NOT LISTED FOR SALE

432 Locust Ln Peotone, IL 60468

Estimated Value: $417,000 - $458,000

3 Beds
3 Baths
2,400 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $398,000 $166 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,993/month

3 Days on Market

Highlights

  • Landscaped Professionally
  • Ranch Style House
  • Wood Flooring
  • Vaulted Ceiling
  • Backs to Open Ground
  • Sun or Florida Room

About This Home

As of April 2024

True Pride in Ownership! Nothing but quality throughout this amazing custom built 3 bedroom brick ranch. Home features beautiful hardwoods and volume ceilings. Amazing Country Kitchen with seated island and eat in space. French doors lead outside to a 3 seasons room, with an added bonus of no neighbors behind you! Spacious Living Room, Formal Dining Room with arched doorways, custom blinds and shutters. Custom touches are evident throughout this home. Full Basement with drywall and sealed floor boasts a blank canvas for your ideas. Workshop, stunning marble walk in shower., battery back-up for sump, House Generator Power Supply (no generator) & Egress windows. Heated 3 car garage, Outdoor shed, paver patio, Ring camera...No expense was spared! Showings to begin March 17th. Property is being sold AS-IS.

Last Agent to Sell the Property

Kimberly Van Ordstrand

CRIS Realty License #475186314 Listed on: 03/15/2024

Last Buyer's Agent

Kimberly Van Ordstrand

CRIS Realty License #475186314 Listed on: 03/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,467

Year Built

  • Built in 2007

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 70x145x120x135
  • Backs to Open Ground
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Peotone Elementary School
  • Peotone Junior High School
  • Peotone High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Westgate Manor Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,467

Year Built

Built in 2007

Lot Details

0

HOA Fees

$8 per month

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
  • Subdivision Name: Westgate Manor
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 2000
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2400
  • Other Equipment: Water-Softener Owned, TV-Cable, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Water Heater-Gas
  • Room Type: Foyer, Sun Room, Walk In Closet
  • Estimated Total Finished Sq Ft: 4400
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2400
  • Basement Sq Ft: 2400
  • Total Sq Ft: 4800
  • Unfinished Basement Sq Ft: 400
  • Main Level Sq Ft: 2400
  • Door Features: French Doors,Storm Door(s),Pocket Door(s)
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 392980
  • Lot Features: Landscaped, Backs to Open Grnd, Level, Sidewalks, Streetlights
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 90
  • Association Fee Frequency: Annually
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Peotone Elementary School
  • High School: Peotone High School
  • Middle/Junior School: Peotone Junior High School
  • Middle/Junior School District: 207U

Lot Info

  • Lot Size Acres: 0.35
  • Lot Dimensions: 70X145X120X135
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6467
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 19, 2024
Sold by
Moruzi Michael and Moruzi Michaella
Bought by
Saldivar Arturo
Seller's Agent
Kimberly Van Ordstrand
CRIS Realty
Buyer's Agent
Kimberly Van Ordstrand
CRIS Realty
List Price
$392,980
Sold Price
$398,000
Premium/Discount to List
$5,020
1.28%
Total Days on Market
3
Views
64
Current Estimated Value
$431,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,552
Avg. Annual Appreciation
5.24%
Original Mortgage
$318,400
Outstanding Balance
$310,742
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$114,605

Purchase Details

Listed on
May 12, 2016
Closed on
Aug 5, 2016
Sold by
Chicago Title Land Trust Company
Bought by
Moruzi Michael
Seller's Agent
Beverly Chaney
Beverly Chaney
Buyer's Agent
Bruce Hackel
RE/MAX 10
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Dec 29, 2009
Sold by
Botta William A
Bought by
The Privatebank & Trust Company and Trust #7384

Purchase Details

Closed on
Oct 12, 2007
Sold by
Peotone Bank & Trust Co
Bought by
Botta William A and Botta Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2006
Sold by
First Bank Of Manhattan
Bought by
Peotone Bank & Trust Co and Trust #94401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
9.25%
Mortgage Type
Unknown
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
Saldivar Arturo $398,000 Ata National Title Group
Moruzi Michael $260,000 Chicago Title Land Trust Co
The Privatebank & Trust Company -- None Available
Botta William A $316,500 1St American Title
Peotone Bank & Trust Co $500,000 The Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saldivar Arturo $318,400
Previous Owner The Private Bank & Trust Company $139,000
Previous Owner Botta William A $120,800
Previous Owner Peotone Bank & Trust Co $500,000
Previous Owner Peotone Bank & Trust Co $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $398,000 +1.3% $166 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $392,980 +51.1% $164 / Sq Ft
08/17/2016 08/17/16 Sold $260,000 -7.1% $108 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $279,900 -- $117 / 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
2023 $7,218 $114,352 $19,472 $94,880
2022 $6,478 $103,159 $17,566 $85,593
2021 $6,196 $95,332 $16,233 $79,099
2020 $6,020 $90,534 $15,416 $75,118
2019 $6,288 $90,534 $15,416 $75,118
2018 $6,721 $90,534 $15,416 $75,118
2017 $6,575 $88,154 $15,011 $73,143
2016 $6,079 $86,426 $14,717 $71,709
2015 $5,814 $83,584 $14,233 $69,351
2014 $5,814 $83,584 $14,233 $69,351
2013 $5,814 $84,182 $14,335 $69,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12002716

Midwest Real Estate Data (MRED)

APN: 20-23-418-007