NOT LISTED FOR SALE

87 Cambridge Dr Grayslake, IL 60030

Estimated Value: $465,000 - $529,000

4 Beds
3.5 Baths
2,384 Sq Ft
$207/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $460,000 $193 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,596/month

1 Day on Market

Highlights

  • Property is near a forest
  • Property is adjacent to nature preserve
  • Home Office
  • Woodland Elementary School Rated A-
  • Recreation Room
  • 2 Car Attached Garage

About This Home

As of May 2024

Wonderful One Owner Home on a College Trail Premium Lot ! 4 Generous Bedrooms 3.5 Bath. Primary Bedroom with Walk in Closet and Bathroom with Double Sinks, Tub and Shower. Newer Hardwood Floors throughout much of Main Floor and Basement. Main Floor flows nicely with Large Eat in Kitchen, Family Room w/ Fireplace, Comfortable Living Room and Dining Room. Access off Kitchen leading to Private Backyard w/ Paver Brick Patio Overlooking Forest Preserve Open Space. Full Finished Basement with Rec Room, Office/Additional Bedroom and a Full Bath. Pool Table, Dart Board, Basement Frig, Movie Screen and Projector all Included. Really Has it All !!

Last Agent to Sell the Property

Tom Healy

Carr Realty, Inc License #471013949 Listed on: 04/05/2024

Last Buyer's Agent

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,968

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Property is adjacent to nature preserve

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • 2,384 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Home Office
  • Recreation Room
  • Storage Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Location

  • Property is near a forest

Schools

  • Woodland Primary Elementary School
  • Woodland Jr High Middle School
  • Grayslake Central High School

Utilities

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

Community Details

  • College Trail Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,968

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: College Trail
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1000
  • Fireplaces: 1
  • LivingArea: 2384
  • Room Type: Recreation Room, Office, Storage, Foyer
  • Estimated Total Finished Sq Ft: 3384
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2384
  • Basement Sq Ft: 1186
  • Fireplace Location: Family Room
  • Total Sq Ft: 3570
  • Unfinished Basement Sq Ft: 186
  • Upper Level Sq Ft: 1198
  • Main Level Sq Ft: 1186
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 449000
  • Lot Features: Forest Preserve Adjacent, Nature Preserve Adjacent
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Woodland Primary School
  • High School: Grayslake Central High School
  • Middle/Junior School: Woodland Jr High School
  • Middle/Junior School District: 50

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 10354
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10968
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 10, 2024
Sold by
Margaret E Bethke Trust and Bethke Margaret E
Bought by
Arthur Kevin and Arthur Laura
Seller's Agent
Tom Healy
Carr Realty, Inc
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%
Views
50
Current Estimated Value
$493,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,450
Avg. Annual Appreciation
4.93%
Original Mortgage
$414,000
Outstanding Balance
$407,913
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$85,537

Purchase Details

Closed on
Jun 29, 2001
Sold by
Bethke Paul and Bethke Margaret
Bought by
Bethke Margaret E and Margaret E Bethke Trust

Purchase Details

Closed on
Nov 16, 1993
Sold by
Northern Tr Bank Lake Forest Natl Assn
Bought by
Bethke Paul and Bethke Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.26%
Source: Public Records

Range of Values:

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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
Arthur Kevin $460,000 None Listed On Document
Bethke Margaret E -- --
Bethke Paul $151,666 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arthur Kevin $414,000
Previous Owner Bethke Paul $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $460,000 +2.4% $193 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $449,000 -- $188 / 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 $12,101 $126,261 $25,465 $100,796
2023 $10,968 $115,878 $23,371 $92,507
2022 $10,968 $103,425 $16,875 $86,550
2021 $10,804 $99,409 $16,220 $83,189
2020 $11,998 $104,848 $15,433 $89,415
2019 $11,556 $100,593 $14,807 $85,786
2018 $12,006 $105,399 $18,121 $87,278
2017 $11,892 $99,143 $17,045 $82,098
2016 $11,418 $91,519 $15,734 $75,785
2015 $10,975 $83,609 $14,374 $69,235
2014 $10,412 $78,070 $13,583 $64,487
2012 $10,341 $81,535 $14,186 $67,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12021523

Midwest Real Estate Data (MRED)

APN: 06-25-317-035