NOT LISTED FOR SALE

Estimated Value: $434,000 - $459,000

4 Beds
2.5 Baths
2,270 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $392,500 $173 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,225/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Laundry Room
  • Loft
  • Living Room
  • 4-minute walk to Prairie Woods Park

About This Home

As of September 2023

For sale and for rent! Discover the epitome of modern living in the heart of Island Lake, within the exclusive Prairie Woods development. Set in a private community enveloped by the natural splendor of woodlands, farmland, and untouched nature, this four-bedroom, two-and-a-half bathroom haven offers an idyllic retreat. Step into the grand foyer and be welcomed into the expansive great room, seamlessly connecting to the open-concept kitchen and dining area. The kitchen boasts a sizable island that doubles as a gathering space, while a pantry ensures you have ample storage for your culinary adventures. The luxurious primary suite is a sanctuary of its own, featuring a generous walk-in closet to accommodate your entire wardrobe and a private full bath that beckons relaxation. The additional bedrooms are generously proportioned, each thoughtfully designed with abundant closet space to keep your living space clutter-free. This home not only embraces comfortable living indoors but extends its allure to the outdoors. A two-car garage ensures your vehicles are well cared for while offering extra storage space for your convenience. The backyard, a sprawling expanse of tranquility, is fully fenced to provide the utmost privacy. Revel in the beauty of your surroundings as you step onto the stunning paver patio, the perfect spot for al fresco dining, relaxation, and creating cherished memories. A blank canvas awaits in the unfinished basement, ready for your imaginative touch to transform it into the ultimate entertainment hub, a serene home office, or a versatile fitness area - the options are limitless. Island Lake, with its charming character and sense of community, offers a variety of outdoor recreational opportunities including boating, fishing, and hiking. Enjoy the serene waters of Island Lake and maintain a connection with nature, all while being conveniently located near urban amenities and major thoroughfares for easy commuting. Welcome home!

Last Agent to Rent the Property

Jason Merel

eXp Realty License #475154828 Listed on: 09/05/2023

eXp Realty

Last Renter's Agent

Christie Gabriel

Keller Williams Inspire License #475203002

Keller Williams Inspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,337

Year Built

  • Built in 2014

Lot Details

  • 0.31

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Family or Dining Combination
  • Loft
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Renee Shopp Association, Phone Number (847) 650-9121
  • Property managed by First Services Residential

Listing and Financial Details

  • Property Available on 9/17/23
  • Rent includes water, parking

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,337

Year Built

Built in 2014

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-09-17
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Detached
  • Rental Price: 2700
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 2 Stories
  • Property Sub-Type: Detached
  • Year Built: 2014
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2270
  • Other Equipment: CO Detectors, Sump Pump, Radon Mitigation System
  • Room Type: Loft
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 2700
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Rent Includes: Water, Parking
  • Management Company: First Services Residential
  • Management Contact Name: Renee Shopp
  • Management Phone: 847-650-9121

Schools

  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: 13504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 20, 2023
Sold by
Laraki James
Bought by
Martin Alec and Ulutas Murat
Seller's Agent
Juan Ignacio Bustelo
Compass
Buyer's Agent
Jason Merel
eXp Realty
List Price
$385,000
Sold Price
$392,500
Premium/Discount to List
$7,500
1.95%
Views
78
Current Estimated Value
$447,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,161
Avg. Annual Appreciation
5.36%
Original Mortgage
$313,950
Outstanding Balance
$306,567
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$141,094

Purchase Details

Closed on
Nov 17, 2015
Sold by
Laraki Sarah A and Laraki James
Bought by
Laraki James and Laraki Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2014
Sold by
K Hovnanian At Island Lake Llc
Bought by
Laraki Sarah A and Laraki James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,255
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2013
Sold by
Blue Prairie Woods Llc
Bought by
K Hovnanian Island Lake Llc and K Hovnanian Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,000,000
Interest Rate
7.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2011
Sold by
Prairie Woods Associates Llc
Bought by
Synergy Property Holdings Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Martin Alec $392,500 --
Laraki James -- Fidelity Natl Title
Laraki Sarah A $262,000 Chicago Title
K Hovnanian Island Lake Llc $27,000 None Available
Synergy Property Holdings Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Alec $313,950
Previous Owner Laraki James $250,000
Previous Owner Laraki Sarah A $253,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Rented $2,700 0.0% --
09/05/2023 09/05/23 For Rent $2,700 0.0% --
03/22/2023 03/22/23 Sold $392,500 +1.9% $173 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $385,000 -- $170 / 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 $10,337 $128,451 $24,715 $103,736
2023 $10,031 $115,192 $22,164 $93,028
2022 $9,160 $101,151 $18,684 $82,467
2021 $8,780 $94,835 $17,517 $77,318
2020 $8,619 $91,992 $16,992 $75,000
2019 $8,406 $87,461 $16,155 $71,306
2018 $9,003 $84,717 $13,219 $71,498
2017 $8,831 $81,162 $12,664 $68,498
2016 $8,715 $76,895 $12,083 $64,812
2013 -- $3,835 $3,835 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11877228

Midwest Real Estate Data (MRED)

APN: 15-17-276-009