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38 Magnolia Dr, Putnam, IL, 61560

$415,000

Home List Price

$4,928*

Closing Credit

3 Bedrooms
3 Full Baths
2,400 SqFt
$173/SqFt
House
Schools Nearby

Location

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38 Magnolia Dr, Putnam$415,000

Buyer Closing Credits

$4,928*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1991
HeatingPropane
CoolingCentral Air
BasementYes
WaterfrontLake Front, Waterfront
FireplaceWood Burning, Gas Log, Gas Starter
MLS #11997407
StatusActive

About 38 Magnolia Dr

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1991
  • Living Area: 2,400 SqFt

Listing Office:

  • Office Name: Platinum Partners Realtors
  • Office Phone: (630) 376-4401
  • Listing Agent: Stephanie Pellegrino

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Stainless Steel Appliance(s)
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, First Floor Bedroom, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Some Carpeting, Some Wood Floors, Drapes/Blinds, Pantry
  • Fireplace: Wood Burning, Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront
  • Exterior: Deck, Patio, Storms/Screens

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Waterfront, Views, Wooded, Trees

Utilities

Utilities Information:

  • Heating: Propane
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Henry-Senachwine High School, Public District Grades 9-12
  • Henry-Senachwine Grade School, Public District Grades PK-8

Other

Directions Information:

  • Directions: LAKE THUNDERBIRD DR TO MAGNOLIA DR FOLLOW TO CUL DE SAC

Price Information

Listing Price Info

Price Summary:

  • List Price: $415,000
  • Price Per SqFt: $173/SqFt

HOA Fees:

  • Amount: $1024
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,983
  • Tax Year: 2020
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Housing Market Comparison

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

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Putnam, IL

City

Med. List Price

$269.4K

Med. Price/SqFt

$166

Avg. Days On Market

44

# of Sold Homes

1

38 Magnolia Dr vs Putnam

52 DAYS ON ROCKET

+8 Days

$415,000

+$145.5K More

$173/SqFt

+$6 More

KEY TAKEAWAY

This property is $145.5K more than the Median List Price and $6/SqFt more than other homes in Putnam, IL.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11997407

Listing Office:

  • Office Name: Platinum Partners Realtors
  • Office Phone: (630) 376-4401
  • Listing Agent: Stephanie Pellegrino

IDX 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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

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.

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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

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). 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: 4/27/2024, 8:15:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,983$60,500
2019$4,801$57,899
2018$4,667$55,141

History based on county public records data.

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$2,224

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,311

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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.

Middle School

school-card-donut-1574506
4
/10

  • Henry-Senachwine Grade School

  • 201 Richard St

  • 8.15 miles

  • Public District Grades PK-8

High School

school-card-donut-1574507
2
/10

  • Henry-Senachwine High School

  • 1023 College St

  • 7.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $96,951. The most common annual income of people living in Putnam, IL is between $100k-200k. Most 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 38 Magnolia Dr

What is the listing price of this property?

The listing price of 38 Magnolia Dr property is $415,000.

What type of property is this?

The property 38 Magnolia Dr is a house located in Putnam, Illinois, 61560.

Is this property for sale now?

Active Listing: 38 Magnolia 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 38 Magnolia Dr are:
Henry-Senachwine Grade School: GreatSchools Rating 4/10
Henry-Senachwine High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,983 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 38 Magnolia Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 38 Magnolia Dr is 2,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 38 Magnolia Dr is 1991.

Rocket Homes›Illinois›Putnam County›Putnam›61560›38 Magnolia Dr

This home is located at 38 Magnolia Dr in Putnam, IL and zip code 61560. This 2,400 square foot home was built in 1991. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $415,000.

The number of listings in Putnam, IL increased by 57.1% between February 2024 and March 2024. In March 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $269,450.

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

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