NOT LISTED FOR SALE

Estimated Value: $237,000 - $292,000

3 Beds
1 Bath
1,168 Sq Ft
$226/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $240,000 $205 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,759/month

2 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • 1 Car Detached Garage
  • Landscaped Professionally
  • Recreation Room
  • 2-minute walk to Dorothy Court Beach

About This Home

As of May 2023

Highest and best due by Monday 4/17 at 10:00 am Looking for a charming and affordable lakefront property? Look no further than this ranch style home in Island Lake Estates. This lovely home boasts a prime lakefront location, making it the perfect place to enjoy all the beauty and tranquility of lake living. This home is the perfect size for families, couples or individuals looking for a comfortable and cozy home in a peaceful location. A standout feature is the walkout basement with a rec room, laundry and large utility area. This home has been lovingly maintained and in move-in condition. Recent updates include a new roof, siding and new vinyl click flooring on the main level. The detached 1-1/2 car garage, provides ample space for storage and parking. With easy access to nearby shops, restaurants and route 12, you will have everything you need right at your fingertips. Don't miss your chance to own this home in Island Lake Estates. With its prime location, charming features, and affordable price, it's the perfect place to call home. Schedule your showing today!

Last Agent to Sell the Property

Christine Frank

Compass License #475142468 Listed on: 04/14/2023

Compass

Last Buyer's Agent

Daniel Drake

@properties Christie's International Real Estate License #475132677

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,766

Year Built

  • Built in 1938

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 57x88x52x38x50
  • Lake Front
  • Landscaped Professionally

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Tideland Water Rights

Schools

  • Edgebrook Elementary School
  • Mchenry Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Island Lake Estates Subdivision, Lakefront Ranch Floorplan
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,766

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Island Lake Estates
  • Year Built: 1938
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Flood Zone (Partial)
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full, Walkout
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1168
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Basement Sq Ft: 804
  • Total Sq Ft: 804
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 209900
  • Lot Features: Lake Front, Landscaped
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Water Rights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Edgebrook Elementary School
  • Middle/Junior School: Mchenry Middle School
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 57X88X52X38X50
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3765.94
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 19, 2023
Sold by
Urick Jacqueline
Bought by
Brandsmeier Ben
Seller's Agent
Christine Frank
Compass
Buyer's Agent
Daniel Drake
@properties Christie's International Real Estate
List Price
$209,900
Sold Price
$240,000
Premium/Discount to List
$30,100
14.34%
Views
40
Current Estimated Value
$264,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,159
Avg. Annual Appreciation
4.11%
Original Mortgage
$192,000
Outstanding Balance
$172,196
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$91,963

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 5, 2018
Sold by
Shirley Patrick Stanley M and Shirley Patrick
Bought by
Urick Jacqueline
Seller's Agent
Sean Ryan
Ryan and Company REALTORS, Inc
Buyer's Agent
Christine Frank
Compass
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$123,405
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Brandsmeier Ben $240,000 Saturn Title
Urick Jacqueline $130,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandsmeier Ben $192,000
Previous Owner Urick Jacqueline $123,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2023 05/19/23 Sold $240,000 +14.3% $205 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $209,900 +61.6% $180 / Sq Ft
10/31/2018 10/31/18 Sold $129,900 0.0% $162 / Sq Ft View Prior Sale
09/18/2018 09/18/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $129,900 -- $162 / 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 $4,241 $56,537 $12,910 $43,627
2023 $4,057 $50,701 $11,577 $39,124
2022 $3,957 $46,366 $10,587 $35,779
2021 $3,766 $43,471 $9,926 $33,545
2020 $4,062 $45,675 $18,336 $27,339
2019 $3,941 $43,426 $17,433 $25,993
2018 $1,871 $38,866 $16,375 $22,491
2017 $1,918 $37,235 $15,688 $21,547
2016 $1,989 $35,526 $14,968 $20,558
2013 -- $30,000 $14,245 $15,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11759054

Midwest Real Estate Data (MRED)

APN: 15-20-279-040