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  • $1,231,100

    505 W Lancaster Ct, Inverness, IL 60010

    5beds
    5,035sqft
    SingleFamily
    Built in 1988
    1.2 Acres Lot
    $1,231,100 Zestimate®
    $245/sqft
    $7,547 Estimated rent

    Home value

    $1,231,100

    $1.12M - $1.37M

    $7,547/mo

    Zestimate® history
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    $7,246/mo

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    What's special

    Located in the highly sought after Glencrest subdivision of Inverness, this spacious estate style home is situated on 1.2 acres of tranquil, private land and offers over 5K sq feet of living space and has recently undergone a total top to bottom renovation, nothing was missed on this property and it shows! This is home is the equivalent of purchasing a new construction for a fraction of the cost, the home offers new hardwood floors throughout the main level, brand new higher end carpet in all bedrooms, updated bathrooms with spa like finishes. The family room is majestic with its floor to ceiling windows along with two story fireplace which is truly the centerpiece of the room. Off of the family room you will find the modern, updated Chefs kitchen with higher end finishes. The kitchen offers brand new cabinets, quartz counters, SS appliances, gorgeous pendant lighting, the kitchen is stunning! This estate also features a first floor laundry room, finished basement, large deck which overlooks the tranquil setting for those summer night cookouts! There was nothing missed on this renovation and the pickiest buyer will be amazed at the quality of work, finishes and overall layout of this home!* To help visualize this home's floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,035 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco, Brick
    Lot
    • Size: 1.2 Acres
    Details
    • Parcel number: 0207303009

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1988

    Utilities & green energy

    • Sewer: Septic-Private

    Community & HOA

    Location
    • Region: Inverness

    Financial & listing details

    • Price per square foot: $245/sqft
    • Tax assessed value: $660,000

    Price history

    DateEventPrice
    12/9/2020Sold$630,000-3.1%$125/sqft
    Source: MRED as distributed by MLS GRID #10673154 Report a problem
    11/17/2020Pending sale$649,900$129/sqft
    Source: Re/Max Properties #10673154 Report a problem
    11/10/2020Price change$649,900-5.8%$129/sqft
    Source: Re/Max Properties #10673154 Report a problem
    10/2/2020Price change$689,900-1.4%$137/sqft
    Source: Re/Max Properties #10673154 Report a problem
    9/4/2020Price change$699,900-6.7%$139/sqft
    Source: Re/Max Properties #10673154 Report a problem
    8/10/2020Price change$749,900-2.6%$149/sqft
    Source: Re/Max Properties #10673154 Report a problem
    7/16/2020Price change$769,900-0.6%$153/sqft
    Source: Re/Max Properties #10673154 Report a problem
    6/19/2020Price change$774,900-6.1%$154/sqft
    Source: Re/Max Properties #10673154 Report a problem
    5/21/2020Price change$824,900-2.9%$164/sqft
    Source: Re/Max Properties #10673154 Report a problem
    3/20/2020Listed for sale$849,900+54.6%$169/sqft
    Source: Re/Max Properties #10673154 Report a problem
    11/1/2019Listing removed$549,900$109/sqft
    Source: Re/Max Properties #10418145 Report a problem
    8/9/2019Price change$549,900-4.4%$109/sqft
    Source: Re/Max Properties #10418145 Report a problem
    8/5/2019Listed for sale$575,000$114/sqft
    Source: Re/Max Properties #10418145 Report a problem
    7/26/2019Pending sale$575,000$114/sqft
    Source: Re/Max Properties #10418145 Report a problem
    6/15/2019Price change$575,000-8%$114/sqft
    Source: Re/Max Properties #10418145 Report a problem
    5/17/2019Listed for sale$624,900-10.6%$124/sqft
    Source: Amber Realty Inc. #10384238 Report a problem
    10/1/2018Listing removed$699,000$139/sqft
    Source: Coldwell Banker Residential Brokerage - Oak Brook #09724161 Report a problem
    7/3/2018Price change$699,000+14.6%$139/sqft
    Source: Coldwell Banker Residential Brokerage - Oak Brook #09724161 Report a problem
    6/11/2018Price change$610,000-12.7%$121/sqft
    Source: Coldwell Banker Residential Brokerage - Oak Brook #09724161 Report a problem
    4/17/2018Pending sale$699,000$139/sqft
    Source: Coldwell Banker Residential Brokerage - Oak Brook #09724161 Report a problem
    12/9/2017Price change$699,000+16.7%$139/sqft
    Source: Coldwell Banker Residential Brokerage - Oakbrook #09724161 Report a problem
    9/19/2017Pending sale$599,000$119/sqft
    Source: Coldwell Banker Residential Brokerage - Oakbrook #09724161 Report a problem
    8/17/2017Listed for sale$599,000$119/sqft
    Source: Coldwell Banker Residential #09724161 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $66,000 +0%
    2023$15,530 +2%$65,999
    2022$15,222 -19.5%$65,999 -8.6%
    2021$18,898 -10.7%$72,242 -12.9%
    2020$21,153 +2.9%$82,976 -9.4%
    2019$20,550 -5.9%$91,586 -2.1%
    2018$21,827 +2.8%$93,538
    2017$21,234 +5%$93,538
    2016$20,220 +10.4%$93,538 +18.2%
    2015$18,320 +1.3%$79,125
    2014$18,081 +4.7%$79,125
    2013$17,262 -5.4%$79,125 -11%
    2012$18,248 +4.8%$88,941
    2011$17,411 +6.8%$88,941
    2010$16,298 +21.4%$88,941 -4.5%
    2009$13,422 +7.1%$93,104 -5%
    2008$12,528 -6.6%$98,005
    2007$13,416 +10.7%$98,005 +25.6%
    2006$12,118 +13.3%$78,015
    2005$10,700 +5.2%$78,015
    2004$10,169 -4.5%$78,015 +12.5%
    2003$10,646 +5%$69,338
    2002$10,135 +7.1%$69,338
    2001$9,460 +0.8%$69,338 +7.6%
    2000$9,387 +7.8%$64,417
    1999$8,710 $64,417
    Find assessor info on the county website

    Neighborhood: 60010

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,231,100
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    Estimated market value
    $1,231,100