NOT LISTED FOR SALE

48 Otis Rd Barrington, IL 60010

Estimated Value: $708,763 - $1,272,000

4 Beds
4 Baths
2,629 Sq Ft
$348/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $425,000 $162 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $5,796/month

61 Days on Market

Highlights

  • Lake Front
  • Horses Allowed On Property
  • Contemporary Architecture
  • Hough Street Elementary School Rated A+
  • Deck
  • Recreation Room

About This Home

As of March 2021

Bring your ideas and remodel this 4 BR home in the heart of Barrington Hills on lagoon with private pier and access to Hawthorne Lake. Heavily wooded site with 522 feet of shoreline. Property and improvements offered "as is" or tear down existing home and build, grade will allow potential walk-out lower level. Cook County location and only 2.0 miles to Village and Metra plus easy access to expressway. Also listed as Vacant Land.

Last Agent to Sell the Property

John Morrison

@properties Christie's International Real Estate License #471000101 Listed on: 12/04/2020

@properties Christie's International Real Estate

Co-Listed By

Mimi Noyes

@properties Christie's International Real Estate License #475123859

Last Buyer's Agent

Mark Kolar

RE/MAX Properties Northwest License #471005469

RE/MAX Properties Northwest

Home Details

Home Type

  • Single Family

Year Built

  • 1954

Lot Details

  • Lake Front
  • East or West Exposure
  • Wooded Lot

Parking

  • Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Rubber Roof

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Den
  • Recreation Room
  • Home Gym
  • Water Views
  • Partially Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks

Outdoor Features

  • Deck
  • Patio

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Water Rights
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Year Built

1954

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 4
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Style Of House: Contemporary
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • Number Of Rooms: 11
  • Living Room: Dimensions: 20X18, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen
  • Attic: Dormer
  • Fireplace Location: Family Room, Living Room
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Dimensions: 21X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Walk-in
  • Additional Rooms: Den, Deck, Exercise Room, Recreation Room
  • Master Bedroom: Dimensions: 20X17, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Recreation Rm, Dimensions: 20X12, On Level: Walkout Basement, Flooring: Ceramic Tile
  • Additional Room 2 Name: Den, Dimensions: 20X11, On Level: Walkout Basement, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 17X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 3 Name: Deck, Dimensions: 23X27, On Level: Main Level
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 6 Name: Exercise Rm, Dimensions: 10X17, On Level: Walkout Basement, Flooring: Ceramic Tile
  • Estimated Sq Ft: 2629
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X18, On Level: Main Level, Flooring: Ceramic Tile, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: 5.0-5.99 Acres
  • Exterior Building Type: Brick, Frame
  • Roof Type: Rubber, Wood Shakes/Shingles
  • Waterfront: Yes
  • Exterior Property Features: Deck, Patio
  • Exposure: W (West)
  • Acreage: 5.9784

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Gravel, Circular
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Zoned
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air, Baseboard

Schools

  • Junior High Dist: 220
  • Other Public School District: 220

Lot Info

  • Lot Dimensions: 617X338X141X310
  • Lot Description: Horses Allowed, Lake Front, Water Rights, Water View, Wooded
  • Parcel Identification Number: 01023000100000

Tax Info

  • Taxes: 14770.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Mar 18, 2021
Sold by
Monteverde Dante and Lopez Monteverde Alicia
Bought by
Thomas Gregory and Pan Xuan
Seller's Agent
John Morrison
@properties Christie's International Real Estate
Buyer's Agent
Mark Kolar
RE/MAX Properties Northwest
List Price
$540,882
Sold Price
$425,000
Premium/Discount to List
-$115,882
-21.42%
Current Estimated Value
$915,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,691
Avg. Annual Appreciation
17.11%

Purchase Details

Closed on
Sep 8, 2008
Sold by
Happ Susan
Bought by
Monteverde Dante and Lopez Monteverde Alicia

Purchase Details

Closed on
Dec 31, 2007
Sold by
2M Development Inc
Bought by
Happ Susan and Susan Happ Living Trust

Purchase Details

Closed on
Aug 1, 2006
Sold by
Panichi Andrea
Bought by
2M Development Inc

Purchase Details

Closed on
Dec 17, 2002
Sold by
Panichi Richard
Bought by
Panichi Andrea
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thomas Gregory $425,000 Chicago Title
Monteverde Dante $725,000 Affinity Title Services Llc
Happ Susan -- None Available
2M Development Inc $807,000 Ticor Title Insurance Compan
Panichi Andrea -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $425,000 -21.4% $162 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $540,882 -- $206 / 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
2025 $12,490 $72,000 $17,014 $54,986
2024 $12,490 $48,000 $20,347 $27,653
2023 $12,234 $48,000 $20,347 $27,653
2022 $12,234 $48,000 $20,347 $27,653
2021 $11,590 $39,767 $10,173 $29,594
2020 $11,239 $39,767 $10,173 $29,594
2019 $14,296 $57,652 $20,346 $37,306
2018 $15,574 $61,320 $15,260 $46,060
2017 $15,219 $61,320 $15,260 $46,060
2016 $15,804 $67,228 $15,260 $51,968
2015 $17,156 $65,166 $10,173 $54,993
2014 $17,113 $65,166 $10,173 $54,993
2013 $16,442 $65,166 $10,173 $54,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10947400

Midwest Real Estate Data (MRED)

APN: 01-02-300-010-0000