37230 N Black Velvet Ln Wadsworth, IL 60083
4
Beds
4.5
Baths
5,643
Sq Ft
3.6
Acres
Highlights
- Horses Allowed On Property
- In Ground Pool
- Sauna
- Woodland Elementary School Rated A-
- Second Garage
- Heated Floors
About This Home
As of March 2024This home is exceptional! Everything has been rebuilt or remodeled starting in 2013 with beautiful details and lighting throughout. 9ft and volume ceilings on both levels. Main floor is completely hardwood, except gorgeous marble and hardwood in the 2 story foyer. 4 fireplaces. Bright and sunny huge Great room/Sunroom addition with enormous arched windows and 180 degree views of this exquisite property. Main floor Library w/coffered ceiling and custom built-ins, seperated by french doors. First floor primary suite is truly a fabulous retreat. 2nd floor has 3/4 more spacious bedrooms, one of those is also en-suite. Top of the line Kitchen with Thermador & Sub Zero, plus 10ft island and a warm & cozy fireplace in the eating area. Full basement has a Kitchenette, full bath w/dbl shower, sauna, English windows, plus basement has exterior access out to the pool. In-ground pool with auto cover, huge patios, one with fire pit, all overlooking the 3+ acre property with fully stocked pond. Paver brick circular drive and 6 Car Gar spaces. Gurnee schools. This home is very large, but somehow has a warm and cozy feel.
Last Agent to Sell the Property
Keller Williams Success Realty License #475129114 Listed on: 12/03/2023
Last Buyer's Agent
Keller Williams Success Realty License #475129114 Listed on: 12/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,646
Year Built
- Built in 1989 | Remodeled in 2023
Lot Details
- 3.6 Acre Lot
- Lot Dimensions are 132x613x460x475
- Waterfront
- Paved or Partially Paved Lot
- Backs to Trees or Woods
HOA Fees
- $129 Monthly HOA Fees
Parking
- 6 Car Garage
- Second Garage
- Garage Transmitter
- Garage Door Opener
- Parking Space is Owned
Home Design
- Brick Exterior Construction
- Shake Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,643 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Built-In Features
- Bookcases
- Dry Bar
- Coffered Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- French Doors
- Entrance Foyer
- Family Room with Fireplace
- 4 Fireplaces
- Breakfast Room
- Formal Dining Room
- Home Office
- Library
- Game Room
- Heated Sun or Florida Room
- Sauna
Kitchen
- Range with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Granite Countertops
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Fireplace in Basement
- Finished Basement Bathroom
Home Security
- Home Security System
- Carbon Monoxide Detectors
Outdoor Features
- In Ground Pool
- Pond
- Patio
- Fire Pit
Schools
- Woodland Elementary School
- Woodland Middle School
- Warren Township High School
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Baseboard Heating
- Heating System Uses Natural Gas
- 400 Amp
- Well
- Multiple Water Heaters
- Private or Community Septic Tank
Community Details
Overview
- Association fees include insurance
- Hunt Club Farms Subdivision
- Community Lake
Recreation
- Horse Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2023
Closed on
Mar 14, 2024
Sold by
Gladys Rushing Patalano Trust and Patalano Gladys Rushing
Bought by
Salah Mohannad and Zeina Dana
Seller's Agent
Melanie Parsons
Keller Williams Success Realty
Buyer's Agent
Melanie Parsons
Keller Williams Success Realty
List Price
$1,295,000
Sold Price
$1,295,000
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,202
Avg. Annual Appreciation
-6.84%
Original Mortgage
$1,036,000
Outstanding Balance
$1,025,322
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$151,509
Purchase Details
Closed on
Oct 24, 2012
Sold by
Franks George L and George L Franks Trust
Bought by
Gladys Rushing Patalano And The Northern and Gladys Rushing Patalano Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 19, 2009
Sold by
Chicago Title Land Trust Company
Bought by
George L Franks Declaration Of Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,295,000 | Chicago Title | |
| Trustee Deed | $760,000 | Fidelity National Title | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,036,000 | New Conventional | |
| Previous Owner | $510,000 | New Conventional | |
| Previous Owner | $608,000 | New Conventional | |
| Previous Owner | $400,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2024 03/28/24 | Sold | $1,295,000 | 0.0% | $229 / Sq Ft |
| 01/27/2024 01/27/24 | Pending | -- | -- | -- |
| 12/03/2023 12/03/23 | For Sale | $1,295,000 | -- | $229 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $27,359 | $319,029 | $45,526 | $273,503 |
| 2023 | $29,412 | $296,192 | $42,267 | $253,925 |
| 2022 | $29,412 | $302,249 | $47,279 | $254,970 |
| 2021 | $26,646 | $290,122 | $45,382 | $244,740 |
| 2020 | $25,659 | $282,990 | $44,266 | $238,724 |
| 2019 | $25,189 | $274,774 | $42,981 | $231,793 |
| 2018 | $24,605 | $279,386 | $65,564 | $213,822 |
| 2017 | $26,611 | $314,457 | $63,641 | $250,816 |
| 2016 | $26,465 | $300,455 | $60,807 | $239,648 |
| 2015 | $25,657 | $284,954 | $57,670 | $227,284 |
| 2014 | $23,600 | $234,132 | $63,363 | $170,769 |
| 2012 | $21,639 | $235,925 | $63,848 | $172,077 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Melanie Parsons
Keller Williams Success Realty
(847) 772-7179
5 in this area
111 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11940734
APN: 07-05-401-009
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