NOT LISTED FOR SALE

Estimated Value: $404,000 - $521,000

3 Beds
2 Baths
1,788 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $412,500 $231 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,367/month

65 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Community Lake
  • Spencer Loomis Elementary School Rated A
  • Mature Trees
  • Wood Burning Stove

About This Home

As of July 2022

WATERFRONT LOCATION!!! Ever want to feel like you are on vacation everyday? Here's the home that you have been dreaming of....wake up every morning thinking you are in a bed & breakfast in a quaint little town with a 42 acre lake steps from your backdoor. Well this is what you will experience if you run to this one of a kind vacation like home in Forest Lake. Enjoy your morning cup of coffee or tea while you experience tranquility at its finest. Then finish your day with a glass of wine watching breathtaking sunsets right from your patio. Walk into this home with a good size kitchen and an expansive eat-in area. The large living room has a panoramic view of the lake accented by a wood burning stove. A full size bathroom doubles up as a powder room. The laundry is also conveniently located in the main floor. Upstairs offers 3 good sized bedrooms ready for you to pick the flooring of your choice. The lower level is a walkout to the patio perfect for family entertaining with lots of storage in the utility room. 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." Forest Lake subdivision is a hidden gem tucked away amidst all life's conveniences: major expressways, restaurants, shopping, award winning schools. Note that the Seller is selling the house "AS-IS"---the windows will need to be replaced, the 1st floor bath needs a shower glass door and the 2nd floor will need floor coverings.

Last Agent to Sell the Property

Elizabeth Goodchild

Realty of America License #471009852 Listed on: 03/25/2022

Realty of America

Co-Listed By

Giavanna Laukert

Berkshire Hathaway HomeServices Starck Real Estate License #475195704

Last Buyer's Agent

Tara Kelleher

@properties Christie's International Real Estate License #475126785

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,595

Year Built

  • Built in 1941

Lot Details

  • 6,495 Sq Ft Lot
  • Lake Front
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

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

Interior Spaces

  • 1,788 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Burning Stove
  • Family Room
  • Living Room with Fireplace
  • Water Views
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Recreation or Family Area in Basement

Outdoor Features

  • Tideland Water Rights
  • Docks
  • Patio

Schools

  • Spencer Loomis Elementary School
  • Lake Zurich Middle - N Campus
  • Lake Zurich High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include lake rights
  • Forest Lake Subdivision
  • Community Lake

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,595

Year Built

Built in 1941

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Forest Lake
  • Year Built: 1941
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 244
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Interior Amenities: First Floor Full Bath, Built-in Features
  • LivingArea: 1788
  • Other Equipment: CO Detectors
  • Room Type: Eating Area
  • Estimated Total Finished Sq Ft: 1788
  • Basement Description: Partially Finished,Exterior Access,Concrete (Basement),Rec/Family Area
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1544
  • Basement Sq Ft: 436
  • Fireplace Location: Living Room
  • Total Sq Ft: 1980
  • Unfinished Basement Sq Ft: 192
  • Upper Level Sq Ft: 440
  • Main Level Sq Ft: 1104

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 425000
  • Lot Features: Lake Front, Water Rights, Water View, Wooded, Mature Trees, Waterfront
  • OtherStructures: Boat Dock, Garage(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Community Features: Lake, Dock, Water Rights
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights

Schools

  • Elementary School: Spencer Loomis Elementary School
  • High School: Lake Zurich High School
  • Middle/Junior School: Lake Zurich Middle - N Campus
  • Middle/Junior School District: 95

Lot Info

  • Lot Size Acres: 0.1491
  • Lot Dimensions: 6495
  • Rural (Y/N): N
  • 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: 6594.62
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Jul 8, 2022
Sold by
Bouffard Todd T and Bouffard Anna L
Bought by
Connors Charles and Connors Traci
Seller's Agent
Elizabeth Goodchild
Realty of America
Buyer's Agent
Tara Kelleher
@properties Christie's International Real Estate
List Price
$450,000
Sold Price
$412,500
Premium/Discount to List
-$37,500
-8.33%
Current Estimated Value
$483,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,878
Avg. Annual Appreciation
2.64%

Purchase Details

Closed on
Aug 25, 2014
Sold by
Bouffard Todd
Bought by
Bouffard Todd T and Ciccone Anna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2010
Sold by
Bouffard Todd and Bouffard Kathy
Bought by
Bouffard Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,750
Interest Rate
5.01%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Connors Charles $412,500 Heritage Title
Bouffard Todd T -- Precision Title
Bouffard Todd -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bouffard Todd T $222,000
Previous Owner Bouffard Todd $12,750
Previous Owner Bouffard Todd $216,727
Previous Owner Bouffard Todd $50,000
Previous Owner Bouffard Todd $145,672
Previous Owner Bouffard Todd $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $412,500 -2.9% $231 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
04/14/2022 04/14/22 Price Changed $425,000 -2.3% $238 / Sq Ft
04/07/2022 04/07/22 Price Changed $435,000 -3.3% $243 / Sq Ft
03/25/2022 03/25/22 For Sale $450,000 -- $252 / 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 $8,424 $127,754 $34,932 $92,822
2023 $7,052 $115,114 $31,476 $83,638
2022 $7,052 $101,894 $30,867 $71,027
2021 $6,822 $99,283 $30,076 $69,207
2020 $6,692 $99,283 $30,076 $69,207
2019 $6,595 $98,417 $29,814 $68,603
2018 $7,597 $114,174 $32,076 $82,098
2017 $7,534 $112,797 $31,689 $81,108
2016 $7,496 $109,226 $30,686 $78,540
2015 $7,309 $104,035 $29,228 $74,807
2014 $7,345 $101,010 $32,718 $68,292
2012 $7,298 $101,638 $32,787 $68,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11356679

Midwest Real Estate Data (MRED)

APN: 14-10-415-007