NOT LISTED FOR SALE

Estimated Value: $412,000 - $585,000

4 Beds
3 Baths
2,270 Sq Ft
$224/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $410,000 $181 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,614/month

3 Days on Market

Highlights

  • Docks
  • Spa
  • Hearth Room
  • Central High School Rated A
  • Waterfront
  • Multiple Fireplaces

About This Home

As of November 2020

With one of the best lake views in Cherry Hills, this 4-bedroom Drake Homes custom-built home is sure to please! All brick exterior with side load garage, archway front entrance, and fresh landscape presents a pristine curb appeal among the subdivision. Greeted through the foyer into the living room with raised ceilings, stone front double-sided gas log fireplace, and an open staircase to the basement. Formal dining room accented with crown molding and ceiling highlight, arched window, and butler pantry. The kitchen is carefully designed for entertaining family and friends with the open concept, extended peninsula cabinets and countertops, breakfast nook for table/chairs, and an extra hearth sitting area. Perhaps one of the most outstanding rooms is the sunroom that offers endless views over the lake with an added sunset touch! The master suite includes a bonus sitting area ideal for a small desk or reading hideout. Additionally, the master bathroom offers double-sink vanity, walk-in closet, whirlpool tub, and separate shower. Two more bedrooms complete the main level of the home. Venture downstairs to the full finished basement, that comes with a theater system, leather furniture, and 92" flat-screen HDTV. The wet bar area is convenient for making popcorn and tasty beverages. The study offers built-in bookcases and a brick front gas log fireplace. The custom decor exercise room comes with a treadmill, weight bench, and TV. Plenty of additional unfinished storage, that includes an exterior staircase to the garage. The finished 3-car garage is large enough to accommodate 4 cars and includes an extra 13' x 9' workshop with an overhead door and epoxy seal custom floors. Relish in the afternoon sun on the oversized patio that includes a natural gas hard-lined double grill, fire pit, and HOT TUB! Step down towards the lake of nearly 100' of waterfront onto the recently rebuilt dock reinforced with steel beams, and enjoy fishing for bass and bluegill in the stocked Mirror Lake. New roof and gutter system installed in 2020 by Bash Pepper Roofing Company. Nuvo whole-home audio system runs throughout the entire home! Call today to set up your private showing, and call this exquisite slice of paradise your NEW HOME!

Last Agent to Sell the Property

John Frerichs

KELLER WILLIAMS-TREC License #475158212 Listed on: 09/15/2020

KELLER WILLIAMS-TREC

Last Buyer's Agent

Lisa Duncan

KELLER WILLIAMS-TREC License #475142322

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,711

Year Built

  • 2002

Lot Details

  • Waterfront
  • East or West Exposure

HOA Fees

  • $25 per month

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wet Bar
  • Built-In Features
  • Bookcases
  • Ceiling height of 10 feet or more
  • Skylights
  • Multiple Fireplaces
  • See Through Fireplace
  • Gas Log Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Utility Room with Study Area
  • Home Gym
  • Wood Flooring
  • Water Views

Kitchen

  • Hearth Room
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Spa
  • Docks
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Rights

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $550 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,711

Year Built

2002

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: Interstate Access
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 2270
  • Unfinished Basement Sq Ft: 689
  • Style Of House: Traditional
  • Type Detached: 1 Story
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner, Senior
  • Total Sq Ft: 4564
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, 10' Ceiling, Separate Dining Room
  • Number Of Rooms: 12
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Oven/Built-in
  • Fireplace Details: See through/Multi Sided, Gas Logs, More than one
  • Fireplace Location: Living Room, Den/Library
  • Basement: Full
  • Basement: Finished, Exterior Access, Egress Window, Rec/Family Area, Storage Space
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 13X13, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Custom Cabinetry, Granite Counters, Hearth Room
  • Additional Rooms: Breakfast Room, Study, Exercise Room, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 11X9, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Study, Dimensions: 24X12, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Exercise Rm, Dimensions: 12X10, On Level: Basement, Flooring: Other
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 4 Name: Sun/Florida Room Heated, Dimensions: 18X9, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 13X10, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 2270
  • Estimated Total Finished Sq Ft: 3875
  • Basement Sq Ft: 2294
  • Basement Finished Sq Ft: 1605
  • Main Level Sq Ft: 2270
  • Dining Room Type: Separate
  • Family Room: Dimensions: 24X18, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Patio, Hot Tub, Outdoor Grill
  • Exposure: E (East)

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Water
  • Assessment Association Fees: 300

Schools

  • School District: 4
  • Elementary School: Champaign Elementary School
  • Middle School: Champaign/Middle Call Unit 4 351
  • High School: Central High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 99 X 124 X 97 X 145
  • Lot Description: Water Rights, Water View, Dock, Sidewalks, Waterfront Lot
  • Parcel Identification Number: 462027329014
  • Zero Lot Line: No

Tax Info

  • Taxes: 9265.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 29, 2020
Sold by
Hussey Frank S and Hussey Frankl S
Bought by
Smith Michael A and Smith Patricia J
Seller's Agent
John Frerichs
KELLER WILLIAMS-TREC
Buyer's Agent
Lisa Duncan
KELLER WILLIAMS-TREC
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Total Days on Market
3
Current Estimated Value
$507,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,976
Avg. Annual Appreciation
4.28%
Original Mortgage
$32,800,000
Outstanding Balance
$29,452,470
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$28,955,990

Purchase Details

Closed on
Jan 28, 2013
Sold by
Hussey Frank S
Bought by
Hussey Frank S and The Frank S Hussey Iii

Purchase Details

Closed on
Feb 7, 2012
Sold by
Hussey Frank S
Bought by
Hussey Frank S and Hussey Elizabeth Jane

Purchase Details

Closed on
Jan 26, 2004
Sold by
Hussey Frank S and Hussey Elizabeth Jane
Bought by
Hussey Frank S and Frank S Hussey Iii Self Declaration Of T
Source: Public Records

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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
Smith Michael A $410,000 Attorney
Hussey Frank S -- None Available
Hussey Frank S -- None Available
Hussey Frank S -- --
Hussey Elizabeth Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael A $32,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $410,000 -3.5% $181 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $425,000 -- $187 / 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 $10,711 $142,490 $34,330 $108,160
2023 $10,711 $129,780 $31,270 $98,510
2022 $10,458 $119,730 $28,850 $90,880
2021 $10,196 $117,380 $28,280 $89,100
2020 $9,594 $115,640 $27,860 $87,780
2019 $9,265 $113,260 $27,290 $85,970
2018 $9,492 $111,480 $26,860 $84,620
2017 $9,247 $108,330 $26,100 $82,230
2016 $8,280 $106,100 $25,560 $80,540
2015 $8,335 $104,230 $25,110 $79,120
2014 $8,264 $104,230 $25,110 $79,120
2013 $8,189 $104,230 $25,110 $79,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10830187

Midwest Real Estate Data (MRED)

APN: 46-20-27-329-014