Seller's Agent in 2024
Jessica Davis
Fathom Realty IL, LLC
3 in this area
21 Total Sales
586 Somerset Ln Unit 7 Crystal Lake, IL 60014
Estimated Value: $167,000 - $173,177
2
Beds
2
Baths
980
Sq Ft
$391/mo
HOA Fee
Highlights
- Clubhouse
- Community Pool
- Entrance Foyer
- Crystal Lake Central High School Rated A
- Resident Manager or Management On Site
- Storage
About This Home
As of April 2024Excellent investment opportunity!! 586 Somerset Ln, 7 is a second-floor condo unit that offers a harmonious blend of modernity, comfort, and convenience, inviting you or your future tenants to experience a lifestyle defined by luxury and practicality. Prepare to be captivated by the kitchen, a masterpiece of beauty and functionality. Recently updated with a lavish touch, it features high-end finishes, stainless steel appliances, and stylish accents that effortlessly blend form and function. This unit includes two spacious bedrooms with closet organizers, ensuring a seamless blend of space and organization. The two full bathrooms have been updated with modern touches that provide a sense of cleanliness and shine. Extra storage space on the same floor! Step outside onto the balcony, a serene retreat offering a perfect spot to unwind and savor moments of relaxation. The condo complex further enhances the lifestyle with a range of amenities, including a clubhouse for gatherings and events, and an inviting inground outdoor pool-a haven for leisure and recreation. Location couldn't be more ideal! Situated in an excellent area close to restaurants, shopping centers, recreation, parks and within walking distance to the grocery store. Convenience and entertainment are at your fingertips, promising a lifestyle of ease and enjoyment. Cats or dogs ok up to 25 lbs. Free gas and water you just pay electric!
Last Agent to Sell the Property
Fathom Realty IL, LLC License #475180980 Listed on: 11/30/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,262
Year Built
- Built in 1976
Lot Details
- 1.16
HOA Fees
- $391 Monthly HOA Fees
Interior Spaces
- 980 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Storage
- Laminate Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
- Parking Included in Price
- Unassigned Parking
Utilities
- One Cooling System Mounted To A Wall/Window
- Heating Available
Community Details
Overview
- Association fees include water, gas, parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
- 8 Units
- Jacob Pena Association, Phone Number (847) 806-6121
- Property managed by Property Specialists, Inc
Recreation
- Community Pool
Pet Policy
- Pets up to 25 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Additional Features
- Clubhouse
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2023
Closed on
Apr 3, 2024
Sold by
Davis Samuel
Bought by
Bauer Coriann and Bauer Cori
Seller's Agent
Jessica Davis
Fathom Realty IL, LLC
Buyer's Agent
George Carlson
Conversion Specialists, Inc
List Price
$165,000
Sold Price
$161,250
Premium/Discount to List
-$3,750
-2.27%
Views
177
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,544
Avg. Annual Appreciation
4.07%
Original Mortgage
$120,000
Outstanding Balance
$118,468
Interest Rate
7.37%
Mortgage Type
New Conventional
Estimated Equity
$51,700
Purchase Details
Listed on
Oct 1, 2021
Closed on
Sep 2, 2021
Sold by
Peterson Scott and Peterson Jeannie
Bought by
Davis Samuel
Seller's Agent
Jessica Davis
Fathom Realty IL, LLC
Buyer's Agent
Jessica Davis
Fathom Realty IL, LLC
Sold Price
$1,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$92,175
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 1, 2011
Closed on
Feb 1, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Peterson Scott and Peterson Jeannie
Seller's Agent
Joseph Mueller
Tanis Group Realty
Buyer's Agent
Kathy Gaare
Coldwell Banker Real Estate Group
List Price
$32,000
Sold Price
$29,000
Premium/Discount to List
-$3,000
-9.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%
Purchase Details
Closed on
Jul 12, 2011
Sold by
Guerriero Renee M
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Aug 29, 2005
Sold by
Domagalski Jennifer M
Bought by
Guerriero Renee M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
5.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 26, 2001
Sold by
Waterson Joseph P
Bought by
Domagalski Jennifer M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,900
Interest Rate
6.68%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 28, 2000
Sold by
National City Bank Michigan
Bought by
Waterson Joseph P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
8.29%
Purchase Details
Closed on
Dec 17, 1999
Sold by
Reynolds
Bought by
National City Bank Michigan
Purchase Details
Closed on
Jul 29, 1994
Sold by
Gavas George E
Bought by
Reynolds William
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
7.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bauer Coriann | $161,500 | Citywide Title | |
| Davis Samuel | $123,000 | None Listed On Document | |
| Peterson Scott | $29,000 | Attorneys Title Guaranty Fun | |
| Federal Home Loan Mortgage Corporation | -- | None Available | |
| Guerriero Renee M | $116,900 | Multiple | |
| Domagalski Jennifer M | $86,500 | Attorneys Title Guaranty Fun | |
| Waterson Joseph P | $58,000 | Republic Title Company | |
| National City Bank Michigan | -- | Wheatland Title | |
| Reynolds William | $72,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bauer Coriann | $120,000 | |
| Previous Owner | Davis Samuel | $92,175 | |
| Previous Owner | Guerriero Renee M | $105,200 | |
| Previous Owner | Domagalski Jennifer M | $84,800 | |
| Previous Owner | Domagalski Jennifer M | $83,900 | |
| Previous Owner | Waterson Joseph P | $15,000 | |
| Previous Owner | Waterson Joseph P | $56,250 | |
| Previous Owner | Reynolds William | $66,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $161,250 | -2.3% | $165 / Sq Ft |
| 03/11/2024 03/11/24 | Pending | -- | -- | -- |
| 03/06/2024 03/06/24 | Price Changed | $165,000 | 0.0% | $168 / Sq Ft |
| 03/06/2024 03/06/24 | For Sale | $165,000 | +2.3% | $168 / Sq Ft |
| 01/02/2024 01/02/24 | Off Market | $161,250 | -- | -- |
| 12/07/2023 12/07/23 | Pending | -- | -- | -- |
| 11/30/2023 11/30/23 | For Sale | $155,000 | 0.0% | $158 / Sq Ft |
| 10/17/2021 10/17/21 | Rented | -- | -- | -- |
| 10/01/2021 10/01/21 | For Rent | $1,500 | 0.0% | -- |
| 09/14/2021 09/14/21 | Sold | $122,900 | -5.4% | $119 / Sq Ft |
| 08/05/2021 08/05/21 | Pending | -- | -- | -- |
| 08/04/2021 08/04/21 | For Sale | $129,900 | 0.0% | $126 / Sq Ft |
| 07/29/2019 07/29/19 | Rented | $1,300 | 0.0% | -- |
| 07/23/2019 07/23/19 | For Rent | $1,300 | +2.0% | -- |
| 04/29/2018 04/29/18 | Rented | $1,275 | 0.0% | -- |
| 04/26/2018 04/26/18 | Under Contract | -- | -- | -- |
| 04/06/2018 04/06/18 | For Rent | $1,275 | 0.0% | -- |
| 02/14/2012 02/14/12 | Sold | $29,000 | -9.4% | -- |
| 01/15/2012 01/15/12 | Pending | -- | -- | -- |
| 01/06/2012 01/06/12 | Price Changed | $32,000 | 0.0% | -- |
| 01/06/2012 01/06/12 | For Sale | $32,000 | -19.8% | -- |
| 12/07/2011 12/07/11 | Pending | -- | -- | -- |
| 11/01/2011 11/01/11 | Price Changed | $39,900 | -20.0% | -- |
| 10/04/2011 10/04/11 | Price Changed | $49,900 | -3.9% | -- |
| 09/01/2011 09/01/11 | For Sale | $51,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,900 | $42,254 | $10,737 | $31,517 |
| 2023 | $2,743 | $37,791 | $9,603 | $28,188 |
| 2022 | $2,262 | $29,875 | $8,667 | $21,208 |
| 2021 | $2,688 | $27,832 | $8,074 | $19,758 |
| 2020 | $2,626 | $26,847 | $7,788 | $19,059 |
| 2019 | $2,565 | $25,696 | $7,454 | $18,242 |
| 2018 | $1,969 | $19,333 | $6,886 | $12,447 |
| 2017 | $1,966 | $18,213 | $6,487 | $11,726 |
| 2016 | $1,926 | $17,082 | $6,084 | $10,998 |
| 2013 | -- | $11,332 | $5,676 | $5,656 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Davis
-
George Carlson
Buyer's Agent in 2024
George Carlson
Conversion Specialists, Inc
(847) 721-6956
1 in this area
89 Total Sales
-
Jason Rosenberg
Seller's Agent in 2021
Jason Rosenberg
Infiniti Properties, Inc.
(917) 993-3453
4 in this area
191 Total Sales
-
K
Seller's Agent in 2019
Kathy Gaare
Coldwell Banker Real Estate Group
-
William Versgrove
Seller Co-Listing Agent in 2019
William Versgrove
Keller Williams Inspire
(847) 436-8758
4 in this area
59 Total Sales
-
Rick O'Connor
Buyer's Agent in 2019
Rick O'Connor
Realty Executives
(815) 788-9000
42 in this area
308 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11924781
APN: 19-08-253-127
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