NOT LISTED FOR SALE

203 Meadow Ln Oakwood Hills, IL 60013

Estimated Value: $383,000 - $427,000

4 Beds
2.5 Baths
2,563 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 30, 2023

Last sale price $335,000 $131 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,915/month

5 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Deck
  • Prairie Ridge High School Rated A
  • Community Lake
  • Property is near a park

About This Home

As of September 2023

Welcome to this stunning custom colonial home, nestled in the desirable Oakwood Hills community with lake rights. Boat slips are available and cost $35 for the season from 4/1-11/1. They are located at North Beach! Enjoy the privileges of swimming, fishing, canoeing, and rowing on the picturesque Silver Lake. This home boasts fresh paint inside and out, presenting a pristine appearance from every angle. The family room is welcoming and impressive, featuring high ceilings and newly installed windows in 2022. and features a wood-burning fireplace, creating a cozy atmosphere for relaxation and gatherings. The master bedroom offers a deluxe primary bathroom with a whirlpool tub, separate shower, and walk-in closet! The fully finished walk-out basement provides additional living space and endless possibilities. With access to the hot tub and screened-in patio, your summer or winter nights can be enjoyed year-round! With carpeting, and paint throughout, this home is ready for you to move right in and make it your own. Enjoy a tranquil and picturesque setting in the coveted Oakwood Hills neighborhood. Don't miss the opportunity to call this beautiful home yours. Schedule a showing today and experience the perfect blend of comfort and style.

Last Agent to Sell the Property

Jaclyn John

Keller Williams Inspire License #475181368 Listed on: 08/28/2023

Keller Williams Inspire

Co-Listed By

Cassie Marquis

Keller Williams Inspire License #475184197

Last Buyer's Agent

Nicholas Castello

David Erffmeyer, Broker License #475206659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,915

Year Built

  • Built in 1991

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70x120
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,563 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Heatilator
  • Window Treatments
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Spa
  • Tideland Water Rights
  • Deck
  • Screened Patio

Location

  • Property is near a park

Utilities

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

Community Details

  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,915

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1991
  • Age: 31-40 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, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 500
  • Fireplace Features: Wood Burning, Heatilator
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hot Tub, Hardwood Floors, Wood Laminate Floors, Walk-In Closet(s), Some Carpeting, Some Window Treatmnt, Some Wood Floors, Separate Dining Room, Pantry
  • LivingArea: 2563
  • Room Type: Eating Area, Recreation Room
  • Estimated Total Finished Sq Ft: 500
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 500
  • Fireplace Location: Family Room
  • Total Sq Ft: 1109
  • Attic: Pull Down Stair,Unfinished
  • Unfinished Lower Sq Ft: 609
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Screened Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 345000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Water Rights, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 70X120
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 8915.02
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Sep 22, 2023
Sold by
Salvo Richard J and Salvo Mary Beth
Bought by
Devan Robert
Seller's Agent
Jaclyn John
Keller Williams Inspire
Buyer's Agent
Nicholas Castello
David Erffmeyer, Broker
List Price
$345,000
Sold Price
$335,000
Premium/Discount to List
-$10,000
-2.9%
Views
83
Current Estimated Value
$400,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,194
Avg. Annual Appreciation
11.20%
Original Mortgage
$6,000
Interest Rate
7.18%

Purchase Details

Closed on
Apr 21, 2012
Sold by
Salvo Richard J and Salvo Mary Beth
Bought by
Salvo Richard J and Salvo Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2002
Sold by
Waite David R and Waite Lisa E
Bought by
Salvo Richard R and Salvo Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,900
Interest Rate
6.08%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Waite David R and Waite Lisa E
Bought by
Waite David R and Waite Lisa E
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
Devan Robert $335,000 None Listed On Document
Salvo Richard J -- Chicago Title-Carol Stream
Salvo Richard R $272,900 Nlt Title Llc
Waite David R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Devan Robert $6,000
Open Devan Robert $301,500
Previous Owner Salvo Richard J $160,000
Previous Owner Salvo Richard $177,000
Previous Owner Salvo Richard R $156,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2023 09/30/23 Sold $335,000 -2.9% $131 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $345,000 -- $135 / 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 $8,825 $111,655 $17,591 $94,064
2023 $10,270 $117,001 $15,775 $101,226
2022 $8,915 $98,759 $16,828 $81,931
2021 $8,412 $92,592 $15,777 $76,815
2020 $8,288 $89,817 $15,304 $74,513
2019 $8,092 $85,393 $14,550 $70,843
2018 $8,123 $84,545 $8,754 $75,791
2017 $7,963 $80,998 $8,387 $72,611
2016 $7,874 $77,281 $8,002 $69,279
2013 -- $73,548 $7,615 $65,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11871618

Midwest Real Estate Data (MRED)

APN: 14-36-405-013