NOT LISTED FOR SALE

24506 Lakewoods Ln Shorewood, IL 60404

Estimated Value: $448,127 - $456,000

3 Beds
3.5 Baths
2,585 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $388,000 $150 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,255/month

83 Days on Market

Highlights

  • 3 Car Attached Garage
  • Living Room
  • Central Air
  • Shorewood Elementary School Rated 9+
  • Laundry Room
  • 5-minute walk to Seil Road Park

About This Home

As of May 2023

Don't miss this spacious 3 bedroom plus 1 bedroom below grade 3.1 bathroom home. Kitchen with stainless steel appliances with eating area. Loft overlooking living room with vaulted ceilings. Large family room with fireplace. Master bedroom with private bath and walk-in-closet. Home freshly painted and newer carpet. Large fenced yard for entertaining. Attached 3 car garage. Finished basement with fireplace. Great location. Close to expressway, schools, shopping and parks. A must see!

Last Agent to Sell the Property

Judy Cox

Results Realty ERA Powered License #471008985 Listed on: 02/02/2023

Last Buyer's Agent

Sandy Munoz

RE/MAX 10 License #475187457

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,347

Year Built

  • Built in 2004

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x133

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 2,585 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,347

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • 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

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • LivingArea: 2585
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 70X133
  • 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: 9347
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Patel Ramesh and Patel Saraswati
Bought by
Patel Family Trust and Patel
Current Estimated Value
$452,282

Purchase Details

Listed on
Feb 2, 2023
Closed on
May 25, 2023
Sold by
Kingsmead Asset Holding Trust
Bought by
Patel Ramesh and Patel Saraswati
Seller's Agent
Judy Cox
Results Realty ERA Powered
Buyer's Agent
Sandy Munoz
RE/MAX 10
List Price
$400,000
Sold Price
$388,000
Premium/Discount to List
-$12,000
-3%
Views
258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$310,400
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2020
Sold by
Newlands Asset Holdings Trusts
Bought by
U S Bank Trust Na and Kingsmead Asset Holdings Trusts

Purchase Details

Listed on
Jan 18, 2016
Closed on
Mar 1, 2016
Sold by
Moran Charles and Bank Of America Na
Bought by
U S Bank Trust National Association
Seller's Agent
Mehmed Vulic
Core Realty & Investments Inc.
Buyer's Agent
Stephanie Clauson
Realtopia Real Estate Inc
Sold Price
$2,150

Purchase Details

Closed on
Dec 10, 2015
Sold by
Moran Charles and Bank Of America Na
Bought by
Us Bank Trust National Association and Newlands Asset Holding Trust

Purchase Details

Closed on
Aug 27, 2015
Sold by
Moran Charles and Moran Amy
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 21, 2004
Sold by
First National Bank Of Illinois
Bought by
Moran Charles and Moran Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,800
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
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
Patel Family Trust -- None Listed On Document
Patel Ramesh $388,000 Chicago Title
U S Bank Trust Na -- Chicago Title Insurance Co
U S Bank Trust National Association -- Attorney
Us Bank Trust National Association -- Attorney
Bank Of America Na $251,920 Attorney
Moran Charles $248,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Ramesh $310,400
Previous Owner Moran Charles $238,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $388,000 -3.0% $150 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $400,000 0.0% $155 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $400,000 -1.2% $155 / Sq Ft
02/02/2023 02/02/23 For Sale $405,000 0.0% $157 / Sq Ft
04/01/2019 04/01/19 Rented $2,300 0.0% --
03/05/2019 03/05/19 Under Contract -- -- --
02/22/2019 02/22/19 For Rent $2,300 0.0% --
02/22/2019 02/22/19 Price Changed $2,300 -2.1% $1 / Sq Ft
12/28/2018 12/28/18 Off Market $2,350 -- --
12/16/2018 12/16/18 Price Changed $2,350 -2.1% $1 / Sq Ft
11/16/2018 11/16/18 For Rent $2,400 +11.6% --
03/11/2016 03/11/16 Rented $2,150 0.0% --
02/26/2016 02/26/16 Under Contract -- -- --
01/18/2016 01/18/16 For Rent $2,150 -- --
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 $10,517 $138,317 $21,312 $117,005
2023 $10,517 $122,734 $19,148 $103,586
2022 $9,916 $116,138 $18,119 $98,019
2021 $9,347 $109,255 $17,045 $92,210
2020 $8,839 $102,530 $17,045 $85,485
2019 $8,614 $98,350 $16,350 $82,000
2018 $8,239 $97,450 $16,350 $81,100
2017 $8,007 $93,150 $16,350 $76,800
2016 $7,869 $89,300 $16,350 $72,950
2015 $7,304 $85,418 $14,868 $70,550
2014 $7,304 $83,031 $14,868 $68,163
2013 $7,304 $83,031 $14,868 $68,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11711379

Midwest Real Estate Data (MRED)

APN: 05-06-21-104-006