Coming Soon

5318 3 Lake Estates Ln, Edwardsville, IL, 62025

$480,000

Home List Price

$5,700*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
3,712 SqFt
$129/SqFt
House

Location

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5318 3 Lake Estates Ln, Edwardsville$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached Garage
Attached Garage2 spaces
Year Built1997
HeatingDual System, Forced Air
CoolingElectric
BasementYes
FireplaceGas Starter
MLS #24072047
Lot Size3.64 Acres
Active DateDecember 01, 2024
StatusComing Soon

About 5318 3 Lake Estates Ln

STUNNING LAKE VIEWS & A TRANQUIL, SERENE SETTING. If you're looking to get away from the busy city life- yet still be close enough to amenities- then, look no further than this! Nestled on over 3.6 acres, this 3 bed, 3.5 bath w/a finished walkout LL awaits! The open floor plan boasts vaulted ceilings, an expansive great rm w/fireplace, kitchen & separate dining area. Finish to the LL includes: A family rm, media rm, entertainment rm as well as a bonus rm & full bath- the LL is light & bright w/an abundance of windows allowing natural lighting & lake views. The unfinished area features a work-shop, ample storage space & a garage door for easy access for lawn equipment & storage for the outdoor furnishings. Outdoors: a deck spans the back of the home & boasts a screened-in area - all overlooking the fenced backyard & lake & a small patio is near the lake for added enjoyment. All this & a Whole house generator, too! According to USDA, property may be eligible for rural housing financing.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1997
  • Living Area: 3,712 SqFt

Listing Office:

  • Office Name: Re/Max Alliance

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement: Yes
  • Interior: Open Floorplan, Carpets, Vaulted Ceiling, Walk-in Closet(s)
  • Fireplace: Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot Size: 3.64 Acres

Utilities

Utilities Information:

  • Heating: Dual System, Forced Air
  • Cooling: Electric

Other

Directions Information:

  • Directions: State Route 157 to Old Carpenter Rd. to Grove Rd. to 3 Lake Estates

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
  • Price Per SqFt: $129/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,845
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Edwardsville, IL.

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Edwardsville, IL

City

Med. Sold Price

$318K

Med. Price/SqFt

$145

Avg. Days On Market

101

# of Sold Homes

27

5318 3 Lake Estates Ln vs Edwardsville

$480,000

+$162K More

$129/SqFt

-$17 Less

KEY TAKEAWAY

This property is $162K more than the Median Sold Price and $17/SqFt less than other homes in Edwardsville, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24072047

Listing Office:

  • Office Name: Re/Max Alliance

IDX Listings courtesy of Mid America Regional Information System 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.

IDX Based on information submitted to the 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.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID 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. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:23:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 18, 2020Home Sold
$390,000
Sep 02, 2016Home Sold
$338,000
Oct 25, 2007Home Sold
$320,000
Mar 29, 2001Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,845$128,180
2019$8,549$125,040
2018$8,549$116,400
2017$8,241$116,400

History based on county public records data.

Payment Calculator

$2,496

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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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.

Nearby Schools

school-card-donut-843558
5
/10

  • Columbus Elementary School

  • 315 N Kansas St

  • 3.21 miles

  • Public District Grades 3-5

school-card-donut-843559
3
/10

  • Woodland Elementary School

  • 59 S State Route 157

  • 4.05 miles

  • Public District Grades 3-5

school-card-donut-843560
5
/10

  • Meadowbrook Intermediate School

  • 111 W Roosevelt Dr

  • 6.22 miles

  • Public District Grades 4-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $112,952. Typical income of Edwardsville, IL residents is between $100k-200k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5318 3 Lake Estates Ln

What is the listing price of this property?

The listing price of 5318 3 Lake Estates Ln property is $480,000.

What type of property is this?

The property 5318 3 Lake Estates Ln is a house located in Edwardsville, Illinois, 62025.

Is this property for sale now?

Coming Soon: 5318 3 Lake Estates Ln is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,845 (source: MLS/based on county public records data).

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

The last sale was on February 18, 2020 for $390,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5318 3 Lake Estates Ln has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5318 3 Lake Estates Ln is 3,712 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5318 3 Lake Estates Ln is 1997.

Rocket Homes›Illinois›Madison County›Edwardsville›62025›5318 3 Lake Estates Ln

This home is located at 5318 3 Lake Estates Ln in Edwardsville, IL and zip code 62025. This 3,712 square foot home, which was built in 1997, sits on a 3.64 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $480,000.

In October 2024, from all listings sold in Edwardsville, IL there were more than 7 sold above asking price, over 11 sold below and more than 9 were sold right at the asked price. Between September 2024 and October 2024, Edwardsville, IL real estate market has seen increase in the number of listings by 11.8%. While the average time on the market in October 2024 was 101 days, the median list price was $318,000.

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

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