NOT LISTED FOR SALE

Estimated Value: $656,000 - $831,000

4 Beds
4 Baths
3,118 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $512,500 $164 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,755/month

209 Days on Market

Highlights

  • Lake Front
  • Spa
  • Landscaped Professionally
  • Boat Slip
  • Heated Floors
  • Deck

About This Home

As of March 2020

** JUST REDUCED FOR IMMEDIATE SALE - A MUST SEE**Entertainment Dream! Open Concept Renovated home with over 125 feet of waterfront on 2 sides of the home. Situated on Pistakee Bay with 3 tier deck and brick paver waterfront entertainment space (built in Hot tub). Expansive 270 degree views of the water from the living and deck areas right across the bay from the Oak Park Lounge fireworks show. Over $200k in top of the line renovations including natural hardwood, and travertine tile heated floors (even the basement slate floors are heated!). Indoor living space feels like you are still outdoors. Family room, Dining room, Bar area, Study and Bonus sitting area all have the 270 degree views of the water. Private real wood Swedish Sauna, shower and sitting room in separate out building on the water. Master Bedroom with on-suite has custom built steam shower with rainfall and body spray. Every room was uniquely designed with the greatest use of the space and best materials. Located at the end of a short very private side road.

Last Agent to Sell the Property

Gregg Swanson

RE/MAX Suburban License #475122677 Listed on: 07/22/2019

RE/MAX Suburban

Last Buyer's Agent

Matthew Liss

Mark Allen Realty ERA Powered License #471011805

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,755

Year Built

  • 1925

Lot Details

  • Lake Front
  • Property fronts a lake that is connected to a chain of lakes
  • Fenced Yard
  • Landscaped Professionally
  • Wooded Lot

Parking

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

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Slate

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Den
  • Recreation Room
  • Bonus Room
  • Heated Enclosed Porch
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Bar Refrigerator
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Double Shower
  • Steam Shower
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Boat Slip
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,755

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hot Tub, Bar-Wet, Hardwood Floors, Heated Floors, In-Law Arrangement
  • Number Of Rooms: 12
  • Living Room: Dimensions: 31X16, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Refrigerator-Bar, Freezer, Washer, Dryer, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan, Sump Pump, Sprinkler-Lawn, Air Cleaner
  • Fireplace Details: Wood Burning
  • Attic: Pull Down Stair
  • Fireplace Location: Living Room
  • Basement: Walkout
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Steam Shower, Double Sink, Garden Tub, Double Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X11, On Level: Lower, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 16X15, On Level: Main Level, Flooring: Stone, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Den, Recreation Room, Enclosed Porch Heated, Bonus
  • Master Bedroom: Dimensions: 21X12, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Den, Dimensions: 20X10, On Level: Main Level, Flooring: Travertine, Windows: All
  • Additional Room 2 Name: Recreation Rm, Dimensions: 14X15, On Level: Basement, Flooring: Slate, Windows: None
  • Bedroom 2: Dimensions: 10X9, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 3 Name: Enclosed Porch Heated, Dimensions: 25X13, On Level: Main Level, Flooring: Travertine
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 4 Name: Bonus, Dimensions: 10X20, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 13X11, On Level: Lower, Flooring: Slate, Windows: None
  • Additional Room 5 Name: Bar, Dimensions: 10X12, On Level: Main Level, Flooring: Travertine, Windows: All
  • Estimated Sq Ft: 3118
  • Dining Room Type: Separate
  • Family Room: Dimensions: 40X10, On Level: Main Level, Flooring: Travertine, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Slate
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck, Patio, Hot Tub, Porch Screened, Boat Slip
  • Acreage: 0.5

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air, Radiant

Condo/Co-op/Association

  • Assessed Sq Ft: 3118

Schools

  • School District: 156
  • Elementary School: Hilltop Elementary School
  • Middle School: Mchenry Middle School
  • High School: Mchenry High School-East Campus
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 105X165
  • Lot Description: Chain of Lakes Frontage, Fenced Yard, Lake Front, Landscaped Professionally, Water View, Wooded
  • Parcel Identification Number: 1017376007

Tax Info

  • Taxes: 18544.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Mar 3, 2020
Sold by
Believers Family Retreat Llc
Bought by
Shao Michael and Shao Karla
Seller's Agent
Gregg Swanson
RE/MAX Suburban
Buyer's Agent
Matthew Liss
Mark Allen Realty ERA Powered
List Price
$599,900
Sold Price
$512,500
Premium/Discount to List
-$87,400
-14.57%
Current Estimated Value
$752,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,090
Avg. Annual Appreciation
7.84%
Original Mortgage
$410,000
Outstanding Balance
$366,345
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$395,469

Purchase Details

Closed on
Jun 4, 2014
Sold by
Schutt Michael and Schutt Susan
Bought by
Believers Family Retreat Llc

Purchase Details

Closed on
Oct 12, 2011
Sold by
Betzold Nicholas W and Betzold Birgit
Bought by
Schutt Michael and Schutt Susan

Purchase Details

Closed on
Nov 10, 2006
Sold by
Betzold Nicholas W
Bought by
Betzold Nicholas W and Betzold Birgit

Purchase Details

Closed on
Jul 1, 2005
Sold by
Nashan Charles Leroy and Nashan Richard D
Bought by
Betzold Nicholas W
Source: Public Records

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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
Shao Michael $512,500 Fidelity National Title
Believers Family Retreat Llc -- Fidelity National Title
Schutt Michael $485,000 Chicago Title
Betzold Nicholas W -- Chicago Title Insurance Co
Betzold Nicholas W $925,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shao Michael $410,000
Previous Owner Nashan Richard D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $512,500 -11.6% $164 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
10/30/2019 10/30/19 Price Changed $579,900 -3.3% $186 / Sq Ft
09/26/2019 09/26/19 For Sale $599,900 0.0% $192 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $599,900 -- $192 / 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
2023 $18,755 $215,031 $81,734 $133,297
2022 $17,118 $191,401 $75,827 $115,574
2021 $16,360 $178,247 $70,616 $107,631
2020 $15,855 $170,816 $67,672 $103,144
2019 $17,427 $180,529 $64,260 $116,269
2018 $18,544 $172,343 $61,346 $110,997
2017 $17,897 $161,749 $57,575 $104,174
2016 $17,404 $151,167 $53,808 $97,359
2013 -- $148,831 $52,977 $95,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10459647

Midwest Real Estate Data (MRED)

APN: 10-17-376-007