NOT LISTED FOR SALE

223 Mainsail Dr Third Lake, IL 60030

Estimated Value: $370,000 - $417,000

3 Beds
3 Baths
1,792 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $214,900 $120 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,767/month

4 Days on Market

Highlights

  • Water Views
  • Deck
  • Porch
  • Grayslake North High School Rated A
  • Vaulted Ceiling
  • Attached Garage

About This Home

As of June 2019

Opportunity knocking! Meticulously Maintained Home in BEAUTIFUL Mariners Cove! This FABULOUS Community with Lake rights to both Druce & Third Lake! Residents only beach allows for exclusive access to swim, fish, boat & more! Enjoy Sunset Views of Third Lake From Your Welcoming Front Porch or head out back to your Entertaining Deck in your own private backyard with a gas grill. Deck overlooks mature landscaping. The homes interior features a Welcoming Foyer, 3 Spacious Bedrooms, Vaulted Ceilings, Fireplace, Cabinets galore! Large Unfinished Basement With additional Cement Crawl. Major updates to the home include roof (2002 with a 30-year shingle), Trane furnace and air conditioner (~2009), hot water tank (2018).

Last Agent to Sell the Property

Kathleen Bak

Gates and Gables Realty License #471018038 Listed on: 05/19/2019

Last Buyer's Agent

Sean Wheeler

Picket Fence Realty Mt. Prospect

Home Details

Home Type

  • Single Family

Year Built

  • 1988

Lot Details

  • 8,712

HOA Fees

  • $13 per month

Parking

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

Home Design

  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Water Views

Kitchen

  • Oven or Range
  • Disposal

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1988

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV Antenna, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished, Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X10, On Level: Main Level
  • Kitchen Type: Dimensions: 17X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X13, On Level: 2nd Level
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level
  • Estimated Sq Ft: 1792
  • Family Room: Dimensions: 19X14, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Exterior Property Features: Deck, Porch
  • Acreage: 0.2

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
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Lake Rights
  • Assessed Sq Ft: 1792
  • Assessment Association Fees: 150
  • Management Contact Name: Jim Lamb
  • Management Phone: 847-421-8474

Fee Information

  • Management Company: Mariners Cove

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 66X126X74X124
  • Lot Description: Water Rights, Water View
  • Parcel Identification Number: 06242030080000

Tax Info

  • Taxes: 8743.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2019
Closed on
Jun 17, 2019
Sold by
Kavich Dolores D
Bought by
Wehrmann Michael A and Wehrmann Karen M
Seller's Agent
Kathleen Bak
Gates and Gables Realty
Buyer's Agent
Sean Wheeler
Picket Fence Realty Mt. Prospect
List Price
$214,900
Sold Price
$214,900
Current Estimated Value
$403,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,196
Avg. Annual Appreciation
9.98%
Original Mortgage
$211,007
Outstanding Balance
$185,602
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$217,494
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wehrmann Michael A $215,000 Affinity Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wehrmann Michael A $211,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $214,900 0.0% $120 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/19/2019 05/19/19 For Sale $214,900 -- $120 / 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 $7,939 $92,509 $24,703 $67,806
2023 $8,638 $80,860 $21,593 $59,267
2022 $8,638 $83,751 $12,890 $70,861
2021 $8,551 $80,498 $12,389 $68,109
2020 $8,296 $74,322 $11,789 $62,533
2019 $7,405 $71,306 $11,311 $59,995
2018 $8,806 $83,255 $17,571 $65,684
2017 $8,744 $78,313 $16,528 $61,785
2016 $8,326 $72,291 $15,257 $57,034
2015 $8,036 $66,043 $13,938 $52,105
2014 $7,285 $60,549 $10,599 $49,950
2012 $7,363 $63,236 $11,069 $52,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10385491

Midwest Real Estate Data (MRED)

APN: 06-24-203-008