NOT LISTED FOR SALE

2901 Cherry Ln Northbrook, IL 60062

Estimated Value: $708,000 - $901,000

4 Beds
3 Baths
2,896 Sq Ft
$274/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $475,000 $164 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,308/month

87 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Whirlpool Bathtub
  • Hickory Point Elementary School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of December 2020

This home checks the boxes for today's buyer: generous BEDROOM sizes, large corner LOT, finished RECREATION room, vibrant welcoming COMMUNITY, top-ranked SCHOOLS offering 50/50 in person learning. Welcome to 2901 Cherry that is bright and spacious for the next generation to enjoy. Hardwood floors throughout most rooms including 2nd level under the carpets. Fresh neutral paint in today's colors. Hang out in the family room by the corner fireplace, overlooking the big deck. Two sets of sliders to the yard. Imagine the possibilities in the kitchen if you knock out the dining room wall. Southern exposure brings in tons of light. You've found your forever home to customize for your family to enjoy long-term. First floor coveted laundry room. Generous bedroom sizes. Owners suite offers walk-in closet, separate shower and jetted tub. Large finished recreation room in basement is clean & cozy. Newer roof and siding. Newer systems. Beautiful space in this home is captivating for your ideas-see the potential here. Perfect package of size, location and pretty yard. See upgraded features under additional information. Come for a visit, stay for a generation!

Last Agent to Sell the Property

Caroline Gau

Real Broker LLC License #475132190 Listed on: 08/15/2020

Co-Listed By

Jackie Mishory

Baird & Warner License #475172924

Last Buyer's Agent

Chunlei Yang

Same Height International LLC License #471018961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,222

Year Built

  • 1965

Lot Details

  • 0.27

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Wood Flooring
  • Finished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,222

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2531
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1965
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 3445
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Range Hood
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 22X22, On Level: Main Level, Flooring: Other
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 21X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 17X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2896
  • Estimated Total Finished Sq Ft: 3445
  • Basement Sq Ft: 914
  • Basement Finished Sq Ft: 914
  • Main Level Sq Ft: 1331
  • Upper Level Sq Ft: 1200
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 28X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Acreage: 0.271

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 2896

Schools

  • School District: 225
  • Elementary School: Hickory Point Elementary School
  • Middle School: Wood Oaks Junior High School
  • High School: Glenbrook North High School
  • Junior High Dist: 27
  • Elementary School #2: Shabonee School

Lot Info

  • Lot Dimensions: 115X107X90X82X35
  • Lot Description: Corner
  • Parcel Identification Number: 04084130010000

Tax Info

  • Taxes: 13015.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Dec 10, 2020
Sold by
Choe Kwang Mo and Choe Hee Jung
Bought by
Pan Longping
Seller's Agent
Caroline Gau
Real Broker LLC
Buyer's Agent
Chunlei Yang
Same Height International LLC
List Price
$575,000
Sold Price
$475,000
Premium/Discount to List
-$100,000
-17.39%
Current Estimated Value
$793,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,213
Avg. Annual Appreciation
9.37%
Original Mortgage
$275,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1999
Sold by
Kaufmann Joel S and Kaufmann Sue S
Bought by
Choe Kwang Mo and Choe Hee Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.5%
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
Pan Longping $475,000 Baird & Warner Ttl Svcs Inc
Choe Kwang Mo $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pan Longping $275,000
Previous Owner Choe Kwang Mo $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $475,000 -8.7% $164 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/30/2020 10/30/20 Price Changed $520,000 -2.8% $180 / Sq Ft
09/25/2020 09/25/20 Price Changed $535,000 +0.9% $185 / Sq Ft
09/25/2020 09/25/20 Price Changed $530,000 -3.6% $183 / Sq Ft
08/28/2020 08/28/20 Price Changed $550,000 -4.3% $190 / Sq Ft
08/15/2020 08/15/20 For Sale $575,000 -- $199 / 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 $13,222 $60,001 $17,699 $42,302
2023 $12,747 $60,001 $17,699 $42,302
2022 $12,747 $60,001 $17,699 $42,302
2021 $12,025 $47,500 $15,338 $32,162
2020 $11,073 $47,500 $15,338 $32,162
2019 $13,016 $62,168 $15,338 $46,830
2018 $12,775 $56,440 $13,568 $42,872
2017 $12,431 $56,440 $13,568 $42,872
2016 $11,851 $56,440 $13,568 $42,872
2015 $10,402 $45,237 $11,209 $34,028
2014 $10,985 $48,687 $11,209 $37,478
2013 $10,661 $48,687 $11,209 $37,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10796183

Midwest Real Estate Data (MRED)

APN: 04-08-413-001-0000