NOT LISTED FOR SALE

Estimated Value: $237,000 - $276,000

3 Beds
1 Bath
1,231 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $115,000 $93 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,800/month

227 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Patio
  • Cape Cod Architecture
  • Galley Kitchen
  • 4-minute walk to Dorothy Court Beach

About This Home

As of January 2017

Waterfront Home with outstanding views of Island Lake and surrounding subdivision-perfectly beautiful and inspiring. Walkout Lower-Level used as bedroom, plus 1st-floor bedroom, plus a finished bedroom in second-floor walkup attic space. Two Lots: PIN #15-20-280-025 is 40 X 187 X 33 is Improved - and PIN #-024 is 20 X 188 X 14 is vacant. Looks like plenty of room for a garage, please check with the Village of Island Lake. Spacious Living/Dining Room with overall Lake Views. Located at the top of a hill providing high-and-dry panoramic views. Lovely patio facing the water. Newer roof about 8-years new. This could be an ideal "Legacy Resort Home" for your family for generations, but also large enough for a year-round residence. Also located near shopping, transportation, recreation. Updating required, but well worth it, and reflected in the asking price.

Last Agent to Sell the Property

Tom Zarnek

TNT Realty, Inc. License #471005008 Listed on: 05/02/2016

Last Buyer's Agent

Ivonne Payes

Payes Real Estate Group License #471022097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,772

Year Built

  • 1948

Lot Details

  • Lake Front
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • Wood Burning Fireplace
  • Water Views
  • Partially Finished Basement
  • Exterior Basement Entry

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave

Parking

  • Parking Available
  • Gravel Driveway
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Water Rights
  • Well

Listing and Financial Details

  • Senior Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,772

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1948
  • Tax Exemptions: Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Interior Property Features: 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X26, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Refrigerator
  • Equipment: Ceiling Fan
  • Fireplace Details: Wood Burning
  • Attic: Finished, Interior Stair
  • Fireplace Location: Living Room
  • Basement: Partially Finished, Exterior Access
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X20, On Level: Walkout Basement, Flooring: Other
  • Dining Room: Dimensions: 9X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 9X9, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X19, On Level: Walkout Basement, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 9X15, On Level: 2nd Level, Flooring: Other
  • Estimated Sq Ft: 1231
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Patio
  • Acreage: 0.23

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Parking Details: Off Street, Driveway
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Driveway: Gravel
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Water: Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 156
  • Elementary School: EDGEBROOK ELEMENTARY SCHOOL
  • Middle School: MCHENRY MIDDLE SCHOOL
  • High School: MCHENRY HIGH SCHOOL-EAST CAMPUS
  • Junior High Dist: 15
  • Other Public School: McHenry County College

Lot Info

  • Lot Dimensions: 60 X 188 X 47
  • Lot Description: Lake Front, Water Rights, Water View, Wooded
  • Parcel Identification Number: 1520280025

Tax Info

  • Taxes: 2304.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Jan 13, 2017
Sold by
Leips Barbara L
Bought by
Sandre Scott
Seller's Agent
Tom Zarnek
TNT Realty, Inc.
Buyer's Agent
Ivonne Payes
Payes Real Estate Group
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Current Estimated Value
$263,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,433
Avg. Annual Appreciation
9.98%
Original Mortgage
$92,000
Outstanding Balance
$76,625
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$186,808

Purchase Details

Closed on
Apr 23, 2015
Sold by
Gerold Lenor E
Bought by
Gerold Lenor E and Leips Barbara L
Source: Public Records

Range of Values:

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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
Sandre Scott $115,000 Heritage Title Co
Gerold Lenor E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandre Scott $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $115,000 -4.1% $93 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $119,900 0.0% $97 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $119,900 0.0% $97 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
08/09/2016 08/09/16 Price Changed $119,900 -7.7% $97 / Sq Ft
06/06/2016 06/06/16 Price Changed $129,900 -7.1% $106 / Sq Ft
05/02/2016 05/02/16 For Sale $139,900 -- $114 / 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 $4,772 $62,620 $20,654 $41,966
2023 $4,575 $56,156 $18,522 $37,634
2022 $4,446 $51,354 $16,938 $34,416
2021 $4,236 $48,147 $15,880 $32,267
2020 $3,973 $44,803 $25,289 $19,514
2019 $3,854 $42,597 $24,044 $18,553
2018 $3,955 $40,012 $22,585 $17,427
2017 $3,855 $38,333 $21,637 $16,696
2016 $1,933 $52,436 $20,644 $31,792
2013 -- $49,903 $19,647 $30,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09214904

Midwest Real Estate Data (MRED)

APN: 15-20-280-025