NOT LISTED FOR SALE

706 Lake Rd Eureka, IL 61530

Estimated Value: $263,051 - $318,000

3 Beds
2 Baths
2,000 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $242,500 $121 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,931/month

17 Days on Market

Highlights

  • Water Views
  • Community Lake
  • Wooded Lot
  • Eureka High School Rated A-
  • Property is near a park
  • Heated Sun or Florida Room

About This Home

As of July 2024

This rare and captivating tri-level home with breathtaking lake and wooded views awaits you in Eureka! Featuring 3 spacious bedrooms, 2-bathrooms, with the potential for a 4th bedroom/office, and a lower-level walkout family room with a fireplace- perfect for cozy nights in. Major upgrades such as the windows, roof, and HVAC were all updated within the past ten years to help to ensure year-round comfort inside this peaceful home, while the landscaped grounds and brick paver patios create an inviting outdoor atmosphere with tranquil views of the woods and lake. You can also unwind in the sunroom, offering delightful views of the extensive gardens, or retreat to the charming garden cottage, which even features a sleeping loft! An oversized 2-car garage provides ample storage, and the whole house fan promotes energy efficiency. This captivating property is nestled in a scenic location, offering the serenity of lake and wooded views while remaining close to Eureka's charming amenities. Be sure to ask about additional incentives offered if using seller's preferred lender, such as: closing cost credits, interest rate buy downs, and even zero percent down options are available. Don't miss your chance to own this piece of paradise and come see it for yourself!

Last Agent to Sell the Property

Daniel Lamas

Hometown Real Estate Group LLC License #475152747 Listed on: 05/07/2024

Hometown Real Estate Group LLC

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,514

Year Built

  • Built in 1967

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120x125
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Tri-Level Property
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • Whole House Fan
  • Ceiling Fan
  • Stubbed Gas Line For Fireplace
  • Drapes & Rods
  • Window Screens
  • Home Office
  • Heated Sun or Florida Room
  • Laminate Flooring
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Brick Porch or Patio
  • Shed

Location

  • Property is near a park

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Community Details

  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,514

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Multi-Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Multi-Level
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stubbed in Gas Line
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors
  • LivingArea: 2000
  • Other Equipment: CO Detectors, Ceiling Fan(s), Fan-Whole House, Sump Pump
  • Room Type: Office, Heated Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access,Rec/Family Area,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Basement
  • Total Sq Ft: 0
  • Window Features: Curtains/Drapes,Screens

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio, Storms/Screens, Other
  • Foundation Details: Concrete Perimeter
  • Lot Features: Water View, Wooded
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.344
  • Lot Dimensions: 120X125
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4514
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jul 21, 2024
Sold by
Wright William E
Bought by
Martin Christopher L and Wright Eden
Seller's Agent
Daniel Lamas
Hometown Real Estate Group LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$255,000
Sold Price
$242,500
Premium/Discount to List
-$12,500
-4.9%
Views
39
Current Estimated Value
$283,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,013
Avg. Annual Appreciation
11.72%
Original Mortgage
$191,500
Outstanding Balance
$185,183
Interest Rate
1.11%
Mortgage Type
New Conventional
Estimated Equity
$98,330
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Martin Christopher L $242,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Christopher L $191,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $242,500 -4.9% $121 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $255,000 +45.7% $128 / Sq Ft
03/29/2016 03/29/16 Sold $175,000 -7.8% $86 / Sq Ft View Prior Sale
02/06/2016 02/06/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $189,900 -- $94 / 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 $5,354 $74,817 $16,295 $58,522
2023 $4,764 $68,420 $14,902 $53,518
2022 $4,514 $63,741 $13,883 $49,858
2021 $4,399 $60,190 $13,110 $47,080
2020 $4,357 $60,184 $13,109 $47,075
2019 $4,264 $60,584 $13,196 $47,388
2018 $4,358 $60,566 $13,192 $47,374
2017 $4,338 $59,966 $13,061 $46,905
2016 $3,965 $59,966 $13,061 $46,905
2015 $3,196 $58,469 $12,735 $45,734
2014 $3,196 $56,959 $12,406 $44,553
2013 $3,196 $56,959 $12,406 $44,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12047984

Midwest Real Estate Data (MRED)

APN: 13-24-104-003