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38 Magnolia Drive, Putnam, IL 61560
$415,000
38 Magnolia Drive, Putnam, IL 61560View this property at 38 Magnolia Drive, Putnam, IL 61560
38 Magnolia DrivePutnamIL61560
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Property Description
RARELY AVAILABLE ... 6 Bedroom, 3 Bath home with 278 FEET of PRIVATE WATER FRONTAGE on a DOUBLE LOT. This vacation oasis is located on beautiful Lake Thunderbird, just 2 hours Southwest of Chicago. The lake frontage of this property is so vast, it creates a private swimming cove for homeowners to utilize. Use the adjacent lot to create a private beach, build a garage or construct a gazebo on the highest point of the land for spectacular views of the lake. The possibilities are endless! Enter the home on the property and your eyes will soon discover NEW engineered hardwood flooring, vaulted ceilings and loads of windows with amazing lake views throughout. The living room greets you and opens directly into the updated kitchen. The kitchen boasts white cabinetry, stainless steel appliances, a breakfast bar and walk-in pantry. An eating area also complements the space. The kitchen flows directly into the family room with wood burning fireplace, built-in shelving, and new French doors. Off the family room you will find two large bedrooms and a hall bath. The master suite is located on the opposite end of the home and is comprised of a large walk-in closet and master bath with double sinks, separate shower, and whirlpool tub. Head downstairs to another level of living. The walkout basement consists of a large bar, game area and a recreation room with a gas burning fireplace. Three sizable bedrooms and a bath are also located on the lower level, along with a laundry room and loads of storage. Head outside to the expansive deck that provides beautiful views of the lake. A few steps down and you are at the waterfront. The private driveway allows for ample parking. A newer roof and siding, updated kitchen, tankless water heater, new septic motor with warranty and more add to the value of this home. Enjoy all the amenities that Lake Thunderbird has to offer including 112 ACRES OF LAKE, SWIMMING POOL, PRIVATE BEACH, RENOVATED CLUBHOUSE, PARKS, NATURE TRAILS, VOLLEYBALL, BASKETBALL, TENNIS, MINI GOLF, DISC GOLF, FISHING, SPECIAL EVENTS AND MORE! Access to all the amenities is included in the low annual assessment. This is an estate sale. Home is clean and well-maintained and being sold As-Is. PLEASE NOTE: THE ADDRESS ON THE HOME IS 36 MAGNOLIA DRIVE, BUT THE HOMES CORRECT ADDRESS IS 38 MAGNOLIA DRIVE.
Full Property Details
Full Property Details for 38 Magnolia Dr
General
- Price: $415,000
- HOA FEE: $85/month
- HOA FEE FREQ.: Annually
- Taxes: $7,086 (2022)
- Status: Active
- Type: Single Family
- MLS ID: 11997407
- Updated: 3/12/2024
- Added to Site: 59 day(s) ago
Rental Information
- Complex Features: Clubhouse, Park, Pool, Tennis Court(s), Lake, Dock, Water Rights, Street Paved
Interior
- Basement: Full
- Interior Features: Vaulted/Cathedral Ceilings, Skylight(s), Wet Bar, First Floor Bedroom, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Some Carpeting, Some Wood Floors, Drapes/Blinds, Pantry
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Basement, Wood-Burning, Gas Log, Gas Starter
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
- Bathroom Features: Whirlpool, Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 6
- Bedrooms(Blw Grade): 3
Exterior
- Exterior Features: Deck, Patio, Storms/Screens
Parking
- Total Spaces: 3
- Parking Features: Off-Street
- Parking Ownership: Owned
- Parking Type: Space(s)
Location
- Area: Lake Thunderbird / Putnam
- County: Putnam
- Township: Senachwine
- Subdivision: Lake Thunderbird
- Driving Directions: LAKE THUNDERBIRD DR TO MAGNOLIA DR FOLLOW TO CUL DE SAC
School Information
- School District: 5
- Elem School District: 5
- Midd School District: 5
- High School District: 5
Community
- Assoc. Fees Include: Clubhouse, Pool, Lake Rights, Other
- Mgmt. Company: LAKE THUNDERBIRD ASSOCIATION
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Propane
Utilities
- Sewer: Private Septic System
- Water: Public, Community Well
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 2,400
- Sq. Ft. Source: Builder
- Year Built: 1991
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 198 x 151 x 278 x 273
- Driveway/Sidewalk: Gravel
- Lot Features: Cul-De-Sac, Lake Front, Water View, Wooded, Mature Trees
Water Features
- Water Front: Yes
Financial Considerations
- Association Fee: $1,024
- Assoc Fee Freq.: Annually
- Parking Included: Yes
- Assessment Year: 1991
- Tax Amount: $7,086
- Tax Year: 2022
- Pays Sewer: Septic-Private
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 300070040
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Schools
Schools serving 38 Magnolia Dr
School District:Henry-Senachwine Community Unit School District 5
Rating | Name | Grades | Distance |
---|---|---|---|
201 Richard St, Henry, IL 61537 | PK-8 | 8.1 mi | |
1023 College St, Henry, IL 61537 | 9-12 | 7.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 38 Magnolia Dr
Date
Details
Price
Change
Source
3/06/2024
Listed
$415,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 38 Magnolia Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$6,277
3%
$77,476
4%
2021
$6,095
22%
$74,189
23%
2020
$4,983
4%
$60,500
4%
2019
$4,801
3%
$57,899
5%
2018
$4,667
928%
$55,141
2%
2017
$454
-90%
$54,030
5%
2016
$4,450
12%
$51,353
1%
2015
$3,971
—
$50,719
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 38 Magnolia Dr
38 Magnolia Drive, Putnam, IL 61560 (MLS# 11997407) is a Single Family property with 6 bedrooms and 3 full bathrooms. 38 Magnolia Drive is currently listed for $415,000 and was received on March 06, 2024. Want to learn more about 38 Magnolia Drive? Do you have questions about finding other Single Family real estate for sale in Putnam? You can browse all Putnam real estate or contact a Coldwell Banker agent to request more information.