NOT LISTED FOR SALE

251 W Lake Shore Dr Unit 3 Tower Lakes, IL 60010

Tower Lake Neighborhood

Estimated Value: $1,376,024 - $1,634,000

3 Beds
5.5 Baths
6,820 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $1,080,000 $158 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $10,589/month

4 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • Landscaped Professionally
  • North Barrington Elementary School Rated A
  • Heated Floors
  • 4-minute walk to Barsumian Park

About This Home

As of June 2021

Simply stunning! Inarguably one of the best locations on the lake, this home was designed to take in 180-degree views from the majority of rooms! Boasting 144 feet of lake front adjacent to walking bridge, kayaking and paddle boarding on this peaceful lake are just a few steps away. Every level of this home features the lake view; the paver patio on the walk out level, easy maintenance deck with new cable railing and a screened in porch on the second level and last, a private deck off the master bedroom on the third level. The interior spaces are equally incredible beginning with dramatic 2 story foyer and winding staircase. Flanking the foyer is the jaw dropping library custom built from cherry trees on the property. On the other side is the formal dining room with a convenient butler's pantry that includes wine cooler and beverage fridge. The kitchen is spacious and cook's dream with a 12-foot center island, high end appliances, custom walk-in pantry and a huge eat in area leading to both the screened in porch and open deck. The adjacent family room is so gracious with a coffered ceiling and floor to ceiling real stone fireplace. A flex room/office area, currently used as a craft area, full bath, powder room and a second staircase round out the first floor. On the second floor you will find a one-of-a-kind master suite with vaulted ceilings, cozy fireplace, private deck, luxury bath that includes a steam shower, whirlpool tub, dual vanities, and the crown jewel of walk-in closets that, along with much of the bathroom, was recently completed. The second bedroom has a private full bath, walk in closet and a lovely sitting area. Bedroom 3 shines with vaulted ceilings, lots of closet space and adjacent bath. The lower level is exceptional, with a full kitchen, media/game room, rec room/second family room, exercise room, full bathroom and bonus room that could easily be used as a guest room. All this makes this entire area useable as an in-law suite. Other notable amenities radiant heat throughout the house, custom built wine room, full house backup generator and a large workshop that would make any woodworker jealous. The Tower Lakes area is a wonderful vacation like community with many opportunities to do a much or as little as you would like; swimming, fishing, boating tennis and much more. Special Note: The homeowner appealed and received a $7,000 reduction in future taxes not reflected here.

Last Agent to Sell the Property

Catherine Schmidt

Compass License #475131347 Listed on: 04/05/2021

Compass

Last Buyer's Agent

Suzy Madding

RE/MAX Properties Northwest License #475166852

RE/MAX Properties Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,477

Year Built

  • Built in 2008

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 94 x 157 x 72 x 72 x 169
  • Lake Front
  • Landscaped Professionally
  • Paved or Partially Paved Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick or Stone Mason
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,820 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Coffered Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Bonus Room
  • Workshop
  • Home Gym
  • Water Views

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Access To Lake
  • Tideland Water Rights
  • Balcony
  • Screened Deck
  • Brick Porch or Patio

Location

  • Property is near a park

Schools

  • North Barrington Elementary Scho
  • Barrington Middle School-Prairie
  • Barrington High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Power Generator
  • Community Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include lake rights
  • Custom
  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,477

Year Built

Built in 2008

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Built-In Oven, Range Hood, Water Softener Owned
  • Basement: Full, Walkout
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, Heated Floors, 1st Floor Laundry, Built-in Features, Walk-In Closet(s), 9' Ceiling, Coffered Ceiling(s)
  • LivingArea: 6820
  • Other Equipment: Water-Softener Owned, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Generator
  • Room Type: Library, Eating Area, Office, Recreation Room, Workshop, Exercise Room, Media Room, Foyer, Bonus Room, Kitchen
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Master Bedroom,Basement
  • Square Footage Comments: See floor plans showing living area square feet of appr. 6,820. This includes finished areas of the walk out level. It does not include storage areas, mechanical room, work room & deck/screened-in porch. Assessor square feet shows as 4801.
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Screened Deck, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 1099900
  • Lot Features: Lake Front, Landscaped, Water Rights, Water View, Lake Access
  • Waterfront: Yes
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Brick,Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Steam, Radiant, Zoned
  • Laundry Features: Sink
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Community Features: Park, Tennis Court(s), Lake, Water Rights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Lake Rights, Other

Schools

  • Elementary School: North Barrington Elementary Scho
  • High School: Barrington High School
  • Middle/Junior School: Barrington Middle School-Prairie
  • Middle/Junior School District: 220

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.405
  • Lot Dimensions: 94 X 157 X 72 X 72 X 169
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 25477
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jun 16, 2021
Sold by
Sprinkle Wesley and Sprinkle Jill
Bought by
Stanek Brad S and Johnson Debra R
Seller's Agent
Catherine Schmidt
Compass
Buyer's Agent
Suzy Madding
RE/MAX Properties Northwest
Sold Price
$1,080,000
Current Estimated Value
$1,505,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,006
Avg. Annual Appreciation
6.35%
Original Mortgage
$756,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2000
Sold by
Edens Bank
Bought by
Fulara Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.5%
Source: Public Records

Range of Values:

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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
Stanek Brad S $1,080,000 Chicago Title
Fulara Gary $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanek Brad S $756,000
Previous Owner Sprinkle Wesley $590,000
Previous Owner Sprinkle Wesley $695,000
Previous Owner Sprinkle Wesley $705,000
Previous Owner Fulara Gary $500,000
Previous Owner Fulara Gary $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $1,080,000 -1.8% $158 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/09/2021 04/09/21 For Sale -- -- --
04/05/2021 04/05/21 For Sale $1,099,900 -- $161 / 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 $28,828 $393,912 $35,940 $357,972
2023 $20,157 $359,017 $32,757 $326,260
2022 $20,157 $249,756 $32,035 $217,721
2021 $19,446 $240,720 $31,490 $209,230
2020 $18,987 $239,976 $31,393 $208,583
2019 $25,477 $325,666 $30,565 $295,101
2018 $24,688 $321,612 $50,668 $270,944
2017 $24,465 $315,151 $49,650 $265,501
2016 $23,308 $303,263 $47,777 $255,486
2015 $20,362 $284,434 $44,811 $239,623
2014 $20,519 $277,984 $33,996 $243,988
2012 $19,909 $282,762 $34,580 $248,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11042988

Midwest Real Estate Data (MRED)

APN: 13-02-317-017