$458,700
SOLD DEC 13, 2024

1562 Hollow Tree Ln Pingree Grove, IL 60140

4 Beds
2.5 Baths
2,600 Sq Ft
2022 Built

Recently Sold

$176 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • Water Views
  • Community Lake
  • Property is near a park
  • Hampshire High School Rated A-
  • Clubhouse
  • Pond

About This Home

As of December 2024

WOW - NO CONSTRUCTION TRAFFIC! ESTABLISHED NEIGHBORHOOD! THIS HOME IS BETTER THAN NEW CONSTRUCTION! PREMIUM LOT BACKING TO OPEN SPACE! SPACIOUS 4 BEDROOM, 2 1/2 BATH HOME IN CAMBRIDGE LAKES PARKSIDE SUBDIVISION! AMAZING VIEWS OF THE POND FROM MANY WINDOWS! BEAUTIFUL WHITE CABINETRY IN THE OPEN KITCHEN - OFFERING AN ISLAND, WALK-IN PANTRY AND STAINLESS STEEL APPLIANCES! UPSTAIRS HAS THE PRIMARY BEDROOM WITH LUXURY BATH AND WALK-IN CLOSET, 3 OTHER HUGE BEDROOMS WITH WALK-IN CLOSETS AND A LOFT! 2ND FLOOR LAUNDRY IS VERY CONVENIENT! FULL BASEMENT (1000 SQFT) READY TO FINISH OR USE FOR STORAGE! AMERICAN SMART HOME TECHNOLOGY CONTROLLED FROM YOUR PHONE OR TABLET! ONE OF A KIND STAINED GLASS FRONT DOOR! BEAUTIFUL BACKYARD THAT IS COMPLETELY FENCED, LARGE PATIO, PERENNIALS! 2 CAR GARAGE WITH NEWLY SEALCOATED DRIVE WAY WITH CONCRETE RIBBONS FOR EXTENDED PARKING! LOTS OF UPGRADES HAVE BEEN DONE IN 2023 - NO SSA! ENJOY THE CAMBRIDGE COMMUNITY WITH ALL THE AMENITIES FROM THE CLUBHOUSE, PARKS, FITNESS CENTER, POOL AND MORE! GOEBBERTS CLOSE BY FOR FARM STAND AND IN WINTER THE LAZER LIGHT SHOW FROM YOUR PATIO! CLOSE TO I90 AND RT 47 FOR SHOPS - RT72 TO RANDALL RD FOR MORE!!! COME TAKE A LOOK TODAY!

Last Agent to Sell the Property

Mary Sagan

Century 21 New Heritage - Hampshire License #475123391 Listed on: 10/17/2024

Century 21 New Heritage - Hampshire

Last Buyer's Agent

Peggy Cain

Karen Douglas Realty License #475123925

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,441

Year Built

  • Built in 2022

Lot Details

  • Lot Dimensions are 58x125
  • Fenced Yard
  • Paved or Partially Paved Lot

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer

Outdoor Features

  • Pond
  • Patio

Location

  • Property is near a park

Schools

  • Gary Wright Elementary School
  • Hampshire Middle School
  • Hampshire High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance, clubhouse, exercise facilities, pool
  • Linda Raaum Association, Phone Number (847) 459-1222
  • Cambridge Lakes Subdivision, Henley Floorplan
  • Property managed by Foster Premier
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,441

Year Built

Built in 2022

Lot Details

0

HOA Fees

$78 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Cambridge Lakes
  • Year Built: 2022
  • Age: 1-5 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): No
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Wood Laminate Floors, Second Floor Laundry, Walk-In Closet(s), Ceilings - 9 Foot, Pantry
  • LivingArea: 2600
  • Room Type: Loft, Mud Room
  • Estimated Total Finished Sq Ft: 2600
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2600
  • Basement Sq Ft: 1000
  • Total Sq Ft: 3600
  • Unfinished Basement Sq Ft: 1000
  • Attic: Unfinished
  • Main Level Sq Ft: 2600
  • Flooring: Carpet
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 462400
  • Lot Features: Fenced Yard, Pond(s), Water View
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 78
  • Association Fee Frequency: Monthly
  • Community Features: Clubhouse, Park, Pool, Lake, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier
  • Management Contact Name: Linda Raaum
  • Management Phone: 847-459-1222
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Pool

Schools

  • Elementary School: Gary Wright Elementary School
  • High School: Hampshire High School
  • Middle/Junior School: Hampshire Middle School
  • Middle/Junior School District: 300

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 58X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 9441.38
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Dec 3, 2024
Sold by
Avgarska Vera and Radoslavof Iassen
Bought by
Gasgonia Nikole and Gasgonia Benjie
Seller's Agent
Mary Sagan
Century 21 New Heritage - Hampshire
Buyer's Agent
Peggy Cain
Karen Douglas Realty
List Price
$462,400
Sold Price
$458,700
Premium/Discount to List
-$3,700
-0.8%
Views
11
Current Estimated Value
$472,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,848
Avg. Annual Appreciation
1.34%
Original Mortgage
$412,830
Outstanding Balance
$411,499
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$51,181

Purchase Details

Listed on
Dec 23, 2022
Closed on
Mar 24, 2023
Sold by
Dr Horton Inc-Midwest
Bought by
Avgarska Vera and Radoslavof Iassen
Seller's Agent
Anita Olsen
Anita Olsen
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$424,990
Sold Price
$428,990
Premium/Discount to List
$4,000
0.94%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$421,219
Interest Rate
6.32%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $459,000 None Listed On Document
Warranty Deed $429,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,830 New Conventional
Previous Owner $421,219 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $458,700 -0.8% $176 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $462,400 +7.8% $178 / Sq Ft
03/24/2023 03/24/23 Sold $428,990 -0.2% $165 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/20/2023 02/20/23 Price Changed $429,990 +1.2% $165 / Sq Ft
01/24/2023 01/24/23 Price Changed $424,990 +3.7% $163 / Sq Ft
01/23/2023 01/23/23 Price Changed $409,990 -3.5% $158 / Sq Ft
01/23/2023 01/23/23 For Sale $424,990 0.0% $163 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
12/23/2022 12/23/22 For Sale $424,990 -- $163 / 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 $9,255 $149,581 $30,777 $118,804
2023 $9,441 $135,269 $27,832 $107,437
2022 $105 $1,471 $1,471 $0
2021 $103 $1,384 $1,384 $0
2020 $101 $1,349 $1,349 $0
2019 $99 $1,295 $1,295 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12190126

Midwest Real Estate Data (MRED)

APN: 02-29-177-015