$1,500,000
SOLD APR 29, 2025

45W015 Welter Rd Maple Park, IL 60151

6 Beds
7 Baths
-- Sq Ft
32 Acres

Recently Sold

42% Below List Price

354 Days on Market

Highlights

  • Additional Residence on Property
  • Barn
  • Home fronts a pond
  • Lily Lake Grade School Rated A-
  • Stables
  • 32 Acre Lot

About This Home

As of April 2025

Premiere equestrian training facility offered on 32 beautiful acres surrounded by equestrian farms in Kane county horse country. This facility is suited for any discipline and is ideal for shows and clinics. 68 total stalls-53-12' x 12' 8-12' x 16' 7-10' x 14' Dressage arena is 75' x 200'. Well ventilated and heated. 3 sides have wall to wall mirror's. Standard dressage arena with sound system and two story viewing area. Martin Collins fiber footing was installed in 2019. Indoor sand arena is 200' x100' and heated, built in 2019. This arena is used for hunter/jumpers, and clinics. Will accommodate a full hunt/jump course. Outdoor arena is 250' x 140' and was designed to reflect show arenas from the Kentucky horse shows. Surrounded by evergreen boxwoods and perennials. Footing consists of 4'' of semi angular silicone sand and 3/4'' of Martin Collins Clopf fiber footing with drainage. Barn Clubroom is double leveled with heat and air. A kitchenette with storage pantry, microwave, dishwasher, coffee pot, tables, tv and sofas with views of the dressage arena. ADA accessible restrooms located on the main floor. Private office and storage room located on 2nd floor. 6 year-round paddocks & 4 large pastures with loafing sheds, hay barn & fire suppression pump building, custom built boarder locker room w 31/private tack lockers and separate locker room for trainers with custom built lockers and washer and dryer, 6 grooming stalls, 4 wash stalls with hot/cold water, separate feed room, 2 offices in stable area, generator house, state-of-the-art fire system. The property has a Kane County Special Use Permit zoned for 80 horses, trailer parking, land public events. Custom Bellefleur home with 6 bedrooms and 5.2 baths. 4 car attached garage. Roof was replaced in 2018, main house has a new furnace in 2022 and an on-demand hot water heater in 2017. The guest suite has new ac unit in 2022 and furnace in 2023. Water softener was installed in 2018.

Last Agent to Sell the Property

Valerie Walker

Keller Williams Inspire - Geneva License #475122292 Listed on: 02/22/2024

Keller Williams Inspire - Geneva

Co-Listed By

Paul Tomaszewski

Keller Williams Inspire - Geneva License #475138156

Last Buyer's Agent

Valerie Walker

Keller Williams Inspire - Geneva License #475122292 Listed on: 02/22/2024

Keller Williams Inspire - Geneva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,907

Year Built

  • Built in 2002

Lot Details

  • 32 Acre Lot
  • Home fronts a pond
  • Fenced
  • Additional Parcels

Parking

  • 4 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2-Story Property
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms

Basement

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

Outdoor Features

  • Deck
  • Patio

Schools

  • Lily Lake Grade Elementary School

Horse Facilities and Amenities

  • Paddocks
  • Stables

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Well
  • Septic Tank

Additional Features

  • Additional Residence on Property
  • Barn

Community Details

Amenities

  • Clubhouse

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,907

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: In-Law Floorplan
  • Possible Use: Horses
  • Room Type: Bedroom 5, Bedroom 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Fencing: Fenced
  • List Price: 2600000
  • OtherStructures: Second Residence, Barn(s)
  • Patio And Porch Features: Deck, Patio
  • Waterfront Features: Pond
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Heated Driveway, Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Propane, Forced Air, Zoned
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Clubhouse, Stable(s), Horse-Riding Area
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lily Lake Grade School
  • Middle/Junior School District: 301

Lot Info

  • Additional Parcels Description: 0724200007,0819100008
  • Additional Parcels: Yes
  • HorseAmenities: Paddocks
  • Lot Size Acres: 32
  • Lot Dimensions: 32
  • Lot Size: 10+ Acres
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 48907.42
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 14, 2025
Sold by
Equestrian Events Llc
Bought by
Gait At 45W Real Estate Llc
Seller's Agent
Valerie Walker
Keller Williams Inspire - Geneva
Buyer's Agent
Valerie Walker
Keller Williams Inspire - Geneva
List Price
$2,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$1,100,000
-42.31%
Views
257
Current Estimated Value
$1,586,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,745
Avg. Annual Appreciation
18.57%

Purchase Details

Closed on
Oct 24, 2005
Sold by
Corbel Raymond J and Corbel Boerema Kristin C
Bought by
Brezgin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2005
Sold by
Corbel Raymond J and Corbel Boerema Kristin C
Bought by
Corbel Raymond J and Corbel Boerema Kristin C

Purchase Details

Closed on
Sep 2, 1997
Sold by
Wolfenberger Yvonne
Bought by
Corbel Raymond J and Corbel Dorothy G
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 Type Sale Price Title Company
Special Warranty Deed $1,500,000 Carrington Title Partners
Warranty Deed $1,925,000 Chicago Title Insurance Comp
Interfamily Deed Transfer -- Chicago Title Insurance Comp
Warranty Deed $100,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Unknown
Previous Owner $302,817 Unknown
Previous Owner $1,031,197 Stand Alone Refi Refinance Of Original Loan
Previous Owner $80,000 Unknown
Previous Owner $50,000 Unknown
Previous Owner $500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $300,000 Credit Line Revolving
Previous Owner $0 Credit Line Revolving
Previous Owner $2,321,090 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $1,886,668 Construction
Previous Owner $1,540,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $1,500,000 -42.3% --
02/11/2025 02/11/25 Pending -- -- --
02/22/2024 02/22/24 For Sale $2,600,000 -- --
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 $46,774 $563,657 $42,627 $521,030
2023 $48,307 $546,050 $39,506 $506,544
2022 $48,188 $529,254 $36,551 $492,703
2021 $48,188 $518,308 $34,500 $483,808
2020 $48,253 $510,962 $33,018 $477,944
2019 $39,883 $416,983 $31,481 $385,502
2018 $38,678 $406,021 $29,540 $376,481
2017 $38,130 $395,939 $27,756 $368,183
2016 $40,482 $385,214 $25,990 $359,224
2015 -- $376,986 $24,387 $352,599
2014 -- $372,670 $23,579 $349,091
2013 -- $372,347 $23,256 $349,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11903890

Midwest Real Estate Data (MRED)

APN: 07-24-200-006