NOT LISTED FOR SALE

1029 N Cedar Lake Rd Round Lake Beach, IL 60073

Estimated Value: $303,657 - $329,000

2 Beds
3 Baths
2,033 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $290,000 $143 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,203/month

2 Days on Market

Highlights

  • Open Floorplan
  • Property is near a park
  • Corner Lot
  • Community Lake
  • Raised Ranch Architecture
  • 4-minute walk to Idlewild Park

About This Home

As of May 2024

** Welcome to this beautifully updated home in a great central location with so many nearby amenities. This home offers 3 bedrooms, 3 bathrooms, and a secondary living space that includes a modern full kitchen, providing ample space for comfortable living. As you step inside, you'll be greeted by a spacious open floor plan on both levels spanning over 2000 square feet, offering flexibility and functionality. The primary bedroom is a serene retreat with a spa-like bathroom, and the additional bedrooms are perfect for accommodating guests, creating a home office, or pursuing hobbies or a business. Outside, the property boasts an extra large 2.5 car garage, perfect for all of your vehicles and water toys that you can use and launch at the local Lakefront Park and boat launch right down the street. Conveniently located in a desirable area, this home offers easy access to a variety of nearby amenities, ensuring that daily conveniences and entertainment options are within reach. The home is on a main road and zoned commercial but has approval for residential so you have lots of options for the use of the home or to establish your home business. Don't miss the opportunity to make this wonderful property your own and experience the comfort and convenience it has to offer. Schedule a showing today and envision the possibilities of calling this place your own.

Last Agent to Sell the Property

Perla Estrada

Keller Williams North Shore West License #475207907 Listed on: 04/03/2024

Keller Williams North Shore West

Co-Listed By

Grant Fetter

Compass License #475194097

Last Buyer's Agent

Annie Sullivan

Keller Williams North Shore West License #475173000

Keller Williams North Shore West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,919

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 44.6 x 120
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • 5 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,033 Sq Ft Home
  • Open Floorplan
  • Blinds
  • Family or Dining Combination
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Tideland Water Rights
  • Patio

Location

  • Property is near a park

Schools

  • Round Lake Beach Elementary Scho
  • Round Lake Middle School
  • Round Lake Senior High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,919

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Finished Sq Ft: 1011
  • Interior Amenities: In-Law Arrangement, Open Floorplan, Some Window Treatment, Dining Combo
  • LivingArea: 2033
  • Room Type: Kitchen
  • Estimated Total Finished Sq Ft: 2033
  • Basement Description: Finished,Exterior Access,Walk-Up Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 1022
  • Basement Sq Ft: 1011
  • Total Sq Ft: 2033
  • Main Level Sq Ft: 1022
  • Window Features: Blinds
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 289900
  • Lot Features: Corner Lot
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • OpenParkingSpaces: 5
  • ParkingTotal: 7.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Water Rights, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Round Lake Beach Elementary Scho
  • High School: Round Lake Senior High School
  • Middle/Junior School: Round Lake Middle School
  • Middle/Junior School District: 116

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 44.6 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5919
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 2, 2024
Sold by
Frescas Teresa
Bought by
Lamberti Victoria and Lamberti Sabrina
Seller's Agent
Perla Estrada
Keller Williams North Shore West
Buyer's Agent
Annie Sullivan
Keller Williams North Shore West
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%
Views
46
Current Estimated Value
$314,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,914
Avg. Annual Appreciation
6.02%
Original Mortgage
$275,500
Outstanding Balance
$271,901
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$43,013

Purchase Details

Closed on
Dec 21, 2005
Sold by
Frescas Victor B
Bought by
Frescas Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,150
Interest Rate
12.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1998
Sold by
Moreano Nelson A and Moreano Iris M
Bought by
Frescas Victor B and Frescas Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lamberti Victoria $290,000 First American Title
Frescas Teresa -- Stewart Title Company
Frescas Victor B $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamberti Victoria $275,500
Previous Owner Frescas Teresa $124,150
Previous Owner Frescas Victor B $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $290,000 0.0% $143 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $289,900 -- $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 $6,405 $84,445 $9,617 $74,828
2023 $5,920 $73,811 $8,406 $65,405
2022 $5,920 $65,570 $7,147 $58,423
2021 $5,849 $58,934 $6,869 $52,065
2020 $5,597 $56,075 $6,536 $49,539
2019 $5,427 $53,800 $6,271 $47,529
2018 $5,182 $46,014 $5,991 $40,023
2017 $5,070 $43,282 $5,635 $37,647
2016 $4,851 $39,954 $5,202 $34,752
2015 $4,707 $36,501 $4,752 $31,749
2014 $5,344 $41,901 $4,803 $37,098
2012 $6,094 $43,761 $5,016 $38,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12019661

Midwest Real Estate Data (MRED)

APN: 06-20-216-001