Seller's Agent in 2022
Betsy Spicer-Brookbank
Keller Williams Success Realty
(616) 446-8424
5 in this area
15 Total Sales
110 Terrace Dr Tower Lakes, IL 60010
Tower Lake NeighborhoodEstimated Value: $576,000 - $642,000
4
Beds
2.5
Baths
2,504
Sq Ft
$247/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Landscaped Professionally
- Fireplace in Kitchen
- North Barrington Elementary School Rated A
- Community Lake
- 4-minute walk to Hussissian Park
About This Home
As of September 2022LIFESTYLE & LOCATION!! Fall in love with this charming Cape Cod home, situated just blocks from Tower Lakes beach! Neighborhood includes lake access plus soccer field, tennis & volleyball courts. Immaculate 4 bed, 2.5 bath home with hardwood and neutral paint throughout. The first floor layout is perfect for entertaining. Farmhouse style kitchen with wood burning fireplace plus eat-in kitchen, center island, and adjacent to the most spectacular vaulted screen porch! Porch expands living space nearly all year long. Elegant dining room. Cozy family room with shiplap gas fireplace. Current office on first floor is flexible space and possibly bedroom. 3 bedrooms and 2 updated baths on 2nd floor. The primary bedroom with vaulted ceilings, custom built in storage, walk-in closet, spa-like ensuite bath with two vanities and separate shower. Second bedroom has large closet with custom built-ins. Third bedroom has a separate bonus/play room attached. Huge finished basement offers more living space, tons of storage, and laundry room. The back deck overlooks the professionally-landscaped yard and play-set and is the perfect place to spend long summer days! The home is equipped with highly efficient Wi-fi capabilities. Tower Lakes is truly an amazing community with opportunities for everything outdoors including; boating, fishing, biking, swimming, tennis, soccer, volleyball, as well as many social opportunities for all!
Last Agent to Sell the Property
Keller Williams Success Realty License #475195645 Listed on: 06/04/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,214
Year Built
- Built in 1961
Lot Details
- 0.6 Acre Lot
- Lot Dimensions are 175x116x175x120
- Landscaped Professionally
- Corner Lot
- Paved or Partially Paved Lot
- Additional Parcels
HOA Fees
- $67 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Space is Owned
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,504 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Gas Log Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Formal Dining Room
- Recreation Room
- Screened Porch
- Wood Flooring
- Unfinished Attic
- Laundry Room
Kitchen
- Double Oven
- Range
- Microwave
- Dishwasher
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Dual Sinks
- Separate Shower
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Schools
- North Barrington Elementary Scho
- Barrington Middle School-Station
- Barrington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Community Well
- Water Softener is Owned
- Private or Community Septic Tank
- Cable TV Available
Additional Features
- Deck
- Property is near a park
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include lake rights
- Tower Lakes Subdivision, Cape Cod Floorplan
- Community Lake
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2022
Closed on
Aug 30, 2022
Sold by
Mcfarland Daniel J and Mcfarland Sandra M
Bought by
Siemon Douglas E and Siemon Laura L
Seller's Agent
Betsy Spicer-Brookbank
Keller Williams Success Realty
Buyer's Agent
Kim Alden
Compass
List Price
$619,000
Sold Price
$554,000
Premium/Discount to List
-$65,000
-10.5%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,219
Avg. Annual Appreciation
2.06%
Original Mortgage
$443,200
Outstanding Balance
$427,903
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$161,233
Purchase Details
Closed on
Feb 9, 2008
Sold by
Kramer Derek S and Kramer Melissa B
Bought by
Mcfarland Daniel J and Mcfarland Sandra M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 3, 2006
Sold by
Kuhn Robert W and Kuhn Kimberly
Bought by
Kramer Derek S and Kramer Melissa B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 26, 1997
Sold by
Thompson Wayne A and Thompson Diana L
Bought by
Kuhn Robert W and Kuhn Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.55%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Siemon Douglas E | $554,000 | -- | |
| Mcfarland Daniel J | $550,000 | Stewart Title Company | |
| Kramer Derek S | $600,000 | None Available | |
| Kuhn Robert W | $233,333 | Attorneys Natl Title Network |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Siemon Douglas E | $443,200 | |
| Previous Owner | Mcfarland Daniel J | $417,000 | |
| Previous Owner | Kramer Derek S | $417,000 | |
| Previous Owner | Kuhn Robert W | $300,000 | |
| Previous Owner | Kuhn Robert W | $275,000 | |
| Previous Owner | Kuhn Robert W | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2022 09/08/22 | Sold | $554,000 | -0.9% | $221 / Sq Ft |
| 08/17/2022 08/17/22 | Pending | -- | -- | -- |
| 07/27/2022 07/27/22 | Price Changed | $559,000 | -2.8% | $223 / Sq Ft |
| 07/15/2022 07/15/22 | Price Changed | $575,000 | -4.0% | $230 / Sq Ft |
| 06/16/2022 06/16/22 | Price Changed | $599,000 | -3.2% | $239 / Sq Ft |
| 06/04/2022 06/04/22 | For Sale | $619,000 | -- | $247 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $12,331 | $169,077 | $24,007 | $145,070 |
| 2023 | $12,789 | $154,099 | $21,880 | $132,219 |
| 2022 | $12,789 | $158,073 | $24,753 | $133,320 |
| 2021 | $12,328 | $152,208 | $24,332 | $127,876 |
| 2020 | $12,041 | $151,738 | $24,257 | $127,481 |
| 2019 | $11,614 | $147,734 | $23,617 | $124,117 |
| 2018 | $10,561 | $136,680 | $26,379 | $110,301 |
| 2017 | $10,477 | $133,934 | $25,849 | $108,085 |
| 2016 | $9,635 | $128,882 | $24,874 | $104,008 |
| 2015 | $9,199 | $120,880 | $23,330 | $97,550 |
| 2014 | $9,994 | $126,843 | $19,593 | $107,250 |
| 2012 | $9,689 | $129,024 | $19,930 | $109,094 |
Source: Public Records
Agents Affiliated with this Home
-
Betsy Spicer-Brookbank
-
Nellie Coleman
Seller Co-Listing Agent in 2022
Nellie Coleman
Keller Williams Success Realty
(847) 313-1145
3 in this area
15 Total Sales
-
Kim Alden
Buyer's Agent in 2022
Kim Alden
Compass
(847) 254-5757
4 in this area
1,515 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11425213
APN: 13-02-112-009
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