NOT LISTED FOR SALE

25291 W Woodland Terrace Unit 2 Lake Villa, IL 60046

Fox Lake Hills Neighborhood

Estimated Value: $261,000 - $305,105

3 Beds
1.5 Baths
1,004 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $240,000 $239 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,971/month

4 Days on Market

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Screened Porch
  • Property is near a park
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of November 2023

Welcome to this charming tri-level home situated on a generously-sized corner lot. This property is located in a desirable neighborhood that provides not only a wonderful home but also access to a subdivision park and piers with Chain O' Lakes water rights, adding to the appeal of this fantastic residence. As you step inside, you'll be greeted by the inviting main floor. The living room features high vaulted ceilings, creating an airy and open atmosphere. Adjacent to the living room, you'll find the eat-in kitchen. It's a perfect hub for culinary creations and family meals. The kitchen also provides access to the screened porch, which is an ideal spot for outdoor dining or relaxation. It provides a connection to the outdoors while keeping you sheltered from the elements. Moving to the upper level, you'll discover three comfortable bedrooms. These bedrooms offer comfort, privacy and plenty of natural light. They share a full bathroom, ensuring convenience for the occupants of this level. The lower level, you'll find an English basement that serves as the family room. This space is versatile and offers ample room for various activities. Additionally, a half bathroom is located here, providing practicality and accommodating the needs of your household. The lower level is also where you'll find the laundry area. Outside, this property comes with a two-car detached garage, ensuring that your vehicles are protected from the elements and providing additional storage space. This tri-level home offers a wonderful blend of indoor and outdoor living, creating an inviting and comfortable atmosphere for you and your family. With access to the subdivision park and piers granting Chain O' Lakes water rights, you'll have opportunities for outdoor recreation and water-based activities right at your doorstep. Don't miss out on the chance to make this your new home!

Last Agent to Sell the Property

Patricia Smarto

Lakes Realty Group License #471000052 Listed on: 10/18/2023

Last Buyer's Agent

Charles Engman

Coldwell Banker Realty License #475173289

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,863

Year Built

  • Built in 1988

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 125x90x150x65
  • Corner Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Split Level Home
  • Tri-Level Property
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,004 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch
  • Laminate Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Partial Basement
  • Sump Pump
  • Finished Basement Bathroom
  • Crawl Space

Outdoor Features

  • Tideland Water Rights
  • Shed

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include lake rights
  • Jennifer Association, Phone Number (847) 875-2202
  • Orchard Gardens Subdivision
  • Property managed by FLH POA
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,863

Year Built

Built in 1988

Lot Details

0

HOA Fees

$12 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Subdivision Name: Orchard Gardens
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial, English
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors
  • LivingArea: 1004
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area, Enclosed Porch
  • Estimated Total Finished Sq Ft: 1532
  • Basement Description: Finished,Crawl
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1532
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch Screened, Storms/Screens
  • Lot Features: Corner Lot, Water Rights
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 138
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Water Rights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FLH POA
  • Management Contact Name: Jennifer
  • Management Phone: 847-875-2202
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights, Other

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.307
  • Lot Dimensions: 125X90X150X65
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4862.72
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 16, 2023
Sold by
Gibbons Arthur L and Gibbons Sandra J
Bought by
Pankow Samantha and Weber Andrew J
Seller's Agent
Patricia Smarto
Lakes Realty Group
Buyer's Agent
Charles Engman
Coldwell Banker Realty
List Price
$236,000
Sold Price
$240,000
Premium/Discount to List
$4,000
1.69%
Views
48
Current Estimated Value
$286,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,526
Avg. Annual Appreciation
9.51%
Original Mortgage
$220,000
Outstanding Balance
$216,515
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$70,011

Purchase Details

Closed on
Jul 27, 1994
Sold by
Sederstrom Lowell and Sederstrom Anna M
Bought by
Gibbons Arthur L and Gibbons Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.41%
Source: Public Records

Range of Values:

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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
Pankow Samantha $240,000 Nippersink Title
Gibbons Arthur L $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pankow Samantha $220,000
Previous Owner Gibbons Arthur L $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $240,000 +1.7% $239 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $236,000 -- $235 / 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 $5,426 $92,673 $13,473 $79,200
2023 $4,863 $81,881 $11,904 $69,977
2022 $4,863 $68,271 $11,628 $56,643
2021 $4,578 $63,420 $10,802 $52,618
2020 $4,491 $61,388 $10,456 $50,932
2019 $4,348 $58,999 $10,049 $48,950
2018 $4,255 $58,650 $11,238 $47,412
2017 $4,094 $57,086 $10,938 $46,148
2016 $4,791 $54,774 $10,495 $44,279
2015 $4,911 $51,157 $9,802 $41,355
2014 $5,324 $58,441 $11,973 $46,468
2012 $5,045 $58,723 $12,031 $46,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11910941

Midwest Real Estate Data (MRED)

APN: 05-01-411-001