NOT LISTED FOR SALE

260 Otis Rd Barrington, IL 60010

Estimated Value: $2,440,000 - $2,677,000

6 Beds
8 Baths
8,269 Sq Ft
$312/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $2,385,000 $288 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $17,623/month

1 Day on Market

Highlights

  • Additional Residence on Property
  • Lake Front
  • Horses Allowed On Property
  • Countryside Elementary School Rated A
  • Barn
  • In Ground Pool

About This Home

As of November 2023

Landmark estate with 21 acres is a rare offering with coveted location in the heart of Barrington Hills! "Valley View Farm" is a once in a lifetime idyllic hilltop wooded setting and has only exchanged hands only three times in over 100 years - a testimony this property is a cherished treasure! Acreage allows for potential subdivision for 3 additional parcels. The 8,000 SF Hamptons-styled home offers casual country living and timeless quality throughout and 6 Bedrooms, 6.2 Baths, Old World charm, character, exquisite decor, high ceilings, extensive moldings & trim work, expansive wrap around three season porch, gourmet Kitchen with newer stainless appliances, an island, commercial refrigerator & Butler's pantry, Great Room with incredible views of the property, a private office for your work from home needs, front and back staircases and much more. Stunning grounds include an oversized pool, gorgeous gardens, sweeping yards, century old oak trees, garage space for up to 6 vehicles, plenty of room for horses and other hobbies, a barn and a 2 bedroom guest cottage complete the this extraordinary property. (Successful property tax appeal in process with projected adjustment of 2021 taxes to $54,500). Co-list agent is related to the sellers.

Last Agent to Sell the Property

John Morrison

@properties Christie's International Real Estate License #471000101 Listed on: 08/25/2023

@properties Christie's International Real Estate

Co-Listed By

Mimi Noyes

@properties Christie's International Real Estate License #475123859

Last Buyer's Agent

Erin Vondra

Erin Vondra Real Estate LLC License #471002950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,378

Year Built

  • Built in 1910

Lot Details

  • 21.26 Acre Lot
  • Lot Dimensions are 435x1314x419x75x200x75x334x59x343x927
  • Lake Front
  • Dog Run
  • Partially Fenced Property
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Second Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,269 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Screened Porch
  • Wood Flooring
  • Water Views

Kitchen

  • Double Oven
  • Freezer
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Rooftop Deck
  • Patio
  • Gazebo
  • Shed

Schools

  • Countryside Elementary School
  • Barrington Middle School Prairie
  • Barrington High School

Farming

  • Barn
  • Pasture

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Additional Features

  • Additional Residence on Property
  • Horses Allowed On Property

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,378

Year Built

Built in 1910

Lot Details

0

HOA Fees

$67 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Rebuilt Year: 1993
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Trash Compactor
  • Basement: Full
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 4
  • Interior Amenities: Bar-Wet, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, Second Floor Laundry, First Floor Full Bath
  • LivingArea: 8269
  • Other Equipment: Humidifier, Water-Softener Owned, Security System, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Bedroom 6, Breakfast Room, Screened Porch, Office, Enclosed Porch, Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Bedroom
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch, Roof Deck, Dog Run, In Ground Pool, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 2650000
  • Lot Features: Horses Allowed, Lake Front, Landscaped, Water View, Wooded, Mature Trees, Lake Access, Pasture, Partial Fencing, Waterfront
  • OtherStructures: Barn(s), Gazebo, Guest House, Dog Kennel, Second Garage, Second Residence, Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Shakes

Garage/Parking

  • Garage Spaces: 6
  • Number of Cars: 6
  • Driveway: Asphalt,Gravel,Circular
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Community Features: Horse-Riding Trails, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 21.259
  • Lot Dimensions: 435X1314X419X75X200X75X334X59X343X927
  • Lot Size: 10+ Acres
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 58377.86
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Nov 15, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Baumfeld Ethan and Baumfeld Anne
Seller's Agent
John Morrison
@properties Christie's International Real Estate
Buyer's Agent
Erin Vondra
Erin Vondra Real Estate LLC
List Price
$2,650,000
Sold Price
$2,385,000
Premium/Discount to List
-$265,000
-10%
Views
8
Current Estimated Value
$2,576,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,158
Avg. Annual Appreciation
4.43%
Original Mortgage
$1,908,000
Outstanding Balance
$1,877,876
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$698,282
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
Baumfeld Ethan $2,385,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baumfeld Ethan $1,908,000
Previous Owner Chicago Title Land Trust Company $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $2,385,000 -10.0% $288 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $2,650,000 -- $320 / 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 $42,233 $179,657 $92,604 $87,053
2023 $58,378 $179,657 $92,604 $87,053
2022 $58,378 $253,104 $92,604 $160,500
2021 $60,684 $230,000 $92,604 $137,396
2020 $64,464 $251,196 $92,604 $158,592
2019 $62,694 $279,107 $92,604 $186,503
2018 $55,888 $244,000 $69,453 $174,547
2017 $54,672 $244,000 $69,453 $174,547
2016 $51,931 $244,000 $69,453 $174,547
2015 $58,344 $244,801 $46,302 $198,499
2014 $58,246 $244,801 $46,302 $198,499
2013 $55,933 $244,801 $46,302 $198,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11869798

Midwest Real Estate Data (MRED)

APN: 01-04-402-017-0000