NOT LISTED FOR SALE

Estimated Value: $517,013 - $552,000

5 Beds
4 Baths
5,798 Sq Ft
$92/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $400,000 $69 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,707/month

Highlights

  • Sauna
  • Cathedral Ceiling
  • Home Security System
  • Deck
  • Hydromassage or Jetted Bathtub
  • Water Softener is Owned

About This Home

As of March 2022

Amazing Lakefront find! 5 bed, 4.5 Bath, 3 car garage. A Grand 2 story entry welcomes you home only steps from the Formal Living room and Dining room. Spacious Great room boasts hardwood floors, a fireplace and a wall of windows overlooking a large deck and Lake Arlan. Ample Kitchen features Granite counters and island. 2 master suites, one on main level, one on upper level. Lower level includes an extra-large family room with fireplace, hobby/exercise room, office space, and a Sauna! Large lot with mature landscaping including an Asian Apple tree. This lakefront property includes a newer dock with electric. HOA fees are only $66/year! Move in ready. Must see!

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate License #471018071 Listed on: 02/03/2022

Last Buyer's Agent

Mark Wagner

Professional Leasing & Real Estate Services License #471.004739

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,360

Year Built

  • Built in 1994

Lot Details

  • 0.63

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Two Story Entrance Foyer
  • Sauna
  • Sump Pump
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Deck
  • Irrigation

Community Details

  • Association fees include taxes/common area, lake rights, irrigation

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,360

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: SEC 12 T24N R5W SAUSALITO BAY ESTATES LOT 3 SW 1/4
  • Lvt Date: 03/15/2022
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator, Water Softener - Owned, Washer, Dryer
  • Fireplace: Gas Logs, Great Room, Rec Room
  • Interior Amenities: Cable Tv Available, Ceilings/Cath/Vault/Tray, Central Vacuum, Garage Door Opener(s), Jetted Tub, Solid Surface Counter Top, Sauna, Blinds, Ceiling Fan, Foyer 2 Story, Skylights, Security System Available, Central Vac Attachments
  • Number Fireplaces: 2
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Master Bedroom: Dimensions: 15.07x15.06, On Level: Main, Flooring: Carpet
  • Basement Foundation: Finished, Full, Block
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 12.11x10.02, On Level: Upper, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 12.11x11.04, On Level: Upper, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 12.06x15.07, On Level: Upper, Flooring: Carpet
  • Bedroom 4 Egress Window: Yes
  • Bedroom 5: Dimensions: 15.05x13, On Level: Upper, Flooring: Carpet
  • Bedroom 5 Egress Window: Yes
  • Formal Dining Room: Dimensions: 12.1x11.04, On Level: Main, Flooring: Carpet
  • Great Room: Dimensions: 19.07x19.05, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 22.06x13.09, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Eat-In Kitchen, Island
  • Laundry: Dimensions: 11.04x5.06, On Level: Main, Flooring: Vinyl
  • Living Room: Dimensions: 15.04x13, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 2133
  • Rec Room: Dimensions: 51.09x15.03, On Level: Basement, Flooring: Laminate
  • Total Basement Sq Ft: 2219
  • Additional Room 1: Dimensions: 11.11x10.11, On Level: Basement, Flooring: Carpet
  • Additional Room 2: Dimensions: 22.08x15, On Level: Basement, Flooring: Tile
  • Price Per Sq Ft: 109.14
  • Finished Sq Ft: 5798
  • Total Sq Ft: 3665
  • Finished Main Level Sq Ft: 2219
  • Upper Level Finished Sq Ft: 1446

Exterior Features

  • Exterior: Brick
  • Exterior Amenities: Deck, Shed, Irrigation System, Boat Dock
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Attached, Oversized
  • Garage Yn: Yes
  • Number Cars: 3
  • Number Of Garage Remotes: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer, Sump Pump

Condo/Co-op/Association

  • HOA Fee Includes: Taxes/Common Area, Lake Rights, Irrigation
  • Association Annual Fee: 66
  • Annual Mandatory Association: Yes

Schools

  • High School: Pekin Community

Lot Info

  • Estimated Lot Size: 101X272
  • Estimated Number of Acres: 0.63
  • Lot Description: Water Frontage, Level, Fruit Trees, Sea Wall
  • Subdivision: Sausalito Bay
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 11360
  • Parcel Id Number Tax Id: 10-10-12-311-034
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2020

MLS Schools

  • High School School District: Pekin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 15, 2022
Sold by
Bonnette Joyce M
Bought by
Williams William and Williams Tracey
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Mark Wagner
Professional Leasing & Real Estate Services
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$495,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,161
Avg. Annual Appreciation
6.64%
Original Mortgage
$320,000
Outstanding Balance
$265,735
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$232,672

Purchase Details

Closed on
May 21, 2010
Sold by
Lee Min Woo and Lee Kyung Hee
Bought by
Bonnette Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Source: Public Records

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
Williams William $400,000 Peoria Title
Bonnette Joyce M $485,000 First Community Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams William $320,000
Previous Owner Bonnette Joyce M $278,300
Previous Owner Bonnette Joyce M $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $400,000 0.0% $69 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $400,000 -- $69 / Sq Ft
Source: RMLS Alliance

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 $11,955 $162,650 $30,210 $132,440
2023 $11,955 $151,470 $28,130 $123,340
2022 $11,955 $137,700 $25,570 $112,130
2021 $11,460 $132,410 $24,590 $107,820
2020 $11,360 $132,410 $24,590 $107,820
2019 $11,195 $132,410 $24,590 $107,820
2018 $10,915 $132,410 $24,590 $107,820
2017 $10,404 $129,800 $24,110 $105,690
2016 $10,299 $129,800 $24,110 $105,690
2015 $10,110 $0 $0 $0
2013 $9,916 $129,800 $24,110 $105,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1232416

RMLS Alliance

APN: 10-10-12-311-034