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: Waterfront
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
School Info
Assigned Schools Information:
Barrington High School, Public District Grades 9-12
Barrington Middle School Station, Public District Grades 6-8
North Barrington Elementary School, Public District Grades KG-5
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: $559,000
Price Per SqFt: $233/SqFt
HOA Fees:
Amount: $800
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
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
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.
All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,923
Per Month
Principal & Interest
$2,790
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$66
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,742
Powered By
Advertisement
NMLS#3030
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.
Elementary School
9
/10
North Barrington Elementary School
310 N Il Route 59
Distance between this listing and this school5.46 miles
Public District Grades KG-5
Middle School
8
/10
Barrington Middle School Station
215 Eastern Ave
Distance between this listing and this school5.95 miles
Public District Grades 6-8
High School
7
/10
Barrington High School
616 W Main St
Distance between this listing and this school5.41 miles
Public District Grades 9-12
Assigned Schools
9
/10
North Barrington Elementary School
310 N Il Route 59
Distance between this listing and this school5.46 miles
Public District Grades KG-5
Nearby Schools
6
/10
Wauconda Grade School
225 Osage St
Distance between this listing and this school1.77 miles
Public District Grades PK-5
8
/10
Seth Paine Elementary School
50 Miller Rd
Distance between this listing and this school2.92 miles
Public District Grades KG-5
Assigned Schools
8
/10
Barrington Middle School Station
215 Eastern Ave
Distance between this listing and this school5.95 miles
Public District Grades 6-8
Nearby Schools
4
/10
Wauconda Middle School
217 Slocum Lake Rd
Distance between this listing and this school1.89 miles
Public District Grades 6-8
8
/10
Lake Zurich Middle - N Campus
95 Hubbard Ln
Distance between this listing and this school3.06 miles
Public District Grades 6-8
Assigned Schools
7
/10
Barrington High School
616 W Main St
Distance between this listing and this school5.41 miles
Public District Grades 9-12
Nearby Schools
6
/10
Wauconda High School
555 N Main St
Distance between this listing and this school2.28 miles
Public District Grades 9-12
9
/10
Lake Zurich High School
300 Church St
Distance between this listing and this school4.14 miles
The neighbors living near this home have an average income of $152,679. Residents of Lake County, IL typically earn between $100k-200k each year. Most families are married, no kids. Residents of this area typically have post secondary degree education.
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 $559,000.
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.
What are the assigned schools for this property?
The assigned schools for 404 Melrose Dr are: North Barrington Elementary School: GreatSchools Rating 9/10Barrington Middle School Station: GreatSchools Rating 8/10Barrington High School: GreatSchools Rating 7/10
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.
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 $559,000.
Over 245 listings were sold over their listed price in October 2024 in Lake County, IL. In the same period over 320 listings were sold below the listed price and 114 listings were sold for the listed price. The inventory of homes for sale in Lake County, IL between September 2024 and October 2024 increased by 9.8%. In October 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $365,389.
From Rocket Homes Real Estate and based on county public records data.