NOT LISTED FOR SALE

132 Mainsail Dr Third Lake, IL 60030

Estimated Value: $519,000 - $673,000

4 Beds
4 Baths
2,419 Sq Ft
$248/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $470,000 $194 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,608/month

2 Days on Market

Highlights

  • Lake Front
  • Beach
  • Landscaped Professionally
  • Grayslake North High School Rated A
  • Boat Slip
  • Deck

About This Home

As of April 2021

Gorgeous waterfront home with amazing panoramic views of private Druce Lake with additional access to Third Lake. Updated kitchen with cherry cabinets, stainless steel appliances, and open floor plan. Cozy up with the central two-sided fireplace. Hardwood floors on first floor. First floor office or bedroom. Primary Bedroom on second floor with ensuite bathroom. Finished basement with additional bedroom and bathroom. Solar panels full owned (enjoy the service without added payment). Amazing views!

Last Agent to Sell the Property

Jamie Hering

Coldwell Banker Realty License #475166016 Listed on: 03/02/2021

Coldwell Banker Realty

Last Buyer's Agent

Patricia Smarto

Lakes Realty Group License #471000052

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,245

Year Built

  • 1987

Lot Details

  • Lake Front
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Attached Fireplace Door
  • See Through Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Dining Area
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Water Views
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Boat Slip
  • Balcony
  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Water Rights

Community Details

  • Beach

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,245

Year Built

1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Disability Access: Yes
  • Disability Access Details: Grab Bars in Bathroom(s)
  • Age: 31-40 Years
  • Full Bathrooms: 4
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 4
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 1987
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;, Radon Mitigation System(s)
  • Fireplace Details: See through/Multi Sided, Attached Fireplace Doors/Screen, Gas Logs
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished, Crawl, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 05X07, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 14X18, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X18, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Eating Area, Recreation Room, Foyer, Storage
  • Master Bedroom: Dimensions: 24X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm, Dimensions: 26X28, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Foyer, Dimensions: 06X12, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 15X17, On Level: Main Level, Flooring: Carpet
  • Additional Room 4 Name: Storage, Dimensions: 10X17, On Level: Basement
  • Bedroom 4: Dimensions: 10X13, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 2419
  • Estimated Total Finished Sq Ft: 1260
  • Basement Finished Sq Ft: 1260
  • Dining Room Type: Separate
  • Family Room: Dimensions: 24X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Deck, Boat Slip, Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Solar

Condo/Co-op/Association

  • Fee Frequency: Voluntary
  • Assessment Association Fees: 150
  • Management Contact Name: Wendy Kotulla
  • Management Phone: 847-770-1026

Fee Information

  • Management Company: MARINERS COVE HOMEOWNERS ASSOC.

Schools

  • School District: 127
  • Elementary School: Avon Center Elementary School
  • Middle School: Grayslake Middle School
  • High School: Grayslake North High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 72X220X75X248
  • Lot Description: Beach, Lake Front, Landscaped Professionally, Water Rights, Water View
  • Parcel Identification Number: 06242040140000

Tax Info

  • Taxes: 14607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Mar 30, 2021
Sold by
Jackson Chad E and Cox Catherine M
Bought by
Neddenreip Gretchen and Bonnot Valdemar
Seller's Agent
Jamie Hering
Coldwell Banker Realty
Buyer's Agent
Patricia Smarto
Lakes Realty Group
List Price
$470,000
Sold Price
$470,000
Current Estimated Value
$599,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,085
Avg. Annual Appreciation
6.41%
Original Mortgage
$376,000
Outstanding Balance
$290,274
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$318,068

Purchase Details

Closed on
Jun 13, 2019
Sold by
Jackson Chad Erin and Cox Catherine Mary
Bought by
Jackson Chad E and Cox Catherine M

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 4, 2018
Sold by
Kotulla Wendy M and Rieth Lori K
Bought by
Jackson Chad Erin and Cox Catherine Mary
Seller's Agent
Cheryl Duhig
Baird & Warner
Buyer's Agent
Jamie Hering
Coldwell Banker Realty
List Price
$424,900
Sold Price
$410,000
Premium/Discount to List
-$14,900
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$389,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2000
Sold by
Hiniker William E and Hiniker Penny B
Bought by
Rieth Lori K and Kotulla Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.43%

Purchase Details

Closed on
Nov 25, 1996
Sold by
Hiniker William E and Nelson Penny B
Bought by
Hiniker William E and Hiniker Penny B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.91%

Purchase Details

Closed on
Sep 6, 1996
Sold by
Walter David L and Walter Jean P
Bought by
Hiniker William E and Nelson Penny B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
9%
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
Neddenreip Gretchen $470,000 Chicago Title
Jackson Chad E -- Attorney
Jackson Chad Erin $410,000 Baird & Warner Title Service
Rieth Lori K $277,000 First American Title
Hiniker William E -- Chicago Title Insurance Co
Hiniker William E $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neddenriep Gretchen $50,000
Open Neddenreip Gretchen $376,000
Previous Owner Jackson Chad Erin $389,500
Previous Owner Rieth Lori K $101,000
Previous Owner Kotulla Wendy M $255,600
Previous Owner Kotulla Wendy M $400,000
Previous Owner Kotulla Wendy M $250,000
Previous Owner Rieth Lori K $214,000
Previous Owner Rieth Lori K $220,000
Previous Owner Hiniker William E $204,000
Previous Owner Hiniker William E $216,750
Closed Hiniker William E $18,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $470,000 0.0% $194 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $470,000 +14.6% $194 / Sq Ft
05/04/2018 05/04/18 Sold $410,000 -3.5% $169 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $424,900 -- $176 / 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 $15,245 $161,165 $34,407 $126,758
2023 $15,182 $147,912 $31,578 $116,334
2022 $15,182 $142,664 $45,780 $96,884
2021 $15,050 $137,124 $44,002 $93,122
2020 $15,114 $130,470 $41,867 $88,603
2019 $14,607 $125,175 $40,168 $85,007
2018 $12,050 $137,279 $46,621 $90,658
2017 $15,995 $129,131 $43,854 $85,277
2016 $16,726 $129,131 $40,482 $88,649
2015 $16,346 $117,971 $36,983 $80,988
2014 $13,550 $98,772 $34,111 $64,661
2012 $13,717 $106,316 $35,625 $70,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11008125

Midwest Real Estate Data (MRED)

APN: 06-24-204-014