NOT LISTED FOR SALE

1340 Derby Ln Unit 201 Mundelein, IL 60060

Estimated Value: $362,000 - $381,000

2 Beds
2.5 Baths
1,900 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $350,000 $184 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,719/month

1 Day on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Formal Dining Room
  • Hawthorn Elementary School South Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of May 2023

This is a rare find! HUGE duplex; NO HOA! Award winning Hawthorne Schools! Close To Everything. Abbey model with 2-story vaulted living room with cozy fireplace, and upstairs remodeled laundry room with LG front loading washer and Dryer. Beautiful Upgraded Kitchen with new stainless steel stove, microwave, and Refrigerator, Granite counters. Master suite with walk-in closet. Upgraded Master bath. Full Finished Basement. Private backyard, Large Deck upgraded with composite wood. 2 Car Garage with EV charging option. NO HOA Fees! Very close to Metra, shopping, restaurants, entertainment and easy access to local commuter ways.

Last Listed By

raj potluri

Keller Williams Infinity License #475193613 Listed on: 03/31/2023

Keller Williams Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,667

Year Built

  • Built in 1995

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33x111

Parking

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

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Lakewood Village Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,667

Year Built

Built in 1995

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: Lakewood Village
  • Year Built: 1995
  • 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

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Finished Sq Ft: 508
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Second Floor Laundry
  • LivingArea: 1900
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 508
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 671
  • Fireplace Location: Living Room
  • Total Sq Ft: 671
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 344990
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 73

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 33X111
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 7666.62
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 17, 2023
Sold by
Kodeboyana Surya Kiran
Bought by
Rebot Michelle and Rebot Allen
Seller's Agent
raj potluri
Keller Williams Infinity
Buyer's Agent
Lynn Kosner
Baird & Warner
List Price
$344,990
Sold Price
$350,000
Premium/Discount to List
$5,010
1.45%
Total Days on Market
1
Views
41
Current Estimated Value
$369,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,818
Avg. Annual Appreciation
2.91%
Original Mortgage
$280,000
Outstanding Balance
$273,818
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$96,000

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 7, 2018
Sold by
Dubin Susan L
Bought by
Kodeboyana Surya Kiran
Seller's Agent
Edward Bohrer
Edward Bohrer
Buyer's Agent
Sairavi Suribhotla
Keller Williams Infinity
List Price
$264,900
Sold Price
$255,000
Premium/Discount to List
-$9,900
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$237,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2015
Sold by
Dubin Susan L
Bought by
Susan L Dubin Living Trust

Purchase Details

Closed on
Nov 29, 2005
Sold by
Alvia Alvin S and Alvia Joy R
Bought by
Dubin Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 1999
Sold by
Tymm Jeffrey M and Tymm Amy B
Bought by
Alvia Alvin S and Day Joy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1996
Sold by
Tymm Jeffrey M and Phillips Amy B
Bought by
Tymm Jeffrey M and Tymm Amy B

Purchase Details

Closed on
Jul 14, 1995
Sold by
Lakewood Village Ltd Partnership
Bought by
Tymm Jeffrey M and Phillips Amy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,800
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

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
Rebot Michelle $350,000 Citywide Title
Kodeboyana Surya Kiran $255,000 Chicago Title
Susan L Dubin Living Trust -- None Available
Dubin Susan L $260,000 Ticor Title Insurance Co
Alvia Alvin S $152,000 --
Tymm Jeffrey M -- --
Tymm Jeffrey M $149,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rebot Michelle $280,000
Previous Owner Kodeboyana Surya Kiran $230,400
Previous Owner Kodeboyana Surya Kiran $235,000
Previous Owner Kodeboyana Surya Kiran $239,830
Previous Owner Kodeboyana Surya Kiran $237,500
Previous Owner Dubin Susan $95,000
Previous Owner Dubin Susan L $79,500
Previous Owner Dubin Susan $25,000
Previous Owner Dubin Susan L $60,000
Previous Owner Alvia Alvin S $96,000
Previous Owner Alvia Alvin S $10,000
Previous Owner Alvia Alvin S $121,600
Previous Owner Tymm Jeffrey M $141,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $350,000 +1.5% $184 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $344,990 +35.3% $182 / Sq Ft
05/07/2018 05/07/18 Sold $255,000 -3.7% $194 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $264,900 -- $202 / 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
2023 $7,861 $98,388 $33,440 $64,948
2022 $7,861 $85,222 $28,965 $56,257
2021 $7,667 $84,303 $28,653 $55,650
2020 $7,693 $84,591 $28,751 $55,840
2019 $7,623 $84,279 $28,645 $55,634
2018 $5,606 $82,867 $27,809 $55,058
2017 $5,624 $80,933 $27,160 $53,773
2016 $5,719 $77,500 $26,008 $51,492
2015 $5,965 $72,477 $24,322 $48,155
2014 $5,626 $65,242 $26,121 $39,121
2012 $5,535 $65,372 $26,173 $39,199
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11749261

Midwest Real Estate Data (MRED)

APN: 15-05-103-062