NOT LISTED FOR SALE

Estimated Value: $634,000 - $1,029,000

4 Beds
4 Baths
3,280 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $775,000 $236 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,769/month

6 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Deck
  • Woodland Elementary School Rated A-
  • Landscaped Professionally
  • Contemporary Architecture

About This Home

As of October 2020

Custom-built home on beautiful Third Lake in Sunshine Subdivision! Escape city living and enjoy the lakefront lifestyle in this high-end, 3600+sf home built in 2003 and updated with current amenities. Third Lake is a private, spring-fed lake with abundant fishing and wildlife. Gas-powered boats are allowed inviting water skiing and tubing, jet skiing, or non-motorized sports like swimming, paddle- boarding and kayaking. During the winters you will see residents ice skating and ice fishing. With 157 acres, a sandy bottom and 70' deep in areas, the lake provides hours of fun all year long. This is lake life, all conveniently located midway between downtown Chicago and Milwaukee. Home offers incredible water views from entire 1st floor, looking out to the south and west, perfect viewing for sunsets all year long. High end kitchen with stone-surround cooking area featuring Viking stove, Liebherr refrigerator, Bosch DW, high-end cabinets, quartz countertops and a custom wood island with quartz top. Beautiful slate tile throughout eat-in kitchen, leading to great room with maple wood floors, cedar-planked ceiling in dining room and great room and grand stone fireplace overlooking the water. The four-season room with gas fireplace will be a favorite hang out - open the windows to enjoy the breeze while you read your favorite book or sip your coffee. Large cedar deck leads to paver patio, back lawn and your own aluminum dock for your water toys. Although there are numerous closets inside, there is also plenty of storage in the oversized 2-car garage with loft expansion possible. Four spacious bedrooms, including one on first floor with pull-down Murphy bed for your overnight guests. Full bath with glass shower on 1st floor to accommodate guests. 2nd floor includes large master suite with tile shower, soaking tub, large custom closet and private deck overlooking water. Two additional oversized bedrooms with ample storage and updated guest bath complete the 2nd floor. Large basement is finished with luxury vinyl tile, built-in bar and wine area, half bath and additional storage. You will not be disappointed in this fabulous decorator home and the lifestyle it affords. Hurry because homes on this pristine lake, so close to Rollins Savanna, shopping, CLC, trains downtown, and Grayslake Schools, do not become available very often.

Last Listed By

Daniel Nierman

4 Sale Realty Advantage License #471018942 Listed on: 09/11/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,527

Year Built | Renovated

  • 2003 | 2014

Lot Details

  • Lake Front
  • Southern Exposure
  • East or West Exposure
  • Property has an invisible fence for dogs
  • Landscaped Professionally

Parking

  • Detached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Bar Fridge
  • Dry Bar
  • Skylights
  • Gas Log Fireplace
  • Heated Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Crawl Space

Outdoor Features

  • Boat Slip
  • Balcony
  • Deck
  • Brick Porch or Patio

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas
  • Water Rights
  • Well

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,527

Year Built | Renovated

2003 | 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Rehab Year: 2014
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 2003
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003
  • Year Renovated: 2014

Interior Features

  • Interior Property Features: Skylight(s), Bar-Dry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 17X33, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Water-Softener Owned, Central Vacuum, Intercom, CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished, Crawl
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 5X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Dining Room: Dimensions: 13X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Dimensions: 13X16, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 23X25, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Sun/Florida Room Heated, Dimensions: 15X16, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 15X17, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 15X16, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 3280

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Deck, Porch, Brick Paver Patio, Boat Slip, Invisible Fence
  • Exposure: S (South), W (West)
  • Acreage: 0.258

Garage/Parking

  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Zoned
  • Water: Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 3280

Schools

  • School District: 127
  • Elementary School: Woodland Elementary School
  • Middle School: Woodland Intermediate School
  • High School: Grayslake North High School
  • Junior High Dist: 50

Lot Info

  • Lot Dimensions: 50X225
  • Lot Description: Lake Front, Landscaped Professionally, Water Rights
  • Parcel Identification Number: 06134020110000

Tax Info

  • Taxes: 22495.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Nov 5, 2020
Sold by
Ratner Randall and Ratner Judith
Bought by
Ratner Adam S and Jorgensen Jessica
Seller's Agent
Daniel Nierman
4 Sale Realty Advantage
Buyer's Agent
Jacob Mandelman
Fathom Realty IL, LLC
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Total Days on Market
6
Current Estimated Value
$863,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,008
Avg. Annual Appreciation
2.42%

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 16, 2020
Sold by
Estrem Paul and Estrem Eileen
Bought by
Ratner Randall and Ratner Judith
Seller's Agent
Daniel Nierman
4 Sale Realty Advantage
Buyer's Agent
Jacob Mandelman
Fathom Realty IL, LLC
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%

Purchase Details

Closed on
Nov 29, 2010
Sold by
Standard Bank & Trust Company
Bought by
Estrem Paul and Estrem Elleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 14, 2004
Sold by
Clarke Michael and Clarke Patricia
Bought by
Standard Bank & Trust Co and Trust #17542

Purchase Details

Closed on
Oct 31, 2001
Sold by
Ganley James J and Oneill Ganley Kathleen D
Bought by
Clarke Michael and Clarke Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.5%

Purchase Details

Closed on
Dec 11, 2000
Sold by
Old Kent Bank
Bought by
Ganley James J and Oneill Ganley Kathleen D

Range of Values:

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Average Value
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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
Ratner Randall $775,000 First American Title Ins Co
Estrem Paul $625,000 Greater Illinois Title Co
Standard Bank & Trust Co -- --
Clarke Michael $150,500 Greater Illinois Title Compa
Ganley James J $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estrem Paul $83,000
Previous Owner Estrem Paul $83,000
Previous Owner Estrem Paul $417,000
Previous Owner Clarke Michael $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $775,000 -2.5% $236 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $795,000 -- $242 / 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
2023 $23,527 $252,379 $45,197 $207,182
2022 $23,527 $226,766 $42,095 $184,671
2021 $23,276 $217,960 $40,460 $177,500
2020 $23,313 $207,384 $38,497 $168,887
2019 $22,495 $198,968 $36,935 $162,033
2018 $22,979 $204,697 $47,217 $157,480
2017 $22,779 $192,547 $44,414 $148,133
2016 $21,962 $177,741 $40,999 $136,742
2015 $19,899 $152,445 $37,456 $114,989
2014 $19,860 $149,698 $30,379 $119,319
2012 $19,584 $156,342 $31,727 $124,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10855376

Midwest Real Estate Data (MRED)

APN: 06-13-402-011