NOT LISTED FOR SALE

4n656 Magnolia Ln Wayne, IL 60184

Estimated Value: $867,460 - $900,000

4 Beds
4.5 Baths
3,884 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $722,000 $186 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,047/month

6 Days on Market

Highlights

  • Landscaped Professionally
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling
  • Wayne Elementary School Rated 9+
  • Recreation Room
  • Whirlpool Bathtub

About This Home

As of July 2022

This incredible custom home sits on an absolutely gorgeous private lot, lined with mature trees. The stunning open floor plan offers loads of windows, 10' ceilings, beautiful hardwood floors and many fine details. The elegant foyer features a sweeping staircase and leads into the formal living room and lovely dining room with a butler's pantry. The private library/office features built-in cabinets & bookcases. The newly renovated huge gourmet kitchen in 2019 offers a large center island, glass tile & solid stone backsplash, high-end stainless steel appliances and a separate eating area with a bay window. Adjacent is the inviting family room with a full wall stone fireplace and bright windows. Relax on your wrap around screened-in porch located right off the kitchen. Note the convenient first floor laundry & powder room. Head up the 2nd staircase to find the luxurious owner's suite featuring a sitting area with a see-thru fireplace, a big custom walk-in closet with built-ins and a private bath. Three more spacious bedrooms, two with a jack-n-jill bath and one with an en suite bath sit on the second floor as well. The finished basement features a built-in bar, a recreation room, a workshop and loads of storage. Be amazed by the 3+ car side load garage, brick paver patios and the professionally landscaped yard. New roof coming June 2022 ! Come visit this spectacular home in the prestigious and convenient Woods of Wayne!

Last Agent to Sell the Property

Cindy Banks

RE/MAX Cornerstone License #475123450 Listed on: 05/19/2022

RE/MAX Cornerstone

Last Buyer's Agent

Cindy Banks

RE/MAX Cornerstone License #475123450 Listed on: 05/19/2022

RE/MAX Cornerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,475

Year Built

  • Built in 2000 | Remodeled in 2019

Lot Details

  • Lot Dimensions are 150 x 290
  • Landscaped Professionally

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,884 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Family Room with Fireplace
  • 2 Fireplaces
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Screened Porch
  • Unfinished Attic
  • Home Security System

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Well
  • Water Purifier is Owned
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Cable TV Available

Community Details

  • Association fees include insurance

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,475

Year Built

Built in 2000 | Remodeled in 2019

Lot Details

0

HOA Fees

$66 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood, Water Purifier Owned
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet
  • LivingArea: 3884
  • Other Equipment: Humidifier, Water-Softener Owned, TV-Cable, Security System
  • Room Type: Breakfast Room, Den, Recreation Room, Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Master Bedroom
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Patio, Porch Screened
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 795
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Elementary School: Wayne Elementary School
  • High School: South Elgin High School
  • Middle/Junior School: Kenyon Woods Middle School

Lot Info

  • Lot Dimensions: 150 X 290
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 13474.7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Rockouski Erica Ann and Erica A Shein 2018 Declaration Of Trust
Bought by
Joint Declaration Of Revocable Living Trust and Rockouski
Current Estimated Value
$881,365

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 29, 2022
Sold by
Shein Erica A
Bought by
Erica A Shein 2018 Declaration Of Trust
Seller's Agent
Cindy Banks
RE/MAX Cornerstone
Buyer's Agent
Cindy Banks
RE/MAX Cornerstone
List Price
$700,000
Sold Price
$722,000
Premium/Discount to List
$22,000
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 25, 2022
Sold by
Pearce Revocable Living Trust and Pearce Cliff
Bought by
Shein Erica
Seller's Agent
Cindy Banks
RE/MAX Cornerstone
Buyer's Agent
Cindy Banks
RE/MAX Cornerstone
List Price
$700,000
Sold Price
$722,000
Premium/Discount to List
$22,000
3.14%

Purchase Details

Closed on
Nov 18, 2016
Sold by
Pearce Cliff P and Pearce Terri D
Bought by
Pearce Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joint Declaration Of Revocable Living Trust -- None Listed On Document
Joint Declaration Of Revocable Living Trust -- None Listed On Document
Erica A Shein 2018 Declaration Of Trust -- Premier Title
Shein Erica $722,000 Old Republic National Title
Pearce Revocable Living Trust -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $722,000 +3.1% $186 / Sq Ft
06/07/2022 06/07/22 For Sale $700,000 -3.0% $180 / Sq Ft
06/07/2022 06/07/22 Off Market $722,000 -- --
05/26/2022 05/26/22 Pending -- -- --
05/23/2022 05/23/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $700,000 -- $180 / 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
2024 $16,368 $239,211 $45,521 $193,690
2023 $15,010 $217,030 $41,300 $175,730
2022 $14,252 $193,920 $38,380 $155,540
2021 $13,823 $184,080 $36,430 $147,650
2020 $13,475 $178,560 $35,340 $143,220
2019 $13,297 $172,190 $34,080 $138,110
2018 $13,450 $169,640 $37,480 $132,160
2017 $14,660 $183,010 $40,440 $142,570
2016 $15,671 $190,010 $41,990 $148,020
2015 $15,870 $179,870 $39,750 $140,120
2014 $14,886 $178,170 $45,580 $132,590
2013 $18,114 $182,440 $46,670 $135,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11408877

Midwest Real Estate Data (MRED)

APN: 01-21-104-020