NOT LISTED FOR SALE

Estimated Value: $606,000 - $645,000

4 Beds
2.5 Baths
2,986 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $595,000 $199 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,554/month

27 Days on Market

Highlights

  • New Construction
  • Community Lake
  • Den
  • Oswego East High School Rated A-
  • Bonus Room
  • Double Oven

About This Home

As of March 2023

This impressive Fairbanks is a perfect example of size meets function and elegance in this 3007 sq ft home. This thoughtful design includes 4 bedrooms,2.5 baths, upstairs loft, dining room, den, family room and a 3 car garage. As you walk up to the brick and vinyl home , you will be greeted by a spacious front porch perfect for enjoying morning coffee or an evening refreshment. Inside, the 2 story foyer welcomes guests and is a excellent backdrop for the stunning mission style staircase. The study with French doors, is just off of the foyer, and is ideal for working from home or remote schooling. As you walk past the study, you encounter the formal dining room spacious enough for a large dinner party or hosting relatives for the holidays. Serving guests is a cinch as the dining room offers a pass thru to the gourmet kitchen. This "culinary delight" includes a double oven,5 burner cooktop, microwave, walk in pantry as well as an island which provides casual seating and serves as a perfect spot for adventurous meal preparation. The kitchen is complete with designer 42" white maple cabinets with crown molding and iced white quartz countertops. The bay window adds to the bright and airy breakfast area. The family room located next the kitchen contributes to the contemporary design of this home as does the open staircase to the full basement with rough in plumbing. On the remainder of the main level,you will discover a drop off zone useful for easily storing your keys or organizing your mail .Finally near the garage entry is a coat closet, a powder room and convenient laundry room with window. With four bedrooms, 2 full baths and a bonus room upstairs, this home is optimized for gracious living. You will love the privacy offered on the upper level as no bedrooms share a common wall. The loft serves as a focal point of family activity and is versatile enough to be used as a media room, game room or a perfect spot for your child's sleepover with friends. The owner's suite offers a private oasis against all of the daily activity and noise. Double doors lead to the spa- like luxury bath with dual sinks, deep soaking tub, and walk in shower. The Fairbanks is truly a dream come true! Come see for yourself! This beautifully appointed home will be completed in February 2023! Contact us today to learn more about the Fairbanks! *Photos and Virtual Tour are of a model home, not subject home*

Last Agent to Sell the Property

Linda Little

Little Realty License #471000259 Listed on: 12/16/2022

Co-Listed By

Cheryl Bonk

Little Realty License #475141366

Last Buyer's Agent

Sairavi Suribhotla

Keller Williams Infinity License #475172825

Keller Williams Infinity

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 62 x 141 x 80 x 137

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,986 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Room
  • Den
  • Bonus Room
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Rough-In Basement Bathroom

Schools

  • Grande Park Elementary School
  • Murphy Junior High School
  • Oswego East High School

Utilities

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

Community Details

  • M/I Homes Association, Phone Number (224) 276-4425
  • Chatham Square Subdivision, Fairbanks B2 Floorplan
  • Community Lake

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

10,454 Sq Ft Lot

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Chatham Square
  • Year Built: 2022
  • Age: NEW Under Construction
  • 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
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Disposal, Stainless Steel Appliance(s), Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: First Floor Laundry
  • LivingArea: 2986
  • Other Equipment: CO Detectors, Sump Pump
  • Room Type: Eating Area, Den, Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Bathroom Rough-In
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Community Features: Lake
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: TBD
  • Management Contact Name: M/I Homes
  • Management Phone: 224-276-4425
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Grande Park Elementary School
  • High School: Oswego East High School
  • Middle/Junior School: Murphy Junior High School

Green Features

  • Green Building Verification Type: Other

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 62 X 141 X 80 X 137
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Yada Naresh and Kadumu Anusha
Bought by
Yada Naresh and Kadumu Anusha
Current Estimated Value
$628,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Outstanding Balance
$543,793
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$84,456

Purchase Details

Listed on
Dec 16, 2022
Closed on
Mar 24, 2023
Sold by
M/I Homes Of Chicago Llc
Bought by
Yada Naresh
Seller's Agent
Linda Little
Little Realty
Buyer's Agent
Sairavi Suribhotla
Keller Williams Infinity
List Price
$626,030
Sold Price
$595,000
Premium/Discount to List
-$31,030
-4.96%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
Original Mortgage
$565,250
Interest Rate
4.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yada Naresh -- Old Republic National Title In
Yada Naresh $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yada Naresh $546,000
Previous Owner Yada Naresh $565,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $595,000 -2.5% $199 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $609,990 +1.7% $204 / Sq Ft
12/16/2022 12/16/22 Price Changed $599,990 -4.2% $201 / Sq Ft
12/16/2022 12/16/22 For Sale $626,030 -- $210 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $14,533 $179,882 $40,935 $138,947
2023 $2 $118,807 $27,036 $91,771
2022 $2 $19 $19 $0
2021 $0 $19 $19 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11689096

Midwest Real Estate Data (MRED)

APN: 03-25-436-009

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