NOT LISTED FOR SALE

16796 W Cherrywood Ln Wadsworth, IL 60083

Estimated Value: $688,000 - $806,000

6 Beds
5 Baths
3,934 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $500,000 $127 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,320/month

31 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Vaulted Ceiling
  • Millburn Elementary School Rated A-
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of September 2020

Gorgeous, custom built home on private, 1-acre wooded cul-de-sac lot, with over 5,000 sq ft of finished living space. Windows galore allow for amazing natural light & views of nature. Open Concept floor plan! The spacious Kitchen has granite counters, huge island, convenient office nook & opens directly to the Formal Dining room. Living & Family room combo offers infinite furniture possibilities to fit your needs. 1st floor In-Law Suite w/2 Bedrooms (or office/craft room), each with exterior doors/deck & Full Bath w/walk-in shower. The luxurious Master Bed/Bath was completely remodeled in '19 with beautiful finishes & has a gas Fireplace, amazing private balcony & 2 W/I closets. 2 more generous sized Bedrooms, Full Bath & HUGE Bonus room complete the 2nd level. 2 staircases ease access around this large home. The Finished Basement has brand new carpet & fantastic built-in bookshelves plus the 6th bedroom, 1/2 bath & large storage room/workshop area. 3-car garage, professionally landscaped yard with up- lighting, brick paver patio, covered porch, balcony, garden, fire pit... the list goes on & on! Meticulously maintained and always improved! This is a must see!

Last Agent to Sell the Property

Julie Gerrits

Berkshire Hathaway HomeServices Chicago License #475172731 Listed on: 06/24/2020

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Tracy Harwell

HomeSmart Connect LLC License #475155719

Last Buyer's Agent

Jose Nunez

35th Street Realty Inc License #475139300

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,617

Year Built

  • 1996

Lot Details

  • Cul-De-Sac
  • Landscaped Professionally
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $33 per month

Parking

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

Home Design

  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Stove
  • Gas Log Fireplace
  • Family Room Downstairs
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Brick Porch or Patio
  • Fire Pit

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,617

Year Built

1996

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.2
  • Total Sq Ft: 3934
  • Type Detached: 2 Stories
  • Estimated Year Built: 1996
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 5045
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 12
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Cooktop
  • Fireplace Details: Wood Burning Stove, Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 10X7, On Level: Main Level, Flooring: Carpet
  • Dining Room: Dimensions: 18X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 23X18, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Bonus, 5th Bedroom, 6th Bedroom, Family Room - Down
  • Master Bedroom: Dimensions: 18X16, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X10, On Level: Main Level, Flooring: Parquet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 16X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Bonus, Dimensions: 23X22, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 17X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Family Room - Down, Dimensions: 30X26, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 3934
  • Estimated Total Finished Sq Ft: 5045
  • Basement Sq Ft: 1111
  • Basement Finished Sq Ft: 1111
  • Main Level Sq Ft: 2000
  • Upper Level Sq Ft: 1934
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Balcony, Brick Paver Patio, Fire Pit
  • Acreage: 0.99

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
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance
  • 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: 0.99
  • Lot Description: Cul-de-sac, Landscaped Professionally, Wooded, Mature Trees
  • Parcel Identification Number: 03211010020000

Tax Info

  • Taxes: 16345.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Sep 3, 2020
Sold by
Thomas Mark Otto and Thomas Cheryl Laverne
Bought by
Haro Carlos and Haro Lourdes Xochitl
Seller's Agent
Julie Gerrits
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jose Nunez
35th Street Realty Inc
List Price
$509,000
Sold Price
$500,000
Premium/Discount to List
-$9,000
-1.77%
Current Estimated Value
$727,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,943
Avg. Annual Appreciation
7.77%
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2019
Sold by
Thomas Mark and Thomas Cheryl
Bought by
Thomas Mark Otto and Thomas Cheryl Laverne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 2000
Sold by
Anderson David L and Anderson Susan A
Bought by
Thomas Mark and Thomas Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
8.75%

Purchase Details

Closed on
Apr 28, 1995
Sold by
Bank Of Waukegan
Bought by
Anderson David and Anderson Susan
Source: Public Records

Range of Values:

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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
Haro Carlos $500,000 First American Title
Thomas Mark Otto -- Attorney
Thomas Mark $497,500 Lawyers Title Pick Up
Anderson David $68,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haro Carlos $300,000
Previous Owner Haro Carlos $400,000
Previous Owner Thomas Mark $245,000
Previous Owner Thomas Mark $293,450
Previous Owner Thomas Mark $378,750
Previous Owner Thomas Mark $417,000
Previous Owner Thomas Mark O $100,000
Previous Owner Thomas Mark $500,000
Previous Owner Thomas Mark $62,000
Previous Owner Thomas Mark $150,000
Previous Owner Thomas Mark $380,000
Previous Owner Thomas Mark $380,000
Previous Owner Thomas Mark $75,000
Previous Owner Thomas Mark $380,000
Previous Owner Anderson David $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $500,000 -1.8% $127 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $509,000 -- $129 / 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 $15,617 $180,920 $30,337 $150,583
2023 $18,426 $165,853 $27,920 $137,933
2022 $18,426 $160,084 $27,201 $132,883
2021 $17,879 $157,812 $26,815 $130,997
2020 $17,259 $154,144 $26,192 $127,952
2019 $16,345 $148,030 $25,153 $122,877
2018 $15,203 $144,405 $25,142 $119,263
2017 $15,066 $141,727 $24,676 $117,051
2016 $14,448 $136,987 $23,851 $113,136
2015 $13,867 $129,086 $22,525 $106,561
2014 $12,919 $125,545 $21,907 $103,638
2012 $12,540 $127,638 $22,272 $105,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10757879

Midwest Real Estate Data (MRED)

APN: 03-21-101-002