NOT LISTED FOR SALE

1408 Drummond Cir Inverness, IL 60010

Estimated Value: $1,016,000 - $1,073,000

5 Beds
6 Baths
4,700 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $700,000 $149 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,743/month

15 Days on Market

Highlights

  • Second Kitchen
  • Landscaped Professionally
  • Recreation Room
  • Marion Jordan Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of May 2019

Beautifully cared for Inverness Hills home on a breathtaking hilltop parcel and cul-de-sac location! 4,700 square feet plus a walkout lower level for a combined total of almost 7,000 square feet of living space! Rich hardwood floors, crown molding, wainscoting, vaulted ceilings, 2 story entry, 9ft first for ceilings and a new roof in 2018. Large kitchen with a generous eating area, ample cabinets, stainless steel appliances including Sub-Zero & Wolf & granite counters. Perfect for entertaining with an elegant bar area on the main floor open to a fabulous vaulted ceiling family room w/frplc all overlooking the large deck. There's also a spacious master suite w/frplc, a 1st floor bedroom adjacent to a spectacularly remodeled full bath. The awesome walkout lower level has it all, with natural light, a second bar, a second kitchen, another frplc, a full bath, and tons of storage. This could also work as a spacious in-law setup. Come see this great property at an exceptional price!

Last Agent to Sell the Property

Chris Jacobs

Century 21 Circle License #471007090 Listed on: 03/01/2019

Century 21 Circle

Last Buyer's Agent

Jainish Joseph

Compass License #475140092

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1987

Lot Details

  • Cul-De-Sac
  • Landscaped Professionally

HOA Fees

  • $8 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Year Built

1987

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Total Sq Ft: 4700
  • Unfinished Basement Sq Ft: 391
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • Number Of Rooms: 12
  • Living Room: Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator, Cooktop
  • Equipment: Humidifier, Water-Softener Owned, Central Vacuum, Security System, Intercom, CO Detectors, Ceiling Fan, Radon Mitigation System(s)
  • Fireplace Details: Gas Logs, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room, Living Room, Master Bedroom, Basement
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 10X09, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Dining Room: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 26X15, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Office, Recreation Room, 2nd Kitchen, Storage, Foyer
  • Master Bedroom: Dimensions: 23X15, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 2 Name: Office, Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: Recreation Rm, Dimensions: 38X29, On Level: Walkout Basement, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 4 Name: 2nd Kitchen, Dimensions: 17X11, On Level: Walkout Basement, Flooring: Vinyl, Windows: None
  • Bedroom 4: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 5 Name: Storage, Dimensions: 19X10, On Level: Walkout Basement, Flooring: Vinyl, Windows: None
  • Additional Room 6 Name: Storage, Dimensions: 14X08, On Level: Walkout Basement, Flooring: Vinyl, Windows: None
  • Additional Room 7 Name: Foyer, Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 4700
  • Estimated Total Finished Sq Ft: 6900
  • Basement Sq Ft: 2591
  • Basement Finished Sq Ft: 2200
  • Main Level Sq Ft: 2591
  • Upper Level Sq Ft: 2109
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X20, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Storms/Screens
  • Acreage: 1.156

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Zoned

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 100

Schools

  • School District: 211
  • Elementary School: Marion Jordan Elementary School
  • Middle School: Walter R Sundling Junior High Sc
  • High School: Wm Fremd High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 172X289X50X275X144
  • Lot Description: Cul-de-sac, Landscaped Professionally
  • Parcel Identification Number: 02074040180000

Tax Info

  • Taxes: 26147.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 30, 2019
Sold by
Chapman Michael A and Chapman Ashley E
Bought by
Panicker Joseph B and Sebastian Anne P
Seller's Agent
Chris Jacobs
Century 21 Circle
Buyer's Agent
Jainish Joseph
Compass
List Price
$740,000
Sold Price
$700,000
Premium/Discount to List
-$40,000
-5.41%
Current Estimated Value
$1,044,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,392
Avg. Annual Appreciation
6.88%
Original Mortgage
$646,087
Interest Rate
4.12%
Mortgage Type
VA

Purchase Details

Listed on
Jan 17, 2014
Closed on
Mar 19, 2014
Sold by
Cerilli Vincent Philip and Cerilli Diane Frances
Bought by
Chapman Michael and Chapman Ashley E
Seller's Agent
Chris Jacobs
Century 21 Circle
Buyer's Agent
Ronald Hardesty
EXIT Realty Northwest
List Price
$924,900
Sold Price
$895,000
Premium/Discount to List
-$29,900
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.62%
Original Mortgage
$650,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2012
Sold by
Firstmerit Bank Na
Bought by
Cerilli Vincent Phillip and Cerilli Diane Frances

Purchase Details

Closed on
Apr 3, 2003
Sold by
First Bank & Trust Co Of Illinois
Bought by
Royal American Bank and Trust #101054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Panicker Joseph B $700,000 Attorney
Chapman Michael $895,000 Precision Title
Cerilli Vincent Phillip -- None Available
Royal American Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panicker Joseph B $70,000
Closed Panicker Joseph B $57,902
Open Panicker Joseph B $643,220
Closed Panicker Joseph B $646,087
Previous Owner Chapman Michael $650,000
Previous Owner Midwest Bank & Trust Company $450,000
Previous Owner Royal American Bank $800,000
Previous Owner First Bank & Trust Company $700,000
Previous Owner First Bank & Trust Company $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $700,000 -5.4% $149 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $740,000 -17.3% $157 / Sq Ft
03/19/2014 03/19/14 Sold $895,000 -3.2% $185 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $924,900 -- $191 / 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 -- $76,001 $15,107 $60,894
2023 -- $76,001 $15,107 $60,894
2022 $0 $76,001 $15,107 $60,894
2021 $22,487 $75,302 $10,071 $65,231
2020 $22,487 $75,302 $10,071 $65,231
2019 $8,662 $83,115 $10,071 $73,044
2018 $22,487 $78,685 $8,812 $69,873
2017 $26,148 $89,501 $8,812 $80,689
2016 $24,422 $89,501 $8,812 $80,689
2015 $18,983 $64,000 $8,812 $55,188
2014 $18,673 $64,000 $8,812 $55,188
2013 $16,826 $64,000 $8,812 $55,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10294185

Midwest Real Estate Data (MRED)

APN: 02-07-404-018-0000