NOT LISTED FOR SALE

37132 N Black Velvet Ln Wadsworth, IL 60083

Estimated Value: $750,000 - $1,123,000

5 Beds
5.5 Baths
5,465 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $625,000 $114 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,851/month

Highlights

  • 2.42 Acre Lot
  • Traditional Architecture
  • 3 Fireplaces
  • Woodland Elementary School Rated A-
  • Loft
  • Home Office

About This Home

As of August 2022

A 5,465 Sq. ft home among towering Oaks Trees. A fabulous updated kitchen with beautiful cabinets, Wolf appliances, and hard wood floors. The Kitchen is open to a spacious family room. An Additional Game Room on the 1st floor with built in bar that overlooks the enclosed indoor swimming pool room. A finished nanny or in law studio with 5th bedroom. This spacious home is just waiting for your finishing ideas and improvements.

Last Agent to Sell the Property

Carolyn Diesi

Baird & Warner License #475135129 Listed on: 07/01/2022

Baird & Warner

Last Buyer's Agent

Prentiss Grant

RE/MAX Plaza License #475176169

RE/MAX Plaza

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,866

Year Built

  • Built in 1989

Lot Details

  • 2.42 Acre Lot
  • Lot Dimensions are 403.1x228.8x271.3x462.7

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,465 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Family Room
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Game Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Outdoor Features

  • Patio

Schools

  • Warren Township High School

Utilities

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

Community Details

  • Association fees include insurance, security
  • Huntclubfarms.Org Association, Phone Number (847) 415-2540
  • Custom
  • Property managed by Premier Management

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,866

Year Built

Built in 1989

Lot Details

0

HOA Fees

$113 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplaces: 3
  • LivingArea: 5465
  • Room Type: Bedroom 5, Loft, Sitting Room, Other Room, Office, Game Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 630000
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 1350
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Premier Management
  • Management Contact Name: huntclubfarms.org
  • Management Phone: 847-415-2540
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Insurance, Security

Schools

  • High School: Warren Township High School
  • Middle/Junior School District: 50

Lot Info

  • Lot Size Acres: 2.4236
  • Lot Dimensions: 403.1X228.8X271.3X462.7
  • Rural (Y/N): N
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 21865.9
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Robert P Bless Revocable Trust
Bought by
Robert P Bless Revocable Trust and Amy Tm Ho Bless Revocable Trust
Current Estimated Value
$882,017

Purchase Details

Closed on
Dec 29, 2022
Sold by
Bless Capital Llc
Bought by
Robert P Bless Revocable Trust and Amy Tm Ho Bless Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 14, 2022
Sold by
Kieffer Steven D and Kieffer Kathy J
Bought by
Bless Capital Llc
Seller's Agent
Carolyn Diesi
Baird & Warner
Buyer's Agent
Prentiss Grant
RE/MAX Plaza
List Price
$630,000
Sold Price
$625,000
Premium/Discount to List
-$5,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Oct 25, 2005
Sold by
Riedel Daniel
Bought by
Kieffer Steven D and Mcmillan Kieffer Kathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 1995
Sold by
Riedel Lynn L
Bought by
Riedel Daniel F
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
Robert P Bless Revocable Trust -- None Listed On Document
Robert P Bless Revocable Trust -- Mortgage Information Services
Bless Capital Llc $625,000 --
Kieffer Steven D $875,000 First American Title
Riedel Daniel F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robert P Bless Revocable Trust $400,000
Previous Owner Kieffer Steven D $600,000
Previous Owner Kieffer Steven D $75,000
Previous Owner Kieffer Steven D $650,200
Previous Owner Kieffer Steven D $49,500
Previous Owner Kieffer Steven D $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $625,000 -0.8% $114 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $630,000 -- $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 $23,626 $276,667 $32,973 $243,694
2023 $25,666 $256,863 $30,613 $226,250
2022 $25,666 $258,519 $34,243 $224,276
2021 $22,709 $248,146 $32,869 $215,277
2020 $21,866 $242,046 $32,061 $209,985
2019 $21,464 $235,019 $31,130 $203,889
2018 $22,362 $231,516 $47,092 $184,424
2017 $24,204 $263,821 $45,704 $218,117
2016 $24,168 $252,074 $43,669 $208,405
2015 $23,547 $239,069 $41,416 $197,653
2014 $24,696 $251,975 $50,081 $201,894
2012 $23,330 $253,905 $50,465 $203,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11452293

Midwest Real Estate Data (MRED)

APN: 07-05-401-002