NOT LISTED FOR SALE

295 Valley Way Burlington, IL 60109

Estimated Value: $493,000 - $517,000

4 Beds
3 Baths
3,500 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $435,000 $124 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,727/month

36 Days on Market

Highlights

  • Community Lake
  • Pond
  • Traditional Architecture
  • Howard B. Thomas Grade School Rated 9+
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of May 2023

301 school district!!! Start living the life of your dreams in this fabulous home on the hill over looking the water and park with gazebo. The perfect place to raise your family with phenomenal schools, and accessibility to entertainment, shopping and dining. This stunning 4 bedroom 3 bath house with so much space inside and outside is located in the heart of the quaint city of Burlington! Enjoy your morning cup of coffee from the large front porch with views of the pond. Even better, unwind after a long day of work in this serene and private setting. Enjoy the peace of mind knowing most of your big ticket items have been recently replaced. Easy to see the wow curb appeal and even better to enjoy it!! Step through the front door of this custom built home to find beautiful trim work, a tiled entry and beautiful hardwood floors throughout the rest of the first floor! Hard to find first floor bedroom with a large closet, ceiling fan and double doors. This room could be used as a first floor office! There is a full bath across the foyer from this room. The great room is light and bright with large windows, lots of space for oversized furniture and has a beautiful brick fireplace - the perfect place to get cozy on winter days or nights! The open flow of the floor plan works so nicely as the great room flows into the huge kitchen - sure to delight any chef! Large breakfast bar, stainless steel appliances, double oven, corian countertops and enough room for a large country kitchen table with lots of seating. There is an additional sink for food preparation. Garden doors lead to a concrete patio and large back yard. The dining room (currently being used as a music room) has a tray ceiling with wood trim. A first floor laundry finishes out the first floor level. An expansive bonus/family room is mid level with lots of windows and a knook for a desk or library. This multipurpose room has so many possibilities. Ready for your creative side. The upper level has a large master bedroom with enough space for seating. There is also an area that could be used as a dressing area, vanity area or for a desk as it is used now. Huge closet with room for everything. The ensuite is spacious with jetted tub, separate shower and double vanity. Light and bright with large windows. A very nice space. Also on this level there are two additional generous sized bedrooms and a full bath. This house also has a full unfinished English deep pour basement with a bathroom rough-in for even more living space! The three car attached garage has garage door openers and large windows. The driveway is concrete. The large and private concrete patio offers views of the open backyard with mature trees. NEW Air Conditioner (2020) NEW Roof (2020) NEW Water Softener (2023) This home has so much to offer, don't let it pass you by! Great area for those who like to enjoy the outdoors and extra activities in a quiet location.

Last Agent to Sell the Property

Pamela Raver

eXp Realty - Geneva License #475106286 Listed on: 02/24/2023

eXp Realty - Geneva

Last Buyer's Agent

Pamela Raver

eXp Realty - Geneva License #475106286 Listed on: 02/24/2023

eXp Realty - Geneva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,331

Year Built

  • Built in 2004

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 116x302x114x286

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,500 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sitting Room
  • Formal Dining Room
  • Unfinished Attic

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Outdoor Features

  • Pond
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Mechanical Septic System

Community Details

  • Burlington Meadows Subdivision
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,331

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Subdivision Name: Burlington Meadows
  • Year Built: 2004
  • Age: 16-20 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, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry
  • LivingArea: 3500
  • Room Type: Eating Area, Foyer, Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Bathroom Rough-In
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 1529
  • Fireplace Location: Living Room,Other
  • Total Sq Ft: 1529
  • Unfinished Basement Sq Ft: 1529
  • Attic: Unfinished
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 450000
  • Lot Features: Pond(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 301

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.7759
  • Lot Dimensions: 116X302X114X286
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 10330.54
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
May 16, 2023
Sold by
Martin Lara
Bought by
Wheeler Sean Timothy and Wheeler Kylie
Seller's Agent
Pamela Raver
eXp Realty - Geneva
Buyer's Agent
Pamela Raver
eXp Realty - Geneva
List Price
$489,900
Sold Price
$435,000
Premium/Discount to List
-$54,900
-11.21%
Views
57
Current Estimated Value
$502,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,806
Avg. Annual Appreciation
6.95%
Original Mortgage
$348,000
Outstanding Balance
$339,047
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$166,594

Purchase Details

Closed on
Sep 10, 2022
Sold by
Martin Brian S
Bought by
Martin Lara

Purchase Details

Closed on
Nov 28, 2014
Sold by
Ochs Nicholas P and Schrey Carol C
Bought by
Martin Lara and Martin Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
Cheatham Mark and Cheatham Cynthia
Bought by
Ochs Nicholas P and Schrey Carol C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
R & D Olson Lp
Bought by
Cheatham Mark and Cheatham Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Wheeler Sean Timothy $435,000 None Listed On Document
Martin Lara -- --
Martin Lara $285,000 Stewart Title
Ochs Nicholas P $325,000 Ticor Title Insurance Co
Cheatham Mark $91,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Sean Timothy $348,000
Previous Owner Martin Lara $350,000
Previous Owner Martin Lara $228,000
Previous Owner Ochs Nicholas P $254,400
Previous Owner Ochs Nicholas P $260,000
Previous Owner Ochs Nicholas P $32,500
Previous Owner Cheatham Mark $320,000
Previous Owner Cheatham Mark $320,000
Previous Owner Cheatham Mark $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $435,000 -3.3% $124 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
03/16/2023 03/16/23 Price Changed $450,000 -5.3% $129 / Sq Ft
03/09/2023 03/09/23 Price Changed $475,000 -3.0% $136 / Sq Ft
02/24/2023 02/24/23 For Sale $489,900 +71.9% $140 / Sq Ft
04/03/2015 04/03/15 Sold $285,000 -5.0% $81 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $299,900 -- $86 / 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 $11,689 $141,600 $27,188 $114,412
2023 $11,377 $130,171 $24,994 $105,177
2022 $10,810 $119,193 $22,886 $96,307
2021 $10,331 $111,500 $21,409 $90,091
2020 $10,097 $107,314 $20,605 $86,709
2019 $9,874 $103,735 $19,918 $83,817
2018 $9,409 $98,289 $18,872 $79,417
2017 $9,106 $93,832 $18,016 $75,816
2016 $9,122 $88,287 $16,951 $71,336
2015 -- $85,874 $16,488 $69,386
2014 -- $84,224 $18,974 $65,250
2013 -- $89,711 $22,500 $67,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11725036

Midwest Real Estate Data (MRED)

APN: 04-09-278-004