NOT LISTED FOR SALE

3 Cherokee Ct Putnam, IL 61560

Estimated Value: $82,000 - $237,000

2 Beds
2 Baths
1,400 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $75,000 $54 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,260/month

5 Days on Market

Highlights

  • Boat Dock
  • Clubhouse
  • Property is near a park
  • Community Lake
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of November 2024

Multiple offers - sellers deciding now. Truly a Once-In-A-Lifetime opportunity to affordably possess a serene retreat of your very own! Or alternatively, a savvy business decision for an investor or flipper. This solid, well-constructed cabin is ready for the next owner to create a Masterpiece. The hard part is done - first-rate construction and a firm foundation. You'll find your own inspiration when you view the open flow of the living spaces. A towering, two-story wood-burning fireplace/wood-stove is the standout feature. It offers both beauty and ultimate practicality, as it has been used to efficiently and effectively heat the entire Home! The lofty cathedral ceiling (with skylights!) draws your eye to the spacious L-shaped loft - ready to furnish with comfy couches or beds. There's a bedroom on the main floor, as well as a full bath. But it's the magnificent Master bedroom on the upper level that will captivate you, with it's attached bath complete with jet tub, large closet, and French doors opening onto your own private balcony. Heaven!! The elongated kitchen/dining area offers the spaciousness so valuable when hosting family and friends. Practicality is further offered with a tankless hot water heater, sump pump, and whole house fan. You'll be amazed by the deep, walk-out basement - potentially a whole new level of living space! But the greatest allure of this property lies in the lush natural surroundings. Nestled in a private magical landscape, you'll be awe-struck at the beauty in every Season. Three lots, with over an acre of woodland, a ravine, and a host of wildlife! The wrap-around porch gives you a great place to capture every view. The amenities of the Lake Thunderbird community are like no other. Located just two hours from Chicago - and only 30 minutes from the Starved Rock area - this haven includes a private beach, playgrounds, community center, swimming pool, tennis, pickleball court, mini-golf, and picnic grounds - all within easy reach. Other attractions include boating, fishing, nature paths, and year-round community events. This unbelievable price is full acknowledgement of the work to be done - this is a Project, no doubt. (Property sold "as-is") You'll want to work on the roof, fascia, and soffit - and may want to put in a "real" furnace. Basement has a dirt floor, and there is finishing work to do throughout the house. We'd invite you to come take a look! Envision the potential of this beautiful cabin, shaped by your own esthetics. This could be the start of a Whole New Life!

Last Agent to Sell the Property

Beth Mulcahy

Landmark Realty of Illinois LLC License #475166667 Listed on: 09/25/2024

Last Buyer's Agent

Beth Mulcahy

Landmark Realty of Illinois LLC License #475166667 Listed on: 09/25/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1994

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 320x188
  • Cul-De-Sac
  • Corner Lot
  • Irregular Lot
  • Wooded Lot
  • Additional Parcels

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 4 Parking Spaces

Home Design

  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1.5-Story Property
  • Skylights
  • Wood Burning Stove
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Laminate Flooring
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Utilities

  • No Cooling
  • Heating System Uses Wood
  • 100 Amp Service
  • Shared Well
  • Septic Tank

Additional Features

  • Handicap Shower
  • Balcony
  • Property is near a park

Community Details

Overview

  • Association fees include water, clubhouse, pool, lake rights
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 1994

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1994
  • Age: 26-30 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
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Basement: Unfinished, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1400
  • Room Type: Loft, Other Room
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Accessible Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Wood Siding
  • ExteriorFeatures: Balcony
  • Foundation Details: Block, Concrete Perimeter
  • Lot Features: Corner Lot, Cul-De-Sac, Irregular Lot, Wooded
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Dirt Driveway, On Site
  • ParkingTotal: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Wood
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 1650
  • Association Fee Frequency: Annually
  • Community Features: Clubhouse, Park, Pool, Tennis Court(s), Lake, Dock
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Water, Clubhouse, Pool, Lake Rights

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 1.25
  • Lot Dimensions: 320X188
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 2970.08
  • Tax Year: 2023
  • Tax Exemptions: None

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $75,000 0.0% $54 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $75,000 -- $54 / 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 $3,447 $43,277 $2,092 $41,185
2023 $2,833 $37,866 $1,831 $36,035
2022 $3,401 $43,409 $1,953 $41,456
2021 $3,306 $41,567 $1,870 $39,697
2020 $2,315 $28,956 $1,921 $27,035
2019 $2,198 $27,267 $1,878 $25,389
2018 $2,140 $25,969 $1,789 $24,180
2017 $20 $25,039 $1,789 $23,250
2016 $2,011 $23,847 $1,704 $22,143
2015 $1,830 $23,553 $1,683 $21,870
2014 $1,729 $22,739 $1,625 $21,114
2013 $1,823 $23,961 $1,712 $22,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12173583

Midwest Real Estate Data (MRED)

APN: 03-00-084-040