NOT LISTED FOR SALE

31W709 Peterson Dr Wayne, IL 60184

Estimated Value: $722,264 - $883,000

4 Beds
4.5 Baths
4,122 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $605,000 $147 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,396/month

2 Days on Market

Highlights

  • Open Floorplan
  • Landscaped Professionally
  • Wooded Lot
  • Wayne Elementary School Rated 9+
  • Family Room with Fireplace
  • Double Shower

About This Home

As of May 2022

Custom-Built 4,122 square foot remodeled sprawling ranch home with Hi-End Interior Finishes, contains an open floor plan, 9ft ceilings, huge living, family & formal dining rooms with 3 fireplaces. Highlights include newer tear-off Roof, 3 Zoned Hi-Efficiency HVAC units and newer Anderson Windows with Cedar Siding. Chefs kitchen contains Poggenpohl Cabinets, Viking Range Top, 2 wall ovens, Sub-Zero Refrigerators and 2 Bosch Dishwashers. Butler pantry includes a 2nd Sub-Zero Refrigerator and custom built-ins. You'll find an amazing Primary Suite with a Spa-Like Bathroom that includes dual walk-in showers and a huge walk-in closet that contains California Closet organizers. Laundry room located on the 1st floor just off of the primary sweet. Desirable split floor-plan provides three additional bedrooms and two full baths, one en-suite. Wonderfully maintained property with multiple stamped concrete patios. Basement provides an opportunity to finish and have more living space or keep it as a great storage area. Home has several Skylights, Wood Plantation Shutters, Oversized Base & Crown moldings, Built-In Cabinets and New Paint provide awesome designer touches. Whole House Generator (Caterpillar 55K), Large Outdoor Shed, Sealed Driveway (2021), well pump (2018), water softener (2017) and 18' Garage Door (2017). One level living at its finest! Multiple offers received. Highest and best due by Sunday, April 10 at 5pm.

Last Agent to Sell the Property

Bob McCorry

@properties Christie's International Real Estate Listed on: 04/08/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Matt Kombrink

One Source Realty License #471007391

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,519

Year Built

  • Built in 1971 | Remodeled in 2016

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 169x198x202x132x33x66
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,122 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Plantation Shutters
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Double Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Stamped Concrete Patio
  • Shed

Schools

  • Wayne Elementary School
  • Kenyon Woods Middle School
  • South Elgin High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Power Generator
  • Well
  • Water Purifier
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Custom

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,519

Year Built

Built in 1971 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood, Water Purifier, Water Softener, Gas Cooktop, Gas Oven
  • Basement: Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 9 Foot, Ceilings - 9 Foot, Beamed Ceilings, Open Floorplan, Special Millwork
  • LivingArea: 4122
  • Other Equipment: Humidifier, Water-Softener Owned, TV-Cable, Security System, CO Detectors, Sump Pump, Generator
  • Room Type: Eating Area, Breakfast Room, Mud Room, Foyer, Pantry, Walk In Closet, Other Room
  • Estimated Total Finished Sq Ft: 4122
  • Basement Description: Unfinished
  • Bathroom Amenities: Double Sink,Double Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 4122
  • Fireplace Location: Family Room,Living Room,Other
  • Total Sq Ft: 4122
  • Upper Level Sq Ft: 4122
  • Attic: Unfinished
  • Door Features: French Doors
  • Window Features: Plantation Shutters
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Patio, Stamped Concrete Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 550000
  • Lot Features: Irregular Lot, Landscaped, Wooded
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Frame

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls, Zoned
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Private Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Wayne Elementary School
  • High School: South Elgin High School
  • Middle/Junior School: Kenyon Woods Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.8722
  • Lot Dimensions: 169X198X202X132X33X66
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11518.56
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Apr 29, 2022
Sold by
Smith Iii Gary R
Bought by
Ford Nathan D and Romano Isabella A
Seller's Agent
Bob McCorry
@properties Christie's International Real Estate
Buyer's Agent
Matt Kombrink
One Source Realty
List Price
$550,000
Sold Price
$605,000
Premium/Discount to List
$55,000
10%
Current Estimated Value
$791,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,816
Avg. Annual Appreciation
5.48%
Original Mortgage
$484,000
Outstanding Balance
$460,448
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$261,073

Purchase Details

Closed on
Sep 21, 2017
Sold by
Stone Cheryl J and The John Mcwilliams Stone Jr 1
Bought by
Smith Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2010
Sold by
Stone Cheryl J and John Mcwilliams Stone Jr 1997
Bought by
Stone Cheryl J and The John Mcwilliams Stone Jr 1997 Trust

Purchase Details

Closed on
Aug 6, 2008
Sold by
Stone John Mcwilliams and Stone Cheryl J
Bought by
Stone John Mcwilliams and John Mcwilliams Stone Jr 1997 Trust
Source: Public Records

Range of Values:

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Average Value
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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
Ford Nathan D $605,000 Proper Title
Smith Gary R $430,000 Chicago Title Insurance Comp
Stone Cheryl J -- None Available
Stone John Mcwilliams -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Nathan D $484,000
Previous Owner Smith Gary R $95,000
Previous Owner Smith Gary R $338,000
Previous Owner Smith Gary R $40,000
Previous Owner Smith Gary R $365,500
Previous Owner Stone J Mcwilliams $313,000
Previous Owner Stone John M $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $605,000 +10.0% $147 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $550,000 -- $133 / 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 $14,330 $209,385 $40,704 $168,681
2023 $13,165 $189,970 $36,930 $153,040
2022 $12,403 $168,670 $34,320 $134,350
2021 $11,808 $160,120 $32,580 $127,540
2020 $11,519 $155,320 $31,600 $123,720
2019 $11,371 $149,780 $30,470 $119,310
2018 $11,630 $143,330 $32,400 $110,930
2017 $11,673 $140,930 $31,110 $109,820
2016 $10,526 $134,620 $29,720 $104,900
2015 $10,595 $127,430 $28,130 $99,300
2014 $9,126 $116,620 $28,750 $87,870
2013 $11,070 $119,420 $29,440 $89,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11370206

Midwest Real Estate Data (MRED)

APN: 01-17-308-001