Off Market7561d on market

316 Somerset Ln

Vernon Hills, IL, 60061 • 60061 • Lake County

$229,000

$226/sqft

1.5Baths

1,012Sqft

1975Built

Market activity

Demand and pricing signals for this listing

1 views

People checking out this listing

7561 days on market

Established listing

$226/sqft

Price per square foot

About this home

Condo · Built 1975

This is a 1012 square foot, 1.5 bathroom, condo home. This home is located at 316 Somerset Ln, Vernon Hills, IL 60061.

Estimated monthly payment

Based on current rates

$1,786/month

Principal & Interest$1,191

Property Tax$229

Insurance$76

HOA$290

Down payment20% ($45,800)

3%50%

Est. 6.77% rate · 30yr fixed · $183,200 loan

Full calculator →

At a glance

Key facts and listing details

TypeCondo

Year Built1975

CoolingCentral

Parking1 Parking space

HOA$290 monthly

Property

Home typeCondo

Year built1975

Systems

CoolingCentral

Parking & Outdoor

ParkingGarage - Detached

Location & Tax

Neighborhood60061

Annual tax$3,839

Parcel1505301027

Bathrooms & Fees

HOA$290/mo

Features & details

2 categories of property features

Interior Features

Cooling

Central

Exterior Features

Parking

Garage - Detached

Listing insights

Market data and value estimates

StatusOff Market

Days on market7561

Est. value$229,000

Est. rent$1,996/mo

Tax rate2.60%

Price/sqft$226

Last sold$138,000

Tour days6

How are the schools in Vernon Hills?

3 schools rated nearby

Hawthorn Elementary School South

Elementary • Public • 1-5

0.2 mi

Hawthorn Middle School South

Middle • Public • 6-8

0.3 mi

Vernon Hills High School

High • Public • 9-12

1.4 mi

Location

Vernon Hills, IL, 60061

Expand map

Price history

3 events

DateEventPrice$/sqftSource

Jul 27, 2005Sold$138,000$136Public Record

Dec 27, 2004Sold$108,500$107Public Record

Jul 6, 1995Sold$72,000$71Public Record

Sold$138,000

Jul 27, 2005•$136/sqft•Public Record

Sold$108,500

Dec 27, 2004•$107/sqft•Public Record

Sold$72,000

Jul 6, 1995•$71/sqft•Public Record

Tax history

22 years of records

YearTax paidAssessed value

Apr 10, 2023$3,839$52,023

Apr 10, 2022$3,624$49,088

Apr 10, 2021$3,504$44,860

Apr 10, 2020$3,441$44,528

Apr 10, 2019$3,379$44,364

Apr 10, 2018$2,544$35,699

Apr 10, 2017$2,544$34,866

Apr 10, 2016$2,386$33,387

Apr 10, 2015$2,405$31,223

Apr 10, 2014$2,423$31,181

Apr 10, 2012$2,388$31,243

Apr 10, 2011$2,385$34,692

Apr 10, 2010$3,238$47,702

Apr 10, 2009$3,121$50,345

Apr 10, 2008$2,990$48,180

Apr 10, 2006$2,878$47,714

Apr 10, 2005$2,642—

Apr 10, 2004$2,476—

Apr 10, 2003$2,433—

Apr 10, 2002$2,273—

Apr 10, 2001$2,072$30,004

Apr 10, 2000$1,892$27,603

Nearby homes

Off Market

$214,700

1 ba864 sqft

312 Somerset Ln, Vernon Hills, IL

Off Market

$233,700

2 bd1.5 ba1,012 sqft

314 Somerset Ln, Vernon Hills, IL

Off Market

$221,800

1 ba1,034 sqft

318 Somerset Ln, Vernon Hills, IL

Off Market

$211,900

2 bd1 ba900 sqft

308 Somerset Ln, Vernon Hills, IL

Recently Sold

$210,000

2 bd2 ba1,012 sqft

306 Somerset Ln, Vernon Hills, IL

Off Market

$226,100

1.5 ba1,012 sqft

304 Somerset Ln, Vernon Hills, IL

Recently Sold

$221,000

1 ba1,034 sqft

302 Somerset Ln, Vernon Hills, IL

Off Market

$211,800

2 bd1 ba864 sqft

328 Somerset Ln, Vernon Hills, IL

Neighborhood details

Local context around this listing

Vernon Hills, IL • Lake County

Nearby cities

AntiochBuffalo GroveGurneeHighland ParkLibertyvilleMundeleinRound Lake BeachVernon Hills

Nearby zip codes

60061

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Value estimates

Live

Est. value$229,000

Est. rent$1,996/mo

30yr rate est.6.77%

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