420 N East Gateway Dr Tower Lakes, IL 60010
Tower Lake Neighborhood
4
Beds
2.5
Baths
3,090
Sq Ft
0.54
Acres
Highlights
- Beach Access
- Lake Privileges
- Community Lake
- North Barrington Elementary School Rated A
- Mature Trees
- Fireplace in Kitchen
About This Home
As of June 2025Move right in! This beautiful home is located in the highly desirable Tower Lakes neighborhood. It sits on a large, spacious lot with mature trees and lake rights. The house features four roomy bedrooms and newly finished hardwood floors throughout. The remodeled kitchen boasts new cabinets, quartz countertops, stainless steel appliances-including a beverage refrigerator-a fireplace, and a large island perfect for family gatherings. Step through the sliding glass door to the concrete patio and enjoy the relaxing backyard. The living room is generously sized and features an accent wall with easy access to the kitchen. A first-floor office adds convenience for remote work or study. Upstairs, you'll find four bedrooms and two bathrooms, along with a bonus room that can serve various purposes, such as a playroom or additional storage. Recent updates include remodeled bathrooms, a revamped kitchen, new light fixtures, fresh paint, a new front door, and an epoxy garage floor. The house is situated in a picturesque neighborhood that offers community private water rights, a sandy beach, scenic walking paths, and plentiful fishing spots. Residents can enjoy on-site tennis and pickleball matches and participate in lively community events like the Progressive Dinner, chili cook-offs, and 4th of July festivities. This home is located within the award-winning Barrington School District, making it the perfect setting for your family to thrive. This house is a perfect "10." Don't wait-come see it today!
Last Agent to Sell the Property
Baird & Warner License #475157999 Listed on: 06/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,649
Year Built
- Built in 1970 | Remodeled in 2025
Lot Details
- 0.54 Acre Lot
- Lot Dimensions are 145.1x174.9x133.9x175
- Mature Trees
HOA Fees
- $75 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,090 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Family Room
- Living Room
- Formal Dining Room
- Home Office
- Bonus Room
- Wood Flooring
Kitchen
- Double Oven
- Dishwasher
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Beach Access
- Tideland Water Rights
- Lake Privileges
Location
- Property is near a park
Schools
- North Barrington Elementary Scho
- Barrington Middle School-Station
- Barrington High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include lake rights
- Association Phone (815) 790-9600
- Tower Lakes Subdivision
- Community Lake
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2025
Closed on
Jun 19, 2025
Sold by
Metzler Todd
Bought by
420 Gateway Llc
Seller's Agent
Maria Metzler
Baird & Warner
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$656,000
Sold Price
$676,000
Premium/Discount to List
$20,000
3.05%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-97.59%
Purchase Details
Listed on
Jun 19, 2024
Closed on
Oct 24, 2024
Sold by
Richter Julie R
Bought by
Metzler Todd
Seller's Agent
Lisa Jensen
Keller Williams North Shore West
Buyer's Agent
Maria Metzler
Baird & Warner
List Price
$435,000
Sold Price
$405,000
Premium/Discount to List
-$30,000
-6.9%
Views
113
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.66%
Purchase Details
Closed on
Aug 31, 2000
Sold by
Defrances Anthony J and Defrances Eileen M
Bought by
Richter Julie R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
8.15%
Similar Home in Tower Lakes, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $676,000 | None Listed On Document | |
| Warranty Deed | $405,000 | None Listed On Document | |
| Warranty Deed | $285,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $141,000 | New Conventional | |
| Previous Owner | $148,000 | New Conventional | |
| Previous Owner | $227,000 | Unknown | |
| Previous Owner | $228,000 | Unknown | |
| Previous Owner | $228,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Sold | $676,000 | +3.0% | $219 / Sq Ft |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | For Sale | $656,000 | +62.0% | $212 / Sq Ft |
| 10/31/2024 10/31/24 | Sold | $405,000 | -3.6% | $131 / Sq Ft |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- |
| 09/09/2024 09/09/24 | Price Changed | $420,000 | -3.4% | $136 / Sq Ft |
| 07/08/2024 07/08/24 | For Sale | $435,000 | 0.0% | $141 / Sq Ft |
| 06/26/2024 06/26/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | For Sale | $435,000 | -- | $141 / 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 | $10,649 | $158,852 | $33,799 | $125,053 |
| 2023 | $9,912 | $141,205 | $30,805 | $110,400 |
| 2022 | $9,912 | $122,268 | $34,850 | $87,418 |
| 2021 | $9,753 | $120,188 | $34,257 | $85,931 |
| 2020 | $9,529 | $119,816 | $34,151 | $85,665 |
| 2019 | $9,192 | $116,655 | $33,250 | $83,405 |
| 2018 | $9,845 | $127,303 | $38,343 | $88,960 |
| 2017 | $9,767 | $124,746 | $37,573 | $87,173 |
| 2016 | $8,942 | $133,537 | $36,156 | $97,381 |
| 2015 | $9,549 | $128,432 | $33,911 | $94,521 |
| 2014 | $8,177 | $104,853 | $28,596 | $76,257 |
| 2012 | $10,076 | $133,950 | $29,088 | $104,862 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Metzler
Seller's Agent in 2025
Maria Metzler
Baird Warner
(847) 372-0154
2 in this area
50 Total Sales
-
Exclusive Agency
E
Buyer's Agent in 2025
Exclusive Agency
NON MEMBER
-
Lisa Jensen
Seller's Agent in 2024
Lisa Jensen
Keller Williams North Shore West
(815) 790-9600
1 in this area
400 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12375733
APN: 13-02-405-013
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