Seller's Agent in 2022
Greg Anderson
Baird Warner
(847) 650-7171
1 in this area
198 Total Sales
23803 N Forest Dr Lake Zurich, IL 60047
Forest Lake NeighborhoodEstimated Value: $521,000 - $552,485
5
Beds
2
Baths
2,395
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Water Views
- Access To Lake
- Colonial Architecture
- Spencer Loomis Elementary School Rated A
- Property fronts a channel
- Mature Trees
About This Home
As of May 2022Here's the affordable and very well cared for waterfront home, with large fenced lot and spectacular views!! With 5 bedrooms on the 2nd floor, everyone gets their own space!! Located on a cul-de-sac dead-end street, you'll love the privacy and large fenced lot with panoramic views of the water from most rooms. This home features many updates and upgrades such as a 7 year old roof, 9 year old vinyl siding, newer gutter guards, steel insulated doors (2019), newly finished hardwood flooring, solid wood doors and oak trim t/o, water heater (2018), washer/dryer (2021), brand new "NEST" thermostat, new ceramic tile floors in the laundry/entry, updated bath, fireplace w/heatilator, and so much more! The electric service has been updated, and there is 60 amp service in the heated garage w/workbench and work area (perfect for working in year round). The backyard offers tons of fenced yard space w/spectacular views of water & nature, a steel sea wall, and lots of mature landscaping - nature right at your doorstep!Enjoy lounging on your deck every evening, watching sunsets in front of a bonfire! The home's gorgeous view of the bay and channel access to 42 acre Forest Lake, make this a very affordable dream home. Straight from the Forest Lake Subdivision website, "Welcome to Forest Lake, a community which encompasses a 42-acre private lake, offering dues-paying residents swimming, fishing, non-motorized boating (electric trolling allowed) and family-fun activities....Summer in Forest Lake brings swimmers to the lake's three beaches, boaters cruising the lake at sunset, and Fourth of July neighborhood picnics. Winter, too, is enjoyed by residents as ice fishermen, skaters, and cross-country skiers frequent the ice." Enjoy activities year round such as Breakfast with Santa, the Halloween Parade, and the Ice Fishing Derby. This is a rare gem! Don't lose out on the opportunity to enjoy waterfront paradise!
Last Agent to Sell the Property
Baird & Warner License #475111145 Listed on: 02/23/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,000
Year Built
- Built in 1938
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 60x77x77x19x40x118x152
- Property fronts a channel
- Fenced Yard
- Paved or Partially Paved Lot
- Mature Trees
- Backs to Trees or Woods
HOA Fees
- $19 Monthly HOA Fees
Parking
- 2.5 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,395 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Heatilator
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Wood Flooring
- Water Views
- Carbon Monoxide Detectors
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Basement
- Sump Pump
- Crawl Space
Outdoor Features
- Access To Lake
- Tideland Water Rights
- Deck
- Shed
Location
- Property is near a park
Schools
- Lake Zurich High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Well
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include clubhouse, lake rights
- Forest Lake Subdivision
- Community Lake
Amenities
- Clubhouse
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2022
Closed on
May 13, 2022
Sold by
Tufano and Nancy
Bought by
Mcgarrigle Edward W and Mcgarrigle Marisa D
Seller's Agent
Greg Anderson
Baird & Warner
Buyer's Agent
Barry Mann
Coldwell Banker Realty
List Price
$425,000
Sold Price
$411,500
Premium/Discount to List
-$13,500
-3.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,371
Avg. Annual Appreciation
7.37%
Original Mortgage
$390,925
Outstanding Balance
$373,632
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$145,554
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcgarrigle Edward W | $411,500 | New Title Company Name |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgarrigle Edward W | $390,925 | |
| Previous Owner | Tufano Dominick | $80,000 | |
| Previous Owner | Tufano Dominick | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2022 05/19/22 | Sold | $411,500 | -3.2% | $172 / Sq Ft |
| 04/12/2022 04/12/22 | Pending | -- | -- | -- |
| 02/23/2022 02/23/22 | For Sale | $425,000 | -- | $177 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,493 | $152,850 | $38,231 | $114,619 |
| 2023 | $8,429 | $137,726 | $34,448 | $103,278 |
| 2022 | $8,429 | $120,609 | $33,782 | $86,827 |
| 2021 | $8,155 | $117,518 | $32,916 | $84,602 |
| 2020 | $8,000 | $117,518 | $32,916 | $84,602 |
| 2019 | $7,883 | $116,493 | $32,629 | $83,864 |
| 2018 | $8,015 | $120,130 | $35,104 | $85,026 |
| 2017 | $7,949 | $118,682 | $34,681 | $84,001 |
| 2016 | $7,910 | $114,924 | $33,583 | $81,341 |
| 2015 | $7,714 | $109,462 | $31,987 | $77,475 |
| 2014 | $7,669 | $105,629 | $34,895 | $70,734 |
| 2012 | $7,589 | $105,851 | $34,968 | $70,883 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Anderson
-
Kelly Anderson
Seller Co-Listing Agent in 2022
Kelly Anderson
Baird Warner
(847) 668-7934
1 in this area
208 Total Sales
-
Barry Mann
B
Buyer's Agent in 2022
Barry Mann
Coldwell Banker Realty
1 in this area
25 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11330817
APN: 14-15-103-008
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