NOT LISTED FOR SALE

Estimated Value: $1,192,000 - $1,339,000

6 Beds
6 Baths
4,706 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $781,000 $166 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $9,162/month

302 Days on Market

Highlights

  • Horses Allowed On Property
  • Home Theater
  • Multiple Garages
  • Countryside Elementary School Rated A
  • In Ground Pool
  • Landscaped Professionally

About This Home

As of March 2020

Fabulous estate like no other! Set on 7+ acres this gorgeous property includes in-ground pool, pool house, barn & extra garage with 2nd floor studio space. The welcoming home has a two-story foyer, large rooms, flowing floor plan, hardwood floors, beautiful light fixtures & built-ins. Grand living & dining rooms are perfect for special occasions. The renovated kitchen features center island, granite counters, breakfast bar, eating area & Wolf, Viking & Sub-Zero appliances. The adjacent family room with fireplace offers open concept living. A large home office is nearby. The elegant master bedroom with fireplace has a luxury bath with separate shower, jetted tub & dual sinks. A private suite is perfect for nanny or live-in. Entertain in the finished lower level with wet bar, fireplace, rec room & media area. Enjoy resort living at home! Relax poolside, on the patios or in the pool house with kitchenette, wet bar, changing room & full bath. Don't miss this special place!

Last Agent to Sell the Property

Dean Tubekis

Coldwell Banker Realty License #475137834 Listed on: 04/11/2019

Coldwell Banker Realty

Last Buyer's Agent

Susan Ferry

Keller Williams Success Realty License #475128822

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,621

Year Built

  • 1964

Lot Details

  • Landscaped Professionally
  • Mature Trees

HOA Fees

  • $50 per month

Parking

  • Garage
  • Multiple Garages
  • Circular Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Entrance Foyer
  • Home Theater
  • Home Office
  • Recreation Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • In Ground Pool
  • Patio

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,621

Year Built

1964

Lot Details

0

HOA Fees

$50 per month

Parking

5

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 5
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 4.2
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, 1st Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 13
  • Living Room: Dimensions: 21X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Wine Cooler/Refrigerator, Cooktop, Oven/Built-in, Other
  • Equipment: Humidifier, Central Vacuum, Sump Pump, Backup Sump Pump;, Power Generator
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 14X9, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 22X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 27X18, On Level: Main Level, Flooring: Porcelain Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Foyer, Media Room, Office, Recreation Room, Storage
  • Master Bedroom: Dimensions: 20X18, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 18X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 22X17, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Office, Dimensions: 28X23, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Recreation Rm, Dimensions: 43X25, On Level: Basement, Flooring: Wood Laminate
  • Bedroom 4: Dimensions: 14X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Media Rm, Dimensions: 18X18, On Level: Basement, Flooring: Ceramic Tile
  • Additional Room 6 Name: Foyer, Dimensions: 14X12, On Level: Main Level
  • Additional Room 7 Name: Storage, Dimensions: 13X9, On Level: Main Level
  • Additional Room 8 Name: Other, Dimensions: 18X11, On Level: Basement, Flooring: Ceramic Tile
  • Estimated Sq Ft: 4706
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X19, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: 6.0-7.99 Acres
  • Exterior Building Type: Brick, Stone
  • Exterior Property Features: Patio, Pool In-Ground
  • Acreage: 7.46

Garage/Parking

  • Number of Cars: 5
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage Details: Multiple Garages
  • Garage On Site: Yes
  • Number Garage Spaces: 5
  • Driveway: Asphalt, Circular
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Special Assessments: U
  • Assessed Sq Ft: 7181
  • Assessment Association Fees: 600
  • Management Contact Name: Unknown
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Unknown

Schools

  • School District: 220
  • Elementary School: Countryside Elementary School
  • Middle School: Barrington Middle School - Stati
  • High School: Barrington High School
  • Junior High Dist: 220

Lot Info

  • Lot Dimensions: 324958
  • Lot Description: Horses Allowed, Landscaped Professionally, Mature Trees
  • Parcel Identification Number: 2031276011

Tax Info

  • Taxes: 22324.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Rayne Adam and Kamath Rayne Beena
Bought by
Rayne Adam S and Adam S Rayne Trust
Current Estimated Value
$1,278,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,387
Outstanding Balance
$580,941
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$661,916

Purchase Details

Listed on
Apr 11, 2019
Closed on
Mar 16, 2020
Sold by
Scheffler Peter G and The Tracy T Scheffler Trust
Bought by
Rayne Adam and Kamath Rayne Beena
Seller's Agent
Dean Tubekis
Coldwell Banker Realty
Buyer's Agent
Susan Ferry
Keller Williams Success Realty
List Price
$799,000
Sold Price
$781,000
Premium/Discount to List
-$18,000
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$85,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2008
Sold by
Scheffler Peter G and Scheffler Tracy T
Bought by
Scheffler Tracy T and The Tracy T Scheffler Trust

Purchase Details

Closed on
Dec 8, 2006
Sold by
Johnson Thomas
Bought by
Scheffler Peter G and Scheffler Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2003
Sold by
Harris Trust & Savings Bank
Bought by
Johnson Thomas F

Purchase Details

Closed on
Sep 24, 2000
Sold by
Johnson Thomas F and Johnson Ellen Y
Bought by
Harris Bank Palatine and Trust #7139

Purchase Details

Closed on
Jan 1, 2000
Sold by
Harris Bank Palatine
Bought by
Johnson Thomas F and Johnson Ellen Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
8.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 18, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Suburban National Bank Of Palatine
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
Rayne Adam S -- None Available
Rayne Adam $781,000 Chicago Title
Scheffler Tracy T -- None Available
Scheffler Peter G $1,250,000 Multiple
Johnson Thomas F -- --
Harris Bank Palatine -- --
Johnson Thomas F -- Stewart Title Company
Suburban National Bank Of Palatine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rayne Adam $633,387
Closed Rayne Adam $85,750
Previous Owner Scheffler Tracy T $600,000
Previous Owner Scheffler Peter $500,000
Previous Owner Scheffler Peter G $417,000
Previous Owner Scheffler Peter G $1,000,000
Previous Owner Harris Bank Palatine Na $1,100,000
Previous Owner Johnson Thomas $200,000
Previous Owner Johnson Thomas $200,000
Previous Owner Johnson Thomas F $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $781,000 -2.3% $166 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $799,000 0.0% $170 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/24/2020 01/24/20 Price Changed $799,000 -9.1% $170 / Sq Ft
12/05/2019 12/05/19 For Sale $879,000 0.0% $187 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
06/08/2019 06/08/19 Price Changed $879,000 -11.9% $187 / Sq Ft
04/11/2019 04/11/19 For Sale $998,000 -- $212 / 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 $24,621 $358,958 $98,152 $260,806
2023 $27,047 $321,043 $87,785 $233,258
2022 $21,953 $279,414 $133,137 $146,277
2021 $22,035 $269,860 $124,033 $145,827
2020 $22,569 $260,307 $119,642 $140,665
2019 $23,630 $312,972 $172,849 $140,123
2018 $22,325 $289,120 $159,676 $129,444
2017 $21,401 $272,369 $150,425 $121,944
2016 $20,365 $255,458 $141,085 $114,373
2013 -- $238,310 $131,614 $106,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10340596

Midwest Real Estate Data (MRED)

APN: 20-31-276-011