NOT LISTED FOR SALE

Estimated Value: $671,572 - $707,000

3 Beds
3 Baths
2,418 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $515,000 $213 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,930/month

37 Days on Market

Highlights

  • Lake Front
  • Docks
  • Community Lake
  • Buffalo Grove High School Rated A+
  • Mature Trees
  • Deck

About This Home

As of May 2022

COME LIVE THE LAKE LIFE! Rarely available Waterfront walk-out ranch in the desirable neighborhood of Terramere, in Buffalo Grove school district. Well cared for and loved 3-bedroom, 3 full bath home on a nicely kept lot with great curb appeal! This home is located on a quiet street, and is convenient to local schools, restaurants, shopping and highways. You'll walk into a beautiful foyer with open concept and great flow between the living room, family room, kitchen, and dining areas. All bedrooms are generous in size and have multiple walk-in closets for storage. Three bedrooms and two full baths are on the main floor, with a third full bath in the lower level. Do you like to entertain? You'll love the HUGE walk-out finished basement and full bar. Exit the lower level to your backyard sanctuary and enjoy fun in the sun from your own dock. Fishing, floating, kayaking or family ice skating are steps away. Non-motorized lake. This home would benefit from some cosmetic updates and has GREAT POTENTIAL. Bring your design ideas and make this your waterfront HGTV dream home! No known issues however home is being sold "AS-IS".

Last Agent to Sell the Property

Brandon Salinas

Keller Williams North Shore West License #475195163 Listed on: 02/25/2022

Keller Williams North Shore West

Last Buyer's Agent

Vencie Luna

Realta Real Estate License #475134272

Realta Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,120

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 59x120
  • Lake Front
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Walk-Out Ranch
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,418 Sq Ft Home
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Water Views

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Access To Lake
  • Tideland Water Rights
  • Docks
  • Balcony
  • Deck
  • Brick Porch or Patio
  • Exterior Lighting
  • Shed

Location

  • Property is near a park

Schools

  • Henry W Longfellow Elementary Sc
  • Cooper Middle School
  • Buffalo Grove High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Terramere Subdivision
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,120

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch, Walk-Out Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Terramere
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • 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, Gas Oven
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • LivingArea: 2418
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Door Features: Sliding Doors,Storm Door(s),Sliding Glass Door(s)
  • Window Features: Insulated Windows

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Lake Front, Water Rights, Water View, Mature Trees, Dock, Lake Access, Outdoor Lighting, Views, Sidewalks, Streetlights, Waterfront
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt,Brick
  • 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, Electric Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Water Rights, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Henry W Longfellow Elementary Sc
  • High School: Buffalo Grove High School
  • Middle/Junior School: Cooper Middle School

Lot Info

  • Lot Dimensions: 59X120
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 10119.98
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2015
Sold by
Walczak Anton W and Walczak Arlene I
Bought by
The Walczak Family Trust
Current Estimated Value
$684,893

Purchase Details

Closed on
Aug 26, 2003
Sold by
Walczak Anton W and Walczak Arlene I
Bought by
Walczak Anton W and Walczak Arlene I

Purchase Details

Closed on
Jul 31, 2002
Sold by
Fearheiley Nancy L
Bought by
Walczak Anton W and Walczak Arlene I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$142,807
Interest Rate
5.5%
Mortgage Type
Unknown
Estimated Equity
$542,086

Purchase Details

Closed on
Dec 12, 1995
Sold by
Fearheiley George L and Fearheiley Nancy L
Bought by
Fearheiley Nancy L
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
The Walczak Family Trust -- Attorney
Walczak Anton W -- --
Walczak Anton W $500,000 Chicago Title Insurance Co
Fearheiley Nancy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walczak Anton W $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $515,000 -4.6% $213 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/30/2022 03/30/22 Price Changed $540,000 -1.8% $223 / Sq Ft
03/14/2022 03/14/22 Price Changed $550,000 -2.7% $227 / Sq Ft
03/03/2022 03/03/22 For Sale -- -- --
02/27/2022 02/27/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $565,000 -- $234 / 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 $16,140 $51,500 $12,296 $39,204
2023 $15,783 $51,500 $12,296 $39,204
2022 $15,783 $59,000 $12,296 $46,704
2021 $10,255 $35,639 $8,115 $27,524
2020 $10,120 $35,639 $8,115 $27,524
2019 $10,118 $39,381 $8,115 $31,266
2018 $12,876 $44,041 $7,131 $36,910
2017 $12,674 $44,041 $7,131 $36,910
2016 $12,413 $44,041 $7,131 $36,910
2015 $11,261 $37,682 $6,148 $31,534
2014 $11,128 $37,682 $6,148 $31,534
2013 $10,314 $37,682 $6,148 $31,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11328982

Midwest Real Estate Data (MRED)

APN: 03-06-207-010-0000