NOT LISTED FOR SALE

Estimated Value: $1,849,766 - $2,620,000

5 Beds
6 Baths
4,000 Sq Ft
$527/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $1,460,001 $365 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $13,366/month

68 Days on Market

Highlights

  • Sauna
  • Walk-In Pantry
  • Detached Garage
  • Steam Shower
  • Stainless Steel Appliances
  • 4-minute walk to Charles Fellger Park

About This Home

As of December 2016

ELEGANT NEW CONSTRUCTION SINGLE FAMILY HOME W/5 BEDS 4 1/2 BATHS. THIS LUXURIOUS HOME OFFERS CHEFS STYLE KITHCEN W/48" SUBZERO REFRIGERATOR, 48" WOLF RANGE, THERMADOR MICRO&BOSCH DW. CUSTOM SHAKER STYLE WHITE CABINETS W/QUARTZ COUNTERS. BUTLER PANTRY W/WINE COOLER, SINK & WALK IN PANTRY. SPA STYLE BATHS W/MASTER OFFERING STEAM & RAIN, STAND ALONE TUB, DUAL SINKS, WHITE MARBLE. LARGE FORMAL LIVING/DINING SPACE W/GAS FIRPLACE & SPACIOUS GREAT ROOM OFF OF KITCHEN. LOWER LEVEL FAMILY ROOM W/WET BAR. RADIANT HEAT IN LL. DUAL ZONED HVAC W/AIR EXCHANGE SYSTEM. FULL UPPER LEVEL LAUNDRY ROOM. REAR MUDROOM AREA W/BUILT IN CLOSETS/SHELVING. PROFESSIONALLY FINISHED CLOSETS. BUILT IN WOLF GRILL ON PATIO. PROFESSIONALLY DESIGNED INTERIORS EXUDE LUXURY. MOVE IN READY.

Last Agent to Sell the Property

Tim Sheahan

Compass License #475145058 Listed on: 06/27/2016

Compass

Co-Listed By

Jay Kuchenbecker

Compass License #475150987

Last Buyer's Agent

Nick Powers

Baird & Warner License #475122366

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,106

Year Built

  • 2016

Lot Details

  • 3,006

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Frame Construction
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Skylights
  • Gas Log Fireplace
  • Sauna
  • Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $15,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,106

Year Built

2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • New/Proposed Construction Options: Air Purifier/Humidifier, Central Air, Garage, Landscaping, Skylight/s, Wood Windows
  • Age: NEW Ready for Occupancy
  • New Construction: Y
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.2
  • Type Detached: 2 Stories
  • Estimated Year Built: 2016
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Interior Property Features: Skylight(s), Sauna/Steam Room, Bar-Wet, 2nd Floor Laundry
  • Number Of Rooms: 9
  • Living Room: Dimensions: 14X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Living Room
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Steam Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 17X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X12, On Level: Lower, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X16, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 4000
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 18X20, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Frame, Stone

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 24X125
  • Parcel Identification Number: 14194280300000

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2019
Sold by
Madera John R and Madera Lauren K
Bought by
Madera John R and Madera Lauren K
Current Estimated Value
$2,106,192

Purchase Details

Closed on
Aug 14, 2018
Sold by
Madera John R and Madera Lauren K
Bought by
Madera Johnr R and Madera Lauren K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$694,768
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,411,424

Purchase Details

Closed on
Dec 18, 2017
Sold by
Kanuru Rajesh and Bellam Hari Chandana
Bought by
Madera John R and Madera Lauren K

Purchase Details

Listed on
Jun 27, 2016
Closed on
Oct 27, 2016
Sold by
1248 W Grace Llc
Bought by
Kanuru Rajesh and Bellam Hari Chandana
Seller's Agent
Tim Sheahan
Compass
Buyer's Agent
Nick Powers
Baird & Warner
List Price
$1,499,000
Sold Price
$1,460,001
Premium/Discount to List
-$38,999
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$1,168,001
Interest Rate
3.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2015
Sold by
Chicago Title Land Trust Company
Bought by
1248 W Grace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Madera John R -- None Available
Madera Johnr R -- Attorney
Madera John R $1,455,000 Proper Title Llc
Kanuru Rajesh $1,460,500 Chicago Title
1248 W Grace Llc $510,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madera Johnr R $800,000
Previous Owner Kanuru Rajesh $1,168,001
Previous Owner 1248 W Grace Llc $343,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2016 12/05/16 Sold $1,460,001 -2.6% $365 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $1,499,000 -- $375 / 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 $28,106 $168,844 $46,500 $122,344
2023 $27,399 $133,209 $37,500 $95,709
2022 $27,399 $133,209 $37,500 $95,709
2021 $28,435 $141,406 $37,500 $103,906
2020 $24,980 $112,133 $15,600 $96,533
2019 $24,757 $123,224 $15,600 $107,624
2018 $27,147 $137,432 $15,600 $121,832
2017 $33,037 $153,466 $13,800 $139,666
2016 $2,764 $13,800 $13,800 $0
2015 $9,373 $51,152 $13,800 $37,352
2014 $7,401 $44,292 $10,800 $33,492
2013 -- $44,292 $10,800 $33,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09269734

Midwest Real Estate Data (MRED)

APN: 14-19-428-030-0000