$400,000
SOLD JAN 23, 2025

6 Falcon Lakes Dr South Barrington, IL 60010

1.32 Acres
$303,030 Price per Acre
57,499 Sq Ft Lot

Recently Sold

20% Below List Price

1,631 Days on Market

About This Lot

As of January 2025

HIGHLY SOUGHT AFTER PREMIUM LOT IN PRESTIGIOUS FALCON LAKES SUBDIVISION. BUILD YOUR DREAM HOUSE . NO SIGN ON THE PROPERTY. Please note the property has a $3,000.00 Yearly Association fee.

Last Agent to Sell the Property

Arshad Ali

Arshad Ali License #471013091 Listed on: 07/02/2020

Last Buyer's Agent

Helene Ventrella

Compass License #475184498

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,548

Lot Details

  • 1.32 Acre Lot
  • Lot Dimensions are 268x207x256x277
  • Property fronts a private road

Community Details

  • Falcon Lakes Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,548

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple w/ HO Assn.
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Falcon Lakes
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 277
  • Frontage Type: Private Road
  • List Price: 429000
  • Waterfront: No

Utilities

  • Utilities: Unknown (verify)

Schools

  • Middle/Junior School District: 220

Lot Info

  • Lot Size Acres: 1.32
  • Lot Dimensions: 268X207X256X277
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2548.37
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Jan 23, 2025
Sold by
Ali Ashraf
Bought by
Demarco Mario and Demarco Consiglia
Seller's Agent
Arshad Ali
Arshad Ali
Buyer's Agent
Helene Ventrella
Compass
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Views
9
Current Estimated Value
$410,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,838
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
May 6, 2011
Sold by
Falcon Lakes Homeowners Association
Bought by
Patel Nilesh and Patel Sonal

Purchase Details

Closed on
Jun 29, 2005
Sold by
Polo Builders Inc
Bought by
Ali Ashraf

Purchase Details

Closed on
Jan 11, 2002
Sold by
Woodland Partnership
Bought by
Polo Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.75%

Purchase Details

Closed on
Dec 22, 1999
Sold by
Midwest Trust Services Inc
Bought by
Woodland Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
9%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Quit Claim Deed -- None Available
Sheriffs Deed -- --
Warranty Deed $300,000 Chicago Title Insurance Co
Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $858,000 Unknown
Previous Owner $680,000 No Value Available
Previous Owner $420,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $400,000 -6.8% --
12/19/2024 12/19/24 Pending -- -- --
12/07/2023 12/07/23 Price Changed $429,000 -6.5% --
10/24/2022 10/24/22 Price Changed $459,000 -2.1% --
10/24/2022 10/24/22 Price Changed $469,000 -6.0% --
01/09/2021 01/09/21 For Sale $499,000 +24.8% --
12/31/2020 12/31/20 Off Market $400,000 -- --
07/02/2020 07/02/20 For Sale $499,000 -- --
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 $2,621 $11,566 $11,566 --
2023 $2,548 $11,566 $11,566 --
2022 $2,548 $11,566 $11,566 $0
2021 $2,877 $11,566 $11,566 $0
2020 $2,786 $11,566 $11,566 $0
2019 $2,448 $11,566 $11,566 $0
2018 $2,204 $10,120 $10,120 $0
2017 $2,145 $10,120 $10,120 $0
2016 $2,022 $10,120 $10,120 $0
2015 $1,874 $8,674 $8,674 $0
2014 $1,863 $8,674 $8,674 $0
2013 -- $8,674 $8,674 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10768016

Midwest Real Estate Data (MRED)

APN: 01-26-209-003-0000