Seller's Agent in 2021
Pam Jacobs
@ Properties
(847) 612-1576
12 in this area
111 Total Sales
303 Summit Dr Tower Lakes, IL 60010
Tower Lake NeighborhoodEstimated Value: $518,000 - $597,000
3
Beds
2
Baths
2,088
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Water Views
- Open Floorplan
- Community Lake
- North Barrington Elementary School Rated A
- Landscaped Professionally
- 3-minute walk to Barsumian Park
About This Home
As of June 2021Quintessential Tower Lakes renovated cottage with FABULOUS UNOBSTRUCTED LAKE VIEWS!! Dating back to the days when Tower Lakes was a summer getaway for downtown Chicago residents, this home still exudes charm and makes you feel like you are on vacation 365 days a year. Enjoy all the lake offers plus tennis, & volleyball. Take part in community social activities like the annual 4th of July celebration complete with parade and fall chili cook-off. Sing along to summer concerts at the nearby community gazebo right from your deck or lakeside firepit! Dining room with walls of windows and sunny kitchen overlook the lake! Jenn-Air refrigerator with ice/water in the door, Frigidaire 5-burner gas range (2020), granite counters and glass and stone backsplash. 2 bedrooms upstairs, 1 on main level with shiplap wall. Vintage door hardware. Basement has hardwood floors, brick wall and recessed lights. Fabulous screened porch has skylights and TV mount. Lakeside 2-level deck and fire pit. Recent rehab. Award winning Barrington schools including North Barrington Elementary, Station Middle School & Barrington High. Easy access to both Barrington and Fox River Grove Metra stations. Brand new roof being installed May 2021. New electrical panel upgrade (2021). This cottage is the cat's pajamas!!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471016085 Listed on: 04/15/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,994
Year Built
- Built in 1930
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 205x75x200x121
- Landscaped Professionally
- Paved or Partially Paved Lot
- Wooded Lot
HOA Fees
- $50 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Cottage
- Concrete Perimeter Foundation
Interior Spaces
- 2,088 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Attached Fireplace Door
- Bay Window
- Sliding Doors
- Entrance Foyer
- Living Room with Fireplace
- Home Office
- Heated Sun or Florida Room
- Screened Porch
- Wood Flooring
- Water Views
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Recreation or Family Area in Basement
- Basement Storage
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Tideland Water Rights
- Deck
- Patio
- Fire Pit
Location
- Property is near a park
Schools
- North Barrington Elementary Scho
- Barrington Middle School-Station
- Barrington High School
Utilities
- SpacePak Central Air
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Community Well
- Water Softener is Owned
- Private or Community Septic Tank
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance, scavenger, lake rights
- Tower Lakes Subdivision
- Community Lake
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2021
Closed on
Jun 3, 2021
Sold by
Gamache Douglas and Gamache Yesenia
Bought by
Michaels Joshua B and Michaels Allan Elizabeth
Seller's Agent
Pam Jacobs
@properties Christie's International Real Estate
Buyer's Agent
Billy Mayer
Compass
Sold Price
$415,000
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
$143,795
Avg. Annual Appreciation
7.31%
Original Mortgage
$332,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 19, 2014
Closed on
May 1, 2015
Sold by
Scholey Ian K and Scholey Tracy A
Bought by
Gamache Douglas and Gamache Yesenia
Seller's Agent
Edie Glenn
Coldwell Banker Realty
Buyer's Agent
Scott Newman
Keller Williams ONEChicago
List Price
$420,000
Sold Price
$389,500
Premium/Discount to List
-$30,500
-7.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.04%
Original Mortgage
$372,099
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 21, 2013
Closed on
Aug 30, 2013
Sold by
Reinhard Theresa F
Bought by
Scholey Ian K
Seller's Agent
Alan Leibovitz
HomeSmart Connect
Buyer's Agent
Edie Glenn
Coldwell Banker Realty
List Price
$400,000
Sold Price
$377,500
Premium/Discount to List
-$22,500
-5.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$302,000
Interest Rate
5.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2003
Sold by
Storck Kenneth A and Storck Caryl K
Bought by
Reinhard Theresa F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 11, 2000
Sold by
Fitzpatrick William J and Fitzpatrick Patricia M
Bought by
Storck Kenneth A and Storck Caryl K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 15, 1998
Sold by
Fitzpatrick William J and Fitzpatrick Patricia M
Bought by
Fitzpatrick William J and Fitzpatrick Patricia M
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michaels Joshua B | $415,000 | Proper Title Llc | |
| Gamache Douglas | $389,500 | None Available | |
| Scholey Ian K | $377,500 | Ct | |
| Reinhard Theresa F | $452,500 | -- | |
| Storck Kenneth A | $337,000 | -- | |
| Fitzpatrick William J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Michaels Joshua B | $332,000 | |
| Previous Owner | Gamache Douglas | $372,099 | |
| Previous Owner | Scholey Ian K | $302,000 | |
| Previous Owner | Reinhard Theresa F | $317,000 | |
| Previous Owner | Reinhard Theresa F | $322,700 | |
| Previous Owner | Storck Kenneth A | $77,000 | |
| Previous Owner | Storck Kenneth A | $273,000 | |
| Previous Owner | Storck Caryl K | $45,000 | |
| Previous Owner | Storck Kenneth A | $265,000 | |
| Previous Owner | Fitzpatrick William J | $76,000 | |
| Previous Owner | Fitzpatrick William J | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $415,000 | +3.8% | $199 / Sq Ft |
| 05/13/2021 05/13/21 | For Sale | -- | -- | -- |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 05/07/2021 05/07/21 | For Sale | $399,900 | 0.0% | $192 / Sq Ft |
| 04/23/2021 04/23/21 | For Sale | $399,900 | 0.0% | $192 / Sq Ft |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- |
| 04/17/2021 04/17/21 | Pending | -- | -- | -- |
| 04/15/2021 04/15/21 | For Sale | $399,900 | +2.7% | $192 / Sq Ft |
| 05/07/2015 05/07/15 | Sold | $389,500 | -2.6% | $187 / Sq Ft |
| 03/20/2015 03/20/15 | Pending | -- | -- | -- |
| 09/17/2014 09/17/14 | Price Changed | $399,900 | -4.8% | $192 / Sq Ft |
| 08/19/2014 08/19/14 | For Sale | $420,000 | +11.3% | $201 / Sq Ft |
| 08/30/2013 08/30/13 | Sold | $377,500 | -5.6% | $181 / Sq Ft |
| 07/09/2013 07/09/13 | Pending | -- | -- | -- |
| 06/21/2013 06/21/13 | For Sale | $400,000 | -- | $192 / 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 | $11,079 | $152,015 | $30,552 | $121,463 |
| 2023 | $10,779 | $138,548 | $27,845 | $110,703 |
| 2022 | $10,779 | $133,050 | $31,501 | $101,549 |
| 2021 | $10,605 | $130,787 | $30,965 | $99,822 |
| 2020 | $10,360 | $130,383 | $30,869 | $99,514 |
| 2019 | $9,994 | $126,943 | $30,055 | $96,888 |
| 2018 | $9,716 | $125,621 | $34,188 | $91,433 |
| 2017 | $9,640 | $123,097 | $33,501 | $89,596 |
| 2016 | $8,817 | $118,453 | $32,237 | $86,216 |
| 2015 | $8,416 | $111,098 | $30,235 | $80,863 |
| 2014 | $7,434 | $101,726 | $25,392 | $76,334 |
| 2012 | $7,195 | $91,510 | $25,830 | $65,680 |
Source: Public Records
Agents Affiliated with this Home
-
Pam Jacobs
-
Billy Mayer
Buyer's Agent in 2021
Billy Mayer
Compass
(312) 608-3801
1 in this area
66 Total Sales
-
Edie Glenn
Seller's Agent in 2015
Edie Glenn
Coldwell Banker Realty
(630) 330-1080
14 Total Sales
-
John Glenn
Seller Co-Listing Agent in 2015
John Glenn
Coldwell Banker Realty
(630) 330-7843
11 Total Sales
-
Scott Newman
Buyer's Agent in 2015
Scott Newman
Keller Williams ONEChicago
(847) 894-5773
295 Total Sales
-
Alan Leibovitz
Seller's Agent in 2013
Alan Leibovitz
The McDonald Group
(847) 207-2246
12 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11044508
APN: 13-02-307-015
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