NOT LISTED FOR SALE

1128 N Mare Barn Ln Addison, IL 60101

Estimated Value: $462,000 - $527,000

4 Beds
2.5 Baths
2,157 Sq Ft
$232/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $430,000 $199 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,101/month

3 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near park
  • Wood Flooring
  • Community Lake
  • Vaulted Ceiling
  • Formal Dining Room

About This Home

As of June 2021

Welcome Home! This turn-key 4 bedroom, 2 full baths and 1 half bath, home has been fully renovated and ready to move-in. The upgrades go on and on for this home, with almost +3000 sq ft of living space with the basement included. Located in the desirable Farmwood subdivision, this home features 2x newly renovated kitchens which include large breakfast areas, boasts custom cabinets, granite countertops, 2x refrigerators and 2x gas-stoves, all SS appliances and a large built-in pantry. All the windows and siding were replaced in 2015. The recently finished basement includes the second full-featured kitchen with a large center island. The basement is also pre-wired for their existing home-theater room. This home is also pre-wired with smart home components, like a Smart Thermostat, Smart Garage Door, Smart Security Camera Front Door Bell, & Smart lighting built-in. The large family room has hardwood floors with a gas fireplace that walks out to this homes three-seasons room overlooking their large fenced backyard. Newly done landscaping includes large front and back patios, which give you plenty of room to relax. This home is well-maintained and won't last long.

Last Agent to Sell the Property

Scott Berg

Berg Properties License #475110440 Listed on: 04/12/2021

Last Buyer's Agent

Natalie Corcione

Fulton Grace Realty License #475138119

Fulton Grace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,488

Year Built

  • Built in 1980 | Remodeled in 2012

Lot Details

  • 8,006 Sq Ft Lot
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,157 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Formal Dining Room
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Location

  • Property is near park

Schools

  • Stone Elementary School
  • Indian Trail Junior High School
  • Addison Trail High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Satellite Dish

Community Details

  • Farmwood Estates Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,488

Year Built

Built in 1980 | Remodeled in 2012

Lot Details

0

Parking

2

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: Farmwood Estates
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, Wood Laminate Floors, 1st Floor Laundry
  • LivingArea: 2157
  • Other Equipment: Humidifier, Central Vacuum, TV-Dish, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Kitchen, Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Crawl,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • DirectionFaces: East
  • ExteriorFeatures: Balcony, Patio, Porch, Screened Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Landscaped
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Stone Elementary School
  • High School: Addison Trail High School
  • Middle/Junior School: Indian Trail Junior High School

Lot Info

  • Lot Size Acres: 0.1838
  • Lot Dimensions: 8006
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8488
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jun 5, 2021
Sold by
Skariya Bobby and Skariya Reeny
Bought by
Montalbano John and Montalbano Elizabeth
Seller's Agent
Scott Berg
Berg Properties
Buyer's Agent
Natalie Corcione
Fulton Grace Realty
Sold Price
$430,000
Current Estimated Value
$500,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,847
Avg. Annual Appreciation
3.35%
Original Mortgage
$410,000
Outstanding Balance
$371,781
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$129,066

Purchase Details

Listed on
Mar 9, 2012
Closed on
Apr 18, 2012
Sold by
Kanjirathummooth Babukutty and Kanjirathummooth Pennamma Babu
Bought by
Reeny Skariya Bobby and Reeny Skiraya
Seller's Agent
Chris Stastny
Hope Realty Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$216,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1997
Sold by
Brunner Gerard and Brunner Barbara
Bought by
Kanjirathummooth Babukutty and Kanjirathummooth Pennamma Babu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Montalbano John $430,000 Attorney
Reeny Skariya Bobby $240,000 Fntic
Kanjirathummooth Babukutty $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montalbano John $410,000
Previous Owner Reeny Skariya Bobby $216,000
Previous Owner Kanjirathummooth Babukutty $197,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2021 06/15/21 Sold $430,000 0.0% $199 / Sq Ft
05/31/2021 05/31/21 Off Market $430,000 -- --
04/16/2021 04/16/21 For Sale -- -- --
04/15/2021 04/15/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $415,000 +72.9% $192 / Sq Ft
04/23/2012 04/23/12 Sold $240,000 0.0% $100 / Sq Ft View Prior Sale
03/12/2012 03/12/12 Pending -- -- --
03/12/2012 03/12/12 Off Market $240,000 -- --
03/09/2012 03/09/12 For Sale $250,000 -- $104 / 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 -- $147,386 $49,245 $98,141
2023 -- $135,490 $45,270 $90,220
2022 $0 $130,370 $43,320 $87,050
2021 $8,780 $124,870 $41,490 $83,380
2020 $8,545 $119,610 $39,740 $79,870
2019 $8,489 $115,010 $38,210 $76,800
2018 $8,769 $114,020 $37,100 $76,920
2017 $8,548 $108,980 $35,460 $73,520
2016 $8,328 $100,620 $32,740 $67,880
2015 $8,128 $92,950 $30,240 $62,710
2014 $7,394 $84,590 $27,710 $56,880
2013 $7,243 $86,320 $28,280 $58,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11050318

Midwest Real Estate Data (MRED)

APN: 03-20-102-021