NOT LISTED FOR SALE

Estimated Value: $484,000 - $772,000

5 Beds
3 Baths
3,986 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $613,000 $154 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,529/month

3 Days on Market

Highlights

  • Lake Front
  • Second Kitchen
  • Deck
  • Boat Slip
  • Community Lake
  • Family Room with Fireplace

About This Home

As of April 2023

UNBELIEVABLE CHAIN O'LAKES LAKEFRONT HOME ON NIPPERSINK LAKE IN A NO WAKE AREA. MUST SEE TO APPRECIATE ALL THIS HOME HAS TO OFFER. NO FLOOD INS NEEDED. APPROXIMATELY 453 FT OF WATER FRONTAGE INCLUDING LAKE & CHANNEL. THE PROPERTY CONSISTS OF 4 LOTS ON OVER ONE ACRE. LOWER LEVEL HAS ALL BRAND NEW WINDOWS, ROOF IS ONLY 2 YEARS OLD, DRIVEWAY JUST RESURFACED, NEW OUTDOOR FIREPIT NEW WHOLE HOUSE FAN. THIS FANTASTIC HOME OFFERS 5 BEDROOMS AND 3 FULL BATHS. MAIN LEVEL KITCHEN COMPLETELY REMODELED. MAPLE CABINETS, BREAKFAST BAR w/SINK, GRANITE COUNTERS, CERAMIC FLOOR & NEWER SS APPLS. LIVING ROOM & EATING AREA FEATURE SIX SETS OF PATIO DOORS w/BUILT IN BLINDS OPENING TO A STONE WRAP AROUND DECK AND AMAZING LAKE VIEWS. LIVING RM ALSO BOASTS A RAISED HEARTH GRANITE FIREPLACE. HUGE MASTER BEDROOM w/CATHEDRAL CEILING, BALCONY & 3 SKYLIGHTS. WALKOUT LOWER LEVEL IS PERFECT FOR FAMILY RELATED LIVING AND OFFERS 2 BRMS AND 2 BATHS, LRG FAMILY RM w/RAISED HEARTH DRIFT STONE FIREPLACE & HARDWD FLR, 2ND KITCHEN w/BREAKFAST BAR, EATING AREA & ALL APPLS, GAME ROOM w/FIREPLACE AND AMAZING WATER VIEWS. JUST IN TIME FOR YOU TO ENJOY THE SUMMER IN THIS OUTSTANDING HOME. LOVE THE VIEWS ALL YEAR. MAKE THIS ONE OF A KIND HOME YOURS.

Last Agent to Sell the Property

Toni Favia

TNT Realty, Inc. License #471022179 Listed on: 03/09/2023

Last Buyer's Agent

Kimberly Schnoor

RE/MAX Advantage Realty License #475099775

RE/MAX Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,401

Year Built

  • Built in 1980

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 232x221x228x194
  • Lake Front
  • Property fronts a lake that is connected to a chain of lakes
  • Fenced Yard
  • Wooded Lot
  • Additional Parcels

Parking

  • 2.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Earth Berm
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,986 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Storage Room
  • Water Views
  • Sump Pump
  • Carbon Monoxide Detectors

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Ramp on the main level

Outdoor Features

  • Tideland Water Rights
  • Boat Slip
  • Balcony
  • Deck
  • Patio

Schools

  • Lotus Elementary School
  • Stanton Middle School
  • Grant Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well
  • Water Purifier is Owned
  • Water Softener Leased
  • Private or Community Septic Tank
  • Satellite Dish

Community Details

  • Lakefront
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,401

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Hillside
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Hillside
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Trash Compactor, Stainless Steel Appliance(s), Water Purifier Owned, Water Softener Rented
  • Basement: None
  • Accessibility Features: Main Level Entry, Ramp - Main Level
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Full Bath
  • LivingArea: 3986
  • Other Equipment: Water-Softener Rented, TV-Dish, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area, Bedroom 5, Foyer, Game Room, Deck, Balcony/Porch/Lanai, Kitchen, Storage
  • Estimated Total Finished Sq Ft: 3852
  • Basement Description: Slab
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3852
  • Fireplace Location: Family Room,Living Room,Other
  • Total Sq Ft: 3852
  • Attic: Pull Down Stair,Unfinished
  • Main Level Sq Ft: 2152
  • Lower Level Sq Ft: 1700
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Boat Slip
  • List Price: 550000
  • Lot Features: Chain of Lakes Frontage, Fenced Yard, Lake Front, Water Rights, Water View, Wooded
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

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: Lotus School
  • High School: Grant Community High School
  • Middle/Junior School: Stanton School
  • Middle/Junior School District: 114

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 1.09
  • Lot Dimensions: 232X221X228X194
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11401.36
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 12, 2023
Sold by
Lualhati Joan I and Zavilla Michael E
Bought by
Thomas Michael D and Thomas Laura M
Seller's Agent
Toni Favia
TNT Realty, Inc.
Buyer's Agent
Kimberly Schnoor
RE/MAX Advantage Realty
List Price
$550,000
Sold Price
$613,000
Premium/Discount to List
$63,000
11.45%
Views
41
Current Estimated Value
$681,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,154
Avg. Annual Appreciation
4.29%
Original Mortgage
$490,400
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 30, 2019
Sold by
Wilson Robert W
Bought by
Zavilla Michael E
Seller's Agent
Pete Eichler
All Waterfront Real Estate Plus
Buyer's Agent
Toni Favia
TNT Realty, Inc.
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.01%
Original Mortgage
$253,500
Interest Rate
3.62%
Mortgage Type
VA

Purchase Details

Closed on
Mar 31, 2016
Sold by
Rossetti Louis R and Rossetti Anthony R
Bought by
Wilson Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2014
Sold by
Rossetti Louis R
Bought by
Rossetti Louis R and Rossetti Anthony R

Purchase Details

Closed on
Aug 18, 2011
Sold by
Rossetti Joan L and Rossetti Anthony R
Bought by
Rossetti Louis
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
Thomas Michael D $613,000 Old Republic Title
Zavilla Michael E $390,000 Attorney
Wilson Robert W $260,000 Chicago Title Company
Wilson Robert W -- Chicago Title Company
Rossetti Louis R -- None Available
Rossetti Louis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thomas Michael D $490,400
Previous Owner Zavilla Michael E $253,500
Previous Owner Wilson Robert W $253,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2023 04/13/23 Sold $613,000 +11.5% $154 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $550,000 +41.0% $138 / Sq Ft
10/30/2019 10/30/19 Sold $390,000 -2.5% $98 / Sq Ft View Prior Sale
09/19/2019 09/19/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $399,900 -- $100 / 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 $11,011 $153,571 $37,139 $116,432
2023 $11,011 $137,510 $33,255 $104,255
2022 $7,499 $90,481 $15,764 $74,717
2021 $7,203 $84,427 $14,709 $69,718
2020 $6,142 $82,096 $14,303 $67,793
2019 $8,857 $114,603 $13,678 $100,925
2018 $7,938 $102,672 $13,874 $88,798
2017 $8,126 $97,727 $13,206 $84,521
2016 $8,675 $94,313 $12,745 $81,568
2015 $8,748 $91,914 $12,421 $79,493
2014 $2,724 $34,521 $15,573 $18,948
2012 $2,505 $34,521 $15,573 $18,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11734110

Midwest Real Estate Data (MRED)

APN: 01-34-207-026