$300,000
SOLD JUL 20, 2025

54 Fairoaks Dr Putnam, IL 61560

3 Beds
2 Baths
2,016 Sq Ft
1995 Built

Recently Sold

$149 Per Sq Ft

5% Below List Price

334 Days on Market

Highlights

  • Waterfront
  • Laundry Room
  • Central Air
  • Family Room with Fireplace
  • 1-Story Property
  • Dining Room

About This Home

As of July 2025

Summertime and lake life is calling! Nestled in a serene setting, this inviting 3 bedroom, 2 bath retreat offers a warm and cozy escape from the everyday. The heart of the home is a spacious kitchen boasting generous counter space, seamlessly connected to a cozy living room anchored by a striking stone fireplace (heatilator) with a beautifully carved mantel, and sliding door opening to a water view. On the lower level, a spacious family room awaits, complete with another charming stone fireplace, and game table space, making this the perfect area for movie nights and friendly competitions. Step outside to find a two-car garage providing ample storage space for vehicles and outdoor gear, ensuring convenience and practicality. Head to the water where the allure of waterfront living awaits with a newer boat dock and power lift for the included pontoon boat, ensuring effortless access to Lake Thunderbird's sparkling waters. This home sits on a quiet section of the lake, so no wakes hitting your shore or crashing into your boat - leaving you to enjoy the privacy, the ability to float off your dock, and a peaceful kayaking area. But this haven isn't just about the home itself - it's about the lifestyle. Enjoy the stocked lakes best fishing spots, ideal boating conditions, and a host of amenities including a refreshing pool and a sandy private beach. Engage with the community through a calendar of events scheduled throughout the year. Whether you are seeking a peaceful retreat surrounded by nature's beauty or an active lakeside lifestyle filled with recreational pursuits, this property offers the perfect blend of comfort and adventure. Embrace the warmth of woodsy comfort and the allure of lakeside living at Lake Thunderbird. This is one of the best values for a lake front property in the tri-state area. Your dream home awaits! 2 year old BENNINGTON PONTOON BOAT IS INCLUDED in the sale!! Imagine all the fun of cruising around the lake on your practically new boat - fishing, swimming, or joining a pontoon flotilla! Don't miss this opportunity!

Last Agent to Sell the Property

Jack Wolf

RE/MAX 10 License #471010770 Listed on: 07/16/2024

RE/MAX 10

Last Buyer's Agent

Valerie Shalati

Village Realty, Inc. License #471004224

Village Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,732

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 70x204
  • Waterfront

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Dishwasher
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Association fees include water, insurance, security, clubhouse, pool, lake rights
  • Manager Association, Phone Number (815) 437-2757
  • Property managed by Lake Thunderbird HOA

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,732

Year Built

Built in 1995

Lot Details

0

HOA Fees

$61 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 2
  • LivingArea: 2016
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 314900
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Propane
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 726
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Thunderbird HOA
  • Management Contact Name: manager
  • Management Phone: 815-437-2757

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Clubhouse, Pool, Lake Rights

Schools

  • Middle/Junior School District: 5

Lot Info

  • Lot Dimensions: 70X204
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5732
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2007
Sold by
Garrigan Sharon L

Purchase Details

Closed on
Aug 29, 2000
Source: Public Records

Similar Homes in Putnam, IL

  • 7 Cedar Ln N, Putnam, IL 61560

    $262,900

    • 3 Beds
    • 2 Baths
    • 1,900 Sq Ft
    • 7 Cedar Ln N
    • Putnam, IL

    Discover this newer home in Lake Thunderbird, on large lot with partial lake view during the wintertime. House features 3 bedrooms, 2 bathrooms, open floor plan, vaulted ceilings, stone fireplace, hardwood floors, and walk out full basement. The large basement is waiting to be finished, with tons of potential for additional living space and a 3rd bathroom. This is a terrific house with plenty of

    Jolanta Wilkowska Hometown Real Estate

    Section Image
  • 38 Magnolia Dr, Putnam, IL 61560

    $350,000

    • 6 Beds
    • 3 Baths
    • 2,400 Sq Ft
    • 38 Magnolia Dr
    • Putnam, IL

    218 FEET OF PRIVATE LAKEFRONT! Don't miss this rare opportunity to own a WATERFRONT home situated on beautiful Lake Thunderbird, just 2 hours southwest of Chicago! This 6 bedroom, 3 bath home with walkout basement is located on a quiet cul-de-sac on a highly sought after lot. THE WATERFRONT OF THIS PROPERTY IS SO VAST IT PROVIDES A PRIVATE SWIMMING COVE. Enter the home and your eyes will soon

    Stephanie Pellegrino Platinum Partners Realtors

    Section Image
  • 1 Wherry Dr, Putnam, IL 61560

    $239,000

    • 3 Beds
    • 1.5 Baths
    • 1,288 Sq Ft
    • 1 Wherry Dr
    • Putnam, IL

    Serene area with beautiful 3 bedroom, 1 3/4 bath, attached 2 car garage, mostly finished basement, and home Generac generator. Home has had new flooring in mudroom, 3/4 bath, and main level living area. Home is a lovely corner lot with a winter view of the lake. Beach area is a short walk. Don't miss out on this lovely home and Lake Thunderbird Association amenities! Broker interest As-Is Estate.

    Stacy Pochert-Rohr Chismarick Realty, LLC

    Section Image
  • 50 Barbados Dr, Putnam, IL 61560

    $309,900

    • 3 Beds
    • 2 Baths
    • 1,870 Sq Ft
    • 50 Barbados Dr
    • Putnam, IL

    Discover the stunning lake lifestyle you've always envisioned! Situated in a vibrant and highly sought-after lake community, this exquisite home seamlessly blends comfort, convenience, and recreational opportunities. Embrace life at Lake Thunderbird, where swimming, boating, fishing, and picturesque walking trails await you-just moments from your doorstep. This remarkable home boasts three

    joe Barry Swanson Real Estate

    Section Image
  • 8 Birch Dr, Putnam, IL 61560

    $339,000

    • 4 Beds
    • 3 Baths
    • 1,400 Sq Ft
    • 8 Birch Dr
    • Putnam, IL

    Very nice newer home on two flat lots at Lake Thunderbird, close to clubhouse and lake. 5 bedrooms, 3 baths, full basement, 2 car attached garage. We have a beach, swimming, fishing and lots more, We are just 2 hours from Downtown Chicago in the middle of Central IL., Close to the IL River and Starved Rock State Park, HOA 1082/yr. Come visit for a day, you may decide to spend the rest of your

    Lucia Nowak Nowak Real Estate LLC

    Section Image
  • 3 Wood Dr, Putnam, IL 61560

    $329,900

    • 3 Beds
    • 2.5 Baths
    • 1,703 Sq Ft
    • 3 Wood Dr
    • Putnam, IL

    Beautiful brick open concept home in the desirable Lake Thunderbird community sitting on a corner lot. This home features 3 bedrooms and 2 and a half baths all on the main level. Basement is partially finished which allows for additional space for entertaining, relaxing, or a spot for weekend guests. Storage is no issue with unfinished space in the basement, large two car garage and back yard

    Bethany Coleman-Weger Local Realty Group, Inc.

    Section Image
  • 10 Senachwine Cir, Putnam, IL 61560

    $284,000

    • 3 Beds
    • 2 Baths
    • 1,593 Sq Ft
    • 10 Senachwine Cir
    • Putnam, IL

    Live the Lake Thunderbird life! Whether you are looking for a permanent or vacation home, this 3 bedroom, 2 bath ranch is for you. Located just a few blocks from the beach, it is situated on a partially wooded lot. The open floor plan lends itself to entertaining. Brand new kitchen cabinets and countertops were installed just few weeks ago by Cherry Tree Cabinets. Kitchen features custom solid

    Melissa Burrows Success Realty Property Management, LLC

    Section Image
  • 79 Timberland Dr, Putnam, IL 61560

    $355,000

    • 4 Beds
    • 2 Baths
    • 1,649 Sq Ft
    • 79 Timberland Dr
    • Putnam, IL

    In person viewing will be the only way to appreciate this stunning cabin style home built in 2004 by the current owner. As soon as you drive up, you will find the peace and tranquillity offered by this beautiful home, situated on two lots. Take a moment to sit on the front porch and listen to the calming sounds of nature, realizing that this could be your life. But be prepared for even more!

    Jackie Martin Landmark Realty of Illinois LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $230,000 --
Deed $130,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Sold $300,000 -4.7% $149 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
05/25/2025 05/25/25 For Sale $314,900 +5.0% $156 / Sq Ft
12/04/2024 12/04/24 Off Market $300,000 -- --
10/20/2024 10/20/24 Price Changed $314,900 -1.6% $156 / Sq Ft
08/13/2024 08/13/24 Price Changed $319,900 -8.6% $159 / Sq Ft
07/16/2024 07/16/24 For Sale $349,900 -- $174 / 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 $6,963 $85,300 $16,344 $68,956
2023 $5,732 $74,633 $14,300 $60,333
2022 $4,803 $59,280 $14,233 $45,047
2021 $4,663 $56,765 $13,629 $43,136
2020 $5,728 $69,545 $25,235 $44,310
2019 $5,496 $66,280 $24,668 $41,612
2018 $5,343 $63,123 $23,493 $39,630
2017 $5,178 $61,599 $23,493 $38,106
2016 $5,084 $58,665 $22,374 $36,291
2015 $4,536 $57,941 $22,098 $35,843
2014 $4,237 $55,938 $21,334 $34,604
2013 $4,452 $58,945 $22,481 $36,464
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12112854

Midwest Real Estate Data (MRED)

APN: 03-00-061-070