NOT LISTED FOR SALE

1540 Thyra Ln Inverness, IL 60067

Estimated Value: $874,000 - $1,059,000

5 Beds
4 Baths
5,000 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $960,000 $192 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,560/month

12 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Mature Trees
  • Marion Jordan Elementary School Rated A-
  • Landscaped Professionally
  • Community Lake

About This Home

As of May 2024

A true Forever Home, this sprawling waterfront ranch with a walkout basement on very rarely available Lake Inverness is surely THE home you've been waiting for! Your completely renovated dream kitchen, fit for a chef, enjoys gorgeous views of the lake, granite counter tops for days, custom cabinetry, newer high end appliances, the largest island I've ever seen and the perfect open concept layout. You'll love the cozy living room, sun drenched by a wall of windows, overlooking the water, complete with the most stunning fireplace! The spacious and perfectly located Primary Suite is EVERYTHING, boasting gleaming hardwood floors, a private balcony, a large walk in shower, separate and relaxing jacuzzi tub and an enormous walk in closet. The options are endless with the sunlit 2nd suite that can be utilized as an additional Primary, Guest Suite or In Law arrangement. The main level boasts 4 bedrooms and 3 full and remodeled bathrooms, with 3 of the bedrooms enjoying the unparalleled water views. Perfect for entertaining, the lower level, which conveniently opens up to the main living area, boasts so much natural light that pours in through the wall of windows and sliders, another gorgeous fireplace, 2 additional generously sized bedrooms (would also make lovely offices, workout rooms, media rooms), a huge recreation area, another full and remodeled bathroom and SO MUCH storage space! This Fremd High School home on over 1.5 acres is located in a very quiet cul-de-sac, sides to a nature area with a creek for the kids and animal lovers to enjoy and backs to a serene lake. Nearly everything in this home has been redone, remodeled or renovated since 2016. Updates include, but are not limited to: 2 New AC Units-2023 and 2024, Roof and Skylights-2017, Deck-2016, Interior Renovations-2016, Bosch Dishwasher-2021, Electrical and Panel-2023, Furnace-2023. The garage is technically listed as 2.5 car, but appears large enough for 3 cars and can easily be expanded to suit your needs. Don't let this Dream Home opportunity pass you by!

Last Agent to Sell the Property

Michelle Rushing

Berkshire Hathaway HomeServices Starck Real Estate License #475169959 Listed on: 03/08/2024

Berkshire Hathaway HomeServices Starck Real Estate

Co-Listed By

George Rosner

Berkshire Hathaway HomeServices Starck Real Estate License #475172237

Last Buyer's Agent

Yusuf Ozer

Troy Real Estate LLC License #471020410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,834

Year Built

  • Built in 1975 | Remodeled in 2016

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 72x288x134x336x232
  • Lake Front
  • Cul-De-Sac
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Workshop
  • Water Views

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Access To Lake
  • Tideland Water Rights
  • Creek On Lot
  • Balcony
  • Deck
  • Patio
  • Fire Pit

Schools

  • Marion Jordan Elementary School
  • Walter R Sundling Junior High Sc
  • Wm Fremd High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Community Details

  • Valley Lake Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,834

Year Built

Built in 1975 | Remodeled in 2016

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Valley Lake
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Water Softener
  • Basement: Full, Walkout
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 2067
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Ceiling - 9 Foot, Beamed Ceilings, Open Floorplan, Some Carpeting, Drapes/Blinds, Granite Counters, Separate Dining Room, Pantry, Workshop Area (Interior)
  • LivingArea: 5000
  • Other Equipment: Water-Softener Owned
  • Room Type: Bedroom 5, Recreation Room, Foyer, Office
  • Estimated Total Finished Sq Ft: 5000
  • Basement Description: Partially Finished,Exterior Access
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2933
  • Basement Sq Ft: 2067
  • Fireplace Location: Family Room,Basement
  • Total Sq Ft: 5000
  • Main Level Sq Ft: 2933
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 999000
  • Lot Features: Cul-De-Sac, Lake Front, Landscaped, Water Rights, Water View, Wooded, Mature Trees, Backs to Trees/Woods, Creek, Lake Access, Views, Waterfront
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Solar, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Water Rights, Curbs, Street Paved
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Master Association Fee: 1600

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Marion Jordan Elementary School
  • High School: Wm Fremd High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.55
  • Lot Dimensions: 72X288X134X336X232
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 13834.05
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 15, 2024
Sold by
Norris Marjorie J and Norris Michael
Bought by
Ozer Yusuf Jay
Seller's Agent
Michelle Rushing
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Yusuf Ozer
Troy Real Estate LLC
List Price
$999,000
Sold Price
$960,000
Premium/Discount to List
-$39,000
-3.9%
Views
210
Current Estimated Value
$992,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,719
Avg. Annual Appreciation
2.46%
Original Mortgage
$766,550
Outstanding Balance
$757,246
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$235,473

Purchase Details

Listed on
Jul 10, 2015
Closed on
Aug 20, 2015
Sold by
Sladek Kathy C
Bought by
Norris Marjorie J
Seller's Agent
Chris Jacobs
Century 21 Circle
Buyer's Agent
Krissy Polk-Viox
Baird & Warner
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Sep 20, 2004
Sold by
Simoneit Karolyn E
Bought by
Simoneit Karolyn E and Karolyn E Simoneit Trust

Purchase Details

Closed on
Jun 6, 2003
Sold by
Simoneit Daniel Joseph
Bought by
Simoneit Karolyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.44%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Ozer Yusuf Jay $960,000 None Listed On Document
Norris Marjorie J $500,000 None Available
Simoneit Karolyn E -- --
Simoneit Karolyn E -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozer Yusuf Jay $766,550
Previous Owner Simoneit Karolyn E $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $960,000 -3.9% $192 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $999,000 +99.8% $200 / Sq Ft
08/20/2015 08/20/15 Sold $499,900 0.0% $170 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $499,900 -- $170 / 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 $14,224 $51,000 $20,308 $30,692
2023 $13,834 $51,000 $20,308 $30,692
2022 $13,834 $51,000 $20,308 $30,692
2021 $14,719 $48,547 $13,538 $35,009
2020 $14,430 $48,547 $13,538 $35,009
2019 $14,211 $53,703 $13,538 $40,165
2018 $14,218 $49,990 $11,846 $38,144
2017 $13,909 $49,990 $11,846 $38,144
2016 $12,999 $49,990 $11,846 $38,144
2015 $14,471 $51,126 $3,113 $48,013
2014 $14,243 $51,126 $3,113 $48,013
2013 $13,289 $53,612 $3,113 $50,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11994321

Midwest Real Estate Data (MRED)

APN: 02-29-203-004-0000