NOT LISTED FOR SALE

1703 N Applewood Ln Spring Grove, IL 60081

Estimated Value: $424,000 - $512,000

3 Beds
3 Baths
3,846 Sq Ft
$118/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $370,000 $96 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,316/month

8 Days on Market

Highlights

  • Mature Trees
  • Deck
  • Recreation Room
  • Richmond-Burton High School Rated 9+
  • Property is near a park
  • Vaulted Ceiling

About This Home

As of December 2023

This charming ranch home is situated on a generous 0.94-acre lot, providing ample space and a serene environment. With its impressive 10-foot ceilings and oversized windows, the interior is bathed in natural light, creating an inviting and airy atmosphere. The home boasts 3 spacious bedrooms, including a vaulted master suite complete with a whirlpool bath, separate shower and a convenient walk-in closet. The master suite offers a private retreat for relaxation and comfort. The kitchen is a chef's dream, featuring a generous amount of counter space, a pantry, and room for a dining table. Whether you enjoy cooking or simply appreciate a spacious kitchen, this space will surely meet your needs. The adjacent family room is both cozy and functional, with a wood-burning fireplace to create a warm and inviting ambiance. It also provides access to a large deck, ideal for outdoor entertaining and enjoying the expansive yard. For more formal occasions, there's a dedicated dining room, adding an elegant touch to your dining experience. The adjacent living room makes a great place to continue to entertain after your more formal occasions. Convenience is key with a main floor laundry area, making everyday tasks more manageable. The full basement offers versatility and potential. It includes a rec room and playroom, allowing you to create the space you need, whether for entertainment, hobbies, or other activities. Additionally, there is a second kitchen in the basement, making it suitable for an in-law arrangement or additional living space. A full bathroom and storage space complete the basement, enhancing its functionality. The home also includes a 3-car attached garage, providing ample parking and storage space. Lastly, the deck overlooks the vast yard, which offers plenty of outdoor space for various activities, gardening, or simply enjoying the natural surroundings. This ranch home combines comfort, convenience, and versatility, making it a perfect choice for those seeking a spacious and well-thought out property in a picturesque setting.

Last Agent to Sell the Property

Peggy Seiling

Lakes Realty Group License #475159021 Listed on: 11/02/2023

Last Buyer's Agent

Ron Becker

RE/MAX Advantage Realty License #471005547

RE/MAX Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 1994

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 170x265x150x240
  • Mature Trees

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,846 Sq Ft Home
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Play Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

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

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Additional Features

  • Deck
  • Property is near a park

Community Details

  • Daniel Torkelson Association, Phone Number (815) 382-9051
  • Orchard Bluff Estates Subdivision
  • Property managed by Orchard Bluff Estates

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,376

Year Built

Built in 1994

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Orchard Bluff Estates
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1923
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Ceiling - 10 Foot
  • LivingArea: 3846
  • Other Equipment: Humidifier, Water-Softener Owned, Central Vacuum, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room, Play Room, Kitchen, Foyer, Storage
  • Estimated Total Finished Sq Ft: 3846
  • Assessed Sq Ft: 1923
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1923
  • Basement Sq Ft: 1923
  • Fireplace Location: Family Room
  • Total Sq Ft: 3846
  • Main Level Sq Ft: 1923
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 395000
  • Lot Features: Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Community Features: Park
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Orchard Bluff Estates
  • Management Contact Name: Daniel Torkelson
  • Management Phone: 815-382-9051
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Middle/Junior School District: 2

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.94
  • Lot Dimensions: 170X265X150X240
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8376.02
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 1, 2023
Sold by
Richard F Moretti Revocable Trust
Bought by
Sedlacek Richard E and Mazar Deanne
Seller's Agent
Peggy Seiling
Lakes Realty Group
Buyer's Agent
Ron Becker
RE/MAX Advantage Realty
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%
Views
142
Current Estimated Value
$454,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,904
Avg. Annual Appreciation
14.16%
Original Mortgage
$296,000
Outstanding Balance
$291,932
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$162,972

Purchase Details

Closed on
Jun 3, 1999
Sold by
Moretti Richard F and Moretti Norma A
Bought by
Moretti Richard F and Richard F Moretti Revocable Trust

Purchase Details

Closed on
Jul 21, 1994
Sold by
Klm Builders Inc
Bought by
Moretti Richard F and Moretti Norma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Sedlacek Richard E $370,000 Chicago Title
Moretti Richard F -- --
Moretti Richard F $234,500 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sedlacek Richard E $296,000
Previous Owner Moretti Richard F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $370,000 -6.3% $96 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $395,000 -- $103 / 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 $9,411 $133,305 $21,072 $112,233
2023 $8,706 $124,328 $19,653 $104,675
2022 $8,376 $109,367 $17,288 $92,079
2021 $7,933 $103,098 $16,297 $86,801
2020 $6,125 $98,555 $15,579 $82,976
2019 $6,268 $97,022 $15,337 $81,685
2018 $6,613 $94,023 $14,863 $79,160
2017 $7,574 $88,293 $13,957 $74,336
2016 $7,567 $84,321 $13,329 $70,992
2013 -- $83,329 $14,208 $69,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11922296

Midwest Real Estate Data (MRED)

APN: 05-31-129-002