NOT LISTED FOR SALE

985 Lexington Ln Unit 3 Island Lake, IL 60042

West Island Lake Neighborhood

Estimated Value: $285,000 - $321,720

3 Beds
4 Baths
1,478 Sq Ft
$205/Sq Ft Est. Value

About This Home

This home is located at 985 Lexington Ln Unit 3, Island Lake, IL 60042 and is currently estimated at $303,680, approximately $205 per square foot. 985 Lexington Ln Unit 3 is a home located in McHenry County with nearby schools including Cotton Creek School, Matthews Middle School, and Wauconda High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Krieter Jodi Karen
Bought by
Krieter Justin and Krieter Kyle
Current Estimated Value
$303,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$239,778
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$63,902

Purchase Details

Closed on
Jan 29, 2025
Sold by
Krieter Ray Arthur and Krieter Jodi Karen
Bought by
Krieter Jodi Karen

Purchase Details

Closed on
Sep 25, 1998
Sold by
Butz Marie
Bought by
Krieter Raymond A and Krieter Jodi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,208
Interest Rate
7.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Krieter Justin $300,000 None Listed On Document
Krieter Jodi Karen -- None Listed On Document
Krieter Raymond A $132,000 Plm Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krieter Justin $240,000
Previous Owner Krieter Raymond A $128,208
Source: Public Records

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 $6,135 $85,751 $17,884 $67,867
2023 $5,867 $76,900 $16,038 $60,862
2022 $5,893 $65,152 $12,210 $52,942
2021 $5,691 $61,084 $11,448 $49,636
2020 $5,389 $59,253 $11,105 $48,148
2019 $5,313 $56,335 $10,558 $45,777
2018 $5,046 $53,355 $9,917 $43,438
2017 $4,891 $51,116 $9,501 $41,615
2016 $4,760 $48,770 $9,065 $39,705
2013 -- $38,137 $8,627 $29,510
Source: Public Records

Map

Illinois McHenry County Island Lake 60042 West Island Lake

985 Lexington Ln Unit 3, Island Lake, IL

This home is located at 985 Lexington Ln Unit 3, Island Lake, IL 60042 and is currently estimated at $303,680, approximately $205 per square foot. 985 Lexington Ln Unit 3 is a home located in McHenry County with nearby schools including Cotton Creek School, Matthews Middle School, and Wauconda High School.

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