NOT LISTED FOR SALE

501 Shoshoni Trail Lake Villa, IL 60046

Estimated Value: $456,000 - $517,093

3 Beds
3 Baths
2,828 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $265,000 $94 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,575/month

97 Days on Market

Highlights

  • Water Views
  • Deck
  • Recreation Room
  • Thompson Elementary School Rated A-
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of February 2019

WOW!Get Ready to be amazed!Always dreamed of a living in a tranquil lake community?This unique contemporary home at prestigious Ishnala Estate offers a sunny front deck with lake views, steps from sunny beach and crystal clear waters of Deep Lake!We invite you to step into a dramatic 2 story foyer leading to a living room with vaulted ceilings,exposed beams and new hardwood floors.Open floor plan,great for entertaining leads to a spacious family/dining area and chef's kitchen with island, SS appliances,granite c-tops and wine rack!Wraparound deck to enjoy the warm days.Luxurious master suite with brand new spa like bath with roman shower and soaking tub, his and her closet+attached sitting/nursery room and private balcony.Over 4000 sq ft of finished living space!NEW roof/gutters,floors,bathrooms,doors,fixtures,freshly painted.First floor laundry.All of this+3 car garage,deep enough for boat or truck/trailer.Option of invisible fence.Excellent schools!So much NEW!HURRY,see it today

Last Agent to Sell the Property

Nina Bahlova

Dream to Realty License #471019177 Listed on: 09/25/2018

Last Buyer's Agent

Dan Timm

Baird & Warner License #475130749

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,589

Year Built

  • 1988

Lot Details

  • 10,019

HOA Fees

  • $13 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Sitting Room
  • Home Office
  • Recreation Room
  • Loft
  • Storage Room
  • Wood Flooring
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Rights

Additional Features

  • Deck
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,345 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,589

Year Built

1988

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 26-30 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 2858
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 11
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Attic: Full, Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X8, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 13X8, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 13X13, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler
  • Additional Rooms: Foyer, Recreation Room, Storage, Loft, Office, Sitting Room
  • Master Bedroom: Dimensions: 15X17, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 13X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm, Dimensions: 21X22, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Storage, Dimensions: 40X22, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 4 Name: Loft, Dimensions: 7X9, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 5 Name: Office, Dimensions: 14X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Sitting, Dimensions: 23X9, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2828
  • Estimated Total Finished Sq Ft: 4009
  • Basement Sq Ft: 1535
  • Basement Finished Sq Ft: 1151
  • Main Level Sq Ft: 2858
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 13X19, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Acreage: 0.2323

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • Assessment Association Fees: 150
  • Management Contact Name: Ishnala Homeowners
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Ishnala HOA

Schools

  • School District: 117
  • Elementary School: William L Thompson School
  • Middle School: Peter J Palombi School
  • High School: Lakes Community High School
  • Junior High Dist: 41
  • Other Public School: College of Lake County

Lot Info

  • Lot Dimensions: 98X109X101X97
  • Lot Description: Corner, Water Rights, Water View
  • Parcel Identification Number: 02334020010000

Tax Info

  • Taxes: 10462.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Jan 7, 2019
Sold by
Rayome Kyle and Rayome Christina
Bought by
Shipman Mark and Shipman Lisa
Seller's Agent
Nina Bahlova
Dream to Realty
Buyer's Agent
Dan Timm
Baird & Warner
List Price
$289,900
Sold Price
$265,000
Premium/Discount to List
-$24,900
-8.59%
Current Estimated Value
$496,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,023
Avg. Annual Appreciation
9.81%
Original Mortgage
$198,750
Outstanding Balance
$174,025
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$321,998

Purchase Details

Closed on
Mar 20, 2008
Sold by
Roberts William J and Donnelly Roberts Diana
Bought by
Rayome Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,821
Interest Rate
5.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2001
Sold by
St Paul Federal
Bought by
Roberts William J and Donnelly Roberts Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.18%

Purchase Details

Closed on
Dec 7, 2000
Sold by
Harrington
Bought by
St Paul Federal

Purchase Details

Closed on
Aug 4, 1999
Sold by
Harrington Charles A
Bought by
Harrington Eileen M J
Source: Public Records

Range of Values:

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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
Shipman Mark $265,000 Chicago Title
Rayome Kyle $275,000 Stewart Title Company
Roberts William J $245,000 --
St Paul Federal -- --
Harrington Eileen M J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipman Mark $198,750
Previous Owner Rayome Kyle $265,821
Previous Owner Roberts William J $196,000
Closed Roberts William J $36,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $265,000 -3.6% $94 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
11/14/2018 11/14/18 Price Changed $275,000 -5.1% $97 / Sq Ft
11/10/2018 11/10/18 For Sale $289,900 0.0% $103 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $289,900 -- $103 / 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 $11,589 $133,767 $18,242 $115,525
2023 $10,429 $118,190 $16,118 $102,072
2022 $10,429 $102,207 $15,013 $87,194
2021 $9,911 $94,944 $13,946 $80,998
2020 $9,700 $91,902 $13,499 $78,403
2019 $10,475 $88,325 $12,974 $75,351
2018 $10,795 $95,132 $15,211 $79,921
2017 $10,462 $92,595 $14,805 $77,790
2016 $10,607 $88,846 $14,206 $74,640
2015 $10,225 $82,979 $13,268 $69,711
2014 $10,821 $93,439 $15,850 $77,589
2012 $9,971 $93,889 $15,926 $77,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10094082

Midwest Real Estate Data (MRED)

APN: 02-33-402-001