NOT LISTED FOR SALE

Estimated Value: $2,600,000 - $2,673,088

5 Beds
7 Baths
9,505 Sq Ft
$278/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $2,300,000 $242 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $16,734/month

48 Days on Market

Highlights

  • Second Kitchen
  • Home Theater
  • Gated Community
  • Brook Forest Elementary School Rated A
  • Spa
  • Waterfront

About This Home

As of July 2023

STUNNING AND MAJESTIC ESTATE in Oak Brook's coveted, 24 hour gated-guarded community of Covington. This estate spans over 10,000 sq ft of luxurious living space with 10 plus ceiling heights on all levels. Renowned Provencal built with designer finishes. The magnificent 2 story foyer welcomes your guests to serene water views past the 22 ft ceiling height great room to the expansive deck space. The first floor features over-sized formal Living, Dining and bonus room areas that flow into the recently renovated chefs kitchen comprised of Newer High end appliances, custom cabinets and seating for several on the large quartz island. The generous 2nd level features a Master retreat with all the bells and whistles desired for todays lifestyle including a fireplace, patio doors to ur private Balcony and a Walk in closet that is a designers dream. Three more ensuite spacious rooms and a loft space complete this level with large walk-in-closets and private baths. The walk out lower level is a true entertainer's dream with over 3,500 sq ft including a complete kitchen, serving bar area, theater room, bonus room, bedroom ensuite, work out room and a grand room to enjoy at your leisure. The extensive detailed trim work, 8' solid doors and vaulted ceilings are unique show stoppers You can have peace of mind as This Smart home consists of nest thermostats and doorbell along with a charging system ready for your Electric Vehicle. As you retire for the evening to your private deck enjoy views of the picturesque pond in a serene peaceful backyard space. This home is resort living without leaving your home, an entertainers dream home in the perfect nestled away location.

Last Agent to Sell the Property

Mateen Ansari

Gava Realty License #475159378 Listed on: 04/06/2023

Last Buyer's Agent

Mehri Briant

Baird & Warner License #475078322

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,042

Year Built

  • Built in 2002

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 90x249x162x306
  • Waterfront
  • Sprinkler System

HOA Fees

  • $583 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9,505 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bar Fridge
  • 4 Fireplaces
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Library
  • Recreation Room
  • Game Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Double Oven
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Covington Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,042

Year Built

Built in 2002

Lot Details

0

HOA Fees

$583 per month

Parking

4

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: Covington
  • Year Built: 2002
  • 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full, Walkout
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplaces: 4
  • LivingArea: 9505
  • Other Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, Intercom, Sump Pump, Sprinkler-Lawn
  • Room Type: Kitchen, Bedroom 5, Foyer, Sitting Room, Recreation Room, Breakfast Room, Library, Theatre Room, Game Room, Exercise Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Porch, Hot Tub
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • 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: 1750
  • Association Fee Frequency: Quarterly
  • Community Features: Lake, Gated, Street Lights
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Lot Size Acres: 0.7714
  • Lot Dimensions: 90X249X162X306
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 31041.84
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jun 30, 2016
Sold by
Alsammarae Aiham J and Alsammarae Amira J
Bought by
Nazimuddin Ahmed and Nazimuddin Aliya
Seller's Agent
Gianna Ricci
Coldwell Banker Realty
Buyer's Agent
James Long
Long Realty
List Price
$2,376,000
Sold Price
$2,275,000
Premium/Discount to List
-$101,000
-4.25%
Current Estimated Value
$2,645,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,363
Avg. Annual Appreciation
1.60%
Original Mortgage
$1,820,000
Outstanding Balance
$1,452,909
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,192,454

Purchase Details

Closed on
Apr 29, 1999
Sold by
Orbeta Gregorio R and Rodriguez Julita Ursula
Bought by
Alsammarae Aiham J and Alsammarae Amira J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.75%
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
Nazimuddin Ahmed $2,275,000 Premier Title
Alsammarae Aiham J $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazimuddin Ahmed $1,820,000
Previous Owner Alsammarae Aiham J $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2023 07/05/23 Sold $2,300,000 -3.8% $242 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $2,390,000 +5.1% $251 / Sq Ft
06/30/2016 06/30/16 Sold $2,275,000 -4.3% $239 / Sq Ft View Prior Sale
05/04/2016 05/04/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $2,376,000 -- $250 / 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 $27,980 $758,602 $395,857 $362,745
2023 $34,784 $909,020 $366,060 $542,960
2022 $32,487 $873,810 $351,880 $521,930
2021 $28,834 $852,080 $343,130 $508,950
2020 $30,301 $833,410 $335,610 $497,800
2019 $28,834 $792,360 $319,080 $473,280
2018 $24,704 $709,320 $302,040 $407,280
2017 $23,149 $675,930 $287,820 $388,110
2016 $22,572 $636,760 $271,140 $365,620
2015 $22,282 $593,220 $252,600 $340,620
2014 $22,243 $572,520 $243,780 $328,740
2013 $22,058 $580,590 $247,220 $333,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11753598

Midwest Real Estate Data (MRED)

APN: 06-34-201-064