3112 Cedar Terrace Island Lake, IL 60042
West Island Lake NeighborhoodEstimated payment $2,157/month
Highlights
- Community Lake
- Property is near a park
- Ranch Style House
- Deck
- Recreation Room
- 1-minute walk to Grek Park
About This Home
Do not miss your opportunity to buy this great home! This 3 bedroom, 2 bathroom, ranch home offers over 2000 sq ft of living space and has everything you need all within the McHenry school district. As you approach the home you will notice the large 4 car concrete driveway, met with a 2 car heated garage that leads you into the home. In the living room you will find beautiful hardwood floors leading to the eat-in kitchen with beautiful updated Whirlpool appliances (2022). Off of the kitchen you face the backyard that is fully fenced with a sturdy deck offering a great space for BBQs and entertaining. The kitchen slider was replaced in 2021. The bedrooms offer enough space for all and the master comes with its own ensuite! This home has a ton of nice upgrades like the windows in bedrooms and front room (2022), furnace and A/C (2022). The finished basement gives additional living space with a large hangout/working out area. The home sits on a quiet street right across from Grek Park, a quick drive to Moraine Hills State Park, and Island Lake for kayaking and boating. This is a great solid home in a fun town!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,055
Year Built
- Built in 1988
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 70x60
- Chain Link Fence
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Driveway
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,148 Sq Ft Home
- Double Pane Windows
- Bay Window
- Sliding Doors
- Family Room
- Living Room
- Dining Room
- Recreation Room
- Lower Floor Utility Room
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Sink Near Laundry
- Gas Dryer Hookup
Outdoor Features
- Deck
- Shed
Location
- Property is near a park
Schools
- Edgebrook Elementary School
- Mchenry Middle School
- Mchenry Campus High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- Community Lake
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2020 | $5,626 | $60,940 | $12,644 | $48,296 |
| 2019 | $5,469 | $57,938 | $12,021 | $45,917 |
| 2018 | $5,631 | $54,423 | $11,292 | $43,131 |
| 2017 | $6,063 | $57,594 | $10,818 | $46,776 |
| 2016 | $6,053 | $54,951 | $10,322 | $44,629 |
| 2013 | -- | $52,297 | $9,824 | $42,473 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2025 08/09/25 | Pending | -- | -- | -- |
| 07/24/2025 07/24/25 | For Sale | $310,000 | +47.6% | $144 / Sq Ft |
| 08/26/2020 08/26/20 | Sold | $210,000 | -1.4% | -- |
| 07/21/2020 07/21/20 | Pending | -- | -- | -- |
| 07/17/2020 07/17/20 | Price Changed | $212,900 | -5.4% | -- |
| 07/08/2020 07/08/20 | For Sale | $225,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $211,000 | Starck Title Services Llc | |
| Corporate Deed | $150,000 | Fatic | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | $184,000 | Multiple | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $141,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,720 | New Conventional | |
| Previous Owner | $102,781 | New Conventional | |
| Previous Owner | $134,000 | Purchase Money Mortgage | |
| Previous Owner | $135,500 | No Value Available | |
| Previous Owner | $138,599 | FHA |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12429390
APN: 15-20-226-010
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