NOT LISTED FOR SALE

32W651 Oak Lawn Farm Rd Wayne, IL 60184

Estimated Value: $758,000 - $777,000

5 Beds
4 Baths
4,000 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $500,000 $125 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,248/month

65 Days on Market

Highlights

  • Water Views
  • Horses Allowed On Property
  • Landscaped Professionally
  • Wayne Elementary School Rated 9+
  • Second Kitchen
  • Mature Trees

About This Home

As of August 2020

Looking for a little privacy but not willing to go too far out. Or perhaps you are looking to downsize from a larger property but still looking for room to relax. Then this is the property for you. This ranch home on 2.25 acres has a finished walk out basement and all your wants and needs in horse friendly Wayne. The taxes have just been reduced and are under $10K. This home features 5 total bedroom with 3.5 baths. Three bedrooms on the main level and two bedrooms in the walk out basement. Natural light throughout the open floor plan with great views of the property. The main level with tray ceilings has a mix of hardwood and carpet. The large open kitchen with eat in space features plenty of cabinet space, granite counters and an island for prep work. The breakfast area has incredible views of the back property and deck. This is a great place to enjoy those summer days. Master bedroom has an en-suite bath with his and hers granite counters and jacuzzi tub and separate shower. Separate living room just off the foyer with lovely views of the back of the property. The family room features a beautiful gas start wood burning fireplace for those wintery days and nights. The custom windows on either side provide additional natural light and compliment the natural brick fireplace. The walkout basement is set up with a full kitchenette, updated full bath and additional bedrooms. The patio has stamped concrete with a natural color for those summer barbecues. Professionally landscaped. New roof, windows and HVAC in 2014. Horses welcome and the Wayne annual hunt rides past the property in the fall. Property also includes a dog run and shed for additional storage. The owner has found many morels on the property and has landed some nice largemouth bass in the pond. Close to all major highways and Metra. Enjoy the Fox Valley in your own private oasis. "AGENTS AND/OR PROSPECTIVE BUYERS EXPOSED TO COVID 19 OR WITH A COUGH OR FEVER ARE NOT TO ENTER THE HOME UNTIL THEY RECEIVE MEDICAL CLEARANCE."

Last Agent to Sell the Property

Valerie Walker

Keller Williams Inspire - Geneva License #475122292 Listed on: 05/03/2020

Keller Williams Inspire - Geneva

Co-Listed By

Paul Tomaszewski

Keller Williams Inspire - Geneva License #475138156

Last Buyer's Agent

Kevin Forkin

RE/MAX Suburban License #471001253

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,740

Year Built

  • 1992

Lot Details

  • Property is adjacent to nature preserve
  • Landscaped Professionally
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $33 per month

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Stove
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Entrance Foyer
  • Breakfast Room
  • Recreation Room
  • Wood Flooring
  • Water Views
  • Storm Screens

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Pond
  • Deck

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $4,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,740

Year Built

1992

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 26-30 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1992
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 12
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Water-Softener Owned, TV-Cable, Security System, CO Detectors, Fan-Whole House, Sump Pump
  • Fireplace Details: Wood Burning Stove, Attached Fireplace Doors/Screen, Gas Logs, Gas Starter
  • Attic: Pull Down Stair, Unfinished
  • Fireplace Location: Family Room, Basement
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 19X11, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler
  • Additional Rooms: 5th Bedroom, Recreation Room, Breakfast Room, Foyer, 2nd Kitchen
  • Master Bedroom: Dimensions: 16X15, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X10, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 44X29, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Breakfast Rm, Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Foyer, Dimensions: 12X7, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 17X15, On Level: Basement, Flooring: Carpet
  • Additional Room 5 Name: 2nd Kitchen, Dimensions: 12X4, On Level: Basement, Flooring: Parquet
  • Estimated Sq Ft: 4000
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X15, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: 2.0-2.99 Acres
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Acreage: 2.2553

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Includes: Snow Removal
  • Assessment Association Fees: 33
  • Management Phone: 000-000-0000

Schools

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

Lot Info

  • Lot Dimensions: 201X492X201X489
  • Lot Description: Nature Preserve Adjacent, Horses Allowed, Landscaped Professionally, Pond, Water View, Wooded, Mature Trees
  • Parcel Identification Number: 0118102012

Tax Info

  • Taxes: 9785.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2020
Closed on
Aug 10, 2020
Sold by
Shuey William L and Shuey Patricia M
Bought by
Martin Scott A and Martin Kaleen B
Seller's Agent
Valerie Walker
Keller Williams Inspire - Geneva
Buyer's Agent
Kevin Forkin
RE/MAX Suburban
List Price
$512,000
Sold Price
$500,000
Premium/Discount to List
-$12,000
-2.34%
Current Estimated Value
$763,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,774
Avg. Annual Appreciation
8.09%
Original Mortgage
$400,000
Outstanding Balance
$355,779
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$384,762
Source: Public Records

Range of Values:

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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
Martin Scott A $500,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Scott A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $500,000 -2.3% $125 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $512,000 -- $128 / 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 $12,740 $187,164 $61,811 $125,353
2023 $11,708 $169,810 $56,080 $113,730
2022 $11,347 $153,580 $52,120 $101,460
2021 $10,806 $145,800 $49,480 $96,320
2020 $9,927 $138,620 $51,060 $87,560
2019 $9,786 $133,680 $49,240 $84,440
2018 $10,721 $142,140 $52,360 $89,780
2017 $10,472 $136,470 $50,270 $86,200
2016 $10,242 $130,360 $48,020 $82,340
2015 $10,307 $123,400 $45,460 $77,940
2014 $10,603 $127,730 $55,390 $72,340
2013 $12,828 $130,790 $56,720 $74,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10704465

Midwest Real Estate Data (MRED)

APN: 01-18-102-012