$401,101
SOLD APR 16, 2025

162 Arbor Ave Sugar Grove, IL 60554

3 Beds
2 Baths
1,339 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$300 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Deck
  • Backs to Open Ground
  • Workshop
  • Ranch Style House
  • Home Office
  • Stainless Steel Appliances

About This Home

As of April 2025

Under contract prior to listing in MLS.

Last Agent to Sell the Property

Cathy Peters

Keller Williams Innovate - Aurora License #475135878 Listed on: 02/15/2025

Keller Williams Innovate - Aurora

Co-Listed By

Michael Peters

Keller Williams Innovate - Aurora License #475138407

Last Buyer's Agent

Michael Greutman

Coldwell Banker Real Estate Group License #475167445

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,410

Year Built

  • Built in 1996

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Backs to Open Ground

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,339 Sq Ft Home
  • Bar Fridge
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Workshop
  • Utility Room with Study Area
  • Carbon Monoxide Detectors

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Chelsea Meadows Subdivision, Ranch Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,410

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Chelsea Meadows
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Finished, Full, Daylight
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 1339
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: Office, Workshop, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Concrete Perimeter
  • Lot Features: Backs to Open Grnd
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, On Site, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 75X140
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 7409.92
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Home Improvement

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2025
Closed on
Mar 17, 2025
Sold by
Dray Robert E and Dray Debra A
Bought by
Darrin A And Cheryl A Lee Joint Tenancy Revoc and Lee
Seller's Agent
Cathy Peters
Keller Williams Innovate - Aurora
Buyer's Agent
Michael Greutman
Coldwell Banker Real Estate Group
List Price
$399,000
Sold Price
$401,101
Premium/Discount to List
$2,101
0.53%
Views
4
Current Estimated Value
$403,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,235
Avg. Annual Appreciation
0.77%
Original Mortgage
$300,825
Outstanding Balance
$299,212
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$104,124

Purchase Details

Closed on
Jun 18, 1996
Sold by
Merchants National Bank Of Aurora
Bought by
Dray Robert E and Dray Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,950
Interest Rate
8.13%
Mortgage Type
Seller Take Back
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 $401,500 Chicago Title
Joint Tenancy Deed $150,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,825 New Conventional
Previous Owner $119,950 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2025 04/16/25 Sold $401,101 +0.5% $300 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/15/2025 02/15/25 For Sale $399,000 -- $298 / 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 $7,685 $99,860 $23,785 $76,075
2023 $7,410 $90,061 $21,451 $68,610
2022 $7,168 $83,143 $19,803 $63,340
2021 $6,901 $79,124 $18,846 $60,278
2020 $6,799 $76,406 $18,444 $57,962
2019 $6,688 $73,908 $17,841 $56,067
2018 $5,825 $63,703 $16,782 $46,921
2017 $5,636 $60,837 $16,027 $44,810
2016 $5,491 $58,156 $15,321 $42,835
2015 -- $57,575 $14,255 $43,320
2014 -- $55,054 $13,631 $41,423
2013 -- $55,632 $13,774 $41,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12330226

Midwest Real Estate Data (MRED)

APN: 14-21-281-002