NOT LISTED FOR SALE

1042 Butternut Ln Northbrook, IL 60062

Estimated Value: $1,533,000 - $1,679,000

5 Beds
5 Baths
3,153 Sq Ft
$511/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $1,190,000 $377 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $10,445/month

148 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Vaulted Ceiling
  • Greenbriar Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of August 2020

Fabulous NEW construction--just completed and ready for occupancy! And this beauty is ideally situated in one of Northbrook's most sought-after locations-the Highlands--enjoy being just blocks to town, train, library, parks and K - 5 Greenbriar elementary school-it just doesn't get any better! Once again, attention has been paid to every detail by experienced builder exuding the highest quality craftsmanship both inside and out. From the head-turning stone and shake exterior and bead-board barrel portico entry to the fine interior finishes including striking beamed and volume ceilings and premium finishes as 5" planked white oak flooring, everything combines with a wonderful open floor plan creating a sensational premium home. An 8' Brazilian mahogany entry custom door opens to a gracious foyer leading to a 1st floor office/living room. The spectacular gourmet kitchen, featuring a huge quartz center island, color-coordinated furniture-styled Amish custom cabinetry, top stainless Thermador appliances including 48" refrigerator and commercial-grade 6 burner + griddle range/double oven, opens completely to both the magnificent family room and dining room; there is a large walk-in pantry and built-in entertainment/serving bar with glass display cabinetry and beverage fridge. Dramatic rustic Farmhouse beamed/beadboard ceilings add immense architectural interest and friends and family will love to gather around the inviting fireplace. The extra-large dining area, with wainscoting overlooks the lush, expansive backyard. Four spacious bedrooms, all with organized walk-in closets, are located on the upper level, one with its own private bath. The romantic master bedroom boasts dramatic volume ceilings, a deep walk-in closet with built-in dressers and a luxurious bath with oversized shower, double vanities and separate lavatory. The large laundry room is also conveniently located on the 2nd level. The finished lower level has big recreation and game areas, an entertainment center with wet bar & fridge, the fifth bedroom and an additional full bath. A large mud room with cubbies is right off the attached 2-car garage. A very special offering in a fantastic in-town location! Home is vacant and easy to show-- virtual & 3-D tours available as well as interactive floor plans. See attached additional features for more details of this beautiful home!

Last Agent to Sell the Property

Nancy Gibson

@properties Christie's International Real Estate License #475133096 Listed on: 01/29/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Bonnie Tripton

@properties Christie's International Real Estate License #475123611

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,783

Year Built

  • 2020

Lot Details

  • East or West Exposure
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Stone Siding
  • Cedar

Interior Spaces

  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Game Room
  • Storage Room
  • Laundry on upper level
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Finished Basement

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

Outdoor Features

  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,783

Year Built

2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 2020
  • Tax Exemptions: Homeowner
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 2nd Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 11
  • Appliances: Microwave, Dishwasher, High End Refrigerator, Disposal, All Stainless Steel Kitchen Appliances, Range Hood
  • Fireplace Details: Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X07, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: Foyer, 5th Bedroom, Office, Walk In Closet, Mud Room, Recreation Room, Storage, Game Room
  • Master Bedroom: Dimensions: 17X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 16X05, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: 5th Bdrm, Dimensions: 16X12, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Office, Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Walk in Closet, Dimensions: 10X06, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Mud, Dimensions: 09X07, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 6 Name: Recreation Rm, Dimensions: 19X16, On Level: Basement, Flooring: Carpet
  • Additional Room 7 Name: Storage, Dimensions: 08X05, On Level: Basement, Flooring: Other
  • Additional Room 8 Name: Game Rm, Dimensions: 17X16, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 3153
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X17, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar, Stone, Concrete
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch, Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.1806

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 400 Amp Service or Greater
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Schools

  • School District: 225
  • Elementary School: Greenbriar Elementary School
  • Middle School: Northbrook Junior High School
  • High School: Glenbrook North High School
  • Junior High Dist: 28

Lot Info

  • Lot Dimensions: 61 X 129
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 04092040220000

Tax Info

  • Taxes: 8255.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Aug 4, 2020
Sold by
Suram Developers Llc
Bought by
Kelly Michael J and Kelly Family Revocable Trust
Seller's Agent
Nancy Gibson
@properties Christie's International Real Estate
Buyer's Agent
Bonnie Tripton
@properties Christie's International Real Estate
List Price
$1,269,900
Sold Price
$1,190,000
Premium/Discount to List
-$79,900
-6.29%
Current Estimated Value
$1,611,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,849
Avg. Annual Appreciation
6.07%
Original Mortgage
$785,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2019
Closed on
May 6, 2019
Sold by
Hagen Christopher Mars and Hagen Suzanne Gepson
Bought by
Desai Tejas R
Seller's Agent
Marlene Werman
@properties Christie's International Real Estate
Buyer's Agent
Marlene Werman
@properties Christie's International Real Estate
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.90%
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2007
Sold by
Hagen Christopher Mars and Hagen Suzanne Gepson
Bought by
Hagen Christopher Mars and Hagen Suzanne Gepson

Purchase Details

Closed on
Jun 15, 2007
Sold by
Dagaro Alessandro E and Dagaro Renee
Bought by
Hagen Christopher Mars and Gepson Suzanne Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,600
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1999
Sold by
Leibow Richard K and Leibow Karen L
Bought by
Dagaro Allesandro E and Dagaro Renee G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7%
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
Kelly Michael J $1,190,000 Chicago Title
Suram Developers Llc -- Chicago Title
Desai Tejas R $400,000 Chicago Title
Hagen Christopher Mars -- None Available
Hagen Christopher Mars $502,000 Chicago Title Insurance Co
Dagaro Allesandro E $304,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Michael J $785,400
Previous Owner Desai Tejas R $300,000
Previous Owner Hagen Christopher Mars $401,600
Previous Owner Dagaro Allesandro E $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $1,190,000 -3.2% $377 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $1,229,000 -1.6% $390 / Sq Ft
06/05/2020 06/05/20 Price Changed $1,249,000 -1.6% $396 / Sq Ft
01/29/2020 01/29/20 For Sale $1,269,900 +217.5% $403 / Sq Ft
05/15/2019 05/15/19 Sold $400,000 -11.1% $268 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $450,000 -- $301 / 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 $22,783 $97,618 $12,590 $85,028
2023 $25,611 $103,041 $12,590 $90,451
2022 $25,611 $119,000 $12,590 $106,410
2021 $10,773 $43,124 $9,639 $33,485
2020 $9,500 $38,805 $9,639 $29,166
2019 $8,476 $42,613 $9,639 $32,974
2018 $8,255 $38,687 $8,459 $30,228
2017 $8,056 $38,687 $8,459 $30,228
2016 $7,765 $38,687 $8,459 $30,228
2015 $6,885 $31,684 $6,885 $24,799
2014 $6,589 $31,684 $6,885 $24,799
2013 $6,373 $31,684 $6,885 $24,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10622062

Midwest Real Estate Data (MRED)

APN: 04-09-204-022-0000