NOT LISTED FOR SALE

207 Mainsail Dr Unit 3 Third Lake, IL 60030

Estimated Value: $436,000 - $453,000

3 Beds
3 Baths
2,400 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $270,000 $112 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,183/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Whirlpool Bathtub
  • Grayslake North High School Rated A
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of August 2015

Resort living all year round. Be part of it all. Motor boats, skiing & fishing are part of your life in Wonderful Mariner's Cove. This home is located across the street from the Third Lake on one of the most beautiful streets in Mariner's Cove. Enjoy the breezes and spectacular sunsets. Boat launch and dock within walking distance to home. Nicely updated home that has already been pre-inspected by licensed inspector

Last Agent to Sell the Property

Jay Reid

HomeSmart Connect LLC License #471006747 Listed on: 06/01/2015

HomeSmart Connect LLC

Last Buyer's Agent

Ghita Mueller

Compass License #475113280

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,800

Year Built

  • 1989

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $13 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Dining Area
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Eco-Friendly Details

  • North or South Exposure

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Rights
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,800

Year Built

1989

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1989
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished, Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: Shades
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 26X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Eating Area, Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: Shades
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 2400
  • Family Room: Dimensions: 19X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance, Lake Rights
  • Assessment Association Fees: 150

Schools

  • School District: 127
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 70 X 130
  • Lot Description: Fenced Yard, Landscaped Professionally, Water Rights
  • Parcel Identification Number: 06242030160000

Tax Info

  • Taxes: 10817.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 13, 2015
Sold by
Ahlemeyer Sharon
Bought by
Schwab Brian J and Schwab Pamela J
Seller's Agent
Jay Reid
HomeSmart Connect LLC
Buyer's Agent
Ghita Mueller
Compass
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
$443,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,594
Avg. Annual Appreciation
4.98%
Original Mortgage
$256,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2013
Closed on
May 25, 2013
Sold by
Reiter Matthew and Reiter Angela
Bought by
Ahlemeyer Sharon
Seller's Agent
James Gramata
@properties Christie's International Real Estate
Buyer's Agent
Karey Walker
@properties Christie's International Real Estate
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$220,924
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2001
Sold by
Schmidt John R and Schmidt Kathleen M
Bought by
Reiter Matthew and Reiter Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
7.26%
Source: Public Records

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Range of Values:

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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
Schwab Brian J $270,000 Greater Metropolitan Title L
Ahlemeyer Sharon $225,000 Proper Title Llc
Reiter Matthew $256,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schwab Brian J $235,600
Closed Schwab Brian J $256,500
Previous Owner Ahlemeyer Sharon $220,924
Previous Owner Reiter Matthew $189,450
Previous Owner Reiter Matthew $198,300
Previous Owner Reiter Matthew $45,000
Previous Owner Reiter Matthew $236,000
Previous Owner Reiter Matthew $243,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2015 08/13/15 Sold $270,000 -1.8% $113 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $275,000 +22.2% $115 / Sq Ft
06/05/2013 06/05/13 Sold $225,000 -6.3% $94 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $240,000 -- $100 / 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 $9,800 $112,053 $25,598 $86,455
2023 $10,569 $97,942 $22,374 $75,568
2022 $10,569 $101,136 $13,262 $87,874
2021 $10,469 $97,209 $12,747 $84,462
2020 $10,502 $92,491 $12,128 $80,363
2019 $10,144 $88,738 $11,636 $77,102
2018 $12,313 $106,739 $18,269 $88,470
2017 $12,263 $100,404 $17,185 $83,219
2016 $11,775 $92,684 $15,864 $76,820
2015 $11,594 $81,737 $14,493 $67,244
2014 $9,622 $71,806 $11,038 $60,768
2012 $10,082 $79,590 $11,528 $68,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08938843

Midwest Real Estate Data (MRED)

APN: 06-24-203-016