NOT LISTED FOR SALE

Estimated Value: $299,000 - $326,000

2 Beds
2 Baths
972 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $225,200 $232 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,082/month

18 Days on Market

Highlights

  • Community Lake
  • Clubhouse
  • Stainless Steel Appliances
  • Spencer Loomis Elementary School Rated A
  • Property is near a park
  • 2 Car Detached Garage

About This Home

As of June 2021

Affordable lake living! Desirable Forest Lake 2 story only steps from private beaches and water fun. Fishing (ice fishing too)...Swimming...Sailing...Boating (electric motors only)...Ice skating...3 beaches...42 acre, private lake for Forest Lake residents only... Community club house...Park...2 spacious bedrooms each with their own walk-in closet and extra storage...2 baths...Hardwood and Porcelain floors throughout...Walkout basement...Sharp kitchen with 42" cabinets...Huge deck...2 car garage... A true recreational playground awaits! Close to wonderful shopping opportunities and terrific schools. Available Immediately. Enjoy the summer fun just around the corner!

Last Agent to Sell the Property

Tracey Galitz

Baird & Warner License #475161820 Listed on: 04/22/2021

Baird & Warner

Last Buyer's Agent

Anca Mosutiu

Real 1 Realty License #475175386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,191

Year Built

  • Built in 1938 | Remodeled in 2002

Lot Details

  • 6,599 Sq Ft Lot
  • Lot Dimensions are 40x134x35x129
  • Paved or Partially Paved Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 972 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Additional Features

  • Tideland Water Rights
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include lake rights
  • Forest Lake Subdivision
  • Community Lake

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,191

Year Built

Built in 1938 | Remodeled in 2002

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Forest Lake
  • Year Built: 1938
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2002

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener Owned
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 972
  • Other Equipment: Water-Softener Owned
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 225000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Lake, Water Rights, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Lake Rights

Schools

  • Middle/Junior School District: 95

Lot Info

  • Lot Size Acres: 0.1515
  • Lot Dimensions: 40X134X35X129
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4190.84
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 8, 2021
Sold by
Vanoerburg Becky L
Bought by
Phillips Timothy C
Seller's Agent
Tracey Galitz
Baird & Warner
Buyer's Agent
Anca Mosutiu
Real 1 Realty
Sold Price
$225,200
Current Estimated Value
$310,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,524
Avg. Annual Appreciation
7.18%
Original Mortgage
$202,680
Outstanding Balance
$185,092
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$116,461

Purchase Details

Closed on
Aug 24, 2001
Sold by
Thalhammer William E and Thalhammer Susan B
Bought by
Vanderburg Jerry L and Vanderburg Becky L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.5%
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
Phillips Timothy C $225,500 Chicago Title Insurance Co
Vanderburg Jerry L $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Timothy C $202,680
Previous Owner Vanderburg Jerry L $125,000
Previous Owner Vanderburg Becky L $72,167
Previous Owner Vanderburg Jerry L $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $225,200 +0.1% $232 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/10/2021 05/10/21 For Sale -- -- --
04/22/2021 04/22/21 For Sale $225,000 -- $231 / 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 $4,458 $76,482 $22,932 $53,550
2023 $4,485 $68,915 $20,663 $48,252
2022 $4,485 $66,988 $25,669 $41,319
2021 $4,335 $65,271 $25,011 $40,260
2020 $4,252 $65,271 $25,011 $40,260
2019 $4,191 $64,702 $24,793 $39,909
2018 $4,273 $66,866 $26,673 $40,193
2017 $4,237 $66,061 $26,352 $39,709
2016 $4,210 $63,970 $25,518 $38,452
2015 $3,587 $54,105 $24,305 $29,800
2014 $3,525 $51,783 $23,433 $28,350
2012 $3,738 $51,892 $23,482 $28,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11062901

Midwest Real Estate Data (MRED)

APN: 14-10-416-014