NOT LISTED FOR SALE

403 River Grove Ln Vernon Hills, IL 60061

Estimated Value: $851,328 - $995,000

4 Beds
4 Baths
4,257 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $595,000 $140 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,485/month

16 Days on Market

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • Soaking Tub
  • Laura B. Sprague School Rated A-
  • Attached Garage

About This Home

As of December 2021

2019/2020 PAINT FIRST AND SECOND LEVEL!!! 2020 HOT WATER HEATER and BASEMENT PAINTED! 2019 NEW AIR CONDITIONER! Nestled on beautiful luscious landscaping and serene creek. Custom-designed open layout home located in AWARD-WINNING Stevenson High School district with over $50K of updates! High ceilings, gleaming hardwood flooring and modern finishes are a few of the finest details. Grand foyer welcomes you into the home with views into your formal living and dining room. Cook your favorite meals in your spacious kitchen boasting granite countertops, stainless steel refrigerator, dishwasher, cooktop and microwave, abundance of cabinetry, breakfast bar and eating area that leads to your oversized balcony. Gather around your cozy fireplace in your inviting family room with plenty of natural lighting and direct access to your private office with double French doors. Half bathroom and laundry room complete the first level. Retreat to your master suite with tray ceiling, large walk-in closet, two separate vanities, soaking tub and separate shower. Three additional bedrooms and one full bathroom adorn the second level. Entertain in style in your finished walk-out basement with peaceful views of your outdoor oasis and provides additional living space, full bathroom and plenty of unfinished storage space! Welcome Home!

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 10/01/2021

Last Buyer's Agent

Petranka Stamatova

Core Realty & Investments, Inc License #475150544

Core Realty & Investments, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,861

Year Built

  • 1997

Lot Details

  • 0.34

Parking

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

Interior Spaces

  • 4,257 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,861

Year Built

1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: E Townline Rd/ N Fairway Dr, Head S on N Fairway Dr, L on River Grove Ln
  • Lot Size: 15141
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Wall Oven
  • Has Basement: Full, Walkout
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 4257
  • Basement Description: Finished,Exterior Access,Rec/Family Area,Storage Space
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3154
  • Basement Sq Ft: 1698
  • Fireplace Location: Family Room
  • Total Sq Ft: 4852
  • Main Level Sq Ft: 3154
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1103
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Granite Counters, Separate Dining Room
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Dining Room Type: Eating Area, Office, Recreation Room, Foyer

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Storms/Screens
  • Exterior Building Type: Vinyl Siding,Brick,EIFS (e.g. Dryvit).
  • Lot Features: Corner Lot, Landscaped, Mature Trees, Creek
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Half Day School
  • High School: Adlai E Stevenson High School
  • Junior High Dist: 125
  • Middle Or Junior School: Daniel Wright Junior High School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 16687.78
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 2, 2021
Sold by
Wang Helen and Wang He
Bought by
Anand Saurabh and Narayanan Shamini Nalayini
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Petranka Stamatova
Core Realty & Investments, Inc
List Price
$615,000
Sold Price
$595,000
Premium/Discount to List
-$20,000
-3.25%
Current Estimated Value
$893,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,332
Avg. Annual Appreciation
9.43%
Original Mortgage
$535,500
Outstanding Balance
$496,606
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$339,839

Purchase Details

Closed on
Sep 10, 2014
Sold by
Zhou Zhou
Bought by
Wang Helen

Purchase Details

Closed on
May 23, 2003
Sold by
Wang He
Bought by
Wang He and Zhou Zhou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 15, 2002
Sold by
Sidhu Amarjit and Sidhu Jyoti
Bought by
Wang He

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.38%

Purchase Details

Closed on
Feb 20, 2002
Sold by
Wang He
Bought by
Zhou Zhou and Wang He

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 10, 2001
Sold by
Sidhu Ikhlaq
Bought by
Sidhu Amarjit and Sidhu Jyoti

Purchase Details

Closed on
Oct 3, 1997
Sold by
Sidhu Ikhlaq and Sidhu Jyoti
Bought by
Sidhu Ikhlaq and Sidhu Jyoti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
7.7%

Purchase Details

Closed on
Sep 22, 1997
Sold by
Corus Bank
Bought by
Sidhu Ikhlaq and Sidhu Jyoti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
7.7%
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
Anand Saurabh $595,000 Cambridge Title Company
Wang Helen -- None Available
Wang He -- Metropolitan Title Co
Wang He $562,000 --
Zhou Zhou -- Metropolitan Title Co
Sidhu Amarjit -- --
Sidhu Ikhlaq -- Investors Title Guaranty Inc
Sidhu Ikhlaq $222,000 Investors Title Guaranty Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anand Saurabh $535,500
Previous Owner Wang Helen $269,000
Previous Owner Wang He $303,000
Previous Owner Wang He $270,000
Previous Owner Wang He $273,000
Previous Owner Wang He $300,700
Previous Owner Zhou Zhou $300,700
Previous Owner Wang He $300,700
Previous Owner Zhou Zhou $300,700
Previous Owner Sidhu Ikhlaq $266,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $595,000 -3.3% $140 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $615,000 -- $144 / 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 $19,861 $231,858 $35,953 $195,905
2023 $17,822 $218,775 $33,924 $184,851
2022 $17,822 $198,114 $30,720 $167,394
2021 $17,123 $195,978 $30,389 $165,589
2020 $16,688 $196,647 $30,493 $166,154
2019 $16,782 $202,765 $30,381 $172,384
2018 $15,761 $195,708 $27,521 $168,187
2017 $15,580 $191,140 $26,879 $164,261
2016 $14,967 $183,032 $25,739 $157,293
2015 $14,724 $171,170 $24,071 $147,099
2014 $14,652 $166,857 $25,851 $141,006
2012 $13,984 $167,192 $25,903 $141,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11235649

Midwest Real Estate Data (MRED)

APN: 15-16-207-039