie $10,000
Previous Owner Normann Edith Marie $109,360
Previous Owner Duddles Allison A $49,500
Previous Owner Raker Randall L $73,100
Previous Owner Stoczanskyj Peter $68,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $53,000 -8.6% $62 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $58,000 -- $68 / 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 $3,535 $41,754 $10,737 $31,017
2023 $3,438 $37,344 $9,603 $27,741
2022 $2,857 $30,164 $8,667 $21,497
2021 $2,714 $28,101 $8,074 $20,027
2020 $2,652 $27,106 $7,788 $19,318
2019 $2,590 $25,944 $7,454 $18,490
2018 $1,918 $18,837 $6,886 $11,951
2017 $1,916 $17,746 $6,487 $11,259
2016 $1,200 $16,644 $6,084 $10,560
2013 -- $26,970 $5,676 $21,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09263941

Midwest Real Estate Data (MRED)

APN: 19-08-253-108