Seller's Agent in 2025
Scott Paul
RE/MAX Suburban
(847) 274-3591
81 in this area
132 Total Sales
400 Seafarer Dr Third Lake, IL 60030
3
Beds
3
Baths
1,825
Sq Ft
0.26
Acres
Highlights
- Deck
- Traditional Architecture
- Home Office
- Grayslake North High School Rated A
- Wood Flooring
- Formal Dining Room
About This Home
As of September 2025Enjoy Lakeside Living in Mariner's Cove! Welcome to Mariner's Cove, a unique community nestled between two beautiful lakes. Residents enjoy motorboating and jet skiing on Third Lake, or a peaceful paddle by canoe or kayak on non-motorized Druce Lake. A sandy beach offers the perfect spot to relax and unwind. This well-maintained 3-bedroom, 3-bath home offers 1,825 sq. ft. of comfortable living space and is located right next to the neighborhood playground. First and second floors have been freshly repainted. The heated 2-car garage includes new garage doors, and the spacious deck overlooks a serene, private backyard-ideal for entertaining or simply enjoying the outdoors. Inside, you'll find a cozy family room with a gas-log fireplace, a finished basement featuring an office and workshop, and a primary suite complete with a private bath and walk-in closet. Don't miss this opportunity to enjoy the best of lakeside living. See it today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,712
Year Built
- Built in 1985
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 130x127x33x155
HOA Fees
- $21 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Home Design
- Traditional Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,825 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Attached Fireplace Door
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Home Office
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer
Basement
- Partial Basement
- Sump Pump
Outdoor Features
- Deck
Schools
- Avon Center Elementary School
- Grayslake North High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- Any Association
- Mariners Cove Subdivision
- Property managed by Mariner's Cove
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2025
Closed on
Sep 23, 2025
Sold by
William & Lynda Oesterreich Trust and Oesterreich Lynda
Bought by
Margot Anita Bergstrom Schwalbe Revocable Liv and John Paul Schwalbe Revocable Living Trust
Seller's Agent
Scott Paul
RE/MAX Suburban
Buyer's Agent
Leslie Gleason
Coldwell Banker Realty
List Price
$369,900
Sold Price
$342,500
Premium/Discount to List
-$27,400
-7.41%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,208
Avg. Annual Appreciation
11.96%
Original Mortgage
$242,500
Outstanding Balance
$242,286
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$112,422
Purchase Details
Closed on
Apr 29, 2008
Sold by
Oesterreich William H and Oesterreich Lynda
Bought by
Oesterreich William H and Oesterreich Lynda
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $342,500 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $242,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | Sold | $342,500 | -7.4% | $188 / Sq Ft |
| 08/29/2025 08/29/25 | Pending | -- | -- | -- |
| 08/12/2025 08/12/25 | For Sale | $369,900 | -- | $203 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,702 | $115,448 | $18,310 | $97,138 |
| 2023 | $8,573 | $102,021 | $16,180 | $85,841 |
| 2022 | $8,573 | $85,699 | $16,975 | $68,724 |
| 2021 | $7,976 | $78,344 | $15,518 | $62,826 |
| 2020 | $8,178 | $76,419 | $15,137 | $61,282 |
| 2019 | $7,978 | $74,201 | $14,698 | $59,503 |
| 2018 | $6,366 | $61,037 | $16,242 | $44,795 |
| 2017 | $6,415 | $59,288 | $15,777 | $43,511 |
| 2016 | $6,369 | $56,649 | $15,075 | $41,574 |
| 2015 | $6,367 | $53,726 | $14,297 | $39,429 |
| 2014 | $9,097 | $74,267 | $14,097 | $60,170 |
| 2012 | $8,513 | $74,836 | $14,205 | $60,631 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Paul
-
Leslie Gleason
Buyer's Agent in 2025
Leslie Gleason
Coldwell Banker Realty
(312) 969-0098
2 in this area
41 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12444762
APN: 07-19-304-003
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