NOT LISTED FOR SALE

24559 W Park River Ln Shorewood, IL 60404

Estimated Value: $583,000 - $725,000

5 Beds
5 Baths
5,066 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $309,000 $61 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,233/month

97 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Bedroom
  • Home Office
  • Shorewood Elementary School Rated 9+
  • Sun or Florida Room
  • Walk-In Pantry

About This Home

As of May 2019

Awesome Opportunity in Lake of Woods in Shorewood. Massive solid brick home offering over 5000 sq ft of living space. This property sits on a lot size just shy of an acre (.92 acres) and over looks a pond. Oversized concrete driveway leads to a 3 car attached garage. Brick paver patio and walk-ways. 2 Sided fireplace in the family room. Granite counter tops, ceramic flooring and tons of cabinet/counter space in the kitchen. Enrormous room sizes throughout. Full basement waiting for you finishing touches (if finished can add another 2960 in living sp ft) This home needs some updating but offers so much sq footage for the $$! Don't miss out!

Last Agent to Sell the Property

Edward Lukasik

RE/MAX Professionals License #471020258 Listed on: 12/05/2018

RE/MAX Professionals

Last Buyer's Agent

Maria Jackson

Fathom Realty IL LLC License #475170614

Fathom Realty IL LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,736

Year Built

  • 1995

Lot Details

  • 0.92

HOA Fees

  • $17 per month

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Home Office
  • Sun or Florida Room
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • $9,270 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,736

Year Built

1995

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), 1st Floor Bedroom
  • Number Of Rooms: 10
  • Living Room: Dimensions: 18X16, On Level: Main Level
  • Fireplace Location: Family Room
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 13X09, On Level: 2nd Level
  • Dining Room: Dimensions: 18X16, On Level: Main Level
  • Kitchen Type: Dimensions: 25X18, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Sun/Florida Room, Office
  • Master Bedroom: Dimensions: 22X15, On Level: Main Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X13, On Level: 2nd Level
  • Additional Room 2 Name: Sunroom, Dimensions: 21X14, On Level: Main Level
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level
  • Additional Room 3 Name: Office, Dimensions: 13X09, On Level: Main Level
  • Bedroom 3: Dimensions: 17X15, On Level: 2nd Level
  • Bedroom 4: Dimensions: 18X13, On Level: 2nd Level
  • Estimated Sq Ft: 5066
  • Dining Room Type: Separate
  • Family Room: Dimensions: 26X17, On Level: Main Level

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Waterfront: Yes
  • Acreage: 0.92

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Forced Air, Zoned

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 200
  • Management Contact Name: Andy Midlock
  • Management Phone: 630-679-5417

Fee Information

  • Management Company: Lake of the Woods HOA

Schools

  • School District: 111
  • Junior High Dist: 30C

Lot Info

  • Lot Dimensions: 119X333X120X332
  • Parcel Identification Number: 0506213520040000

Tax Info

  • Taxes: 15987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Apr 29, 2019
Sold by
Insource East Properties Inc
Bought by
Matter Matthew
Seller's Agent
Edward Lukasik
RE/MAX Professionals
Buyer's Agent
Maria Jackson
Fathom Realty IL LLC
List Price
$339,900
Sold Price
$309,000
Premium/Discount to List
-$30,900
-9.09%
Current Estimated Value
$631,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,647
Avg. Annual Appreciation
11.65%
Original Mortgage
$299,730
Outstanding Balance
$269,379
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$362,268

Purchase Details

Closed on
Mar 22, 2018
Sold by
Wells Fargo Bank Na
Bought by
Insource East Properties Inc

Purchase Details

Closed on
Jan 17, 2018
Sold by
Gastelum Edgar and Gastelum Edgar S
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 25, 2011
Sold by
Singh Lali and Lali Singh Revocable Trust
Bought by
Gastelum Edgar S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,606
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2004
Sold by
Singh Bhurji N and Singh Lali
Bought by
Singh Lali and Lali Singh Revocable Trust

Purchase Details

Closed on
Feb 11, 1997
Sold by
Singh Lali and Lali Singh Revocable Trust
Bought by
Singh Bhurji N and Bhurji N Singh Revocable Trust

Purchase Details

Closed on
Oct 12, 1995
Sold by
Singh Bhurji N and Singh Lali
Bought by
Singh Lali and Lali Singh Revocable Trust
Source: Public Records

Range of Values:

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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
Matter Matthew $309,000 Fidelity National Title
Insource East Properties Inc $301,000 Orange Coast Lender Services
Wells Fargo Bank Na -- Premier Title
Gastelum Edgar S $410,000 None Available
Singh Lali -- --
Singh Bhurji N -- --
Singh Lali -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matter Matthew $299,730
Previous Owner Gastelum Edgar S $399,606
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $309,000 -3.4% $61 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
02/12/2019 02/12/19 Price Changed $319,900 -5.9% $63 / Sq Ft
02/08/2019 02/08/19 For Sale $339,900 0.0% $67 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
01/08/2019 01/08/19 Price Changed $339,900 -2.9% $67 / Sq Ft
12/05/2018 12/05/18 For Sale $349,900 -- $69 / 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 $10,736 $139,468 $34,933 $104,535
2023 $10,736 $125,308 $31,386 $93,922
2022 $9,612 $118,573 $29,699 $88,874
2021 $9,030 $111,546 $27,939 $83,607
2020 $8,740 $107,378 $27,939 $79,439
2019 $9,021 $189,150 $26,800 $162,350
2018 $16,698 $185,350 $26,800 $158,550
2017 $15,987 $180,000 $26,800 $153,200
2016 $15,704 $172,250 $26,800 $145,450
2015 $15,945 $162,850 $24,700 $138,150
2014 $15,945 $180,975 $24,700 $156,275
2013 $15,945 $180,975 $24,700 $156,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10149916

Midwest Real Estate Data (MRED)

APN: 05-06-21-352-004