NOT LISTED FOR SALE

Estimated Value: $252,000 - $358,000

3 Beds
1 Bath
2,513 Sq Ft
$125/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $245,000 $97 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,090/month

24 Days on Market

Highlights

  • Property fronts a lake that is connected to a chain of lakes
  • Deck
  • Built-In Double Oven
  • Property fronts a channel
  • Formal Dining Room
  • Skylights

About This Home

As of April 2023

Beautiful and very well-maintained waterfront house on Nippersink Creek! This channel leads directly out to Nippersink Lake and Pistakee Lake (Chain O' Lakes.) This home features 3 bedrooms, a wood burning fireplace (gas start), stainless steel appliances, a cooktop island with a quartz countertop, and four lite multi-slide patio doors with an amazing view of the channel from your living room that leads out to a spacious deck overseeing your beautiful yard perfect for entertaining your guest. And when the mood strikes you and your guest just stroll down to your boat pier for a little fishing or swimming and or jump in your boat to entertain them on the Chain O' Lakes for some amazing sunsets, fishing, boating, skiing, tubbing and more! If winter activities are more to your taste, you can enjoy some ice fishing or speed it up a little with some snowmobiling. All this right from your own property! Other activities in the area to enjoy are horseback riding, hiking trails, boat racing, archery, picnicking, cross country skiing and more. This home is also one of the few in the area that has a full basement (unfinished.) Electrical, plumbing, insulation, and siding were replaced in 2005. Septic Tank 2015, Humidifier 2017, Water Softener 2018, Hot Water Heater 2018, Roof (complete tear off) 2018, multi-slide patio doors 2018, Furnace and A/C 2020. This is the perfect home for year-round living or a great weekend getaway. Why drive hours away into Wisconsin when you can take an hour ride from the city to relax at your own property. This is also a great rental investment!

Last Agent to Sell the Property

David Banach

HomeSmart Connect LLC Listed on: 01/05/2023

HomeSmart Connect LLC

Last Buyer's Agent

Marilyn Durante

Lakes Realty Group License #471020098

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,078

Year Built

  • Built in 1945

Lot Details

  • Property fronts a channel
  • Property fronts a lake that is connected to a chain of lakes

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,513 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Partially Carpeted
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Double Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Tideland Water Rights
  • Deck

Schools

  • Grant Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Community Details

  • Nippersink Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,078

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Nippersink Terrace
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Built-In Oven, Water Softener, Water Softener Owned, Electric Cooktop
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), First Floor Laundry, Some Carpeting, Some Wood Floors, Separate Dining Room
  • LivingArea: 2513
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1414
  • Assessed Sq Ft: 2513
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1414
  • Basement Sq Ft: 1099
  • Fireplace Location: Living Room
  • Total Sq Ft: 2513
  • Unfinished Basement Sq Ft: 1099
  • Main Level Sq Ft: 1414
  • Door Features: Sliding Glass Door(s)
  • Window Features: Double Pane Windows,Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 245000
  • Lot Features: Chain of Lakes Frontage, Channel Front, Water Rights, Water View, Lake Access, Waterfront
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Laundry Closet
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Grant Community High School
  • Middle/Junior School District: 114

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 7126
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5077.76
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Mar 27, 2023
Sold by
Dyal-Sylvester Belinda
Bought by
Schacht Christina
Seller's Agent
David Banach
HomeSmart Connect LLC
Buyer's Agent
Marilyn Durante
Lakes Realty Group
List Price
$245,000
Sold Price
$245,000
Views
90
Current Estimated Value
$314,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,287
Avg. Annual Appreciation
10.43%
Original Mortgage
$120,000
Outstanding Balance
$106,437
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$207,850

Purchase Details

Closed on
May 13, 2004
Sold by
Raucci Anthony A and Raucci Lynette
Bought by
Sylvester Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,025
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Kuhfuss Lynette C and Raucci Lynette
Bought by
Raucci Anthony A and Raucci Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,667
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 2001
Sold by
Sinden Johnnie W and Sinden Bette Lee
Bought by
Kuhfuss Lynette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.69%
Source: Public Records

Range of Values:

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Average Value
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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
Schacht Christina $245,000 Citywide Title
Sylvester Kenneth $185,000 Chicago Title Insurance Comp
Raucci Anthony A -- Stewart Title Company
Kuhfuss Lynette C $148,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schacht Christina $120,000
Previous Owner Sylvester Kenneth $160,025
Previous Owner Raucci Anthony A $140,667
Previous Owner Kuhfuss Lynette C $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $245,000 0.0% $97 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $245,000 -- $97 / 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 $5,090 $75,987 $14,848 $61,139
2023 $5,261 $71,585 $13,988 $57,597
2022 $5,261 $69,447 $11,296 $58,151
2021 $5,078 $65,461 $10,648 $54,813
2020 $4,496 $57,697 $10,497 $47,200
2019 $4,274 $55,329 $10,066 $45,263
2018 $3,618 $47,617 $15,788 $31,829
2017 $3,516 $44,013 $14,593 $29,420
2016 $3,519 $40,253 $13,346 $26,907
2015 $3,374 $37,563 $12,454 $25,109
2014 $5,537 $51,003 $12,250 $38,753
2012 $5,361 $62,511 $13,835 $48,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11681117

Midwest Real Estate Data (MRED)

APN: 05-04-110-016