NOT LISTED FOR SALE

1070 Glencrest Dr Inverness, IL 60010

Estimated Value: $1,251,722 - $1,379,000

5 Beds
6.5 Baths
5,186 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $1,175,000 $227 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,750/month

45 Days on Market

Highlights

  • In Ground Pool
  • Multiple Garages
  • Deck
  • Grove Avenue Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Recreation Room

About This Home

As of May 2024

Here is your opportunity to purchase an impressive home in beautiful Glencrest! This stately Dior built property is impressive from the street and expansive inside. Amazing features such as the in-ground pool and 5 car garage are just the start. Step through the front door and be greeted by the 2-story entry flanked by the formal dining room and generous study with built-ins and fireplace. As you move through the home, the grand 2-story great room is sure to grab your attention. A soaring fireplace, built-in wet bar and ample windows for natural light are all here. This space flows to the more cozy hearth/living room with its own fireplace and access to the large deck overlooking the tree-lined back yard and in-ground pool! The island kitchen again offers ample space including a bay eating area and walk-in pantry. The main floor is completed by the 5th bedroom with attached full bath, powder room and laundry room. Ascending upstairs, you will find 4 bedrooms, each in an en-suite arrangement with private full bath, walk-in closet and raised ceiling detail. The primary retreat includes a fireplace, coffee bar and bay seating area. The primary bath is more than spacious with everything you would expect. And don't forget about the oversized walk-in closet, it's impressive. No one will feel short changed with any of these 4 bedroom suites. In addition, the full finished walkout lower level adds an abundance of additional living space. In addition to the large recreation area with fireplace and access to the lower level patio, you will also find the inviting wet bar, wine room, and additional spaces for a home theatre area, gaming area or whatever your wants may be. All of this and there is still ample storage space. Now lets not forget about that 5 car garage and in-ground pool. The garages are arranged in a 3 car heated attached garage and an additional 2 car detached garage arrangement connected by a valet courtyard. With 8ft doors and high ceilings, these offer enough volume for car lifts, if 5 spaces isn't enough. Also the in-ground pool is surrounded by a stamped concrete patio and includes a diving board, slide and integrated hot tub! If summer fun is something you're looking for, this will be hard to beat! The property is an estate sale and is being sold "As-Is".

Last Agent to Sell the Property

Chris Jacobs

Century 21 Circle License #471007090 Listed on: 03/01/2024

Century 21 Circle

Last Buyer's Agent

Sal Cinquegrani

ARNI Realty Incorporated License #475127748

ARNI Realty Incorporated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,226

Year Built

  • Built in 1999

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 419x215x351
  • Sprinkler System

Parking

  • 5 Car Garage
  • Multiple Garages
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 5,186 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Library with Fireplace
  • Recreation Room
  • Storage Room
  • Utility Room with Study Area
  • Wood Flooring

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Schools

  • Grove Avenue Elementary School
  • Barrington Middle School Prairie
  • Barrington High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well
  • Multiple Water Heaters
  • Water Softener is Owned
  • Private or Community Septic Tank

Community Details

  • Glencrest Subdivision, Custom Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,226

Year Built

Built in 1999

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Glencrest
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Trash Compactor, Wine Refrigerator, Cooktop, Water Softener Owned, Gas Cooktop
  • Basement: Full, Walkout
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 5
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Ceilings - 9 Foot, Separate Dining Room
  • LivingArea: 5186
  • Other Equipment: Humidifier, Water-Softener Owned, Central Vacuum, Security System, Intercom, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Multiple Water Heaters
  • Room Type: Bedroom 5, Study, Recreation Room, Other Room, Walk In Closet, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement,Den/Library
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio, In Ground Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 1325000
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 5
  • ParkingTotal: 5
  • Driveway: Asphalt,Circular
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Grove Avenue Elementary School
  • High School: Barrington High School
  • Middle/Junior School: Barrington Middle School Prairie
  • Middle/Junior School District: 220

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.15
  • Lot Dimensions: 419X215X351
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 20225.84
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 21, 2024
Sold by
Yu Guangling and Cao Carolyn
Bought by
Liosatos Anastasios Peter and Liosatos Amanda Marie
Seller's Agent
Chris Jacobs
Century 21 Circle
Buyer's Agent
Sal Cinquegrani
ARNI Realty Incorporated
List Price
$1,325,000
Sold Price
$1,175,000
Premium/Discount to List
-$150,000
-11.32%
Views
225
Current Estimated Value
$1,326,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,181
Avg. Annual Appreciation
9.53%
Original Mortgage
$822,500
Outstanding Balance
$809,779
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$516,402

Purchase Details

Closed on
Feb 1, 2020
Sold by
Cao Lequn and Yu Guangling
Bought by
Yu Guangling and Cao Lequn

Purchase Details

Closed on
May 25, 2006
Sold by
Roney Edward M and Roney Lynn S
Bought by
Cao Lequn and Yu Guangling

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
6.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 10, 2000
Sold by
Cosmopolitan Bank & Trust
Bought by
Roney Edward M and Roney Lynn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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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
Liosatos Anastasios Peter $1,175,000 None Listed On Document
Yu Guangling -- Chicago Title
Cao Lequn $1,525,000 Ticor Title Ins Co 1998
Roney Edward M $1,135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liosatos Anastasios Peter $822,500
Previous Owner Cao Lequn $1,000,000
Previous Owner Roney Edward M $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $1,175,000 -11.3% $227 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $1,325,000 -- $255 / 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 $20,627 $86,569 $15,002 $71,567
2023 $20,226 $86,569 $15,002 $71,567
2022 $20,226 $86,569 $15,002 $71,567
2021 $16,947 $65,128 $10,001 $55,127
2020 $18,241 $71,980 $10,001 $61,979
2019 $19,503 $87,094 $10,001 $77,093
2018 $21,262 $91,208 $8,751 $82,457
2017 $20,685 $91,208 $8,751 $82,457
2016 $19,702 $91,208 $8,751 $82,457
2015 $20,265 $87,246 $8,751 $78,495
2014 $19,999 $87,246 $8,751 $78,495
2013 $19,095 $87,246 $8,751 $78,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11991820

Midwest Real Estate Data (MRED)

APN: 02-07-307-005-0000