Seller's Agent in 2025
Valerie Gleason
Baird Warner
(847) 341-1856
5 in this area
31 Total Sales
406 E Tower Dr Tower Lakes, IL 60010
Tower Lake NeighborhoodEstimated Value: $269,140 - $299,000
2
Beds
1
Bath
1,140
Sq Ft
$253/Sq Ft
Est. Value
Highlights
- Community Lake
- Deck
- Wood Flooring
- North Barrington Elementary School Rated A
- Property is near park
- 2-minute walk to Iverson park
About This Home
As of July 2025Here's your chance to experience a year around vacation lifestyle! This Tower Lakes gem is just steps to the lake and beach. Enjoy swimming, fishing, a picnic or go boating! You'll love all the recent updates including a new roof (2025), new kitchen (2025) with white cabinetry, granite counters, stainless appliances and new flooring. New neutral carpeting has just been installed in the bedrooms. The updated bathroom features an oversized clear glass shower and classy tile flooring. Newly refinished (2025) hardwood floors in the living room and dining room, a cozy fireplace, private deck and mature trees. The entire interior has been freshly painted in a soft neutral tone. New siding is coming! This home has lots of charm and is located close to all of the amenities including lake with private beach, boat launch, tennis courts, volleyball court, playground and sports field. There are social activities for all throughout the year. Relax and unwind as you are surrounded by nature, a beautiful lake, islands and parks. You'll discover a lifestyle that is like no other! Award winning Barrington School District 220.
Last Agent to Sell the Property
Baird & Warner License #475103665 Listed on: 06/16/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,490
Year Built
- Built in 1925
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 125x50
HOA Fees
- $75 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Cottage
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,140 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room with Fireplace
- Dining Room
Kitchen
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
Basement
- Sump Pump
- Crawl Space
Outdoor Features
- Tideland Water Rights
- Deck
Location
- Property is near park
Schools
- North Barrington Elementary Scho
- Barrington Middle School-Station
- Barrington High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Well
- Septic Tank
Community Details
Overview
- Association fees include lake rights
- Tower Lakes Subdivision, Custom Floorplan
- Community Lake
Recreation
- Tennis Courts
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2025
Closed on
Jul 18, 2025
Sold by
Bought by
Seller's Agent
Valerie Gleason
Baird & Warner
Buyer's Agent
Lisa Mullen
Compass
List Price
$270,000
Sold Price
$275,000
Premium/Discount to List
$5,000
1.85%
Views
48
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
$13,285
Avg. Annual Appreciation
5.71%
Original Mortgage
$239,250
Outstanding Balance
$238,837
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$49,448
Purchase Details
Closed on
Feb 21, 2010
Sold by
Bought by
Purchase Details
Closed on
Nov 30, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 14, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 1997
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
6.75%
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $275,000 | Chicago Title | ||
| $125,000 | Acquest Title Services Llc | ||
| $165,000 | St | ||
| $197,500 | -- | ||
| $101,666 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $239,250 | ||
| Previous Owner | $132,000 | ||
| Previous Owner | $152,500 | ||
| Previous Owner | $137,200 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Sold | $275,000 | +1.9% | $241 / Sq Ft |
| 06/18/2025 06/18/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | For Sale | $270,000 | -- | $237 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,668 | $64,888 | $10,428 | $54,460 |
| 2024 | $4,490 | $61,192 | $9,834 | $51,358 |
| 2023 | $3,664 | $55,771 | $8,963 | $46,808 |
| 2022 | $3,664 | $51,601 | $10,139 | $41,462 |
| 2021 | $3,597 | $50,724 | $9,967 | $40,757 |
| 2020 | $3,508 | $50,567 | $9,936 | $40,631 |
| 2019 | $3,375 | $49,233 | $9,674 | $39,559 |
| 2018 | $3,379 | $50,298 | $11,004 | $39,294 |
| 2017 | $3,367 | $49,288 | $10,783 | $38,505 |
| 2016 | $3,248 | $47,429 | $10,376 | $37,053 |
| 2015 | $3,082 | $44,484 | $9,732 | $34,752 |
| 2014 | $3,020 | $42,438 | $8,173 | $34,265 |
| 2012 | $2,938 | $43,168 | $8,314 | $34,854 |
Source: Public Records
Agents Affiliated with this Home
-
Valerie Gleason
-
Lisa Mullen
Buyer's Agent in 2025
Lisa Mullen
Compass
(847) 553-5504
1 in this area
49 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12395086
APN: 13-02-304-022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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