NOT LISTED FOR SALE

1420 W Newcastle Ct Unit III Inverness, IL 60010

Estimated Value: $2,129,916 - $2,500,000

5 Beds
7 Baths
9,349 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $2,000,000 $214 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $14,978/month

127 Days on Market

Highlights

  • Home Theater
  • Sauna
  • Heated Floors
  • Grove Avenue Elementary School Rated A+
  • Multiple Garages
  • Recreation Room

About This Home

As of October 2022

Spectacular 5/6 bedroom, 5.2 bathroom estate in Glencrest of Inverness with Barrington 220 schools, has a unique blend of elegance, family-friendly features and entertainment attributes for hosting events your guests will remember! When you enter the gracious foyer, you are immediately struck by the breathtaking 20+ foot, 2-story massive great room with fireplace and windows overlooking the plush landscaping and large patio area. Gleaming hard wood floors grace the home throughout the first floor, ready to adorn with your beautiful rugs and furnishings. A MAIN FLOOR large private master bedroom suite with a fireplace, his and her walk-in closets, also has a luxurious bathroom equipped with the finest finishes and high quality fixtures, including heated floors and heated Toto toilet seat. No expense has been spared in creating the stunning gourmet kitchen, with a center island and seating, plentiful custom cabinetry, eating area, spectacular lighting fixtures to complement the high ceilings, Thermador professional range/ovens and super-quiet Miele dishwasher. Enjoy the cozy fireplace hearth room off the kitchen. This is truly a wonderful heart of the home for gathering with family, or for preparing holiday dinner parties! There is also a home office on the first floor, as well as a formal dining room, and sitting room with fireplace that's large enough for a grand piano. The second floor has another private ensuite guest bedroom, with full bath that has heated floors, and walk-in closet that is perfect for visitors or as an in-law suite. Other bedrooms on the second floor also have full baths and walk-in closets, plus there's a lovely bonus room for a study, crafts, or play area. The walk-out lower level is perfect for entertaining! Travertine tile floors, a home theatre, wet bar, sauna room, exercise room, and bedroom (now used as a game room) with a full bath and closet, recreation room, lounge area with fireplace, and room for your billiards table. Guests can also walk out to the spacious back yard for outdoor activities or sitting on the patio enjoying nice weather days and evenings. The extensive landscape design include exterior lighting, and there's an invisible fence for future pups! Simply stated, this home has everything! Don't miss this opportunity to call this your new home! 5 car garage with porte cochere. New Roof 2014. New driveway 2018 with 4" think asphalt appx $70,000. New high end master bath with updates to master bedroom 2020. New light fixtures: 2019. all 3 water heaters have been changed in 2019-2021. the water softening system was replaced 2021. Second floor bathrooms were remolded 2022. Beautifully updated kitchen, stunning decor. Turn key home!

Last Agent to Sell the Property

Dean Tubekis

Coldwell Banker Realty License #475137834 Listed on: 05/02/2022

Coldwell Banker Realty

Last Buyer's Agent

Michael Smith

Berkshire Hathaway HomeServices Chicago License #475128651

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,475

Year Built

  • Built in 2005

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 200.9x245.5x147.3x340

Parking

  • 5 Car Attached Garage
  • Multiple Garages
  • Circular Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9,349 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • 4 Fireplaces
  • Mud Room
  • Great Room
  • Family Room
  • Sitting Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Bonus Room
  • Sauna
  • Breakfast Bar
  • Home Gym

Flooring

  • Wood
  • Carpet
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Schools

  • Hough Street Elementary School
  • Barrington Middle School Prairie
  • Barrington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Glencrest Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,475

Year Built

Built in 2005

Lot Details

0

Parking

5

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: Glencrest
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplaces: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Sauna/Steam Room, Bar-Wet, Hardwood Floors, Heated Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, Walk-In Closet(s), Separate Dining Room
  • LivingArea: 9349
  • Room Type: Great Room, Office, Recreation Room, Sitting Room, Theatre Room, Bedroom 5, Eating Area, Bonus Room, Exercise Room, Mud Room
  • Estimated Total Finished Sq Ft: 5788
  • Assessed Sq Ft: 5601
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 5788
  • Basement Sq Ft: 3561
  • Square Footage Comments: Sq. Ft. estimates by floor taken from floor plans (see photos)
  • Total Sq Ft: 9349
  • Upper Level Sq Ft: 2018
  • Main Level Sq Ft: 3770
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 2149000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 5
  • Number of Cars: 5
  • Driveway: Circular
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hough Street Elementary School
  • High School: Barrington High School
  • Middle/Junior School: Barrington Middle School Prairie
  • Middle/Junior School District: 220

Lot Info

  • Lot Size Acres: 0.984
  • Lot Dimensions: 200.9X245.5X147.3X340
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 18474.54
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2011
Sold by
Wiedemann Bruce R and Arendt Robin Ann
Bought by
Vigue James R and Vigue Sandra G
Current Estimated Value
$2,323,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 4, 2008
Sold by
Vernor James and Vernor Jean P
Bought by
Wiedemann Bruce R and Arendt Robin Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2005
Sold by
Cosmopolitan Bank & Trust
Bought by
Vernor James and Vernor Jean P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,467,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
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
Vigue James R $1,200,000 Stewart Title Company
Wiedemann Bruce R $2,100,000 None Available
Vernor James $1,828,500 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vigue James R $250,000
Open Vigue James R $905,300
Previous Owner Vigue James R $960,000
Previous Owner Wiedemann Bruce R $1,575,000
Previous Owner Vernor James $1,467,500
Closed Vernor James $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $2,000,000 -6.9% $214 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $2,149,000 -2.3% $230 / Sq Ft
08/05/2022 08/05/22 Price Changed $2,199,000 -2.2% $235 / Sq Ft
07/09/2022 07/09/22 Price Changed $2,249,000 -4.3% $241 / Sq Ft
05/02/2022 05/02/22 For Sale $2,349,000 -- $251 / 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 $27,837 $113,589 $17,145 $96,444
2023 $26,625 $128,000 $17,145 $110,855
2022 $26,625 $128,000 $17,145 $110,855
2021 $19,035 $82,254 $12,858 $69,396
2020 $18,475 $82,254 $12,858 $69,396
2019 $18,084 $91,496 $12,858 $78,638
2018 $20,413 $100,003 $11,787 $88,216
2017 $19,848 $100,003 $11,787 $88,216
2016 $18,928 $100,003 $11,787 $88,216
2015 $21,893 $107,164 $10,715 $96,449
2014 $21,644 $107,164 $10,715 $96,449
2013 $20,732 $107,164 $10,715 $96,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11391421

Midwest Real Estate Data (MRED)

APN: 01-12-405-009-0000