NOT LISTED FOR SALE

250 Otis Rd Barrington, IL 60010

Estimated Value: $902,000 - $1,739,000

7 Beds
9 Baths
10,000 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $840,000 $84 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,570/month

17 Days on Market

Highlights

  • In Ground Pool
  • Rooftop Deck
  • 5.27 Acre Lot
  • Countryside Elementary School Rated A
  • Sauna
  • Vaulted Ceiling

About This Home

As of July 2024

Located in the heart of Barrington Hills / Spacious 2 story home situated on 5.2 acres of land. Breathtaking views from your patio and balconies, plenty of outdoor space perfect for entertaining, including in ground pool and poolhouse. This property has 7 bedrooms, 6.3 bathrooms and over 10,000 sq ft of living space, gorgeous Master Suite with cathedral ceilings 9 ft in height, full basement and 6 car garage. Please see agent remarks for Offer Submission Instructions.

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 05/20/2024

Last Buyer's Agent

Rayce Harman

Compass License #475185253

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,892

Year Built

  • Built in 1970 | Remodeled in 2010

Lot Details

  • 5.27 Acre Lot
  • Lot Dimensions are 847x397

Parking

  • 6 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 10,000 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • 4 Fireplaces
  • Den
  • Library
  • Sun or Florida Room
  • Sauna
  • Breakfast Bar
  • Home Gym

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • Dual Sinks
  • Steam Shower
  • Separate Shower

Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Balcony
  • Rooftop Deck
  • Patio

Schools

  • Countryside Elementary School
  • Barrington High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,892

Year Built

Built in 1970 | Remodeled in 2010

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Basement: Full
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bathrooms: 9
  • Total Bedrooms: 7
  • Fireplaces: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Sauna/Steam Room
  • LivingArea: 10000
  • Room Type: Bedroom 5, Bedroom 6, Bedroom 7, Eating Area, Den, Sun Room, Library, Pantry, Exercise Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Roof Deck, In Ground Pool
  • List Price: 810000
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 6
  • ParkingTotal: 6
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Countryside Elementary School
  • High School: Barrington High School
  • Middle/Junior School District: 220

Lot Info

  • Lot Size Acres: 5.273
  • Lot Dimensions: 847X397
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 22892.36
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 26, 2024
Sold by
Us Bank National Association
Bought by
Zein Ali
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Rayce Harman
Compass
List Price
$810,000
Sold Price
$840,000
Premium/Discount to List
$30,000
3.7%
Views
52
Current Estimated Value
$1,184,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,403
Avg. Annual Appreciation
13.23%
Original Mortgage
$756,000
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2023
Sold by
Judicial Sales Corporation
Bought by
Us Bank National Association

Purchase Details

Closed on
May 12, 2016
Sold by
Gil Jozef and Gil Halina
Bought by
Gil Jozef

Purchase Details

Closed on
Jan 5, 2010
Sold by
Gil Jozef
Bought by
Gil Jozef and Gil Halina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1994
Sold by
Miszczak Zofia
Bought by
Gil Jozef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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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
Zein Ali $840,000 None Listed On Document
Us Bank National Association -- None Listed On Document
Gil Jozef -- Attorney
Gil Jozef -- First American Title Ins Co
Gil Jozef $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zein Ali $756,000
Previous Owner Gil Jozef $250,000
Previous Owner Gil Jozef $30,000
Previous Owner Gil Jozef $207,253
Previous Owner Gil Jozef $900,000
Previous Owner Gil Jozef $417,000
Previous Owner Gil Jozef $250,000
Previous Owner Gil Jozef $417,000
Previous Owner Gil Jozef $400,000
Previous Owner Gil Jozef $110,000
Previous Owner Gil Jozef $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $840,000 +3.7% $84 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $810,000 -- $81 / 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 $25,394 $107,000 $22,969 $84,031
2023 $24,747 $112,000 $22,969 $89,031
2022 $24,747 $112,000 $22,969 $89,031
2021 $22,892 $92,169 $22,969 $69,200
2020 $22,092 $92,169 $22,969 $69,200
2019 $21,374 $102,410 $22,969 $79,441
2018 $21,872 $120,053 $17,226 $102,827
2017 $27,277 $120,053 $17,226 $102,827
2016 $25,815 $120,053 $17,226 $102,827
2015 $25,283 $109,709 $11,484 $98,225
2014 $24,709 $109,709 $11,484 $98,225
2013 $24,731 $109,709 $11,484 $98,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12061033

Midwest Real Estate Data (MRED)

APN: 01-04-402-006-0000