NOT LISTED FOR SALE

21-23 Forest Hill Dr Lanark, IL 61046

Estimated Value: $766,000 - $1,228,000

4 Beds
4 Baths
3,672 Sq Ft
$290/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $730,000 $199 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,449/month

26 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Ranch Style House
  • Eastland Elementary School Rated A-
  • Deck
  • 3 Fireplaces

About This Home

As of November 2016

This could quite possibly be the best lot at Lake Carroll! Magnificent and sweeping panoramic view from this "POINT" lakefront lot. The home has been renovated in the past 4 years and is gorgeous inside. All 4 full baths have been refurbished. This Lake Home has been Quality built in 1988 by one of the area's premier builders. The essence of this home is reminiscent of the "Prairie Movement" The theme is OPEN and the Post & Beam construction is timeless. You will enjoy floor to ceiling windows with views from almost every room. There is a brilliant mix of mahogany & oak wood and natural light that will inspire. There are 3 Fireplaces, Hardwood Floors, a main floor master suite and decks surrounding. There is a completely finished lower level with Walkout to the view of the lake. There is a gazebo at the lake and a dock. There has been extensive updating on the grounds and patio areas. There are charming pathways to ramble and enjoy the 1.98 acre property. Privately located at the end of a cul-de-sac. Has 280 Feet of lake frontage.

Last Agent to Sell the Property

JULIE WENZEL

RE/MAX TOWN LAKE & COUNTRY License #471009335 Listed on: 09/08/2016

RE/MAX TOWN LAKE & COUNTRY

Last Buyer's Agent

Thomas Miller

Fawn Ridge Real Estate Co. License #471002496

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,098

Year Built

  • Built in 1988

Lot Details

  • 1.98 Acre Lot
  • Waterfront

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3 Fireplaces
  • Wood Burning Fireplace
  • Lake Views
  • Laundry on main level

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Fuel Tank
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,098

Year Built

Built in 1988

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Type: Water Front, Lake View, Panorama
  • Electric: Circuit Breaker
  • Additional Room 6: main, On Level: Main
  • Additional Room 7: LL
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Refrigerator, Stove/Cooktop, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 2042
  • Estimated Below Grade Finished Sq Ft: 1630
  • Front: 31
  • General Features: Deck, Laundry 1st Floor, Porch Covered
  • Grid: Lake Carroll
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 1.98
  • Lvt Date: 09/08/2016
  • Rear: 285
  • Side 1: 460
  • Side 2: 510
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_4320
  • Egress: Yes
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 3672
  • Garage Type Driveway: Attached, Garage Remote/Opener
  • Pertinent Facts: This could quite possibly be the best lot at Lake Carroll! Magnificent and sweeping panoramic view from this "POINT" lakefront lot. The home has been renovated in the past 4 years and is gorgeous inside. All 4 full baths have been refurbished. This Lake Home has been Quality built in 1988 by one of the area's premier builders. The essence of this home is reminiscent of the "Prairie Movement" The theme is OPEN and the Post & Beam construction is timeless. You will enjoy floor to ceiling windows with views from almost every room. There is a brilliant mix of mahogany & oak wood and natural light that will inspire. There are 3 Fireplaces, Hardwood Floors, a main floor master suite and decks surrounding. There is a completely finished lower level with Walkout to the view of the lake. There is a gazebo at the lake and a dock. There has been extensive updating on the grounds and patio areas. There are charming pathways to ramble and enjoy the 1.98 acre property. Privately located at the end of a cul-de-sac. Has 280 Feet of lake frontage.
  • Designated Managing Broker Y N: Yes
  • L O1 Brokerage Number: 481010581
  • S O1 Brokerage Number: 478013044
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 3
  • Price Per Sq Ft: 198.8
  • Total Bathrooms: 4
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Sewer: Septic
  • Water: Well
  • Water Heater: LP Gas

Condo/Co-op/Association

  • HOA Fees: 1596

Schools

  • School District: Eastland
  • Elementary School: Eastland
  • Middle School: Eastland
  • High School: Eastland
  • Elementary School #2: Eastland

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2015
  • Taxes: 14098

MLS Schools

  • HighSchool: Eastland
  • School District: Eastland
  • Middle School: Eastland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Oct 24, 2016
Sold by
Jason Friedrichs and Jason Amanda
Bought by
Ozzello David C and Ozzello Megan C
Seller's Agent
JULIE WENZEL
RE/MAX TOWN LAKE & COUNTRY
Buyer's Agent
Thomas Miller
Fawn Ridge Real Estate Co.
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%
Current Estimated Value
$1,064,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,095
Avg. Annual Appreciation
4.21%
Original Mortgage
$584,000
Outstanding Balance
$471,360
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$576,291
Source: Public Records

Range of Values:

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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
Ozzello David C $720,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozzello David C $584,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $730,000 -8.6% $199 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $799,000 +21.1% $218 / Sq Ft
10/11/2012 10/11/12 Sold $660,000 -9.0% $180 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $725,000 -- $197 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $17,879 $342,409 $101,559 $240,850
2023 $17,879 $321,249 $90,066 $231,183
2022 $16,485 $279,956 $78,489 $201,467
2021 $15,463 $247,748 $69,459 $178,289
2020 $14,794 $240,533 $67,436 $173,097
2019 $15,286 $241,735 $77,290 $164,445
2018 $14,129 $217,780 $69,631 $148,149
2017 $14,162 $217,780 $69,631 $148,149
2016 $14,194 $217,780 $69,631 $148,149
2015 $13,890 $214,046 $73,298 $140,748
2014 $11,672 $192,848 $66,039 $126,809
2013 $11,672 $172,185 $58,963 $113,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 118440

NorthWest Illinois Alliance of REALTORS®

APN: 04-04-13-421-023