NOT LISTED FOR SALE

Estimated Value: $2,078,431 - $3,118,000

6 Beds
9 Baths
12,707 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $1,350,000 $106 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $15,131/month

818 Days on Market

Highlights

  • Home Theater
  • Multiple Garages
  • Deck
  • Barbara B. Rose Elementary School Rated A+
  • Landscaped Professionally
  • Traditional Architecture

About This Home

As of September 2020

Magnificent estate! Located in the prestigious gated community of Magnolia Pointe, nothing has been overlooked in this custom-built brick home with finished walkout lower level. The tone of the house is set beginning in the dazzling two story foyer with Crema Marfil marble flooring, crystal chandelier, wrought iron railing & beautiful interior finishes. First floor spaces include a spacious great room with fireplace & access to the deck, gracious living & dining rooms, amazing home theatre, large office with built-in storage & guest suite with private bath. The kitchen & eating area are exceptional spaces with custom cabinets, center island breakfast bar, top of the line appliances, butler's pantry, wet bar & huge eating area. The master bedroom suite is one of a kind with huge bedroom, sitting room with fireplace, media area & private luxury bath. All bedrooms are spacious & en suite. Fabulous lower level includes 2nd kitchen, fireplace, flex spaces & exercise court. The 2019 assessed value has gone down to $44,598 and it is approximately an 18% reduction.

Last Agent to Sell the Property

Dean Tubekis

Coldwell Banker Realty License #475137834 Listed on: 05/09/2018

Coldwell Banker Realty

Last Buyer's Agent

Mazher Shah-Khan

Nelly Corp Realty License #475187809

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,464

Year Built

  • 2005

Lot Details

  • Landscaped Professionally
  • Corner Lot

HOA Fees

  • $200 per month

Parking

  • Attached Garage
  • Multiple Garages
  • Heated Garage
  • Garage Door Opener
  • Circular Driveway
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • Elevator
  • Wet Bar
  • Great Room
  • Sitting Room
  • Dining Area
  • Home Theater
  • Home Office
  • Bonus Room
  • Play Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Zoned 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

$29,464

Year Built

2005

Lot Details

0

HOA Fees

$200 per month

Parking

5

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 11-15 Years
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 4
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 8.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Bar-Wet, Elevator, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 18
  • Living Room: Dimensions: 18X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Freezer, Washer, Dryer, Disposal, Compactor-Trash, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator, Cooktop, Oven/Built-in, Range Hood
  • Equipment: Central Vacuum, Security System, CO Detectors, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Power Generator
  • Attic: Full, Interior Stair
  • Fireplace Location: Family Room, Living Room, Master Bedroom
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Bidet
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 9X8, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 23X18, On Level: Main Level, Flooring: Marble
  • Kitchen Type: Dimensions: 22X21, On Level: Main Level, Flooring: Marble
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Butler, Pantry-Walk-in
  • Additional Rooms: Bonus, 5th Bedroom, 6th Bedroom, Eating Area, Exercise Room, Great Room, Office, Pantry, Play Room, Sitting Room, Theatre Room
  • Master Bedroom: Dimensions: 20X20, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X21, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 19X16, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Eating Area, Dimensions: 22X13, On Level: Main Level, Flooring: Marble
  • Bedroom 3: Dimensions: 17X17, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Office, Dimensions: 20X16, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 18X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Great Rm, Dimensions: 27X20, On Level: Main Level, Flooring: Marble
  • Additional Room 6 Name: Bonus, Dimensions: 34X22, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 7 Name: Playroom, Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 8 Name: Sitting, Dimensions: 18X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 9 Name: Exercise Rm, Dimensions: 23X16, On Level: Walkout Basement, Flooring: Ceramic Tile
  • Additional Room 10 Name: Theater Rm, Dimensions: 31X20, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 12707
  • Dining Room Type: Separate
  • Family Room: Dimensions: 28X19, On Level: Walkout Basement, Flooring: Ceramic Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick
  • Roof Type: Tile
  • Exterior Property Features: Balcony, Deck
  • Acreage: 1.309

Garage/Parking

  • Number of Cars: 5
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated, Multiple Garages
  • Garage On Site: Yes
  • Number Garage Spaces: 5
  • Driveway: Brick, Circular
  • Parking Included In Price: Yes
  • 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
  • Special Assessments: U
  • Assessment Association Fees: 2400
  • Management Contact Name: Unknown
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Magnolia Pointe Property Owners Association

Schools

  • Junior High Dist: 220

Lot Info

  • Lot Dimensions: 233X157X320X118
  • Lot Description: Corner, Landscaped Professionally
  • Parcel Identification Number: 01344040060000

Tax Info

  • Taxes: 54441.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Sep 10, 2020
Sold by
Chin Hugh and Chin Chi Yin
Bought by
Shah Khan Mazher M and Shah Khan Farheen
Seller's Agent
Dean Tubekis
Coldwell Banker Realty
Buyer's Agent
Mazher Shah-Khan
Nelly Corp Realty
List Price
$2,390,000
Sold Price
$1,350,000
Premium/Discount to List
-$1,040,000
-43.51%
Current Estimated Value
$2,378,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,028,858
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
Jan 25, 2010
Sold by
Chin Hugh and Chin Chi
Bought by
Chin Hugh and Chin Chi Yin

Purchase Details

Closed on
Apr 3, 2001
Sold by
Parkway Bank & Trust Company
Bought by
Chin Hugh and Chin Cih
Source: Public Records

Range of Values:

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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
Shah Khan Mazher M $1,350,000 Chicago Title
Chin Hugh -- None Available
Chin Hugh $295,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $1,350,000 -32.5% $106 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
03/12/2020 03/12/20 Price Changed $1,999,888 0.0% $157 / Sq Ft
03/12/2020 03/12/20 Price Changed $1,999,000 -9.1% $157 / Sq Ft
10/08/2018 10/08/18 Price Changed $2,200,000 -7.9% $173 / Sq Ft
05/09/2018 05/09/18 For Sale $2,390,000 -- $188 / 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 $29,464 $130,000 $22,808 $107,192
2023 $28,643 $130,000 $22,808 $107,192
2022 $28,643 $130,000 $22,808 $107,192
2021 $33,584 $135,000 $17,106 $117,894
2020 $32,515 $135,000 $17,106 $117,894
2019 $43,339 $204,801 $17,106 $187,695
2018 $54,441 $250,000 $15,680 $234,320
2017 $52,980 $250,000 $15,680 $234,320
2016 $49,946 $250,000 $15,680 $234,320
2015 $42,908 $198,634 $14,255 $184,379
2014 $42,111 $198,634 $14,255 $184,379
2013 -- $198,634 $14,255 $184,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09944646

Midwest Real Estate Data (MRED)

APN: 01-34-404-006-0000