NOT LISTED FOR SALE

1-97 Farragut Ln Lanark, IL 61046

Estimated Value: $603,000 - $767,000

3 Beds
3 Baths
3,295 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $435,000 $132 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,020/month

138 Days on Market

Highlights

  • Waterfront
  • Deck
  • Porch
  • Eastland Elementary School Rated A-
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of October 2016

PRICE REDUCTION! WELCOME TO YOUR NEW LAKE CARROLL HOME! Start enjoying your LAKE HOME now at this 3,295 sq. ft., custom built, waterfront home which is one-of-a-kind. Stone steps weave a path through numerous perennials and place you at the front door. Step into the foyer and be wowed by a wall of windows giving you breathtaking views of Lake Carroll. Between the southern exposure (all day sun), the edge of a no-wake zone and walking distance to the Clubhouse/golf course, this location could not be better. The main floor open concept allows for entertaining large groups with a Kitchen, Dining Area, Great Room, and 4-Season room, plus a Master Suite and Guest Room or a possible second Master Suite. Tiled floors with contrasting inlay in foyer, four-season room, bathroom and entrance to second bedroom are accented by beautiful carpeted areas. 18’ vaulted cedar ceiling, solid 6 panel doors and wood trim give this home the lake house feel everyone wants. For barbecuing and a tree house feeling, the upper deck is another great hang out spot. Want to wake up to a view of the lake? Then this Master Suite is one you will never want to leave. Suite includes a private bath, tray ceiling, a walk-in closet and endless lake views. Upon entering the lower level you are again greeted with another gorgeous view of the lake through a wall of sliding doors and enough space to host another large gathering. A large guest bedroom has more views of the lake. A second non-conforming bedroom has a smaller window and large closets. Tray ceiling in entertainment area is lighted, gas fireplace with stone front, utility room, a bonus room and a third full bath finish off the lower level. Step out onto the lower level deck and you are ready to take a little stroll down to the 82 feet of amazing waterfront. A paver brick patio at waters edge allows you to pull up a chair, put your feet up and enjoy the serenity and beauty Lake Carroll has to offer. Owner willing to make this a turn key home. Call today to see this beautiful home!

Last Agent to Sell the Property

Cynthia Griffin

Fawn Ridge Real Estate Co. License #475129416 Listed on: 04/22/2016

Last Buyer's Agent

Gary Shellhause

Fawn Ridge Real Estate Co. License #471003861

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,375

Year Built

  • Built in 1999

Lot Details

  • 0.31 Acre Lot
  • Waterfront

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,375

Year Built

Built in 1999

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Road Frontage: Hard Surface Road
  • Type: Water Front, Panorama
  • Electric: Circuit Breaker
  • Additional Room 6: Non-Conf.
  • Additional Room 7: 4-Seasons
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1651
  • Estimated Below Grade Finished Sq Ft: 1644
  • Front: 62
  • General Features: Deck, Laundry Basement, Porch 4 Season
  • Grid: Lake Carroll
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.31
  • Lvt Date: 04/22/2016
  • Rear: 82.63
  • Side 1: 178.74
  • Side 2: 188
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_542
  • Egress: Yes
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 3295
  • Garage Type Driveway: Gravel, None
  • Pertinent Facts: PRICE REDUCTION! WELCOME TO YOUR NEW LAKE CARROLL HOME! Start enjoying your LAKE HOME now at this 3,295 sq. ft., custom built, waterfront home which is one-of-a-kind. Stone steps weave a path through numerous perennials and place you at the front door. Step into the foyer and be wowed by a wall of windows giving you breathtaking views of Lake Carroll. Between the southern exposure (all day sun), the edge of a no-wake zone and walking distance to the Clubhouse/golf course, this location could not be better. The main floor open concept allows for entertaining large groups with a Kitchen, Dining Area, Great Room, and 4-Season room, plus a Master Suite and Guest Room or a possible second Master Suite. Tiled floors with contrasting inlay in foyer, four-season room, bathroom and entrance to second bedroom are accented by beautiful carpeted areas. 18’ vaulted cedar ceiling, solid 6 panel doors and wood trim give this home the lake house feel everyone wants. For barbecuing and a tree house feeling, the upper deck is another great hang out spot. Want to wake up to a view of the lake? Then this Master Suite is one you will never want to leave. Suite includes a private bath, tray ceiling, a walk-in closet and endless lake views. Upon entering the lower level you are again greeted with another gorgeous view of the lake through a wall of sliding doors and enough space to host another large gathering. A large guest bedroom has more views of the lake. A second non-conforming bedroom has a smaller window and large closets. Tray ceiling in entertainment area is lighted, gas fireplace with stone front, utility room, a bonus room and a third full bath finish off the lower level. Step out onto the lower level deck and you are ready to take a little stroll down to the 82 feet of amazing waterfront. A paver brick patio at waters edge allows you to pull up a chair, put your feet up and enjoy the serenity and beauty Lake Carroll has to offer. Owner willing to make this a turn key home. Call today to see this beautiful home!
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478.027516
  • S O1 Brokerage Number: 478.027516
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Gas
  • Basement: Basement Entrance, Finished
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 132.02
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Sewer: Septic
  • Water: Well
  • Water Heater: LP Gas

Condo/Co-op/Association

  • HOA Fees: 1596

Schools

  • School District: Eastland
  • Elementary School: Eastland
  • Middle School: Eastland
  • High School: Eastland
  • Elementary School #2: Eastland

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2015
  • Taxes: 8375

MLS Schools

  • HighSchool: Eastland
  • School District: Eastland
  • Middle School: Eastland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Oct 21, 2016
Sold by
Foppe Terry L and Foppe Ann T
Bought by
Brower Ben M and Brower Kristi L
Seller's Agent
Cynthia Griffin
Fawn Ridge Real Estate Co.
Buyer's Agent
Gary Shellhause
Fawn Ridge Real Estate Co.
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%
Total Days on Market
138
Current Estimated Value
$699,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,334
Avg. Annual Appreciation
5.24%
Original Mortgage
$391,500
Outstanding Balance
$324,808
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$351,712
Source: Public Records

Similar Homes in Lanark, IL

  • 5-124 Sunrise Ct, Lanark, IL 61046

    $800,000

    • 2 Beds
    • 3 Baths
    • 2,132 Sq Ft
    • 5-124 Sunrise Ct
    • Lanark, IL

    Experience luxury and lake life at its best with this stunning, fully furnished waterfront home on one of Lake Carroll's most desirable lots. With 179 feet of shoreline-ranking in the top, overall, of all Lake Carroll properties-this property offers a rare combination of space, privacy, and deep water access. The shoreline's 8-foot depth at the pier ensures reliable water levels year-round, even

    Misael Chacon Beycome brokerage realty LLC

    Section Image
  • 27-53 Ridgeview Dr, Lanark, IL 61046

    $799,900

    • 4 Beds
    • 3 Baths
    • 3,083 Sq Ft
    • 27-53 Ridgeview Dr
    • Lanark, IL

    Lakefront Living at Its Best! Sitting on 1.47 acres with 120' of waterfrontage, this 4-bedroom, 3-bath home offers the perfect blend of space and recreation. Whether you're entertaining indoors or relaxing by the lake, this property delivers the Lake Carroll lifestyle. Step onto the covered front porch or the Trex deck and take in the peaceful surroundings. Inside, the main level features a

    Thomas Miller Fawn Ridge Real Estate Co.

    Section Image
  • 24-37 Ridgewood Ct, Lanark, IL 61046

    $649,900

    • 4 Beds
    • 3 Baths
    • 3,236 Sq Ft
    • 24-37 Ridgewood Ct
    • Lanark, IL

    Nestled in the perfect location, this inviting ranch home was designed to embrace the surrounding nature. On just over 2.5 mature acres, this park-like setting offers peace, tranquility and privacy, yet all within minutes from all Lake Carroll Amenities. Step inside this 3,200-sf open floor plan featuring a newly installed gourmet designer kitchen, by Mullet, great room with stone fireplace, four

    Thomas Miller Fawn Ridge Real Estate Co.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brower Ben M $435,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brower Ben M $391,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $435,000 -12.8% $132 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $499,000 -- $151 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $11,711 $205,444 $81,057 $124,387
2022 $10,543 $179,036 $70,638 $108,398
2021 $9,280 $148,675 $62,512 $86,163
2020 $8,878 $144,344 $60,691 $83,653
2019 $9,663 $152,813 $69,560 $83,253
2018 $8,932 $137,670 $62,667 $75,003
2017 $8,953 $137,670 $62,667 $75,003
2016 $8,973 $137,670 $62,667 $75,003
2015 $8,375 $129,053 $65,968 $63,085
2014 $8,223 $116,271 $59,434 $56,837
2013 $8,223 $103,813 $53,066 $50,747
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 117740

NorthWest Illinois Alliance of REALTORS®

APN: 04-04-12-401-097