NOT LISTED FOR SALE

86 Elmwood Ln Lincolnshire, IL 60069

Estimated Value: $759,000 - $892,000

5 Beds
2.5 Baths
3,878 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $605,000 $156 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,045/month

7 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Mature Trees
  • Laura B. Sprague School Rated A-
  • Landscaped Professionally
  • Deck

About This Home

As of May 2022

Expanded colonial over 3500 sq ft, premium cul de sac location, 5 upstairs bedrooms, 2.5 Baths with full finished basement. Hardwood floors, crown molding, recessed lighting & decorator fixtures. Large Living room with crown molding, decorator fireplace & bright front window, Dining room with hardwood floors & crown molding, Stunning gourmet kitchen with custom white cabinets, stainless steel appliances, designer granite counter & Breakfast bar open to separate eating area addition with heart pine floor & sliders to expansive deck and private wooded backyard. Family room with hardwood floors, skylight, vaulted ceiling & patio door to deck. Updated powder room & 1st floor laundry & walk in coat closet. Spacious primary bedroom with hardwood floors, large walk in closet, luxury private bath with marble, whirlpool tub and separate glass block shower & recessed lighting. 4 family bedrooms with abundant storage, walk ins & full hall bath with marble floor &large vanity, ceramic tile tub shower surround. Large Full finished basement with rec room, play room, etc. 2+ car garage. Close to top dist 103 elementary schools & dist 125 Stevenson High School. Nearly 1/2 acre lot. Great quiet cul de sac location.

Last Agent to Sell the Property

Julianne Spilotro

Coldwell Banker Realty License #475135186 Listed on: 04/02/2022

Coldwell Banker Realty

Last Buyer's Agent

Winfield Cohen

Keller Williams Success Realty License #475124153

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,265

Year Built

  • Built in 1968

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 74 x 203 x 141 x 195
  • Cul-De-Sac
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,878 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Historic or Period Millwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near a park

Schools

  • Laura B Sprague Elementary School
  • Daniel Wright Junior High School
  • Adlai E Stevenson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Custom

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,265

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Open Floorplan, Special Millwork, Some Wood Floors, Drapes/Blinds, Granite Counters, Separate Dining Room
  • LivingArea: 3878
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Breakfast Room, Bedroom 5, Recreation Room, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2864
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 599000
  • Lot Features: Cul-De-Sac, Landscaped, Wooded, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • 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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Laura B Sprague School
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Daniel Wright Junior High School
  • Middle/Junior School District: 103
  • Elementary School #2: Half Day School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.44
  • Lot Dimensions: 74 X 203 X 141 X 195
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 16264.84
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2022
Closed on
May 9, 2022
Sold by
Kraus Chick Sharon and Kraus Giles D
Bought by
Alley Eric and Alley Allison
Seller's Agent
Julianne Spilotro
Coldwell Banker Realty
Buyer's Agent
Winfield Cohen
Keller Williams Success Realty
List Price
$659,000
Sold Price
$605,000
Premium/Discount to List
-$54,000
-8.19%
Current Estimated Value
$818,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,478
Avg. Annual Appreciation
9.59%
Original Mortgage
$484,000
Outstanding Balance
$463,052
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$347,888

Purchase Details

Closed on
Jan 16, 2003
Sold by
Okmin Michael and Okmin Carolyn
Bought by
Chick Sharon Kraus and Chick Giles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.86%

Purchase Details

Closed on
Apr 7, 1994
Sold by
Mayer John P and Mayer Deborah E
Bought by
Okmin Michael and Okmin Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
6.5%
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
Alley Eric $605,000 New Title Company Name
Chick Sharon Kraus $567,000 --
Okmin Michael $198,666 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alley Eric $31,900
Open Alley Eric $484,000
Previous Owner Chick Sharon Kraus $274,936
Previous Owner Chick Giles D $320,000
Previous Owner Chick Giles D $250,000
Previous Owner Chick Giles D $211,000
Previous Owner Chick Giles $225,000
Previous Owner Chick Sharon Kraus $225,000
Previous Owner Okmin Michael $227,150
Previous Owner Okmin Michael $238,400
Closed Chick Sharon Kraus $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $605,000 +1.0% $156 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/08/2022 04/08/22 Price Changed $599,000 -6.3% $154 / Sq Ft
04/03/2022 04/03/22 Price Changed $639,000 -3.0% $165 / Sq Ft
04/02/2022 04/02/22 For Sale $659,000 -- $170 / 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 $19,035 $233,322 $81,878 $151,444
2023 $17,334 $213,745 $75,008 $138,737
2022 $17,334 $197,143 $69,182 $127,961
2021 $16,668 $195,017 $68,436 $126,581
2020 $16,255 $195,682 $68,669 $127,013
2019 $15,774 $194,961 $68,416 $126,545
2018 $16,328 $207,132 $74,372 $132,760
2017 $16,094 $202,297 $72,636 $129,661
2016 $15,450 $193,716 $69,555 $124,161
2015 $15,140 $181,161 $65,047 $116,114
2014 $14,754 $176,863 $69,859 $107,004
2012 $14,584 $177,217 $69,999 $107,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11354339

Midwest Real Estate Data (MRED)

APN: 15-14-403-040