NOT LISTED FOR SALE

4N548 Magnolia Ln Wayne, IL 60184

Estimated Value: $935,000 - $1,037,000

4 Beds
3.5 Baths
4,887 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $609,500 $125 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,632/month

7 Days on Market

Highlights

  • Water Views
  • 1.29 Acre Lot
  • Family Room with Fireplace
  • Wayne Elementary School Rated 9+
  • Deck
  • Vaulted Ceiling

About This Home

As of May 2012

Bank owned. Here is a great opportunity for a custom home in the Woods of Wayne subdivision. Freshly painted t/o, hardwood floors refinished, new stainless steel appliances. 1st floor master bedroom with luxury bath. Outstanding kitchen, unfinished English basement. Sold in "as-is" condition. A few items to be finished by bank. Feels like a new home!

Last Agent to Sell the Property

William LaMack

Coldwell Banker Realty License #471000180 Listed on: 03/09/2012

Coldwell Banker Realty

Last Buyer's Agent

Omar Azam

Berkshire Hathaway HomeServices Starck Real Estate License #475144182

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,531

Year Built

  • Built in 2005

Lot Details

  • 1.29 Acre Lot
  • Lot Dimensions are 194.09x372.83x99.07x394.07
  • Paved or Partially Paved Lot
  • Irregular Lot

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,887 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Loft
  • Storage Room
  • Second Floor Utility Room
  • Tandem Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • English Basement
  • Sump Pump
  • Fireplace in Basement
  • Rough-In Basement Bathroom
  • Crawl Space

Outdoor Features

  • Balcony
  • Deck
  • Brick Porch or Patio

Schools

  • Wayne Elementary School
  • Kenyon Woods Middle School
  • South Elgin High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • 400 Amp
  • Well
  • ENERGY STAR Qualified Water Heater
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • Call Listing Office Association
  • Woods Of Wayne Subdivision, Custom Floorplan
  • Property managed by Call Listing office

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,531

Year Built

Built in 2005

Lot Details

0

HOA Fees

$55 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Woods of Wayne
  • Year Built: 2005
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Dishwasher, Refrigerator, High End Refrigerator, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: English
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Laundry
  • LivingArea: 4887
  • Other Equipment: Humidifier, Water-Softener Owned, TV-Cable, TV-Dish, Sump Pump
  • Room Type: Eating Area, Foyer, Loft, Pantry, Storage, Tandem Room, Utility Room-2nd Floor
  • Basement Description: Unfinished,Crawl,Bathroom Rough-In
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Basement
  • Attic: Pull Down Stair,Unfinished
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 630000
  • Lot Features: Irregular Lot, Water View
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,EIFS (e.g. Dryvit).

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Brick,Concrete
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Breakfast Bar,Eating Area-Table Space,Island,Pantry-Walk-in

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, Service - 400 Amp or Greater
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 660
  • Association Fee Frequency: Annually
  • Community Features: Street Paved
  • Master Association Fee: No
  • Management Company: Call Listing office
  • Management Contact Name: Call Listing office
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: WAYNE ELEMENTARY SCHOOL
  • High School: SOUTH ELGIN HIGH SCHOOL
  • Middle/Junior School: KENYON WOODS MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.29
  • Lot Dimensions: 194.09X372.83X99.07X394.07
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Green Features

  • GreenEnergyEfficient: Water Heater

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 16531
  • Tax Year: 2010
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
May 3, 2012
Sold by
Pb & J Vii Llc
Bought by
Patel Sudhirchandra and Patel Bharati
Seller's Agent
William LaMack
Coldwell Banker Realty
Buyer's Agent
Omar Azam
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$630,000
Sold Price
$609,500
Premium/Discount to List
-$20,500
-3.25%
Current Estimated Value
$939,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,326
Avg. Annual Appreciation
3.70%
Original Mortgage
$409,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2011
Sold by
Kopacz Patryk J and Kopacz Ewa K
Bought by
Parkway Bank & Trust Company

Purchase Details

Closed on
Nov 30, 2006
Sold by
Cosentino Nicholas and Cosentino Teresa
Bought by
Kopacz Patryk J and Kopacz Ewa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 30, 2005
Sold by
Murphy Brian and Murphy Gail
Bought by
Cosentino Nicholas and Cosentino Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2001
Sold by
West Suburban Bank
Bought by
Murphy Brian and Murphy Gail
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
Patel Sudhirchandra $9,500 Ctic
Parkway Bank & Trust Company -- None Available
Kopacz Patryk J $332,000 Pntn
Cosentino Nicholas $330,000 Alliance Title
Murphy Brian $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sudhirchandra $331,000
Closed Patel Sudhirchandra $99,000
Closed Patel Sudhirchandra $409,500
Closed Patel Sudhirchandra $409,500
Previous Owner Kopacz Patryk J $660,000
Previous Owner Kopacz Patryk J $288,000
Previous Owner Cosentino Nicholas $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2012 05/04/12 Sold $609,500 -3.3% $125 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $630,000 -- $129 / 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 $16,637 $247,690 $41,300 $206,390
2022 $16,311 $221,060 $38,380 $182,680
2021 $15,824 $209,850 $36,430 $173,420
2020 $15,427 $203,560 $35,340 $168,220
2019 $15,226 $196,300 $34,080 $162,220
2018 $15,346 $192,710 $37,480 $155,230
2017 $16,721 $207,900 $40,440 $167,460
2016 $17,872 $215,860 $41,990 $173,870
2015 $18,104 $204,340 $39,750 $164,590
2014 $16,889 $201,330 $45,580 $155,750
2013 $20,548 $206,150 $46,670 $159,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08013698

Midwest Real Estate Data (MRED)

APN: 01-21-107-002