NOT LISTED FOR SALE

1-98 Farragut Ln Lanark, IL 61046

Estimated Value: $613,000 - $786,000

4 Beds
3.5 Baths
3,160 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $425,000 $134 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,996/month

75 Days on Market

Highlights

  • Waterfront
  • Deck
  • Main Floor Primary Bedroom
  • Eastland Elementary School Rated A-
  • Wooded Lot
  • 2 Fireplaces

About This Home

As of June 2013

First time on the market! Well maintained, custom built home offers room for large family gatherings as well as peace and solitude for a few. The incredible full view of Lake Carroll can be enjoyed throughout the house, the decks and the dock at the property's 97 ft shoreline area. Quality features include Anderson windows and slider doors, pine ceilings,solid oak trim and cabinets, built in bookcase and window seats, 2 wood burning fireplaces with gas starters, laundry chute in the walk-in pantry, huge storage/workshop on the lower level of 3 car garage. The open floor plan of the main level features a cathedral ceiling Living room with triple height windows facing the Lake. The efficient kitchen space has favorite breakfast bar, walk-in pantry, gas range,dishwasher and newer refrigerator. The adjoining dining area has room for a large table and opens directly to the 235 sq ft screened porch. The Master bedroom suite has direct doors to the deck and luxury bath with whirlpool tub and double sink vanity. Upstairs the loft bedroom has a walk-in closet, whirlpool tub in the bathroom plus a private deck. The full finished lower level has two bedrooms, full bath with shower, utility room and a spacious family room with wood burning fireplace and slider doors to the lower level deck and easy walk to the waterfront. The property's waterfrontage opens to deep water in the no wake bay area to the east marina. Dock will be included. One of the most unique features of this listing is a 3 car garage with plenty of depth to store a 24 ft pontoon. There is an interior straight rail Bruno stairlift for easy trip down to the 780 sq ft under garage storage, shelving and workshop area. Make an appointment to see this one of a kind home, then buy it now because Summer is on the way !

Last Agent to Sell the Property

PATTI KLOEPPING

RE/MAX TOWN LAKE & COUNTRY License #475.103203 Listed on: 03/08/2013

RE/MAX TOWN LAKE & COUNTRY

Last Buyer's Agent

JULIE WENZEL

RE/MAX TOWN LAKE & COUNTRY License #471009335

RE/MAX TOWN LAKE & COUNTRY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,420

Year Built

  • Built in 1992

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Wooded Lot

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Wood Burning Fireplace
  • Screened Porch

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,420

Year Built

Built in 1992

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Road Frontage: Hard Surface Road
  • Type: Water Front, Wooded
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1532
  • Estimated Below Grade Finished Sq Ft: 1532
  • Front: 57
  • General Features: Deck, Laundry Basement, Porch Screened
  • Grid: Lake Carroll
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.32
  • Rear: 97.16
  • Side 1: 183.42
  • Side 2: 178.54
  • Type: House
  • Agent Only_ L A1 User Code: F_3203
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 3160
  • Estimated Upper Sq Ft: 396
  • Garage Type Driveway: Asphalt, Detached, Garage Remote/Opener
  • Pertinent Facts: First time on the market! Well maintained, custom built home offers room for large family gatherings as well as peace and solitude for a few. The incredible full view of Lake Carroll can be enjoyed throughout the house, the decks and the dock at the property's 97 ft shoreline area. Quality features include Anderson windows and slider doors, pine ceilings,solid oak trim and cabinets, built in bookcase and window seats, 2 wood burning fireplaces with gas starters, laundry chute in the walk-in pantry, huge storage/workshop on the lower level of 3 car garage. The open floor plan of the main level features a cathedral ceiling Living room with triple height windows facing the Lake. The efficient kitchen space has favorite breakfast bar, walk-in pantry, gas range,dishwasher and newer refrigerator. The adjoining dining area has room for a large table and opens directly to the 235 sq ft screened porch. The Master bedroom suite has direct doors to the deck and luxury bath with whirlpool tub and double sink vanity. Upstairs the loft bedroom has a walk-in closet, whirlpool tub in the bathroom plus a private deck. The full finished lower level has two bedrooms, full bath with shower, utility room and a spacious family room with wood burning fireplace and slider doors to the lower level deck and easy walk to the waterfront. The property's waterfrontage opens to deep water in the no wake bay area to the east marina. Dock will be included. One of the most unique features of this listing is a 3 car garage with plenty of depth to store a 24 ft pontoon. There is an interior straight rail Bruno stairlift for easy trip down to the 780 sq ft under garage storage, shelving and workshop area. Make an appointment to see this one of a kind home, then buy it now because Summer is on the way !
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 481010581
  • S O1 Brokerage Number: 481010581
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 134.49
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1356

Schools

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

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2012
  • Taxes: 7420

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Jun 14, 2013
Sold by
Casper Gloria Liv Trust
Bought by
Peterson Scott E and Peterson Amy E
Seller's Agent
PATTI KLOEPPING
RE/MAX TOWN LAKE & COUNTRY
Buyer's Agent
JULIE WENZEL
RE/MAX TOWN LAKE & COUNTRY
List Price
$479,900
Sold Price
$425,000
Premium/Discount to List
-$54,900
-11.44%
Total Days on Market
75
Current Estimated Value
$689,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,540
Avg. Annual Appreciation
3.92%
Source: Public Records

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Range of Values:

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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
Peterson Scott E $425,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2013 06/14/13 Sold $425,000 -11.4% $134 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $479,900 -- $152 / 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 $12,320 $216,130 $81,057 $135,073
2022 $11,091 $188,349 $70,638 $117,711
2021 $10,403 $166,681 $62,512 $104,169
2020 $9,953 $161,826 $60,691 $101,135
2019 $9,431 $149,137 $69,560 $79,577
2018 $8,717 $134,358 $62,667 $71,691
2017 $8,738 $134,359 $62,667 $71,692
2016 $8,757 $134,359 $62,667 $71,692
2015 $9,413 $148,889 $65,968 $82,921
2014 $7,823 $130,685 $59,434 $71,251
2013 $7,823 $116,683 $53,066 $63,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 112111

NorthWest Illinois Alliance of REALTORS®

APN: 04-04-12-401-098