NOT LISTED FOR SALE

242 Summit Dr Tower Lakes, IL 60010

Tower Lake Neighborhood

Estimated Value: $320,561 - $421,000

2 Beds
2 Baths
1,736 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $265,000 $153 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,500/month

About This Home

~STOP THE CAR~NEW TO THE MARKET AFTER 30 YEARS WITH WATER VIEW OF TOWER LAKES - ATTENTION FIRST TIME HOME OWNERS, TOWER LAKES LOVERS, INVESTORS- MUST SEE THIS HIDDEN GEM OOZING CHARACTER AND CHARM BROUGHT TO MARKET. BRICK HILLSIDE RANCH HAS UNDERGONE QUITE A TRANSFORMATION SO YOU CAN MAKE IT HOME, FEATURING 2 BEDROOMS, 2 BATHS, 2 MASONRY FIREPLACES, DOUBLE DECKER ENCLOSED PORCHES TO ENJOY THE VIEWS ON EITHER LEVEL. KITCHEN OFFERS SS APPLIANCES, GRANITE COUNTER, FRESHLY WHITE PAINTED CABINETS WITH BRONZE RUBBED HANDLES, KNOBS. DINING ROOM WITH WALL OF WINDOWS TO TAKE IN EVERY SEASON AT THE LAKE. LARGE LIVING ROOM RECENT IMPROVEMENTS/REMODELING INCLUDE WHOLE HOME PAINTED, INSTALLATION OF LIFETIME VINYL TILE IN LOWER LEVEL FAMILY ROOM. FURNACE INSTALLED 2019, SEPTIC INSPECTED LATE 2019, NEW 220 LINE INSTALLED FOR DRYER, NEW WATER SOFTENER, SIDING PAINTED ON FRONT OF HOME. A RARE OPPORTUNITY CAN NOW BE YOURS-WITH INTEREST SO LOW, YOU CAN LIVE IN THIS PRIZED COMMUNITY FOR MUCH LESS RENT AND BE ENJOYING ALL OF THE AMENITIES OF THE LAKE- BEACH, SWIMMING,FISHING,SAILING,KAYAKING, CANOEING, PADDLE BOARD YOGA AND THE THEIR OWN FIREWORKS, AND NUMEROUS OTHER EVENTS. ITS A LIFESTYLE.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 8, 2020
Sold by
Kellman Jeffrey A and Kellman Sandra Y
Bought by
Holland Thomas
Seller's Agent
Rebecca Pajich
Keller Williams Success Realty
Buyer's Agent
Greg Anderson
Baird & Warner
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$364,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,640
Avg. Annual Appreciation
6.04%
Original Mortgage
$257,050
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Holland Thomas $265,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holland Thomas $257,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $265,000 0.0% $153 / Sq Ft View Prior Sale
09/04/2020 09/04/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $265,000 -- $153 / Sq Ft

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 $6,425 $79,801 $12,283 $67,518
2023 $5,377 $72,732 $11,196 $61,536
2022 $5,377 $59,826 $12,664 $47,162
2021 $5,299 $58,809 $12,449 $46,360
2020 $4,845 $54,312 $12,411 $41,901
2019 $4,685 $52,879 $12,084 $40,795
2018 $4,286 $48,248 $13,746 $34,502
2017 $4,251 $47,279 $13,470 $33,809
2016 $3,567 $45,496 $12,962 $32,534
2015 $3,417 $42,671 $12,157 $30,514
2014 $4,524 $54,745 $10,209 $44,536
2012 $4,379 $55,687 $10,385 $45,302
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Pajich

    Seller's Agent in 2020

    Rebecca Pajich

    Keller Williams Success Realty

    (847) 609-6875

    53 Total Sales

    Rebecca Pajich
    Section Image
  • Greg Anderson

    Buyer's Agent in 2020

    Greg Anderson

    Baird Warner

    (847) 650-7171

    194 Total Sales

    Greg Anderson
    Section Image
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Map

Illinois Lake County Tower Lakes 60010 Tower Lake

242 Summit Dr, Tower Lakes, IL

Not Listed for Sale

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