NOT LISTED FOR SALE

46 Otis Rd Barrington, IL 60010

Estimated Value: $217,000 - $722,000

6.27 Acres
$74,880 Price per Acre
273,121 Sq Ft Lot

Last Sold August 29, 2022

Last sale price $650,000

Est. 28% decrease in value since last sale

Current estimated payment $2,440/month

19 Days on Market

Highlights

  • Lake Front
  • Countryside Elementary School Rated A
  • 6.27 Acre Lot

About This Lot

As of August 2022

Rare Find! Gorgeous 7 acre lakefront on Hawthorn Lake with private lagoon in Barrington Hills. Privately held for over 30 years never for sale to the public. Now just released! 100 year old oak trees and a gently sloping lot gives you a southern view on the lake making this an ideal spot to build your custom home. Great convenient location just 2 miles to downtown Barrington, the train station, & quick access to I-90.

Last Agent to Sell the Property

Kristan James

RE/MAX Plaza License #475200871 Listed on: 06/09/2022

RE/MAX Plaza

Co-Listed By

Pattie Taylor

RE/MAX Plaza License #471000472

Last Buyer's Agent

Ashlee Fox

Berkshire Hathaway HomeServices Starck Real Estate License #475175492

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,715

Lot Details

  • 6.27 Acre Lot
  • Lot Dimensions are 31.2 x 681.5 x 34.8 x 909 x 203.3 x 300.60 x 103.7 x 419.2
  • Lake Front
  • Property fronts a county road
  • Additional Parcels
  • Property is zoned SINGL

Property Views

  • Water Views

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$7,715

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service
  • Actual Status: Closed
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Estate, Residential

Exterior Features

  • Frontage Type: County Road, Public Road
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Septic System Required, Well-Required

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 6.27
  • Lot Dimensions: 31.2 X 681.5 X 34.8 X 909 X 203.3 X 300.60 X 103.7 X 419.2
  • Zoning: SINGL
  • Lot Size: 6.0-7.99 Acres
  • Special Assessments: N
  • Land Description: Horses Allowed,Irregular,Pond/Lake,Sloping,Wooded

Rental Info

  • Board Number: 3
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 7715.22
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 25, 2022
Sold by
Nottingham Custom Homes Llc
Bought by
Drosopoulos Jennifer L and Drosopoulos Andrew S
Seller's Agent
Kristan James
RE/MAX Plaza
Buyer's Agent
Ashlee Fox
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$689,000
Sold Price
$650,000
Premium/Discount to List
-$39,000
-5.66%
Current Estimated Value
$469,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$180,500
Avg. Annual Appreciation
-9.10%

Purchase Details

Closed on
Mar 20, 2007
Sold by
Ford Peg J
Bought by
Nottingham Custom Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1996
Sold by
Nagy William V
Bought by
Ford Peg J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Drosopoulos Jennifer L $650,000 None Listed On Document
Nottingham Custom Homes Llc $1,037,500 Multiple
Ford Peg J $480,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nottingham Custom Homes Llc $918,000
Previous Owner Ford Peg J $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $650,000 -5.7% --
06/29/2022 06/29/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $689,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $23 $5,456 $5,456 --
2024 $23 $88 $88 --
2023 $22 $88 $88 --
2022 $22 $88 $88 $0
2021 $2,561 $8,786 $8,786 $0
2020 $2,483 $8,786 $8,786 $0
2019 $2,179 $8,786 $8,786 $0
2018 $1,673 $6,589 $6,589 $0
2017 $1,635 $6,589 $6,589 $0
2016 $1,549 $6,589 $6,589 $0
2015 $578 $2,196 $2,196 $0
2014 $577 $2,196 $2,196 $0
2013 $554 $2,196 $2,196 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11429347

Midwest Real Estate Data (MRED)

APN: 01-02-402-024-0000