NOT LISTED FOR SALE

25-86 Lake Carroll Blvd Lanark, IL 61046

Estimated Value: $877,000 - $1,089,000

1 Bed
3.5 Baths
4,020 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $972,500 $242 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,323/month

Highlights

  • Docks
  • Access To Lake
  • Spa
  • Eastland Elementary School Rated A-
  • Boat Slip
  • Second Garage

About This Home

As of May 2024

Ideally located two hours west of Chicago, awaits your dream lakefront vacation home in the exclusive community of Lake Carroll. Situated on over an acre and a half of flat land, this stunning property offers the perfect blend of luxury, comfort, and breathtaking natural beauty. With 5 bedrooms, 3.5 baths, and an expansive open floor plan, this home provides ample space for both relaxation and entertaining. As you step inside, you'll be greeted by hardwood flooring, vaulted ceilings, an abundance of natural light and most importantly, unobstructed views of the Lake. The interior is designed to maximize the stunning water views, creating a serene and tranquil atmosphere throughout. The primary master suite on the main floor is a true oasis that boasts a spa-like ensuite bathroom with a double vanity, walk-in shower, and separate tub and large walk-in closet. Main floor features also include a large laundry room and pantry, oversized eat-in kitchen, and direct access to a 3 car heated garage. Lower level includes 4 generously sized bedrooms, 2 full bathrooms, game room, and large rec room, perfect for hosting multi-generational families through all seasons. Lower level walkway also includes access to the lower garage, ideal for all of your lake toys! Step outside to your backyard, complete with a hot tub, swingset, firepit, gazebo, and two levels of wrap-around covered porch with updated decking, providing the perfect setting for outdoor dining, lounging, and soaking up the sun. With waterfront access, you'll have your very own private beach (281 ft to be exact) and boat piers, allowing you to fully embrace the lakefront lifestyle. In addition to the incredible amenities of the home itself, Lake Carroll offers a host of exclusive community features. Enjoy a round of golf at the award-winning course, relax at the club house, or embark on an exhilarating ATV adventure. The marina is perfect for boating enthusiasts, while the ski hill and pools provide endless opportunities for outdoor recreation. Don't miss out on this incredible opportunity to own a vacation home in the prestigious Lake Carroll community. Please see private broker notes for list of home updates, and click the link for 3D walkthrough!

Last Agent to Sell the Property

Robin Allotta

Compass License #475107645 Listed on: 03/12/2024

Compass

Co-Listed By

Jaclyn Etchingham

Compass License #475184734

Last Buyer's Agent

Brian Borchardt

A-1 Agency License #471004534

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,510

Year Built

  • Built in 1990

Lot Details

  • 1.67 Acre Lot
  • Lot Dimensions are 62x410x281x570
  • Waterfront
  • Landscaped Professionally
  • Mature Trees

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Second Garage
  • Multiple Garages
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Walk-Out Ranch
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 4,020 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Game Room
  • Water Views

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 1 Bedroom
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Lookout

Outdoor Features

  • Spa
  • Access To Lake
  • Boat Slip
  • Docks
  • Balcony
  • Deck
  • Fire Pit
  • Gazebo
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

Overview

  • Association fees include pool, lake rights
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,510

Year Built

Built in 1990

Lot Details

0

HOA Fees

$215 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Walk-Out Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1990
  • Age: 31-40 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, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 1
  • Fireplace Features: Double Sided, Gas Log, More than one
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hot Tub, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Ceiling - 10 Foot, Beamed Ceilings, Open Floorplan, Some Carpeting, Drapes/Blinds
  • LivingArea: 4020
  • Room Type: Bedroom 5, Game Room, Family Room, Foyer, Walk In Closet, Balcony/Porch/Lanai
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access,Lookout,Rec/Family Area,Walk-Up Access
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 4
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Hot Tub, Boat Slip, Outdoor Grill, Fire Pit, Other
  • List Price: 1100000
  • Lot Features: Landscaped, Water View, Mature Trees, Dock, Lake Access, Views, Waterfront
  • OtherStructures: Gazebo, Second Garage
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 6
  • ParkingTotal: 6
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 2585
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Pool, Horse-Riding Trails, Lake
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Pool, Lake Rights

Schools

  • Middle/Junior School District: 308

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.67
  • Lot Dimensions: 62X410X281X570
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 16509.5
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
May 4, 2024
Sold by
Sullivan Michael E and Sullivan Debora M
Bought by
Kostelnik Joseph R and Vandenelzen Jamie
Seller's Agent
Robin Allotta
Compass
Buyer's Agent
Brian Borchardt
A-1 Agency
List Price
$1,100,000
Sold Price
$972,500
Premium/Discount to List
-$127,500
-11.59%
Views
8
Current Estimated Value
$1,005,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,499
Avg. Annual Appreciation
3.07%
Original Mortgage
$729,375
Interest Rate
0.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 18, 2004
Bought by
Sullivan Michael and Sullivan Debora
Source: Public Records

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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
Kostelnik Joseph R $972,500 Chicago Title Agency
Sullivan Michael $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kostelnik Joseph R $729,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $972,500 0.0% $242 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/13/2024 03/13/24 Off Market $972,500 -- --
03/12/2024 03/12/24 For Sale $1,100,000 -- $274 / 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
2023 $18,048 $302,590 $83,221 $219,369
2022 $16,510 $261,983 $72,053 $189,930
2021 $15,466 $231,844 $63,764 $168,080
2020 $14,756 $224,004 $61,608 $162,396
2019 $15,038 $227,407 $65,194 $162,213
2018 $15,286 $227,407 $65,194 $162,213
2017 $15,264 $227,408 $65,195 $162,213
2016 $15,270 $227,408 $65,195 $162,213
2015 $15,584 $228,209 $65,195 $163,014
2014 $15,287 $237,933 $67,973 $169,960
2013 $15,287 $231,003 $65,993 $165,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12002507

Midwest Real Estate Data (MRED)

APN: 01-05-06-225-086