$340,000
SOLD MAR 29, 2023

368 W Winchester Dr Round Lake, IL 60073

4 Beds
2.5 Baths
3,419 Sq Ft
7,484 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

1 Day on Market

Highlights

  • Waterfront
  • Community Lake
  • Back to Public Ground
  • Park Campus Rated A-
  • Property is near a park
  • Recreation Room

About This Home

As of March 2023

THIS IS IT! Madrona Ridge home, perfectly situated right next to the park/lake/walking trails, and in Grayslake school districts (you can even walk to K-8 Park School!). With loads of flexible, bonus living space, including finished basement and outstanding 3-seasons sunroom! First level offers open living/dining combo, kitchen with island, family room, and the rare, spacious 3-seasons sunroom with beautiful lake and park views. Second level features 4 bedrooms (including private master suite), PLUS a large bonus room perfect for home office or FIFTH bedroom, and convenient second-floor laundry. The finished basement offers loads of entertaining space with a built-in bar, and additional storage. This is one of a kind. Don't miss it!

Last Agent to Sell the Property

Brandy Isaac

@properties Christie's International Real Estate License #475168399 Listed on: 02/22/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Kenneth Bieschke

Rissa Realty Inc License #471020143

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,263

Year Built

  • Built in 2005

Lot Details

  • 7,484 Sq Ft Lot
  • Lot Dimensions are 60 x 119
  • Waterfront
  • Back to Public Ground

HOA Fees

  • $30 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,419 Sq Ft Home
  • 2-Story Property
  • Bar
  • Family Room
  • Sitting Room
  • Combination Dining and Living Room
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Park School East Elementary School
  • Park School West Middle School
  • Grayslake Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near a park

Community Details

  • Association fees include snow removal
  • Ariel Lepe Association, Phone Number (847) 806-6121
  • Madrona Ridge Subdivision
  • Property managed by Property Specialists, Inc.
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,263

Year Built

Built in 2005

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Madrona Ridge
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Second Floor Laundry, Walk-In Closet(s)
  • LivingArea: 3419
  • Room Type: Bonus Room, Sun Room, Recreation Room, Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 339000
  • Lot Features: Water View, Backs to Public GRND
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 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
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 365
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Specialists, Inc.
  • Management Contact Name: Ariel Lepe
  • Management Phone: 847-806-6121
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Snow Removal, Other

Schools

  • Elementary School: Park School East
  • High School: Grayslake Central High School
  • Middle/Junior School: Park School West
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1718
  • Lot Dimensions: 60 X 119
  • 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: 10263.1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 23, 2023
Sold by
Skovranko Michael and Skovranko Susan
Bought by
Matthews Gary A
Seller's Agent
Brandy Isaac
@properties Christie's International Real Estate
Buyer's Agent
Kenneth Bieschke
Rissa Realty Inc
List Price
$339,000
Sold Price
$340,000
Premium/Discount to List
$1,000
0.29%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$238,000
Outstanding Balance
$233,237
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$177,537

Purchase Details

Closed on
Dec 1, 2005
Sold by
Madrona Ridge Llc
Bought by
Skovranko Mike and Skovranko Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,750
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $340,000 --
Special Warranty Deed $270,000 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $213,000 Unknown
Previous Owner $215,750 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Pending -- -- --
06/17/2025 06/17/25 For Sale $409,900 0.0% $120 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/18/2025 05/18/25 Price Changed $409,900 -2.4% $120 / Sq Ft
04/29/2025 04/29/25 For Sale $419,900 +23.5% $123 / Sq Ft
03/29/2023 03/29/23 Sold $340,000 +0.3% $99 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $339,000 -- $99 / 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 $11,422 $108,142 $15,151 $92,991
2023 $11,422 $99,249 $13,905 $85,344
2022 $11,172 $93,381 $12,394 $80,987
2021 $10,263 $83,676 $11,913 $71,763
2020 $10,239 $79,616 $11,335 $68,281
2019 $9,912 $76,385 $10,875 $65,510
2018 $9,554 $73,327 $12,954 $60,373
2017 $9,472 $68,975 $12,185 $56,790
2016 $9,066 $63,671 $11,248 $52,423
2015 $8,812 $58,168 $10,276 $47,892
2014 $6,230 $42,480 $9,593 $32,887
2012 $6,182 $44,366 $10,019 $34,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11717073

Midwest Real Estate Data (MRED)

APN: 06-32-209-008