NOT LISTED FOR SALE

3308 Monterey Ln Wadsworth, IL 60083

Estimated Value: $511,663 - $546,000

4 Beds
3 Baths
3,558 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $450,000 $126 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,124/month

Highlights

  • Waterfront
  • Open Floorplan
  • Pond
  • Warren Township High School Rated A
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of March 2024

Welcome to this stunning home located in the highly sought-after subdivision of Midlane Club in Wadsworth. This captivating residence offers an abundance of desirable features that are sure to impress any discerning buyer. Upon entering, you will be greeted by a large 2-story foyer and an open living room, dining room. The spacious and inviting kitchen, which seamlessly opens up to the family room, creating the perfect space for both relaxation and entertaining. The large eating area boasts sliders that lead out to a patio and fenced-in yard, providing a lovely outdoor oasis for enjoying the beautiful surroundings. Equipped with granite countertops, ample cabinets, lots of counter space and a center island, the chef's kitchen is a culinary enthusiast's dream. The 1st floor also presents a convenient full bathroom, offering added convenience and flexibility. One of the highlights of this home is the magnificent 2-story family room with electronic blinds, complete with a cozy fireplace and an abundance of natural light that floods the space. The exquisite wood floors throughout most of the 1st level add warmth and elegance to every room. This exceptional property features a versatile office that can easily be transformed into a 5th bedroom, accommodating the needs of any homeowner. With its impeccable pond and golf views, the Midlane Club subdivision offers a picturesque backdrop that will surely enchant you. Don't miss this incredible opportunity to call this remarkable property your own in time for the summer to enjoy the lovely community pool. Newer furnaces, A/C, sump pump with battery back-up. This tucked away location is not far from restaurants, shopping and highway.

Last Agent to Sell the Property

Kathy Regel

Baird & Warner License #475131077 Listed on: 02/24/2024

Baird & Warner

Last Buyer's Agent

Sue, Ron & David Pickard

RE/MAX Suburban License #475126811

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,179

Year Built

  • Built in 2007

Lot Details

  • 10,829 Sq Ft Lot
  • Lot Dimensions are 74x131x79x156
  • Waterfront
  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $36 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 3,558 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Pond
  • Patio

Schools

  • Warren Township High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Association fees include pool
  • Midlane Club Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,179

Year Built

Built in 2007

Lot Details

0

HOA Fees

$36 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Midlane Club
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Built-In Oven, Wall Oven
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, Second Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Ceilings - 9 Foot, Open Floorplan, Some Carpeting, Some Wood Floors
  • LivingArea: 3558
  • Other Equipment: Humidifier, CO Detectors, Sump Pump, Water Heater-Gas
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 450000
  • Lot Features: Fenced Yard, Landscaped, Pond(s), Sidewalks
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 430
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Pool

Schools

  • High School: Warren Township High School
  • Middle/Junior School District: 56

Lot Info

  • Lot Size Acres: 0.2486
  • Lot Dimensions: 74X131X79X156
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 14179.38
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Mar 19, 2024
Sold by
Wilson Valencia
Bought by
Prevatt David E and Demers Michael
Seller's Agent
Kathy Regel
Baird & Warner
Buyer's Agent
Sue, Ron & David Pickard
RE/MAX Suburban
List Price
$450,000
Sold Price
$450,000
Views
377
Current Estimated Value
$527,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,416
Avg. Annual Appreciation
10.93%
Original Mortgage
$360,000
Outstanding Balance
$354,677
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$172,739

Purchase Details

Listed on
Nov 21, 2017
Closed on
Jan 31, 2018
Sold by
Galvan Marco A
Bought by
Wilson Valencia
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Gwendolyn Broughton
Freedom Realty
List Price
$339,900
Sold Price
$322,500
Premium/Discount to List
-$17,400
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$312,825
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2017
Sold by
Galvan Maria G
Bought by
Galvan Marco A

Purchase Details

Listed on
Oct 27, 2014
Closed on
Feb 27, 2015
Sold by
Scherston Real Estate Invesments Llc
Bought by
Galvan Marco and Galvan Maria
Seller's Agent
Basel Tarabein
RE/MAX At Home
Buyer's Agent
Jane Lee
RE/MAX Top Performers
List Price
$339,900
Sold Price
$305,000
Premium/Discount to List
-$34,900
-10.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$228,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2014
Sold by
Jlh Midland Club
Bought by
Scherston Real Estate Investments Llc
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
Prevatt David E $450,000 First American Title Insurance
Wilson Valencia $322,500 Fidelity National Title
Galvan Marco A -- None Available
Galvan Marco $305,000 None Available
Scherston Real Estate Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prevatt David E $360,000
Previous Owner Wilson Valencia $312,825
Previous Owner Galvan Marco $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $450,000 0.0% $126 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $450,000 +39.5% $126 / Sq Ft
01/31/2018 01/31/18 Sold $322,500 -5.1% $91 / Sq Ft View Prior Sale
12/12/2017 12/12/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $339,900 +11.4% $96 / Sq Ft
02/27/2015 02/27/15 Sold $305,000 -10.3% $86 / Sq Ft View Prior Sale
01/15/2015 01/15/15 Pending -- -- --
10/27/2014 10/27/14 For Sale $339,900 -- $96 / 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 $15,360 $139,792 $18,609 $121,183
2023 $14,179 $129,786 $17,277 $112,509
2022 $14,179 $119,576 $19,325 $100,251
2021 $13,250 $114,779 $18,550 $96,229
2020 $13,052 $111,958 $18,094 $93,864
2019 $12,916 $108,708 $17,569 $91,139
2018 $14,113 $107,489 $28,870 $78,619
2017 $15,103 $120,990 $28,043 $92,947
2016 $14,703 $115,603 $26,794 $88,809
2015 $14,689 $109,639 $25,412 $84,227
2014 $3,392 $100,558 $25,068 $75,490
2012 $3,145 $114,030 $25,143 $88,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11981230

Midwest Real Estate Data (MRED)

APN: 07-02-205-001