NOT LISTED FOR SALE

125 New Abbey Dr Inverness, IL 60010

Estimated Value: $1,436,000 - $1,619,000

5 Beds
7 Baths
6,745 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $1,470,000 $218 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,371/month

29 Days on Market

Highlights

  • Water Views
  • Mature Trees
  • Deck
  • Grove Avenue Elementary School Rated A+
  • Community Lake
  • Pond

About This Home

As of August 2023

Welcome to this luxurious 5 bedroom, 5.2 bathroom Inverness home! Nestled in the cul-de-sac, 125 New Abbey is a true masterpiece, offering unparalleled comfort and elegance. As you enter the grand foyer, you are greeted by an impressive double-height ceiling, custom millwork and marble floors that set the tone for the rest of the home. The family room features a cozy Oklahoma fieldstone fireplace, custom built-ins and floor-to-coffered ceiling windows that drench the space with natural light. The gourmet kitchen is a chef's dream come true, equipped with top-of-the-line, stainless steel Wolf appliances, custom cabinetry, and an over-sized island. The adjoining breakfast area opens up to the deck overlooking the northern grounds and conservancy, pond, gazebo and fire pit. Meticulously kept landscape surrounds the property creating a sanctuary-like feel. Set the mood with custom uplighting in the tray ceiling while hosting your dinner parties and holidays in the formal dining room. The expansive office is perfect for those who work from home or require a private space to conduct business and features high ceilings, elegant lighting, custom built-ins, and large windows that provide plenty of natural light. Head upstairs to the sumptuous primary suite, boasting a private balcony, a sitting area, and a spa-like en-suite bathroom with a soaking tub, a walk-in shower, his and hers vanities and an impressive walk-in closet. Each of the four additional bedrooms features an en-suite bathroom and ample closet space. Retreat downstairs to the large, walk-out basement to find an exercise room, bar and billiards. There's plenty of space to park your cars in this oversized 4-heated stall garage with 8ft doors. Centrally located in award-winning district 220 and The Sanctuary of Inverness, this magnificent home is the epitome of luxury living. Don't miss your chance to make it your own!

Last Agent to Sell the Property

Trevor James

Compass License #475191657 Listed on: 05/01/2023

Compass

Last Buyer's Agent

Stefanie Ridolfo

Real Broker LLC License #475165163

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,107

Year Built

  • Built in 2001 | Remodeled in 2021

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 168 x301 x130 x38 x79 x137 x129 x172
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Sprinkler System
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,745 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Game Room
  • Home Gym
  • Water Views
  • Unfinished Attic

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Home Security

  • Home Security System
  • Intercom
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Pond
  • Balcony
  • Deck
  • Fire Pit
  • Gazebo

Schools

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

Utilities

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

Community Details

  • Sanctuary Of Inverness Subdivision, Custom Floorplan
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,107

Year Built

Built in 2001 | Remodeled in 2021

Lot Details

0

HOA Fees

$121 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Sanctuary of Inverness
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Range Hood, Water Softener, Water Softener Owned, Gas Cooktop
  • Basement: Full, Walkout
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 1475
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Hardwood Floors, First Floor Laundry, First Floor Full Bath
  • LivingArea: 6745
  • Other Equipment: Humidifier, Water-Softener Owned, Central Vacuum, Security System, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Air Purifier, Backup Sump Pump;
  • Room Type: Bedroom 5, Office, Foyer, Recreation Room, Exercise Room, Game Room
  • Estimated Total Finished Sq Ft: 6745
  • Basement Description: Finished,Exterior Access,Rec/Family Area,Storage Space
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 5270
  • Basement Sq Ft: 1475
  • Fireplace Location: Family Room,Basement,Den/Library
  • Total Sq Ft: 6745
  • Attic: Unfinished
  • Main Level Sq Ft: 5270
  • Door Features: French Doors
  • Window Features: Blinds,Double Pane Windows,Screens,Wood Frames
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Fire Pit, Other
  • Foundation Details: Concrete Perimeter
  • List Price: 1600000
  • Lot Features: Cul-De-Sac, Irregular Lot, Pond(s), Water View, Wooded, Mature Trees
  • OtherStructures: Gazebo
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Driveway: Asphalt,Side Drive
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 1450
  • Association Fee Frequency: Annually
  • Community Features: Lake, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

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: 1.001
  • Lot Dimensions: 168 X301 X130 X38 X79 X137 X129 X172
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 21107
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Aug 1, 2023
Sold by
Franzese Kenneth P and Franzese Julie A
Bought by
Patel Darshan R and Patel Sachi
Seller's Agent
Trevor James
Compass
Buyer's Agent
Stefanie Ridolfo
Real Broker LLC
List Price
$1,600,000
Sold Price
$1,470,000
Premium/Discount to List
-$130,000
-8.12%
Views
102
Current Estimated Value
$1,549,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,166
Avg. Annual Appreciation
2.67%
Original Mortgage
$1,312,000
Outstanding Balance
$1,281,011
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$268,155

Purchase Details

Listed on
Sep 27, 2013
Closed on
Apr 3, 2014
Sold by
Gilbreth Robert D and Gilbreth Marcia S
Bought by
Franzese Kenneth P and Franzese Julie A
Seller's Agent
Carol Best
Jameson Sotheby's International Realty
Buyer's Agent
Mariann Hoeft-Werderitch
HomeSmart Connect LLC
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$820,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2000
Sold by
Harris Bank Barrington
Bought by
Gilbreth Robert D and Gilbreth Marcia S
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
Patel Darshan R $1,470,000 Gmt Title
Franzese Kenneth P $1,025,000 Ct
Gilbreth Robert D $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Darshan R $1,312,000
Previous Owner Franzese Kenneth P $660,000
Previous Owner Franzese Kenneth P $800,000
Previous Owner Franzese Kenneth P $820,000
Previous Owner Gilbeth Robert D $500,000
Previous Owner Gilbreth Robert D $500,000
Previous Owner Gilbreth Robert $150,000
Previous Owner Gilbreth Robert D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $1,470,000 -8.1% $218 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $1,600,000 +56.1% $237 / Sq Ft
04/08/2014 04/08/14 Sold $1,025,000 -10.9% $194 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
11/05/2013 11/05/13 Price Changed $1,150,000 -8.0% $218 / Sq Ft
09/27/2013 09/27/13 For Sale $1,250,000 -- $237 / 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 $21,211 $100,245 $30,523 $69,722
2023 $20,860 $100,245 $30,523 $69,722
2022 $20,860 $100,245 $30,523 $69,722
2021 $21,107 $90,113 $13,081 $77,032
2020 $20,480 $90,113 $13,081 $77,032
2019 $21,046 $105,126 $13,081 $92,045
2018 $21,091 $102,500 $11,991 $90,509
2017 $20,502 $102,500 $11,991 $90,509
2016 $19,547 $102,500 $11,991 $90,509
2015 $19,833 $96,644 $10,901 $85,743
2014 $19,606 $96,644 $10,901 $85,743
2013 $24,463 $125,105 $10,901 $114,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11771447

Midwest Real Estate Data (MRED)

APN: 01-13-304-011-0000