NOT LISTED FOR SALE

18730 W Lazy Acre Rd Lake Villa, IL 60046

Estimated Value: $598,000 - $631,000

5 Beds
6 Baths
5,000 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $585,000 $117 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,497/month

3 Days on Market

Highlights

  • Waterfront
  • Deck
  • Recreation Room
  • Millburn Elementary School Rated A-
  • Living Room with Fireplace
  • 2-minute walk to Deerpath Park

About This Home

As of June 2024

Looking for a WATERFRONT RELAXATION OASIS? This home is for you! You will feel like every day is vacation in this amazing house with 5,000 finished square feet and the best location in Deerpath Estates overlooking a beautiful pond and with no neighbors on one side. This spectacular home boasts 5 bedrooms, 4 2/2 bathrooms and FULL FINISHED WALKOUT BASEMENT that features a top of the line Cedarbrook Sauna, a full bathroom with both shower and a tub, Meditation Room with a wood/gas Fireplace, a bar, huge entertainment/recreation room, Pool or game room, 5 large windows etc for much needed R & R. As you step inside, you are greeted with dramatic soaring ceilings and open floor plan. Large sunny living room with adjacent dining room is perfect for entertainment. Kitchen with an abundance of cabinets, an island and a space for a breakfast table, and a slider door to a deck to enjoy a breakfast with a view. Brand new SS gas range and a microwave. The Kitchen opens to a huge entertainment-sized 2 story family room with a wall of gorgeous floor to ceiling arched windows bringing in tons on natural light and enchanting views of the water and nature. First floor bedroom can be used as an office or a guest room and right next to a powder room and a laundry with a brand-new front-loading washer and dryer. New wooden staircase takes you up to a beautiful landing allowing you to enjoy serene water views and leading you to a luxurious Primary Suite that features a huge bedroom with several windows to maximize the view, 2 walk-in-closets, large bath with two separate vanities, a whirlpool tub, separate shower and a private toilet room equipped with a bidet. The three additional large bedrooms complete the second floor, one with in-suite bathroom and remaining two with a Jack-and-Jill bathroom. All bedrooms boast walk-in-closets and both floors feature new floors and new paint. There is plenty of space for kids, family and friends. They will not need to fight over a bathroom or storage. What a relief! The outside of the home is just as impressive. Spend your evenings with a glass of wine or a book relaxing by the firepit on a large custom-made brick patio while enjoying the peaceful views of water and nature or have a snack on a wood deck just outside of kitchen. A landscaped yard comes with several fruit trees (pear, peach, apple and cherry...) and perfect for enjoying the outdoors. You will love a 3-car freshly painted garage perfect for storing all your extra gear in addition to your cars. A commuters dream just a short distance from I-94 and an ideal location centrally located between Milwaukee and Chicago. Lovely area surrounded by Forest Preserves, Scenic Trails and Parks. A-rated Warren High School & Millburn Grade Schools, Shopping and Entertainment. All nearby... if you would ever want to leave your personal retreat!

Last Agent to Sell the Property

Ellen Gutiontov

Ellen Gutiontov License #471010452 Listed on: 05/30/2024

Co-Listed By

M G

Ellen Gutiontov License #475171077

Last Buyer's Agent

Imran Haq

Chicago Realty Network License #471022031

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,680

Year Built

  • Built in 1999

Lot Details

  • 0.26 Acre Lot
  • Waterfront

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sitting Room
  • Combination Dining and Living Room
  • Recreation Room
  • Game Room
  • Full Attic
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Brick Porch or Patio
  • Fire Pit

Schools

  • Millburn C C Elementary School
  • Warren Township High Middle School
  • Warren Township High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association Phone (847) 490-3833
  • Property managed by Associa Vanguard Community Management

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,680

Year Built

Built in 1999

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1999
  • Age: 21-25 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

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Walkout
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • LivingArea: 5000
  • Room Type: Bedroom 5, Attic, Recreation Room, Game Room, Foyer, Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Bidet
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Basement
  • Square Footage Comments: 3,448 square feet on the 1st and 2nd floors plus over 1,500 square feet finished walkout basement
  • Total Sq Ft: 0
  • Attic: Full
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Patio, Brick Paver Patio, Storms/Screens, Fire Pit
  • List Price: 584900
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Vanguard Community Management
  • Management Contact Name: n/a
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Millburn C C School
  • High School: Warren Township High School
  • Middle/Junior School: Warren Township High School
  • Middle/Junior School District: 121

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.26
  • Lot Dimensions: 11326
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 12679.6
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jun 21, 2024
Sold by
Lifshits Georgiy and Maskayeva Yelena
Bought by
Dopathi Sandeep Reddy and Kannareddy Prasanna Kumari
Seller's Agent
Ellen Gutiontov
Ellen Gutiontov
Buyer's Agent
Imran Haq
Chicago Realty Network
List Price
$584,900
Sold Price
$585,000
Premium/Discount to List
$100
0.02%
Views
14
Current Estimated Value
$620,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,723
Avg. Annual Appreciation
5.43%
Original Mortgage
$555,750
Outstanding Balance
$538,911
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$81,812

Purchase Details

Closed on
Jul 13, 2000
Sold by
Greatbanc Trust Co
Bought by
Lifshits Georgiy and Maskayeva Yelena

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
8.27%
Mortgage Type
Purchase Money Mortgage
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
Dopathi Sandeep Reddy $585,000 Chicago Title
Lifshits Georgiy $347,000 Gt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dopathi Sandeep Reddy $555,750
Previous Owner Lifshits Georgiy $206,000
Previous Owner Lifshits Georgiy $180,000
Previous Owner Lifshits Georgiy $212,000
Previous Owner Lifshits Georgiy $2,180,000
Previous Owner Lifshits Georgiy $217,000
Previous Owner Lifshits Georgiy $217,000
Previous Owner Lifshits Georgiy $230,000
Previous Owner Lifshits Georgiy $230,000
Previous Owner Lifshits Georgiy $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $585,000 0.0% $117 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $584,900 -- $117 / 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 $12,680 $152,225 $23,174 $129,051
2023 $15,604 $135,892 $20,687 $115,205
2022 $15,604 $130,162 $20,690 $109,472
2021 $14,746 $124,940 $19,860 $105,080
2020 $14,163 $121,869 $19,372 $102,497
2019 $13,678 $118,331 $18,810 $99,521
2018 $13,617 $123,326 $25,303 $98,023
2017 $13,562 $119,792 $24,578 $95,214
2016 $12,932 $114,459 $23,484 $90,975
2015 $13,465 $117,217 $22,406 $94,811
2014 $10,746 $100,120 $22,116 $78,004
2012 $9,619 $100,886 $22,285 $78,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12069510

Midwest Real Estate Data (MRED)

APN: 07-06-301-008