NOT LISTED FOR SALE

40840 N Kilbourne Rd Wadsworth, IL 60083

Estimated Value: $318,000 - $600,686

4 Beds
2.5 Baths
3,600 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $500,000 $139 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,537/month

10 Days on Market

Highlights

  • Horses Allowed On Property
  • Mature Trees
  • Vaulted Ceiling
  • 5.13 Acre Lot
  • Recreation Room
  • Traditional Architecture

About This Home

As of October 2022

This is the amazing house in the country you need! Beautifully updated 4 bed/2.5 bath home located on 5+ acres, with an outbuilding that can used as a barn, he/she shed, big toy storage - your call! The house is nicely located at the northwest portion of the 5+ acre parcel, allowing you to use the land in a multitude of ways - horses, goats, chickens, bees? Owner has added wood floors throughout the 1st and 2nd levels as well as laminate flooring in the basement. Large kitchen with an island is perfect for entertaining with beautiful cabinets, lots of storage and great flow. The screened porch brings the outside in with gorgeous windows on three sides, wood flooring, ceiling fan and wonderful views of the property. Mature trees provide shade. HVAC new in 2020. Easy access to tollway, stores, etc. If you have been searching for property with a ready-to-move-into home, your search can be over!

Last Agent to Sell the Property

Marjorie Richter

Baird & Warner License #471007326 Listed on: 08/04/2022

Baird & Warner

Last Buyer's Agent

Tom Glusic

Coldwell Banker Realty License #471007098

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,086

Year Built

  • Built in 1991 | Remodeled in 2014

Lot Details

  • 5.13 Acre Lot
  • Lot Dimensions are 640x333
  • Partially Fenced Property
  • Mature Trees

Parking

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

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Heated Sun or Florida Room
  • Storage Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

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

Outdoor Features

  • Stamped Concrete Patio
  • Outbuilding

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,086

Year Built

Built in 1991 | Remodeled in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1991
  • 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): Yes
  • Rehab Year: 2014
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors, First Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3600
  • Room Type: Recreation Room, Storage, Heated Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2502
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Stamped Concrete Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 575000
  • Lot Features: Horses Allowed, Mature Trees, Partial Fencing
  • OtherStructures: Outbuilding
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • 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

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 3

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.13
  • Lot Dimensions: 640X333
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9085.58
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 12, 2022
Sold by
Cartus Financial Corporation
Bought by
Kischer Gregory Raymond and Zupec Alexandra Belle
Seller's Agent
Marjorie Richter
Baird & Warner
Buyer's Agent
Tom Glusic
Coldwell Banker Realty
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Current Estimated Value
$514,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,422
Avg. Annual Appreciation
0.93%
Original Mortgage
$360,000
Outstanding Balance
$345,037
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$169,385

Purchase Details

Closed on
Jul 18, 2022
Sold by
Vick Mary
Bought by
Cartus Financial Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$345,037
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$169,385

Purchase Details

Closed on
Apr 1, 2022
Sold by
Michael Vick
Bought by
Vick Mary

Purchase Details

Closed on
Aug 1, 2017
Sold by
Ross Justin R and Gildea Ross Lori A
Bought by
Vick Michael and Vick Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,200
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2013
Sold by
Gildea Jeanne L and Ross Justin R
Bought by
Ross Justin R and Gildea Ross Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,600
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2012
Sold by
Gildea Jeanne and Gildea Donald
Bought by
Gildea Jeanne L and Ross Justin R

Purchase Details

Closed on
Dec 2, 2009
Sold by
Aurora Loan Services Llc
Bought by
Gildea Donald and Gildea Jeanne

Purchase Details

Closed on
Oct 23, 2008
Sold by
Clavey Joan Marie and Case #07 Ch 2111
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 18, 2001
Sold by
Bank Of Waukegan
Bought by
Clavey Orville Stpeter and Clavey Joan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
9.75%
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
Kischer Gregory Raymond $500,000 Burnet Title
Cartus Financial Corporation $500,000 Burnet Title
Vick Mary -- Gateville Law Firm
Vick Michael $123,833 None Available
Ross Justin R -- None Available
Gildea Jeanne L -- None Available
Gildea Donald $295,000 Multiple
Aurora Loan Services Llc -- None Available
Clavey Orville Stpeter -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kischer Gregory Raymond $360,000
Previous Owner Vick Michael $297,200
Previous Owner Ross Justin R $248,600
Previous Owner Clavey Orville Stpeter $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $500,000 -13.0% $139 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $575,000 -- $160 / 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 $9,812 $116,343 $26,204 $90,139
2023 $8,750 $102,743 $23,032 $79,711
2022 $8,750 $89,288 $23,178 $66,110
2021 $9,089 $87,941 $22,722 $65,219
2020 $9,086 $85,869 $22,088 $63,781
2019 $9,160 $82,516 $21,131 $61,385
2018 $9,791 $85,997 $21,035 $64,962
2017 $9,672 $80,730 $20,560 $60,170
2016 $9,631 $78,058 $19,792 $58,266
2015 $9,621 $73,843 $18,638 $55,205
2014 $6,123 $53,795 $18,081 $35,714
2012 $10,288 $54,598 $18,342 $36,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11483944

Midwest Real Estate Data (MRED)

APN: 03-23-100-019