NOT LISTED FOR SALE

305 Valley Way Burlington, IL 60109

Estimated Value: $538,000 - $584,000

4 Beds
4 Baths
2,966 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $324,000 $109 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,136/month

67 Days on Market

Highlights

  • Water Views
  • Landscaped Professionally
  • Traditional Architecture
  • Howard B. Thomas Grade School Rated 9+
  • Wooded Lot
  • Wood Flooring

About This Home

As of July 2014

CUSTOM HOME BY LIGHTHOUSE BUILDERS ON PREMIUM .74 ACRE LOT!*FORMAL LIV & DIN RMS W/BAY WNDW*LRG KIT W/SS APPLS, GRAN TOPS, CHERRY CABS, BRKFST BAR & EATING AREA*FAM RM W/FLR TO CEIL GAS FP W/MANTLE & HRDWD FLRS*MUD RM W/BUILT-IN CUBBIES & HOOKS*MSTR STE W/DBL CLOSET & LUX BTH W/OVERSIZED SHOWER*BED 2&3 W/JACK-N-JILL BTH*BED 4 W/FULL PRIV BTH*FULL BSMT*CONCRETE PATIO, YARD BACKS TO TREELINE*FRONT PORCH W/POND VIEW*

Last Agent to Sell the Property

Tim Binning

RE/MAX All Pro License #471006235 Listed on: 04/08/2014

RE/MAX All Pro

Last Buyer's Agent

Christine Kohlhagen

HomeSmart Connect LLC License #475127589

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,005

Year Built

  • 2005

Lot Details

  • Landscaped Professionally
  • Wooded Lot

Parking

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

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Fireplace With Gas Starter
  • Entrance Foyer
  • Breakfast Room
  • Home Office
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,005

Year Built

2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 6-10 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 15X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 16X06, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 26X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Breakfast Room, Foyer, Office
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Foyer, Dimensions: 11X07, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: Breakfast Rm, Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 5 Name: Office, Dimensions: 07X07, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 2966
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X18, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch, Storms/Screens
  • Acreage: 0.74

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 301
  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 106X306X106X301
  • Lot Description: Landscaped Professionally, Water View, Wooded, Rear of Lot
  • Parcel Identification Number: 0409278003

Tax Info

  • Taxes: 9706.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
Jul 15, 2014
Sold by
Fugiel Warren and Binning Rotondi Tania
Bought by
Mcknight Eric and Mcknight Kristina
Seller's Agent
Tim Binning
RE/MAX All Pro
Buyer's Agent
Christine Kohlhagen
HomeSmart Connect LLC
List Price
$340,000
Sold Price
$324,000
Premium/Discount to List
-$16,000
-4.71%
Current Estimated Value
$564,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,484
Avg. Annual Appreciation
5.07%
Original Mortgage
$330,966
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Closed on
Apr 24, 2009
Sold by
Payne Kent and Payne Sherry
Bought by
Fugiel Warren and Binning Tania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,905
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2005
Sold by
Lighthouse Builders Inc
Bought by
Payne Kent and Payne Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,636
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
R & D Olson Lp
Bought by
Lighthouse Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.75%
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
Mcknight Eric $324,000 Fox Title Company
Fugiel Warren $335,000 Chicago Title Insurance Co
Payne Kent $435,000 Chicago Title Insurance Co
Lighthouse Builders Inc $95,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcknight Eric $291,890
Closed Mcknight Eric $330,966
Previous Owner Fugiel Warren $168,905
Previous Owner Payne Kent $76,000
Previous Owner Payne Kent $347,636
Previous Owner Payne Kent $43,454
Previous Owner Lighthouse Builders Inc $340,000
Previous Owner Lighthouse Builders Inc $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2014 07/17/14 Sold $324,000 -4.7% $109 / Sq Ft
06/14/2014 06/14/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $340,000 -- $115 / 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 $13,005 $156,643 $27,188 $129,455
2023 $12,665 $144,000 $24,994 $119,006
2022 $12,020 $131,856 $22,886 $108,970
2021 $11,490 $123,345 $21,409 $101,936
2020 $11,233 $118,715 $20,605 $98,110
2019 $10,987 $114,756 $19,918 $94,838
2018 $10,474 $108,732 $18,872 $89,860
2017 $10,139 $103,801 $18,016 $85,785
2016 $10,162 $97,667 $16,951 $80,716
2015 -- $87,337 $16,488 $70,849
2014 -- $89,042 $18,974 $70,068
2013 -- $97,279 $22,500 $74,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08579555

Midwest Real Estate Data (MRED)

APN: 04-09-278-003