NOT LISTED FOR SALE

40920 N Timberland Trail Wadsworth, IL 60083

Estimated Value: $456,000 - $637,000

4 Beds
4 Baths
2,206 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $438,000 $199 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,752/month

13 Days on Market

Highlights

  • 1.57 Acre Lot
  • Mature Trees
  • Deck
  • Landscaped Professionally
  • Fireplace in Bedroom
  • Stream or River on Lot

About This Home

As of July 2021

Welcome to Paradise! This custom ranch home has been meticulous maintained and updated and features an almost 2 acre private oasis. You will fall in the love with the mature 200 year old oak trees, stream running through the property and professional landscaping. The yard features 2 spacious decks 1 with custom seating and planters and the other with a covered pergola with transparent roofing. Also a ton of custom brick work with a gorgeous brick paver patio w built in fire pit, flagstone pathway, retaining walls and walkout basement stairs. The yard also boasts 3 bridges over the stream, many decorative trees, large fire pit area, shed and completely fenced in back yard. The completely renovated home welcomes you through a large foyer and leads into a huge dining room with access to the deck. The kitchen boasts updated cabinet, newer appliances, built in oven and microwave, Island with sliding cherry butcher block counter for breakfast bar seating, skylight, closet pantry and plenty of table space. The Living room has a gorgeous stone wood burning fireplace with gas starter, cathedral cedar ceilings, beams, and custom cabinetry with lighting, bookshelves, display case and built in corner computer desk. The master bedroom suite has vaulted ceilings, access to the deck, gorgeous views and 3 closets. Double French doors lead you into the master bath with double vanities, Jacuzzi tub and separate shower. The 2nd bedroom has its own attached bathroom, 2 closets and a nook with lighting. The 3rd bedroom has built in cabinets, access to the deck and a full bathroom right across the hall. The full hall bathroom has been beautifully renovated with custom vanity, travertine tile, shower, vaulted cedar ceiling w/ plant ledge and crown molding. The lower level guest suite features a bedroom w/ walk in closet, electric fireplace and exterior access to the patio. The lower level also contains a full bathroom, storage room, bonus room, utility/mechanical room and 2 large concrete crawl spaces. In addition the property boasts a large horseshoe driveway, 3 car garage and side apron parking. Everything has been done; all you need to do is move it. Too many upgrades to list please see additional information. No sign on property.

Last Agent to Sell the Property

Laura Lanz

RE/MAX Plaza License #475130777 Listed on: 05/07/2021

RE/MAX Plaza

Last Buyer's Agent

Scott Slutsky

Berkshire Hathaway HomeServices Chicago License #475168916

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,589

Year Built

  • Built in 1956 | Remodeled in 2020

Lot Details

  • 1.57 Acre Lot
  • Lot Dimensions are 130 x 520
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

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

Home Design

  • Ranch Style House
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,206 Sq Ft Home
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Electric Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Lower Floor Utility Room
  • Storage Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Brick Porch or Patio
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • Custom Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,589

Year Built

Built in 1956 | Remodeled in 2020

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Built-In Oven
  • Basement: Partial
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Electric, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Special Millwork
  • LivingArea: 2206
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area, Foyer, Utility Room-Lower Level, Storage, Other Room
  • Estimated Total Finished Sq Ft: 3062
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3062
  • Fireplace Location: Living Room,Bedroom
  • Total Sq Ft: 3062
  • Main Level Sq Ft: 2206
  • Lower Level Sq Ft: 856

Exterior Features

  • ExteriorFeatures: Deck, Patio, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 465000
  • Lot Features: Fenced Yard, Landscaped, Stream(s), Mature Trees
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Log

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: Septic-Private
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, 2+ Sep Heating Systems, Zoned
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • 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: 1.57
  • Lot Dimensions: 130 X 520
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8589.38
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 22, 2021
Sold by
Deram Timothy S and Deram Eva
Bought by
Barletta Van and Barletta Martha
Seller's Agent
Laura Lanz
RE/MAX Plaza
Buyer's Agent
Scott Slutsky
Berkshire Hathaway HomeServices Chicago
Sold Price
$438,000
Current Estimated Value
$535,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,861
Avg. Annual Appreciation
3.66%
Original Mortgage
$348,000
Outstanding Balance
$318,347
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$191,152

Purchase Details

Closed on
Jun 26, 2006
Sold by
Soby Peter A and Soby Lola E
Bought by
Deram Timothy S and Deram Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 24, 2003
Sold by
Krom Paulette
Bought by
Soby Peter A and Soby Lola E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2001
Sold by
Krom Paulette
Bought by
Soby Peter A and Soby Lola E

Purchase Details

Closed on
Aug 31, 1999
Sold by
Hartford Terry W
Bought by
Krom Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,350
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Barletta Van $440,000 Chicago Title
Deram Timothy S $307,000 Chicago Title Insurance Co
Deram Timothy S $307,000 Multiple
Soby Peter A -- Greater Illinois Title Compa
Soby Peter A -- --
Krom Paulette $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barletta Van $348,000
Previous Owner Deram Timothy S $150,000
Previous Owner Deram Timothy S $237,000
Previous Owner Soby Peter A $160,500
Previous Owner Soby Lola E $150,000
Previous Owner Krom Paulette $110,000
Previous Owner Krom Paulette $108,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $438,000 -5.8% $199 / Sq Ft
05/21/2021 05/21/21 For Sale -- -- --
05/20/2021 05/20/21 Pending -- -- --
05/11/2021 05/11/21 Price Changed $465,000 -6.1% $211 / Sq Ft
05/07/2021 05/07/21 For Sale $495,000 -- $224 / 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 $10,767 $131,955 $36,142 $95,813
2023 $10,767 $111,833 $30,671 $81,162
2022 $9,743 $98,623 $26,590 $72,033
2021 $8,602 $83,447 $24,300 $59,147
2020 $8,589 $81,507 $23,735 $57,772
2019 $8,670 $78,275 $22,794 $55,481
2018 $9,017 $77,847 $23,461 $54,386
2017 $9,191 $76,403 $23,026 $53,377
2016 $9,079 $73,848 $22,256 $51,592
2015 $9,050 $69,740 $21,018 $48,722
2014 $7,944 $67,828 $20,442 $47,386
2012 $7,987 $68,959 $20,783 $48,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11080931

Midwest Real Estate Data (MRED)

APN: 03-24-201-003