2 months on rocket

404 Melrose Dr, Tower Lakes, IL, 60010

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
3 Full Baths
2,400 SqFt
$229/SqFt
House

Location

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404 Melrose Dr, Tower Lakes$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1934
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontWater View
FireplaceGas Log
MLS #12182011
Lot Size0.29 Acres
StatusActive

About 404 Melrose Dr

Welcome to a very special home filled with the warmth and charm of yesteryear, yet with all the conveniences of today. Both indoor and outdoor spaces celebrate nature with sweeping perennial gardens, two composite decks and views of the lake from many windows. Relax in the huge family room with ledgestone fireplace, vaulted ceiling, access to both decks plus sparkling lake views and awesome sunsets. Updated kitchen, also with views, has newer cherry cabinets, all stainless appliances, granite counters, butlers pantry with working desk, ample table space and sliders to the back deck. Cozy up to the beautiful stone fireplace in the living room/dining room area. Walk out to the side deck. Bright and cheery sunroom is the perfect place to set up your in-home office-also with deck access! A very spacious primary suite features a vaulted ceiling, wall of windows with lake views, his and hers closets, built-in bookcases, window seat with storage and a large primary bathroom with oversized clear glass shower. Plenty of storage in the basement and under the family room addition. This home is close to all of the amenities including lake with private beach, boat landing, tennis courts, volleyball, playground and sports field. Fishing, swimming, boating and social activities for all throughout the year. Relax and unwind as you are surrounded by nature, a beautiful lake, islands, parks and mature trees. You'll discover a lifestyle that is like no other! Award winning Barrington school District 220.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1934
  • Living Area: 2,400 SqFt

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (847) 381-1855
  • Listing Agent: Valerie Gleason

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Full Bath, Built-in Features
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Water View
  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Views, Trees, Garden
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Route 59 to Essex West to Warwick Right, curves to left and becomes Melrose. Home is on the northwest corner of Melrose and Devonshire.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $229/SqFt

HOA Fees:

  • Amount: $800
  • Frequency: Annually
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MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12182011

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (847) 381-1855
  • Listing Agent: Valerie Gleason

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Property Sales & Tax

Listing History

Sep 24, 2018Home Sold
$397,500
Sep 24, 2018Home Sold
$397,500
Oct 06, 1999Home Sold
$182,000
Oct 06, 1999Home Sold
$182,000

History based on county public records data.

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$2,879

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2602308
9
/10

  • North Barrington Elementary School

  • 24175 N Grandview Dr

  • 1.58 miles

  • Public District Grades KG-5

school-card-donut-2602309
6
/10

  • Wauconda Grade Elementary School

  • 225 Osage St

  • 1.74 miles

  • Public District Grades KG-5

school-card-donut-2602310
8
/10

  • Robert Crown Elementary School

  • 620 W Bonner Rd

  • 2.88 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $152,679. The majority of Lake County, IL residents have income between $100k-200k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 404 Melrose Dr

What is the listing price of this property?

The listing price of 404 Melrose Dr property is $550,000.

What type of property is this?

The property 404 Melrose Dr is a house located in Tower Lakes, Illinois, 60010.

Is this property for sale now?

Active Listing: 404 Melrose Dr is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on September 24, 2018 for $397,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 404 Melrose Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 404 Melrose Dr is 2,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 404 Melrose Dr is 1934.

Rocket Homes›Illinois›Lake County›Tower Lakes›60010›404 Melrose Dr

This home is located at 404 Melrose Dr in Tower Lakes, IL and zip code 60010 in the Tower Lake Estates neighborhood. This 2,400 square foot home, which was built in 1934, sits on a 0.29 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $550,000.

While more than 177 listings in Lake County, IL in December 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 345 were sold below. The inventory of homes for sale in Lake County, IL between November 2024 and December 2024 decreased by 9.4%. The median list price of listings available in December 2024 was $370,341, while the average time on the real estate market was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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