NOT LISTED FOR SALE

Estimated Value: $868,000 - $1,152,000

4 Beds
3.5 Baths
5,800 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $685,000 $118 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,113/month

67 Days on Market

Highlights

  • Access To Lake
  • Second Kitchen
  • Community Lake
  • Grove Avenue Elementary School Rated A+
  • Waterfront
  • Fireplace in Primary Bedroom

About This Home

As of December 2022

Extremely rare opportunity to add your personal touches to this sprawling hillside ranch situated on a 1.5-acre lakefront property!! This home offers over 3,400 sf on the main living area which includes a large formal living room; a family room/dining combo with a wood burning fireplace and sliding doors to the deck; an eat-in kitchen with loads of storage and counterspace; convenient first floor mud/laundry room off the 3-car garage; a spacious primary suite with views of the lake and 2 addition first floor bedrooms; 1 additional full bath and a powder room. The basement walks you at grade in the rear and offers a huge rec room; a home office/gym; an additional bedroom; full bath; second kitchen; and storage. This property is certain to captivate, and the potential is endless. Sold as-is. No survey. Easy to show. Welcome home!!

Last Listed By

Anthony Disano

Parkvue Realty Corporation License #471010606 Listed on: 06/30/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,198

Year Built

  • Built in 1985

Lot Details

  • 1.52 Acre Lot
  • Lot Dimensions are 140x260x315x75x215x250
  • Waterfront

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Walk-Out Ranch
  • Brick Exterior Construction

Interior Spaces

  • 5,800 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Play Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Second Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry in multiple locations

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Access To Lake
  • Tideland Water Rights

Utilities

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

Community Details

  • Association fees include lake rights
  • Contact Lo Office Association
  • Property managed by Lake Inverlake Lake Lot Homeowners Association
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,198

Year Built

Built in 1985

Lot Details

0

HOA Fees

$73 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Walk-Out Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Separate Dining Room
  • LivingArea: 5800
  • Room Type: Breakfast Room, Foyer, Kitchen, Office, Family Room, Utility Room-Lower Level, Play Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 3466
  • Basement Description: Finished,Exterior Access,Rec/Family Area,Roughed-In Fireplace
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Master Bedroom
  • Total Sq Ft: 0
  • Bathroom: Full
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 699900
  • Lot Features: Lake Access
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: No
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Multiple Locations
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 875
  • Association Fee Frequency: Annually
  • Community Features: Lake, Water Rights, Other
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Inverlake Lake Lot Homeowners Association
  • Management Contact Name: Contact LO office
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights, Other

Schools

  • Middle/Junior School District: 220

Lot Info

  • Lot Size Acres: 1.5207
  • Lot Dimensions: 140X260X315X75X215X250
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 15197.51
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Sc6 Title Trust
Bought by
Lafata Joseph M and Wolfe Amber Nelson
Total Days on Market
67
Current Estimated Value
$1,023,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2022
Sold by
Truman 2016 Sc6 Title Trust
Bought by
Truman 2016 Sc6 Title Trust

Purchase Details

Closed on
Apr 18, 2022
Sold by
Matkowska Margaret and Matowska Margaret
Bought by
U S Bank Na

Purchase Details

Closed on
Jun 23, 2007
Sold by
Margaret Medyk Jozef and Margaret Matowska
Bought by
Margaret Medyk Jozef and Margaret Matowska

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,000
Interest Rate
6.54%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 13, 2004
Sold by
Fahim Layla and Murabit Layla
Bought by
Medyk Jozef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 2003
Sold by
Murabit Imad
Bought by
Murabit Layla

Purchase Details

Closed on
Nov 15, 1993
Sold by
Shurter Ronald H and Shurter Nancy M
Bought by
Murabit Imad and Murabit Layla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
7.29%

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
Lafata Joseph M $685,000 None Listed On Document
Lafata Joseph M $685,000 --
Truman 2016 Sc6 Title Trust -- None Listed On Document
U S Bank Na -- --
Margaret Medyk Jozef -- Ats
Medyk Jozef $755,000 Multiple
Murabit Layla -- --
Murabit Imad $376,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lafata Joseph M $548,000
Previous Owner Margaret Medyk Jozef $767,000
Previous Owner Medyk Jozef $727,500
Previous Owner Medyk Jozef $600,000
Previous Owner Fahim Layla $200,000
Previous Owner Fahim Layla $330,400
Previous Owner Murabit Imad $452,000
Closed Medyk Jozef $117,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $685,000 -2.1% $118 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/31/2022 08/31/22 Price Changed $699,900 -3.5% $121 / Sq Ft
08/11/2022 08/11/22 Price Changed $725,000 -3.3% $125 / Sq Ft
07/20/2022 07/20/22 Price Changed $749,900 -5.7% $129 / Sq Ft
06/30/2022 06/30/22 For Sale $795,000 -- $137 / 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 $16,356 $74,000 $19,873 $54,127
2023 $16,356 $74,000 $19,873 $54,127
2022 $16,356 $74,000 $19,873 $54,127
2021 $15,642 $62,621 $13,248 $49,373
2020 $15,198 $62,621 $13,248 $49,373
2019 $14,792 $69,119 $13,248 $55,871
2018 $14,047 $63,721 $11,592 $52,129
2017 $12,350 $63,721 $11,592 $52,129
2016 $13,426 $70,533 $11,592 $58,941
2015 $11,987 $57,378 $11,592 $45,786
2014 $11,857 $57,378 $11,592 $45,786
2013 $11,377 $57,378 $11,592 $45,786
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11451288

Midwest Real Estate Data (MRED)

APN: 02-07-202-039-0000