NOT LISTED FOR SALE

20056 Shaker Lake Rd Bloomington, IL 61705

Estimated Value: $594,036 - $712,000

5 Beds
4 Baths
5,493 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $479,000 $87 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,428/month

13 Days on Market

Highlights

  • Home Theater
  • Waterfront
  • Pond
  • Tri-Valley Elementary School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of September 2021

Rare opportunity to purchase this 5 bed 4 bath home on the lake in Old Town Timber. This beauty sits on a 3/4 acre lot with a wrap around deck & walkout patio. Spacious kitchen with custom cabinets & large island open to the 2 story great room. Main floor bedroom with full bath in hallway. Four large bedrooms upstairs. Basement is wide open with a 50x15 open room that walks out to the lake. Basement also has a full bathroom & a 23x14 theater/multi purpose room. Extras include heated garage & whole house generator. New dual zone HVAC 2015 & new siding 2013. Tri Valley Schools. Complete list of updates available.

Last Agent to Sell the Property

Daniel Carcasson

RE/MAX Rising License #471000056 Listed on: 07/20/2021

RE/MAX Rising

Last Buyer's Agent

Jay Ricketts

RE/MAX Choice License #475170154

RE/MAX Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,833

Year Built

  • Built in 2001

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 104x150x141x128
  • Waterfront

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 5,493 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Porch

Schools

  • Tri-Valley Elementary School
  • Tri-Valley Junior High School
  • Tri-Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Shared Well
  • Water Softener Leased
  • Private or Community Septic Tank
  • Satellite Dish

Community Details

  • Association fees include exterior maintenance, lake rights
  • Old Town Timber Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,833

Year Built

Built in 2001

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Old Town Timber
  • Year Built: 2001
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Stainless Steel Appliance(s)
  • Basement: Full, Walkout
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • LivingArea: 5493
  • Other Equipment: Water-Softener Rented, Humidifier, TV-Dish
  • Room Type: Den, Theatre Room, Family Room, Bedroom 5
  • Estimated Total Finished Sq Ft: 5342
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 5493
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Carpet
  • Kitchen Flooring: Ceramic Tile
  • Kitchen: Eating Area-Table Space,Island,Custom Cabinetry,Granite Counters
  • Living Room Flooring: Carpet
  • MRD_MBB: Full
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 18X17
  • Bedroom 3 Flooring: Carpet
  • Laundry Flooring: Ceramic Tile
  • Family Room Flooring: Carpet
  • Bedroom 4 Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch
  • Lot Features: Pond(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Concrete
  • 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: 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Exterior Maintenance, Lake Rights

Schools

  • Elementary School: Tri-Valley Elementary School
  • High School: Tri-Valley High School
  • Middle/Junior School: Tri-Valley Junior High School

Lot Info

  • Lot Size Acres: 0.72
  • Lot Dimensions: 104X150X141X128
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 10833
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 30, 2021
Sold by
King William K and King Vicki
Bought by
Mikaelian Daniel and Dipierdomenico Lori Di
Seller's Agent
Daniel Carcasson
RE/MAX Rising
Buyer's Agent
Jay Ricketts
RE/MAX Choice
List Price
$499,500
Sold Price
$479,000
Premium/Discount to List
-$20,500
-4.1%
Current Estimated Value
$645,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,509
Avg. Annual Appreciation
7.45%
Original Mortgage
$383,200
Outstanding Balance
$349,045
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$296,464

Purchase Details

Closed on
Apr 7, 2016
Sold by
King William K
Bought by
King William K and King Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.12%

Purchase Details

Closed on
May 26, 2009
Sold by
King Melinda E and Samp Melinda E
Bought by
King William K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.43%

Purchase Details

Closed on
Sep 14, 2007
Sold by
Vukelich Tyrone J and Vukelich Melanie M
Bought by
King William J and Samp Melinda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.63%
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
Mikaelian Daniel $479,000 Alliance Land Title
King William K -- None Available
King William K -- Frontier Title Co
King William J $417,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikaelian Daniel $383,200
Previous Owner King William K $360,000
Previous Owner King William K $320,000
Previous Owner King William J $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $479,000 -4.1% $87 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $499,500 -- $91 / 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 $12,190 $177,917 $32,160 $145,757
2022 $12,190 $152,226 $24,516 $127,710
2021 $10,821 $135,000 $23,578 $111,422
2020 $10,833 $135,000 $23,578 $111,422
2019 $10,835 $135,000 $23,578 $111,422
2018 $11,035 $137,308 $23,393 $113,915
2017 $10,851 $135,000 $23,000 $112,000
2016 $11,988 $148,034 $22,812 $125,222
2015 $11,848 $146,976 $22,649 $124,327
2014 $11,198 $143,939 $22,181 $121,758
2013 -- $124,438 $18,789 $105,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11161796

Midwest Real Estate Data (MRED)

APN: 22-28-102-004