NOT LISTED FOR SALE

10 Watergate Dr South Barrington, IL 60010

Estimated Value: $1,408,990 - $1,597,000

3 Beds
4.5 Baths
9,944 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $1,310,000 $132 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,463/month

23 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Family Room with Fireplace
  • Barbara B. Rose Elementary School Rated A+
  • 1.42 Acre Lot
  • Vaulted Ceiling

About This Home

As of October 2023

LOCATION! LOCATION! LOCATION! Must see this beautiful 1.422 acre waterfront property in The Coves of South Barrington! This expansive vintage 3 bedroom ranch offers spectacular water views from the primary bedroom suite, living room with rustic stone fireplace, built-in bar and additional adjacent lounge area, kitchen and family room. A full bath and walk in closet are located next to the family room, with another 1/2 bath across from the kitchen. The laundry/mud room, accessible from the garage and interior hallway, has tons of cabinet space, 2 closets, sink, and washer and dryer. The huge back terrace offers plenty of outdoor seating for barbeques and watching the gorgeous sunsets. A private dock awaits to enjoy kayaking/sailing/paddle boarding, fishing, and swimming. The large kitchen has granite countertops and dining table, sub-zero freezer and refrigerator, built-in double oven and microwave, cooktop and island for breakfast bar seating. The kitchen has an open view of the family room wall of windows and stone fireplace. There's also a formal dining room. All three bedrooms are ensuite with walk-in closets. The enormous unfinished basement offers much more living space. Finish it to your design, with plenty of space for individual areas for recreation, media, arts and crafts, or whatever you desire. The three-car heated and air conditioned garage has a separate storage room, and plenty of space. The roof was replaced in 2017, and the south water heater was replaced in 2022. The location offers access to sought after District 220 schools, and is conveniently located for shopping, restaurants, Metra train and expressway. Bring your creative ideas to turn this home into your dream home!

Last Agent to Sell the Property

Dean Tubekis

Coldwell Banker Realty License #475137834 Listed on: 09/08/2023

Coldwell Banker Realty

Last Buyer's Agent

Cynthia Stolfe

Redfin Corporation License #475174420

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,173

Year Built

  • Built in 1983

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 94.9x377.6x240.5x416.6
  • Waterfront

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9,944 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks

Schools

  • Barbara B Rose Elementary School
  • Barrington Middle School - Stati
  • Barrington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, lake rights
  • The Coves Subdivision
  • Property managed by The Coves of South Barrington HOA

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,173

Year Built

Built in 1983

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: The Coves
  • Year Built: 1983
  • Age: 31-40 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: Double Oven, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Walk-In Closet(s), Some Carpeting, Granite Counters, Separate Dining Room
  • LivingArea: 9944
  • Room Type: Breakfast Room
  • Estimated Total Finished Sq Ft: 5048
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 9944
  • ResoLivingAreaSource: Other

Exterior Features

  • OtherStructures: Boat Dock
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Coves of South Barrington HOA
  • Management Contact Name: unknown
  • Management Phone: 888-888-8888
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Insurance, Lake Rights

Schools

  • Elementary School: Barbara B Rose Elementary School
  • High School: Barrington High School
  • Middle/Junior School: Barrington Middle School - Stati

Lot Info

  • Lot Size Acres: 1.422
  • Lot Dimensions: 94.9X377.6X240.5X416.6
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: U

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 16172.65
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 24, 2023
Sold by
Irene S Sommer Survivors Trust and Frank Sommer Decedents Trust
Bought by
Bai Lih-Jing and Hsieh Chung Hsin
Seller's Agent
Dean Tubekis
Coldwell Banker Realty
Buyer's Agent
Cynthia Stolfe
Redfin Corporation
List Price
$1,424,900
Sold Price
$1,310,000
Premium/Discount to List
-$114,900
-8.06%
Views
203
Current Estimated Value
$1,514,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,998
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Apr 26, 2018
Sold by
The Frank Sommer And Irene S Sommer Revo
Bought by
Sommer Irene S and The Frank Sommer Decedent S Trust

Purchase Details

Closed on
Apr 17, 2014
Sold by
Sommer Frank and Sommer Irene
Bought by
Sommer Frank and Sommer Irene
Source: Public Records

Range of Values:

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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
Bai Lih-Jing $1,310,000 First American Title
Sommer Irene S -- None Available
Sommer Frank -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $1,310,000 -8.1% $132 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $1,424,900 -- $143 / 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
2024 $17,199 $81,857 $18,583 $63,274
2023 $21,117 $81,857 $18,583 $63,274
2022 $21,117 $102,000 $18,583 $83,417
2021 $16,173 $71,004 $12,388 $58,616
2020 $15,757 $71,004 $12,388 $58,616
2019 $16,541 $84,338 $12,388 $71,950
2018 $14,726 $73,807 $10,839 $62,968
2017 $17,690 $89,549 $10,839 $78,710
2016 $17,035 $89,549 $10,839 $78,710
2015 $13,847 $68,601 $9,291 $59,310
2014 $13,788 $68,601 $9,291 $59,310
2013 $16,950 $87,124 $9,291 $77,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11880373

Midwest Real Estate Data (MRED)

APN: 01-26-304-020-0000