NOT LISTED FOR SALE

404 Gregory m Sears Dr Unit 8 Gilberts, IL 60136

Estimated Value: $515,000 - $548,221

4 Beds
2.5 Baths
3,706 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $435,000 $117 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,754/month

2 Days on Market

Highlights

  • Spa
  • Waterfront
  • Property is near a park
  • Gilberts Elementary School Rated A-
  • Community Lake
  • Pond

About This Home

As of February 2022

Hurry out to this stunning 3,600 sq' "West Highland" model with coveted 3-car garage, covered front porch and premium Timber Trails lot location backing to pond and nature area! New roof and fresh designer paint throughout! Great flow, loads of windows and tall ceilings absolutely bathe this home in natural sunlight! Its versatile floor plan with wide open spaces provides room to spare everywhere and is perfect for entertaining or hosting the largest of family gatherings! Formal living room and separate formal dining room also includes a butler's pantry! The large family room has a cozy fireplace and plenty of room for the flat screen! The chefs eat-in kitchen has, center island, stainless steel appliances, walk in pantry and recessed lighting! Head around the corner to the private first floor den with incredible views of the pond that's perfect for the at home worker or just a great place to get away and unwind. Sliders off the kitchen lead out to a large fenced in backyard with a hot tub and custom brick paver patio perfect for outdoor entertaining! Upstairs you'll love the three very spacious guest bedrooms, all with large walk-in closets and designer paint! The additional 20'x20' loft area is perfect for an additional recreation space or game room! Continue down the hall to the private 500 sq' master suite with vaulted ceilings, separate his and her walk-in closets, luxury master bath w/ dual vanity and separate whirlpool tub and shower! Head downstairs to the large insulated basement with loads of storage and canned lighting and so much more! Just West of Randall Rd. and across from the Paul Wolfe Forest Preserve, the Timber Trails subdivision provides numerous parks, endless walking and bike paths and very easy access to I90, Sherman hospital and the Metra Station. It's numerous parks and award-winning schools make it one of the NW suburbs most sought after neighborhoods!

Last Agent to Sell the Property

Bob Wisdom

RE/MAX Horizon License #475122882 Listed on: 01/20/2022

RE/MAX Horizon

Co-Listed By

James Brown

Legacy Properties, A Sarah Leonard Company, LLC License #475180832

Last Buyer's Agent

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,010

Year Built

  • Built in 2002

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 89x129x90x129
  • Waterfront
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,706 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Water Views
  • Dormer Attic

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Spa
  • Pond
  • Brick Porch or Patio

Location

  • Property is near a park

Utilities

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

Community Details

  • Association Phone (847) 877-2340
  • Timber Trails Subdivision, Westhinghland Floorplan
  • Property managed by Real Management
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,010

Year Built

Built in 2002

Lot Details

0

HOA Fees

$28 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Timber Trails
  • Year Built: 2002
  • Age: 16-20 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Laundry, Walk-In Closet(s)
  • LivingArea: 3706
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Office, Loft
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Crawl
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 1037
  • Fireplace Location: Family Room
  • Total Sq Ft: 1037
  • Attic: Dormer

Exterior Features

  • ExteriorFeatures: Patio, Hot Tub, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 414900
  • Lot Features: Corner Lot, Fenced Yard, Pond(s), Water View
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 340
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Real Management
  • Management Contact Name: .
  • Management Phone: 847-877-2340
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.2673
  • Lot Dimensions: 89X129X90X129
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11010.38
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 14, 2022
Sold by
Kowalczyk Edward M
Bought by
Khan Zuhaib and Irshad Amna
Seller's Agent
Bob Wisdom
RE/MAX Horizon
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$414,900
Sold Price
$435,000
Premium/Discount to List
$20,100
4.84%
Current Estimated Value
$538,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,805
Avg. Annual Appreciation
6.09%
Original Mortgage
$348,000
Outstanding Balance
$323,144
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$215,661

Purchase Details

Listed on
Mar 3, 2013
Closed on
Jun 27, 2013
Sold by
Michno Gerald J
Bought by
Kowalczyk Edward M and Bartnick William C
Seller's Agent
Todd Siegel
Rocket Homes Real Estate IL LLC
Buyer's Agent
Alen Yousif
Charles Rutenberg Realty of IL
List Price
$310,000
Sold Price
$305,000
Premium/Discount to List
-$5,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$244,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2008
Sold by
Michno Gerald J and Schultz Valerie A
Bought by
Michno Gerald J and Gerald J Michno Jr Declaration Of Trust

Purchase Details

Closed on
May 7, 2003
Sold by
The Ryland Group Inc
Bought by
Michno Gerald J and Michno Melody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Khan Zuhaib $435,000 Hennessy Dennis J G
Kowalczyk Edward M $457,500 Attorneys Title Guaranty Fun
Michno Gerald J -- None Available
Michno Gerald J $373,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Zuhaib $348,000
Previous Owner Kowalczyk Edward M $244,000
Previous Owner Michno Gerald J $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $435,000 +4.8% $117 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $414,900 +36.0% $112 / Sq Ft
06/25/2013 06/25/13 Sold $305,000 -1.6% $85 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
03/03/2013 03/03/13 For Sale $310,000 -- $86 / 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 $10,426 $144,030 $32,544 $111,486
2023 $10,943 $141,451 $29,430 $112,021
2022 $11,514 $143,437 $27,134 $116,303
2021 $11,192 $134,911 $25,521 $109,390
2020 $11,010 $131,466 $24,869 $106,597
2019 $10,757 $126,179 $23,869 $102,310
2018 $10,472 $118,423 $22,402 $96,021
2017 $10,258 $112,773 $21,333 $91,440
2016 $10,144 $107,362 $20,309 $87,053
2015 -- $101,400 $19,181 $82,219
2014 -- $100,944 $14,398 $86,546
2013 -- $102,794 $14,662 $88,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11308220

Midwest Real Estate Data (MRED)

APN: 02-36-202-027