NOT LISTED FOR SALE

5940 Highland Ln Village of Lakewood, IL 60014

Estimated Value: $580,000 - $702,000

4 Beds
5 Baths
3,836 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 01, 2013

Last sale price $435,000 $113 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,768/month

81 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Outdoor Fireplace
  • West Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of April 2013

STUNNING CUSTOM 2 STORY IN BEAUTIFUL BRIGHTON OAKS WITH BRAZILIAN CHERRY WOOD FLOORS ON ENTIRE MAIN FLOOR. HIGH END CHERRY KITCHEN CABINETS WITH GRANITE COUNTER TOPS. PHENOMINAL OPEN FLOOR PLAN IS PERFECT FOR FAMILY TIME & ENTERTAINING. MAIN FLR DEN IDEAL FOR AT HOME OFFICE OR INLAW W/ADJACENT FULL BATH. LARGE MASTER SUITE W/LUXURY BATH & WALKIN CLOSET W/MAKE UP COUNTER IS TO DIE FOR. BDRMS ALL HAVE BATH ROOM!!!

Last Agent to Sell the Property

Rick O'Connor

Realty Executives Cornerstone License #471008196 Listed on: 12/14/2012

Realty Executives Cornerstone

Co-Listed By

Larry Lang

Realty Executives Cornerstone License #475115163

Last Buyer's Agent

Marilyn Little

Berkshire Hathaway HomeServices Starck Real Estate License #471002831

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $13,883

Year Built

  • 2005

Lot Details

  • Landscaped Professionally
  • Irregular Lot

HOA Fees

  • $13 per month

Parking

  • Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Dining Room
  • Den
  • Loft
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

  • Deck
  • Brick Porch or Patio
  • Outdoor Fireplace

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • $13,050 Seller Concession

Property Details

Home Type

Other

Est. Annual Taxes

$13,883

Year Built

2005

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Architectural Style: Traditional
  • Type Detached: 2 Stories
  • Special Features: 20
  • Year Built: 2005

Interior Features

  • Fireplaces: 2
  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Equipment: TV-Cable, CO Detectors, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Pull Down Stair
  • Fireplace Location: Family Room, Basement
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X16
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 17X13
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 14X13
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 13X12
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 16X12
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 16X12
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 24X17
  • Family Room Flooring: Hardwood
  • Family Room Window Treatments: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Walk-in
  • Kitchen Level: Main Level
  • Kitchen Size: 20X14
  • Kitchen Flooring: Hardwood
  • Laundry Level: Main Level
  • Laundry Size: 09X07
  • Laundry Flooring: Ceramic Tile
  • Additional Rooms: Den, Loft
  • Additional Room 1 Name: Den
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 17X13
  • Additional Room 1 Flooring: Hardwood
  • Additional Room 2 Name: Loft
  • Additional Room 2 Level: 2nd Level
  • Additional Room 2 Size: 12X10
  • Additional Room 2 Flooring: Carpet

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Cedar
  • Exterior Property Features: Deck, Brick Paver Patio, Storms/Screens, Outdoor Fireplace

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt

Utilities

  • Cooling: Central Air, Zoned
  • Electricity: Circuit Breakers, 200+ Amp Service
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Zoned

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 150
  • Assessment Includes: Common Insurance

Fee Information

  • Management Company: BRIGHTON OAKS ASSOCIATION

Schools

  • Elementary School: WEST ELEMENTARY SCHOOL
  • Middle School: RICHARD F BERNOTAS MIDDLE SCHOOL
  • High School: CRYSTAL LAKE CENTRAL HIGH SCHOOL
  • Junior High Dist: 47

Lot Info

  • Lot Dimensions: 134 X 205 X 125 X 160
  • Lot Description: Irregular, Landscaped Professionally

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Mar 7, 2013
Sold by
Wilmington Trust Na
Bought by
Chan Christopher K and Chan Erin K
Seller's Agent
Rick O'Connor
Realty Executives Cornerstone
Buyer's Agent
Marilyn Little
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$430,000
Sold Price
$435,000
Premium/Discount to List
$5,000
1.16%
Current Estimated Value
$665,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,700
Avg. Annual Appreciation
3.45%
Original Mortgage
$413,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2012
Sold by
Bartell Joseph
Bought by
Citibank Na

Purchase Details

Closed on
Jan 31, 2006
Sold by
Mandalay Custom Homes Inc
Bought by
Bartell Joseph and Bartell Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,200
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2005
Sold by
Fredrick Todd J
Bought by
Mandalay Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 16, 2004
Sold by
Wheatfield Homes Llc
Bought by
Fredrick Todd J
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
Chan Christopher K $435,000 Premier Title
Citibank Na -- None Available
Bartell Joseph $639,000 Chicago Title Insurance Co
Mandalay Custom Homes Inc -- Chicago Title Insurance Comp
Fredrick Todd J $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Christopher K $388,000
Closed Chan Christopher K $413,250
Previous Owner Bartell Joseph $511,200
Previous Owner Mandalay Custom Homes Inc $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2013 04/01/13 Sold $435,000 +8.8% $113 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
02/16/2013 02/16/13 Price Changed $399,900 -2.1% $104 / Sq Ft
01/19/2013 01/19/13 Price Changed $408,500 -5.0% $106 / Sq Ft
12/14/2012 12/14/12 For Sale $430,000 -- $112 / 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 $13,883 $177,863 $21,890 $155,973
2023 $14,139 $167,523 $19,796 $147,727
2022 $13,849 $158,267 $17,568 $140,699
2021 $13,118 $147,872 $16,414 $131,458
2020 $12,676 $140,510 $15,597 $124,913
2019 $13,324 $145,000 $16,095 $128,905
2018 $16,753 $177,587 $18,358 $159,229
2017 $16,604 $167,141 $17,278 $149,863
2016 $16,276 $154,760 $15,998 $138,762
2013 -- $138,324 $14,870 $123,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08235810

Midwest Real Estate Data (MRED)

APN: 13-35-351-012