NOT LISTED FOR SALE

480 S Division St Braidwood, IL 60408

Estimated Value: $671,000 - $737,000

4 Beds
3 Baths
4,100 Sq Ft
$170/Sq Ft Est. Value

Last Sold January 10, 2025

Last sale price $655,000 $160 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,467/month

14 Days on Market

Highlights

  • Lake Front
  • 0.4 Acre Lot
  • Vaulted Ceiling
  • Beach Access
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of January 2025

THE ULTIMATE in luxury and cabin style living, this ranch home with walkout basement is situated on a private wooded 96-acre lake with ATV/walking trails!! With custom updates and finishes throughout, your new lifestyle will be that of a lakehouse escape. Walk into this home through the solid wood, castle-inspired doors with functional speakeasy windows and prepare to be WOWED! The grand vaulted living room boasts a floor-to-ceiling stone fireplace, perfectly complimented by double sliding glass doors that frame breathtaking views of the serene lake, and allows natural light to spill in and illuminate the space. The open concept is meant for feeling connected and entertaining to the fullest. The heart of the home is the dream kitchen, featuring high-end stainless steel Dacor appliances, custom cabinetry to fit the upscale cabin lifestyle, and luxurious granite counters. Two expansive islands offer space for entertaining and prepping, and contain an additional oven for larger dinners, a beverage fridge and a microwave. Retreat to the exquisite owner's suite that exudes warmth and comfort. The room features a large, rustic wooden bed adorned with plush earthy bedding and looks out through tall glass from the sliding doors that frame the stunning lake views. The glass doors lead out onto the deck that spans the length of the home, where you can enjoy a quiet evening drink or early morning coffee. In the corner of the room, the stone fireplace will provide warmth on those snow-kissed nights. The ensuite bathroom features a deep soaking tub surrounded by mirrors and is perfect for unwinding. If a shower is more your speed, the steam shower will offer a spa-like experience. The fully finished basement is an entertainers paradise showcasing another stunning stone fireplace and a custom bar that rivals anything you can find! Open the double doors to the patio and let the inside and outside come together on the covered patio that spans the length on the home! Additionally on this lower level are two bedrooms, including a second owner/in-law suite with its very own private lake views and attached bathroom! The second laundry room can be found on this level as well making this area a fully functioning living space! Outside enjoy your own private beach and dock, complete with a slide and perfect for summer fun and relaxation. This remarkable backyard is ready for entertaining and lake life with a cabana bar and outdoor shower! The attached 3-car, heated garage is no ordinary area! Not only does this man cave have its very own urinal and utility sink, you can head up the stairs in the garage to the large U-FROG that can be your future office, workout room, or storage space! Make an appointment to view today! Quick closing possible!

Last Agent to Sell the Property

Sarah Toso

RE/MAX Ultimate Professionals License #475173799 Listed on: 11/29/2024

RE/MAX Ultimate Professionals

Last Buyer's Agent

Ray DeVito

RE/MAX 10 License #475152664

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,986

Year Built

  • Built in 2016

Lot Details

  • 0.4 Acre Lot
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Parking Space is Owned

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 4,100 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Loft
  • Lower Floor Utility Room
  • Wood Flooring
  • Water Views
  • Attic

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in multiple locations

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Beach Access

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,986

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Log
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 2016
  • Age: 6-10 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 4100
  • Room Type: Loft, Foyer, Utility Room-Lower Level, Walk In Closet, Attic
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room,Master Bedroom,Basement
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Beach, Lake Front, Water View
  • Waterfront: Yes
  • Exterior Building Type: Log

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Multiple Locations
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.4
  • Lot Dimensions: 17424
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8985.98
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2024
Closed on
Dec 31, 2024
Sold by
Mendoza Eric
Bought by
Benson Andrew A and Benson Thomas J
Seller's Agent
Sarah Toso
RE/MAX Ultimate Professionals
Buyer's Agent
Ray DeVito
RE/MAX 10
List Price
$655,000
Sold Price
$655,000
Views
67
Current Estimated Value
$697,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,396
Avg. Annual Appreciation
6.82%
Original Mortgage
$533,398
Outstanding Balance
$529,026
Interest Rate
5.94%
Mortgage Type
FHA
Estimated Equity
$168,370

Purchase Details

Listed on
Aug 24, 2021
Closed on
Aug 13, 2021
Sold by
Costenaro Michael A and Costenaro Paula J
Bought by
Mendoza Eric
Seller's Agent
Robert Findlay
Findlay Real Estate Group Inc
Buyer's Agent
Sarah Toso
RE/MAX Ultimate Professionals
List Price
$499,900
Sold Price
$515,000
Premium/Discount to List
$15,100
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$489,250
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2002
Sold by
Millennium Trust Company Llc
Bought by
Costenaro Michael A and Costenaro Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,450
Interest Rate
6.8%
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
Benson Andrew A $655,000 Fidelity National Title
Mendoza Eric $515,000 None Available
Costenaro Michael A $231,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson Andrew A $533,398
Previous Owner Mendoza Eric $489,250
Previous Owner Costenaro Michael A $207,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2025 01/10/25 Sold $655,000 0.0% $160 / Sq Ft
11/29/2024 11/29/24 For Sale $655,000 +27.2% $160 / Sq Ft
10/04/2021 10/04/21 Sold $515,000 +3.0% -- View Prior Sale
09/04/2021 09/04/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $499,900 -- --
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 $9,760 $154,421 $22,887 $131,534
2023 $9,760 $138,308 $20,499 $117,809
2022 $8,204 $125,507 $18,602 $106,905
2021 $7,951 $17,755 $17,755 $0
2020 $1,192 $16,821 $16,821 $0
2019 $1,130 $15,884 $15,884 $0
2018 $1,091 $15,200 $15,200 $0
2017 $1,073 $14,902 $14,902 $0
2016 $1,048 $14,412 $14,412 $0
2015 $1,013 $14,040 $14,040 $0
2014 $1,013 $14,040 $14,040 $0
2013 $1,013 $74,505 $15,016 $59,489
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12218369

Midwest Real Estate Data (MRED)

APN: 02-24-18-201-023