Seller's Agent in 2025
Reba Spreitzer
Baird Warner
(815) 404-1795
1 in this area
23 Total Sales
248 Summit Dr Tower Lakes, IL 60010
Tower Lake NeighborhoodEstimated Value: $362,000 - $458,000
3
Beds
2
Baths
1,568
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Water Views
- Open Floorplan
- Community Lake
- North Barrington Elementary School Rated A
- Mature Trees
- 1-minute walk to Barsumian Park
About This Home
As of March 2025VACATION LIVING YEAR ROUND!! In this sought-after lake community of Tower Lakes. Enjoy the expansive Lake Views, sandy beaches, boat launches, where you can also swim, boat, fish, hike, play tennis or Pickle ball and even play soccer. Or relax in your beautiful Sun Room which opens to a large patio graced by fantastic mature trees. Open concept in Living Room, Dinning Room, Kitchen, and tons of cabinets so you can share living with others at it's best. Bring your decorating ideas and transform this home into your dream home today. Award winning Barrington Schools just puts icing on the cake. A must see! Being sold AS IS
Last Agent to Sell the Property
Baird & Warner License #475123174 Listed on: 01/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,082
Year Built
- Built in 1947 | Remodeled in 2008
Lot Details
- 18,731 Sq Ft Lot
- Lot Dimensions are 127x50x107x235x27x37
- Corner Lot
- Paved or Partially Paved Lot
- Mature Trees
- Wooded Lot
- Additional Parcels
HOA Fees
- $67 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,568 Sq Ft Home
- 1.5-Story Property
- Open Floorplan
- 1 Fireplace
- Shades
- Sliding Doors
- Family Room
- Combination Dining and Living Room
- Sun or Florida Room
- Water Views
- Unfinished Attic
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Partial Basement
- Finished Basement Bathroom
Outdoor Features
- Tideland Water Rights
- Patio
Location
- Property is near park
Schools
- North Barrington Elementary Scho
- Barrington Middle School-Station
- Barrington High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Shared Well
- Private or Community Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Tower Lakes Subdivision
- Community Lake
Recreation
- Tennis Courts
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2025
Closed on
Mar 6, 2025
Sold by
Bought by
Seller's Agent
Reba Spreitzer
Baird & Warner
Buyer's Agent
Arlene Fields
Baird & Warner
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,466
Avg. Annual Appreciation
10.37%
Original Mortgage
$342,000
Outstanding Balance
$338,574
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$69,892
Purchase Details
Closed on
May 1, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 26, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,600
Interest Rate
6.08%
Mortgage Type
Balloon
Purchase Details
Closed on
Aug 7, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
8.15%
Purchase Details
Closed on
Jun 16, 1997
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
8%
Mortgage Type
Balloon
Purchase Details
Closed on
Oct 24, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $360,000 | Baird & Warner Title | ||
| $362,000 | Multiple | ||
| $349,500 | Ticor Title Insurance Compan | ||
| $289,000 | -- | ||
| $220,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $342,000 | ||
| Previous Owner | $132,000 | ||
| Previous Owner | $279,600 | ||
| Previous Owner | $248,500 | ||
| Previous Owner | $187,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2025 03/10/25 | Sold | $360,000 | -2.7% | $230 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 02/03/2025 02/03/25 | For Sale | $370,000 | 0.0% | $236 / Sq Ft |
| 01/23/2025 01/23/25 | Pending | -- | -- | -- |
| 01/22/2025 01/22/25 | For Sale | $370,000 | 0.0% | $236 / Sq Ft |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | For Sale | $370,000 | -- | $236 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $8,150 | $128,514 | $26,745 | $101,769 |
| 2024 | $7,803 | $107,362 | $25,222 | $82,140 |
| 2023 | $7,803 | $97,852 | $22,988 | $74,864 |
| 2022 | $7,243 | $89,047 | $26,005 | $63,042 |
| 2021 | $7,127 | $87,533 | $25,563 | $61,970 |
| 2020 | $6,966 | $87,262 | $25,484 | $61,778 |
| 2019 | $6,723 | $84,960 | $24,812 | $60,148 |
| 2018 | $6,971 | $89,683 | $33,476 | $56,207 |
| 2017 | $6,922 | $87,882 | $32,804 | $55,078 |
| 2016 | $6,160 | $98,912 | $31,567 | $67,345 |
| 2015 | $6,948 | $92,771 | $29,607 | $63,164 |
| 2014 | $6,910 | $89,521 | $24,865 | $64,656 |
| 2012 | $6,704 | $91,059 | $25,292 | $65,767 |
Source: Public Records
Agents Affiliated with this Home
-
Reba Spreitzer
-
Arlene Fields
Buyer's Agent in 2025
Arlene Fields
Baird Warner
(847) 363-9283
1 in this area
64 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12264485
APN: 13-02-300-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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