NOT LISTED FOR SALE

24-123 Wagon Wheel Dr Lanark, IL 61046

Estimated Value: $413,000 - $547,000

4 Beds
3.5 Baths
3,780 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $500,000 $132 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,579/month

132 Days on Market

Highlights

  • Equestrian Center
  • Horses Allowed in Community
  • Deck
  • Eastland Elementary School Rated A-
  • Countryside Views
  • Ranch Style House

About This Home

As of August 2024

Fabulous REBUILT home on 2.77 acre EQUESTRIAN LOT. This home has been completely rebuilt from the studs in and out! All new interior, new walls, baths, kitchen, floors. NEW siding, roof and NEW 3 stall garage. Beautiful open floor plan with big great room area that includes living room with fireplace, huge deluxe kitchen, dining room and main floor laundry. Also on the main floor is a half bath and 2 master suites with private full bathrooms. The lower level is fully finished with 2 bedrooms, a full bath and a big family room with sliders opening to a stamped concrete patio and lovely grass play area. The views from this home are lovely and it is conveniently located near Peace and Quiet road entrance.

Last Agent to Sell the Property

JULIE WENZEL

RE/MAX TOWN LAKE & COUNTRY License #471009335 Listed on: 03/11/2024

RE/MAX TOWN LAKE & COUNTRY

Last Buyer's Agent

JULIE WENZEL

RE/MAX TOWN LAKE & COUNTRY License #471009335 Listed on: 03/11/2024

RE/MAX TOWN LAKE & COUNTRY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 2006

Lot Details

  • 2.77

HOA Fees

  • $213 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Great Room
  • Countryside Views
  • Laundry on main level

Kitchen

  • Stove
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

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

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic System

Additional Features

  • 2.77 Acre Lot
  • Equestrian Center

Community Details

Overview

  • Association fees include pool access, clubhouse

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,059

Year Built

Built in 2006

Lot Details

0

HOA Fees

$213 per month

Listing Details

  • Interior Amenities: Ceiling Fan(s), Countertop-Solid Surface, Walk-In Closet
  • Road Frontage: Hard Surface Road
  • Type: Country View, Equestrian, Panorama
  • Electric: Circuit Breaker
  • Additional Room 5: Laundry, Dimensions: 7.6x5, On Level: Main
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1890
  • Estimated Below Grade Finished Sq Ft: 1890
  • Exemptions: Owner
  • Fee Includes: Pool Access, Clubhouse
  • General Features: Basement Entrance, Deck, Great Room, Horses Allowed, Laundry 1st Floor, L.L. Finished Space, Main Floor Primary, Partial Exposure, Patio-Stamp Concrete, Porch Covered
  • Hoa Fee Frequency: Yearly
  • Legal Description: LOT 123 SECTION 24 SADDLEWOOD POINT LAKE CARROLL
  • Lot Acreage: 2.77
  • Lvt Date: 03/12/2024
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_4320
  • Egress: Yes
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 3780
  • Garage Type Driveway: Detached, Garage Remote/Opener, Gravel, Concrete
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Fabulous REBUILT home on 2.77 acre EQUESTRIAN LOT. This home has been completely rebuilt from the studs in and out! All new interior, new walls, baths, kitchen, floors. NEW siding, roof and NEW 3 stall garage. Beautiful open floor plan with big great room area that includes living room with fireplace, huge deluxe kitchen, dining room and main floor laundry. Also on the main floor is a half bath and 2 master suites with private full bathrooms. The lower level is fully finished with 2 bedrooms, a full bath and a big family room with sliders opening to a stamped concrete patio and lovely grass play area. The views from this home are lovely and it is conveniently located near Peace and Quiet road entrance.
  • Rental License: No
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 1890
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 17x13.7, On Level: Main
  • Fireplace Type: Gas
  • Basement: Basement Entrance, Partial Exposure
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 13.6x11.6, On Level: Walk Out
  • Bedroom 4: Dimensions: 12x10.6, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 19x11.6
  • Family Room: Yes, On Level: Walk Out, Dimensions: 27.6x27
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Room: Yes, On Level: Main, Dimensions: 28x16
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fees: 2558

Schools

  • Elementary School #2: Eastland

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2022
  • Taxes: 5059

MLS Schools

  • HighSchool: Eastland
  • School District: Eastland
  • Middle School: Eastland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Aug 30, 2024
Sold by
High Limit Properties Llc
Bought by
Farrias Matthew and Farias Teresa
Seller's Agent
JULIE WENZEL
RE/MAX TOWN LAKE & COUNTRY
Buyer's Agent
JULIE WENZEL
RE/MAX TOWN LAKE & COUNTRY
List Price
$579,000
Sold Price
$500,000
Premium/Discount to List
-$79,000
-13.64%
Views
35
Current Estimated Value
$495,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,643
Avg. Annual Appreciation
-0.70%
Original Mortgage
$400,000
Outstanding Balance
$387,903
Interest Rate
0.66%
Mortgage Type
Construction
Estimated Equity
$107,454

Purchase Details

Listed on
Aug 11, 2023
Closed on
Aug 11, 2023
Sold by
Gruendler Trisha D
Bought by
High Limit Properties Llc
Seller's Agent
PATTI KLOEPPING
RE/MAX TOWN LAKE & COUNTRY
Buyer's Agent
JULIE WENZEL
RE/MAX TOWN LAKE & COUNTRY
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.93%

Purchase Details

Closed on
Jan 25, 2008
Bought by
Gruendler David E and Gruendler Trisha D
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
Farrias Matthew $475,000 Security First Title
High Limit Properties Llc $225,000 Security First Title
Gruendler David E $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrias Matthew $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $500,000 -7.2% $132 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $539,000 -6.9% $143 / Sq Ft
03/11/2024 03/11/24 For Sale $579,000 +157.3% $153 / Sq Ft
08/11/2023 08/11/23 Sold $225,000 0.0% $119 / Sq Ft View Prior Sale
08/11/2023 08/11/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $225,000 -- $119 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $9,157 $163,027 $3,726 $159,301
2023 $9,157 $99,662 $3,280 $96,382
2022 $5,060 $86,288 $2,840 $83,448
2021 $4,694 $76,361 $2,513 $73,848
2020 $4,465 $73,779 $2,428 $71,351
2019 $3,498 $59,019 $2,569 $56,450
2018 $3,556 $59,019 $2,569 $56,450
2017 $3,551 $59,018 $2,568 $56,450
2016 $3,552 $59,018 $2,568 $56,450
2015 $3,722 $60,493 $3,457 $57,036
2014 $3,614 $63,071 $3,605 $59,466
2013 $3,614 $61,234 $3,500 $57,734
Source: Public Records

Agents Affiliated with this Home

  • JULIE WENZEL

    Seller's Agent in 2024

    JULIE WENZEL

    RE/MAX

    (815) 541-1001

    167 Total Sales

    JULIE WENZEL
    Section Image
  • PATTI KLOEPPING

    Seller's Agent in 2023

    PATTI KLOEPPING

    RE/MAX

    (815) 266-4020

    60 Total Sales

    PATTI KLOEPPING
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202401036

NorthWest Illinois Alliance of REALTORS®

APN: 01-05-06-324-123

Illinois Carroll County Lanark 61046

24-123 Wagon Wheel Dr, Lanark, IL

Not Listed for Sale

Detached

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