Seller's Agent in 2023
Michelle Mackey
Baird Warner
(847) 501-0148
16 in this area
68 Total Sales
169 Rainbow Ln Trout Valley, IL 60013
Estimated Value: $473,000 - $521,000
3
Beds
2
Baths
2,630
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Boat Dock
- Stables
- Community Lake
- Cary Grove High School Rated A
- Mature Trees
- Atrium Room
About This Home
As of February 2023NOT YOUR COOKIE CUTTER HOME OR NEIGHBORHOOD! HOME IS SITUATED ON ALMOST AN ACRE OF LUSH BEAUTY. Trout Valley is resemblance the east coast! Think of it as a nature preserve; heavily wooded, hilly terrain, hiking paths, rare plants and flowers along the paths, winding roads, every season change brings on a new beauty that makes you say wow, I live here. It is a lifestyle community that has all the amenities you can ever want. Equestrians, you can board your horse at the Trout Valley barn! You have a birds eye view of the barn from the back of the home. Boaters, drop your boat at the Trout Valley launch for FREE! Marina and launch were newly refurbished. Tennis enthusiast, private courts await you. Golfers, hop in the golf cart and cruise over to the Cary Country Club for a round of golf and lovely views of the course off the clubs deck. Fisherman, fly fish in several private ponds or drop a line in Tom Sawyer Pond. Socialize with the neighbors at the Riverfront Lodge or Barn where you not only know your neighbors but they become lifelong friends. Where else can you have all this? Here!... and it looks like your driving through a wooded narnia, yet your only 10 min to the Metra train and 60 min to downtown Chicago! Situated between Fox Bluff Conservation Area, Fox River and Cary Country Club 18-hole public golf course. 169 Rainbow Ln backs up to a wooded lot with running stream & small waterfall. New oak sliders & large windows. The elevated views of surrounding woods is spectacular. Enjoy the panorama view from kitchen, dining area & living room with an open floor plan, solid oak flooring throughout main floor and lower level. Newly resurfaced multi-tiered backyard deck with sliders from the kitchen, dining area & primary bedroom. Lower level is complete to entertain with wet bar, cozy up next to the wood-burning fireplace with gas starter. Need to melt your stress away? Relax in the attached tropical, atrium sunroom complete with Jacuzzi hot tub. Walkout lower level is the perfect entertaining space with guest room, large bonus area that can be used for crafting, exercise, kids playroom or accommodate multi generation with the split footplate. 2.5 car attached garage has a staircase accommodating second-level storage. 2 new furnaces and 2 central AC units 2019 (3 year warranty left) Come make this golf community your home that feels a world away from the hustle bustle yet close to everything (10-minute walk to historic downtown Cary and the UPNW Metra station). Only 35 minutes to O'Hare airport. Highly-rated schools include Briargate Elementary (walking distance), Cary Junior High and Cary-Grove High School. *** HOME WARRANTY INCLUDED***
Last Agent to Sell the Property
Baird & Warner License #475183907 Listed on: 11/07/2022
Last Buyer's Agent
Michael McGuinness
Redfin Corporation License #475172720
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,342
Year Built
- Built in 1969
Lot Details
- 0.85 Acre Lot
- Lot Dimensions are 202x131x99x167
- Property has an invisible fence for dogs
- Electric Fence
- Paved or Partially Paved Lot
- Mature Trees
- Wooded Lot
- Backs to Trees or Woods
- Garden
HOA Fees
- $133 Monthly HOA Fees
Parking
- 2.5 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Step Ranch
- Asphalt Roof
Interior Spaces
- 2,630 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Family Room with Fireplace
- Combination Dining and Living Room
- Bonus Room
- Atrium Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Finished Basement
- Walk-Out Basement
- Finished Basement Bathroom
Outdoor Features
- Tideland Water Rights
- Pond
Location
- Property is near a park
Schools
- Briargate Elementary School
- Cary Junior High School
- Cary-Grove Community High School
Horse Facilities and Amenities
- Horses Allowed On Property
- Paddocks
- Stables
Utilities
- Central Air
- Heating System Uses Natural Gas
- 100 Amp Service
- Well
- Water Softener is Owned
- Private or Community Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance, security, clubhouse, lake rights
- Treasurer Association
- Trout Valley Subdivision
- Property managed by Trout Valley Association
- Community Lake
Amenities
- Clubhouse
Recreation
- Boat Dock
- Tennis Courts
- Community Pool
- Horse Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2022
Closed on
Jan 24, 2023
Sold by
Peters Douglas R
Bought by
Koehler Alexander Patrick and Young Jennifer Rae
Seller's Agent
Michelle Mackey
Baird & Warner
Buyer's Agent
Michael McGuinness
Redfin Corporation
List Price
$398,500
Sold Price
$379,000
Premium/Discount to List
-$19,500
-4.89%
Views
72
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,433
Avg. Annual Appreciation
7.75%
Original Mortgage
$372,135
Interest Rate
7.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 24, 2017
Sold by
Peters Heidi L
Bought by
Peters Douglas R and Valley Trout
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 1, 2010
Sold by
Peters Douglas R and Peters Heidi L
Bought by
Peters Heidi L and Heidi L Peters Revocable Trust
Purchase Details
Closed on
Jul 29, 2005
Sold by
Sheehan Dennis W and Sheehan Lorraine R
Bought by
Peters Douglas and Peters Heidi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koehler Alexander Patrick | $379,000 | Baird & Warner Title | |
| Peters Douglas R | -- | Fidelity National Title | |
| Peters Heidi L | -- | None Available | |
| Peters Douglas | $357,000 | Heritage Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Koehler Alexander Patrick | $375,857 | |
| Closed | Koehler Alexander Patrick | $372,135 | |
| Previous Owner | Peters Douglas R | $262,000 | |
| Previous Owner | Peters Heidi L | $270,000 | |
| Previous Owner | Peters Heidi L | $50,000 | |
| Previous Owner | Peters Douglas | $50,000 | |
| Previous Owner | Peters Douglas | $262,000 | |
| Previous Owner | Sheehan Dennis W | $118,000 | |
| Previous Owner | Sheehan Dennis W | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2023 02/03/23 | Sold | $379,000 | -1.4% | $144 / Sq Ft |
| 12/21/2022 12/21/22 | Pending | -- | -- | -- |
| 12/14/2022 12/14/22 | Price Changed | $384,500 | -1.3% | $146 / Sq Ft |
| 12/08/2022 12/08/22 | Price Changed | $389,500 | -2.3% | $148 / Sq Ft |
| 11/07/2022 11/07/22 | For Sale | $398,500 | -- | $152 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,647 | $141,183 | $25,611 | $115,572 |
| 2023 | $10,406 | $126,271 | $22,906 | $103,365 |
| 2022 | $12,170 | $142,615 | $29,113 | $113,502 |
| 2021 | $11,342 | $129,881 | $27,122 | $102,759 |
| 2020 | $11,012 | $125,283 | $26,162 | $99,121 |
| 2019 | $10,797 | $119,911 | $25,040 | $94,871 |
| 2018 | $9,521 | $103,981 | $23,559 | $80,422 |
| 2017 | $9,341 | $97,957 | $22,194 | $75,763 |
| 2016 | $9,279 | $91,875 | $20,816 | $71,059 |
| 2013 | -- | $99,765 | $19,420 | $80,345 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Mackey
-
Michael McGuinness
M
Buyer's Agent in 2023
Michael McGuinness
Redfin Corporation
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11668323
APN: 19-13-304-004
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