NOT LISTED FOR SALE

4000 E Richview Rd Mount Vernon, IL 62864

Estimated Value: $264,000 - $657,000

5 Beds
7 Baths
7,721 Sq Ft
$70/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $490,000 $63 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,870/month

Highlights

  • Private Dock
  • Deck
  • Hydromassage or Jetted Bathtub
  • Spa
  • Cathedral Ceiling
  • Solid Surface Countertops

About This Home

As of April 2022

This custom-built, one owner estate occupies 16.06 acres with a lake on the North side of Mt. Vernon. Grand in many ways, this home also provides comfort and functional features where it matters most. Each of the bedrooms has a private bath attached. The Great Room is 2-story with windows to enjoy the lake view or nap in streaming sunlight on a Saturday afternoon. This Kitchen will be the gathering spot on many occasions with casual dining, an island and ample workspace. Along the back is a deck to tune that tan or host the ultimate BBQ cook-off that decides it once and for all. A walkout basement with bedroom suite and second kitchen means business or pleasure runs from here. The point is, this home is highly versatile and maybe needs to be looked at as a commercial function as much as a residential purpose. The Owners have platted the acreage to be subdivided for building lots. Efficient Geo-thermal heats and cools the home. Investment return exists here, someone just has to find it.

Last Agent to Sell the Property

Brian Wood

Cross Davidson Real Estate License #471017028 Listed on: 05/03/2020

Last Buyer's Agent

Brian Wood

Cross Davidson Real Estate License #471017028 Listed on: 05/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,605

Year Built

  • Built in 1992

Lot Details

  • 16.06

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Two Story Entrance Foyer
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • 7 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Garden Bath

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Level Entry For Accessibility

Eco-Friendly Details

  • Geothermal Energy System

Outdoor Features

  • Spa
  • Private Dock
  • Deck
  • Patio
  • Porch

Schools

  • Mt Vernon Elementary School

Utilities

  • Water Filtration System
  • Aerobic Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,605

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: E396' SE SW & PT NE NW LYG N OF CH 10 ROW- BEG NE COR NE NW, S515.15', NW428.36' ALG N ROW LN CH 10,
  • Lvt Date: 05/05/2020
  • Year Built: 1992
  • Ada Features: Elevator, Handicap Access, Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave Oven, Refrigerator, Range/Oven, Trash Compactor, Washer, Water Filtration System
  • Fireplace: Electric, Family Room, Great Room, Master Bedroom, Wood Burning
  • Interior Amenities: Built-In Bar, Cable Tv Available, Ceilings/Cath/Vault/Tray, Central Vacuum, Garage Door Opener(s), Hot Tub, In-Law Quarters, Jetted Tub, Wet Bar, Solid Surface Counter Top, Blinds, Ceiling Fan, Foyer 2 Story, Garden Tub, Intercom, Skylights, Window Coverings
  • Number Fireplaces: 3
  • Total Bathrooms: 8
  • Total Full Baths: 7
  • Number of Full Bathrooms in the Basement: 2
  • Number of Main Level Full Bathrooms: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Master Bedroom: Dimensions: 16.42x13, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Finished, Full, Poured, Walk-Out
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 13.42x11.92, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 13.75x12, On Level: Main, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 16.42x13.08, On Level: Upper, Flooring: Carpet
  • Bedroom 4 Egress Window: Yes
  • Bedroom 5: Dimensions: 16.33x12.83, On Level: Upper, Flooring: Carpet
  • Bedroom 5 Egress Window: Yes
  • Den: Dimensions: 14.58x13.25, On Level: Main, Flooring: Hardwood
  • Family Room: Dimensions: 30.17x20.08, On Level: Basement, Flooring: Hardwood
  • Formal Dining Room: Dimensions: 19x12.75, On Level: Main, Flooring: Carpet
  • Great Room: Dimensions: 26.17x20, On Level: Main, Flooring: Carpet
  • Informal Dining Room: Dimensions: 12.33x11.92, On Level: Main, Flooring: Tile
  • Kitchen: Dimensions: 19.5x14.42, On Level: Main, Flooring: Tile
  • Kitchen Dining: Dining Formal, Dining Informal, Eat-In Kitchen, Island, Pantry
  • Laundry: Dimensions: 11.75x8, On Level: Main, Flooring: Tile
  • Living Room: Dimensions: 18.83x15.5, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 2519
  • Rec Room: Dimensions: 38.25x18.83, On Level: Basement, Flooring: Vinyl
  • Total Basement Sq Ft: 2519
  • Additional Room 1: Dimensions: 12.08x12, On Level: Upper, Flooring: Carpet
  • Additional Room 2: Dimensions: 15.17x11.67, On Level: Basement, Flooring: Carpet
  • Price Per Sq Ft: 94.19
  • Finished Sq Ft: 7721
  • Total Sq Ft: 5202
  • Finished Main Level Sq Ft: 3104
  • Upper Level Finished Sq Ft: 2098

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Amenities: Boat Dock, Deck, Patio, Porch
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Attached, Parking Slab, Paved
  • Garage Yn: Yes
  • Number Cars: 4
  • Number Of Garage Remotes: 3

Utilities

  • Heating Cooling: Water Heater - Electric, Geo Thermal
  • Water Sewer: Aerator/Aerobic, Public Water

Schools

  • Elementary School: Mt Vernon

Lot Info

  • Estimated Lot Size: 16.06 acres
  • Estimated Number of Acres: 16.06
  • Lot Description: Golf Course Frontage, Lake/Pond, Lake View, Water Frontage, Pasture
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 13604.54
  • Parcel Id Number Tax Id: 0624376003
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2020

MLS Schools

  • High School School District: Mt Vernon
  • Middle School: Casey Mt. Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2020
Closed on
Apr 8, 2022
Sold by
Desai Manoj and Desai Meenakshi
Bought by
Murphy Donald L and Murphy Berta S
Seller's Agent
Brian Wood
Cross Davidson Real Estate
Buyer's Agent
Brian Wood
Cross Davidson Real Estate
List Price
$550,000
Sold Price
$490,000
Premium/Discount to List
-$60,000
-10.91%
Current Estimated Value
$536,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,966
Avg. Annual Appreciation
2.60%
Original Mortgage
$450,550
Outstanding Balance
$424,265
Interest Rate
4.49%
Estimated Equity
$112,701

Purchase Details

Closed on
Mar 17, 2016
Sold by
Desai Manoj H and Desai Meenakshi
Bought by
Desai Manoj H and Desai Meenakshi
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
Murphy Donald L $490,000 --
Desai Manoj H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Donald L $450,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $490,000 -10.9% $63 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $550,000 0.0% $71 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $550,000 0.0% $71 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
12/10/2020 12/10/20 Price Changed $550,000 -12.0% $71 / Sq Ft
05/03/2020 05/03/20 For Sale $625,000 -- $81 / Sq Ft
Source: RMLS Alliance

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 $12,540 $169,340 $17,700 $151,640
2023 $12,524 $169,340 $17,700 $151,640
2022 $13,135 $166,020 $17,353 $148,667
2021 $12,990 $166,020 $17,353 $148,667
2020 $13,605 $161,978 $16,218 $145,760
2019 $13,419 $161,978 $16,218 $145,760
2018 $13,240 $161,978 $16,218 $145,760
2017 $12,843 $161,978 $16,218 $145,760
2016 $12,706 $161,978 $16,218 $145,760
2015 $12,448 $161,978 $16,218 $145,760
2014 $10,877 $170,811 $16,218 $154,593
2013 $10,877 $160,374 $7,312 $153,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB434041

RMLS Alliance

APN: 06-24-376-003