NOT LISTED FOR SALE

Estimated Value: $762,272 - $827,000

5 Beds
3.5 Baths
4,850 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $675,000 $139 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,103/month

30 Days on Market

Highlights

  • Lake Front
  • Mature Trees
  • Deck
  • Boat Slip
  • Community Lake
  • Vaulted Ceiling

About This Home

As of August 2022

Welcome to Life on the Lake at this custom dream home-truly one of a kind! Get ready for some fun in the sun and incredible year round living, in this BREATHTAKING home with a gently sloping oversized lot on picturesque Grass Lake! This is not just a home, this is an entire lifestyle! No detail has been overlooked in this absolutely exquisite home rebuilt with its new addition in 2007 which now boasts over 4800 square feet of total living space, you'll love the quality craftsmanship throughout. Located in unincorporated Lake County, this lake home provides some of the lowest taxes on the chain! Imagine, after long days on the lake, retreat to your choice of patio or deck where you can enjoy panoramic views of the lake and the peaceful, serene setting. The large, meticulously maintained yard is ideal for all outdoor activities. Lush greenery and mature trees give superb privacy at this dreamy lake home! You'll love the 5 car garage with double access garage doors for all of your boats, cars and toys (Our sellers fit 3 ski boats, 2 cars and a wave runner!) Yes, please!!! HUGE driveway for add'l parking as well for the lake home parties you've always dreamed of having! The interior is just as beautiful as the spectacular exterior! Step inside to the absolutely pristine open and airy floor plan, filled to the brim with high end custom finishes and upgrades galore! Views of the lake can be enjoyed from the moment you step inside the grand entryway. Recently refreshed pine hardwood floors, incredible picture windows and a soaring ceiling enhance the exquisite light-filled floor plan. The phenomenal vaulted great room offers plenty of room to entertain and relax with custom features throughout. Formal living room off the main entrance is IDEAL for a morning cup of coffee or retreating with a good book. The gourmet chef's kitchen is truly straight out of a magazine! Stunning soapstone countertops and a classic subway tile backsplash are perfectly paired with towering 42" cabinets, a HUGE eat-in center island, walk-in pantry and stainless steel appliances to create a true statement. Entertaining has never been so easy in this lovely flowing floor plan, with the dining area overlooking the deck with scenic views. Take in tree-top views in the sun-drenched screened porch/ 3-seasons room! Lower area of the Main level boasts two spacious bedrooms and a full bath along with a private living room, mud room area and an awesome storage/bonus area! Be sure to head upstairs to see the fabulous loft space with a totally dreamy Juliet balcony overlooking the main living area with breathtaking views of the lake!! So much potential for an office or additional bedrooms for teens, family, guests and more! Head down to the spectacular walkout basement to see two super private wings of amazing additional space including a generously sized bedroom with an en-suite 1/2 bath and private 5th bedroom/office! HUGE storage and laundry area is just awesome for life on the lake! You'll adore the oversized owner suite which has TWO large bonus spaces (would be a perfect office, nursery, or additional bedrooms!) each with their own patios, this is the perfect place to retreat plus a stellar en-suite lux bath with a double bowl vanity, walk-in shower and soaker tub. YES PLEASE! This lakefront stunner has so much to offer! A picturesque home in an idyllic setting with incredible features, custom finishes, plenty of room for the whole family (and more!). This home is fun for all seasons! Enjoy winter fun with Ice skating, Ice fishing, Ice Hockey or a short 10 minute trip to ski at Wilmot Mountain - You can actually see it from your yard! Energy Efficiency important to you? This beauty boasts geothermal heating and cooling! This one is a GEM, you have to see it to believe it! Let the memories begin! ***See Additional Information for House Facts and Features***

Last Agent to Sell the Property

Lisa Wolf

Keller Williams North Shore West License #471008702 Listed on: 06/09/2022

Keller Williams North Shore West

Last Buyer's Agent

Patricia Smarto

Lakes Realty Group License #471000052

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,105

Year Built

  • Built in 1950 | Remodeled in 2007

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 36x249x165x68x50x133x81x21x98
  • Lake Front
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 5 Car Detached Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,850 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Screened Porch
  • Home Gym
  • Wood Flooring
  • Water Views
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Tideland Water Rights
  • Boat Slip
  • Deck
  • Patio

Schools

  • Lotus Elementary And Middle School
  • Grant Community High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well
  • Private or Community Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,105

Year Built

Built in 1950 | Remodeled in 2007

Lot Details

0.72 Acres

Parking

5

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2007
  • Rebuilt Year: 2007
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors
  • LivingArea: 4850
  • Other Equipment: Sump Pump
  • Room Type: Screened Porch, Sitting Room, Bedroom 5, Exercise Room, Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Bathroom: Full
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch, Porch Screened, Boat Slip
  • Foundation Details: Concrete Perimeter
  • Lot Features: Irregular Lot, Lake Front, Water Rights, Water View, Wooded, Mature Trees
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Garage Spaces: 5
  • Number of Cars: 5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Type: Eating Area-Table Space,Island

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Water Rights, Street Lights, Street Paved
  • 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: Lotus School

Lot Info

  • Lot Size Acres: 0.72
  • Lot Dimensions: 36X249X165X68X50X133X81X21X98
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10104.84
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 24, 2022
Sold by
Andrew Martin Leslie and Cognac Brenda
Bought by
Olszewski Peter L and Olszewski Sara
Seller's Agent
Lisa Wolf
Keller Williams North Shore West
Buyer's Agent
Patricia Smarto
Lakes Realty Group
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%
Views
11
Current Estimated Value
$798,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,318
Avg. Annual Appreciation
4.85%
Original Mortgage
$472,500
Outstanding Balance
$447,803
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$350,515

Purchase Details

Closed on
Aug 11, 2005
Sold by
Martin Leslie Andrew
Bought by
Martin Leslie Andrew and Martin Brenda Cognac

Purchase Details

Closed on
Nov 5, 2003
Sold by
Rosin Donna M
Bought by
Martin Leslie Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1999
Sold by
Toland Gordon and Toland Mary Kathryn
Bought by
Jermakowicz Chester T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.76%

Purchase Details

Closed on
Jun 8, 1998
Sold by
Schreiber Kenneth M
Bought by
Toland Gordon and Toland Mary Kathryn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olszewski Peter L $675,000 Chicago Title Insurance
Martin Leslie Andrew -- --
Martin Leslie Andrew $235,000 First American Title
Jermakowicz Chester T $92,500 --
Toland Gordon $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olszewski Peter L $472,500
Previous Owner Martin Leslie Andrew $211,500
Previous Owner Jermakowicz Chester T $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $675,000 -10.0% $139 / Sq Ft
06/09/2022 06/09/22 For Sale $750,000 -- $155 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $11,398 $167,907 $48,158 $119,749
2023 $12,216 $150,346 $43,121 $107,225
2022 $12,216 $153,398 $41,128 $112,270
2021 $10,105 $124,434 $38,377 $86,057
2020 $9,935 $120,997 $37,317 $83,680
2019 $9,373 $115,709 $35,686 $80,023
2018 $9,839 $118,593 $25,923 $92,670
2017 $9,737 $112,881 $24,674 $88,207
2016 $10,400 $108,937 $23,812 $85,125
2015 $10,490 $106,166 $23,206 $82,960
2014 -- $111,737 $28,985 $82,752
2012 $9,954 $116,093 $28,985 $87,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11429920

Midwest Real Estate Data (MRED)

APN: 01-27-307-008

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