Seller's Agent in 2025
Joseph Palatinus
Illinois Real Estate Partners Inc
(630) 618-7672
1 in this area
21 Total Sales
294 Mainsail Dr Third Lake, IL 60030
4
Beds
3
Baths
2,143
Sq Ft
8,664
Sq Ft Lot
Highlights
- Wood Flooring
- Main Floor Bedroom
- Beamed Ceilings
- Grayslake North High School Rated A
- Loft
- Skylights
About This Home
As of July 2025Discover your dream home nestled in the heart of Mariner's Cove, perfectly positioned between the serene Third Lake and tranquil Druce Lake. This beautifully remodeled residence boasts 4 spacious bedrooms and 3 full bathrooms, making it an ideal retreat for families and entertainers alike. As you enter, you are welcomed by an expansive living room featuring breathtaking vaulted ceilings and gorgeous hardwood flooring that flows seamlessly throughout the entire home. The heart of the home is the chef's dream kitchen, equipped with stunning tile work, luxurious quartz countertops, and high-end stainless steel appliances, Unique touches like a pot filler, cup rinser, and a convenient peninsula elevate your cooking experience to new heights. The property offers generously sized bedrooms, each thoughtfully designed to maximize comfort and style. The elegantly tiled bathrooms further enhance the home's charm, while a grand lofted space provides additional versatility. Abundant natural light pours in through the numerous windows, creating a warm and inviting atmosphere. The largest bedroom presents endless possibilities, whether you envision it as a grand master suite, a spacious office, or a lively entertainment area. The choice is yours! Step outside to enjoy direct access to a sandy beach and lakefront, perfect for leisurely picnics, kayaking, and boating adventures. Mariner's Cove is a vibrant community that provides year-round recreational opportunities, from fishing in the summer to ice skating in the winter, ensuring there's always something to enjoy. Surrounded by the stunning Rollins Savanna Forest Preserve, this home is conveniently located near shopping, dining, the highway, and the historic downtown area of Grayslake. Don't miss your chance to own this exquisite residence that combines luxury, comfort, and a perfect lakeside lifestyle. Schedule your private tour today!
Last Agent to Sell the Property
Illinois Real Estate Partners Inc License #475164726 Listed on: 04/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,751
Year Built
- Built in 1988 | Remodeled in 2025
Lot Details
- 8,664 Sq Ft Lot
- Lot Dimensions are 102x110x47x126
- Fenced
HOA Fees
- $17 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,143 Sq Ft Home
- 2-Story Property
- Bookcases
- Beamed Ceilings
- Skylights
- Fireplace With Gas Starter
- Family Room
- Living Room with Fireplace
- Dining Room
- Loft
- Wood Flooring
- Laundry Room
Kitchen
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Dual Sinks
- Separate Shower
Basement
- Partial Basement
- Sump Pump
Eco-Friendly Details
- Air Purifier
Outdoor Features
- Tideland Water Rights
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Cable TV Available
Community Details
- Association fees include insurance, lake rights
- Wendy Kotulia Association, Phone Number (847) 770-1026
- Property managed by Marine Cove Community Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2025
Closed on
Jun 11, 2025
Sold by
Hauspal Llc
Bought by
Fiore Patricia
Seller's Agent
Joseph Palatinus
Illinois Real Estate Partners Inc
Buyer's Agent
Dawn Kasten
Berkshire Hathaway HomeServices Chicago
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,696
Avg. Annual Appreciation
-3.01%
Original Mortgage
$360,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2025
Sold by
Abel Donald A and Abel Rachel L
Bought by
Hauspal Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
5.84%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 19, 2021
Sold by
Rodriguez Alfonso G and Rodriguez Linda S
Bought by
Abel Donald A and Abel Rachel L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 14, 2013
Closed on
Sep 30, 2013
Sold by
Quorum Fcu
Bought by
Rodriguez Alfonso G and Rodriguez Linda S
Seller's Agent
Gary Stittgen
@properties
Buyer's Agent
Massoud Faghihi
Hometown Real Estate
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Purchase Details
Closed on
May 13, 2013
Sold by
Groce Stephanie
Bought by
Quorum Fcu
Purchase Details
Closed on
May 31, 2005
Sold by
Fredrickson Peg
Bought by
Groce Terry and Groce Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,650
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 21, 1998
Sold by
Optholt David O and Optholt Fiona J K
Bought by
Fredrickson Peg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.68%
Purchase Details
Closed on
Sep 26, 1996
Sold by
Mcginnis James David and Mcginnis Kimberly A
Bought by
Optholt David O and Optholt Fiona J K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Fidelity National Title | |
| Warranty Deed | $285,000 | First American Title | |
| Warranty Deed | $285,000 | First American Title | |
| Warranty Deed | $240,000 | First American Title | |
| Special Warranty Deed | $180,000 | Fidelity National Title | |
| Sheriffs Deed | -- | Premier Title | |
| Warranty Deed | $267,000 | First American Title Ins Co | |
| Warranty Deed | $206,000 | -- | |
| Warranty Deed | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $360,000 | New Conventional | |
| Previous Owner | $311,500 | Construction | |
| Previous Owner | $228,000 | New Conventional | |
| Previous Owner | $253,650 | Fannie Mae Freddie Mac | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $156,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/09/2025 07/09/25 | Sold | $450,000 | +0.2% | $210 / Sq Ft | |
| 04/20/2025 04/20/25 | Pending | -- | -- | -- | |
| 04/17/2025 04/17/25 | For Sale | $449,000 | +149.4% | $210 / Sq Ft | |
| 10/11/2013 10/11/13 | Sold | $180,000 | +0.1% | $101 / Sq Ft | View Prior Sale |
| 09/17/2013 09/17/13 | Pending | -- | -- | -- | |
| 08/14/2013 08/14/13 | For Sale | $179,900 | -- | $101 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $8,170 | $85,784 | $24,754 | $61,030 |
| 2023 | $8,170 | $74,980 | $21,636 | $53,344 |
| 2022 | $8,751 | $78,774 | $12,818 | $65,956 |
| 2021 | $8,690 | $75,715 | $12,320 | $63,395 |
| 2020 | $8,748 | $72,041 | $11,722 | $60,319 |
| 2019 | $8,466 | $69,117 | $11,246 | $57,871 |
| 2018 | $9,730 | $79,456 | $17,471 | $61,985 |
| 2017 | $9,781 | $74,740 | $16,434 | $58,306 |
| 2016 | $9,372 | $68,993 | $15,170 | $53,823 |
| 2015 | $9,202 | $63,030 | $13,859 | $49,171 |
| 2014 | $7,641 | $58,204 | $10,537 | $47,667 |
| 2012 | $7,525 | $60,788 | $11,005 | $49,783 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Palatinus
-
Dawn Kasten
Buyer's Agent in 2025
Dawn Kasten
Berkshire Hathaway HomeServices Chicago
(847) 722-5902
1 in this area
68 Total Sales
-
G
Seller's Agent in 2013
Gary Stittgen
@properties
-
Massoud Faghihi
Buyer's Agent in 2013
Massoud Faghihi
Hometown Real Estate
(773) 929-1200
5 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12340572
APN: 06-24-203-051
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