NOT LISTED FOR SALE

581 Cress Creek Ln Unit 2 Crystal Lake, IL 60014

Estimated Value: $269,796 - $359,000

4 Beds
3 Baths
2,668 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $196,000 $73 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,135/month

4 Days on Market

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • Sliding Doors
  • Crystal Lake Central High School Rated A
  • Attached Garage

About This Home

As of October 2021

Come and check out this huge townhouse located in the Coveted Four Colonies Subdivision! This 3,000 square foot townhome features 4 large bedrooms, 2 and a half baths, and a full finished basement with a wet bar. All the rooms are extremely large. The family room features vaulted cathedral ceilings along with a wood burning fire place. The Master bedroom features a large master bathroom and walk-in closet. The loft is perfect for working from home or doing school work. Entertain your guests in the basement rec room or on the private porch overlooking the woods. The house needs some updating, but it is priced to reflect that. When you live here you have access to the Four Colonies Clubhouse. It features an outdoor pool, clubhouse, meeting rooms, tennis courts and more! Schedule a showing before it's gone.

Last Agent to Sell the Property

Ryan Coler

Real 1 Realty License #475172155 Listed on: 08/12/2021

Last Buyer's Agent

Jide Badmus

Jide Realty License #471019931

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,384

Year Built

  • 1979

Lot Details

  • 0.91

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • Separate Shower
  • 2,668 Sq Ft Home
  • Sliding Doors
  • Family Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Donna Smith Association, Phone Number (773) 572-0880
  • Property managed by Westward 360

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,384

Year Built

1979

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Townhouse-2 Story
  • Property Sub Type: Townhouse-2 Story
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: McHenry Ave to Nash Rd to St Andrews Ln to Cress Creek Lane to House on Left
  • Lot Size: 42.220780 X 88.340218
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Four Colonies
  • Special Features: None
  • Year Built: 1979

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Has Basement: Full
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 2668
  • Assessed Sq Ft: 2968
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 1968
  • Basement Sq Ft: 1000
  • Fireplace Location: Family Room
  • Total Sq Ft: 2968
  • Unfinished Basement Sq Ft: 300
  • Main Level Sq Ft: 1968
  • Door Features: Sliding Glass Door(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 10 Foot, Separate Dining Room
  • Dining Room Type: Recreation Room, Loft, Utility Room-Lower Level, Foyer, Utility Room-Lower Level
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Porch, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding,Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: Yes
  • Master Association Fee Frequency: Quarterly
  • Management Company: Westward 360
  • Management Contact Name: Donna Smith
  • Management Phone: 773-572-0880
  • Master Association Fee: 95
  • Amenities: Bike Room/Bike Trails, Exercise Room, Park, Party Room, Pool, Tennis Court(s), Clubhouse, In Ground Pool, Patio, School Bus, Trail(s)
  • Association Fee: 245
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 155

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 1

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5355
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Babalola Adeshina
Bought by
Babalola Olajumoke
Current Estimated Value
$297,199

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 13, 2021
Sold by
Burke Gale and Krautstrunk Morgan
Bought by
Babalola Adeshina and Babalola Olajumoke
Seller's Agent
Ryan Coler
Real 1 Realty
Buyer's Agent
Jide Badmus
Jide Realty
List Price
$189,900
Sold Price
$196,000
Premium/Discount to List
$6,100
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$172,710
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2001
Sold by
Blackwell Soile N
Bought by
Krautstrunk Kent R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.62%

Purchase Details

Closed on
Jun 1, 2000
Sold by
Wright Charlene
Bought by
Blackwell Soile N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
8.18%
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
Babalola Olajumoke -- None Listed On Document
Babalola Adeshina $192,000 None Available
Krautstrunk Kent R $165,000 Universal Title Services Inc
Blackwell Soile N $152,000 Universal Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babalola Adeshina $172,710
Previous Owner Krautstrunk Kent R $130,000
Previous Owner Blackwell Soile N $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $196,000 +3.2% $73 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $189,900 -- $71 / 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 $6,384 $83,406 $16,105 $67,301
2023 $6,132 $74,596 $14,404 $60,192
2022 $5,834 $67,588 $14,869 $52,719
2021 $6,081 $62,966 $13,852 $49,114
2020 $5,355 $60,737 $13,362 $47,375
2019 $5,204 $58,133 $12,789 $45,344
2018 $4,858 $53,702 $11,814 $41,888
2017 $4,813 $50,591 $11,130 $39,461
2016 $4,674 $47,450 $10,439 $37,011
2013 -- $53,401 $9,738 $43,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11186961

Midwest Real Estate Data (MRED)

APN: 19-07-276-045