NOT LISTED FOR SALE

16651 W Cherrywood Ln Wadsworth, IL 60083

Estimated Value: $636,584 - $718,000

4 Beds
5 Baths
3,431 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $470,000 $137 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,896/month

9 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Vaulted Ceiling
  • Millburn Elementary School Rated A-
  • Wooded Lot
  • Traditional Architecture

About This Home

As of May 2019

Gorgeous, custom built, original owner home, situated on a private, wooded, 1.33-acre lot. Landscaped w/up-lighting perfect for entertaining. Updates: Gourmet Kitchen, Master Retreat w/spa like bath & amazing fireplace, New Carpet 1st & 2nd floor. Additions of Sunroom & Sitting Room overlook the private backyard. Open Concept 1st floor flows nicely from Formal Dining Room to Kitchen, Sunroom, Family Room w/vaulted ceilings & gas fireplace to Den/Office with French doors & Formal Living Room w/custom wood trim & built-in's. 1st floor laundry/mud room off kit connects to the 4 Car Garage & backyard! Finished basement offers space for movie watching & gaming area and a bathroom. Storage galore in the unfinished area plus a workshop for your projects. '17 New Roof, Furnace, A/C, Garage Doors, Exterior Paint, Driveway & Custom Stone Paver entry, '10 New Windows, along with newer Whole House Attic Fan & Leaf Gutters completes the exterior & mechanical updates. Welcome Home!

Last Agent to Sell the Property

Julie Gerrits

Berkshire Hathaway HomeServices Chicago License #475172731 Listed on: 01/22/2019

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Tracy Harwell

HomeSmart Connect LLC License #475155719

Last Buyer's Agent

Lisa Buncic

@properties Christie's International Real Estate License #475137427

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,546

Year Built

  • 1993

Lot Details

  • 1.33

HOA Fees

  • $33 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Sitting Room
  • Den
  • Workroom
  • Recreation Room
  • Loft
  • Game Room
  • Sun or Florida Room
  • Wood Flooring
  • Partially Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Wooded Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,546

Year Built

1993

Lot Details

0

HOA Fees

$33 per month

Parking

4

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Square Footage Comments: Sq ft by floor approx.
  • Total Full or Half Bathrooms: 2.3
  • Total Sq Ft: 3431
  • Unfinished Basement Sq Ft: 480
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1993
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 5296
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors
  • Number Of Rooms: 14
  • Living Room: Dimensions: 13X15, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X18, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 19X14, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Den, Loft, Recreation Room, Game Room, Sitting Room, Workroom, Foyer, Sun/Florida Room
  • Master Bedroom: Dimensions: 11X22, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 14X19, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Loft, Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Recreation Rm, Dimensions: 26X20, On Level: Lower, Flooring: Carpet
  • Bedroom 3: Dimensions: 17X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Game Rm, Dimensions: 16X14, On Level: Lower, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 12X17, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Sitting, Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 6 Name: Work Rm, Dimensions: 20X24, On Level: Lower, Flooring: Other
  • Additional Room 7 Name: Foyer, Dimensions: 10X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 8 Name: Sunroom, Dimensions: 12X12, On Level: Main Level, Flooring: Ceramic Tile
  • Estimated Sq Ft: 3431
  • Estimated Total Finished Sq Ft: 4816
  • Basement Sq Ft: 1865
  • Basement Finished Sq Ft: 1385
  • Main Level Sq Ft: 2250
  • Upper Level Sq Ft: 1181
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 1.33

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Asphalt, Circular
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • Assessed Sq Ft: 3431
  • Assessment Association Fees: 400

Schools

  • School District: 121
  • Elementary School: Millburn C C School
  • Middle School: Millburn C C School
  • High School: Warren Township High School
  • Junior High Dist: 24

Lot Info

  • Lot Dimensions: 175X216X200X131X276
  • Lot Description: Wooded
  • Parcel Identification Number: 03211010230000

Tax Info

  • Taxes: 14189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
May 3, 2019
Sold by
Bouvin Erik R and Bouvin Annette S
Bought by
Reitsma Justin and Reitsma Danielle
Seller's Agent
Julie Gerrits
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Lisa Buncic
@properties Christie's International Real Estate
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Current Estimated Value
$666,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,896
Avg. Annual Appreciation
5.76%
Original Mortgage
$423,000
Outstanding Balance
$371,648
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$294,453
Source: Public Records

Range of Values:

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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
Reitsma Justin $470,000 Attorneys Ttl Guaranty Fund
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reitsma Justin $423,000
Previous Owner Bouvin Erik R $49,000
Previous Owner Bouvin Erik R $192,000
Previous Owner Bouvin Erik R $152,000
Previous Owner Bouvin Erik R $150,000
Previous Owner Bouvin Erik R $70,000
Previous Owner Bouvin Eric R $258,000
Previous Owner Bouvin Erik R $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $470,000 -1.1% $137 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $475,000 -- $138 / 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 $14,546 $169,048 $41,265 $127,783
2023 $17,111 $155,024 $37,976 $117,048
2022 $17,111 $149,090 $37,000 $112,090
2021 $16,602 $146,974 $36,475 $110,499
2020 $16,026 $143,557 $35,627 $107,930
2019 $15,211 $137,863 $34,214 $103,649
2018 $14,025 $130,769 $31,671 $99,098
2017 $14,189 $133,537 $31,084 $102,453
2016 $13,606 $129,071 $30,044 $99,027
2015 $13,057 $121,892 $28,373 $93,519
2014 $12,164 $118,549 $27,595 $90,954
2012 $11,810 $120,526 $28,055 $92,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10171908

Midwest Real Estate Data (MRED)

APN: 03-21-101-023