NOT LISTED FOR SALE

7 Lighthouse Ln Third Lake, IL 60030

Estimated Value: $445,000 - $489,000

4 Beds
3 Baths
2,600 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $286,000 $110 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,483/month

29 Days on Market

Highlights

  • Attic
  • Heated Sun or Florida Room
  • Attached Garage
  • Grayslake North High School Rated A
  • Breakfast Room
  • Breakfast Bar

About This Home

As of January 2017

Everything has been updated in this 4 bedroom home. Cul de sac location. Exclusive lake rights to both Druce Lake and Third Lake for boating, jet-skiing, fishing, and swimming. . Beautiful kitchen with granite counter tops and a large eat-in kitchen area with french doors leading out to brand new deck. Family room off kitchen has fireplace and french doors leading to 4 season room. Stainless steel appliance, new washer and dryer, new flooring throughout, new carpeting in all bedrooms. Finished basement. New furnace and hot water heater. Entire house inside and out has been freshly painted. New interior and exterior doors. Wrap around porch. Extra long side drive wide enough for RV or Boat. Walk up to huge attice space that can be converted to living space. This home is conveniently located close to the train station, and downtown Grayslake. This home has it all...make it yours today!

Last Agent to Sell the Property

Pina Varga

Re/Max United Listed on: 11/11/2016

Last Buyer's Agent

Kendall Point Feltner

@properties Christie's International Real Estate License #475155253

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,927

Year Built | Renovated

  • 1988 | 2016

Lot Details

  • 10,019

HOA Fees

  • $13 per month

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Breakfast Room
  • Heated Sun or Florida Room
  • Laminate Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Bar
  • Attic

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,927

Year Built | Renovated

1988 | 2016

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 11
  • Living Room: Dimensions: 17X14, On Level: Main Level, Flooring: Wood Laminate
  • Attic: Full, Interior Stair, Unfinished
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X8, On Level: Main Level
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 11X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Attic, Breakfast Room, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Attic, Dimensions: 38X20, On Level: 3rd Level
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 13X10, On Level: Main Level
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Sun/Florida Room Heated, Dimensions: 14X13, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2600
  • Family Room: Dimensions: 20X13, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Acreage: 0.23

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Lake Rights
  • Assessment Association Fees: 150
  • Management Contact Name: Unknown
  • Management Phone: 847-770-1026

Fee Information

  • Management Company: Mariners Cove Homeowners Association

Schools

  • School District: 127
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 99X131X53X135
  • Parcel Identification Number: 06242040590000

Tax Info

  • Taxes: 12168.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Olalde Tracy A
Bought by
Turkowski Jonathan and Turkowski Jessica
Current Estimated Value
$461,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2016
Closed on
Jan 31, 2017
Sold by
Kovacs Steve
Bought by
Olalde Tracy
Seller's Agent
Pina Varga
Re/Max United
Buyer's Agent
Kendall Point Feltner
@properties Christie's International Real Estate
List Price
$292,900
Sold Price
$286,000
Premium/Discount to List
-$6,900
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$257,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2016
Closed on
Aug 10, 2016
Sold by
Fannie Mae
Bought by
Kovacs Steve
Seller's Agent
Basilio Jimenez
Baird & Warner
Buyer's Agent
Pina Varga
Re/Max United
List Price
$218,900
Sold Price
$178,000
Premium/Discount to List
-$40,900
-18.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
209.28%

Purchase Details

Closed on
Feb 29, 2016
Sold by
Linde David S and Case 14 Ch 01018
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 16, 2013
Sold by
Linde David S and Linde Richelle L
Bought by
Linde David S

Purchase Details

Closed on
Feb 1, 2008
Sold by
Froseth Mark
Bought by
Linde David S and Linde Richelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2008
Sold by
Froseth Nancy A and The Nancy A Froseth Revocable
Bought by
Froseth Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2001
Sold by
Froseth Mark S and Froseth Nancy A
Bought by
Froseth Nancy A and The Nancy A Froseth Trust #1

Purchase Details

Closed on
Apr 2, 2001
Sold by
Froseth Nancy A and The Nancy A Froseth Revocable
Bought by
Froseth Mark S and Froseth Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,200
Interest Rate
7.18%

Purchase Details

Closed on
May 29, 1999
Sold by
Froseth Mark S and Froseth Nancy A
Bought by
Froseth Nancy A and The Nancy A Froseth Revocable

Purchase Details

Closed on
Feb 25, 1995
Sold by
Green Michael W and Green Jane M
Bought by
Froseth Mark S and Froseth Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
8.75%
Source: Public Records

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Range of Values:

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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
Turkowski Jonathan $325,000 First American Title
Olalde Tracy $286,000 Ct
Kovacs Steve $178,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- Attorney
Linde David S -- None Available
Linde David S $300,000 First American Title
Froseth Mark -- None Available
Froseth Nancy A -- --
Froseth Mark S -- --
Froseth Nancy A -- --
Froseth Mark S $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turkowski Jonathan $260,000
Previous Owner Olalde Tracy $257,400
Previous Owner Linde David S $300,000
Previous Owner Froseth Mark S $184,200
Previous Owner Froseth Mark S $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $286,000 -2.4% $110 / Sq Ft
12/10/2016 12/10/16 Pending -- -- --
11/11/2016 11/11/16 For Sale $292,900 +64.6% $113 / Sq Ft
08/30/2016 08/30/16 Sold $178,000 -3.7% $74 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
07/20/2016 07/20/16 Price Changed $184,900 -7.5% $77 / Sq Ft
06/20/2016 06/20/16 Price Changed $199,900 -8.7% $83 / Sq Ft
05/20/2016 05/20/16 For Sale $218,900 -- $91 / 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 $10,927 $123,884 $27,508 $96,376
2023 $10,927 $108,283 $24,044 $84,239
2022 $9,748 $93,747 $14,036 $79,711
2021 $9,653 $90,107 $13,491 $76,616
2020 $9,682 $85,734 $12,836 $72,898
2019 $11,359 $98,653 $12,315 $86,338
2018 $11,973 $95,324 $18,972 $76,352
2017 $12,984 $105,954 $17,846 $88,108
2016 $12,471 $97,807 $16,474 $81,333
2015 $12,169 $89,354 $15,050 $74,304
2014 $11,531 $82,539 $11,568 $70,971
2012 $10,981 $86,202 $12,081 $74,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09387346

Midwest Real Estate Data (MRED)

APN: 06-24-204-059