NOT LISTED FOR SALE

227 Mainsail Dr Unit 3 Third Lake, IL 60030

Estimated Value: $434,000 - $507,000

4 Beds
2.5 Baths
2,800 Sq Ft
$165/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $330,000 $118 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,264/month

Highlights

  • Water Views
  • Colonial Architecture
  • Deck
  • Grayslake North High School Rated A
  • Community Lake
  • Property is near a park

About This Home

As of June 2022

Come see this Mariner's Cove home with a rare and deep 3 car garage. Water-view is across the street keeping taxes managable. 2800 sq. ft roomy home with great floor plan and wood floors on 1st floor. Big deck to nice back yard, fences appear to be allowed. 2 sets of W/D hook ups- 1 in basement one on 2nd floor (in use). Hall bath and powder room are nicely updated. Water heater is newer, HVAC is 1 year old, roof and gutters are 2 years old, cedar paint/ stain is 2 years old. HOA includes access to two lakes, 1 motor 1 non-motor. Live the lake life!

Last Agent to Sell the Property

Renee O'Brien

Keller Williams North Shore West License #475130092 Listed on: 03/07/2022

Keller Williams North Shore West

Last Buyer's Agent

Tina Henry

Coldwell Banker Realty License #475103526

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,542

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 44 x 129 x 95 x 120
  • Paved or Partially Paved Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Ceiling Fan
  • Skylights
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Water Views
  • Unfinished Attic

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Partially Finished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Tideland Water Rights
  • Deck

Schools

  • Grayslake Middle School
  • Grayslake Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Satellite Dish

Additional Features

  • Air Exchanger
  • Property is near a park

Community Details

  • Association fees include insurance, lake rights
  • Mariners Cove Subdivision
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,542

Year Built

Built in 1989

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Mariners Cove
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Bar-Dry
  • LivingArea: 2800
  • Other Equipment: Humidifier, TV-Dish, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Air Exchanger
  • Room Type: Eating Area, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 325000
  • Lot Features: Water View
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Water Rights, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Insurance, Lake Rights

Schools

  • Elementary School: Grayslake Middle School
  • High School: Grayslake Central High School
  • Middle/Junior School: Grayslake Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 44 X 129 X 95 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10541.7
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2011
Sold by
Bockenkamp Daniel W and Boekenkamp Jeanette M
Bought by
Korn Albert
Current Estimated Value
$462,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,680
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2007
Sold by
Schmitt Justin D and Schmitt Dana E
Bought by
Boekenkamp Jeanette M and Boekenkamp Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,800
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2004
Sold by
Robbins Timothy Lee and Robbins Ninette F
Bought by
Schmitt Justin D and Schmitt Dana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1997
Sold by
Finkel David A and Finkel Christine A
Bought by
Robbins Timothy Lee and Robbins Ninette F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
7.71%

Purchase Details

Closed on
May 3, 1996
Sold by
Miller Scott K and Miller Janice
Bought by
Finkel David A and Finkel Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.37%

Purchase Details

Closed on
May 31, 1994
Sold by
Roberts Donald L and Roberts Catherine J
Bought by
Miller Scott K and Miller Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.48%
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
Korn Albert $278,000 Fidelity National Title
Boekenkamp Jeanette M $343,500 Burnet Title
Schmitt Justin D $360,000 First American Title
Robbins Timothy Lee $166,333 Greater Illinois Title Compa
Finkel David A $245,000 --
Miller Scott K $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgaughy David P $50,000
Previous Owner Korn Albert $270,680
Previous Owner Boekenkamp Jeanette M $268,816
Previous Owner Boekenkamp Jeanette M $274,800
Previous Owner Schmitt Justin D $288,000
Previous Owner Robbins Timothy L $98,000
Previous Owner Robbins Timothy L $227,500
Previous Owner Robbins Timothy L $29,996
Previous Owner Robbins Timothy L $22,575
Previous Owner Robbins Timothy L $6,032
Previous Owner Robbins Timothy L $20,000
Previous Owner Robbins Timothy Lee $199,600
Previous Owner Finkel David A $196,000
Previous Owner Miller Scott K $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $330,000 +1.5% $118 / Sq Ft
06/03/2022 06/03/22 For Sale $325,000 -- $116 / 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 $9,708 $111,084 $25,315 $85,769
2023 $9,708 $97,095 $22,127 $74,968
2022 $10,608 $101,490 $12,891 $88,599
2021 $10,508 $97,549 $12,390 $85,159
2020 $10,542 $92,816 $11,789 $81,027
2019 $10,182 $89,050 $11,311 $77,739
2018 $11,742 $102,078 $17,571 $84,507
2017 $11,693 $96,019 $16,528 $79,491
2016 $11,225 $88,636 $15,257 $73,379
2015 $10,945 $80,975 $13,938 $67,037
2014 $10,171 $75,570 $10,599 $64,971
2012 $9,991 $78,924 $11,069 $67,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11341861

Midwest Real Estate Data (MRED)

APN: 06-24-203-006