NOT LISTED FOR SALE

1 Back Bay Dr South Barrington, IL 60010

Estimated Value: $914,000 - $1,166,000

4 Beds
4 Baths
4,981 Sq Ft
$210/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $735,000 $148 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,945/month

78 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Formal Dining Room
  • Attached Garage
  • Barbara B. Rose Elementary School Rated A+

About This Home

As of January 2022

Fantastic opportunity to live in The Coves of South Barrington! This desirable neighborhood offers access to the private 80 acre lake with a gated park, beach, and opportunity to kayak, canoe, fish or swim. This spacious, brick 4 bedroom, 3.5 bathroom home offers a large lot, including a huge brick patio with a view of the expansive back yard, accessible from sliding patio doors from the kitchen and family room, plus a back entrance through the laundry/mud room. The 2-story foyer leads to the living room, with gleaming hardwood floors, and a brick fireplace, and to the kitchen with beautiful granite countertops, including granite backsplash, stainless steel Kitchenaid appliances, a breakfast bar, eating area for your kitchen table, plus unique, imported porcelain chandeliers. From the kitchen, enter the formal dining room with hardwood floors and natural light from front windows. Perfect for your dinner parties or family gatherings. The family room has a striking white masonry fireplace, hardwood floors, and cathedral ceilings that produce wonderful acoustics suited for enjoying music. The master bedroom/bathroom suite has a dual sided fireplace, with the other side facing a spacious sitting room and study. The other bedrooms are good sized with oversized closets; one bedroom has a lovely window seat with storage beneath. The full, finished basement is designed well, offering a large sitting/recreation room, plus two additional separate rooms that would be ideal as office, sewing/arts and crafts, or homework rooms. This home has tons of storage space! Don't miss this opportunity to make this this family home yours, enjoying The Coves of South Barrington, with all its amenities, plus belonging to sought-after District 220 schools!

Last Agent to Sell the Property

Dean Tubekis

Coldwell Banker Realty License #475137834 Listed on: 08/27/2021

Coldwell Banker Realty

Co-Listed By

Kristin Pfad

Coldwell Banker Realty License #471000925

Last Buyer's Agent

Michelle Hilliard

Compass License #475151963

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,545

Year Built

  • 1980

Lot Details

  • 0.91

HOA Fees

  • $54 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Fireplace in Primary Bedroom
  • 4,981 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,545

Year Built

1980

Lot Details

0

HOA Fees

$54 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Co List Office Mls Id: MRD24988
  • Co List Office Phone: (847) 382-3600
  • Directions: Rte 59 S/Hawthorne Rd, left onto IL 62E/Algonquin Rd, ight onto E. Penny Rd, left onto Witt Road, right onto Back Bay drive, home on left.
  • Lot Size: 293X25.1X81X196
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 4981
  • Assessed Sq Ft: 4378
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 4981
  • Basement Sq Ft: 2445
  • Fireplace Location: Family Room,Living Room,Master Bedroom
  • Square Footage Comments: Sq. Ft. estimates by level taken from floor plans (see photos)
  • Total Sq Ft: 7426
  • Upper Level Sq Ft: 2329
  • Main Level Sq Ft: 2652
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Bookcases, Granite Counters, Separate Dining Room
  • Dining Room Type: Eating Area, Study, Exercise Room, Office, Storage, Foyer

Exterior Features

  • Exterior Features: Patio
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Septic-Private
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: unknown
  • Management Contact Name: unknown
  • Management Phone: 888-888-8888
  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Community Features: Lake, Water Rights

Fee Information

  • Association Fee Includes: Insurance, Lake Rights, Other

Schools

  • Elementary School: Barbara B Rose Elementary School
  • High School: Barrington High School
  • Junior High Dist: 220
  • Middle Or Junior School: Barrington Middle School - Stati

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 13096.2
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Jan 5, 2022
Sold by
Chin Elaine G and Chin Sam K
Bought by
Lokhandwala Akbar and Tajmahal Zainab
Seller's Agent
Dean Tubekis
Coldwell Banker Realty
Buyer's Agent
Michelle Hilliard
Compass
List Price
$788,000
Sold Price
$735,000
Premium/Discount to List
-$53,000
-6.73%
Current Estimated Value
$1,043,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,717
Avg. Annual Appreciation
11.54%

Purchase Details

Closed on
Oct 26, 2000
Sold by
Harris Bank Palatine
Bought by
Chen Hsiung Sheng and Chen Chin Hung H

Purchase Details

Closed on
Jul 31, 1996
Sold by
Harris Bank Palatine
Bought by
Chin Elaine G and Chin Sam K

Purchase Details

Closed on
Nov 30, 1994
Sold by
Chin Sam K and Chin Elaine G
Bought by
Harris Bank Palatine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.91%

Purchase Details

Closed on
Nov 18, 1994
Sold by
Cole Taylor Bank
Bought by
Chin Sam K and Chin Elaine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.91%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lokhandwala Akbar $735,000 --
Lokhandwala Akbar $735,000 --
Chen Hsiung Sheng $140,000 --
Chin Elaine G -- --
Harris Bank Palatine -- --
Chin Sam K $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chin Elaine G $500,000
Previous Owner Chin Elaine G $500,000
Previous Owner Chin Elaine G $245,000
Previous Owner Chin Elaine G $400,000
Previous Owner Chin Elaine G $275,000
Previous Owner Chin Sam K $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $735,000 -6.7% $148 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $788,000 -- $158 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,545 $73,000 $11,926 $61,074
2023 $14,727 $73,000 $11,926 $61,074
2022 $14,727 $73,000 $11,926 $61,074
2021 $13,747 $61,254 $7,950 $53,304
2020 $13,408 $61,254 $7,950 $53,304
2019 $13,096 $68,060 $7,950 $60,110
2018 $14,965 $74,903 $6,956 $67,947
2017 $14,586 $74,903 $6,956 $67,947
2016 $14,109 $74,903 $6,956 $67,947
2015 $13,488 $65,065 $5,962 $59,103
2014 $13,423 $65,065 $5,962 $59,103
2013 $12,810 $65,065 $5,962 $59,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11093451

Midwest Real Estate Data (MRED)

APN: 01-26-100-017-0000