NOT LISTED FOR SALE

320 Mainsail Dr Third Lake, IL 60030

Estimated Value: $438,000 - $487,000

3 Beds
2 Baths
1,694 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 20, 2025

Last sale price $461,000 $272 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,156/month

1 Day on Market

Highlights

  • Lake Front
  • Community Lake
  • Property is near a park
  • Grayslake North High School Rated A
  • Deck
  • Pond

About This Home

As of March 2025

This stunning Mariner's Cove Ranch Home offers an updated, open-concept layout with remarkable features inside and out. Upon entry, you're greeted by an expansive foyer that sets the tone for the rest of the home. Beautiful gleaming hardwood floors run throughout, adding elegance to each room. The inviting Great Room offers fantastic views of the pond, perfect for relaxing or entertaining. The updated kitchen is a chef's dream with plenty of cabinet space, high-end stainless steel appliances, double ovens, and abundant natural light streaming in from two windows and a slider leading to a private deck. Adjacent to the kitchen is a formal dining room, ideal for hosting dinner parties, which opens to a lovely Three Season Room. Whether you're enjoying a morning coffee, watching the sunset with a glass of wine, or curling up with a good book, this room offers the perfect space to unwind. The spacious Master Suite provides gorgeous views and a recently updated bath, while two other generously sized bedrooms share another updated bath. If you're in need of more space, the finished basement offers a recreation room, private den, hobby room, and ample storage. For outdoor enthusiasts, the property's prime location offers direct access to a sandy beach and lakefront for picnics, kayaking, boating, and more. Located directly across the street from the Neighborhood Beach and Pier. Nestled between Third Lake and Druce Lake, Mariner's Cove offers year-round recreational opportunities, including fishing, ice skating, and boating. The community is surrounded by the expansive Rollins Savanna Forest Preserve and is conveniently located near shopping, dining, Metra stations, the tollway, and the historic downtown area of Grayslake. This home is truly a unique gem in an exceptional location-don't miss your chance to see it before it's gone! Recent Updates include New HVAC 2017, Some newer Windows 2021, Newer Carpet, All New Appliances 2017.

Last Agent to Sell the Property

John Worklan

Baird & Warner License #471005298 Listed on: 02/10/2025

Baird & Warner

Last Buyer's Agent

Lisa Wolf

Keller Williams North Shore West License #471008702

Keller Williams North Shore West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,538

Year Built

  • Built in 1989

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 89x99x131x83
  • Lake Front

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,694 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Den
  • Screened Porch
  • Home Gym
  • Water Views
  • Unfinished Attic

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Separate Shower

Laundry

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

Unfinished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Tideland Water Rights
  • Pond
  • Deck

Location

  • Property is near a park

Schools

  • Avon Center Elementary School
  • Grayslake Middle School
  • Grayslake North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include lake rights
  • Mariners Cove Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,538

Year Built

Built in 1989

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Mariners Cove
  • Year Built: 1989
  • Age: 31-40 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Skylight(s), Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1694
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area, Screened Porch, Den, Exercise Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch Screened
  • Foundation Details: Concrete Perimeter
  • Lot Features: Lake Front, Pond(s), Water Rights, Water View
  • Patio And Porch Features: Deck, Screened Porch
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Water Rights, Curbs, Sidewalks, Street Lights
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights

Schools

  • Elementary School: Avon Center School
  • High School: Grayslake North High School
  • Middle/Junior School: Grayslake Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.29
  • Lot Dimensions: 89X99X131X83
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8538
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
May 11, 2016
Sold by
Boyke David A and Boyke Kimberly J
Bought by
The Robert M Heilman Trust and The Shelia D Heilman Trust
Seller's Agent
Lynn Fairfield
RE/MAX Suburban
Buyer's Agent
Frances Simons
Baird & Warner
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$467,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,423
Avg. Annual Appreciation
8.83%

Purchase Details

Closed on
May 29, 2009
Sold by
Snagel Alice O
Bought by
Boyke David A and Shryock Boyke Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
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
The Robert M Heilman Trust $210,000 Affinity Title Services Llc
Boyke David A $210,000 Greater Illinois Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyke David A $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2025 03/20/25 Sold $461,000 +15.3% $272 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $399,900 +90.4% $236 / Sq Ft
05/13/2016 05/13/16 Sold $210,000 -4.5% $125 / Sq Ft View Prior Sale
04/07/2016 04/07/16 Pending -- -- --
03/29/2016 03/29/16 Price Changed $220,000 -2.2% $131 / Sq Ft
02/10/2016 02/10/16 For Sale $225,000 -- $134 / 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 $8,303 $96,333 $26,724 $69,609
2023 $8,303 $84,201 $23,358 $60,843
2022 $8,538 $82,850 $13,791 $69,059
2021 $8,451 $79,632 $13,255 $66,377
2020 $8,472 $75,768 $12,612 $63,156
2019 $8,179 $72,693 $12,100 $60,593
2018 $8,354 $74,410 $18,748 $55,662
2017 $8,313 $69,993 $17,635 $52,358
2016 $9,992 $73,554 $16,279 $57,275
2015 $9,810 $67,197 $14,872 $52,325
2014 $8,389 $63,340 $11,398 $51,942
2012 $8,254 $66,151 $11,904 $54,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12264026

Midwest Real Estate Data (MRED)

APN: 06-24-203-004