Seller's Agent in 2016
Cynthia Griffin
Fawn Ridge Real Estate Co.
(815) 238-7597
135 Total Sales
25-55 Cottage Hill Dr Lanark, IL 61046
Estimated Value: $1,086,000 - $1,404,000
4
Beds
3.5
Baths
4,100
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Lake View
- Waterfront
- Main Floor Primary Bedroom
- Eastland Elementary School Rated A-
- Deck
- 3 Fireplaces
About This Home
As of December 2016They say "A PICTURE IS WORTH A THOUSAND WORDS" and so you will find within these pictures this one of a kind, fabulously remodeled custom built entertainment waterfront home. Whether you're looking for that quick weekend getaway with plenty of room for guests or a permanent full time residence, this home lacks for nothing. Positioned to maximize the views and beauty of Lake Carroll, this home welcomes all who come down its circular drive. With upgrades galore you will see how its flawless architectural lay-out showcases unrivaled 180 degree panoramic views; open floor plan kitchen/great room with 1 of 3 fireplaces and vaulted ceilings with 2 story expansive windows; sprawling double level decks with 4 season outdoor hot tub; gourmet kitchen that is designed to offer function and efficiency while not overlooking luxury featuring Monogram, Bosch & U-Line appliances, 4 season glass enclosed room with Heatilator fireplace; main floor study, exercise & laundry rooms; walk out lower level with full working bar and TV/family entertainment room, bedroom, sewing room (or a non-conforming bedroom), full bath and screened-in porch; professionally designed landscape and tree enhanced acreage; storage galore not only within the home but also in the 4.5 car radiant heated garage with ramp and staircase accessible 54' x 21' reinforced attic above the garage. This could easily be made into the perfect Man-Cave or a nice recreation area/bunk room for the kids. Just to mention, 2 of the bedroom are Master En Suite Bedrooms, one on the main level making it the perfect guest en suite and the second is a sprawling second floor loft with spectacular upper level lake views, fire place, full bath and an additional carpeted bonus room that can be used for storage or potential additional bedroom turning the upstairs Master loft into a full retreat "Double Room" Master Suite. Home has been converted to Nicor. New HW heater and GE Monogram commercial stove/oven, all fireplaces converted as well as outdoor grill in 2014. 4-car garage is heated, has shelving units and floor drains. Whatever the thought, it can be yours. Pier and boat lift stay with the house. The pictures give you a good idea of the beauty of this home but this home is truly a MUST see to appreciate. Views: Waterfront, Lake View, Panorama, Country View. All property sales subject to LCA transfer fee.
Last Agent to Sell the Property
Fawn Ridge Real Estate Co. License #475129416 Listed on: 05/10/2016
Last Buyer's Agent
Fawn Ridge Real Estate Co. License #475129416 Listed on: 05/10/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,862
Year Built
- Built in 1989
Lot Details
- 1.47 Acre Lot
- Waterfront
HOA Fees
- $133 Monthly HOA Fees
Property Views
- Lake Views
- Countryside Views
Home Design
- Shingle Roof
- Cedar
Interior Spaces
- 4,100 Sq Ft Home
- 1.5-Story Property
- 3 Fireplaces
- Gas Fireplace
- Screened Porch
Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 4 Car Garage
- Garage Door Opener
- Driveway
Outdoor Features
- Deck
Schools
- Eastland Elementary And Middle School
- Eastland High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Well
- Natural Gas Water Heater
- Water Softener
- Septic System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2017
Sold by
Mulay Gail E
Bought by
Balsano Bruce and Balsano Christine L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$210,317
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,014,136
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Balsano Bruce | -- | Attorney Only |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Balsano Bruce | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2016 12/09/16 | Sold | $760,000 | -4.9% | $185 / Sq Ft |
| 09/07/2016 09/07/16 | Pending | -- | -- | -- |
| 05/10/2016 05/10/16 | For Sale | $798,900 | -- | $195 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
Tax History Compared to Growth
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 | $22,862 | $437,838 | $121,870 | $315,968 |
| 2023 | $22,862 | $376,423 | $108,077 | $268,346 |
| 2022 | $19,317 | $328,038 | $94,185 | $233,853 |
| 2021 | $18,119 | $290,301 | $83,351 | $206,950 |
| 2020 | $17,335 | $281,844 | $80,922 | $200,922 |
| 2019 | $17,643 | $279,009 | $92,748 | $186,261 |
| 2018 | $16,307 | $251,360 | $83,557 | $167,803 |
| 2017 | $15,688 | $251,361 | $83,557 | $167,804 |
| 2016 | $15,366 | $246,762 | $83,557 | $163,205 |
| 2015 | $18,823 | $296,067 | $87,957 | $208,110 |
| 2014 | $14,052 | $266,745 | $79,246 | $187,499 |
| 2013 | $14,052 | $238,165 | $70,755 | $167,410 |
Source: Public Records
Agents Affiliated with this Home
-
Cynthia Griffin
Map
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 118226
APN: 04-04-01-225-055
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